Manish Singh / TechCrunch: Paytm founder Vijay Shekhar Sharma plans to buy a 10.3% stake in Paytm from Ant without using cash, apparently to cut Paytm’s exposure to Ant; PAYTM jumps 5%+  —  Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to acquire a 10.30% stake … Lees verder op Tech Meme

Guy Chazan / Financial Times: Germany’s “Silicon Saxony”, where TSMC is widely expected to build a European fab, may be undermined by few local workers and rising anti-immigration movements  —  Industry concerned rise of anti-immigration movements in state of Saxony will hinder efforts to attract foreign talent Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: India’s lower house of parliament passes a revised Digital Personal Data Protection Bill despite pushback from critics, who worry about granting Modi more power  —  India’s lower house of parliament greenlit the revised data privacy legislation presented the previous week … Lees verder op Tech Meme

Yuri Kageyama / Associated Press: Toshiba announces a ~$14B tender offer to take the company private at ~$32/share led by Japan Industrial Partners, a buyout fund of Japanese banks and companies  —  Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private … Lees verder op Tech Meme

Ana Swanson / New York Times: A look at Senator Chuck Schumer’s efforts to boost US chip manufacturing, including marshalling the CHIPS Act, leading to substantial funds flowing to New York  —  The Senate majority leader helped deliver billions of dollars in federal funding for semiconductors.  Now he’s pushing for his state to reap benefits. Lees verder op Tech Meme

James Rundle / Wall Street Journal: Cyber insurance company Resilience, which uses AI to analyze internal systems and determine risk profiles, raised a $100M Series D, taking its funding to $225M  —  Series D round signals continued growth of cyber insurtechs  —  This feature is powered by text-to-speech technology. Lees verder op Tech Meme

Reuters: Researchers: North Korean hackers installed backdoors at Russian rocket design bureau NPO Mashinostroyeniya for five months in 2022 to read emails and more  —  An elite group of North Korean hackers secretly breached computer networks at a major Russian missile developer for at least five months last year … Lees verder op Tech Meme

Anna Irrera / Bloomberg: PayPal announces PYUSD, a stablecoin issued by Paxos and fully backed by USD, short-term Treasuries, and cash equivalents, rolling out to US customers gradually  —  – PayPal USD will be pegged to dollar, issued by Paxos Trust  — Stablecoins have yet to take off in consumer-payment sector Lees verder op Tech Meme

Allison Johnson / The Verge: Samsung Galaxy Z Flip 5 review: useful cover screen and widgets, IPX8, and five years of patches, but so-so battery, tricky cover apps, and unknown durability  —  It’s a big update year for Samsung’s flip-style foldable — and a much larger cover screen makes all the difference. Lees verder op Tech Meme