Preqin: Chinese VC deals fell 44% YoY in October to $62.1B, of which $7.9B went to semiconductor companies, up from $6.3B in 2021 — Venture capital investments in China are falling sharply this year, making it one of the worst-performing countries globally after the Communist Party's crackdown …
Twitter cancels its Chirp developer conference, set for November 16, and says it is building “some things that we're excited to share with you soon” — Twitter is canceling its developer-focused Chirp conference amid management transition, the company said late Thursday.
China's Zhengzhou industrial park, where Foxconn makes iPhones, begins a weeklong lockdown to counteract the “severe and complicated” spread of COVID-19 — HONG KONG—The industrial park where Foxconn Technology Group's iPhone assembly plant is struggling to maintain production amid …
Google plans to roll out parental controls for Assistant, including disabling features, restricting services, and setting downtimes hours, in the “coming weeks” — Kids love to use smart speakers, but it's all too easy for things to go horribly wrong — including content that's decidedly not family-friendly.
Toronto-based TouchBistro, which offers payments tools for restaurants globally, raised CA$150M led by Francisco Partners, bringing its funding to ~CA$433M — TouchBistro, a restaurant point-of-sale system, announced on Tuesday it nabbed $110 million (CAD $150 million) …
Netflix begins rolling out its Basic with Ads tier; sources say licensing negotiations with Disney, Comcast, Sony, Warner Bros., and Lions Gate are ongoing — Disney, NBCU and Sony are among the companies still negotiating licensing with the streaming service
China releases its first VR plan, aiming for its domestic industry to ship over 25M devices by 2026; IDC says China shipped just over 500K VR devices in H1 2022 — China released its first action plan dedicated to virtual reality on Tuesday, with an aim its industry ship more than 25 million devices …
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon — Streaming services are coming to YouTube. The company is rolling out a new feature called Primetime Channels that will bring shows …
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats — Uber Technologies Inc. reported revenue that beat analysts' expectations, fueled by a recovery in driver supply that supported increased ridership …
Elon Musk's plan to monetize Twitter verification would generate marginal revenue, even at $20/month, and create myriad problems, including enabling spammers — Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits.
Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B — Worldwide spending on public cloud services will grow 20.7% in 2023, to $591.8 billion, according to a new Gartner Inc. forecast released today.
Financial Times : Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism o...
