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  • Trending on the Ticker

  • Apple has seemingly acquired UK-based motion capture firm IKinema, reports MacRumors; IKinema offers real-time animation tools that map to human movements; UK business filings show Apple counsel Peter Denwood is now named as the director of IKinema, with his address listed as One Apple Park Way in CA; IKinema has also changed its address to one used by Apple Europe - Link

  • The We Company is set to announce job cuts as early as this month, reports Bloomberg; co-CEOs Artie Munson and Sebastian Gunningham, along with co-founder Miguel McKelvey, have told staff the firm plans to handle the layoffs “humanely”; the company is expected to cut as many as 2k roles - Link

  • HP says it plans to cut 7k to 9k jobs, the equivalent of 13 percent to 16 percent of its workforce; the firm expects the attrition will occur through 2020, and will be made up of voluntary retirement and targeted cuts; the restructuring comes as Enrique Lores takes over the CEO role from Dion Weisler - Link

  • SoftBank is struggling to raise money for its Vision Fund 2, according to Reuters sources; SoftBank initially set a target of $108B for the fund, but the report indicates it will likely be smaller; SoftBank itself is the only fully committed partner having pledged $38B; follows poor market performance from SoftBank-backed firms such as Slack and Uber, as well as The We Company’s canceled IPO; advisers to SoftBank CEO Masayoshi Son have suggested he delay the fund, but Son is keen to move forward - Link

  • India-based on-demand courier firm Dunzo raises $45M Series D from Google, Lightbox Ventures, and others; the company offers local deliveries within cities; includes groceries, medicines, and more; has raised $78.5M to date - Link