Swetha Gopinath / Bloomberg:
PE firm Hg agrees to buy AuditBoard, a risk and compliance cloud software provider for large businesses, at $3B+ including debt — Hg has agreed to buy AuditBoard in a deal valuing the risk management software provider at more than $3 billion including debt.
Nvidia CEO Jensen Huang’s 3.5%+ stake in the company grew from $3B to $90B in five years, as the stock grew 28x in five years and more than doubled this year (Kif Leswing/CNBC)
Kif Leswing / CNBC:
Nvidia CEO Jensen Huang’s 3.5%+ stake in the company grew from $3B to $90B in five years, as the stock grew 28x in five years and more than doubled this year — Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion.
Ukrainian officials say Russia is deploying more advanced tools to disrupt Starlink, raising questions about its reliability against sophisticated adversaries (New York Times)
New York Times:
Ukrainian officials say Russia is deploying more advanced tools to disrupt Starlink, raising questions about its reliability against sophisticated adversaries — Russia has deployed advanced tech to interfere with Elon Musk’s satellite internet service, Ukrainian officials said …
Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023 (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023 — Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup.
Cohere for AI, the nonprofit research arm of AI startup Cohere, announces the open weights release of Aya 23, a family of multilingual language models (Shubham Sharma/VentureBeat)
Shubham Sharma / VentureBeat:
Cohere for AI, the nonprofit research arm of AI startup Cohere, announces the open weights release of Aya 23, a family of multilingual language models — Today, Cohere for AI (C4AI), the non-profit research arm of Canadian enterprise AI startup Cohere, announced the open weights release of Aya 23 …
A profile of Lin Rui-siang, a 23-year-old Taiwanese accused by the US DOJ of running a $100M+ dark-web drug market who had an alter ego as a crypto crime expert (Andy Greenberg/Wired)
Andy Greenberg / Wired:
A profile of Lin Rui-siang, a 23-year-old Taiwanese accused by the US DOJ of running a $100M+ dark-web drug market who had an alter ego as a crypto crime expert — The strange journey of Lin Rui-siang, the 23-year-old accused of running the Incognito black market, extorting his own site’s users …
A Nigerian court adjourns a money laundering trial against Binance and two of its executives to June 20 because one of the defendants Tigran Gambaryan was ill (Camillus Eboh/Reuters)
Camillus Eboh / Reuters:
A Nigerian court adjourns a money laundering trial against Binance and two of its executives to June 20 because one of the defendants Tigran Gambaryan was ill — A Nigerian court on Thursday adjourned a money laundry trial against cryptocurrency exchange Binance and two of its executives …
A Texas federal jury orders Micron to pay $445M to computer memory company Netlist for willfully infringing on two parents related to improving memory modules (Blake Brittain/Reuters)
Blake Brittain / Reuters:
A Texas federal jury orders Micron to pay $445M to computer memory company Netlist for willfully infringing on two parents related to improving memory modules — Chipmaker Micron Technology (MU.O) owes computer-memory company Netlist (NLST.PK) $445 million in damages for violating Netlist’s patent rights …
Sources: Nvidia cuts price of its China-specific H20 chip, selling it below Huawei’s Ascend 910B, underscoring the challenges Nvidia faces amid US sanctions (Fanny Potkin/Reuters)
Fanny Potkin / Reuters:
Sources: Nvidia cuts price of its China-specific H20 chip, selling it below Huawei’s Ascend 910B, underscoring the challenges Nvidia faces amid US sanctions — Nvidia’s (NVDA.O) most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing …
Email: Foursquare lays off 105 employees as the company seeks to “streamline” its operations; source: layoffs represent about 25% of total company employees (Connie Loizos/TechCrunch)
Connie Loizos / TechCrunch:
Email: Foursquare lays off 105 employees as the company seeks to “streamline” its operations; source: layoffs represent about 25% of total company employees — Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit …
