Apple is looking to get over its sales woes in China but offering prospective customers interest-free financing with a little help from Alibaba. Apple’s China website now offers financing packages for iPhones that include zero percent interest packages provided in association with several banks and Huabei, a consumer credit company operated by Alibaba’s Ant Financial […]
Viber, the messaging app down by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform. The conventional wisdom is to work with content companies to help bring users to messaging platforms and keep them engaged but Viber, which has struggled […]
Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing announced this month that it aims to make mobile payments ubiquitous in rural areas by the end of 2020. The plan arrived in a set of guidelines (document link in Chinese) […]
Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its anchor LPs. Founded by former Gobi Ventures VC Victor Chua and Singaporean investor Darren Chua (no relation) one year ago, […]
Uber has said adamantly that it won’t exit India (or any more markets) following a hattrick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business? The answer could well be yes. If media reports are right, Uber is on the cusp of a tactical exit from India’s food […]
The Japanese spacecraft Hayabusa 2 has just completed the next phase of its multi-part, multi-year mission by shooting a bullet into the asteroid it had been circling and returning to space. Hopefully, the spacecraft has been able to collect samples of asteroid material kicked off from the surface by the impact from the specially made […]
China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from rivals. The company’s latest financial results show its video streaming business iQiyi posted a net loss of 9.1 billion yuan or $1.3 billion in 2018, […]
Facebook will end its unpaid market research programs and proactively take its Onavo VPN app off the Google Play store in the wake of backlash following TechCrunch’s investigation about Onavo code being used in a Facebook Research app the sucked up data about teens. The Onavo Protect app will eventually shut down, and will immediately […]
Calling all lunatics — the first fully private moon landing mission is about to take off from Cape Canaveral. A SpaceX Falcon 9 rocket carrying SpaceIL's Beresheet lander is set to take off an hour from now, at 5:45 Pacific time. Watch it right here!
The production business behind Reid Hoffman's 'Masters of Scale' podcast raised the funds from Hoffman himself, plus Cue Ball Capital, Burda Principal Investments and more.
I can’t tell you the number of times I’ve heard friends lament how difficult it is to find a decent calendar app. The stock calendar apps are certainly serviceable, but there’s so much that they can’t handle in terms of managing and prioritizing tasks. Sunsama, launching out of Y Combinator’s latest batch, is taking a […]
California, which has some of the strongest data breach notification laws in the U.S., thinks it can do even better. The golden state’s attorney general Xavier Becerra announced a new bill Thursday that aims to close loopholes in its existing data breach notification laws by expanding the requirements for companies to notify users or customers […]
Lime is hiring Ted Tobiason, former managing director in tech equity capital markets at Morgan Stanley, to serve as its chief financial officer. This comes following Lime’s behemoth $310 million Series D round earlier this month. Led by Bain Capital Ventures, Andreessen Horowitz, Fidelity Ventures, GV and IVP, the round values Lime at $2.4 billion. Lime, which got its […]
If you’re thinking about speed alone, you’re missing a world of possibilities for quantum computing.
Early on in Pokémon GO, you’re asked to make a decision: Which team do you want to be on? Instinct (Yellow)? Valor (Red)? Mystic (Blue)? The question comes a bit out of the blue. Especially amongst those who started early and have stuck with the game, it’s not uncommon to hear people grumble about how […]
A few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKitchens, to China. Kalanick didn’t respond to our request for more information, but according to the South China Morning Post (SCMP), his […]
Delivery company DoorDash is announcing that it has raised $400 million in Series F financing. Earlier this month, The Wall Street Journal reported that the company was looking to raise $500 million at a valuation of $6 billion or more. In fact, DoorDash now says the funding came at a $7.1 billion valuation. The round […]
The visual search engine has confidentially submitted paperwork to the Securities and Exchange Commission for an initial public offering slated for later this year, the WSJ reports.
Google is finally ending forced arbitration for its employees. These changes will go into effect for both current and future Google employees on March 21. While Google won’t reopen settled claims, current employees can litigate past claims starting March 21. For the contractors Google works with directly, it will remove mandatory arbitration from their contracts. […]
Twitter’s new prototype testing program isn’t the only way it’s working to fix conversations on its site. The company confirmed it’s currently running another public-facing test focused on making Twitter “more conversational” — but this time with Retweets instead of Replies. The test involves using a thin line to connect a quote-style retweet to the […]
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