Techmeme
March 8, 2020, 5:30 AM

Top News

Taylor Lorenz / New York Times:
A look at the growing TikTok trend of “sleep-streams”, where users live-stream their sleep to earn digital coins and gain new followers  —  Some TikTok users are going viral, gaining followers and even making cash by live-streaming themselves overnight.
Megan Graham / CNBC:
Austin cancels SXSW, scheduled for March 13-22, due to concerns over COVID-19  —  - SXSW was canceled after a string of high-profile cancellations including Twitter, Facebook and TikTok.  — The conference had been scheduled to take place between March 13 and 22.
Alex Sherman / CNBC:
Interview with Vision Fund chief Rajeev Misra, who admits the fund made many investment mistakes and denies he smeared other high-ranking SoftBank executives  —  - Rajeev Misra, who leads SoftBank's Vision Fund, has largely been quiet as criticism has mounted.
Jessica Saunders / Atlanta Business Journal:
Atlanta-based supply chain tech company Dematic acquires UK-based logistics automation software company DAI for ~$133.5M, as Dematic parent KION completes deal  —  Supply chain technology company Dematic is expanding its software offerings with the acquisition of a UK-based company that specializes in logistics automation software.
FinSMEs:
AutoRABIT, which provides cloud-based DevOps, backup, and recovery services specifically designed for the Salesforce platform, raises $12.5M Series A  —  AutoRABIT, a San Ramon, Calif.-based provider of enterprise-grade cloud DevOps solutions for the Salesforce ecosystem, raised $12.5M in Series A funding.
Yi-Ling Liu / New York Times:
Profile of China-based Blued, one of the largest gay dating apps in the world, which has succeeded by navigating complex rules while staying clear of activism  —  Blued, one of the biggest gay dating apps in the world, has succeeded because it plays by the ever-shifting rules for L.G.B.T.Q. China …
Olga Kharif / Bloomberg:
New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day  —  - Atlas Holdings LLC-owned facility starts mining crypto  — Dresden-based natural gas plant installed 7,000 crypto miners
Mark Gurman / Bloomberg:
Apple is encouraging employees in Silicon Valley and Seattle to work from home as an “additional precaution” against the outbreak of coronavirus  —  Apple Inc. is encouraging employees in Silicon Valley to work from home as an “additional precaution” against the outbreak of coronavirus …
Ina Fried / Axios:

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