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Technology

A presentation in FTX's Chapter 11 case shows the exchange has identified assets of ~$2.2B in FTX.com wallets and a ~$9.3B net borrowing by Alameda Research (Nelson Wang/CoinDesk)

[ad_1] Nelson Wang / CoinDesk: A presentation in FTX’s Chapter 11 case shows the exchange has identified assets of ~$2.2B…

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Technology

Prosus valued its 9.67% stake in Byju's at $578M at the end of Q3 2022, implying Byju's total value to be $5.9B; Byju's was valued at $22B in October 2022 (Moneycontrol)

[ad_1] Moneycontrol: Prosus valued its 9.67% stake in Byju’s at $578M at the end of Q3 2022, implying Byju’s total…

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Technology

Byju's raised $250M in new funding as the market downturn delays its IPO; a source says the valuation was $22B, the same as when it raised $800M in March 2022 (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: Byju’s raised $250M in new funding as the market downturn delays its IPO; a source…

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Technology

Switzerland-based cybersecurity company Infinigate merges with Dubai-based cybersecurity firm Starlink to form a company with a ~$2.2B estimated annual revenue (Reuters)

[ad_1] Reuters: Switzerland-based cybersecurity company Infinigate merges with Dubai-based cybersecurity firm Starlink to form a company with a ~$2.2B estimated…

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Technology

Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B, down from ~$4.7B in H1 2021, as smartphone and laptop sales weaken (David Kirton/Reuters)

[ad_1] David Kirton / Reuters: Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B,…

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Latin American e-commerce company MercadoLibre reports Q1 revenue of $2.2B, up 63% YoY, vs $2B est., gross merchandise volume of $7.7B, up 27% YoY; stock up 8%+ (Bloomberg)

[ad_1] Bloomberg: Latin American e-commerce company MercadoLibre reports Q1 revenue of $2.2B, up 63% YoY, vs $2B est., gross merchandise…

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