Monday, October 2, 2023

Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable (Reuters)

Reuters:
Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable  —  Singapore's Vertex Technology Acquisition Corp (VTAC) (VERT.SI) will buy live streaming platform 17LIVE Inc for up to S$925.1 million …



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...