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Research: UK startups raised $4.9B in Q3, with 37% coming from US VCs, taking total 2023 funding to ~$15B, or about the same as France and Germany combined (Irina Anghel/Bloomberg) 25-10-2023

Irina Anghel / Bloomberg: Research: UK startups raised $4.9B in Q3, with 37% coming from US VCs, taking total 2023 funding to ~$15B, or about the same as France and Germany combined  —  UK startups have attracted $4.9 billion in investment in the third quarter in part thanks to US backers, allowing Britain to maintain … Lees verder op Tech Meme

Texas Instruments reports Q3 revenue down 14% YoY to $4.53B, vs. $4.58B est., and forecasts Q4 revenue and profit below estimates as industrial demand worsens (Chavi Mehta/Reuters) 25-10-2023

Chavi Mehta / Reuters: Texas Instruments reports Q3 revenue down 14% YoY to $4.53B, vs. $4.58B est., and forecasts Q4 revenue and profit below estimates as industrial demand worsens  —  Texas Instruments (TXN.O) on Tuesday forecast fourth-quarter revenue and profit below estimates, as the analog chipmaker was forced … Lees verder op Tech Meme

China says its Foxconn probe is “normal law enforcement” activity and urges Taiwanese firms to “play a more active role” in promoting peaceful cross-strait ties (Bloomberg) 25-10-2023

Bloomberg: China says its Foxconn probe is “normal law enforcement” activity and urges Taiwanese firms to “play a more active role” in promoting peaceful cross-strait ties  —  – Beijing makes its first comment on inquiry into Apple partner  — China denies it is intervening in Taiwan’s presidential race Lees verder op Tech Meme

AWS plans to launch a sovereign cloud in Europe for governments and customers in regulated industries, storing data on EU servers and first available in Germany (Supantha Mukherjee/Reuters) 25-10-2023

Supantha Mukherjee / Reuters: AWS plans to launch a sovereign cloud in Europe for governments and customers in regulated industries, storing data on EU servers and first available in Germany  —  Amazon (AMZN.O) Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries. Lees verder op Tech Meme

Bankruptcy hearing: FTX is considering proposals from three bidders to restart trading, without disclosing the names, and will make a decision by mid-December (Steven Church/Bloomberg) 25-10-2023

Steven Church / Bloomberg: Bankruptcy hearing: FTX is considering proposals from three bidders to restart trading, without disclosing the names, and will make a decision by mid-December  —  – Bankrupt firm expected to decide fate of exchange in December  — Before it failed, FTX ran one of the biggest trading platforms Lees verder op Tech Meme

The Israel-Hamas and Ukraine wars are fueling graphic videos online, reaching a global audience, sometimes as propaganda, and potentially causing more trauma (Drew Harwell/Washington Post) 25-10-2023

Drew Harwell / Washington Post: The Israel-Hamas and Ukraine wars are fueling graphic videos online, reaching a global audience, sometimes as propaganda, and potentially causing more trauma  —  The Israel-Gaza and Ukraine wars have flooded the web with grisly content.  One researcher says, ‘It’s like there are suddenly … Lees verder op Tech Meme

Source: Indian tax authorities serve notices to online gaming companies demanding ~$12.03B in allegedly evaded taxes, after imposing a 28% gaming tax in August (Reuters) 25-10-2023

Reuters: Source: Indian tax authorities serve notices to online gaming companies demanding ~$12.03B in allegedly evaded taxes, after imposing a 28% gaming tax in August  —  Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) … Lees verder op Tech Meme