Monday, August 30, 2021

China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure (Naoki Matsuda/Nikkei Asia)

Naoki Matsuda / Nikkei Asia:
China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure  —  Regulatory scrutiny and scandals put e-commerce leader on the ropes  —  SHANGHAI — China's crackdown on Big Tech has shifted …



China restricts children to 3 hours of online gaming per week

China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector. https://ift.tt/3joVsmJ

India must rethink on Mumbai concentration of data centres: Microsoft executive

Major global cities like Amsterdam and Singapore are shunning any new datacentres because they "suck out" power, and we need to be circumspect about concentrating all the capacities in or around the financial capital, a senior industry official said on Monday. https://ift.tt/3mZnwzx

Check Point Software acquires cloud email security company Avanan

Check Point Software Technologies said on Monday it acquired U.S.-Israeli cyber security company Avanan, which specialises in protecting email, where most cyber attacks begin. https://ift.tt/3zypURc

Fossil announces Gen 6 Touchscreen smartwatch with a Snapdragon Wear 4100+ processor, starting at $299, and says it won't get Wear OS 3 until sometime in 2022 (Dieter Bohn/The Verge)

Dieter Bohn / The Verge:
Fossil announces Gen 6 Touchscreen smartwatch with a Snapdragon Wear 4100+ processor, starting at $299, and says it won't get Wear OS 3 until sometime in 2022  —  A new Qualcomm processor promises better battery life  —  Fossil has announced its fall 2021 smartwatch lineup running Wear OS, which it is calling the Gen 6 Touchscreen.



Whoop, which makes a fitness tracker and sells a subscription-based health coaching app, raises $200M from SoftBank's Vision Fund 2 at a valuation of $3.6B (Miles Kruppa/Financial Times)

Miles Kruppa / Financial Times:
Whoop, which makes a fitness tracker and sells a subscription-based health coaching app, raises $200M from SoftBank's Vision Fund 2 at a valuation of $3.6B  —  Funding enables fitness tracker start-up to challenge tech giants in health monitoring business  —  Whoop, which makes a fitness tracker …



Realme 8, Realme 8 5G, and Other Realme Phones Get a Price Hike in India

Realme 8, Realme 8 5G, Realme C11 (2021), Realme C21, and Realme C25s price in India has been hiked by up to Rs. 1,500. The price hike is applicable across all channels, and it reflects online through... https://ift.tt/3BjA3Bq

Zebronics FIT4220CH review: A Feature-Packed Smartwatch that Lacks Polish

The Zebronics ZEB-FIT4220CH could be a good deal given the features it offers at an affordable price, but all is not as it seems. https://ift.tt/3yr9f0f

Xiaomi 12 Tipped to Feature Three 50-Megapixel Rear Cameras

Xiaomi 12 is reported to be in the development phase. A fresh leak suggests that the phone may come with three 50-megapixel sensors – 50-megapixel main, 50-megapixel ultra-wide, and 50-megapixel... https://ift.tt/3BouSAh

CryptoPunks Ethereum-Based NFT Project Hits $1 Billion in Lifetime Sales

CryptoPunks - the popular non-fungible token (NFT) project - breached the $1 billion (roughly Rs. 7,330 crores) mark in all-time sales on August 28 to become only the second NFT project to have... https://ift.tt/2WCngLD

China's Regulatory Crackdown at a Glance: From Bitcoin to Ride-Hailing Apps

China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment. https://ift.tt/38myBls

Zomato Brings a Change in Cutlery Option While Ordering Food: All Details

Zomato has announced an update for its app where it will change the default settings for the cutlery option. Users will now have to opt in to get cutlery instead of opting out. The food delivery... https://ift.tt/2Y0xsxY

Who Holds DOGE? Major Sum of Dogecoin Is Being Held by Only 535 Entities

A gargantuan sum of DOGE 106 billion, comprising 82 percent of the supply, is held on-chain by only 535 entities. These entities hold over DOGE 10 million each. Read all about it. https://ift.tt/3kzN2bI

ByteDance acquires VR headset maker Pico; according to IDC, Pico was the third-largest VR headset maker globally in Q1 2021 with shipments up 44.7% YoY (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
ByteDance acquires VR headset maker Pico; according to IDC, Pico was the third-largest VR headset maker globally in Q1 2021 with shipments up 44.7% YoY  —  - TikTok owner ByteDance has made its first foray into virtual reality (VR) through the acquisition of a start-up called Pico.



State media says China is restricting online gaming time of minors to 3 hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
State media says China is restricting online gaming time of minors to 3 hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays  —  - The country is imposing its strictest limits yet on play time  — Beijing is waging a campaign to groom productive youths



A profile of Tahnoun bin Zayed al Nahyan, the chess-obsessed intelligence chief who oversees UAE's $1.5T sovereign wealth and wants to make UAE an AI superpower (Bradley Hope/Wired)

Bradley Hope / Wired : A profile of Tahnoun bin Zayed al Nahyan, the chess-obsessed intelligence chief who oversees UAE's $1.5T sover...