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Flexport plans to cut ~20% of its global workforce, part of a new round of layoffs set to begin on October 13, and return to profitability by the end of 2024 (Annie Palmer/CNBC) 13-10-2023

Annie Palmer / CNBC: Flexport plans to cut ~20% of its global workforce, part of a new round of layoffs set to begin on October 13, and return to profitability by the end of 2024  —  – Supply chain software startup Flexport is laying off about 20% of its workforce, CNBC has learned. Lees verder op Tech Meme

The UK CMA approves Microsoft's ~$69B Activision acquisition, after Microsoft restructured the deal to sell some of Activision's cloud gaming rights to Ubisoft (Samuel Tolbert/Windows Central) 13-10-2023

Samuel Tolbert / Windows Central: The UK CMA approves Microsoft’s ~$69B Activision acquisition, after Microsoft restructured the deal to sell some of Activision’s cloud gaming rights to Ubisoft  —  The final roadblock has been removed.  —  What you need to know  — UK regulatory authority the CMA granted Microsoft approval to purchase Activision Blizzard. Lees verder op Tech Meme

Sources: Didi plans a 2024 Hong Kong IPO, after delisting from the NYSE in 2022, and is valued at ~$16B, down from $80B when Chinese regulators opened a probe (Bloomberg) 13-10-2023

Bloomberg: Sources: Didi plans a 2024 Hong Kong IPO, after delisting from the NYSE in 2022, and is valued at ~$16B, down from $80B when Chinese regulators opened a probe  —  – Ride-hailing pioneer has market share of about 70% in China  — Business improving in China and abroad in places like Brazil Lees verder op Tech Meme

Canon begins selling nanoimprint chip machines, which skip photolithography to impress circuit patterns on the wafer, likely avoiding trade curbs, to rival ASML (Bloomberg) 13-10-2023

Bloomberg: Canon begins selling nanoimprint chip machines, which skip photolithography to impress circuit patterns on the wafer, likely avoiding trade curbs, to rival ASML  —  – Japanese optics specialist seeks to close gap with Dutch rival  — Chipmaking machinery has been focus of US sanctions on China Lees verder op Tech Meme

Israeli tech founders and investors say that 10% to 15% of their staff are among the country's 360K reservists, a potentially unprecedented industry disruption (Ivan Levingston/Financial Times) 13-10-2023

Ivan Levingston / Financial Times: Israeli tech founders and investors say that 10% to 15% of their staff are among the country’s 360K reservists, a potentially unprecedented industry disruption  —  Israeli tech companies say up to 15% of staff called up as reservists leading to unprecedented industry disruption Lees verder op Tech Meme

Q&A with Roblox CEO David Baszucki on launching the game on PlayStation, ads that leverage a 3D experience, building an “autonomous network” for China, and more (The Verge) 13-10-2023

The Verge: Q&A with Roblox CEO David Baszucki on launching the game on PlayStation, ads that leverage a 3D experience, building an “autonomous network” for China, and more  —  AI is relatively easy, Baszucki said at Code.  Working in China?  That’s harder. Lees verder op Tech Meme