Sunday, August 6, 2023

China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong (Filipe Pacheco/Bloomberg)

Filipe Pacheco / Bloomberg:
China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong  —  - Company raised nearly $3 billion through the share sale  — It is the largest listing in the Asia Pacific region this year



Twitter Blue now has a new name, here’s what it is called

Twitter Blue has been renamed X Premium as part of the company's rebranding plan. Twitter changed its official handle to @Premium, and company owner Elon Musk announced the name change while talking about ad revenue share on X. To be eligible for the share, users must meet at least four requirements, including being a premium subscriber and having at least 500 followers. X has also taken other handles from users, such as @Sports and @Music. https://ift.tt/Qnqh1ef

Shoddy self-published guidebooks, which appear to be compiled with the help of generative AI and promoted via deceptive reviews, are proliferating on Amazon (New York Times)

New York Times:
Shoddy self-published guidebooks, which appear to be compiled with the help of generative AI and promoted via deceptive reviews, are proliferating on Amazon  —  In March, as she planned for an upcoming trip to France, Amy Kolsky, an experienced international traveler who lives in Bucks County …



Indiana is converting 10,000 acres of fields into an innovation park, with the goal of transforming the state into a microchip manufacturing and research hub (New York Times)

New York Times:
Indiana is converting 10,000 acres of fields into an innovation park, with the goal of transforming the state into a microchip manufacturing and research hub  —  The state has little experience with semiconductors, but the Biden administration has promised to unleash opportunity in …



Apple acknowledges the US "smartphone market has been in a decline for the last couple of quarters"; sources: iPhone 15 sales will start around September 22 (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Apple acknowledges the US “smartphone market has been in a decline for the last couple of quarters”; sources: iPhone 15 sales will start around September 22  —  On the cusp of the iPhone 15 debut, Apple has finally admitted what has long been clear: The industry is facing a smartphone slowdown.



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...