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Sources: the Biden admin is considering blacklisting a number of Chinese chip firms linked to Huawei, after the company used an advanced 7nm chip in Mate 60 Pro (Mackenzie Hawkins/Bloomberg) 20-03-2024

Mackenzie Hawkins / Bloomberg: Sources: the Biden admin is considering blacklisting a number of Chinese chip firms linked to Huawei, after the company used an advanced 7nm chip in Mate 60 Pro  —  – Huawei last year revealed an advanced 7-nm chip in a new phone  — Raimondo has vowed ‘strongest’ action to protect US security Lees verder op Tech Meme

Sources: Canada and the UAE have lobbied leading European and UK AI startups, including Aleph Alpha, Synthesia, and Stability AI, to move their headquarters (Financial Times) 20-03-2024

Financial Times: Sources: Canada and the UAE have lobbied leading European and UK AI startups, including Aleph Alpha, Synthesia, and Stability AI, to move their headquarters  —  Canada and UAE lobby companies amid global competition over developing cutting-edge technology  —  Leading European … Lees verder op Tech Meme

Trend Micro researchers detail Earth Krahang, a China-linked APT campaign that is potentially linked to I-Soon and has breached 70 organizations in 23 countries (Bill Toulas/BleepingComputer) 20-03-2024

Bill Toulas / BleepingComputer: Trend Micro researchers detail Earth Krahang, a China-linked APT campaign that is potentially linked to I-Soon and has breached 70 organizations in 23 countries  —  A sophisticated hacking campaign attributed to a Chinese Advanced Persistent Threat (APT) group known as ‘Earth Krahang … Lees verder op Tech Meme

Analysts warn that welcoming TikTok, Temu, and Shein to Ireland's low-tax jurisdiction could backfire, as the country tries to reduce reliance on US tech giants (Clothilde Goujard/Politico) 20-03-2024

Clothilde Goujard / Politico: Analysts warn that welcoming TikTok, Temu, and Shein to Ireland’s low-tax jurisdiction could backfire, as the country tries to reduce reliance on US tech giants  —  Analysts warn that welcoming TikTok, Temu and Shein to Dublin’s low-tax tech paradise could backfire.  —  DUBLIN — Maybe they didn’t get the notification. Lees verder op Tech Meme

Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+ (Cate Lawrence/Tech.eu) 20-03-2024

Cate Lawrence / Tech.eu: Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs. Lees verder op Tech Meme

GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok's acquisition of a ~75% stake in GoTo's Tokopedia, on a net revenue of ~$933.6M (Nana Shibata/Nikkei Asia) 20-03-2024

Nana Shibata / Nikkei Asia: GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M  —  Superapp and ride-sharing company expects EBITDA breakeven this year  —  Indonesian superapp provider GoTo’s stock price … Lees verder op Tech Meme

Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR (Eduard Kovacs/SecurityWeek) 20-03-2024

Eduard Kovacs / SecurityWeek: Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR  —  Data security firm BigID raises $60 million in a growth round that brings the total to $320 million and values the company at over $1 billion. Lees verder op Tech Meme

Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+ (Cate Lawrence/Tech.eu) 20-03-2024

Cate Lawrence / Tech.eu: Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs. Lees verder op Tech Meme

Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters) 20-03-2024

Rishabh Jaiswal / Reuters: Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation  —  Chip firm Astera Labs (IPO-ASTB.O) on Tuesday set the pricing of its initial public offering (IPO) of 19.8 million shares at $36 apiece, aiming to raise around $712.8 million. Lees verder op Tech Meme