Indian food delivery startup Swiggy is considering increasing the fresh issue component of its initial public offering by $ 150 million, aiming to raise a total of up to $ 1.4 billion in what is shaping up to be one of the largest public listings in India this year. The Bengaluru-headquartered startup will ask shareholders […]
Meta will pay Texas $1.4B in settlement over facial recognition software
Meta reached a $ 1.4 billion settlement with Texas Attorney General Ken Paxton on Tuesday to settle a 2-year-old lawsuit related to the company’s use of facial recognition software. “After vigorously pursuing justice for our citizens whose privacy rights were violated by Meta’s use of facial recognition software, I’m proud to announce that we have […]
UK chips in $44M for a piece of Europe’s $1.4B pot for semiconductors
The UK has exited the European Union, but semiconductor development is emerging as one of the areas where it hopes to partner for better economies of scale — and much-needed funding. Today, the government announced that it was joining up with the EU’s “Chips Joint Undertaking” as a “participating state” so that organizations in the […]