Ryan Vlastelica / Bloomberg:
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 — - Shares are poised for their eighth straight month of gains — Yearly rise nearly twice as much as Facebook, Microsoft
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Tuesday, August 31, 2021
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 (Ryan Vlastelica/Bloomberg)
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans (MIT Technology Review)
MIT Technology Review:
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — By capturing 40 pieces of data per person—from iris scans and family links to their favorite fruit—a system meant to cut fraud …
At the behest of South Korean regulators, payments service Kakao lowers its IPO target to ~$1.3B at the top of the range, down from ~$1.4B (Sohee Kim/Bloomberg)
Sohee Kim / Bloomberg:
At the behest of South Korean regulators, payments service Kakao lowers its IPO target to ~$1.3B at the top of the range, down from ~$1.4B — - Regulators asked the startup to revise its IPO prospectus — Krafton's lukewarm debut has soured sentiment domestically
TikTok parent ByteDance acquires VR headset maker Pico
Google says it removed 95,680 content pieces in July in India
Tata Tigor EV Launched in India: All You Need to Know
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores (Jiyoung Sohn/Wall Street Journal)
Jiyoung Sohn / Wall Street Journal:
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc …
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October (Bloomberg)
Bloomberg:
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged (Dave Lee/Financial Times)
Dave Lee / Financial Times:
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged — Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall — Shares in Just Eat Takeaway …
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain (Kartikay Mehrotra/Bloomberg)
Kartikay Mehrotra / Bloomberg:
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal (Reuters)
Reuters:
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …
LG UltraGear Gaming Speaker GP9 With Hi-Res Audio, RGB Lighting Launched
Google Pixel 5a Users Are Complaining of Overheating, Touchscreen Issues
New Rechargeable Batteries Can Store Up to Six Times More Charge
Monday, August 30, 2021
Flip, a social commerce app with 1M+ downloads that mixes customer reviews with live shopping shows, raises $28M Series A led by Streamlined Ventures (Christine Hall/TechCrunch)
Christine Hall / TechCrunch:
Flip, a social commerce app with 1M+ downloads that mixes customer reviews with live shopping shows, raises $28M Series A led by Streamlined Ventures — Social commerce startup Flip is mixing live commerce mobile apps with real customer reviews to improve the buying experience and opportunity for the creator economy.
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...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...