Techmeme
August 26, 2019, 7:55 AM

Top 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 …
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.
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.
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.

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Earlier Picks

Farhad Manjoo / New York Times:
Craig Silverman / BuzzFeed News:
Matt Kim / IGN:
Edgar Alvarez / Engadget:
Marlize van Romburgh / Silicon Valley Business Journal: