A look at Australia's maturing tech sector, which faces challenges like a shortage of late-stage capital and a scarcity of executives with scaling experience — The country has punched above its weight on a global scale for years. Can it attract the funding and talent, and become inclusive enough, to play at the top?
IVC: Israeli startups raised ~$1.5B in Q4 2023, down 15% QoQ, despite increased foreign investor participation, and ~$7B in all of 2023, vs. nearly $16B in 2022 — Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday …
Huawei says its full-year sales for 2023 would be more than $99B, up 9% YoY but down 20% from 2020 peak; Chairman Ken Hu says “we're pretty much back on track” — Sanctions-hit telecoms group records highest revenues in three years but still below 2020 levels
JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as “choosing one from two” — Chinese online retailer JD.com (9618.HK) said on Friday that it won a lawsuit against rival Alibaba (9988.HK) …
Financial Intelligence Unit India (FIU IND) issues compliance Show Cause Notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) — FIU IND writes to Ministry of Electronics and Information Technology to block URLs of the nine entities operating illegally without complying with the provisions of PML Act in India
Affirm stock grew 430% in 2023, outperforming all US tech companies worth $5B+ and rebounding from 2022's 90% fall, thanks to partnerships with Amazon, others — - Affirm shares have skyrocketed more than 400% this year, outperforming all U.S. tech companies worth $5 billion or more.
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
