News
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US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000 (CoinDesk)
CoinDesk: US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B…
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Dealroom: the UK's tech sector hit a combined $1T market valuation in 2022, doubling since 2019, compared to Germany's $467.2B and France's $307.5B (Daniel Lanyon/AltFi)
Daniel Lanyon / AltFi: Dealroom: the UK’s tech sector hit a combined $1T market valuation in 2022, doubling since 2019,…
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A look at the Australian Securities Exchange's blockchain project, abandoned in November 2022, to replace its combined trading, clearing, and settlement system (Byron Kaye/Reuters)
Byron Kaye / Reuters: A look at the Australian Securities Exchange’s blockchain project, abandoned in November 2022, to replace its…
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Bengaluru-based BetterPlace, which offers a SaaS for blue-collar workforce management, raised a $40M Series C extension, bringing its total funding to ~$80M (Vibhuti Sharma/DealStreetAsia)
Vibhuti Sharma / DealStreetAsia: Bengaluru-based BetterPlace, which offers a SaaS for blue-collar workforce management, raised a $40M Series C extension,…
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Source: Publicly-traded US bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy on Wednesday, as its valuation fell from $4.3B in July 2021 to $78M (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC: Source: Publicly-traded US bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy on Wednesday, as…
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Tata Digital-owned Indian e-grocer BigBasket raised $200M from Tata Digital and others at a $3.2B valuation, up from $2.7B in March in a secondary share sale (The Economic Times)
The Economic Times: Tata Digital-owned Indian e-grocer BigBasket raised $200M from Tata Digital and others at a $3.2B valuation, up…
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Donie O'Sullivan, Drew Harwell, and other journalists remain locked out of their Twitter accounts despite suspensions lifted, many until they delete tweets (Micah Lee/The Intercept)
Micah Lee / The Intercept: Donie O’Sullivan, Drew Harwell, and other journalists remain locked out of their Twitter accounts despite…
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China issues new data guidelines, imposing strict review of data processing, cross-border data transfers, and M&A activities involving foreign capital (Xinmei Shen/South China Morning Post)
Xinmei Shen / South China Morning Post: China issues new data guidelines, imposing strict review of data processing, cross-border data…
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Ukrainian Vice PM Mykhailo Fedorov expects 10K+ more Starlink terminals to arrive in the coming months, saying "all financial issues have been resolved" for now (Bloomberg)
Bloomberg: Ukrainian Vice PM Mykhailo Fedorov expects 10K+ more Starlink terminals to arrive in the coming months, saying “all financial…
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