Thursday, September 10, 2020

Times Internet revenues up 24% to Rs 1,625 crore in FY20

Monthly users grew 23% to 557 million while daily active users increased to 111 million https://ift.tt/3kj167N https://ift.tt/eA8V8J

Coin Metrics: Coinbase-backed stablecoin USDC's supply has grown more than 250% this year to reach $1.8B, while Binance's BUSD offerings grew 725% to $255M (Alexander Behrens/Decrypt)

Alexander Behrens / Decrypt:
Coin Metrics: Coinbase-backed stablecoin USDC's supply has grown more than 250% this year to reach $1.8B, while Binance's BUSD offerings grew 725% to $255M  —  Supply of USDC, the Coinbase-backed stablecoin pegged to the US dollar, has grown 80% since July and is showing no signs of slowing down.



Trump says there will be no extension of TikTok deadline

ByteDance has been looking to pick a buyer so it can finalize a deal by mid-September and comply with Trump's order to divest TikTok's assets. https://ift.tt/3hofLMJ https://ift.tt/eA8V8J

Internet platforms rush to get a pie of growing Insurance market

Companies offer low cost, low commitment, fully digital services https://ift.tt/3bKbxOm https://ift.tt/eA8V8J

Influencers may have to verify before pushing

Draft guidelines to curb misleading advertisements with an entire section on due diligence https://ift.tt/35os5u6 https://ift.tt/eA8V8J

Sources: Opendoor, which directly buys and sells homes online, is in talks to go public via merger with Social Capital II, valuing the combined company at ~$5B (Bloomberg)

Bloomberg:
Sources: Opendoor, which directly buys and sells homes online, is in talks to go public via merger with Social Capital II, valuing the combined company at ~$5B  —  - Transaction could be valued at around $5 billion, people said  — Blank-check company is led by chairman Chamath Palihapitiya



Trump says "there will be no extension of the TikTok deadline", as sources say ByteDance will likely miss the WH deadline to sell TikTok's US operations (Bloomberg)

Bloomberg:
Trump says “there will be no extension of the TikTok deadline”, as sources say ByteDance will likely miss the WH deadline to sell TikTok's US operations  —  - China's regulators plan to review technical details of deal  — Microsoft and Oracle have not been dissuaded by China move



Wednesday, September 9, 2020

Ex-NSA chief Keith Alexander joins Amazon board

https://ift.tt/35olKif

Redmi Note 9 with full HD+ screen and 48MP quad camera to go on sale today via Amazon

Redmi Note 9 has a 6.53-inch full HD+ Dot notch display having 2340x1080 pixel resolution. It comes with a starting price of Rs 13,499. https://ift.tt/32f8omE

Facebook, Google, Twitter Urged by EU to Do More Against Fake News

Two years after agreeing to a self-regulatory code of practice to tackle disinformation, Facebook, Alphabet's Google, Twitter and other tech rivals must try harder to be more effective, the European... https://ift.tt/3ib8UaR

Samsung's Power-Packed Galaxy M31s With 64MP Intelli-Cam Is the Phone for Indian Millenials

Galaxy M31s is a pretty good option for those looking to buy a new phone around the Rs. 20,000 price point. https://ift.tt/3jY6KM4

South Korea's Kakao Games surged 30% in its market debut, more than doubling from their listing price, raising ~$323.7M from the IPO (Eustance Huang/CNBC)

Eustance Huang / CNBC:
South Korea's Kakao Games surged 30% in its market debut, more than doubling from their listing price, raising ~$323.7M from the IPO  —  - South Korea's Kakao Games surged in their Thursday market debut on the Kosdaq, more than doubling from their listing price shortly after trading began.



Red Hat and parent IBM announce Red Hat Marketplace, a new hybrid-cloud software marketplace with 50+ commercial partner products certified to run on OpenShift (Steven J. Vaughan-Nichols/ZDNet)

Steven J. Vaughan-Nichols / ZDNet:
Red Hat and parent IBM announce Red Hat Marketplace, a new hybrid-cloud software marketplace with 50+ commercial partner products certified to run on OpenShift  —  Want ready-to-run programs using OpenShift Kubernetes?  Red Hat and IBM have a selection of programs ready for you in the new Red Hat Marketplace.



The Latest Flagship-Like Camera Features on Galaxy A71, Galaxy A51 Make Them an Awesome All-Rounder

From capturing beautiful photos and videos to offering the best performance in its segment, these Galaxy A-series phones are the ideal for India's youth during the new normal. https://ift.tt/324RjM0

Instagram says it has created an equity team to address bias in product development, updated hate speech policies, and is seeking to hire a new diversity lead (Megan Rose Dickey/TechCrunch)

Megan Rose Dickey / TechCrunch:
Instagram says it has created an equity team to address bias in product development, updated hate speech policies, and is seeking to hire a new diversity lead  —  Instagram announced some changes it's making that are geared toward advancing equity within its workplace.



Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots a...