Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020 (Edward Ludlow/Bloomberg) #GeekLeap

Susanne Barton / Bloomberg: Binance plans to launch an area service for Japan residents in the summertime and discontinue its world service for customers within the nation on November 30, 2023  —  Binance is creating a brand new platform for residents in Japan with a purpose to absolutely adjust to…

Bloomberg: US Commerce Secretary Gina Raimondo says the US “will not tolerate” China’s ban on Micron chips and calls the choice an “financial coercion”  —  Commerce Secretary Gina Raimondo stated the US “will not tolerate” the current determination by Chinese language authorities to ban chips … #Commerce #Secretary #Gina #Raimondo…

Tracy Wen Liu / Wired: Supply and evaluation: PDD-owned Temu is shedding a mean of $30 per order and between $588M to $954M per 12 months, because it tries to interrupt into the US market  —  The Chinese language buying app is topping app shops within the US.  However it’s…