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November 25, 2019, 9:45 AM
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memeorandum
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| Gwyn Topham / The Guardian: |
Uber loses its license to operate in London after authorities discovered that 14K+ trips were taken with uninsured drivers — Ride-hailing service to continue while it appeals against Transport for London decision — Uber has lost its licence to operate private hire vehicles in London …
More:
Transport for London, Quartz, The Verge, BBC, VentureBeat, Telegraph, Bloomberg, New York Times, ZDNet, CNET, Bloomberg, The Hill, MIT Technology Review, NBC News, Business Insider, Inquirer, Gizmodo, TechCrunch, Yahoo Finance, Wall Street Journal, Reuters, TechSpot, Boing Boing, Axios, The Mac Observer, Neowin, Mashable, Financial Times, Press Association, CNBC, MSPoweruser, and Seeking Alpha
| Ian Sample / The Guardian: |
Sir Tim Berners-Lee launches Contract for the Web, backed by 150+ organizations including Microsoft, Google, Facebook, and EFF to safeguard the web from abuse — Inventor of web calls on governments and firms to safeguard it from abuse and ensure it benefits humanity
More:
contractfortheweb.org, New York Times, BBC, 9to5Mac, The Verge, Inquirer, World Wide Web Foundation, CNBC, New York Times, World Wide Web Foundation, World Wide Web Foundation, World Wide Web Foundation, PYMNTS.com, BetaNews, and Graham Cluley
Tweets: @timberners_lee, @davezatz, @superwuster, @nytopinion, @lauramiers, @pgsmateo, @webfoundation, @mlasandthelike, and @torgo
| Bethany Allen-Ebrahimian / ICIJ: |
Leaked Chinese government docs reveal the mechanics of running mass detention camps in Xinjiang, predictive policing, mass surveillance, and snooping on expats — A new leak of highly classified Chinese government documents has uncovered the operations manual for running the mass detention camps …
More:
BBC, The Guardian, jpolrisk.com, TechCrunch, New York Times, Business Insider, New York Times, Financial Times, and Foreign Policy
Tweets: @byrdinator, @kenroth, @amybwang, @dabeard, @paulg, @bethanyallenebr, @pekingmike, @mgerrydoyle, @kenroth, @nytimes, @ryanfduffy, @ifyouseekkae, @annafifield, @micahflee, @bethanyallenebr, @nytopinion, @dannyboycrump, @kenroth, @icijorg, @hhavrilesky, @williamyang120, @williamyang120, @parrav, @kenroth, @jeremykonyndyk, @nytopinion, and @peter_dutton
| Devin Coldewey / TechCrunch: |
T-Mobile says it suffered a data breach that affected over one million customers, exposing their names, billing addresses, phone numbers, and more — T-Mobile has confirmed a data breach affecting more than a million of its customers, whose personal data (but no financial or password data) was exposed to a malicious actor.
More:
TmoNews, GeekWire, Engadget, Digital Trends, Boing Boing, Thurrott, PYMNTS.com, and Gizmodo
| Manish Singh / TechCrunch: |
India-based financial services startup Paytm raises $1B led by T. Rowe Price, valuing the company at ~$16B; Paytm has raised more than $3.3B to date — Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated …
More:
PE Hub Blog, Times of India, SiliconANGLE, KrASIA, and Reuters
| Elly Cosgrove / CNBC: |
eBay to sell StubHub to Swiss ticket resale marketplace Viagogo for about $4.05B in cash — - The sale is expected to close by the end of the first quarter of 2020, subject to regulatory approval and customary closing conditions. — Tickets are offered for sale through StubHub in Chicago, Illinois.
More:
Wall Street Journal, Fortune, and Morningstar
| Janko Roettgers / Variety: |
E-book and audiobook subscription service Scribd raises $58M led by Spectrum Equity, bringing its total raised to $106M — Digital reading subscription service Scribd has raised a $58 million round of funding led by Spectrum Equity. The new funding round brings the total amount of money raised by Scribd to $106 million.
More:
TechCrunch, FinSMEs, PE Hub Blog, and PR Newswire
| Leigh Cuen / CoinDesk: |
Protests in Hong Kong, Lebanon, Iran show bitcoin's limitations, as governments cut off internet, disrupting access to global exchanges and limiting liquidity — Protests in Hong Kong, Lebanon, and Iran have forced cypherpunks to test censorship resistant technologies in the wild.
Tweets: @coindesk, @hugohanoi, @la__cuen, @patestevao, @globalmeshlabs, @paulharwood01, @randybrito, @mayazi, and @edadoun
| Charles Fitzgerald / Platformonomics: |
Red Hat's big sale, disappointing exits of Hadoop-based startups and Pivotal show how public clouds like AWS affect business models of open source-focused firms — TL;DR: If the cloud didn't eat Hadoop Inc., Pivotal and Red Hat, what explains their diminished prospects?
More:
diginomica. Tweets: @codinghorror, @carnage4life, @samerkamal, @charlesfitz, @bassamtabbara, @marypcbuk, @trengriffin, and @jim_dowling
| Helene Fouquet / Bloomberg: |
Huawei sues for defamation in Paris after a researcher, broadcast journalist, and telco expert say on TV that it spies against the West and is state controlled — - Claim it's controlled by the Chinese state is false, it says — The company is seeking to sell 5G equipment in Europe
More:
Business Insider, CBC News, and Engadget
Tweets: @jchengwsj, @alecolarizi, @zackwhittaker, @dana_heide, and @mattwaxman1
| Catherine Shu / TechCrunch: |
TookiTaki, which provides AI-based financial compliance software, raises $11.7M in additional Series A funding, bringing its total Series A to $19.2M — TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million …
More:
Tech in Asia and VentureBeat
| Yoolim Lee / Bloomberg: |
Southeast Asian payments startup 2C2P, which works with airlines, travel companies, and online shopping malls, raises $52M — - IFC, Cento Ventures, Arbor Ventures join the funding round — 2C2P is tapping into the region's burgeoning payments marketSponsor Posts
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