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Crypto wallet maker Ledger updates Connect Kit, saying a former employee "fell victim to a phishing attack" that let a hacker insert malicious code (Stacy Elliott/Decrypt)
Stacy Elliott / Decrypt: Crypto wallet maker Ledger updates Connect Kit, saying a former employee “fell victim to a phishing…
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Sources: low-code app development tools maker OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than the $9.5B valuation from Feb. 2021 (Kenrick Cai/Forbes)
Kenrick Cai / Forbes: Sources: low-code app development tools maker OutSystems raised $228.4M in October 2022 at a $4.3B valuation,…
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Microsoft acquires Fungible, a maker of data processing units for data centers that has raised $300M+; December 2022 reports suggested the deal is worth ~$190M (Kyle Wiggers/TechCrunch)
A quick recap of Zoho Assist in 2022 — For those of us at Zoho Assist, 2022 was a game…
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Sources: founder Richard Liu berated JD.com executives for poor performance and remains the undisputed decision maker despite having quit many frontline roles (Ben Jiang/South China Morning Post)
Ben Jiang / South China Morning Post: Sources: founder Richard Liu berated JD.com executives for poor performance and remains the…
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Accounting software maker Sage threatens to turn off UK customers' long-term licenses, citing security issues to push them to buy costly monthly subscriptions (Ian Johnston/Financial Times)
Ian Johnston / Financial Times: Accounting software maker Sage threatens to turn off UK customers’ long-term licenses, citing security issues…
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Server maker Supermicro's shares have soared 76%+ YTD, taking its market cap from $2.4B to $4.4B, outperforming all US tech companies valued at $1B or more (Kif Leswing/CNBC)
Kif Leswing / CNBC: Server maker Supermicro’s shares have soared 76%+ YTD, taking its market cap from $2.4B to $4.4B,…
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Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024 (Elisabeth Behrmann/Bloomberg)
Elisabeth Behrmann / Bloomberg: Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B…
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