Techmeme
July 12, 2020, 1:40 AM

Top News

Aroon Deep / MediaNama:
Zomato says its FY 2020 revenue was $394M, up 105% YoY, and EBITDA loss reached $293M vs. $277M in FY 2019, as Zomato Gold/Pro had 1.7M subscribers as of March  —  “While FY19 saw hyper-competition between four well-funded food delivery players, FY20 ended with a two player market structure …
Lorenzo Franceschi-Bicchierai / VICE:
Signal's new feature that allows users to store certain data on their servers for recovery purposes has some security experts threatening to stop using the app  —  The popular encrypted app is now going to store your contacts in the cloud.  Experts are worried this compromises users' privacy.
Eric Slivka / MacRumors:
Report: Apple is making thousands of semitransparent lenses for its AR headset at a Foxconn factory as part of engineering validation test stage of the product  —  Apple and Foxconn have reached a key milestone in the development of Apple's long-rumored augmented reality headset …
Christopher Dring / GamesIndustry.biz:
Microsoft's Phil Spencer claims asking studios to make games for Xbox Series X that will also work on Xbox One at launch won't hinder the potential of Series X  —  “Held back is a meme that gets created by people who are too caught up in device competition”
Leah Rosenbaum / Forbes:
Telemedicine service Doctor on Demand raises $75M Series D led by General Atlantic, bringing the total raised to $240M  —  Although many industries have suffered during the Covid-19 pandemic, telemedicine is one sector that isn't slowing down.  The demand for virtual doctor's appointments …
Jason Koebler / VICE:
A look at the gray market around repairing ventilators, where technicians use homemade dongles and software secretly shared within the community  —  As COVID-19 surges, hospitals and independent biomedical technicians have turned to a global grey-market for hardware and software …
Jake Slobe / Clay and Milk:
Iowa-based Growers Edge, which provides a range of data-driven fintech and analytics tools for the agricultural industry, has closed $40M Series B  —  Growers Edge has announced the close of a $40 million Series B round of financing to accelerate the development of its financial technology products …
The Information:
Wells Fargo tells employees to remove TikTok from corporate-owned devices due to privacy and security concerns, says devices are only for company business use  —  It was a head-spinning day for TikTok, the hit video-sharing app.  Hours after Amazon told employees to delete TikTok from their phones …
Makena Kelly / The Verge:

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More News

Casey Newton / The Verge:
Tom Simonite / Wired:

Earlier Picks

Bloomberg:
Tim Hardwick / MacRumors: