Bloomberg: China’s Big Fund pledges to invest ~$1.9B more in memory chipmaker YMTC, suggesting Beijing is again boosting its beleaguered chip industry after US tech curbs  —  China has pledged to invest an additional $1.9 billion in the country’s biggest maker of memory chips, a deal that may herald … Lees verder op Tech Meme

Financial Times: Staff and analysts: FIS is spinning off Worldpay as the ~$43B deal suffered from incompatibility, Worldpay’s slow response to changing customer needs, and more  —  Integration was difficult but the deal itself had always been misguided  —  Since it was founded by former UK policeman Nick Ogden … Lees verder op Tech Meme

Reuters: Sources: the FDA rejected Neuralink’s clinical trial application, citing dozens of issues to fix before human testing, like the device’s removal and its battery  —  Musk has said his brain implant company, Neuralink, will make the paralyzed walk, the blind see and eventually turn people into cyborgs. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: NYC-based Wunderkind, which lets brands target web visitors through emails, texts, and more, raised a $76M Series C, bringing its total funding to $150M+  —  Wunderkind, a platform that enables brands to target web visitors through emails, texts and other digital advertising formats … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Bengaluru-based SpotDraft, which develops contract lifecycle management tools, raised a $26M Series A led by Premji Invest, bringing its total funding to $30.5M  —  VCs see a rich opportunity in tools to manage the contract lifecycle.  Two years ago, startups developing software that helps draft … Lees verder op Tech Meme