Thursday, July 22, 2021

Filing: Kakao Bank, South Korea's largest internet-only bank, plans to raise $2.2B in its IPO, sets its shares at ~$34 each at a valuation as high as ~$16B (Reuters)

Reuters:
Filing: Kakao Bank, South Korea's largest internet-only bank, plans to raise $2.2B in its IPO, sets its shares at ~$34 each at a valuation as high as ~$16B  —  SEOUL (Reuters) -South Korean digital bank Kakao Bank Corp will raise $2.2 billion in its initial public offering (IPO), the company said in a filing on Thursday.



The Cyberspace Administration of China passed an order banning minors from appearing online in live-streaming ads, online courses with "vulgar" content, more (Simon Sharwood/The Register)

Simon Sharwood / The Register:
The Cyberspace Administration of China passed an order banning minors from appearing online in live-streaming ads, online courses with “vulgar” content, more  —  No rudeness.  No cute kids spruiking tat.  No violence.  No fan frenzies.  And no smutty emoticons



Tata gets bullish on e-commerce just as rules threaten to transform market

India's Tata Group is taking a more vocal interest in rules shaping online marketplaces, hinting at ambitions as it reappraises its retail strategy just as e-commerce reform threatens to muddy plans. https://ift.tt/3iur5K0

Facebook decided faith groups are good for business. Now, it wants your prayers

The tech giant sees worshippers as a vital community to drive engagement on the platform. https://ift.tt/3znjeoj

Reliance vs Amazon: CCI's 'bad news' for Amazon is 'good news' for Future Retail

CCI has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the U.S. e-commerce giant seen by Reuters showed. The letter complicates Amazon's bitter legal battle with Future Group over the Indian's firm's decision to sell its retail assets to Reliance Industries. https://ift.tt/2UB4ymQ

Jeff Bezos' comments on workers after spaceflight draw rebuke

"I want to thank every Amazon employee, and every Amazon customer because you guys paid for all this," the 57-year-old Bezos said during a news conference Tuesday after becoming the second billionaire in just over a week to ride in his own spacecraft. https://ift.tt/3eLAsE1

Google Maps to help users avoid crowded travel in 100 countries

Google has expanded the number of cities where Maps offers information about public transport crowding, and would provide transit crowdedness predictions for over 10,000 transit agencies in 100 countries around the world. https://ift.tt/3zn51rn

TCL 10 Tab Max 4G/ Wi-Fi, Tab 10 4G FHD, Tab 10s Tablets Launched in India

TCL 10 Tab Max 4G, TCL 10 Tab Max (Wi-Fi), TCL Tab 10 4G FHD, and TCL Tab 10s (Wi-Fi) have been launched in India as the company's first lineup of tablets. TCL 10 Tab Max 4G was originally launched... https://ift.tt/3Br0EgW

Sennheiser IE 100 Pro In-Ear Monitors With Bluetooth Connector Launched in India, Starting at Rs. 9,900

Sennheiser IE 100 Pro earphones come in two variants – wired and wireless. They are offered in three colours and support dynamic drivers. It has dynamic 10-mm broadband transducer for powerful,... https://ift.tt/3BubnY1

Samsung Galaxy A51 Getting Latest Android Security Patch: Report

Samsung Galaxy A51 is reportedly getting the July 2021 Android security patch with an update. There are also some unknown new features and user-facing improvements with the update that is rolling out... https://ift.tt/3kLkuh0

Concerns over China's online influence campaigns overseas, while valid, are often overblown as there is little evidence to show campaigns are actually working (Just Security)

Just Security:
Concerns over China's online influence campaigns overseas, while valid, are often overblown as there is little evidence to show campaigns are actually working  —  On April 27, 2021, Tristan Harris, a tech critic and former Google employee, warned at a U.S. Senate hearing that we are facing …



India's antitrust regulator accuses Amazon of concealing facts when it sought approval for a 2019 investment in a Future Group unit, according to a June letter (Aditya Kalra/Reuters)

Aditya Kalra / Reuters:
India's antitrust regulator accuses Amazon of concealing facts when it sought approval for a 2019 investment in a Future Group unit, according to a June letter  —  India's antitrust regulator has accused Amazon.com Inc (AMZN.O) of concealing facts and making false submissions when it sought approval …



No Urgency on Pleas Against WhatsApp Privacy Policy: Delhi High Court

There is no urgency now in hearing pleas challenging WhatsApp's new privacy policy as the instant messaging platform has already made a statement that it would "not transfer data" to Facebook till... https://ift.tt/3hU0ffh

Watch the Trailer for Netflix's The Witcher Prequel Anime Movie

The Witcher: Nightmare of the Wolf teaser trailer has arrived, alongside a trailer breakdown from The Witcher showrunner Lauren Schmidt Hissrisch. Netflix has set an August 23 release date for The... https://ift.tt/3eJI7Tb

Smartphone Sales in India Fell 13 Percent During Second COVID-19 Wave: Report

India's smartphone sales fell 13 percent in the second quarter compared with the previous one as a second wave of COVID-19 infections hurt demand in the world's second biggest smartphone market, a... https://ift.tt/3hWfd4t

Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...