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A look at China's plans to “de-Americanize” its chip industry, nearly seven months after the US unveiled curbs, with billions from local investors and companies (New York Times) 12-05-2023

New York Times: A look at China’s plans to “de-Americanize” its chip industry, nearly seven months after the US unveiled curbs, with billions from local investors and companies  —  Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains … Lees verder op Tech Meme

Draft bill: the EU plans to force crypto companies to give tax authorities details of their clients' holdings, which can be shared across the 27-nation bloc (Jack Schickler/CoinDesk) 12-05-2023

Jack Schickler / CoinDesk: Draft bill: the EU plans to force crypto companies to give tax authorities details of their clients’ holdings, which can be shared across the 27-nation bloc  —  Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens. Lees verder op Tech Meme

Sources: Byju's raised $250M and is close to raising $700M at the $22B valuation the startup maintained over the past year, ahead of its subsidiary Aakash's IPO (Manish Singh/TechCrunch) 12-05-2023

Manish Singh / TechCrunch: Sources: Byju’s raised $250M and is close to raising $700M at the $22B valuation the startup maintained over the past year, ahead of its subsidiary Aakash’s IPO  —  Byju’s has raised $250 million and is close to securing about $700 million more, two people familiar with the matter said … Lees verder op Tech Meme

Tessera, the collective NFT ownership service that launched as Fractional with $20M in funding from Paradigm and others, plans to shut down (Rosie Perper/CoinDesk) 12-05-2023

Rosie Perper / CoinDesk: Tessera, the collective NFT ownership service that launched as Fractional with $20M in funding from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Lees verder op Tech Meme