Wednesday, July 13, 2022

Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China (Bloomberg)

Bloomberg:
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 (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
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 (Golan Hazani/CTech)

Golan Hazani / CTech:
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 (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
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 (Erron Kelly/VentureBeat)

Erron Kelly / VentureBeat:
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’.



OpenAI unveils policy proposals for a world with superintelligence: higher capital gains taxes, a public AI investment fund, strengthened safety nets, and more (Amrith Ramkumar/Wall Street Journal)

Amrith Ramkumar / Wall Street Journal : OpenAI unveils policy proposals for a world with superintelligence: higher capital gains taxes, a...