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July 13, 2020, 10:00 AM
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| Sundar Pichai / The Keyword: |
Google unveils the Google for India Digitization Fund, through which it will invest ~$10B over the next five to seven years in the country — Editor's note: Today at Google for India, Google CEO Sundar Pichai announced a $10 billion Google for India Digitization Fund to help accelerate India's digital economy.
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The Information, TechCrunch, Android Authority, VentureBeat, Reuters, Official Google India Blog, The Next Web, The Next Web, Wall Street Journal, Bloomberg, Reuters, Gizchina, Android Central, Neowin, Financial Times, Firstpost Tech, MediaNama, CNBC, Telecoms.com, TechCircle, Engadget, MSPoweruser, Inc42 Media, Firstpost Tech, BGR India, and Pocketnow
Tweets: @sundarpichai, @caesars, @rsprasad, @rockstarjaddu, @anshuman1tiwari, @malikashok, @sunil_deodhar, and @chandrarsrikant
| Kyle Wiggers / VentureBeat: |
UiPath, which makes software to automate repetitive tasks, raises $225M Series E led by Alkeon Capital Management at a $10.2B valuation — Take the latest VB Survey to share how your company is implementing AI today. — Robotic process automation startup UiPath today announced it has closed …
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TechCrunch, Bloomberg, SiliconANGLE, CNBC, Business Insider, UiPath Inc., and Crunchbase News
| Subrat Patnaik / Reuters: |
US semiconductor manufacturer Analog Devices says it will buy rival Maxim Integrated for $20B+ in an all-stock deal — (Reuters) - U.S. semiconductor maker Analog Devices Inc said on Monday it offered to buy Maxim Integrated Products Inc, an industry peer, for $20.91 billion in an all-stock deal.
| Donie O'Sullivan / CNN: |
Both the DNC and RNC have asked campaign staff to refrain from using TikTok on personal devices — (CNN)The Democratic and Republican national committees warned their staffs about using the Chinese-owned app TikTok. — The Democratic National Committee warned Democratic campaigns …
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Washington Post, Business Insider, CyberScoop, Android Headlines, Bloomberg, The Economist, and GeekWire
Tweets: @jamesgrantfl and @wongmjane
| Hannah Murphy / Financial Times: |
Inside Facebook's clubby network of invitation-only advertiser groups, called client councils, which use a mix of perks and pressure to keep brands close — Social media company uses a mixture of perks and pressure to keep brands close — Facebook likes to roll out the red carpet … | Todd Spangler / Variety: |
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue — According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.| Rita Liao / TechCrunch: |
Microsoft says it is spinning out five-year-old Chinese social chatbot Xiaoice into an independent entity; Microsoft will retain its stakes in the new company — Microsoft is shedding its empathetic chatbot Xiaoice into an independent entity, the U.S. software behemoth said (in Chinese) … | David McCabe / New York Times: |
In a May filing to Australia's antitrust regulator, Google said it doesn't control enough of the digital ad market to overcharge customers or block competitors — A document sent by the search giant to Australian regulators argues that the company doesn't control enough of the digital ad industry …
Tweets: @nytimesbusiness and @media_evan
| Gerrit De Vynck / Bloomberg: |
Sources, publishers, and advertisers say Google's 2015 decision to add a fourth ad atop Search negatively impacted results, decreasing organic website traffic — A push for quicker answers and more ad revenue has made it more expensive for online businesses to reach consumers.| Ingrid Lunden / TechCrunch: |
Paige, a computational pathology startup targeting cancer, raises an additional $20M to close its Series B at $70M, bringing its total raised to $95M+ — Paige, the startup that spun out of the Memorial Sloan Kettering Cancer Center and launched in 2018 to help advance cancer research …
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VentureBeat
| Apple: |
Apple allocates $400M+ for affordable housing projects and homeowner assistance programs in California, as part of its $2.5B commitment for CA's housing crisis — Apple is allocating more than $400 million toward affordable housing projects and homeowner assistance programs in California this year …
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iMore, 9to5Mac, AppleInsider, MacRumors, Silicon Valley Business …, The Mac Observer, and iDownloadBlog.com
Tweets: @housingtrustsv and @dinkyshop
| Manish Singh / TechCrunch: |
Qualcomm Ventures says it will invest $97M in Reliance Jio Platforms to acquire a 0.15% equity stake — Qualcomm has become the latest high-profile investor in four-year-old Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from as many investors.
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The Next Web, Bloomberg, Reuters, and The Economic Times
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