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Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (Bloomberg)

Bloomberg : Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortc...

11 January 2024

Ripple Labs, creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation (Krystal Hu/Reuters)

Krystal Hu / Reuters:
Ripple Labs, creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation  —  Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth of shares in the company from early investors …

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