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Sources: Alibaba won't be able to buy Arm's Neoverse V chips after Arm concludes that the US and UK won't approve export of the high performance tech to China (Financial Times)
Financial Times: Sources: Alibaba won’t be able to buy Arm’s Neoverse V chips after Arm concludes that the US and…
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Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to the December 13 closing price, seeking to convince investors of a path to profitability (Chloe Cornish/Financial Times)
Chloe Cornish / Financial Times: Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to…
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A profile of John Ray III, a lawyer who specializes in restructuring troubled companies, including Enron in 2001, as he leads FTX through its bankruptcy process (Kalley Huang/New York Times)
Kalley Huang / New York Times: A profile of John Ray III, a lawyer who specializes in restructuring troubled companies,…
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A look at Europe's chip self-sufficiency plans, aided by ASML and others; SEMI estimates 10 new facilities in Europe by 2025, compared to 21 in Taiwan (Financial Times)
Financial Times: A look at Europe’s chip self-sufficiency plans, aided by ASML and others; SEMI estimates 10 new facilities in…
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Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering (New York Times)
New York Times: Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy,…
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Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing a $40B investor valuation in January 2022 (Ivan Levingston/Financial Times)
Ivan Levingston / Financial Times: Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing…
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South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding in Serbia, traveling via Dubai from Singapore in October (Song Jung-a/Financial Times)
Song Jung-a / Financial Times: South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding…
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