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Thought Machine, which helps banks launch cloud-based services, raises a $200M Series C led by Nyca Partners at a $1B+ valuation
Sources: Clearlake Capital will buy Quest Software, which makes tools for IT departments, from Francisco Partners for $5.4B including debt
Q&A with Forte founder and CEO Josh Williams on Forte's $725M Series B, adding "real purpose" to speculation-fueled tokens via games, potential regulation, more
Australian PM Scott Morrison proposes new defamation legislation mandating social media companies reveal the identities of anonymous online trolls or face fines
Intel is stockpiling around 3,000 legacy pieces of its hardware and software, going back about a decade, for security research at a warehouse in Costa Rica
Russia's Roskomnadzor regulator says its slowdown of Twitter on mobile, in force since March, will continue until all content deemed illegal is removed
Armis, which provides enterprise IT and IoT security tools, raises $300M at a $3.4B post-money valuation, up from $2B in February 2021
Twitter CEO Jack Dorsey resigns, CTO Parag Agrawal takes over effective immediately; Dorsey to quit the board in 2022, Salesforce's Bret Taylor to become chair
Analysis: Amazon has built more than 450 warehouses in the US since the end of 2019, doubling its fulfillment capacity to over 930 facilities
wsj.com · 3 hours ago
Documents: China's Henan province is asking companies to develop a 3,000-camera surveillance system to track journalists, international students, and others
Chegg acquires Busuu, an online language learning startup that has reached 120M+ users across 160+ countries, for approximately $436M
Booking.com plans to acquire its Sweden-based flight-booking partner Etraveli Group from CVC Capital Partners for ~$1.83B
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy
A look at the challenges spies face with biometrics, smartphones, and surveillance cameras, and how AI sifting through data changes espionage
Slice, whose credit cards are used by 5M+ people in India and let users pay their bills interest-free over three months, raises a $220M Series B
Sky Mavis says its crypto-based game Axie Infinity quadrupled DAUs in under 3 months to 2M in October, as some analysts question Axie's economic sustainability
UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June
Vestager asks the EU Parliament and Council to approve the Digital Markets Act and the Digital Services Act as a matter of urgency, even if they are imperfect
Adobe: US consumers spent $8.9B online on Black Friday, down from the record $9B in 2020, the first ever YoY decline
A look at efforts to develop brain-computer interfaces, including Musk's Neuralink and a DARPA program to build a 64,000-electrode array for brain implants
Recent cyberattacks on Iran's fuel distribution system and an Israeli LGBTQ dating site show that Iran-Israel cyberwar is impacting civilians on a large scale
Report: Raspberry Pi Trading hired investment banks Stifel and Liberum to advise on a London IPO planned for this spring that would value it at ~$500M
Gurman: Apple is still working on a multi-device charger, other short and long-distance wireless chargers, and reverse wireless charging for its devices
How "neo-conglomerates" like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson
wsj.com · 1 day ago