Monday, March 11, 2019

E-commerce, consumer internet firms raised over $7B in PE & VC capital in 2018: EY

Deals that stood out include - Walmart's acquisition of Flipkart at $16 billion, Alibaba's investment in BigBasket and Paytm, Tencent's investment in Dream11, and Naspers investment in Byju's and Swiggy. https://ift.tt/2VNC8kB https://ift.tt/eA8V8J

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Meta's decision to deprioritize VR in favor of AI and internet-connected glasses has chilled the VR industry, leading to concerns about its future (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC : Meta's decision to deprioritize VR in favor of AI and internet-connected glasses has chilled the VR industry...