London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
London-based Global Processing Services, which offers APIs for payments and other financial services, raises $300M from Advent International and Viking Global  —  Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built …

Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government (Nikkei Asia)

Nikkei Asia:
Sources: TSMC and Sony are planning a semiconductor factory in Japan, opening in 2024 and costing ~$7B, half of which will come from the Japanese government  —  Toyota group parts maker Denso considers signing up  —  TOKYO — Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker …

Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18% (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Research: China's bitcoin hashrate share fell from 44% to 0% between May and July, as the US rose from 17% in April to 35% in August and Kazakhstan rose to 18%  —  Crackdown on digital currencies knocks country's share of crypto production to zero  —  The US overtook China as the world's biggest source …

Realme partners Khy Electronics for local production of smartwatches, TWS in India

Smartphone major Realme on Tuesday said it has partnered with Khy electronics to manufacture a diverse range of AIOT products and accessories in India. The products that will be made locally include Realme Watch 2 Pro, Realme Buds Wireless, and Realme 4K Smart TV Google Stick. https://ift.tt/3oWAL4G

Volvo Trucks says launches world's first fossil-free steel vehicle

Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world's first vehicles made of fossil-free steel. https://ift.tt/3mSqsvS

Deals of the day in Amazon sale: Samsung smartphone, Lenovo laptop, OnePlus smart TV and more

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