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August 26, 2019, 8:15 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Arjun Kharpal / CNBC: |
Megvii, a China-based facial recognition focused startup, files for a Hong Kong IPO; Megvii has raised $750M, reportedly at a $4B valuation, earlier this year — KEY POINTS — An attendee uses his smartphone to record a facial-recognition demonstration on himself at the Beijing Megvii Co. booth …
More:
TechCrunch, Reuters, Nikkei Asian Review, China Money Network, Bloomberg, Financial Times, and Bloomberg
Tweets: @tculpan, @luluyilun, @tculpan, and @tculpan
| Matt Burgess / WIRED UK: |
FireEye: China-linked hacking groups are increasingly targeting healthcare systems to obtain medical research data and intellectual property for medical devices — New research shows cyber espionage groups linked to China are targetting medical research data and the intellectual property for medical devices| Jeff Vogel / The Bottom Feeder: |
Founder of Spiderweb, which has been making indie games for 25+ years, explains the business and design reasons for still making games with a retro, quirky look — We spent years working on this game. We're betting our family's future on it. So. Why does it look so bad?
Tweets: @carnage4life, @dgbaumgart, and @moomanibe
| Chua Kong Ho / South China Morning Post: |
Interview with CEO of Razer, a gaming PC maker with 70M registered user accounts, which has steadily increased its share of revenue from software and services — Gaming company Razer reported a narrower loss in the first six months CEO Min-Liang Tan says Razer is a gateway …
Tweets: @chuakongho
| Yun Li / CNBC: |
J.P. Morgan Chase says it will shut down its digital wallet app, Chase Pay, in early 2020, but will continue pushing the Chase Pay button in apps and on the web — KEY POINTS — The bank plans to add more retailers that accept Chase Pay through merchant apps including food ordering company Grubhub.| Cherlynn Low / Engadget: |
Google and Dell team up to unveil Latitude enterprise-grade Chromebooks, with 8th-gen Intel Core i7 CPUs, available to order from August 27, starting at $699 — The next time you get a laptop from your company's IT department, you might be getting a Chromebook.
More:
ZDNet, 9to5Google, The Verge, and VentureBeat
| Andrew Sheivachman / Skift: |
Groups360, a booking engine for meeting spaces founded in 2014, raises $50M from Marriott International, IHG, Accor, and Hilton, bringing total raised to ~$55M — The hotel industry has had a tough time improving the painful process of selling event space and room blocks to meeting planners.
Tweets: @globalbta
| Mary Ann Azevedo / Crunchbase News: |
Versatile Natures, which uses AI to improve construction processes, raises $5.5M in seed funding, led by Robert Bosch Venture Capital — Versatile Natures, a startup using machine learning and AI to improve construction processes, has raised $5.5 million in seed funding.| Tim Bradshaw / Financial Times: |
Interview with Tobi Lütke, CEO of Shopify, as its market cap has surpassed eBay, and it sets its sights on Amazon, building out its own fulfillment network — Tobi Lütke, the Shopify chief executive, prefers his employees to refrain from checking the ecommerce company's share price too often.
Tweets: @hkanji and @hashim_warren
| Mary Loritz / EU-Startups: |
Lunar Way, a Denmark-based banking app that raised €13M and expanded to Norway in February, raises €26M, says it has obtained a European banking license — Copenhagen-based banking app Lunar Way has raised a €26 million round led by SEED Capital, while obtaining …
More:
Tech.eu
| Manish Singh / TechCrunch: |
India's BharatPe, which helps merchants accept digital payments and secure working capital, raises $50M Series B led by Ribbit Capital and Steadview Capital — BharatPe, a New Delhi-based firm that is enabling hundreds of thousands of merchants to start accepting digital payments …
More:
Business Standard, Times of India, VCCircle, Livemint, Entrackr, Moneycontrol, YourStory.com, and Inc42 Media
| Sarah Perez / TechCrunch: |
Pew study: smartphone users in emerging markets have more diverse social networks than those without smartphones — The latest study from Pew Research Center takes a look at the impact mobile technology, including the use of smartphones and social media, is having on the diversity of people's social network in emerging markets.Sponsor Posts
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Grit:
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Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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