Shein files confidentially to go public in the US
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Shein building, exterior view
Venture
Apple partner Foxconn to invest $1.5 billion in India
Manish Singh
Startups
European startup funding halved to $42B in 2023, says Atomico
Ingrid Lunden
Social
Reddit might once again be flirting with an IPO
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Security
Ukraine detains Victor Zhora, former top government cyber official
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The Latest
Venture
Apple partner Foxconn to invest $1.5 billion in India
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8:59 AM GMT+6:30•November 28, 2023
Foxconn intends to apply for India’s semiconductor manufacturing incentives despite exiting its $19.5 billion joint venture with Vedanta.
Fintech
Wind.app makes DeFi accessible to the average consumer
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11:30 AM GMT+6:30•November 28, 2023
An open red coin purse pictured against a white background
Enterprise
Amazon announces three new serverless offerings to kick off re:Invent
Ron Miller
@ron_miller / 11:30 AM GMT+6:30•November 28, 2023
AWS re:Invent 2021
Image Credits: Noah Berger/Getty Images for Amazon Web Services
Amazon kicked off AWS re:Invent, its annual customer conference, in Las Vegas tonight with a few new serverless offerings designed to make it easier to manage Aurora, Elastic Cache and Redshift serverless services.
Matt Wood, AWS VP, says that Aurora Serverless is great for getting up and running very quickly with a cloud database, but over time, once you get to very, very high scale, and you’re dealing with tens of millions of customers, or millions of different records, it becomes challenging for customers to deal with those kinds of numbers, forcing them to break the database into multiple pieces. “What you have to do as a customer to be able to kind of handle that scale, is you’ve traditionally had to split the data up into smaller and smaller segments, and then manage those segments independently.