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Analysis: lawyers, accountants, consultants, and more have charged $700M+ in fees since 2022 in the bankruptcies of FTX, Celsius, Voyager, BlockFi, and Genesis (New York Times)

New York Times: Analysis: lawyers, accountants, consultants, and more have charged $700M+ in fees since 2022 in the bankruptcies of FTX, Celsius, Voyager, BlockFi, and Genesis  —  Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.

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Israel-based Upwind, which helps detect and counter cloud infrastructure threats, raised $50M led by Greylock at a $300M valuation, taking its funding to $80M (Marissa Newman/Bloomberg)

Marissa Newman / Bloomberg: Israel-based Upwind, which helps detect and counter cloud infrastructure threats, raised $50M led by Greylock at a $300M valuation, taking its funding to $80M  —  – Year-old cloud security firm Upwind valued at $300 million  — Curry’s Penny Jar joins round led by Greylock, Cyberstarts

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Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel’s New Mexico factory, after their $5.4B merger collapsed in August (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters: Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel’s New Mexico factory, after their $5.4B merger collapsed in August  —  Intel (INTC.O) will offer foundry services to Tower Semiconductor (TSEM.TA) in a new deal that will see the Israeli contract …

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Ring’s former CEO is rebranding Latch to Door.com

Image: Latch Latch, the commercial access company run by the founder of Ring, is expanding beyond smart locks. The company announced today that it’s rebranding to Door.com with the goal of offering an overarching platform that gives independent service workers, like drivers, housekeepers, and dog walkers, a platform to grow their businesses. After founding Ring

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Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M (Globes Online)

Globes Online: Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M  —  The investment will allow ThetaRay to capitalize on significant market demand as banks and fintech companies look to replace legacy tools …

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Filing: SoftBank prices Arm’s shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023 (Manya Saini/Reuters)

Manya Saini / Reuters: Filing: SoftBank prices Arm’s shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023  —  SoftBank Group’s (9984.T) Arm is aiming to raise up to $4.87 billion in the chip designer’s U.S. initial public offering,

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How Spotify’s $1B+ bet on building a podcast empire has not paid off: most shows are not profitable, debates over exclusivity, cutting original shows, and more (Wall Street Journal)

Wall Street Journal: How Spotify’s $1B+ bet on building a podcast empire has not paid off: most shows are not profitable, debates over exclusivity, cutting original shows, and more  —  The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier

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TikTok hires UK cybersecurity company NCC to audit its data controls and protections, and provide independent verification, as part of Project Clover (Supantha Mukherjee/Reuters)

Supantha Mukherjee / Reuters: TikTok hires UK cybersecurity company NCC to audit its data controls and protections, and provide independent verification, as part of Project Clover  —  TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification …

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Indian telecoms giants Jio, Airtel, and Vodafone-Idea ask regulators to consider forcing internet companies to pay for network usage, echoing efforts globally (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Indian telecoms giants Jio, Airtel, and Vodafone-Idea ask regulators to consider forcing internet companies to pay for network usage, echoing efforts globally  —  Telecom operators in India, the second largest wireless market, would like internet companies to compensate for using their networks …

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Sources detail a tumultuous 12 months for Sequoia: spinning off its highly profitable Chinese arm, its FTX and Twitter bets souring, and Michael Moritz leaving (George Hammond/Financial Times)

George Hammond / Financial Times: Sources detail a tumultuous 12 months for Sequoia: spinning off its highly profitable Chinese arm, its FTX and Twitter bets souring, and Michael Moritz leaving  —  Silicon Valley’s premier venture firm undergoes ‘profound change’ after China splits and bets on FTX and Twitter sour

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Reddit hastily replacing some of its long-time mods raises questions about the company prioritizing reopening protesting subreddits over finding the best people (Scharon Harding/Ars Technica)

Scharon Harding / Ars Technica: Reddit hastily replacing some of its long-time mods raises questions about the company prioritizing reopening protesting subreddits over finding the best people  —  Concerns of Redditor safety, jeopardized research amid new mods and API rules.  —  Did you know that improper food canning can lead to death?

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