Wall Street Journal:
Sources: Marvell Technology is nearing a deal to buy semiconductor company Inphi Corp. for as much as $10B, to help expand its reach in networking — Deal valued at about $10 billion could come as soon as this week — Marvell Technology Group Ltd. is nearing a deal to buy Inphi …
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Wednesday, October 28, 2020
Sources: Marvell Technology is nearing a deal to buy semiconductor company Inphi Corp. for as much as $10B, to help expand its reach in networking (Wall Street Journal)
Section 230 hearing never mentioned 2018's FOSTA-SESTA law, which, with the full support of Facebook, resulted in over-moderation, hurting smaller sites (Casey Newton/Platformer)
Casey Newton / Platformer:
Section 230 hearing never mentioned 2018's FOSTA-SESTA law, which, with the full support of Facebook, resulted in over-moderation, hurting smaller sites — What is it going to take to get good tech policy in America? — 1 hr — An error message is seen as Sen. Rick Scott (R-FL) …
Facebook and Instagram mislabeled some posts on Nigeria's EndSARS protests as "fake news", while Twitter actively boosted posts on the mostly peaceful protests (Uwagbale Edward-Ekpu/Quartz)
Uwagbale Edward-Ekpu / Quartz:
Facebook and Instagram mislabeled some posts on Nigeria's EndSARS protests as “fake news”, while Twitter actively boosted posts on the mostly peaceful protests — The two and a half week-long #EndSARS protests in Nigeria against police brutality has garnered attention …
Samsung reports operating profit of $10.9B in Q3, up 59% YoY, on highest ever quarterly revenue of $59B, up 8% YoY, due to strong demand for its smartphones (Shara Tibken/CNET)
Shara Tibken / CNET:
Samsung reports operating profit of $10.9B in Q3, up 59% YoY, on highest ever quarterly revenue of $59B, up 8% YoY, due to strong demand for its smartphones — While the pandemic continues to rage, consumers are buying phones and other electronics again. — The pandemic-caused lull …
Andhra Pradesh Wants to Ban EA.com and 131 More Sites to Prevent Gambling
Marriott International announces partnership with Grab in six Southeast Asian countries
The COVID-19 pandemic has hit the hospitality industry especially hard, and hotels around the world are looking for ways to regain revenue. Today, Marriott International and Grab announced a partnership that will cover the hospitality giant’s dining businesses in six Southeast Asian countries: Singapore, Indonesia, Malaysia, the Philippines, Vietnam and Thailand.
Instead of room bookings, Marriott International deal with Grab focuses on about 600 restaurants and bars at its properties in the six Southeast Asian countries, which will start being added to GrabFood’s on-demand delivery platform in November. A joint announcement from the companies said the deal represents Marriott International’s “first extensive integration with a super app platform in Southeast Asia and Grab’s most comprehensive agreement with a hospitality group to date.”
Marriott International is the world’s largest hotel company. During the second quarter, as the pandemic curtailed travel and in-person events, it reported a loss of $234 million, compared to the profit of $232 million it had recorded a year earlier. Chief executive Arne Sorenson called it “the worst quarter we have ever seen,” even though business is gradually recovering in China.
The Marriott-Grab integration means the two companies will link their loyalty programs, so GrabRewards points can be converted to Marriott Bonvoy points, or vice versa. Marriott International’s restaurants and bars that accept GrabPay will also have access to Grab’s Merchant Discovery platform, which will allow them to ping users about local deals and includes a marketing campaign platform called GrabAds.
Other hospitality businesses that Grab already partners with include Booking.com and Klook. Klook is among several travel-related companies that have recalibrated to focus on “staycations,” or services for people who can’t travel during the pandemic, but still want a break from their regular routines.
Genshin Impact, a freemium mobile RPG, grossed $245M in worldwide player spending in its first month, making it one of the largest mobile game launches ever (Craig Chapple/Sensor Tower Blog)
Craig Chapple / Sensor Tower Blog:
Genshin Impact, a freemium mobile RPG, grossed $245M in worldwide player spending in its first month, making it one of the largest mobile game launches ever — Global blockbuster Genshin Impact from miHoYo has amassed $245 million in player spending during its first month …
Sidekick Health raises $20 million Series A for its gamified digital care service that focuses on chronic disease management (Natasha Lomas/TechCrunch)
Natasha Lomas / TechCrunch:
Sidekick Health raises $20 million Series A for its gamified digital care service that focuses on chronic disease management — Nordic digital therapeutics company, Sidekick Health, has closed a $20 million Series A led by pan-European VC Wellington Partners and healthcare focused VC Asabys Partners.
TikTok and parent ByteDance have filed a suit against Triller in response to Triller's suit filed in July that alleges ByteDance infringed on one of its patents (Bloomberg)
Bloomberg:
TikTok and parent ByteDance have filed a suit against Triller in response to Triller's suit filed in July that alleges ByteDance infringed on one of its patents — - Lawsuit seeks ruling TikTok doesn't infringe rival's patent — Both video-streaming companies are in take-over negotiations
Tuesday, October 27, 2020
Facebook Derails Deception Campaign Ahead of US Presidential Election
Net Neutrality: US FCC Votes to Maintain 2017 Repeal of Rules
Cyperpunk 2077 Delayed by 21 Days to December 10
OnePlus Watch Launch Postponed Indefinitely, Tipster Claims
Inside Andon Market, billed as the first retail boutique run by an AI agent; the Andon Labs experiment uses a Claude Sonnet 4.6-based agent to run the boutique (Heather Knight/New York Times)
Heather Knight / New York Times : Inside Andon Market, billed as the first retail boutique run by an AI agent; the Andon Labs experiment ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...