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Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO

IT Toolbox

Almost a year after Reddit made difficult changes to monetize its data at the expense of losing some important users, the company reportedly secured a $60 million deal. Content licensing deal for AI training is thus the new business model on the block.

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Multiple security flaws emerge in Australian digital driver's licenses

TechSpot

Last week, security company Dvuln released a report on the multiple security flaws that make forging New South Wales digital drivers license (DDL) easy. This could be a big help to identity thieves and teenagers.

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Report: Amazon will use Microsoft 365 cloud productivity tools in $1B ‘megadeal’

GeekWire

GeekWire File Photo) Amazon has committed more than $1 billion to license Microsoft 365 cloud productivity software for 1 million of its corporate and frontline workers in a surprise “megadeal” between the crosstown rivals, Insider reported Tuesday , citing an internal document and a person familiar with the matter.

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Avalara reports $127.9M in Q3 revenue and acquires assets from Business Licenses for $97M

GeekWire

Avalara beat analyst expectations for its third fiscal quarter and said it acquired the assets of Business Licenses. The Seattle tax automation company reported $127.9 The company said it paid $97 million in cash and stock to buy the operational assets of Business Licenses , a Monsey, N.Y.-based

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AI Weekly: TikTok’s algorithm licensing signals China’s play for AI dominance

Venture Beast

This week, TikTok parent company ByteDance began licensing parts of its AI technologies to third parties through a new division called BytePlus. The Financial Times reports that customers can pay fees to use recommendation algorithm… Read More. Register today.

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After fan outcry, Wizards of the Coast will leave its original open license in place

GeekWire

As previously reported , a leak earlier this month indicated that Wizards, based in Renton, Wash., would seek to deauthorize and replace its Open Game License (OGL), a public copyright notice from 2000. is now available under a Creative Commons license.? for D&D under Wizards’ chosen Creative Commons license.

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India says not to preorder Starlink until it obtains a license

The Verge

India has instructed the public not to preorder Starlink, SpaceX’s satellite-based internet service, according to a report from Reuters. As the report notes, the Indian government says that the company needs to obtain a license to operate in the country before it starts deploying its services.

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