Tuesday, September 5, 2023

Filing: SoftBank prices Arm's shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023 (Manya Saini/Reuters)

Manya Saini / Reuters:
Filing: SoftBank prices Arm's shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023  —  SoftBank Group's (9984.T) Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.



Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M (Globes Online)

Globes Online:
Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M  —  The investment will allow ThetaRay to capitalize on significant market demand as banks and fintech companies look to replace legacy tools …



iPhone 16 Ultra could get this Apple Vision Pro feature

Apple's upcoming iPhone Ultra, possibly the iPhone 15 Ultra, is rumored to have a "spatial photos and videos" feature that allows users to record immersive 3D content. The content can be uploaded and viewed on Apple Vision Pro. The camera setup is expected to revolutionize mobile phone photography, and it is likely that the new iPhone model will have a similar setup to the Vision Pro headset. The spatial photos and videos feature aims to provide an immersive experience with incredible depth, allowing users to relive their favorite memories. The Ultra model may be released next year. https://ift.tt/7Xw42Os

Indian telecoms giants Jio, Airtel, and Vodafone-Idea ask regulators to consider forcing internet companies to pay for network usage, echoing efforts globally (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian telecoms giants Jio, Airtel, and Vodafone-Idea ask regulators to consider forcing internet companies to pay for network usage, echoing efforts globally  —  Telecom operators in India, the second largest wireless market, would like internet companies to compensate for using their networks …



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...