Techmeme
November 28, 2023, 5:35 AM

Top News

Shira Ovide / Washington Post:
Maria Deutscher / SiliconANGLE:
Ben Schoon / 9to5Google:
Google says it is investigating an issue caused by Google Drive's desktop app, after users' reports in recent days that some of their files have disappeared  —  Over the past few days, quite a few Google Drive users have noticed files go missing, and now Google is confirming that it is looking …
Wall Street Journal:
Sources: fast-fashion giant Shein confidentially files for a US IPO, potentially in 2024, with Goldman Sachs, JPMorgan Chase, and Morgan Stanley as underwriters  —  The Chinese company was valued at $66 billion earlier this year  —  Shein, the China-founded online fashion company that won …
Ingrid Lunden / TechCrunch:
Atomico: European startups are on track to raise $42B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021  —  The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist …
David Heaney / UploadVR:
Finland-based Varjo launches the XR-4, a $3,990 mixed reality headset aimed at businesses, touting a 120-degree field of view, 4K displays, and more  —  Varjo just announced the XR-4 series, its latest range of ultra high end PC-based headsets for enterprise and governments.
Samantha Cole / 404 Media:
Big names like Kelsey Hightower pull out of the DevTernity conference after allegations its founder made fake profiles of female speakers to boost diversity  —  The founder of a software developer conference has been accused of creating fake female speakers to bolster diversity numbers …
Sarah Zheng / Bloomberg:
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations  —  - Report is ‘without merit’, Shanghai-based AI developer says  — Company is building a ChatGPT-like conversation bot for China
Kellen / Droid Life:
YouTube rolls out Playables, which lets users play games on mobile and desktop with no need to download, for Premium users, available until March 28, 2024  —  YouTube Premium's benefits expanded this holiday week with the addition of Playables into the app.
Hannah Lang / Reuters:
A US judge rules ex-Binance CEO Changpeng Zhao cannot leave the US until a court considers whether he should remain through his sentencing hearing in February  —  Former Binance chief Changpeng Zhao cannot leave the United States for the time being, a federal judge said on Monday …
Foo Yun Chee / Reuters:
The European Commission says Amazon's $1.4B iRobot acquisition may restrict competition; Amazon plans to work to address its concerns; IRBT drops ~18%  —  EU antitrust regulators said on Monday Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) …
Sarah Zheng / Bloomberg:
Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand  —  Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth …
More: Meituan

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More News

Samidha Sharma / The Economic Times:
Leah Nylen / Bloomberg:

Earlier Picks

Cate Lawrence / Tech.eu:
Cissy Zhou / Nikkei Asia:
Chloe Cornish / Financial Times:
Stephen Witt / New Yorker: