Technology
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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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Elon Musk says he will resign as CEO once he finds someone "foolish enough to take the job", after which time he plans to run the "software and servers teams" (Elon Musk/@elonmusk)
Elon Musk / @elonmusk: Elon Musk says he will resign as CEO once he finds someone “foolish enough to take…
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