Monday, April 17, 2023

Razor Group, which buys and scales up e-commerce merchants, raised an €80M Series C, sources say at a $1.2B valuation and acquires its competitor Stryze Group (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Razor Group, which buys and scales up e-commerce merchants, raised an €80M Series C, sources say at a $1.2B valuation and acquires its competitor Stryze Group  —  The business of being an e-commerce aggregator may be down but it is definitely not out.  —  Razor Group, one of the string …



Hong Kong's CK Hutchison aims to raise at least $1 billion in dollar bond deal, claim sources

CK Hutchison has mandated seven investment banks ahead of a potential deal, according to a term sheet seen by Reuters that did not give details on the amount it was looking to raise. https://ift.tt/qmyZNMd

US tax breaks lure European clean tech companies as EU lags

Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb. https://ift.tt/BNc6SKp

As Palantir vies for a £480M contract to build a "federated data platform" for the UK's NHS, experts say the company's Foundry tool is costly and hard to use (Ian Johnston/Financial Times)

Ian Johnston / Financial Times:
As Palantir vies for a £480M contract to build a “federated data platform” for the UK's NHS, experts say the company's Foundry tool is costly and hard to use  —  Internal opposition voiced over US company's bid for lucrative expansion within British health service



Google Pixel 7A tipped to launch next month

Google has already confirmed that its Google I/O 2023 event will be held on May 10. The company is said to showcase some software-related innovations at the conference. Along with this, the tech giant is also expected to unveil its latest mid-range Pixel smartphone -- Pixel 7A at the event. Now a new leak has surfaced online revealing the likely specifications and India price of the smartphone. https://ift.tt/23IoiB5

Sunday, April 16, 2023

Contract docs reveal the Georgia National Guard plans to use location-based phone surveillance to target ads using geofences around 67 local public high schools (Sam Biddle/The Intercept)

Sam Biddle / The Intercept:
Contract docs reveal the Georgia National Guard plans to use location-based phone surveillance to target ads using geofences around 67 local public high schools  —  The Georgia Army National Guard plans to combine two deeply controversial practices — military recruiting at schools …



Netflix's second ever livestream hit technical issues, leading to a 75+ minute delay and the company taping the Love is Blind reunion episode for later viewing (Amanda Silberling/TechCrunch)

Amanda Silberling / TechCrunch:
Netflix's second ever livestream hit technical issues, leading to a 75+ minute delay and the company taping the Love is Blind reunion episode for later viewing  —  Netflix had some serious issues with the livestream of its “Love is Blind” reunion episode.  We always knew the livestream would be messy …



A US House Committee publishes a draft stablecoin bill, which proposes a moratorium on stablecoins backed by other cryptocurrencies, a CBDC study, and more (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk:
A US House Committee publishes a draft stablecoin bill, which proposes a moratorium on stablecoins backed by other cryptocurrencies, a CBDC study, and more  —  The stablecoin bill is the first major piece of crypto legislation in 2023.  —  The U.S. House Financial Services Committee published …



Q&A with Microsoft's CVP of ads on keeping Bing Chat results from being too promotional, AI-powered search threatening publishers' ad revenue, and more (Patience Haggin/Wall Street Journal)

Patience Haggin / Wall Street Journal:
Q&A with Microsoft's CVP of ads on keeping Bing Chat results from being too promotional, AI-powered search threatening publishers' ad revenue, and more  —  Kya Sainsbury-Carter, who recently was named to head the company's ad business, offers an inside look at Microsoft's game plan



Sources detail Google's project Magi, with 160+ people working full time on it, to enhance search with AI, as Samsung considers making Bing search the default (Nico Grant/New York Times)

Nico Grant / New York Times:
Sources detail Google's project Magi, with 160+ people working full time on it, to enhance search with AI, as Samsung considers making Bing search the default  —  The tech giant is sprinting to protect its core business with a flurry of projects, including updates to its search engine and plans for an all-new one.



An early look at the Jack Dorsey-backed federated social network Bluesky, which emulates Twitter's looks and feels like a simpler, positive time on the internet (Jay Peters/The Verge)

Jay Peters / The Verge:
An early look at the Jack Dorsey-backed federated social network Bluesky, which emulates Twitter's looks and feels like a simpler, positive time on the internet  —  Bluesky is really, really fun. … But after spending a few hours in Bluesky since getting my beta invite this week, it's so far the service where I feel the most joy.



The US-China Economic and Security Review Commission, created by Congress in 2000, accuses Shein and Pinduoduo's Temu of data risks, IP infringement, and more (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
The US-China Economic and Security Review Commission, created by Congress in 2000, accuses Shein and Pinduoduo's Temu of data risks, IP infringement, and more  —  Chinese-backed digital platforms Shein and Temu have become the latest targets of the US government, after an official report raised concerns …



MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...