Month: October 2020

Ant Group's $10.3B raise in 2018, its first from non-Chinese investors, promises a combined $8B gain for Silver Lake, Warburg Pincus, and others when Ant IPOs (Wall Street Journal)

Wall Street Journal: Ant Group’s $10.3B raise in 2018, its first from non-Chinese investors, promises a combined $8B gain for Silver Lake, Warburg Pincus, and others when Ant IPOs  —  In 2018, the financial-technology giant raised $10.3 billion in its first and only private sale of stock to institutions outside China Ant Group's .3B raise

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Wisconsin Republican Party says hackers stole $2.3M from its federal account; party chairman says the FBI is investigating (Scott Bauer/Associated Press)

Scott Bauer / Associated Press: Wisconsin Republican Party says hackers stole $2.3M from its federal account; party chairman says the FBI is investigating  —  MADISON, Wis. (AP) — Hackers have stolen $2.3 million from the Wisconsin Republican Party’s account that was being used to help reelect President Donald Trump … Wisconsin Republican Party says hackers

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Taiwanese contract chipmaker UMC fined $60M after pleading guilty to DOJ charges of stealing trade secrets from US chipmaker Micron (Financial Times)

Financial Times: Taiwanese contract chipmaker UMC fined $60M after pleading guilty to DOJ charges of stealing trade secrets from US chipmaker Micron  —  Chipmaker fined $60m and agrees to co-operate in case against China’s Fujian Jinhua  —  Taiwanese contract chipmaker United Microelectronics Corporation … Taiwanese contract chipmaker UMC fined M after pleading guilty to DOJ

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