Financial Times: Thoma Bravo closed a €1.8B fund for European software deals, after opening a London office in 2023; the US PE firm has deployed €14B in Europe since 2010  —  Private equity investor’s partner says the region’s market ‘isn’t as crowded as in the US’ Lees verder op Tech Meme

Financial Times: Sources: Huawei has increased its AI chip yield to nearly 40%, up from 20% about a year ago, meaning its Ascend chips are now profitable for the first time  —  Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advances Lees verder op Tech Meme

Bloomberg: Sources: Italy wants to replace STMicro CEO Jean-Marc Chéry for poor performance, as the Franco-Italian chipmaker struggles to navigate a slump in chip demand  —  Italy’s government wants to replace Jean-Marc Chéry, the man at the helm of Franco-Italian chipmaking joint-venture STMicroelectronics NV, for poor performance. Lees verder op Tech Meme

Carly Page / TechCrunch: Employee screening company DISA confirms a data breach in February 2024, found in April 2024, affecting 3.3M+ people and including Social Security numbers  —  DISA Global Solutions, a U.S.-based provider of employee screening services, has said it suffered a data breach that affects more than 3.3 million people. Lees verder op Tech Meme

Vlad Savov / Bloomberg: Baidu acquires the YY Live streaming platform from Joyy for $2.1B, completing a deal started in 2020; a previous $3.6B deal was rejected by Chinese regulators  —  The operator of China’s leading search engine is paying roughly $2.1 billion for YY Live, it said in a statement on Tuesday. Lees verder op Tech Meme