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July 9, 2018, 10:50 AM
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| 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.
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Bloomberg, Fortune, TechCrunch, Axios, Fortune, Android Police, Reuters, CNET, BBC, SiliconANGLE, Financial Times, Financial Times, Android Central, Neowin, Reuters, Tech in Asia, South China Morning Post, New York Times, China Money Network, MediaNama, and MacDailyNews. Tweets: @tculpan
| 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.
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Philip Elmer-DeWitt. Tweets: @paulmozur, @paulmozur, @nytimes, @stevenleemyers, @paulmozur, @paulmozur, @emilyrauhala, @paulmozur, @paulmozur, @mattrosoff, @paulmozur, @petecirwin, @kasie, @shanthikalathil, @mat, and @jasonleopold
| 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 … | 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 …
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Timehop, TechCrunch, eWeek, Gizmodo, The Next Web, The Hacker News, MacRumors, 9to5Google, Motherboard, Naked Security, KnowTechie, ZDNet, The Mac Observer, Inquirer, Forbes, Business Insider, CNET, Android Central, The Register, BetaNews, Neowin, and SecurityWeek. Tweets: @zackwhittaker
| Noam Scheiber / New York Times: |
Algorithms increasingly replace highly-skilled white-collar workers, as seen in online fashion and retail industries and the ascendance of firms like Stitch Fix — One of the best-selling T-shirts for the Indian e-commerce site Myntra is an olive, blue and yellow colorblocked design.
Tweets: @sub8u
| Music Business Worldwide: |
Tencent says it has received approval from Hong Kong stock exchange for an IPO of its Tencent Music Entertainment subsidiary in US — Chinese media giant Tencent has confirmed that Tencent Music Entertainment (TME) is set to be spun-off via a public listing in the United States.
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Bloomberg, SiliconANGLE, VentureBeat, TechCrunch, TechNode, PYMNTS.com, China Money Network, Reuters, and Axios
| Jonathan Shieber / TechCrunch: |
Oasis Labs raises $45M in an ICO pre-sale from a16zcrypto, Accel, and others to create an AWS-like blockchain-based cloud computing platform for smart contracts — A team of top security researchers from the University of California, Berkeley and MIT have come together to launch …
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VentureBeat, MIT Technology Review, CoinDesk, CoinSpeaker, PR Newswire India, and PE Hub Blog
| Paul Alcorn / Tom's Hardware: |
How AMD stays within its x86 IP cross-licensing agreements with Intel yet enables Chinese firm Hygon to design and sell AMD Zen-based x86 server chips in China — Chinese-designed “Dhyana” x86 processors based on AMD's Zen microarchitecture are beginning to surface from Chinese chip producer Hygon.| Anna Nicolaou / CNBC: |
Sources: Apple Music had ~21.5M US subscribers as of last week while Spotify had ~22.5M; Apple's service is growing faster than Spotify in UK and Canada — Spotify's lead over Apple's music-streaming service in the US is narrowing, denting the air of invincibility around the recently floated pioneer.
More:
Thurrott.com and MacDailyNews
| 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 …
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Engadget, CNET, Reuters, The Economic Times, South China Morning Post, KnowTechie, The Verge, Neowin, and SamMobile. Tweets: @lisaabramowicz1
| Ingrid Lunden / TechCrunch: |
Index Ventures raises $1.65B for its two newest funds: $650M for its early-stage fund and $1B for its growth fund — Make way for more money into the startup investing pool: today, Index Ventures announced that it has closed a total of $1.65 billion in new funds — $1 billion that it plans …
More:
VentureBeat, New York Times, Index Ventures, and The Guardian
| Elliott Krause / Wall Street Journal: |
Profiles of four “crypto hunters” who use a variety of methods, from specialized software to hypnosis, to recover lost cryptocurrency and stop crypto crime — A new crop of digital sleuths is working with investors and law enforcement to find misplaced or inaccessible cryptocurrency
More:
CryptoGlobe and NewsBTC
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