Cagan Koc / Bloomberg: Dutch media reports that a former ASML employee in China accused of stealing data went to work for Huawei in 2022; it’s unclear if they still work for Huawei  —  – ASML accused the former employee of stealing technical data  — US seeks to prevent China from accessing some chip tech Lees verder op Tech Meme

Byron Kaye / Reuters: Microsoft plans to spend ~$3.2B to expand its AI and cloud abilities in Australia over two years to boost compute capacity by 250%, and train 300K Australians  —  Microsoft (MSFT.O) said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) … Lees verder op Tech Meme

Samrhitha Arunasalam / Reuters: EngageSmart says Vista Equity Partners plans to take the payments software vendor private for ~$4B, or $23/share; EngageSmart raised $378M in its 2021 NYSE IPO  —  Payments software vendor EngageSmart (ESMT.N) said on Monday it would be taken private by Vista Equity Partners for about $4 billion … Lees verder op Tech Meme

Ionut Ilascu / BleepingComputer: Cisco releases patches for two zero-day flaws that hackers exploited in 50K+ IOS XE devices; researchers say that hacked hosts recently dropped from ~60K to ~1K  —  Cisco has addressed the two vulnerabilities (CVE-2023-20198 and CVE-2023-20273) that hackers exploited to compromise tens of thousands of IOS XE devices over the past week. Lees verder op Tech Meme

Bloomberg: Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales  —  – Adyen shares halved since its semi-annual earnings report  — Co-CEO Pieter van der Does’ stake is worth about €620 million Lees verder op Tech Meme