Techmeme
July 9, 2018, 2:15 PM

Top News

Bloomberg:
Uber is investing in Lime as part of $335M round led by GV valuing the firm at $1.1B; Uber plans to promote Lime through its app, execs from the firms said  —  - Ride-hailing company invests as part of $335 million round  — Alphabet's GV leads deal valuing Lime at $1.1 billion
CNBC:
Xiaomi closes just below the IPO price on the first day of trading in Hong Kong after pricing IPO at the bottom of the range at $2.17/share and raising $4.7B  —  - The company's Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range.
Timehop:
Timehop says it detected a network intrusion on July 4 that led to a data breach of names, email addresses, and some phone numbers affecting ~21M users  —  On July 4, 2018, Timehop experienced a network intrusion that led to a breach of some of your data.  We learned of the breach …
Bloomberg:
Samsung says it is building the world's largest smartphone factory in Noida, India with the capacity of 120M units per year  —  - Indian PM Modi, South Korea's Moon to visit Samsung facility  — India is the fastest growing smartphone major market  —  Samsung Electronics Co. will open …
Paul Mozur / New York Times:
How China's drive for a surveillance state is fueling an investment boom in surveillance firms and can instill mass obedience regardless of the tech's efficacy  —  ZHENGZHOU, China — In the Chinese city of Zhengzhou, a police officer wearing facial recognition glasses spotted a heroin smuggler at a train station.
Foeke Postma / bellingcat:
Analysis: fitness tracking website Polar Flow exposed info like names and home addresses of ~6500 military, FBI, NSA, and other staffers at 200+ sensitive sites  —  Polar, a fitness app, is revealing the homes and lives of people exercising in secretive locations, such as intelligence agencies …

Sponsor Posts

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Intel:
11th Gen Intel Core desktop processors - codenamed “Rocket Lake” - are coming  —  Gaming is in our DNA.  Get the latest on Intel's continued journey to make the PC the best place to play.

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