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InvGate, a SaaS startup offering IT service and asset management tools, raised $35M led by Riverwood, its first external funding since its founding in 2009 (Christine Hall/TechCrunch)

Christine Hall / TechCrunch: InvGate, a SaaS startup offering IT service and asset management tools, raised $35M led by Riverwood, its first external funding since its founding in 2009  —  InvGate, a SaaS platform offering information technology service management and IT asset management products, raised $35 million …

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A mid-2023 crypto crime update: inflows to illicit entities drop 65% YoY, scammers net ~$3.3B less than H1 2022, and ransomware took $175.8M more than H1 2022 (Chainalysis)

Chainalysis: A mid-2023 crypto crime update: inflows to illicit entities drop 65% YoY, scammers net ~$3.3B less than H1 2022, and ransomware took $175.8M more than H1 2022  —  2023 so far has been a year of recovery for cryptocurrency after a chaotic 2022, with prices of digital assets like Bitcoin up over 80% on

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Recursion, which uses AI models for drug discovery, raised $50M from Nvidia and plans to train its models on Nvidia’s platform using its own 23,000TB+ datasets (Reuters)

Reuters: Recursion, which uses AI models for drug discovery, raised $50M from Nvidia and plans to train its models on Nvidia’s platform using its own 23,000TB+ datasets  —  Nvidia (NVDA.O) invested $50 million to speed up training of biotech firm Recursion’s (RXRX.O) artificial intelligence models for drug discovery …

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The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation (Reuters)

Reuters: The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation  —  Britain’s competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation.

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Travelers can say no to a TSA facial recognition scan, but some TSA agents tell travelers the scan is required or that refusing will cause a significant delay (Shira Ovide/Washington Post)

Shira Ovide / Washington Post: Travelers can say no to a TSA facial recognition scan, but some TSA agents tell travelers the scan is required or that refusing will cause a significant delay  —  Let’s ask two questions about airports’ use of facial recognition: Is it truly voluntary?  And is it worth it?

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SuSE Take On Red Hat, Forking RHEL

One of the Linux stories of the moment has come from Red Hat, with their ongoing efforts to make accessing the source of their Red Hat Enterprise Linux product a paid-for only process. This has caused consternation and annoyance alike, from the open source community angry at any liberties taken with the GPL, and from

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The EU approves Broadcom’s $61B VMware deal, provided Broadcom adheres to its access and interoperability commitments; UK and US approval is still pending (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters: The EU approves Broadcom’s $61B VMware deal, provided Broadcom adheres to its access and interoperability commitments; UK and US approval is still pending  —  U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware …

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The European Securities and Markets Authority issues detailed proposals on crypto companies under the EU’s MiCA law; more are expected in October and early 2024 (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk: The European Securities and Markets Authority issues detailed proposals on crypto companies under the EU’s MiCA law; more are expected in October and early 2024  —  Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation

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A Democratic report finds popular tax filing tools inappropriately and “recklessly” transmitted data to Meta and Google for years; tax data is tightly regulated (Colin Lecher/The Markup)

Colin Lecher / The Markup: A Democratic report finds popular tax filing tools inappropriately and “recklessly” transmitted data to Meta and Google for years; tax data is tightly regulated  —  The investigation was opened in response to work published last year by The Markup

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India’s IT minister says the Foxconn-Vedanta venture ended due to “internalissues” and “doesn’t affect” the chip program; Foxconn plans to seek new partners (Wall Street Journal)

Wall Street Journal: India’s IT minister says the Foxconn-Vedanta venture ended due to “internalissues” and “doesn’t affect” the chip program; Foxconn plans to seek new partners  —  Minister says both companies will still pursue chip projects in India  —  India’s minister for technology …

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