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Tech Meme

Governor Katie Hobbs says TSMC and Arizona authorities are talking about adding advanced chip packaging capacity to the chipmaker's plants in the state (Bloomberg) 19-09-2023

Bloomberg: Governor Katie Hobbs says TSMC and Arizona authorities are talking about adding advanced chip packaging capacity to the chipmaker’s plants in the state  —  Hobbs is part of a broader US delegation visiting the island, with discussions among officials and companies focused on Taiwan’s key role in the semiconductor supply chain. Lees verder op Tech Meme

On a livestream, Elon Musk says X is “moving to having a small monthly payment for use of the X system”, as it's “the only way to combat vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Elon Musk says X is “moving to having a small monthly payment for use of the X system”, as it’s “the only way to combat vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke in a livestream … Lees verder op Tech Meme

Filing: FTX sues SBF's parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds” (Amitoj Singh/CoinDesk) 19-09-2023

Amitoj Singh / CoinDesk: Filing: FTX sues SBF’s parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds”  —  The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents. Lees verder op Tech Meme

The New York DFS revamps its virtual currency oversight regime and removes two dozen tokens from its “greenlist”, including Ripple, Dogecoin, and Litecoin (Leo Schwartz/Fortune) 19-09-2023

Leo Schwartz / Fortune: The New York DFS revamps its virtual currency oversight regime and removes two dozen tokens from its “greenlist”, including Ripple, Dogecoin, and Litecoin  —  On Monday, the New York Department of Financial Services announced an update to its virtual currency oversight regime … Lees verder op Tech Meme

Blockchain Capital raised a total of $580M for two separate VC funds and says the focus of the new funds will be on sectors including DeFi and blockchain gaming (Jacquelyn Melinek/TechCrunch) 19-09-2023

Jacquelyn Melinek / TechCrunch: Blockchain Capital raised a total of $580M for two separate VC funds and says the focus of the new funds will be on sectors including DeFi and blockchain gaming  —  The crypto bear market may be ongoing, but Blockchain Capital is still going big.  It closed two new funds for a total of $580 million … Lees verder op Tech Meme

On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it's the “only way” to combat the “vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it’s the “only way” to combat the “vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke … Lees verder op Tech Meme

A US federal judge rejects SEC's request to inspect Binance.US' technological infrastructure, and to force the company to share other requested information (Sabrina Willmer/Bloomberg) 19-09-2023

Sabrina Willmer / Bloomberg: A US federal judge rejects SEC’s request to inspect Binance.US’ technological infrastructure, and to force the company to share other requested information  —  – Regulator says it is not getting enough access in lawsuit  — Magistrate judge didn’t grant expedited discovery request Lees verder op Tech Meme

A group of 18 state AGs backs Montana's effort to ban TikTok, urging a US judge to reject legal challenges ahead of the January 1, 2024, effective date (David Shepardson/Reuters) 19-09-2023

David Shepardson / Reuters: A group of 18 state AGs backs Montana’s effort to ban TikTok, urging a US judge to reject legal challenges ahead of the January 1, 2024, effective date  —  A group of 18 state attorneys general said on Monday they backed Montana’s effort to ban Chinese-owned short video app TikTok … Lees verder op Tech Meme

Location and mapping platform Mapbox raised $280M led by SoftBank, sources say at a ~$1.3B pre-money valuation; PitchBook: Mapbox had previously raised $360M (Leo Lewis/Financial Times) 19-09-2023

Leo Lewis / Financial Times: Location and mapping platform Mapbox raised $280M led by SoftBank, sources say at a ~$1.3B pre-money valuation; PitchBook: Mapbox had previously raised $360M  —  Son’s decision to back US mapping company in $280mn investment round comes in wake of Arm listing Lees verder op Tech Meme

Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021 (Ari Levy/CNBC) 19-09-2023

Ari Levy / CNBC: Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021  —  – Instacart priced its IPO at $30 a share on Monday, at the top end of the expected range of $28 to $30. Lees verder op Tech Meme