Leo Schwartz / Fortune: Georgia-based Bakkt, which offers trading and custodial services, acquires infrastructure provider Apex Crypto for ~$155M, split $55M in cash and $100M in stock  —  New York-based Bakkt announced on Monday that it received regulatory approval to acquire trading infrastructure provider Apex Crypto … Lees verder op Tech Meme

New York Times: China opening its Micron investigation marks the most significant retaliation against US chip sanctions yet and undermines Beijing’s open-for-business messaging  —  Beijing’s security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses. Lees verder op Tech Meme

Lyllah Ledesma / CoinDesk: Kaiko: Binance’s market share fell from 70% to 54% in two weeks, the lowest since November 5, after the CFTC lawsuit and the company ended some zero-fee trading  —  The exchange’s share of trading volume has dropped to 54% from 70% over the past two weeks.  —  Binance remains … Lees verder op Tech Meme

Tom Bristow / Politico: The UK ICO fines TikTok £12.7M for failing to protect kids’ data, saying the app “should have done better”, down from a £27M fine proposed in September 2022  —  The ICO estimates that 1.4 million children in the UK were on TikTok in 2020. Lees verder op Tech Meme

Sam Kim / Bloomberg: SEMI data: Japan is expected to spend $7B on chipmaking equipment in 2024, up 82% on 2023, the largest in the world; China’s spending is forecast to rise 2% YoY  —  Japan is poised to sharply raise its chip-gear spending in an attempt to boost its position in the global semiconductor market … Lees verder op Tech Meme

Brandy Betz / CoinDesk: Vancouver-based Web3 messaging protocol developer LayerZero Labs raised a $120M Series B at a $3B valuation, up from $1B in its $135M Series A+ in March 2022  —  The valuation is triple the level of the firm’s previous funding round in March 2022.  —  Join the most important conversation … Lees verder op Tech Meme