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July 19, 2020, 7:15 PM
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| Phillip Inman / The Guardian: |
Sources: TikTok halts talks with UK government to build the HQ for its non-China business in London, with British ban on Huawei seen as a factor — Video-sharing app suspends building plans, with British ban on Huawei 5G kit seen as factor — The Chinese social media firm TikTok has pulled …
Tweets: @charlesarthur and @pelnike
| Kira Tebbe / OneZero : |
In 2019, Facebook, Apple, Amazon, Microsoft, and Google were collectively granted ~27,000 H-1B visas, over 30% of total visas available to private companies — Five tech companies use nearly 30,000 H1-B visas, while over 50% of graduate STEM degrees are earned by international students
More:
The Atlantic. Tweets: @_n12v, @calebwatney, @tenreirodaniel, @sarahfkessler, @alfonslopeztena, @sachinrekhi, @mvzelenks, @eemoin, @k_tebbe, @johnkroencke, and @ozm
| Christopher Mims / Wall Street Journal: |
Retail stores, which were closing due to declining foot traffic even before the pandemic, are now increasingly being turned into online fulfillment centers — As the demand for in-person shopping diminishes, landlords, startups and retailers are converting abandoned stores into online fulfillment centers
Tweets: @gavinsbaker, @jeffmacke, @mjasay, @mims, @paytonchung, @denniswygmans, @wsj, @mspllc, and @kayezad
| Wall Street Journal: |
Sources say plans to remake GE as a software powerhouse were scuttled by employee confusion and delusions about what it would take to reposition the company — The industrial giant hoped to remake itself as a software powerhouse. Here's what went wrong. — In early 2014 …
Tweets: @erikholmwsj, @xecretcode, @hoofnagle, @tgryta, and @p1bc
| Arno Schuetze / Reuters: |
Teamviewer has agreed to acquire Ubimax, which makes AR software and wearable computing devices, for €136.5M — FRANKFURT (Reuters) - German software company Teamviewer (TMV.DE) has agreed to acquire peer Ubimax to expand its offering in augmented reality and internet of things, it said on Wednesday.
| Delian Asparouhov / Operators & Delian's Ramblings: |
Despite its limitations, GPT-3, OpenAI's text-generating AI, excels at producing follow-on thoughts to input text and could thus succeed as a “writing buddy” — OpenAI, an AI research foundation started by Elon Musk, Sam Altman, Greg Brockman, and a few other leaders in ML …
More:
Manuel Araoz, Kevin Lacker's blog, Decrypt, MSPoweruser, Boing Boing, Metro.co.uk, and Towards Data Science
Tweets: @sharifshameem, @jsngr, @sharifshameem, @sama, @vcstarterkit, @paulg, @zebulgar, @stevecheney, @brian_armstrong, @sama, @edleonklinger, @snowmaker, @arram, @rodneyabrooks, @hallstephenj, @dergigi, @mmasnick, @chupchap, @xsteenbrugge, @indigoanalysis, @samin, @humanityfirst68, @aquariusacquah, @digitalwaveride, @agl__, @rowlsmanthorpe, @drzeeshanzia, @stroughtonsmith, @aleyda, @alecstapp, @hodl_american, @willcritchlow, @webdevmason, @saleemusama, @simongcolton, @hallstephenj, @jjliebig, @rowlsmanthorpe, @rowlsmanthorpe, @albertwenger, @craigmod, @austen, @zck, @rstephens, @alexjc, @vitalikbuterin, @gdb, @eshmu, @gk3, @gavinsbaker, @ayushswrites, @briannekimmel, @haroonchoudery, @ayushswrites, @sriramk, @rrhoover, @semil, and @rrhoover
| Nikkei Asian Review: |
Shanghai's year-old STAR market is now second only to Nasdaq in value of IPOs and secondary listings, attracting 17.3% of total issuance, surpassing Hong Kong — Surging debuts on ‘domestic Nasdaq’ lure investors and bolster China's strategic aims — SHANGHAI — Pan Jianwei …
More:
Nikkei Asian Review
| Sophia Kunthara / Crunchbase News: |
Caption Health raises $53M Series B for its AI-guided tech that lets health care providers take diagnostic-quality ultrasound scans without specialized training — Caption Health, a company that develops artificial intelligence software for health care providers, has raised $53 million in a Series B.
More:
MassDevice, PitchBook, Verdict Medical Devices, PR Newswire, Forbes, MobiHealthNews, and FinSMEs
| Suzanne Vranica / Wall Street Journal: |
Sources: Disney has dramatically cut ad spending on Facebook and Instagram; Disney was Facebook's top US advertiser for H1 2020, per an estimate — Hundreds of advertisers have paused spending on the social network due to concerns about hate speech, divisive content
More:
Associated Press, Variety, Digital Trends, Deadline, The Verge, CNET, MarketWatch, Bloomberg, Engadget, Slashdot, and Reuters
Tweets: @blmohr, @jgreenblattadl, @somospostpc, @jason_kint, and @jason_buck
| Olivia Solon / NBC News: |
Profile of Child Rescue Coalition, whose tech is used in 96 countries including the US to help police triage child porn cases, as experts raise privacy concerns — BOCA RATON, Fla. — In December 2016, law enforcement agents seized computers and hard drives from the home of Tay Christopher Cooper … | Neil Shah / Counterpoint Research: |
Reliance Jio is laying a strong foundation to become a “Super Operator”, applying a WeChat-like “super-app” approach to its mobile telecom network in India — In the world's second largest mobile market, Reliance Jio, India's leading Communication Service Provider … | FinSMEs: |
Zeotap, a SaaS startup that helps companies with customer intelligence, raises $42M Series C, bringing its total raised to over $60M according to Crunchbase — Zeotap, a global provider of a customer intelligence platform, raised $42m in Series C funding. — Backers included Neue Capital …
More:
Zeotap, YourStory.com, The Economic Times, The Tech Portal, Moneycontrol, and Entrackr. Tweets: @simonjharris
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