China aims to shake US grip on chip design tools

Veteran engineers and high-level executives are leaving top US chip design toolmakers for Chinese rivals as Beijing seeks to break America’s near monopoly on this key segment of the semiconductor industry.

Three Chinese start-ups established since September last year were founded by or have hired executives and engineers from Synopsys and Cadence Design Systems of the US, the world’s two biggest makers of electronic design automation (EDA) tools, as such software is known.

The start-ups include Nanjing-based X-Epic, Shanghai Hejian Industrial Software and Hefei-based Advanced Manufacturing EDA Co, or Amedac, in which Synopsys owns a stake.

The push to recruit US chip tool talent comes as Washington’s crackdown on Huawei Technologies exposes key weaknesses in China’s chipmaking ecosystem, including in EDA tools, which are used to design integrated circuits, printed circuit boards and other electronic systems.

The US has long dominated the segment, with Synopsys, Cadence, Mentor Graphics and Ansys

Read More

PubMatic Aims For $100 Million IPO

PubMatic (PUBM) intends to raise $100 million from the sale of its Class A common stock in an IPO, according to an amended registration statement.

Redwood City, California-based PubMatic was founded to enable real-time programmatic advertising transactions via its specialized purpose-built advertising database and delivery infrastructure.

The system exists to help publishers and application developers monetize their advertising placement inventory in an efficient and reliable manner across different devices and platforms.

Management is headed by co-founder and CEO Rajeev Goel, who was previously product marketing director at SAP AG (SAP).

Below is a brief overview video of PubMatic:

Source: PubMatic

The firm provides a sell side advertising infrastructure platform within the digital advertising ecosystem, as shown in the graphic below:


In addition, PubMatic has integrated its system with demand side platforms such as The Trade Desk (TTD) and Google DV360 (GOOG).

PubMatic has received at least $96 million from investors

Read More

Airbnb aims for $35 billion valuation in long-awaited IPO

(Reuters) – Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public offering (IPO), in what would cap a stunning recovery in its fortunes after the U.S. home rental firm’s business was heavily damaged by the COVID-19 pandemic earlier this year.

FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo

In a regulatory filing, Airbnb set a target price range of between $44 and $50 apiece to sell 51.9 million shares, which would pull in $2.6 billion. Airbnb could end up selling $2.85 billion at the upper end of the range.

Of the shares being sold, Airbnb founders Brian Chesky, Joe Gebbia and Nathan Blecharczyk will together sell nearly $100 million worth of shares in the IPO launch.

Airbnb struggled

Read More

A New ‘Buy Black’ Campaign Aims to Avert an Amazon Surveillance State

Illustration for article titled A New Buy Black Campaign Aims to Avert an Amazon Surveillance State

Illustration: Angelica Alzona, Ben Currie, Photo: Ring, Shutterstock

After a summer of nationwide protests against unchecked state violence brutalizing Black people in America, Amazon’s ever-escalating push to make itself indispensable to daily police work is drawing fresh scrutiny from a host of leading civil rights advocates. The tech giant’s efforts to support and enhance police surveillance capabilities, aimed unevenly at communities of color, has given rise to a new digital campaign urging Americans to be more conscientious with their spending dollars—by giving that money instead to Black-owned businesses.

MediaJustice, a nonprofit working to grow grassroots movements against racial and economic inequality, launched the campaign, “Break Up With Amazon,” on Wednesday. It hopes over time to build a consumer coalition sizeable enough to force the world’s largest retailer to end its business practices that are secretly arming police with powerfully invasive tools. Specifically, its flawed facial

Read More

Commercial Aviation Crew Management Software Market to See Huge Growth by 2025 | AIMS, IBS Software Services, Hitit Computer Services

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (Heraldkeepers) —
A new business intelligence report released by HTF MI with title “Global Commercial Aviation Crew Management Software Market Report 2020” is designed covering micro level of analysis by manufacturers and key business segments. The Global Commercial Aviation Crew Management Software Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Sabre Corporation, Hexaware Technologies Ltd., AIMS Corporation, IBS Software Services, Hitit Computer Services, Jepessen Sanderson, Inc., Lufthansa Systems & Prolog Development Centre A/S.

What’s keeping Sabre Corporation, Hexaware Technologies Ltd., AIMS Corporation, IBS Software Services, Hitit Computer Services, Jepessen Sanderson, Inc., Lufthansa Systems & Prolog Development Centre

Read More

New agreement aims to spread Scandinavian design to Europe’s urban…

Danish design company out-sider is entering into an agreement for the right to sell Verner Panton’s iconic Cloverleaf sofa for urban spaces. “We want to spread this attractive Danish design to Europe’s many urban landscapes,” says Head of Development Ib Mogensen

Autumn 2020 saw design companies out-sider and Verpan enter into an agreement that gives out-sider the rights to sell Verner Panton’s iconic outdoor seating Cloverleaf. And it’s an agreement that sparks the enthusiasm of Ib Mogensen, who is the CEO of out-sider. For he has long sought to bring design classics to outdoor spaces:

“Not only do we get an iconic Danish design, but also what I feel architects and urban planners worldwide are lacking – namely, attractive design for outdoor and urban landscapes. For a number of years we have achieved success with urban furniture in the same category as Cloverleaf, and thanks to its flexibility, size

Read More

Summit aims for clean-up of shipping industry

Cargo ship
Cargo ship

Governments from around the world will try to reach agreement on a deal to clean up international shipping this week.

Scientists say ships are a key source of pollution, producing a billion tonnes in CO2 emissions each year.

That’s more than Germany produces and about 3% of the global total.

In 2018, the International Maritime Organization (IMO), the UN body which regulates the industry, agreed that international shipping had to act.

It promised to cut its greenhouse gas emissions by 50% by 2050, to make cuts before 2030 to curb pollution, and to get emissions to peak as soon as possible.

Since then, activists have accused the IMO and the industry of watering down hard won promises and ignoring the commitment they made.

They say the current proposals simply do not meet the required Paris targets.

A joint statement from a group of six non-governmental organisations warns: “This

Read More