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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. The deal includes Nuance’s net debt. Nuance has licensed this tech for many services and applications, including, most famously, Apple’s digital assistant Siri. Last month, the company completed its $7.5

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Salesforce chief Marc Benioff and Shopify CEO Tobi Lütke invest in reforestation startup DroneSeed

GeekWire

The company has already used some of the funds to purchase Silvaseed , a 130-year-old Western Washington forestry company that collects cones for seeds and grows seedlings. The company can deploy its seed-dropping fleet within 30 days of a fire — a quicker time frame, the startup says, compared to traditional strategies.

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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

During a call with analysts after the results were announced Thursday, Oracle Chairman and CTO Larry Ellison named a long roster of high-profile customers the company had signed up recently. While overall revenue including services and license support rose 4% year over year to reach $10.5 billion, net income plunged 54% to $2.3

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Law firm is strictly watching the Houser LLP data breach

Dataconomy

All details regarding the Houser LLP data breach In a disclosure made to the office of Maine’s attorney general on Wednesday, it was revealed that during the incident related to the Houser LLP data breach, certain documents were not only encrypted but also illicitly extracted from the company’s network.

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Why Spotify can’t afford to lose Joe Rogan

The Verge

The chief issue, he said, is Joe Rogan, Spotify’s star podcaster to whom it reportedly paid up to $100 million for an exclusive license to his show. I sincerely hope that other artists and record companies will move off the Spotify platform and stop supporting Spotify’s deadly misinformation about COVID,” he says. “I Buy some CDs?

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Seattle startup founders, investors react to new state capital gains tax that targets stocks

GeekWire

The tax will affect founders and employees that have sold their companies since then or do so in the future, though there may be some potential exemptions. The company’s CEO, Andrew Chrostowski , confirmed to GeekWire that shareholders based in Washington state will be impacted by the new tax if they sell stock. “We

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Netflix thinks games matter more than buying movie studios

The Verge

Citing recent mergers between WarnerMedia and Discovery and the last decade of acquisitions and mergers between major media properties — for example, with Disney and Fox or Viacom and CBS — the company said it doesn’t “believe this consolidation has affected our growth much, if at all.” (If The company said that it added 1.5

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