Bloomberg:
Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta's second-largest IPO in 2022, after GoTo's $1.1B April IPO — PT Global Digital Niaga, the owner of Indonesia's e-commerce group Blibli, ended its first day of trade unchanged …
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Tuesday, November 8, 2022
Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta's second-largest IPO in 2022, after GoTo's $1.1B April IPO (Bloomberg)
Greece's Prime Minister Kyriakos Mitsotakis plans to ban selling spyware after his government was accused of surveillance, resulting in a judicial investigation (New York Times)
New York Times:
Greece's Prime Minister Kyriakos Mitsotakis plans to ban selling spyware after his government was accused of surveillance, resulting in a judicial investigation — Prime Minister Kyriakos Mitsotakis announced the ban after a news report claimed that he had directed the use of spyware …
FTX's FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+ (Sam Reynolds/CoinDesk)
Sam Reynolds / CoinDesk:
FTX's FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+ — FTT has declined nearly 20% over the course of an hour, with Solana's SOL down 17% and Serum's SRM off 10%.
Take-Two reports Q2 bookings up 53% YoY to $1.5B, below $1.55B estimates, and revises FY 2023 bookings down to $5.5B; stock drops 17%+ (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg:
Take-Two reports Q2 bookings up 53% YoY to $1.5B, below $1.55B estimates, and revises FY 2023 bookings down to $5.5B; stock drops 17%+ — Take-Two Interactive Software Inc. reduced its annual forecast for net bookings in the wake of an industrywide spending slowdown, particularly in mobile gaming.
Monday, November 7, 2022
Realme 10 Pro+ set to launch in China on November 17
Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50% (Paul Sawers/TechCrunch)
Paul Sawers / TechCrunch:
Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50% — Unity's proposed merger with IronSource has formally concluded, with the two companies coming together to create an end …
Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)
Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...