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December 28, 2020, 3:20 PM
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WeSmirchTop News
| Andrei Frumusanu / AnandTech: |
Xiaomi announces Mi 11, its new flagship, with 6.81" 120Hz display, Snapdragon 888, Android 11, and up to 256GB storage, available in China for ~$611 on Jan. 1 — Today Xiaomi held the Chinese launch announcement of the new Mi 11 - the company's new mainstream flagship phone for 2021.
More:
Mi Blog, XDA Developers, 9to5Google, The Verge, HotHardware.com News, Pocketnow, XDA Developers, Neowin, and Android Central
Tweets: @universeice and @anandtech
| Jesper Starn / Bloomberg: |
A huge drop in power prices has made Sweden and Norway lucrative for mining cryptocurrencies, giving big miners alternatives to China, Kazakhstan, and Canada — - Wet and mild weather pushed up output from hydro power plants — Lower input costs for making Bitcoin coincided with price rise
Tweets: @fin24 and @bloombergnrg
| Bloomberg: |
China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible — - Authorities require Ant to overhaul business, set up timetable — Ant was blasted over governance, disdain toward compliance
More:
New York Times, The Guardian, TechCrunch, Bloomberg, Telegraph, Associated Press, South China Morning Post, Wall Street Journal, Associated Press, CoinDesk, Crowdfund Insider, Protocol, Wall Street Journal, Nikkei Asia, Crunchbase News, Tech in Asia, BGR India, KrASIA, Axios, PYMNTS.com, and Bloomberg
| Coco Liu / Bloomberg: |
Alibaba raises proposed stock repurchase program by $4B to $10B, but shares slide 8%+, shedding $270B of value since its October peak amid antitrust fears — - Investors flee biggest names from Tencent to Meituan and JD — Probe coincides with a clampdown on part-owned Ant Group
More:
TechCrunch, Wall Street Journal, and China Internet Watch
Tweets: @thestalwart, @jchengwsj, and @niubi
| Coco Liu / Bloomberg: |
Zuoyebang, which offers live-streamed classes and other remote study services and has 170 MAUs, raises $1.6B from Alibaba, Tiger Global, and others — - Zuoyebang's fundraising follows a $750 million round in June — Online learning has turned red-hot this year since pandemic
More:
TechCrunch, caixinglobal.com, Reuters, Nikkei Asia, and DealStreetAsia. Tweets: @grapefruitgals
| Tim Bradshaw / Financial Times: |
A look at challenger search engines like UK-based Mojeek, You.com, and Neeva, founded by former Google execs, all targeting Google as it fights antitrust suits — Challengers such as Neeva bet on alternative approaches as tech giant faces regulatory scrutiny
Tweets: @sachinrekhi, @psb_dc, @martinsfp, @paulnemitz, @francesca_bria, and @aghose
| Emma Court / Bloomberg: |
Los Angeles County partners with Healthvana to allow COVID-19 vaccine recipients to be able to show their vaccination status in services like Apple Wallet — - Key is getting people their second dose, official says — Longer-term, the software will be a way to verify vaccinations
More:
PYMNTS.com, MacDailyNews, and The Mac Observer
| David Shepardson / Reuters: |
FAA issues rules requiring some drones, like those flying over people, to be remotely identifiable and night flying drones to have anti-collision lights — WASHINGTON (Reuters) - The U.S. Federal Aviation Administration (FAA) on Monday said it is issuing long-awaited rules to allow … | Lily Hay Newman / Wired: |
A look at the worst hacks of 2020: SolarWinds, Twitter, Blueleaks, University Hospital Düsseldorf, Vastaamo, and Garmin — From ransomware schemes to supply chain attacks, this year melded classic hacks with extraordinary circumstances. — WHAT A WAY to kick off a new decade.
More:
Ars Technica
| Wency Chen / KrASIA: |
Chinese online education startup Yuanfudao raises $300M from Jack Ma's Yunfeng Capital, bringing its total raised during 2020 to $3.5B — The high-flying company this year already snagged USD 3.5 billion from investors. — The high-flying online education company Yuanfudao …
More:
Tech in Asia, Tech in Asia, and Pandaily
| Financial Times: |
South Korean antitrust regulators have asked Delivery Hero to sell its existing business before its $4B takeover of Woowa Brothers can go ahead — Seoul antitrust watchdog argues merger with Woowa Brothers would hurt competition — Delivery Hero's hopes of rapid expansion in Asia have hit …
More:
Nikkei Asia
| Lee Brown / New York Post: |
Nashville mayor says the Christmas day explosion in the city appears to have targeted an AT&T building, amid reports the suspect was paranoid about 5G — Nashville's mayor said Sunday that the city's Christmas blast appeared to be an “infrastructure attack” on the AT&T building there …
More:
PCMag, AT&T, The Guardian, WSMV-TV, Variety, The Verge, The Tennessean, Washington Post, phonearena.com, International Business Times, and UPI
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