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US plans for defending Taiwan involve creating an "unmanned hellscape" of drones

TechSpot

At the International Institute for Strategic Studies' annual Shangri-La Dialogue (via Wired), US Indo-Pacific Command chief Navy Admiral Samuel Paparo talked about the plan to defend Taiwan in the event of a Chinese invasion: "I want to turn the Taiwan Strait into an unmanned hellscape using a number of classified.

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Axiom proposes Taiwan's semi giants to manufacture chips in space

TechSpot

Axiom Space is a Houston-based firm that runs end-to-end missions to the International Space Station. It recently visited Taiwan to propose the idea of producing chips in space. Leading the charge was Dr. Koichi Wakata, Axiom's chief technology officer for Asia-Pacific and a former Japanese astronaut who was also once.

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McDonald’s suffers data breach in the US, South Korea, and Taiwan

The Verge

Unlike other recent attacks on CNA Financial and the Colonial Pipeline , McDonald’s claims it isn’t dealing with ransomware, but store information in the US was taken, along with some customer information in South Korea and Taiwan.

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Taiwan-based FunNow, an instant booking app, raises $15M Series B

TechCrunch

Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do. In Taiwan, FunNow’s biggest market, life was relatively normal until an uptick in cases triggered a lockdown from May to August, causing its revenue to decline sharply, but now it has returned to about 80% of its pre-pandemic performance.

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AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1% for the other funds.

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500 Startups unveils its Fall 2012 accelerator lineup: More international and more sh*t founders say

The Next Web

It is a rather interesting and complex set of startups in the group and could be considered the most international, diverse, and exciting group in the history of the accelerator program so far. 500 Startups has announced the 33 newest companies joining its accelerator program this Fall.

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Foxconn and TSMC strike deal to buy 10 million COVID vaccines for Taiwan

The Verge

Foxconn and TSMC, two Taiwanese giants of the international tech supply chain, have agreed to buy 10 million COVID-19 vaccine doses for the island in a move that dodges a standoff between Taipei and Beijing. Most of Foxconn’s manufacturing happens in China and other countries, but TSMC’s main operating base is in the Hsinchu region of Taiwan.

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