Japanese SoftBank holding increases investments in software development

SoftBank sees huge potential in the software development segment SoftBank Corporation of Japan pays active attention to software developers. First of all, it is interested in SaaS solutions for corporate clients that offer software licenses through subscription. SoftBank invests in such projects through its own Vision Fund 2, which was created two years ago. During…

Messenger for gamers Discord estimated at 15 billion dollars

Discord attracted investment to develop functionality American company Discord held another round of financing, during which it received an investment of $500 million. Thanks to this, the valuation of the platform has grown to 15 billion dollars. Investors were such companies as Fidelity Management & Research, Dragoneer Investment Group and others. According to the head…

ByteDance acquires VR systems developer Pico

ByteDance, which owns TikTok, bought startup Pico ByteDance, which owns the social network TikTok, acquired Chinese startup Pico, which develops virtual reality headsets. The amount of the deal is unknown, but the new owner notes the high potential of the VR market, as well as unique solutions from the Pico team. The manufacturer of virtual…

Freshworks raised $1.03 billion in its IPO

Freshworks has listed 28.5 million shares on the Nasdaq exchange Freshworks held an IPO on the Nasdaq exchange, raising $1.03 billion. Now the software developer is valued at $10.13 billion. The company floated a total of 28.5 million shares at a price of $36 per share. Before going public, Freshworks had planned to sell shares…

Cybersecurity as one of the current problems of the modern world

How the EU plans to strengthen cybersecurity Cybersecurity is becoming increasingly important not only within the commercial segment, but also for states in general. Understanding the importance of the threats posed by hackers and Internet fraudsters, the European Union decided to develop an innovative platform aimed at identifying the cyber threat, analyzing its level of…

More chips from Intel will be produced in Europe

Intel Corporation plans to produce chips at new facilities U.S. electronics manufacturer Intel plans to invest in the expansion of production in Europe. To this end, 80 billion euros will be allocated, which will allow the production of chips at new facilities. The strategy to increase semiconductor manufacturing in Europe is designed for 10 years.…

U.S. company PayPal wants to buy fintech Paidy for 2.7 billion dollars

Japanese startup Paidy may become part of financial giant PayPal American payment service PayPal announced the acquisition of Japanese startup Paidy. The deal amounted to 2.7 billion dollars, most of it will be paid in shares. The purchase process is expected to be completed by the end of this year. Fintech Paidy operates in the…

U.S. manufacturer Western Digital plans to close a deal with the Japanese company Kioxia Holdings

Why Western Digital benefits from a deal with Kioxia Holding Western Digital plans to merge with Japan's Kioxia Holdings. This information comes from The Wall Street Journal, which claims that the parties are holding preliminary talks. Roughly, the deal could amount to about 20 billion dollars. Western Digital's shares began to rise steadily amid the…

SMIC Corporation invests in the construction of a new plant

Semiconductor manufacturer SMIC plans to expand its capacity The current problem for electronics manufacturers is the shortage of semiconductors. And it has reached an international level - a number of countries are introducing measures to stimulate the industry. First of all, this concerns the construction of plants for chip production. Individual companies are also working…

Telecommunications company Bharti invested 361 million pounds in One Web

Bharti and British government plans for space startup One Web Indian company Bharti invested 361 million pounds in space startup One Web. The satellite operator has now become an investor with a 39% stake. Another holder of One Web is the British government, which bought it after bankruptcy for $1 billion. Eutelsat and SoftBank own…

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