Strong user growth drives Bumble's revenue beat, upbeat forecast

Bumble Inc forecast current-quarter revenue above estimates on Wednesday after beating expectations for the first, as more people turned to its online dating app to socialize while staying indoors during the COVID-19 pandemic. https://ift.tt/2Qd2nUf

Facebook-backed crypto project Diem to launch US stablecoin in major shift

The association, which comprises 26 financial firms and non-profits, said it was relocating its main operations from Switzerland to the United States and withdrawing its payment system license application with the Swiss financial regulator. https://ift.tt/3odudwr

Asus Zenfone 8, Zenfone 8 Flip with Snapdragon 888 processor launched globally

Asus has launched its latest flagship smartphones — the Asus Zenfone 8 and Asus Zenfone 8 Flip globally. Both the smartphones are powered by the most powerful Qualcomm Snapdragon 888 processor. The handsets run Android 11 operating system and feature full HD+ display. https://ift.tt/2R5QnEJ

Alphabet Waymo self-driving unit CFO following CEO out the door

Waymo confirmed that CFO Ger Dwyer is leaving the company. Also leaving is Adam Frost, the head of automotive partnerships. The departures come just after the exit of CEO John Krafcik, who was replaced by two co-executives. https://ift.tt/3eIgqLa

Tesla CEO Elon Musk halts use of bitcoin for car purchases

Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency. https://ift.tt/3eGkfjH

Ether Price Hits Record High as 2021 Gains Near 500 Percent

Cryptocurrency Ether hit another record high on Wednesday, taking gains this year to close to 500 percent on the back of growing interest in decentralised finance applications and increasing... https://ift.tt/3bnaZPC

Tesla Halts Use of Bitcoin for Purchases, CEO Elon Musk Tweets

Tesla will no longer accept Bitcoin for car purchases, CEO Elon Musk said on Wednesday, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency. https://ift.tt/2RgdhZR

Behind the online battle between notable tech figures including A16Z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry (Benjamin Wallace/New York Magazine)

Benjamin Wallace / New York Magazine:
Behind the online battle between notable tech figures including A16Z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry  —  Late last fall, the New York Times was preparing a bombshell article about Coinbase, a financial exchange that had become …

SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M (Shiri Habib-Valdhorn/Globes Online)

Shiri Habib-Valdhorn / Globes Online:
SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M  —  The Israel company, which has developed a platform for understanding online behavior by monitoring traffic on the web and mobile apps, has raised $165 million.

TikTok India head Nikhil Gandhi quits

After the company folded its India business, Gandhi was recently redesignated as TikTok Head for the Middle East, Africa, Turkey and South Asia. https://ift.tt/3eJibaO

Amazon app quiz May 13, 2021: Get answers to these five questions to win OnePlus smart TV for free

Results of today’s quiz will be announced on May 14. https://ift.tt/3eFLjzC

Redmi Note 10S and Redmi smartwatch to launch in India today at 12pm: How to watch live stream

Redmi Note 10S and Redmi smartwatch will launch in India today. The company has scheduled an online event to unveil the devices. The smartphone is listed on commerce website Amazon and will come powered by MediaTek Helio G95 chipset. https://ift.tt/33DQQR1

Flipkart daily trivia quiz May 13, 2021: Get answers to these five questions to win gifts and discount vouchers

Only the first 50,000 participants will be eligible for the quiz prize. https://ift.tt/3uVTopT

Munich-based parcelLab, which helps retailers send automated personalized shipping messages to their customers, raises $112M Series C led by Insight Partners (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Munich-based parcelLab, which helps retailers send automated personalized shipping messages to their customers, raises $112M Series C led by Insight Partners  —  Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million …

9 gadgets that help monitor oxygen levels, sanitise items and more to fight Covid

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