News
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Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes three titles from the pipeline; its stock is down ~53% YTD (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes…
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Similarweb: desktop visits to Twitter's ad manager fell ~74% YoY in Oct. and 85% in Nov., the largest drop since Musk's takeover; the trend continues in Dec. (Laura Forman/Wall Street Journal)
Laura Forman / Wall Street Journal: Similarweb: desktop visits to Twitter’s ad manager fell ~74% YoY in Oct. and 85%…
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Switzerland-based Nillion, which aims to offer a decentralized network for securing storage and data computation, raised a $20M+ seed led by Distributed Global (Jacquelyn Melinek/TechCrunch)
Jacquelyn Melinek / TechCrunch: Switzerland-based Nillion, which aims to offer a decentralized network for securing storage and data computation, raised…
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FTX CEO's testimony to the US House: FTX and Alameda customer assets were commingled, insiders were paid $1B+, FTX US was not run independently of FTX, and more (U.S. House Committee on Financial Services)
U.S. House Committee on Financial Services: FTX CEO’s testimony to the US House: FTX and Alameda customer assets were commingled,…
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Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to limit Beijing's semiconductor progress (Bloomberg)
Bloomberg: Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking export controls, aiming to…
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Enterprise spending management software maker Coupa agrees to be acquired by PE firm Thoma Bravo for $6.15B in cash, a 30.5% premium on its Friday closing price (Yuvraj Malik/Reuters)
Yuvraj Malik / Reuters: Enterprise spending management software maker Coupa agrees to be acquired by PE firm Thoma Bravo for…
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Xiaomi announces the ~$575 Xiaomi 13 and ~$720 Xiaomi 13 Pro, adding a Snapdragon 8 Gen 2 chipset, available in China, and the Watch S2, Buds 4, and more (Jules Wang/Android Police)
Jules Wang / Android Police: Xiaomi announces the ~$575 Xiaomi 13 and ~$720 Xiaomi 13 Pro, adding a Snapdragon 8…
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