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Kioxia, Western Digital speed up merger talks as memory chip demand slumps: report

Japan's Kioxia and US chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.

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Philadelphia Inquirer hit by cyberattack causing newspaper's largest disruption in decades

The company was working to restore print operations after a cyber incursion that prevented the printing of the newspaper's Sunday print edition, the Inquirer reported on its website.

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Indian girl gamers fight keyboard warriors and online abuse

According to a recent report released by Lumikai, 43% of India's 507 million gamers are female - the first year they have counted players by gender.

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Australia's Aristocrat Leisure to buy software firm NeoGames for $1 billion

Australia's Aristocrat Leisure on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. for $1.0 billion as the gambling machine maker seeks to expand its online presence.

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Scoop: PharmEasy valuation halved to $2.8 billion, logs Ebitda profitability; Paytm’s loan biz decoded

Online pharmacy PharmEasy recorded a positive Ebitda of around Rs 14 crore, which means it is operationally profitable, even as one of its investors marked its valuation down to $2.8 billion. This and more in today’s ETtech Morning Dispatch.

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US investor Janus Henderson cut PharmEasy valuation by half to $2.8 billion

The global investor, which picked a stake in PharmEasy in September 2021, has reduced the valuation of its holding in the firm by half, which would translate to an approximate valuation of around $2.8 billion as of December 31, 2022.

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Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada

LGES and Stellantis announced the investment last year to establish a large-scale, domestic, electric vehicle battery manufacturing facility in Canada.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...