How live-action YouTube kids channels Vlad and Niki, Like Nastya, and Kids Diana Show, with a total of ~300M subscribers, are building global franchises — Vlad, Niki, Diana and Nastya party on yachts, ride in Ferraris and travel the world. Their massive audience of fellow kids can't get enough.
New Delhi-based diabetes management app BeatO raised a $33M Series B led by Lightrock India, with Flipkart and others participating — Diabetes management app BeatO has raised $33 million in its Series B round of funding led by impact investor Lightrock India.
Source: the US DOJ is investigating whether rent-setting software made by RealPage is facilitating collusion among landlords to drive up rental prices — The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.
An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers — The advice “dig two graves, before you set out” applies to anyone bent on revenge. An old aphorism is hardly going to divert …
Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply — India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) …
Analysis: AI startup funding has been around 9%-10% of global VC investment in recent years, led by robotics, autonomous vehicles, and enterprise software — Editor's note: In this four-part series, we explore the impact of artificial intelligence startups on multiple sectors.
Amazon will shut down its food delivery business in India on December 29, after launching it in May 2020 in Bengaluru, as part of a broader restructuring — Amazon will shut down its food delivery business in India by the end of the year, the retailer said Friday, retreating from a vertical it entered less than three years ago.
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users — - Binance has put out its proof-of-reserves system, in light of FTX's meltdown. — It shows a reserve ratio of 101% for its users' bitcoin balances.
Meituan reports Q3 revenue up 28.2% YoY to ~$8.7B and ~$170M in profit, as its “core local commerce” segment, including food delivery and hotels, rose 24.6% YoY — Meituan posted a 28% surge in revenue, affirming resilient demand in China for takeaway from people confined to home during the pandemic.
London-based The Applied AI Company, which uses AI to automate repetitive work prone to human error in insurance, pharma, and other sectors, raised a $42M seed — Investors include Stefan von Liechtenstein, Garry Kasparov, Dennis Mahoney, Valnon Holding, Freud Holdings, HCS GmbH …
Musk says Twitter will start manually authenticating accounts starting next week, with blue check marks for people, gold for companies, and gray for governments — Elon Musk says that Twitter's check mark program could return on Friday, December 2nd, with a new procedure to verify individual identities …
Sources detail Netflix's internal debate over embracing theatrical releases for big-budget movies, something Ted Sarandos and Reed Hastings call a distraction — The company agreed to some exclusive theatrical distribution for “Glass Onion” and “Matilda the Musical,” but it's not clear exhibitors will get much more.
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
