Techmeme
January 24, 2019, 12:50 PM

Top News

CNBC:
Sources: Apple laid off 200+ employees this week from Project Titan; Apple acknowledges it has restructured its autonomous systems tech team  —  - Apple dismissed just over 200 employees from Project Titan this week, its stealthy autonomous vehicle initiative, people familiar with the group told CNBC.
Casey Newton / The Verge:
Jack Dorsey's recent media tour is largely performative, substituting talking for doing, masking Twitter's slow response to many of its issues  —  Jack Dorsey has a lot to say — but he has more to do  —  Jack Dorsey is talking.  —  He is talking to the Huffington Post's Ashley Feinberg.
Jim Waterson / The Guardian:
Nate Lanxon / Bloomberg:
Bing appears to be accessible in China again, as sources say the earlier block was due to an accidental technical error rather than censorship  —  Internet users in mainland China have begun to report that Microsoft Corp.'s Bing search engine is accessible again after outages in the country persisted for many hours Thursday.
Lucas Matney / TechCrunch:
Frederic Lardinois / TechCrunch:
AWS launches WorkLink, a fully managed service for $5 per month per user, that aims to make accessing mobile intranet sites and web apps easier  —  If your company uses a VPN and/or a mobile device management service to give you access to its intranet and internal web apps, then you know how annoying those are.
Frederic Lardinois / TechCrunch:
Humio, which provides real-time log analysis for $200+ per month, raises $9M Series A led by Accel and says Bloomberg and Microsoft are clients  —  Humio, a startup that provides a real-time log analysis service for on-premises and cloud infrastructures, today announced that it has raised a $9 million Series A round led by Accel.
More: FinSMEs and Tech.eu
CNBC:
Verizon Media Group, which owns Yahoo and AOL, plans to cut 7% of its global workforce, according to an email to employees from CEO Guru Gowrappan  —  Verizon Media Group — formerly known as Oath — is laying off 7 percent of its workforce, a person familiar with the change told CNBC.
Natasha Lomas / TechCrunch:
In a video posted online, Xiaomi teases a working prototype of a phone with a double-folding display and a more symmetrical design than Samsung's foldable phone  —  China's Xiaomi has become the latest smartphone maker to tease a folding smartphone, dropping the below video clip of its president …
South China Morning Post:
Research firm says China had 713 VC deals in Q4, down 25% YoY, worth $18.3B total, down 12% YoY, amid cooling valuations and tighter hiring for tech startups  —  - The number of venture capital deals in China dropped 25 per cent year on year to 713 in the fourth quarter
Frederic Lardinois / TechCrunch:
Google partners with Sony Pictures Imageworks, Sony's visual effects and animation studio, to launch an open source render manager called OpenCue  —  Google today announced that it has partnered with Sony Pictures Imageworks, Sony's visual effects and animation studio, to launch OpenCue, an open source render manager.
Kyle Wiggers / VentureBeat:
Jyve, which aims to connect workers with retail companies to fill gig economy jobs, comes out of stealth, says it has raised $35M in funding  —  The so-called gig economy shows no signs of slowing — in fact, the opposite is likely true.  According to a recent Gallup poll …
More: TechCrunch
Kyle Wiggers / VentureBeat:
Netherlands-based Geophy raises $33M Series B for its AI-based commercial real estate appraisal platform, to expand in the US and Europe  —  Corporate real estate (CRE) appraisals are fraught with peril — not to mention subjectivity.  The average gap between a standard estimate …
More: Tech.eu and PE Hub Blog

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