The tech world was knocked a little askew when the Commerce Commission (ComCom) blocked a huge exit for local DJ software company Serato.
ComCom said the acquisition by AlphaTheta would reduce competition in their space, but many in the tech sector said the move could frighten startup founders and venture capitalists who are thinking about targeting a lucrative niche.
We're joined by tech entrepreneur Tim Warren and competition law expert Hayden Wilson, partner at Dentons Kensington Swan, who explain the block's pros and cons and what could come next for the deal.
Plus, Crowdstrike!
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Reading list
From the episode
- CrowdStrike IT Outage Explained by a Windows Developer - Dave’s Garage
- Windows/CrowdStrike Outage: The Most Important Lesson - Counter Punch
- CrowdStrike says flawed update was live for 78 minutes - Cybersecurity Dive
- Administrators have update lessons to learn from the CrowdStrike outage - The Register
- ComCom declines clearance for Serato deal - BusinessDesk
- Serato considering all options after ComCom blocked sale - BusinessDesk
- Serato and AlphaTheta have 'abandoned' deal: UK regulator - BusinessDesk
From around the web
- Bad actors seizing on Microsoft IT outage to scam public, Clare O’Neil warns - The Guardian
- AI report warns of barrier to ‘realising benefits’ from the revolutionary technology - The Post
- Open banking is getting closer: What you need to know - Diana Clement - NZ Herald
- Mark Zuckerberg: Open Source AI Is the Path Forward - Meta
- Apple Reportedly Working on Foldable iPhone With Similar Design as Samsung's Galaxy Z Flip - MacRumors
- Google’s Aborted Deals Show Antitrust’s Long Shadow Over Tech - Bloomberg
