Chinese loan apps under scanner: ED freezes funds worth over Rs 46 crore from payment gateway accounts

The searches were launched on September 14 at multiple premises of the accused in Delhi, Mumbai, Ghaziabad, Lucknow and Gaya. Sixteen premises of banks and payment gateways in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru in respect of an investigation related to an app-based token named HPZ and related entities were also covered, the federal agency said in a statement. https://ift.tt/gS8BZ0D

Samsung may launch the flagship Galaxy S23 series in February 2023

The company is expected to launch three new smartphones under the Samsung Galaxy S23 series which will include -- the Galaxy S23, Galaxy S23+, and the Galaxy S23 Ultra. The company seems to be on track with the early next year release window as the battery that is likely to be used for the Galaxy S23+ has already been listed in a certification database. https://ift.tt/IpW3cOq

A look at Shanghai's status as China's chip hub: SMIC and SMEE making 14nm and 90nm chips, ~$36.95B market size in 2021 or ~25% of China's total, and more (Jiaxing Li/South China Morning Post)

Jiaxing Li / South China Morning Post:
A look at Shanghai's status as China's chip hub: SMIC and SMEE making 14nm and 90nm chips, ~$36.95B market size in 2021 or ~25% of China's total, and more  —  Shanghai is styling itself as China's semiconductor highland with the city now accounting for one quarter of the country's semiconductor value output …

How signing documents may get easier during Microsoft Teams meetings

According to Windows Central, the application lets users add a document to a meeting for attendees to sign, such as a purchase agreement, invoice, or NDA. https://ift.tt/vMfFeLh

Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others (Tom Matsuda/The Block)

Tom Matsuda / The Block:
Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others  —  - Former Citadel Securities execs Leonard Lancia and Alex Casimo have raised $50 million as they launch crypto market maker Portofino Technologies.

upGrad acquires Centum Learning to upskill enterprise workforce

Online higher education platform upGrad said it has acquired corporate training solutions provider Centum Learning in a share swap deal. The company did not disclose the deal size. https://ift.tt/LeUuyEm

PlayStation VR2 hands-on: easy to set up, a joy to use, the OLED display looks great, refreshed Sense controllers are an improvement, gameplay is fun, and more (The Verge)

The Verge:
PlayStation VR2 hands-on: easy to set up, a joy to use, the OLED display looks great, refreshed Sense controllers are an improvement, gameplay is fun, and more  —  And it's pretty good … Sony's PlayStation VR2 may not be coming out until next year, but after months of drip-feeding news …

Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M (Todd Spangler/Variety)

Todd Spangler / Variety:
Denmark-based Podimo, a subscription service for podcasts and audiobooks, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to €162M  —  Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million …

Sources: after its funds performed poorly, SoftBank considers launching a third Vision Fund; Vision Fund 2 is now worth 19% less than the $49B invested (Wall Street Journal)

Wall Street Journal:
Sources: after its funds performed poorly, SoftBank considers launching a third Vision Fund; Vision Fund 2 is now worth 19% less than the $49B invested  —  Despite massive losses, Japanese billionaire Masayoshi Son has tried to chart a new path for the tech investment giant

Amazon Kickstarter deals: Smart ACs you can buy under Rs 35,000

https://ift.tt/ShXHAYi

In delayed audited financial statements, Byju's reports ~$305.6M revenue in FY2021 and a ~$577.4M loss, up from ~$32.9M in FY20, missing its own projections (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
In delayed audited financial statements, Byju's reports ~$305.6M revenue in FY2021 and a ~$577.4M loss, up from ~$32.9M in FY20, missing its own projections  —  Byju's clocked a revenue of $305.6 million in the financial year that ended in March 2021, below its own projections …

A look at Alibaba's global expansion strategy centered on Sialkot, Pakistan, home to the highest concentration of paid sellers on the company's B2B platform (Rest of World)

Rest of World:
A look at Alibaba's global expansion strategy centered on Sialkot, Pakistan, home to the highest concentration of paid sellers on the company's B2B platform  —  Sialkot, which has become Pakistan's export hub in recent years, is home to one of the largest concentrations of sellers on the Chinese e-commerce site.

Patreon cuts ~17% of its staff, or 80 positions, and closes offices in Dublin and Berlin; the company raised $155M in April 2021 at a $4B valuation (Amanda Silberling/TechCrunch)

Amanda Silberling / TechCrunch:
Patreon cuts ~17% of its staff, or 80 positions, and closes offices in Dublin and Berlin; the company raised $155M in April 2021 at a $4B valuation  —  The creator subscription company Patreon is the latest company to be affected by a long line of tech layoffs.

Oppo K10x listed on Geekbench, to launch in China soon

The model approved by Geekbench had 12GB of RAM, yet the handset is rumoured to offer multiple storage and RAM options. On the performance front, the Oppo K10x scored 3231 on the single-core test and 8120 on the multi-core test of Geekbench. The listing doesn’t reveal any more details except that the upcoming device will boot on Android 12. https://ift.tt/yFMg4jK

Seeking to combat the FTC's 2020 antitrust lawsuit, Meta subpoenas 132+ companies, including Snap, ByteDance, and Clubhouse, drawing rebukes over sensitive data (Bloomberg)

Bloomberg:
Seeking to combat the FTC's 2020 antitrust lawsuit, Meta subpoenas 132+ companies, including Snap, ByteDance, and Clubhouse, drawing rebukes over sensitive data  —  To defend itself against the federal government, Meta Platforms Inc. says it needs its rivals to divulge some of their most closely held secrets.