Friday, May 8, 2020

Apple to Reopen Some Stores in the US Next Week

Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. https://ift.tt/3bdSpGR

Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic (Biz Carson/Protocol)

Biz Carson / Protocol:
Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic  —  The funding deal announced Thursday “reaffirms that not only Uber but major investors believe in this industry and believe in Lime,” Wayne Ting said.



8 Labs approved for testing PPE Coveralls in India

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Google, Facebook Extend Work-From-Home Plans

Google and Facebook have told most employees to keep working from home for the rest of the year as part of a response by the tech giants to the deadly coronavirus pandemic. https://ift.tt/2LfCCNc

SJM's Ashwani Mahajan raises concern over foreign funded e-pharmacies

Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations, home lab tests and e-pharmacy. https://ift.tt/3fyi3cF https://ift.tt/eA8V8J

US Rule May Allow Huawei and US Firms to Work Together on 5G Standards

The US Department of Commerce is close to signing off on a new rule that would allow US companies to work with China's Huawei Technologies on setting standards for next generation 5G networks, people... https://ift.tt/3beXbUw

Saudi, US Firms May Invest in Reliance Jio

Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have... https://ift.tt/3dvNqTq

Kingsoft Cloud, a China-based cloud service provider, closed up 40% on its trading debut on Nasdaq, after raising $510M in its IPO, and is now valued at $4.77B (Bloomberg)

Bloomberg:
Kingsoft Cloud, a China-based cloud service provider, closed up 40% on its trading debut on Nasdaq, after raising $510M in its IPO, and is now valued at $4.77B  —  - Beijing-based cloud computing company raised $510 million  — IPO is the biggest by a Chinese company in U.S. this year



Judo Bank, an Australia-based neobank that provides loans to SMBs, raises $147M Series C, bringing its total equity funding to ~$500M (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News:
Judo Bank, an Australia-based neobank that provides loans to SMBs, raises $147M Series C, bringing its total equity funding to ~$500M  —  Judo Bank, an Australian neobank that provides loans to small and medium-sized enterprises (SMEs), has raised $147 million in a Series C round of funding.



Cornershop, a grocery delivery service operating in Latin America that Uber said it would acquire last year, debuts in the US, launching in Miami and Dallas (Mariana López/Contxto)

Mariana López / Contxto:
Cornershop, a grocery delivery service operating in Latin America that Uber said it would acquire last year, debuts in the US, launching in Miami and Dallas  —  Don't worry, we speak : Español (Spanish), too!  —  Contxto - Chilean-Mexican Cornershop continues its expansion.



Mi 10 vs OnePlus 7T: Price in India, Specifications Compared

Xiaomi Mi 10 and last year's OnePlus 7T, both boast impressive specifications like octa-core processors and 8GB of RAM. So, let's compare the two phones to see how similar or different they... https://ift.tt/35KckvK

Ex-Google engineer James Damore and three other men who alleged hiring bias ask the court to dismiss their lawsuit after reaching an agreement with the company (Robert Burnson/Bloomberg)

Robert Burnson / Bloomberg:
Ex-Google engineer James Damore and three other men who alleged hiring bias ask the court to dismiss their lawsuit after reaching an agreement with the company  —  A lawsuit that made a big bang in Silicon Valley two years ago with allegations of mistreatment of politically conservative tech workers came to a quiet end this week.



Saudi, US firms eye stakes in Jio Platforms

The potential investments would inject money on top of the $8 billion which Jio Platforms has already raised. https://ift.tt/2YN4Jek https://ift.tt/eA8V8J

Digital rights group moves IT panel on data privacy in Aarogya Setu app

IIF urged that the hearing should specially involve medical health professionals, academics from IITs and digital rights and public policy experts to provide inputs. https://ift.tt/2YMdfKB https://ift.tt/eA8V8J

India tops Zoom downloads in April

Zoom was the most downloaded non-game app worldwide for April 2020 with close to 131 million installs, a 60x growth from April 2019 https://ift.tt/3fzNG5u https://ift.tt/eA8V8J

SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

Reuters : SpaceX's S-1 excerpts list “manufacturing our own GPUs” among the “substantial capital expenditures” it is undertaking, wit...