| Bloomberg: |
Uber is investing in Lime as part of $335M round led by GV that values 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| Chris Welch / The Verge: |
Apple debuts iOS 11.4.1 with USB Restricted Mode to stop Lightning data transfer after an hour of device being locked, shutting out cracking tools like GrayKey — Apple today released iOS 11.4.1, and while most of us are already looking ahead to all the new stuff coming in iOS 12 … | 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.| Josh Constine / TechCrunch: |
Code in Snapchat's Android app shows the company is developing a visual product search feature codenamed Eagle that lets users “See all results at Amazon” — Codenamed “Eagle,” Snapchat is building a visual product search feature that delivers users to Amazon's listings.| 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 … | Timehop: |
| 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.| 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 … | 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 … | John D. McKinnon / Wall Street Journal: |
Top GOP lawmakers on the House Energy and Commerce Committee write letters to Apple and Alphabet for more info on how they handle data from users' smartphones — Letters seek more information on how smartphones collect user location and other data — WASHINGTON—House lawmakers sent letters Monday … | Tony Romm / Washington Post: |
Google may face a new record penalty this month from EU and have to respond with big Android changes; sources: fine expected to range into billions of dollars — Google could face a new record penalty this month from European regulators for forcing its search and Web-browsing tools on the makers … | Anna Nicolaou / Financial Times: |
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.
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| Paul Mozur / New York Times: |
| Foeke Postma / bellingcat: |