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Intel agrees to sell its NAND business to SK Hynix for $9 billion

SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial int

Trump says ‘nobody gets hacked’ but forgot his hotel chain was hacked — twice

According to President Trump speaking at a campaign event in Tucson, Arizona, on Monday, “nobody gets hacked.” You don’t need someone who covers security day in and day out to call b

ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raise

SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund

SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest intern

Lee Fixel is already raising a massive second fund

On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. According to a report

TikTok’s QAnon ban has been ‘buggy’

TikTok has been cracking down on QAnon-related content, in line with similar moves by other major social media companies, including Facebook and YouTube, which focus on reducing the spread the baseles

Daily Crunch: Pakistan un-bans TikTok

TikTok returns to Pakistan, Apple launches a music-focused streaming station and SpaceX launches more Starlink satellites. This is your Daily Crunch for October 19, 2020. The big story: Pakistan un-ba

Amazon Echo Dot with Clock review: A mostly aesthetic update

It’s been a busy few weeks for smart speakers. Amazon kicked things off in late September with newer, rounder versions of both the Echo and Echo Dot. Less than a week later, Google updated the Home,

Who regulates social media?

Social media platforms have repeatedly found themselves in the United States government’s crosshairs over the last few years, as it has been progressively revealed just how much power they reall

Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million. This marks the second AI-fueled networking company Juniper has acquired in the las

Lockheed picks Relativity’s 3D-printed rocket for experimental NASA mission

Relativity Space has bagged its first public government contract, and with a major defense contractor at that. The launch startup’s 3D-printed rockets are a great match for a particularly comple

Disney+ UX teardown: Wins, fails and fixes

Disney announced earlier this month that it’s going all-in on streaming media. As part of this new strategy, the company is undergoing a major reorganisation of its media and entertainment busin

US charges Russian hackers blamed for Ukraine power outages and the NotPetya ransomware attack

Six Russian intelligence officers accused of launching some of the “world’s most destructive malware” — including an attack that took down the Ukraine power grid in December 2015 a

Late-stage deals made Q3 2020 a standout VC quarter for US-based startups

Remember back in March when the VC game was done for the year, checkbooks were snapping shut and startup layoffs led the headlines? So much for all that. Q3’s venture capital numbers are in and

Raspberry Pi Foundation launches Compute Module 4 for industrial users

The Raspberry Pi Foundation is launching a new product today — the Compute Module 4. If you’ve been keeping an eye on the Raspberry Pi releases, you know that the flagship Raspberry Pi 4 was relea

Stitcher’s podcasts arrive on Pandora with acquisition’s completion

SiriusXM today completed its previously announced $325 million acquisition of podcast platform Stitcher from E.W. Scripps, and has now launched Stitcher’s podcasts on Pandora across all tiers of

EU switches on cross-border interoperability for first batch of COVID-19 contacts tracing apps

The European Union has switched on cross-border interoperability for a first batch of COVID-19 contacts tracing apps that use Bluetooth proximity to calculate the exposure risk of smartphone users aft

Are VCs cutting checks in the closing days of the 2020 election?

Before the 2016 election, Vice Ventures founder and general partner Catharine Dockery was bullish about the future of recreational cannabis in the United States. “We saw quite a bit more optimis

The OpenStack Foundation becomes the Open Infrastructure Foundation

This has been a long time coming, but the OpenStack Foundation today announced that it is changing its name to “Open Infrastructure Foundation,” starting in 2021. The announcement, which t

AMC offers private theater rentals starting at $99, as cinemas continue to struggle

Like countless other sectors of the entertainment industry, movie theaters have been devastated by a global pandemic with seemingly no end in sight. Initial closings stretched on for months, as distri
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