All articles by Shivam Mishra
Shivam Mishra
Chip equipment company Kokusai Electric raises $724m in IPO
The company set its IPO price at Y1,840 ($12.29) per share, which valued it at Y423.9bn ($2.83bn).
Jobs platform LinkedIn announces second round of layoffs this year
The redundancies will impact roles across the company’s engineering, talent, product, and finance teams.
Russian technology company Astra raises $36m in IPO
Astra is said to hold a key position in the Russian OS market with its Astra Linux OS.
Memory chip makers Kioxia and Western Digital nearing merger
As part of the merger, the two companies aim to set up a holding company that will bring together their NAND flash memory chip production unit.
DiDi Autonomous Driving secures $149m investment from China’s state-backed entity
DiDi Autonomous Driving said it will use the funding to invest in research and development and accelerate the launch of products.
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Software company Atlassian to buy video platform Loom for $975m
Atlassian plans to integrate Loom’s asynchronous video capabilities into its platforms.
Data transformation startup Prophecy raises $35m via Series B round
The funding, which takes the total investment raised to $67m, will be used to scale Prophecy’s platform and support its customer acquisition initiative.
Astra Space weighs sale of stake in business units
The business has experienced a number of in-flight launch mishaps for customers, and in August, it announced plans to cut workforce by 25%.
AMD to buy software company Nod.ai
Nod.ai is engaged in developing open-source AI solutions for enterprises, hyperscalers and startups.
Autonomous ship start-up Saronic Technologies raises $55m funding
Launched in 2022, Saronic aims to build autonomous surface vessels for the US and its allies.