| Abner Li / 9to5Google: |
Google says it will not host an in-person I/O event this year, due to coronavirus fears, and will instead offer a series of online events — Following a string of other tech cancellations in recent days, Google just announced that it will not host an in-person I/O 2020 over coronavirus concerns.| Jay Peters / The Verge: |
| Upmanyu Trivedi / Bloomberg: |
India's Supreme Court strikes down central bank's two-year-old ban on cryptocurrency trading in the country — - RBI banned banking services for digital currencies in 2018 — Start ups, exchanges, industry body challenged RBI's directive — India's Supreme Court struck … | Monica Nickelsburg / GeekWire: |
In an email to staff, Amazon says an employee at its Seattle headquarters has tested positive for COVID-19 and that the affected employee remains in quarantine — An Amazon employee at the company's Seattle headquarters has tested positive for the novel coronavirus spreading across the country … | Josh Constine / TechCrunch: |
Robinhood says recent outages were caused by an “unprecedented load” on its system, will waive Gold customers' fee for 3 months, ~$15, as initial compensation — It wasn't the leap year, a coding blip, or a hack that caused Robinhood's massive outages yesterday and today that left customers unable to trade stocks.| Kate Rooney / CNBC: |
| R.T. Watson / Wall Street Journal: |
Quibi says it has closed a second round of financing worth $750M that includes about $400M raised at the end of 2019, bringing its total raised to $1.75B — Closing $750 million financing round brings total raised to $1.75 billion — Short-form video streamer Quibi said it has closed … | Josh Constine / TechCrunch: |
Legal tech startup Atrium is shutting down, laying off 100+ employees; CEO Justin Kan says Atrium failed to be more efficient than a traditional law firm — Justin Kan's hybrid legal software and law firm startup Atrium is shutting down today after failing to figure out how to deliver better efficiency than a traditional law firm.| Mark Gurman / Bloomberg: |
Citing coronavirus concerns, Apple restricts employee travel to Italy and South Korea, following its similar restrictions for China — - Company sends memo to employees about Covid-19 response — Sick employees told to take leave; virtual meetings encouraged| Sam Dean / Los Angeles Times: |
| Jim Salter / Ars Technica: |
Let's Encrypt discovers a bug in its Certification Authority Authorization code, meaning affected users need to manually force-renew certs to avoid downtime — Let's Encrypt users will need to manually force-renew once to avoid downtime. — On Leap Day, Let's Encrypt announced … | Susan Decker / Bloomberg: |
CB Insights analysis of top 100 AI startups: the “most promising” 65 are US-based, though some have a dual HQ in China; overall US investment share is dropping — - Study finds companies focus on health, retail, transportation — Investment from other countries could slow American share| Bloomberg: |
A look at three startups making credit cards for businesses, Ramp, Divvy, and Brex, which have collectively received over $1B in funding and debt — - Investors have placed big bets on business credit cards — American Express is still handily the largest player| Daphne Leprince-Ringuet / ZDNet: |
Facebook says it has developed a more efficient ML tool to spot fake accounts, which has already helped take down 6.6B such accounts in the last year — Even equipped with a brand-new, high-performance algorithm, Facebook is unsure that it will ever win the war against fake accounts.| Khari Johnson / VentureBeat: |
A look at some ways people in China are using AI and machine learning algorithms to detect the spread of COVID-19, predict survival rates for patients, and more — The spread of the COVID-19 coronavirus is a fluid situation changing by the day, and even by the hour.| Matthew Leising / Bloomberg: |
KPMG report estimates that more than $9.8B worth of cryptocurrencies have been stolen since 2017 because of lax security or poorly written code — - Digital assets are vulnerable to lax security and weak code — Industry custodians ‘have a tremendous opportunity to profit’| Nick Statt / The Verge: |
Hulu makes its live TV service available on the PS4, following Sony's decision to shut down their PlayStation Vue service in January — More live TV options come to Sony's gaming console — Hulu is bringing its live TV service, which is separate from its standalone on-demand streaming app … | Aditi Shrivastava / The Economic Times: |
Uber sold Uber Eats in India to Zomato for $206M, instead of $350M as previously reported, in return for a 9.99% stake, lowering Zomato's ~$3B valuation — Ride-hailing major Uber Inc sold its India food delivery business to larger rival Zomato for $206 million in return for a 9.99% stake, regulatory filings by the US-based firm show.| TechCrunch: |
Bytedance launches its Resso “social music streaming app” in India, with a free tier and a premium tier costing $1.35/month on Android, $1.62/month on iOS — TikTok, the hugely popular social media app, found a lot of early traction by giving users a way to create funny lip-synced versions … | Tom Warren / The Verge: |
WhatsApp says a dark mode will become available for iOS and Android users today, after months of testing, on by default for users with system dark mode enabled — Facebook finally says hello to darkness — WhatsApp is finally getting a new dark mode on iOS and Android today.
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