Wednesday, October 12, 2022

Japanese fabless SoC design company Socionext closes up 15.07% in its IPO debut, valuing it at ~$960M, in Tokyo's biggest offering so far in 2022 (Sam Byford/Reuters)

Sam Byford / Reuters:
Japanese fabless SoC design company Socionext closes up 15.07% in its IPO debut, valuing it at ~$960M, in Tokyo's biggest offering so far in 2022  —  Making its market debut on Wednesday, Japan's Socionext Inc (6526.T) bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far.



Blockchain web search startup nxyz, founded by ex-Google executive Sridhar Ramaswamy, raised a $40M Series A in May led by Paradigm; Ramaswamy also runs Neeva (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Blockchain web search startup nxyz, founded by ex-Google executive Sridhar Ramaswamy, raised a $40M Series A in May led by Paradigm; Ramaswamy also runs Neeva  —  - Sridhar Ramaswamy, who led Google's advertising business from 2013 to 2018, has launched a Web3 company called nxyz.



Ukraine seeks more Western air defence help, NATO tightens security

Ukrainian President Volodymyr Zelenskiy continued his appeals to leaders of the Group of Seven nations for more air defence capabilities as the G7 vowed to support Kyiv for "as long as it takes." https://ift.tt/FZEWp8X

The UK's CMA details its concerns with Microsoft's Activision acquisition, including withholding games from rivals; Microsoft argues Sony is the dominant player (Christopher Dring/GamesIndustry.biz)

Christopher Dring / GamesIndustry.biz:
The UK's CMA details its concerns with Microsoft's Activision acquisition, including withholding games from rivals; Microsoft argues Sony is the dominant player  —  The CMA expects the deal to impact PlayStation and game streaming  —  The Competition and Markets Authority has detailed …



The US NLRB rules that Amazon must negotiate with the Amazon Labor Union, which represents ~5K workers at its Staten Island warehouse; Amazon plans to appeal (Greg Bensinger/Reuters)

Greg Bensinger / Reuters : The US NLRB rules that Amazon must negotiate with the Amazon Labor Union, which represents ~5K workers at its ...