Saturday, June 4, 2022

Meituan reports Q1 revenue of $6.9B, up 25% YoY, and a net loss of ~$855M, propelled by a 47% YoY increase in revenue from new businesses such as ride-hailing (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
Meituan reports Q1 revenue of $6.9B, up 25% YoY, and a net loss of ~$855M, propelled by a 47% YoY increase in revenue from new businesses such as ride-hailing  —  Meituan's quarterly revenue grew 25%, after the Chinese food delivery titan withstood the economic fallout from coronavirus-related lockdowns in cities such as Shanghai.



Sources: Apple enlisted Hollywood directors like Jon Favreau to develop video content for its MR headset that resembles ski goggles and may ship in 2023 (New York Times)

New York Times:
Sources: Apple enlisted Hollywood directors like Jon Favreau to develop video content for its MR headset that resembles ski goggles and may ship in 2023  —  The company has enlisted Hollywood directors like Jon Favreau to help its effort to create products that blend the physical and virtual worlds.



How to change Google Pay language to Hinglish, Hindi or others

https://ift.tt/V6WapcN

WhatsApp may soon bring an ‘undo’ button for deleted messages

WhatsApp allows users to delete messages, and you can delete them for everyone in case you sent something wrong, even in groups (until around an hour). The “delete for everyone” has proved to be one of WhatsApp's best features in recent years. But what if you delete a message for everyone by mistake? WhatsApp might have a solution for you as it is reportedly working on an ‘Undo’ option for deleted messages. https://ift.tt/opkBWyz

A look at "migrant TikTok", content by and for migrants journeying to Europe, as platforms struggle to moderate videos referring to illegal smuggling (Betsy Joles/Rest of World)

Betsy Joles / Rest of World:
A look at “migrant TikTok”, content by and for migrants journeying to Europe, as platforms struggle to moderate videos referring to illegal smuggling  —  Videos on the harrowing journey between Africa and Europe offer valuable information — and tease a brighter future for migrants



Friday, June 3, 2022

Insuretech platform Policygenius lays off 25% of its workforce

Insurtech platform Policygenius has laid off 25 per cent of its workforce, less than 3 months after raising $125 million. https://ift.tt/v9zgWFu

Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...