Wednesday, May 5, 2021

Sources: Tencent is in talks with CFIUS to negotiate agreements that would allow the company to keep its ownership stakes in Riot Games and Epic Games (Reuters)

Reuters:
Sources: Tencent is in talks with CFIUS to negotiate agreements that would allow the company to keep its ownership stakes in Riot Games and Epic Games  —  Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to keep its ownership stakes …



Una Brands, which acquires and consolidates third party sellers across e-commerce platforms in the Asia-Pacific region, launches with $40M in debt and equity (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch:
Una Brands, which acquires and consolidates third party sellers across e-commerce platforms in the Asia-Pacific region, launches with $40M in debt and equity  —  One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands.



Signal reveals how Facebook, Instagram collect your data for ads

Signal and Telegram have seen a significant uptake in new users as Facebook-owned WhatsApp's new Terms of Service and Privacy Policy triggered a fresh privacy debate. https://ift.tt/3nT0qbS

Nick Clegg, who shaped Facebook's handling of Donald Trump, will lead the final decision-making process after the Oversight Board handed it back to Facebook (New York Times)

New York Times:
Nick Clegg, who shaped Facebook's handling of Donald Trump, will lead the final decision-making process after the Oversight Board handed it back to Facebook  —  Nick Clegg, a former deputy prime minister, has shaped the company's handling of Donald Trump at every turn.



Cymulate, which tests clients' networks by running simulated machine learning-based cyber attacks, raises $45M Series C led by One Peak Partners (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Cymulate, which tests clients' networks by running simulated machine learning-based cyber attacks, raises $45M Series C led by One Peak Partners  —  With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target.



Tuesday, May 4, 2021

Lyft sees sustained profit starting in third quarter on cost cuts, demand rebound

Lyft Inc surprised Wall Street with significantly lower losses than expected and said it would deliver dependable profit on an adjusted basis beginning in the third quarter thanks to cost cuts that allow the company to earn more per ride. https://ift.tt/3xMptC2

Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...