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October 7, 2019, 10:00 AM
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| Saritha Rai / Bloomberg: |
Indian hotel-booking startup Oyo is raising $1.5B at a $10B valuation, of which $700M is from the founder Ritesh Agarwal, who plans to raise his stake to 30% — - 25-year-old founder will spend $700 million for new shares — Existing investors such as SoftBank, Sequoia will add the rest
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TechCrunch, Reuters, Business Insider, PYMNTS.com, and Inc42 Media
Tweets: @bsindia, @saritharai, and @r0h1n
| Sarah Gooding / WordPress Tavern: |
Matt Mullenweg and Ruby on Rails' creator David Heinemeier Hansson discuss balance of power in open source projects, tradeoffs of growing WordPress market share — In what began as a heated conversation on Twitter, Automattic CEO Matt Mullenweg and Ruby on Rails creator …
Tweets: @dhh, @velocitywong, @mattmedeiros, @photomatt, @dhh, @dhh, @reworkpodcast, @dhh, @dhh, @lehrjulian, @photomatt, @tolles, and @photomatt
| Andreessen Horowitz: |
The history of open source, as big VC raises and multi-billion dollar exits for open source software startups become normalized — Editor's Note: The open source software (OSS) movement has created some of our most important and widely used technologies, including operating systems, web browsers, and databases.
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Beyond Search. Tweets: @benmarks, @cathcam, @neuromusic, @jenniferhli, @a16z, @a16z, @a16z, and @a16z
| David Carnoy / CNET: |
Amazon launches $110 Kindle Kids Edition, with a choice of four cases, one year free FreeTime Unlimited subscription, and features like achievement badges — Amazon's been selling kid-friendly editions of Fire tablets for a while, but now it's bringing the Kids Edition concept to its Kindle e-reader.
More:
Digital Trends, VentureBeat, Ars Technica, GeekWire, and The Verge
| Jane Zhang / South China Morning Post: |
A look at the vast surveillance infrastructure in Chongqing, China, where an estimated 2.58M surveillance cameras cover a population of 15.35M as of 2019 — Whether it is to monitor traffic, prevent petty theft in restaurants or monitor public safety in parks - residents can be sure …
Tweets: @fabiochiusi, @patrickpoon, and @zensoo
| Carl Miller / BBC: |
Taiwanese Wikipedia editors, who suspect the Chinese government is behind edits made to politically sensitive articles, are facing attacks and death threats — Ask Google or Siri: “What is Taiwan?” — “A state”, they will answer, “in East Asia”. — But earlier in September …
More:
The Overspill. Tweets: @carljackmiller, @hshaban, @carljackmiller, @asiareportcom, @unahajdari, @albefittarelli, and @benimmo
| Greg Sterling / Search Engine Land: |
As Verizon sells off MapQuest for a pittance, a look at the long, slow decline of the once dominant online mapping site which AOL bought for $1.1B in 2000 — Once the dominant mapping site, the decline of Mapquest is a story of disruptive competition and corporate complacency.| Ingrid Lunden / TechCrunch: |
Berlin-based Tier Mobility, which operates a fleet of 20K scooters across 40 cities in 12 countries, raises $60M Series B co-led by Mubadala and Goodwater — On the heels of Bird closing a $275 million round to help put itself in pole position in the electric scooter market … | Jack Corrigan / Nextgov: |
DHS' new cloud-based HART system, which will house biometric data on 250M+ people via AWS' GovCloud, promises to significantly expand DHS' biometric operations — The cloud-based HART system, which will house data on hundreds of millions of people, promises to significantly expand … | Elizabeth Gibney / Nature: |
Analysis: in 2017 and 2018, quantum computing startups received at least $450M in private funding, more than 4x the $104M disclosed over the previous two years — A Nature analysis explores the investors betting on quantum technology. — Search for this author in: — Share via E-Mail| Antoine Gara / Forbes: |
Profile of Barry Diller, as he prepares to spin off IAC's 81% stake in Match Group and 84% stake in Angie's List owner ANGI HomeServices, worth a combined $20B — Oh, no! " Barry Diller's leathery voice booms when talk turns to paparazzi photos from a recent vacation on his $40 million superyacht.
Tweets: @lsukernik, @ckwitt3, @modestproposal1, and @antoinegara
| Carrie Mihalcik / CNET: |
Two new California laws crack down on deepfakes in politics and porn, with one giving citizens the right to sue if they are placed in porn without their consent — While some deepfakes are silly and fun, others are misleading and even abusive. Two new California laws aim to put a stop to these more nefarious video forgeries.
More:
AI News, NBC Bay Area, Engadget, and San Francisco Chronicle
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Cheeky Pint:
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Robinhood's CEO on letting AI trade your money
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