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PE firm Silver Lake announces it will invest $747M in Indian telecom giant Jio Platforms, giving it a valuation of $65B, weeks after Facebook invested $5.7B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: PE firm Silver Lake announces it will invest $747M in Indian telecom giant Jio Platforms, giving it a valuation of $65B, weeks after Facebook invested $5.7B  —  Weeks after Facebook invested $5.7 billion in Indian telecom giant Jio Platforms, private equity firm Silver Lake is following suit. PE firm Silver Lake

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Flaws in Salt, a server automation and management tool, have been exploited to breach servers belonging to Ghost blogging platform, DigiCert, and LineageOS (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet: Flaws in Salt, a server automation and management tool, have been exploited to breach servers belonging to Ghost blogging platform, DigiCert, and LineageOS  —  Ghost platform got hacked via the same vulnerability that allowed hackers to breach LineageOS servers hours before. Flaws in Salt, a server automation and management tool, have

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US travel reservations giant Sabre abandoned a $360M deal to acquire Florida-based Farelogix on Friday after a UK anti-trust watchdog prohibited it (Diane Bartz/Reuters)

Diane Bartz / Reuters: US travel reservations giant Sabre abandoned a $360M deal to acquire Florida-based Farelogix on Friday after a UK anti-trust watchdog prohibited it  —  WASHINGTON (Reuters) – U.S. travel technology firm Sabre Corp (SABR.O) and software firm Farelogix Inc said on Friday that they would terminate … US travel reservations giant Sabre

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The pandemic could make the economic power of Facebook, Google, and Amazon more visible, making them an even bigger target for antitrust hawks in Washington, DC (Politico)

Politico: The pandemic could make the economic power of Facebook, Google, and Amazon more visible, making them an even bigger target for antitrust hawks in Washington, DC  —  The pandemic “has unmasked how big and powerful these companies are,” one antitrust advocate says.  And that could make them an even bigger target in Washington. The

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Hackaday Links: May 3, 2020

In a sign of the times, the Federal Communications Commission has officially signed off on remote testing sessions for amateur radio licensing in the United States. Testing in the US is through the Volunteer Examiner Coordinator program, which allows teams of at least three Volunteer Examiners to set up in-person testing sessions where they proctor

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Sources: Elliott Management is financing a patent lawsuit by interactive-video company Eko, which it will take an equity stake in, against Quibi (Wall Street Journal)

Wall Street Journal: Sources: Elliott Management is financing a patent lawsuit by interactive-video company Eko, which it will take an equity stake in, against Quibi  —  Elliott, run by billionaire Paul Singer, will fund the suit by interactive-video company Eko and take an equity stake Sources: Elliott Management is financing a patent lawsuit by interactive-video

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Activist investor hedge fund reportedly financing Eko lawsuit against Quibi over Turnstyle feature

Illustration by Alex Castro / The Verge Hedge fund Elliott Management Corp. is financing Eko’s patent lawsuit against streaming service Quibi, The Wall Street Journal reports. Eko’s suit claims that Quibi stole trade secrets and that its “Turnstyle” feature violates Eko’s patents. Turnstyle allows Quibi videos to play differently depending on the orientation —vertical or

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Tencent buys a 5% stake, worth about AU$390M, in Australia-based buy-now-pay-later company Afterpay (Reuters)

Reuters: Tencent buys a 5% stake, worth about AU$390M, in Australia-based buy-now-pay-later company Afterpay  —  (Reuters) – Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay Ltd, the Australian buy-now-pay-later firm said on Friday. Tencent buys a 5% stake, worth about AU0M, in Australia-based buy-now-pay-later company Afterpay (Reuters) Source:

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Tencent buys a 5% stake, worth about AU$390M, in Australia-based buy-now-pay-later company Afterpay (Reuters)

{$inline_image} Reuters: Tencent buys a 5% stake, worth about AU$390M, in Australia-based buy-now-pay-later company Afterpay  —  (Reuters) – Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay Ltd, the Australian buy-now-pay-later firm said on Friday. Tencent buys a 5% stake, worth about AU0M, in Australia-based buy-now-pay-later company Afterpay (Reuters)

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