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April 6, 2021, 10:25 AM
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| James T. Areddy / Wall Street Journal: |
China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals — A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn't linked to the dollar-dominated global financial system
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Protocol and Techpoint Africa
| Nick Statt / The Verge: |
Yahoo Answers, one of the internet's most storied Q&A sites, will be shut down on May 4 and the company says a comprehensive archive will not be provided — The end of a long and storied internet era (of bad questions and even worse answers) — Yahoo Answers, one of the longest-running … | Clubhouse: |
Clubhouse partners with Stripe to let its users send payments to other users without taking a cut; only selected users will be able to receive payments for now — From the earliest days of Clubhouse, a guiding principle has been to build a platform that puts the creator first.
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TechCrunch, The Verge, PCMag, Insider, KnowTechie, The Economic Times, Engadget, Silicon Canals, TechRadar, Pocket-lint, Gizmodo, Social Media Today, SlashGear, Reuters, Mashable, Forbes, Pocketnow, and Axios
Tweets: @patrickc, @patrickc, @joinclubhouse, @morqon, @producthunt, @amyecheetham, @rrhoover, @benedictevans, @hedgeyecomm, @johnstcapital, @benedictevans, @scaramucci, @martinsfp, @sytaylor, @joinclubhouse, @kateclarktweets, @fairyglowmother, @benedictevans, @rrhoover, @eladgil, @carnage4life, @bonecondor, @gonelf, @benedictevans, @benedictevans, and @benedictevans
| Jon Porter / The Verge: |
TikTok says creators will soon be able to add automatic captions to videos in US English and Japanese with support for other languages “in the coming months” — Launching in American English and Japanese first — TikTok creators will soon be able to add automatically-generated captions … | Atul Bhattarai / Rest of World: |
A look at the rise and fall of India's missed call industry, which was transformed by Twitter-owned ZipDial that serviced 5M missed calls a day at its peak — In the age of expensive data, missed calls became more than just a cheap way to communicate. But in India, technology moves faster than you'd think.
Tweets: @restofworld, @shiraovide, @anupkaphle, @restofworld, @restofworld, and @restofworld
| Bloomberg: |
Companies that make $1 display driver chips can't keep up with surging demand, causing serious production problems for products with LCD displays like laptops — - Without a display driver chip, you can't build your product — CEO says he can't “see the light at the end of tunnel yet.”
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Tom's Guide and Kotaku
Tweets: @quinnypig, @6d6f636869, @economictimes, @thestalwart, @geopol2030, and @6d6f636869. Thanks:@pelstrom
| Ingrid Lunden / TechCrunch: |
Sendbird, which helps developers integrate chat, video, and other features in their apps, raises $100M at a $1.05B valuation led by Steadfast Financial — Messaging is the medium these days, and today a startup that has built an API to help others build text and video interactivity …
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VentureBeat
| Kyle Wiggers / VentureBeat: |
ThreatQuotient, a threat-focused security operations provider, raises $22.5M in a mix of debt and $13M equity, bringing its total raised to $60M+ — Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. — ThreatQuotient, a security operations platform provider …
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Crunchbase News and FinSMEs
| Debby Wu / Bloomberg: |
Foxconn Q1 revenue jumps 44% YoY to $47B based on robust demand for Apple's new 5G devices and other gadgets — - Consumers continue to buy devices to stay connected at home — Company warns component shortage will affect 10% of shipments — IPhone assembler Hon Hai Precision Industry Co.'s …
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9to5Mac, AppleInsider, and Cult of Mac
| Manish Singh / TechCrunch: |
India's CRED, which rewards customers for paying their credit card bills on time, raises $215M Series D at a $2.2B post-money valuation, up from $800M in Jan. — Two-year-old CRED has become the youngest Indian startup to be valued at $2 billion or higher.
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The Economic Times, Bloomberg, Entrackr, Inc42 Media, DealStreetAsia, and Livemint. Tweets: @swarajk224
| Ingrid Lunden / TechCrunch: |
Empathy, an AI-based digital assistant that helps families organize affairs after a death, emerges from stealth with $13M — Death, despite being one of the most inevitable of life's events, can also be one of the most complicated and problematic. Fraught with emotional and religious complexities … | Lucas Shaw / Bloomberg: |
As the pandemic drags on, new shows are harder to come by for streaming services; report: the number of originals Netflix released so far in '21 is down 12% YoY — Streaming Services Have Finally Run Out of New Shows. Kind of. — Every couple weeks during the pandemic … | Bloomberg: |
Sources: Enjoy Technology, which runs mobile retail stores and is led by ex-Apple exec Ron Johnson, is in talks to go public via SPAC at a $1.6B valuation — Enjoy Technology Inc., a startup that has operated mobile retail stores for companies including Apple Inc., AT&T Inc. …
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Crunchbase News, SiliconANGLE, and Silicon Valley Business …
| Mary Ann Azevedo / TechCrunch: |
Cora, which offers a digital checking account and other financial services to SMBs, raises $26.7M Series A led by Ribbit Capital — Cora, a São Paulo-based technology-enabled lender to small and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital.
Tweets: @bayareawriter
| Paul R. La Monica / CNN: |
NonFungible.com data shows the average price of an NFT has dropped from over $4,000 in late February to ~$1,256 on April 5 — New York (CNN Business)Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates …
Tweets: @patreon, @cnnbusiness, and @ahcastor
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