Technology

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B

June 12, 2023

Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable addressable market (SAM) to $34 billion, the company said in press release today, $10 […]

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B by Paul Sawers originally published on TechCrunch

Percepto flies high with $67M for its industrial drones

June 12, 2023

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, Texas, but founded and with roots in Israel — […]

Percepto flies high with $67M for its industrial drones by Ingrid Lunden originally published on TechCrunch

Former Samsung exec accused of stealing data to build copycat chip plant in China

June 12, 2023

A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]

Former Samsung exec accused of stealing data to build copycat chip plant in China by Kate Park originally published on TechCrunch

London lures a16z’s first international office with ‘predictable’ crypto regs

June 12, 2023

US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of Crypto, blockchain technologies and associated Web3 startups. a16z has […]

London lures a16z’s first international office with ‘predictable’ crypto regs by Mike Butcher originally published on TechCrunch

Rivian hopes to earn carbon credits for its home electric vehicle chargers

June 12, 2023
Rivian markets its high-end electric trucks to climate-conscious consumers hoping to simultaneously explore the great outdoors and do right by the planet. Now, the California-based automaker has applied to earn carbon credits for the chargers that power its pickups and SUVs, including those installed in its customers’ homes—an effort that MIT Technology Review is revealing…

HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking

June 12, 2023

Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and wider tech community. Rumored for […]

HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking by Ingrid Lunden originally published on TechCrunch

Tesla fuels an EV charging standards war

June 11, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Tesla fuels an EV charging standards war by Kirsten Korosec originally published on TechCrunch