Wednesday, October 20, 2021

UK's CMA fines Facebook £50.5M for breaching an order imposed during its ongoing Giphy acquisition investigation, saying Facebook refused to report information (Naman Ramachandran/Variety)

Naman Ramachandran / Variety:
UK's CMA fines Facebook £50.5M for breaching an order imposed during its ongoing Giphy acquisition investigation, saying Facebook refused to report information  —  Social media giant Facebook has been fined £50.5 million ($69.1 million) for breaching an order imposed …



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...