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December 30, 2019, 2:15 PM
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| Alistair Gray / Financial Times: |
US shoppers are expected to return $100B worth of unwanted goods bought this holiday season; online purchases 3x more likely to be returned than those in stores — US consumers are expected to send back a record $100bn worth of unwanted goods bought between Thanksgiving and Christmas as the rise of ecommerce causes a returns epidemic.| Peerzada Abrar / Business Standard: |
Report: Indian startups raised a record $14.5B in 2019, up from $10.5B in 2018 and $550M in 2010; Sequoia, Accel, and Tiger Global were the most active VCs — As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 …
More:
TechCrunch, Entrackr, Gizmochina, and The Economic Times
Tweets: @buzzindelhi, @sumanthraman, @elaine_dsouza, and @investindia
| David Streitfeld / New York Times: |
How Amazon has shaped the economy of Campbellsville, KY, where it opened one of its first fulfillment centers and is now the town's largest private employer — In Campbellsville, Ky., the tech giant's influences abound. The profits, not so much. — CAMPBELLSVILLE, Ky. — In the late 1990s … | Reuters: |
France's top court rules that customs and tax authorities can review citizens' public social media posts for evidence of undeclared income or inconsistencies — PARIS (Reuters) - France's government can pursue plans to trawl social media to detect tax avoidance, its Constitutional Court ruled on Friday …
More:
iPhone in Canada Blog, TechSpot, The West News, The Independent, Communal News, and BBC
| Yahoo News: |
Overview of the ongoing efforts by the US to modernize its spy operations, to contain the damage from the 2014 OPM breach, be more resilient to tracking, more — When hackers began slipping into computer systems at the Office of Personnel Management in the spring of 2014 …
Tweets: @weinbergersa, @weinbergersa, @pinstripedline, @peterrobards, @zachsdorfman, @yahoonews, @zachsdorfman, @zachsdorfman, @zachsdorfman, @fbajak, @zachsdorfman, @zachsdorfman, @fbajak, @zachsdorfman, @dnvolz, @kennwhite, @dnvolz, @zachsdorfman, @josephfcox, @jennamc_laugh, @jennamc_laugh, and @dnvolz
| Yahoo News: |
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New York Times, The Verge, Telegraph, Forbes, PCMag, Futurism, HotAir, Washington Examiner, Chicago Tribune, The Sun, The Independent, The Inquisitr, The Hill, MSN, Washington Times, Mash Viral, ScreenRant, Mic, Military.com, ZDNet, NPR, ABC News, Fox Business, Engadget, globalnews.ca, Fortune, New York Post, Firstpost Tech, Gizmodo, and TechSpot
Tweets: @libbycopeland, @ideatreesolns, @livefree_76, @oknox, @byjacobward, @baldingsworld, @vickerysec, and @karolien1231
| Abdel Latif Wahba / Bloomberg: |
Egypt approves Uber's $3.1B acquisition of Careem after setting price caps and other measures designed to keep the local market competitive — Egypt signed off on Uber Technologies Inc.'s acquisition of ride-hailing peer Careem Inc. after setting price caps and other measures designed to keep the local market competitive.
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Reuters, Wccftech, PYMNTS.com, Engadget, SiliconANGLE, Ahram Online, Egyptian Streets, and EgyptToday. Tweets: @dstallibrass
| Catalin Cimpanu / ZDNet: |
IoT device vendor Wyze says a server leak exposed data, including email addresses, camera user IDs, and WiFi SSIDs, of ~2.4M customers from Dec. 4 to Dec. 26 — Details for 2.4 million users were exposed online for 22 days. — Wyze, a company that sells smart devices like security cameras …
More:
Wyze Community, CNET, Threatpost, The Verge, Ars Technica, Wyze Community, SlashGear, IPVM, Business Insider, Tom's Hardware, Fortune, CNN, iPhone in Canada Blog, Security Affairs, iPhone Hacks, 9to5Mac, PYMNTS.com, Mashable, Yahoo Finance, Digital Trends, International Business Times, TechSpot, SiliconANGLE, GeekWire, The Daily Dot, SlashGear, Twelve Security, BleepingComputer, Wyze Community, Android Central, Input, and Android Police
Tweets: @wesbos, @mayhemdayone, @gabsmashh, @mattdlockyer, @iansherr, @troyhunt, @campuscodi, @wyzecam, @davezatz, and @aaron_pearce
| Sam Dean / Los Angeles Times: |
An overview of the CCPA, set to go into effect Jan. 1, and the confusion surrounding it due to its technical complexity and rushed timeline — A sweeping new law that aims to rewrite the rules of the internet in California is set to go into effect on Jan. 1.
More:
New York Times, Slate, 9to5Mac, and Axios
Tweets: @nytnational, @markzbarabak, and @privacyproject
| Byuu / Medium: |
Chrome's overzealous approach to flagging downloads of newly created software as potential malware is stifling online distribution of indie and free software — Google has an undeniable monopoly on search, and a near-monopoly on web browsing software via Chrome and its forks.
Tweets: @danaditomaso, @randomoracle, @byuu_san, @perpetualmaniac, @glenngabe, @kntoukakis, @randfish, and @notdan
| Uri Berkovitz / Globes Online: |
In 2019, nine Israeli startups became unicorns, bringing the total unicorns in the country to 20, and 16 startups completed a financing round of $100M or more — Israel now has 20 unicorns, privately-held tech companies worth more than $1 billion. Only the US, China and UK have more unicorns.
Tweets: @standwithus
| Ron Miller / TechCrunch: |
VMware completes its $2.7B acquisition of Pivotal, originally announced in August — VMware is closing the year with a significant new component in its arsenal. Today it announced it has closed the $2.7 billion Pivotal acquisition it originally announced in August.
More:
SiliconANGLE, Cloud Native Apps Blog, and SDxCentral
Tweets: @rseroter, @pivotal, and @ron_miller
| Eileen Yu / ZDNet: |
Grab partners with Singtel to apply for a Singapore digital banking license, with Grab owning a 60% share in the joint entity — Ride-sharing operator and telco plan to form a joint entity, with Grab owning a 60% share, and apply for a digital bank licence in Singapore, where they will look to target …
More:
Nikkei Asian Review, Grab SG, South China Morning Post, TechCrunch, and Bloomberg
Tweets: @jonrussell and @tculpan
| Jordan Novet / CNBC: |
LinkedIn CEO Jeff Weiner talks about the company's evolution after acquisition by Microsoft, integration with Outlook and other Microsoft products, and more — - Microsoft closed its $26.2 billion LinkedIn acquisition three years ago this month. — LinkedIn has done some things … Sponsor Posts
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