Bloomberg: The White House is watching China expand its government ban on iPhones “with concern” and says the move appears to be “aggressive and inappropriate retaliation”  —  – National Security Council is watching issue with concern  — Beijing cites problems with the security of Apple devices Lees verder op Tech Meme

Financial Times: SoftBank-backed Arm prices shares at $51 apiece ahead of IPO  —  Move values UK chip designer at more than $52bn as it prepares to begin trading on Thursday  —  Shares in UK chip designer Arm have been priced at $51 per share before trading begins on Thursday, giving the company a market valuation of $52.3bn. Lees verder op Tech Meme

Ryan Tracy / Wall Street Journal: The US Senate’s AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more  —  Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session Lees verder op Tech Meme

Dan Primack / Axios: Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023’s largest IPO so far and giving the company a fully diluted valuation of ~$54.5B  —  Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering. Lees verder op Tech Meme

Lucinda Shen / Axios: Chicago-based Kin Insurance, which uses thousands of data points to provide personalized home insurance, raised a $33M Series D extension at a $1B+ valuation  —  – Lucinda Shen, author of Axios Pro: Fintech Deals  —  Exit Content Preview  —  Nearly two years after walking away from a SPAC deal … Lees verder op Tech Meme

Ryan Tracy / Wall Street Journal: US Senate’s AI Insight Forum: Musk warns of AI risks, Zuckerberg defends open source, all guests agree the US needs to play a role in regulating AI, and more  —  Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session Lees verder op Tech Meme