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September 16, 2019, 8:20 AM
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memeorandum
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| Washington Post: |
The dearth of TikTok videos on Hong Kong protests offers a glimpse of how China could shape the perception of real-world events by US and global audiences — Hong Kong unrest features prominently on most social media, but not on TikTok — A search for “#hongkong” on Twitter reveals … | What's New in Publishing: |
A look at TopBuzz, the English version of ByteDance's Chinese AI-powered news aggregator Toutiao, that rose from 1.8M MAUs in Nov. 2017 to 23M MAUs by Oct. 2018 — The MIT Technology Review called it “the insanely popular Chinese news app that you've never heard of.”| Rob Walker / New York Times: |
Despite what media and politicians say, there is no tangible tech backlash from consumers, who shrug off warnings of a dystopian future and embrace new tech — Worse, we think there is one. — Mr. Walker is the author of “The Art of Noticing.” — It's fun, and increasingly fashionable, to complain about technology.| Financial Times: |
Sources: Libra representatives to meet officials from 26 central banks, including the Federal Reserve and the Bank of England, in Basel, Switzerland on Monday — Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat …
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Engadget, CNBC, CoinDesk, The Next Web, Coinspeaker, The Block, Bloomberg, Cointelegraph, Seeking Alpha, NewsBTC, SiliconANGLE, PYMNTS.com, and Reuters
Tweets: @mehreenkhn, @pauvilagarcia, and @kiffmeister
| Wall Street Journal: |
As AT&T's CEO plans to retire, AT&T's TV business keeps declining, the Time Warner integration looks shaky, and now an activist shareholder pushes for changes — Plans by CEO Randall Stephenson to leave the helm to a longtime ally triggered the threat of a proxy fight by an aggressive Wall Street activist investor| Connie Loizos / TechCrunch: |
Interview with Cloudflare co-founder Michelle Zatlyn on its IPO, its dual-class stock structure giving employees 10x the voting rights over public shares, more — Shares of Cloudflare rose 20% today in its first day of trading on the public market, opening trading at $18 after it priced … | Christoph Rauwald / Bloomberg: |
Volkswagen is unifying its fragmented IT efforts under a new Car.Software unit, which will develop “vw.os”, with first cars with new software shipping next year — - Combined operations to pool about 10,000 software workers — Move will boost efficiency across 12 automotive brands| Wall Street Journal: |
Since its 2014 IPO, Alibaba has struggled to grow beyond China despite investing $5B+ in new markets; ~5% of its last FY revenue came from international retail — The Chinese juggernaut handles more business than any other company. Yet like many of its compatriots, it has struggled to expand into new markets
Tweets: @dali_yang, @vinhlhq2015, @baldingsworld, @wblau, and @eolander
| Ry Crist / CNET: |
The Wi-Fi Alliance launches the Wi-Fi Certified 6 program for devices using next-gen 802.11ax Wi-Fi radios, expected to be up to 40% faster than Wi-Fi 5 — Promising “a new Wi-Fi era,” the Wi-Fi Alliance, a non-profit industry group, announced the launch of the Wi-Fi Certified 6 program today.| David Coats / VC by the Numbers: |
Analysis: ~51% of capital invested into US VC-funded companies exiting over the last decade lost money, while less than 4% generated a 10x or greater return — In fact, we are highly skewed. — Most of us know intuitively that venture investing is a hits driven business.
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AVC and Howard Lindzon
Tweets: @modestproposal1, @semil, @merket, @trace_cohen, @federicoantoni, @trengriffin, and @skupor
| Sean O'Neill / Skift: |
Beekeeper, a communications platform for hourly workers without desktop PCs, raises $45M Series B co-led by Thayer Ventures and Swisscanto — To understand the startup Beekeeper, think of workplace communications tools like Slack or Microsoft Teams. The service helps hourly workers without …
More:
TechCrunch, PR Newswire, PE Hub Blog, and PhocusWire
| Jeremy Horwitz / VentureBeat: |
An overview of Qualcomm's various R&D projects aimed at making 5G technology ubiquitous over the next few years — It was easy to call 5G inevitable. Whatever it was, some next-generation cellular technology was certain to follow 2G, 3G, and 4G into the mainstream of global life.
Tweets: @natetibbits, @bassilelkadi, and @horwitz
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