Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+; Vision Fund was Paytm's second-largest shareholder (Reuters) - TechnW3
Reviewed by
TechNW3
on
10:41
Rating:
5
Coinbase's stock has dropped 81% in 2022, taking its market cap down from $81B at its IPO to $11B, as the broader crypto market falters and investors lose faith (Sam Goldfarb/Wall Street Journal) - TechnW3
Reviewed by
TechNW3
on
10:41
Rating:
5
The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport (Financial Times) - TechnW3
Reviewed by
TechNW3
on
15:41
Rating:
5
Nvidia reports Q3 revenue down 17% YoY to $5.93B, vs. $5.77B est., including Data Center revenue up 31% YoY to $3.83B and Gaming revenue down 51% YoY to $1.57B (Kif Leswing/CNBC) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5
Sources: crypto lender BlockFi is preparing to file for bankruptcy within days; FTX US provided BlockFi with a $400M revolving credit line in July 2022 (Bloomberg) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5
Evernote agrees to be acquired by Milan-based app developer Bending Spoons, in a transaction expected to close in early 2023; Evernote has raised $290M to date (Kyle Wiggers/TechCrunch) - TechnW3
Reviewed by
TechNW3
on
12:41
Rating:
5
Linktree announces Payment Lock, which lets creators on its paid plans add a paywall and charge up to $150 for access to premium content, using PayPal or Square (Mia Sato/The Verge) - TechnW3
Reviewed by
TechNW3
on
11:41
Rating:
5
Internal meeting: Tim Cook told employees in Germany that Apple plans to start sourcing chips from a plant under construction in Arizona in 2024 (Mark Gurman/Bloomberg) - TechnW3
Reviewed by
TechNW3
on
14:41
Rating:
5
Epic Games claims 50%+ of all announced games for the PS5 and Xbox Series X and S use Unreal Engine, up from the 48% figure that CEO Tim Sweeney shared in April (Jay Peters/The Verge) - TechnW3
Reviewed by
TechNW3
on
13:41
Rating:
5
Microsoft says it will publish annual reviews of internal harassment claims and heed recommendations made by a law firm hired after reports of Gates' misconduct (Bloomberg) - TechnW3
Reviewed by
TechNW3
on
12:41
Rating:
5