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Showing posts from 2021

A look at the burgeoning drone software and AI industry, a focus for an estimated 65 US startups, often for military uses (Patrick McGee/Financial Times)

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Patrick McGee / Financial Times : A look at the burgeoning drone software and AI industry, a focus for an estimated 65 US startups, often for military uses   —  Networked drones predicted to unleash host of new applications  —  In San Diego, the defence start-up Shield AI is designing software that will fly drones without any human involvement. from Techmeme https://ift.tt/3n8ylhZ

Experts say the Apple Watch has yet to change patient management as Apple's efforts in getting FDA approvals and broader acceptance among doctors are lacking (Patrick McGee/Financial Times)

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Patrick McGee / Financial Times : Experts say the Apple Watch has yet to change patient management as Apple's efforts in getting FDA approvals and broader acceptance among doctors are lacking   —  Device touted as ‘future of health’ has yet to change the way patients are treated, say experts from Techmeme https://ift.tt/3mOoOMF

Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B (Sabahatjahan Contractor/Reuters)

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Sabahatjahan Contractor / Reuters : Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B   —  German food delivery group Delivery Hero (DHER.DE) said on Friday it had signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo. from Techmeme https://ift.tt/3eF7PIo

Forecasts for tech's near future: AI-driven recommendations kill favorites, users opt into personalized ads, top talent will have Polygamous Careers, and more (Scott Belsky/Positive Slope)

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Scott Belsky / Positive Slope : Forecasts for tech's near future: AI-driven recommendations kill favorites, users opt into personalized ads, top talent will have Polygamous Careers, and more   —  How will work and life change in a material way over the next ~5 years?  This is the question I challenge myself to think about every year … from Techmeme https://ift.tt/3eLtgap

Russia's media regulator adds Netflix to its "audio-visual services" register, requiring it to offer 20 major Russian federal TV channels starting in March 2022 (The Moscow Times)

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The Moscow Times : Russia's media regulator adds Netflix to its “audio-visual services” register, requiring it to offer 20 major Russian federal TV channels starting in March 2022   —  Russia's state media watchdog will require Netflix to offer state television channels to its Russian customers … from Techmeme https://ift.tt/3FEubFD

Mexico's central bank plans to issue its own digital currency by 2024, joining Brazil and Peru as Latin American countries working on developing CBDCs (Andrés Engler/CoinDesk)

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Andrés Engler / CoinDesk : Mexico's central bank plans to issue its own digital currency by 2024, joining Brazil and Peru as Latin American countries working on developing CBDCs   —  The Central Bank of Mexico (Banxico) plans to launch a central bank digital currency (CBDC) by 2024, the Mexican government confirmed in a tweet on Wednesday evening. from Techmeme https://ift.tt/3Jvk9c5

Devices running BlackBerry 10 or OS 7.1 and earlier will lose key services like calling, texting, data usage, and 911 access starting January 4 (Brad Linder/Liliputing)

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Brad Linder / Liliputing : Devices running BlackBerry 10 or OS 7.1 and earlier will lose key services like calling, texting, data usage, and 911 access starting January 4   —  BlackBerry stopped shipping phones and tablets with its own software years ago, switching to Android in 2015 before shifting from a hardware company … from Techmeme https://ift.tt/3qBLVuZ

African tech startups raised a record $4B+ in 2021, more than 2019 and 2020 combined, with more $100M+ rounds than ever before (Tage Kene-Okafor/TechCrunch)

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Tage Kene-Okafor / TechCrunch : African tech startups raised a record $4B+ in 2021, more than 2019 and 2020 combined, with more $100M+ rounds than ever before   —  African VC reached new heights in 2021 at over $4 billion and there's never been a better time to be bullish  —  Two years ago, the African tech ecosystem saw newfound attention … from Techmeme https://ift.tt/3HlVHZ1

Umee, which is building a "cross chain DeFi hub" with interoperable tools that work across blockchains, raises $32M by selling its UMEE tokens (Aislinn Keely/The Block)

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Aislinn Keely / The Block : Umee, which is building a “cross chain DeFi hub” with interoperable tools that work across blockchains, raises $32M by selling its UMEE tokens   —  Umee, a protocol building interoperable tools for decentralized finance (DeFi) users, has raised an additional $32 million through a Coinlist sale of its native UMEE tokens. from Techmeme https://ift.tt/3qyKldr

Metaverse products from Meta, Microsoft, and others are just 3D virtual social spaces, and lack key features of the metaverse concept, chiefly interoperability (Will Oremus/Washington Post)

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Will Oremus / Washington Post : Metaverse products from Meta, Microsoft, and others are just 3D virtual social spaces, and lack key features of the metaverse concept, chiefly interoperability   —  Meta's ‘Horizon Worlds’ app, Microsoft and Roblox are capitalizing on a buzzword that's far from reality from Techmeme https://ift.tt/3eEl1go

Google pauses the rollout of its December update for the Pixel 6 and Pixel 6 Pro until late January after reports of calls dropping and disconnecting (Tim/Droid Life)

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Tim / Droid Life : Google pauses the rollout of its December update for the Pixel 6 and Pixel 6 Pro until late January after reports of calls dropping and disconnecting   —  In a bit of frustrating news, Google has confirmed that it has paused the December update for the Pixel 6 and Pixel 6 Pro, aka the first Feature Drop update for the two devices. from Techmeme https://ift.tt/3FMOG2X

Intel closes the first phase of the sale of its SSD and NAND businesses to SK hynix and says SK hynix's Solidigm subsidiary will operate the Dalian fab in China (Paul Alcorn/Tom's Hardware)

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Paul Alcorn / Tom's Hardware : Intel closes the first phase of the sale of its SSD and NAND businesses to SK hynix and says SK hynix's Solidigm subsidiary will operate the Dalian fab in China   —  Intel and SK hynix seal the first phase of the deal.  —  Intel announced this evening that it has closed the first phase … from Techmeme https://ift.tt/31aBKEZ

Shares of SenseTime, China's most valuable AI startup, rose 23% in early trading, after the company raised $740M in its Hong Kong IPO at a $16.4B valuation (Reuters)

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Reuters : Shares of SenseTime, China's most valuable AI startup, rose 23% in early trading, after the company raised $740M in its Hong Kong IPO at a $16.4B valuation   —  SenseTime Group (0020.HK) shares jumped as much as 23% from their initial public offering (IPO) price as they debuted on the Hong Kong Stock Exchange on Thursday. from Techmeme https://ift.tt/341NryN

Didi Global reports Q3 revenues of $6.6B, down 11.5% QoQ, and a net loss of $4.7B, as China's cybersecurity probe forced many of its apps to be taken down (Bloomberg)

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Bloomberg : Didi Global reports Q3 revenues of $6.6B, down 11.5% QoQ, and a net loss of $4.7B, as China's cybersecurity probe forced many of its apps to be taken down   —  Didi Global Inc. reported a massive $4.7 billion net loss for the quarter ended September as it navigates toward delisting its shares … from Techmeme https://ift.tt/3zb4DgX

Fortnite servers are back online after a major outage that lasted over five hours prevented players from logging on, among other issues (Richard Lawler/The Verge)

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Richard Lawler / The Verge : Fortnite servers are back online after a major outage that lasted over five hours prevented players from logging on, among other issues   —  The hit battle royale game told players “You do not have permission to play Fortnite.”  —  There was some bad news if you're on winter break and hoping … from Techmeme https://ift.tt/3FEDR35

Epic confirms Fortnite is experiencing a major outage preventing players from logging in and causing other issues, and says it is working on a fix (Austen Goslin/Polygon)

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Austen Goslin / Polygon : Epic confirms Fortnite is experiencing a major outage preventing players from logging in and causing other issues, and says it is working on a fix   —  No one knows when Fortnite servers will be back up  —  Fortnite's servers are currently offline, but Epic says that it's investigating the problem and working toward a solution. from Techmeme https://ift.tt/3z7sPAK

Google, Microsoft, and Oracle invest in potential cloud clients to beat AWS; Google claims 6% cloud market share, behind AWS at 41% and Microsoft at 20% (Wall Street Journal)

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Wall Street Journal : Google, Microsoft, and Oracle invest in potential cloud clients to beat AWS; Google claims 6% cloud market share, behind AWS at 41% and Microsoft at 20%   —  Alphabet company and others invest in potential clients as they look to close gap with Amazon in fast-growing sector from Techmeme https://ift.tt/3FE7O2V

China's control over online culture has grown under Xi's "common prosperity" drive, removing 20K influencers in 2021 and leaving mostly "wholesome" content (Eleanor Olcott/Financial Times)

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Eleanor Olcott / Financial Times : China's control over online culture has grown under Xi's “common prosperity” drive, removing 20K influencers in 2021 and leaving mostly “wholesome” content   —  Beijing's efforts to control online culture have increased since Xi's ‘common prosperity’ drive from Techmeme https://ift.tt/3JpmdCC

Indian B2B manufacturing services marketplace Zetwerk raises a $210M Series F led by Greenoaks at a $2.5B valuation, four months after raising $150M (Debarghya Sil/Inc42)

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Debarghya Sil / Inc42 : Indian B2B manufacturing services marketplace Zetwerk raises a $210M Series F led by Greenoaks at a $2.5B valuation, four months after raising $150M   —  D1 Capital, IIFL, ICONIQ, and Steadview Capital also participated in the new round  —  As per Inc42 analysis, the new round will help Zetwerk's valuation soar to $2.5 Bn from Techmeme https://ift.tt/3ezTnRS

Early pandemic winners, including Cathie Wood's ARK fund, Peloton, Zoom, Poshmark, DocuSign, Chegg, and Zillow, have seen their market value decline in 2021 (Laura Forman/Wall Street Journal)

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Laura Forman / Wall Street Journal : Early pandemic winners, including Cathie Wood's ARK fund, Peloton, Zoom, Poshmark, DocuSign, Chegg, and Zillow, have seen their market value decline in 2021   —  Those former tech sweethearts that experienced a reversal in fortune this year could remain in the dumps in 2022 from Techmeme https://ift.tt/3mB0Fcr

A California federal judge rules that Sundar Pichai can be questioned for up to two hours in a privacy lawsuit over Chrome's Incognito mode (Reuters)

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Reuters : A California federal judge rules that Sundar Pichai can be questioned for up to two hours in a privacy lawsuit over Chrome's Incognito mode   —  Dec 28 (Reuters) - Plaintiffs who accused Alphabet Inc's (GOOGL.O) Google of unlawfully tracking their internet use while on “Incognito” … from Techmeme https://ift.tt/3Hbicjg

Apple places Foxconn's southern India factory on probation following worker protests and an investigation that revealed substandard living conditions (Bloomberg)

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Bloomberg : Apple places Foxconn's southern India factory on probation following worker protests and an investigation that revealed substandard living conditions   —  - Foxconn apologized for lapses in worker living conditions  — Apple has asked for corrective actions before factory reopens from Techmeme https://ift.tt/3mI24hs

Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month (Jacky Wong/Wall Street Journal)

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Jacky Wong / Wall Street Journal : Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month   —  SenseTime has developed strong AI technology.  Next, it needs to figure out how to make money from it. from Techmeme https://ift.tt/3zeNX8f

Sources: Iranian hackers were behind the ransomware attack that took down some live streams for Cox radio and TV stations in early June (Catalin Cimpanu/The Record)

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Catalin Cimpanu / The Record : Sources: Iranian hackers were behind the ransomware attack that took down some live streams for Cox radio and TV stations in early June   —  The ransomware attack that crippled the IT systems and live streams of Cox radio and TV stations earlier this year was the work of Iranian hackers, The Record has learned. from Techmeme https://ift.tt/3Hb61D4

DeBank, which lets users track and analyze their DeFi investments, raises $25M led by Sequoia China at a $200M valuation (Tanzeel Akhtar/CoinDesk)

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Tanzeel Akhtar / CoinDesk : DeBank, which lets users track and analyze their DeFi investments, raises $25M led by Sequoia China at a $200M valuation   —  The latest funding brings DeBank's valuation to $200 million, according to the firm.  —  Decentralized finance (DeFi) portfolio firm DeBank has raised $25 million … from Techmeme https://ift.tt/3evah3V