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)

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 …



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

The teaser posted by the company online confirms that the smartphone will have a curved screen with a centre punch-hole. The upcoming Realme 10 Pro+ smartphone is rumoured to come in two RAM and storage variants, i.e., 8GB+128GB and 128GB+256GB. https://ift.tt/7aHIQme

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...