Sources: Merck's bid for Japanese chip materials maker JSR, not disclosed to JSR shareholders, triggered a $6.4B offer by a state-backed fund in June 2023 — Japan Investment Corporation's $6.4bn offer for JSR comes as governments seek to protect semiconductor technology
Retiring generals and departing top Pentagon officials are increasingly flocking to VC firms that have pumped billions into defense tech startups like Anduril — Retired officers and departing defense officials are flocking to investment firms that are pushing the government to provide more money to defense-technology startups.
Sources: ASML canceled shipments of some machines to China at the request of the US, weeks before export bans on the chipmaking equipment came into effect — - ASML canceled shipments of a liminted number of devices — Biden is cracking down on Beijing's semiconductor industry
A look at the challenges faced by Apple's $85B/year services business, as the company faces key US court cases and prepares to allow app sideloading in the EU — Landmark EU regulation and crucial US court cases due in 2024 will test the tech company — Apple faces a legal reckoning in 2024 …
A profile of Mario and Zelda creator Shigeru Miyamoto, who joined Nintendo in the 1970s and says he has no plans to retire as game director at the company — Few people have influenced global pop culture as much as the creator of Mario and Zelda, widely considered the father of modern gaming.
Filing: Baidu's $3.6B deal to buy Joyy's Chinese livestreaming business YY Live, announced in 2020, expires as China regulators didn't approve it by December 31 — - Tech industry's focus has turned to generative AI now … The Beijing-based company said its $3.6 billion deal for Joyy's YY Live …
A profile of Alexander Reben, who will become OpenAI's first artist in residence for three months starting January 2024, amid a debate over the use of AI in art — Alexander Reben is taking his tech-savvy perspective to OpenAI, a company that some in the art world believe is a threat to their future.
The lawsuits against AI companies could shape the future of copyright or may simply serve as leverage for plaintiffs to secure more favorable licensing deals — The use of content from news and information providers to train artificial intelligence systems may force a reassessment of where to draw legal lines.
The scale of layoffs in the gaming industry in 2023 was far beyond a typical year, with an estimated 9,000+ workers losing their jobs globally — Layoffs are an unfortunate reality of any industry, but the scope and scale of video game layoffs in 2023 are far beyond a typical year.
With its emphasis on user privacy, Apple is one of the few tech companies that can develop new AI data usage paradigms, setting much-needed industry standards — Apple has carved out a prestigious position in the consumer tech market through sleek designs, user-friendly interfaces, and a robust ecosystem.
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise — The bank now lists Ant's Alipay as a firm without an actual controller. — Ma, co-founder of Alibaba Group Holding Ltd. …
How Figma is adding AI into its products, including launching FigJam AI in public beta in November to help improve meetings with summaries, next steps, and more — By now, we've all heard the worries about artificial intelligence replacing workers and laying siege to entire industries (if not the world at large).
A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience — The country has punched above its weight on a global scale for years. Can it attract the funding and talent, and become inclusive enough, to play at the top?
IVC: Israeli startups raised ~$1.5B in Q4 2023, down 15% QoQ, despite increased foreign investor participation, and ~$7B in all of 2023, vs. nearly $16B in 2022 — Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday …
Huawei says its full-year sales for 2023 would be more than $99B, up 9% YoY but down 20% from 2020 peak; Chairman Ken Hu says “we're pretty much back on track” — Sanctions-hit telecoms group records highest revenues in three years but still below 2020 levels
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
