Tuesday, October 19, 2021

Technology best way to achieve climate target: Australia PM

"If you have a credible plan ... with the proper transparencies Australia's well known for, then it can be a great positive for Australia," Morrison told Parliament, referring to the net zero target. "If you have the right plan, ... if you have technology, not taxes," Morrison added. https://ift.tt/3pgUa0k

Ericsson profit beats expectations on 5G demand despite China setback

The proportion of revenue Ericsson earns from China has dropped to around 3% of the total from 10-11%, Chief Financial Officer Carl Mellander said in an interview, offsetting gains made as Ericsson filled voids left by Huawei in several countries as it retreated under pressure from the U.S. government. https://ift.tt/2XqyCmF

Fintech firm CRED valued at $4 billion in new funding round

India's CRED said on Tuesday it had raised $251 million in a new funding round led by existing investors and private equity firms Tiger Global and Falconedge, valuing the fintech company at $4.01 billion. https://ift.tt/30JQkmx

Chinese users' feelings mixed about LinkedIn pulling out: Report

For nearly seven years, LinkedIn has been the only major Western social networking platform still operating in China. People like 32-year-old Jason Liu view it as an important career enhancing tool. https://ift.tt/3C7NaGE

Apple Mixed Reality Headset Launch Delayed Due to Complex Design: Kuo

Ming-Chi Kuo investor note claims that the Apple mixed reality headset may be delayed due to production issues. These issues are caused because of the complex design. The note adds that the headset... https://ift.tt/2Z8M5jF

Number of Big Bitcoin Whales Are at an All-Time Low

Although the number of big Bitcoin whales appear to be falling, data suggests that the number of addresses holding between 100 and 1,000 BTC on their balances have grown in the past five weeks. https://ift.tt/3G42ln0

Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI : Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be...