Sources: China's state-backed chipmaking company Tsinghua Unigroup has abandoned memory projects in two cities as US sanctions limit access to vital components — TAIPEI/BEIJING — China's state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push …
Sources: Amazon has abandoned its much-maligned campaign of paying warehouse employees to share positive messages on social media after embarrassing backfires — Paying warehouse workers to tweet positive comments is dropped after poor reach and embarrassing backfires
Live events service Fever raises $227M led by Goldman Sachs at a $1B+ valuation as it plans an IPO — Live events platform Fever raised $227 million in a funding round led by Goldman Sachs Group Inc., a sign that post-pandemic live events can attract investor interest.
Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding — FTX's American affiliate, FTX.US, has joined the crypto unicorn club after closing its first-ever fundraising round.
Twitter code shows it is developing Flock, which lets users create tweets for up to 150 close friends, after teasing the feature in July 2021 — Finally, a way to post nudes without your coworkers seeing them. — Twitter is developing a feature called Flock that will allow users to curate …
Sources: Nvidia is planning to abandon its Arm acquisition, as regulators scrutinize the deal; source says SoftBank is preparing an IPO for Arm — Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval …
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
