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July 15, 2019, 8:30 AM
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| Dan Strumpf / Wall Street Journal: |
Sources: Huawei plans hundreds of layoffs at Futurewei Technologies, its US R&D subsidiary, which employs about 850 people in research labs across the US — Cuts are expected to affect workers at U.S.-based R&D subsidiary Futurewei Technologies — Huawei Technologies Co …
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CNET, Engadget, Reuters, IT PRO, Phandroid, CNBC, New York Times, The Malaysian Reserve, Neowin, The Hill, SlashGear, SiliconANGLE, Pandaily, The Next Web, Android Central, TechNode, KrASIA, Gizmodo, The Verge, and Bloomberg. Tweets: @jkylebass
| Mark Dent / Wired: |
A look at Rockdale, Texas, where Bitmain planned to build the world's largest bitcoin mining facility, and how it all went wrong after bitcoin prices plunged — In 1952, The Saturday Evening Post christened Rockdale, Texas, “The Town Where It Rains Money.”| Keiko Morris / Wall Street Journal: |
Despite Amazon's NYC HQ2 retreat, tech giants like Google, Facebook, and even Amazon still seek to rent millions of square feet and employ thousands in New York — Facebook, Google, Uber and Amazon embrace Manhattan as an East Coast hub — Big technology companies are doubling …
Tweets: @mkink, @aoc, @lawrence, @profgalloway, @anandwrites, @gardmaf, and @technyc
| Adam Walser / WFTS: |
Florida DMV earned $77M+ in fiscal 2017 from sales of driver and ID cardholder information to 30+ private companies, including data brokers like Acxiom — LAKELAND, Fla. — A local woman is blaming the state government for an onslaught of robocalls and direct mail offers … | Jordan Crook / TechCrunch: |
Anvyl, which sets up cameras and sensors in factories to let brands see their product being built and help optimize their supply chains, raises $9.3M Series A — Growing D2C brands face an interesting challenge. While they've eliminated much of the hassle of a physical storefront …
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PYMNTS.com and Redpoint Ventures
| Andrew Liptak / The Verge: |
Microsoft Word for Android has been installed over 1B times; Excel, PowerPoint, OneNote, and OneDrive each have 500M+ installs on Android, and Outlook has 100M+ — Other Microsoft Apps have hit 500 million installs — Microsoft recently hit a particularly notable milestone … | Josh Kaplan / Slate: |
A look at how surveillance is becoming more prevalent with almost nothing restricting how it is used, as automatic license plate reader software becomes cheaper — Cheap surveillance software is changing how landlords manage their tenants and what laws police can enforce.| Thomas Brewster / Forbes: |
How Avast, an antivirus company founded in 1988 in Czechoslovakia, survived competition with McAfee and Symantec, to become a global cybersecurity powerhouse — On the rooftop terrace of the five-star Hotel U Prince, Pavel Baudis surveys the city he's lived in for most of his 59 years.
Tweets: @forbes
| Paul Sullivan / New York Times: |
How a tax loophole lets tech workers and investors who obtained stock while a company was valued under $50M make millions on stock gains tax-free — When Kay Luo joined LinkedIn in 2006, she received a grant of shares with a value of 12 cents each. The company went public in 2011 at $45 a share.| Joshua Franklin / Reuters: |
Sources: Vista Equity Partners raises $850M for a second fund focused on early-stage enterprise software companies — (Reuters) - U.S. private equity firm Vista Equity Partners has raised $850 million for a second fund dedicated to investing in early-stage enterprise software companies …
Tweets: @trengriffin
| Lucas Matney / TechCrunch: |
Real estate computer vision startup Matterport to acquire AI startup Arraiy, which automates special effects processing and has raised $13.9M — Real estate computer vision platform startup Matterport is set to acquire Arraiy, an AI startup aiming to automate special effects processing in film.| Zen Soo / South China Morning Post: |
Chinese bike-sharing startup Hellobike is challenging Ofo and Mobike with a focus on smaller cities and a $145M joint venture for battery-swapping stations — Shanghai-based firm will offer a range of two-wheeler options, including bicycles as well as electric bikes and scooters Shanghai-based Hellobike …
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TechCrunch
Sponsor Posts
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Sources:
Sundar Pichai on what's next for Google Gemini, Waymo, and data centers in space
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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