Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China — A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China's top chipmaker during its $9 billion bailout …
Truecaller launches Open Doors, a Clubhouse-like app which lets users register with their phone numbers and audio chat with their contacts who have the app — If you thought of the age of companies launching real-time audio chat apps, you're wrong. Swedish caller identification service Truecaller …
Sources: Unity to merge with app monetization service Ironsource, valued at $5B in the merger after going public in 2021 via a SPAC merger at a $11.7B valuation — Both companies have seen their share price plummet this year and have decided to join forces, “Calcalist” …
Kontent, whose headless CMS powers over 2K websites, apps and e-commerce stores, has raised $40M from Expedition Growth Capital — Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million from Expedition Growth Capital as part of a growth capital infusion.
Twitter says roughly 1.5B tweets about gaming were made on its site in H1 2022, up 36% YoY; Genshin Impact and Wordle were the most tweeted-about games — Roughly 1.5 billion tweets about gaming were made on Twitter in the first half of 2022. That's ‘billion’ with a ‘b’.
TikTok unveils Content Levels, a system to classify content, similar to age ratings in films, and plans to let users block videos with certain words or hashtags — Earlier this year, TikTok said it was developing a new system that would restrict certain types of mature content from being viewed by teen users.
Investigation finds Binance continued to serve crypto traders in Iran as recently as September 2021 despite US sanctions and a company ban on business there — The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite U.S. sanctions and a company ban …
China's antitrust watchdog punishes Tencent, Alibaba, Didi, and others with $74,600 fines for 28 unreported merger deals as far back as 2011 — Trams and cast-iron postboxes speak to the history of the city, while delicacies such as fishballs and egg waffles are street food essentials …
Germany-based Kadmos, a salary payments service for migrant workers, raises a €29M Series A led by Blossom Capital, after an €8.5M seed round in March — Companies from across the industrial spectrum often rely on a migrant workforce, with data from the International Labour Organization indicating …
Sources: Tiger Global plans to slow startup investments for two quarters and is on track to raise a new fund later this year — Tiger Global, one of the biggest winners from the technology bull market, plans to decelerate the pace of its investments in startups for two quarters …
Sources: Myanmar's junta rolls out Chinese surveillance cameras with facial recognition tech in five more cities and plans to add them to every state in Myanmar — Myanmar's junta government is installing Chinese-built cameras with facial recognition capabilities in more cities across the country …
Financial Times : A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna ...
