Nikkei Asia:
Tracxn: ~$8.5B in VC funding was raised by Indian education startups from 2014 to 2021, with about half of that in 2021 alone, as they vie for US marketshare — Grab for market share takes on extra urgency as valuation woes and job cuts bite — AKITO TANAKA, Nikkei Asia chief business news correspondent …
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Monday, July 18, 2022
Tracxn: ~$8.5B in VC funding was raised by Indian education startups from 2014 to 2021, with about half of that in 2021 alone, as they vie for US marketshare (Nikkei Asia)
Sunday, July 17, 2022
Adam Neumann's Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash (Wall Street Journal)
Wall Street Journal:
Adam Neumann's Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash — Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked
Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global — Hivery, a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million …
Seattle-based Phaidra, which develops AI software to automate building controls for power plants and other industrial facilities, has raised a $25M Series A (Mark Bergen/Bloomberg)
Mark Bergen / Bloomberg:
Seattle-based Phaidra, which develops AI software to automate building controls for power plants and other industrial facilities, has raised a $25M Series A — Industrial production is one of the dirtiest corners of the corporate world. A startup from former Google engineers thinks it can clean it up with artificial intelligence.
Despite China's scrutiny of online credit, smaller services have proliferated in China, as the penetration rate of online microlending reached 69.2% in 2021 (Yaling Jiang/South China Morning Post)
Yaling Jiang / South China Morning Post:
Despite China's scrutiny of online credit, smaller services have proliferated in China, as the penetration rate of online microlending reached 69.2% in 2021 — Trams and cast-iron postboxes speak to the history of the city, while delicacies such as fishballs and egg waffles are street food essentials …
A look at YouTube's strategy that began in 2019 of signing Twitch streamers who have a network of collaborators to try and build its own game streaming culture (Nathan Grayson/Washington Post)
Nathan Grayson / Washington Post:
A look at YouTube's strategy that began in 2019 of signing Twitch streamers who have a network of collaborators to try and build its own game streaming culture — Listen — Gift Article — Where once the departure of Twitch stars for YouTube Gaming elicited shock and awe …
Saturday, July 16, 2022
Interview with MetaMask founders who say "we can't stop people from making Ponzis on blockchains" and "putting your money in cryptocurrencies is gambling" (Maxwell Strachan/VICE)
Maxwell Strachan / VICE:
Interview with MetaMask founders who say “we can't stop people from making Ponzis on blockchains” and “putting your money in cryptocurrencies is gambling” — Co-founder Aaron Davis says in his first joint interview with Dan Finlay that “it feels too little too late …
Report: in emails sent to three creators, Coinbase says it is "temporarily shutting down" its US affiliate program on July 19 and plans to relaunch it in 2023 (Moneycontrol)
Moneycontrol:
Report: in emails sent to three creators, Coinbase says it is “temporarily shutting down” its US affiliate program on July 19 and plans to relaunch it in 2023 — According to a Business Insider article, cryptocurrency exchange Coinbase will “temporarily shut down” its US affiliate-marketing programme on July 19.
Many rapid delivery startups, which surged during the pandemic, have either retreated or shut down after struggling to make the economics work (Arielle Pardes/Wired)
Arielle Pardes / Wired:
Many rapid delivery startups, which surged during the pandemic, have either retreated or shut down after struggling to make the economics work — Companies that promise groceries delivered in 15 minutes surged during the pandemic—but are now in retreat. — It took only eight months for Jokr …
Government plans to make tech companies pay for using content from news publishers
Experts say a ruling against Twitter in its lawsuit against content removal orders in India could let the government censor a wide swath of platforms and sites (Vittoria Elliott/Wired)
Vittoria Elliott / Wired:
Experts say a ruling against Twitter in its lawsuit against content removal orders in India could let the government censor a wide swath of platforms and sites — A ruling against the company could allow the government to censor a wide swath of platforms and set a global precedent.
As China builds up its vast surveillance and security apparatus, it is running up against growing public unease about data security and privacy in the country (New York Times)
New York Times:
As China builds up its vast surveillance and security apparatus, it is running up against growing public unease about data security and privacy in the country — Beijing's swift move to censor news about one of the largest known data breaches shows keen awareness of how major security lapses can harm its credibility.
Friday, July 15, 2022
Taiwan accuses Chinese Apple supplier of stealing commercial secrets
Celsius CEO said in a court filing that his company was owed $439M by a "private lending platform" that sources say is specialist finance company EquitiesFirst (Kadhim Shubber/Financial Times)
Kadhim Shubber / Financial Times:
Celsius CEO said in a court filing that his company was owed $439M by a “private lending platform” that sources say is specialist finance company EquitiesFirst — Specialist finance group owes $439mn to digital assets lender — A mysterious debtor to Celsius Network referenced …
A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna can achieve a $150B-$200B valuation (Financial Times)
Financial Times : A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna ...
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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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