Sources: Intel scales back expectations for its Mobileye IPO, targeting a $30B valuation, down from a reported $50B, and could delay the listing until 2023 — Intel Corp. is scaling back expectations for its Mobileye initial public offering in the face of a broader stock slump and could delay …
North Carolina-based Diveplane, which helps create synthetic data to train AI systems and find anomalies, raised a $25M Series A led by Shield Capital — In 2017, three entrepreneurs — Chris Hazard, Mike Resnick and Mike Capps — came together to launch a platform for building AI …
Analysis: Amazon is projected to spend ~$15B on programming including sports in 2022, ahead of Netflix's $13.6B, Disney+'s $9.5B, and Apple's $6B — Good afternoon from Los Angeles. I am headed to Singapore and Seoul at the end of the month. If there is anyone I should meet while I am there …
Binance-linked crypto exchange WazirX says India's Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5 — The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.
Sources: Biden admin plans more curbs on US shipments to China of chipmaking tools and chips for AI, affecting Lam Research, Applied Materials, KLA Corp, others — The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence …
A look at the increasing efforts of device manufacturers, telecom companies, and satellite operators to connect smartphones to satellites in remote locations — Years of preparation helped tech giant, but other phone makers, wireless carriers and aerospace companies have similar ambitions
Report: ransomware gangs are using intermittent encryption, where files are partly encrypted, to evade detection tools looking for intense file I/O operations — A growing number of ransomware groups are adopting a new tactic that helps them encrypt their victims' systems faster while reducing …
Researchers discover a new strain of Linux malware called Shikitega that infects servers and IoT devices with stealth and sophistication, making detection tough — With polymorphic encoding and a multistage infection chain, Shikitega is hard to detect. — Researchers this week unveiled …
Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai — Singapore-based Sea Ltd's (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile …
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
