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July 19, 2020, 9:40 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 and Japan Times
Tweets: @calebwatney, @_n12v, @tenreirodaniel, @alfonslopeztena, @sachinrekhi, @mvzelenks, @eemoin, @johnkroencke, @ozm, @sarahfkessler, and @k_tebbe
| 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
| 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
| Emily Birnbaum / Protocol: |
SMBs make up 70% of the 5,384 companies certified under EU-US Privacy Shield and face the biggest challenges in complying with the decision that struck it down — Tech companies across the U.S. are scrambling to figure out how they can remain in compliance with international privacy laws … | 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.
| 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
| 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
| 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 …
More:
Slashdot. Tweets: @clancyreports, @furorrises, @nbcnews, @oliviasolon, @lorihandrahan2, and @oliviasolon
| Neil Shah / Counterpoint Research: |
Reliance Jio is working to become a “Super Operator”, leveraging strategic partnerships and a strong telecom position to play a bigger role in users' lives — In the world's second largest mobile market, Reliance Jio, India's leading Communication Service Provider (CSP) …
Tweets: @alecstapp, @sajithpai, and @benedictevans
| 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
| Jennifer Miller / New York Times: |
A look at startups that provide end-of-life services, from estate planning to online forums for grieving virtually, amid a surge in interest during the pandemic — The coronavirus pandemic has drawn new business to start-ups that provide end-of-life services, from estate planning to a final tweet.
Tweets: @codybarbo, @nytimesbusiness, @followlantern, @danimarom, @ykomska, and @erinbury
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