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Sources: Accel and Tiger Global are in talks to sell their remaining Flipkart stakes, around 1% and 4%, respectively, to parent company Walmart for ~$1.5B (The Economic Times)

The Economic Times: Sources: Accel and Tiger Global are in talks to sell their remaining Flipkart stakes, around 1% and 4%, respectively, to parent company Walmart for ~$1.5B  —  Happy 74th Republic Day!  —  Two early backers of Flipkart – venture fund Accel Partners and New York-based investment firm Tiger Global …

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Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022 (Wall Street Journal)

Wall Street Journal: Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022  —  Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant

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Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide (Ian King/Bloomberg)

Ian King / Bloomberg: Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide  —  Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% …

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Toxic Telescope Makes You Mad as a Hatter

[Hank Green] posted an interesting video about the first liquid mirror telescope from back in the 1850s. At the time, scientists were not impressed. But, these days, people are revisiting the idea. The big problem with the early telescope is that it used mercury. Mercury is really bad for people and the environment. The good

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Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates (CoinDesk)

CoinDesk: Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates  —  Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

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New Jersey-based AtomicJar, which is building a cloud version of its co-founders’ open-source microservices testing tool Testcontainers, raised a $25M Series A (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: New Jersey-based AtomicJar, which is building a cloud version of its co-founders’ open-source microservices testing tool Testcontainers, raised a $25M Series A  —  Working with, microservices-based development environments presents a unique set of testing challenges.

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Using automation, Trellix patches nearly 62K open-source projects susceptible to a Python path traversal flaw first disclosed in 2007, affecting ~350K projects (Menghan Xiao/SC Media)

Menghan Xiao / SC Media: Using automation, Trellix patches nearly 62K open-source projects susceptible to a Python path traversal flaw first disclosed in 2007, affecting ~350K projects  —  The Trellix research team said they have patched nearly 62,000 open-source projects that were susceptible to a 15-year-old path …

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Analysis: SoftBank’s new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M (Bloomberg)

Bloomberg: Analysis: SoftBank’s new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M  —  SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter.

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Angle Health, a service that helps its clients’ employees navigate telehealth, behavioral, and insurance benefits, raised a $58M Series A led by Portage (Anastassia Gliadkovskaya/Fierce Heal …)

Anastassia Gliadkovskaya / Fierce Healthcare: Angle Health, a service that helps its clients’ employees navigate telehealth, behavioral, and insurance benefits, raised a $58M Series A led by Portage  —  Angle Health, a payer serving employers, has raised $58 million to expand to new markets.  By bundling telehealth and behavioral benefits …

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Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide (Ian King/Bloomberg)

Ian King / Bloomberg: Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide  —  Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% …

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North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp (Edward Gately/Channel Futures)

Edward Gately / Channel Futures: North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp  —  ITP’s investment will help accelerate Zift Solutions’ GTM strategy and continued international expansion.

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Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M  —  Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify …

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Elon Musk thinks Twitter is real life

Laura Normand / The Verge This should come as no surprise, but Elon Musk doesn’t see a downside to being extremely online. Asked whether his recent tweets — spreading tawdry conspiracy theories about the attack on Nancy Pelosi’s husband, embracing COVID misinformation, mocking trans people, making groan-inducing, jokes, and exposing himself as a right-wing troll

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Meta plans to reinstate Donald Trump’s Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban (Axios)

Axios: Meta plans to reinstate Donald Trump’s Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban  —  – “We’ve always believed that Americans should be able to hear from the people who want to lead the country,” Clegg told Axios.

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