March 15, 20230CommentsSamsung Electronics plans to invest ~$230B through 2042 in South Korea to build one of the world’s largest chipmaking bases, including five chip factories (Reuters)
March 15, 20230CommentsSources: Abu Dhabi-based G42 acquired a $100M+ stake in ByteDance at a ~$220B valuation, down from $300B set in a recent buyback, as the US weighs a TikTok ban (Bloomberg)
March 15, 20230CommentsInterviews with 20 people detail the Biden administration’s response to SVB’s collapse, amid lobbying from tech execs and investors to protect all depositors (Washington Post)
March 15, 20230CommentsTwo US members of the ViLE cybercriminal group have been charged for a May 2022 hack into a DEA portal that taps into 16 federal law enforcement databases (Brian Krebs/Krebs on Security)
March 15, 20230CommentsBengaluru-based HealthPlix, which offers health records software for doctors, raised a $22M Series A, $20M in equity and $2M in debt, co-led by Avataar and SIG (Jagmeet Singh/TechCrunch)
March 15, 20230CommentsAfter the ALPHV ransomware group claimed to have hit Amazon’s Ring, the company says it was not breached but a third-party vendor has been hit with ransomware (Joseph Cox/VICE)
March 15, 20230CommentsZürich-based Verity, which offers autonomous inventory management drones to logistics providers, retailers, and manufacturers, has raised a $32M Series B (Dan Taylor/Tech.eu)
March 15, 20230CommentsGoogle raises Workspace monthly pricing by 20% to $7.20 for Starter, $14.40 for Standard, and $21.60 for Plus business plans for new users (Abner Li/9to5Google)
March 15, 20230CommentsTilia, a payment platform for game publishers and metaverse projects, has raised $22M since spinning off from Linden Lab, the creator of Second Life, in 2022 (Kate Park/TechCrunch)
March 15, 20230CommentsJust Eat Takeaway plans to file for deregistration of its securities from the US SEC due to low trading volume and high costs, as the CEO of Grubhub exits (Silicon Canals)
March 15, 20230CommentsSources: Spotify HiFi as a premium tier was ready to launch over a year ago, but Apple’s decision to offer lossless audio at no extra charge spoiled its plans (The Verge)