Monday, April 6, 2020

Airbnb secures $1 billion investment from Silver Lake, Sixth Street

The investment, which was mixture of debt and equity, raises Airbnb's cash reserves to around $4 billion https://ift.tt/2URGvxv https://ift.tt/eA8V8J

Amazon pumps Rs 284 crore into food retail unit

This comes at a time when Amazon India is only selling essentials due to the lockdown restrictions and is witnessing high demand for grocery and food items. https://ift.tt/2Rc5Uj5 https://ift.tt/eA8V8J

Internet emerges as biggest infotainment source for consumers amid nationwide lockdown

Social media, gaming and entertainment have become the biggest stress-busters for people who also work from home https://ift.tt/2JJbsxj https://ift.tt/eA8V8J

SC issues guidelines for courts to switch to videoconferencing during Covid-19 pandemic

Courts should restrict entry and maintain social distancing, besides taking other measures to check the spread of Covid-19, a three-judge bench said. https://ift.tt/2RfoeHY https://ift.tt/eA8V8J

DMRC Result 2020 – AM, JE, Maintainer & Other CBT Result & Cutoff Marks Released

Desert Medicine Research Centre (DMRC) has released CBT result & cutoff marks for the post of Asst Manager, JE & other of Advt No. 01/2019.

DMRC 2020 – AM, JE, Maintainer & Other CBT Result & Cutoff Marks Released

Desert Medicine Research Centre (DMRC) has released CBT result & cutoff marks for the post of Asst Manager, JE & other of Advt No. 01/2019.

ICICI Bank's advisory for customers: 7 things not to miss while using internet banking and banking app during coronavirus lockdown

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Remove videos spreading Covid-19 lies: Govt to social media platforms

TikTok, Helo, Facebook told to remove contents allegedly trying to influence Muslims against safe practices https://ift.tt/2UPlPpu https://ift.tt/eA8V8J

Interview with Masayoshi Son on WeWork and the role of the Vision Fund within SoftBank, says he expects 15 companies in the Vision Fund portfolio to go bankrupt (Alex Konrad/Forbes)

Alex Konrad / Forbes:
Interview with Masayoshi Son on WeWork and the role of the Vision Fund within SoftBank, says he expects 15 companies in the Vision Fund portfolio to go bankrupt  —  Covering venture capital, software and startups  —  Between the WeWork debacle and the coronavirus, the markets …



Inside two weeks of turmoil at SoftBank, as Masayoshi Son was forced to take drastic action, including share buybacks, to shore up confidence in his tech empire (Financial Times)

Financial Times:
Inside two weeks of turmoil at SoftBank, as Masayoshi Son was forced to take drastic action, including share buybacks, to shore up confidence in his tech empire  —  How the Japanese billionaire was forced to take drastic action to shore up confidence in his tech empire



Telcos seek govt nod to self-KYC of new customers

In a letter to the telecom secretary Anshu Prakash dated April 2, COAI has proposed an end-to-end digital method to process a connection/porting request. https://ift.tt/2Rh7K28 https://ift.tt/eA8V8J

GoDaddy is acquiring Neustar's domain name registry services business and renaming it GoDaddy Registry; Neustar has about 12M domains (Andrew Allemann/Domain Name Wire)

Andrew Allemann / Domain Name Wire:
GoDaddy is acquiring Neustar's domain name registry services business and renaming it GoDaddy Registry; Neustar has about 12M domains  —  GoDaddy buys its first registry, implements governance model for conflicts of interest, and promises to keep domain prices in check.



Swiggy and Zomato settle for smaller cheques

The capital infusion comes at a time when the outbreak has significantly dented order volumes and fund-raising appetite. https://ift.tt/2wYWsZB https://ift.tt/eA8V8J

Samsung forecasts Q1 2020 operating profit of $5.2B, up 2.7% YoY, beating analyst estimates, and consolidated sales of ~$44B; stock is up 3%+ (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Samsung forecasts Q1 2020 operating profit of $5.2B, up 2.7% YoY, beating analyst estimates, and consolidated sales of ~$44B; stock is up 3%+  —  - Samsung said it expects 6.4 trillion Korean won ($5.23 billion) in first-quarter operating profit for 2020, up 2.7% from the 6.23 trillion won it posted for the same period a year earlier.



Supervised autonomous shuttles from Beep are being used to transport COVID-19 tests to the Mayo Clinic's processing location in Jacksonville, Florida (Sean O'Kane/The Verge)

Sean O'Kane / The Verge:
Supervised autonomous shuttles from Beep are being used to transport COVID-19 tests to the Mayo Clinic's processing location in Jacksonville, Florida  —  Each shuttle is shadowed by a human driving a regular car  —  Autonomous shuttles are being used to move COVID-19 tests from a Jacksonville …



MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...