Friday, December 24, 2021
Thursday, December 23, 2021
How Tobi Lütke led Shopify to becoming an e-commerce giant, helping ~2M merchants run stores as its market cap rose from $46B in early 2020 to $174B today (Brad Stone/Bloomberg)
How Tobi Lütke led Shopify to becoming an e-commerce giant, helping ~2M merchants run stores as its market cap rose from $46B in early 2020 to $174B today — Tobi Lütke transformed the Canadian upstart into an e-commerce giant by being the anti-Bezos. How long can the formula keep working?
A look at attempts by TikTok's biggest stars to expand onto other platforms, including Charli D'Amelio's Hulu docuseries, often with mixed results (Jon Caramanica/New York Times)
A look at attempts by TikTok's biggest stars to expand onto other platforms, including Charli D'Amelio's Hulu docuseries, often with mixed results — This year, the app's biggest stars — Charli and Dixie D'Amelio, Noah Beck, Addison Rae and others — leapt from the phone screen to other platforms …
Sources: Lina Khan is advancing an FTC investigation into AWS, started in 2019, including whether AWS discriminates against non-exclusive clients (Bloomberg)
Sources: Lina Khan is advancing an FTC investigation into AWS, started in 2019, including whether AWS discriminates against non-exclusive clients — The U.S. Federal Trade Commission is pushing forward with antitrust scrutiny of Amazon.com Inc.'s cloud computing business, according to people familiar with the matter.
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR (Laura Cooper/Wall Street Journal)
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR — The deal comes as technology-focused Vista is gearing up to raise its largest buyout fund yet — Vista Equity Partners is taking …
Intel apologizes following backlash after telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to "ensure compliance" with US law (Bloomberg)
Intel apologizes following backlash after telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law — - Brand ambassador Wang Junkai cuts ties with the U.S. chipmaker — Intel asked suppliers not to use labor, products from Xinjiang
Wednesday, December 22, 2021
HP begins manufacturing laptops, multiple PC products in India
India says it expects domestic chip production to start in the next 2-3 years; its $10B semiconductor incentive scheme begins taking applications on January 1 (Shruti Srivastava/Bloomberg)
India says it expects domestic chip production to start in the next 2-3 years; its $10B semiconductor incentive scheme begins taking applications on January 1 — - Government to accept applications from chipmakers from Jan. 1 — India currently imports 100% of its chip requirements
Chinese state media says regulators suspended an info-sharing partnership with Alibaba Cloud over accusations it failed to promptly report a Log4j vulnerability (Reuters)
Chinese state media says regulators suspended an info-sharing partnership with Alibaba Cloud over accusations it failed to promptly report a Log4j vulnerability — Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing …
Intel faces criticism in China after asking suppliers not to use Xinjiang labor or products, with a Weibo hashtag on the topic drawing over 250M views (Bloomberg)
Intel faces criticism in China after asking suppliers not to use Xinjiang labor or products, with a Weibo hashtag on the topic drawing over 250M views — - Chipmaker says it doesn't use labor or supplies from Xinjiang — Western nations have accused China of forced labor in region
Tuesday, December 21, 2021
Apple supplier Foxconn plant in Chennai shuts down temporarily after protests over food poisoning
China Mobile plans to raise up to $8.8B in its Shanghai IPO, selling shares for around $9, one year after being delisted from the NYSE (P.R. Venkat/Wall Street Journal)
China Mobile plans to raise up to $8.8B in its Shanghai IPO, selling shares for around $9, one year after being delisted from the NYSE — The mobile operator's offering would be one of the largest equity fundraisings so far this year — China Mobile Ltd. is planning to raise $7.64 billion through …
Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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