China set up a new ~$47.5B state-backed investment fund on May 24 as the third and largest phase of its Big Fund to boost the country's semiconductor industry (Reuters)

Reuters:

China set up a new ~$47.5B state-backed investment fund on May 24 as the third and largest phase of its Big Fund to boost the country's semiconductor industry — China has set up a new state-backed investment fund with registered capital of 344 billion yuan ($47.5 billion) to boost the country's semiconductor industry.

http://www.techmeme.com/240526/p11?utm_source=dlvr.it&utm_medium=blogger#a240526p11

Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites (Kellen Browning/New York Times)

Kellen Browning / New York Times: Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites — The deal signed by Félix Lengyel, known as xQc, matches traditional athletes' contracts, and is another sign … http://www.techmeme.com/230616/p28?utm_source=dlvr.it&utm_medium=blogger#a230616p28

Apple says it asked Epic to fix the buttons in a future version of the Epic Games Store submitted for review; Epic CEO Tim Sweeney says Epic will "fight this" (Malcolm Owen/AppleInsider)

Malcolm Owen / AppleInsider: Apple says it asked Epic to fix the buttons in a future version of the Epic Games Store submitted for review; Epic CEO Tim Sweeney says Epic will “fight this” — Mere hours after reports circulated that Apple had declined to approve the Epic Games Store for iOS in the EU … http://www.techmeme.com/240706/p7?utm_source=dlvr.it&utm_medium=blogger#a240706p7

Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March (Katrina Manson/Bloomberg)

Katrina Manson / Bloomberg: Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March — - Payment made through three Bitcoin installments in March — Dark Angels hacking gang pursues high prices and low profile http://www.techmeme.com/240918/p42?utm_source=dlvr.it&utm_medium=blogger#a240918p42

Network Support Blog