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Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023 (Reuters)

    Reuters: Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023  —  Samsung Electronics (005930.KS) expects $100 million or more of revenue from its… Read More »Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023 (Reuters)

    Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR (Eduard Kovacs/SecurityWeek)

      Eduard Kovacs / SecurityWeek: Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR  —  Data security firm BigID raises $60 million in a… Read More »Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR (Eduard Kovacs/SecurityWeek)

      GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M (Nana Shibata/Nikkei Asia)

        Nana Shibata / Nikkei Asia: GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M  —  Superapp and ride-sharing company… Read More »GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M (Nana Shibata/Nikkei Asia)

        Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters)

          Rishabh Jaiswal / Reuters: Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation  —  Chip firm Astera Labs (IPO-ASTB.O) on Tuesday… Read More »Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters)

          PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B (Mike Rogoway/Oregonian)

            Mike Rogoway / Oregonian: PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B  —  Jama Software, which helped lead a brief renaissance in Portland technology in the decade after… Read More »PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B (Mike Rogoway/Oregonian)

            Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model (Business Insider)

              Business Insider: Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model  —  – OpenAI’s main product is the popular generative AI tool ChatGPT.  — Since its… Read More »Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model (Business Insider)

              Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites (Ionut Arghire/SecurityWeek)

                Ionut Arghire / SecurityWeek: Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites  —  A weakness in a Firebase implementation allowed researchers to gain access to names, phone numbers, email… Read More »Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites (Ionut Arghire/SecurityWeek)

                Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole (Shirin Ghaffary/Bloomberg)

                  Shirin Ghaffary / Bloomberg: Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole  —  – Reid Hoffman will be last remaining co-founder at… Read More »Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole (Shirin Ghaffary/Bloomberg)

                  Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M (Echo Wang/Reuters)

                    Echo Wang / Reuters: Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M  —  Israeli cybersecurity firm Cato Networks, which was valued… Read More »Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M (Echo Wang/Reuters)

                    In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse (Emma Roth/The Verge)

                      Emma Roth / The Verge: In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse  —  Threads is coming to the fediverse — and we just… Read More »In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse (Emma Roth/The Verge)

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