WeRide Tops Estimates on Surging Domestic Ride-Hailing Demand

Mark Bezos’ Fund Faces Fight to Recoup Losses From Fence Startup

Fund backed by China memory giant YMTC invests in push for alternative chipmaking route

A venture capital fund backed by Yangtze Memory Technologies Corp (YMTC), China’s top producer of NAND flash memory, has taken a stake in domestic semiconductor manufacturer SOI Micro, adding a high-profile investor to the country’s push for an alternative chipmaking ecosystem. Led by a prominent figure in China’s semiconductor industry, SOI Micro is focused on developing fully depleted silicon-on-insulator (FD-SOI) technology – a low-power chipmaking technology that offers a complementary...

Akira ransomware scum blocked victim's security tools – and broke their own encryptor

An Akira ransomware affiliate rebooted a victim’s computer into Safe Mode to kill its security tools – and in the process sabotaged their own malware when the limited-function startup mode also broke their encryptor. But the ending wasn't entirely happy for the victim. The attacker had already stolen credentials and data from file shares before Safe Mode prevented the ransomware from doing its job.

Yardeni Has a Case of 'FEMO'

Ed Yardeni, president of Yardeni Research, says he has a case of "FEMO," or fabulous earnings momentum. He raised his year-end forecast for the S&P 500 to 8,400, that is the most bullish estimate on Wall Street.