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Tel Aviv-based insurance marketplace Vesttoo considers removing its CEO and CFO amid an alleged multibillion-dollar fraud involving faked letters of credit (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal: Tel Aviv-based insurance marketplace Vesttoo considers removing its CEO and CFO amid an alleged multibillion-dollar fraud involving faked letters of credit  —  Tel Aviv-based firm, facing questions about fake documents, may fire its founders  —  A hot Israeli startup promised …

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TikTok announces measures to comply with EU DSA, including making reporting illegal content easier for users and removing targeted ads for those aged 13 to 17 (Martin Coulter/Reuters)

Martin Coulter / Reuters: TikTok announces measures to comply with EU DSA, including making reporting illegal content easier for users and removing targeted ads for those aged 13 to 17  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations.

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Qualcomm, NXP, Bosch, and Infineon form a new company in Germany to promote the open-source RISC-V chip architecture, initially targeting the auto industry (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg: Qualcomm, NXP, Bosch, and Infineon form a new company in Germany to promote the open-source RISC-V chip architecture, initially targeting the auto industry  —  Together with Nordic Semiconductor ASA and German firms Robert Bosch GmbH and Infineon Technologies AG, the semiconductor firms …

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Revolut plans to start shutting down its US cryptocurrency service from September 2, citing regulatory uncertainty, impacting <1% of its crypto users globally (Yogita Khatri/The Block)

Yogita Khatri / The Block: Revolut plans to start shutting down its US cryptocurrency service from September 2, citing regulatory uncertainty, impacting <1% of its crypto users globally  —  – Revolut is closing its cryptocurrency platform in the U.S., citing regulatory uncertainty.

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How Vietnam became a gaming powerhouse a decade after Flappy Bird; data.ai: Vietnam was in the global top five in mobile game production by downloads in H1 2023 (Bloomberg)

Bloomberg: How Vietnam became a gaming powerhouse a decade after Flappy Bird; data.ai: Vietnam was in the global top five in mobile game production by downloads in H1 2023  —  – Flappy Bird inspired generation of hit game developers  — Privacy regulations pose risk for ad-dependent casual games

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Cloud may be overpriced compared to on-premises systems

We’ve long been comparing and contrasting cloud-based infrastructure with the infrastructure sold by traditional enterprise hardware and software players. However, some further information is starting to appear. The Bureau of Labor Statistics Producer Price Index reported a 3.9% month-over-month decline in the cost of host computers and servers, meaning that the hardware has gotten cheaper.

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South Korean circuit board maker Isu Petasys, which counts Alphabet, Nvidia, and Microsoft as clients, has seen a 487% stock surge in 2023 fueled by the AI boom (Yoojung Lee/Bloomberg)

Yoojung Lee / Bloomberg: South Korean circuit board maker Isu Petasys, which counts Alphabet, Nvidia, and Microsoft as clients, has seen a 487% stock surge in 2023 fueled by the AI boom  —  – Isu Petasys supplies tech giants such as Nvidia with circuits  — Patriarch Kim Sang-Beom and family see value of stake soar

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Apple III Slows Down to Smell the Roses

The most collectible items in the realm of vintage computers often weren’t the most popular of their era. Quite the opposite, in fact. Generally the more desireable systems were market failures when they first launched, and are now sought out because of a newly-appreciated quirk or simply because the fact that they weren’t widely accepted

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A look at the digital-asset rules in Asian jurisdictions like Hong Kong and Japan as the region’s regulators lead the US, which remains mired in a crypto fog (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg: A look at the digital-asset rules in Asian jurisdictions like Hong Kong and Japan as the region’s regulators lead the US, which remains mired in a crypto fog  —  – Hong Kong, Japan and South Korea rolled out fresh frameworks  — US lawmakers remain in heated debates over regulating crypto

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