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Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B

Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats. Magnet Forensics will be purchased by a newly created corporation controlled by Thoma Bravo, Morpheus Purchaser Inc., whichContinue reading “Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B”

TikTok’s ‘corecore’ is the latest iteration of absurdist meme art

TikTok goes a little overboard when it comes to categorizing every last aesthetic into its own microtrend. You notice it when Spotify Wrapped calls your music taste goblincore, or when you strangely end up at a charity gala in San Francisco and a tech exec asks you if he should be concerned that his teen daughter is obsessedContinue reading “TikTok’s ‘corecore’ is the latest iteration of absurdist meme art”

Elon Musk admits Twitter has too many ads, says fix is coming

Elon Musk continues to change things at a breakneck pace at Twitter, and on Saturday the still-CEO (I guess he hasn’t found anyone willing to take over yet?) seemed to address user complaints that ads are getting worse on the platform. Musk said that the social network would be “taking steps” to address what heContinue reading “Elon Musk admits Twitter has too many ads, says fix is coming”

Alphabet makes cuts, Twitter bans third-party clients, and Netflix’s Reed Hastings steps down

Howdy, folks! Happy Friday. While our fearless Week in Review leader Greg enjoys parental leave, I’m filling in, curating the latest on the tech news front. It was a roller coaster of a week once again as economic headwinds took a brutal, demoralizing toll, and as chaos reigned at Elon Musk’s Twitter. Somewhere in theContinue reading “Alphabet makes cuts, Twitter bans third-party clients, and Netflix’s Reed Hastings steps down”

Microsoft is sunsetting social VR pioneer AltspaceVR

AltspaceVR has had a few close calls over the years, but the company that built virtual social spaces well before “metaverse” was a household word is shuttering for good this time. After announcing that it would close up shop in 2017, Microsoft intervened and the company came under the tech giant’s wing. Now, Microsoft isContinue reading “Microsoft is sunsetting social VR pioneer AltspaceVR”