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May 26, 2020, 10:26 AM
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| Raymond Zhong / New York Times: |
The worst of the pandemic may have passed in China, but officials are eager to find new uses for the virus monitoring software that's now on many phones — With the disease there mostly under control, officials are looking for new uses for the government software that's now on many phones.
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The Next Web, The Guardian, Wall Street Journal, CNBC, and VICE
Tweets: @arjunkharpal, @cnbc, @amandadeibert, @counternotions, @gladstein, @emilyzfeng, @joshchin, @faineg, @pt0kes, @jemilahmahmood, @neerajka, and @mdudas
| Richard Lai / Engadget: |
Ex-HTC CEO Peter Chou unveils XRSpace Mova, a $599 5G VR headset with a virtual world called Manova, with a focus on intuitiveness and a social-first approach — Even though Peter Chou had long parted ways with the VR business he created at HTC, the former CEO continued to work in the industry …
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VentureBeat, The Verge, CNET, Android Authority, VentureBeat, Bloomberg, Road to VR, SlashGear, VRFocus, and ZDNet
Tweets: @cnet, @rogerwcheng, @bdsams, and @richardlai
| Chaim Gartenberg / The Verge: |
ARM announces high-end mobile designs of Cortex-A78 CPU and Mali-G78 GPU, which will power flagship Android phones of 2021 for better performance and efficiency — An early look at the future of mobile devices — ARM has announced its latest high-end mobile designs …
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Android Authority, Android Police, SemiAccurate, ZDNet, AnandTech, AnandTech, PCWorld, CNET, and Bloomberg. Tweets: @whatthebit
| Ingrid Lunden / TechCrunch: |
Bluecore, which develops AI-based marketing automation tools, raises $50M Series D led by Georgian Partners, bringing its total raised to $110M — As more online brands look for ways to move beyond third-party cookies as a way of gaining more direct insights about their users and customers … | Will Heaven / MIT Technology Review: |
Smaller American retailers are turning to robots to automate warehouse work, techniques long used by Amazon and others, spurred on by the pandemic — Big online stores are based around vast automated warehouses. Smaller and cheaper versions of this tech will be key if smaller stores are to survive through a series of lockdowns.| Christopher Mims / Wall Street Journal: |
The biggest tech companies have the resources to out-innovate their competitors and further solidify their dominance as smaller rivals struggle — The only thing better than being essential to the global economy during a crisis? Having the cash to continue to out-innovate your suddenly impoverished competitors.| Ryan Browne / CNBC: |
Estonia-based on-demand transport startup Bolt raises €100M in a convertible note from Naya Capital Management at a €1.7B valuation — - Bolt said it raised 100 million euros from Naya Capital, lifting the ride-hailing app's valuation to 1.7 billion euros.
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TechCrunch, Reuters, EU-Startups, Bloomberg, Forbes, and CNBC
| Natasha Lomas / TechCrunch: |
Zurich-based Scandit, which develops software for barcode scanning, OCR, and AR, raises $80M series C led by G2VP, bringing its total raised to $123M — Enterprise barcode scanner company Scandit has closed an $80 million Series C round, led by Silicon Valley VC firm G2VP.
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VentureBeat, FinSMEs, Tech.eu, Scandit, and Scandit
| Bloomberg: |
Japan-based Lasertec, which makes semiconductor testing machines for ultraviolet lithography manufacturing at $40M+/machine, saw its stock rise 550% in 2019 — - Up About 550% since start of 2019, Lasertec is key supplier — Company sells semiconductor testing machines to Samsung, TSMC| Rita Liao / TechCrunch: |
Medwing, which develops an automatic job matching system connecting workers with hospitals and nursing homes, raises €28M Series B led by Cathay Innovation — Medwing, a German startup with an ambition to tackle Europe's shortage of healthcare workers, said on Tuesday … | Zheping Huang / Bloomberg: |
Chinese food delivery service Meituan Dianping beats estimates with sales of $2.4B, net loss of $221M; Meituan stock rose 9.7%, taking its market cap to $100B+ — - CEO Wang Xing warns of persistent pressure over 2020 — Hotel and travel services hit by virus fears, travel curbs| Mark Scott / Politico: |
With GDPR's two-year anniversary today, the Irish Data Protection Commission is under pressure to act, amid doubts about the agency's enforcement ability — Ireland's Data Protection Commission is under pressure to act, and act soon. — Facebook's European headquarters in Dublin.
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Noyb, CNET, CdrInfo.com, Reuters, TechSpot, and EURACTIV.com
Tweets: @maxschrems, @maxschrems, @maxschrems, @rossjanderson, @markets, and @kaminskimk
| Stephanie Bodoni / Bloomberg: |
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noyb, TechRadar.com, EURACTIV.com, The Irish Times, Politico, beuc.eu, Telecoms.com, The Irish Times, Silicon Republic, and Computer Business Review
Tweets: @siliconbarry, @maxschrems, @nicholasvinocur, @dataethicseu, @malteengeler, and @jason_kint
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