Skip go main gist
✍🏾
GIST WEY JUST LAND
BusinessPan-African
Read am for:

Apple Don Strike Deal To Pack Team And Tech From Podcast Startup, Huxe!

Apple don cast the gist say dem don run package to employ the workers and license the technology of one personalized podcast startup wey dem dey call Huxe.

Adebayo Adeyemi

5 days wey pass Β· 1 min to read

Eye dey here 1 Talk your own 0
Share this gist:
Apple Don Strike Deal To Pack Team And Tech From Podcast Startup, Huxe!

Apple Don Run Smart Deal Pack Huxe Team And Their AI Podcast Tech! πŸŽπŸŽ™οΈ

Apple don officially tell the European Commission say dem don reach agreement to give employment to "certain employees of Huxe AI" and collect non-exclusive license to use their intellectual property.

Dem call this kind move "reverse acqui-hire". Wetin e mean be say, instead of Apple to buy the whole startup completely and invite government query (antitrust scrutiny), dem just hire the main brains and license the tech. Smart play!

Wetin happen to Huxe?
For those wey no know, Huxe na one personalized audio startup wey some developers wey formerly build the AI-generated podcast feature for NotebookLM (wey dem don rename to Gemini Notebook) start. But on May 21, Huxe come outside announce say dem dey shut down, remove app from store, and wipe user data. Dem tell their users say, β€œThe team is moving on to new things.” We no know say na Apple be the "new things" as Apple notify the Commission of this deal by June 9.

The Spotify Beef
Why Apple dey rush this AI audio matter? Make we no forget say just a day before Huxe announce their shutdown, Spotify launch their own AI-powered podcast features. So e clear say Apple no wan carry last; dem fit dey plan to use Huxe tech arrange their own Apple Podcasts app make the competition balance.

This gist sweet you? Show am love πŸ‘‡πŸΎ

Eye dey here 1 Talk your own 0
Send am give your people:

Enjoy this gist? Make e dey land for your inbox.

πŸ’¬ Talk your own

…

Be calm o. No insult, no spam. Oga fit hide bad talk.

    More gist like this

    Show me everything β†’

    From UNILAG To Fixing Lagos Transport Shege: How Damilola Olokesusi Build Shuttlers!

    After experiencing the everyday shege of Lagos transport, Damilola Olokesusi co-founded Shuttlers to provide scheduled, comfortable AC buses for professionals. What started with simple WhatsApp bookings don grow into a massive mobility tech platform wey win her global recognition like the Forbes Africa 30 Under 30.

    Adebayo Adeyemi2 min to read
    1 Laugh7 Eye dey here0 Talk your own

    NeoFleet Capital Secure $4 Million To Drop Moto For Taxi Drivers Across Africa & Other Markets! πŸš•πŸ”₯

    Na big flex! NeoFleet Capital don raise $4 million to finance taxi fleets in Senegal, CΓ΄te d’Ivoire, Peru, and beyond. The goal? To back professional mobility operators and build the backbone for future self-driving cars. With backing from DMTech VC and former inDrive president Mark Loughran (who’s now NeoFleet's president!), they are solving the serious "shege" of crazy vehicle costs (8% higher in Africa!) and banks refusing to loan operators money. NeoFleet says by 2027, they want 5,000 cars on the road worth up to $100 million. Opor! πŸš€

    Adebayo Adeyemi2 min to read
    0 Laugh7 Eye dey here0 Talk your own