Thursday, August 18, 2022
Flipkart Ventures to invest in 6 early-stage tech startups
Abu Dhabi-based AI company G42 and the Abu Dhabi Growth Fund announce a $10B fund to invest in late-stage tech companies in emerging markets (Adveith Nair/Bloomberg)
Abu Dhabi-based AI company G42 and the Abu Dhabi Growth Fund announce a $10B fund to invest in late-stage tech companies in emerging markets — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. — Abu Dhabi-based artificial intelligence firm G42 …
Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit (Anna Gross/Financial Times)
Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit — Swedish company announces six acquisitions and posts a rise in first-quarter sales and profits
After Mark Zuckerberg shared a screenshot from Horizon Worlds for an announcement, people criticize the graphics and Meta's $10B investment in the metaverse (Paul Tassi/Forbes)
After Mark Zuckerberg shared a screenshot from Horizon Worlds for an announcement, people criticize the graphics and Meta's $10B investment in the metaverse — Mark Zuckerberg has once again been roasted on Twitter, not over barbecue sauce or surfing this time.
Tencent sees first-ever decline in revenue, sacks 5500 employees
Wednesday, August 17, 2022
TikTok makes its Elections Center available in the US, offering state-by-state info ahead of the midterms, and details its misinformation policies (TechCrunch)
TikTok makes its Elections Center available in the US, offering state-by-state info ahead of the midterms, and details its misinformation policies — TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available …
Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women (Sisi Jiang/Kotaku)
Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women — Female game testers at Nintendo had ‘frat house’ experiences within a gaming company known for its wholesome image
Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ (Bloomberg)
Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ — Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling …
Mozilla report flags 18 of the top 25 period and pregnancy tracking apps and wearables, including Clue and Eve, for poor privacy and data management practices (Nicole Wetsman/The Verge)
Mozilla report flags 18 of the top 25 period and pregnancy tracking apps and wearables, including Clue and Eve, for poor privacy and data management practices — It's concerning in a post-Dobbs landscape — Period and pregnancy tracking apps collect data that could theoretically be used …
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV (Alex Barker/Financial Times)
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV — Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
Tuesday, August 16, 2022
How to mute Google Meet calls through a USB headset
Arc, which offers debt funding and digital banking services to SaaS startups, raised a $20M Series A, after raising an $11M seed and $150M debt in January 2022 (Mary Ann Azevedo/TechCrunch)
Arc, which offers debt funding and digital banking services to SaaS startups, raised a $20M Series A, after raising an $11M seed and $150M debt in January 2022 — Arc, a company that aims to give SaaS startups “a way to borrow, save and spend” in one place, has raised $20 million in a Series A round of funding.
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses (Kadhim Shubber/Financial Times)
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses — In January, Celsius Network boss Alex Mashinsky gathered his investment team to tell them he would be taking control …
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea (Bloomberg)
Bloomberg : Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing ...
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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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