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Lulu Yilun Chen / Bloomberg:
Tencent previews Xiaowei, an AI voice assistant for WeChat that will integrate with Tencent's own services and apps by third parties such as Meituan or Didi   —  - WeChat's assistant can help connect users with mini apps  — WeChat mini programs will focus on monetisation with ads
Jan 13, 2019, 5:00 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Alibaba-backed AI startup Megvii, owner of facial recognition developer Face++, is considering an IPO in Hong Kong that could raise as much as $1B   —  - Owner of Face++ is said to consider Hong Kong as a destination  — AI startup said to weigh raising at least $500 million
Jan 11, 2019, 4:15 AMIn context
Bloomberg:
Shareholder sues Alphabet's board of directors, claiming they breached fiduciary duty by covering up sexual misconduct by execs and giving Andy Rubin a payout   —  - Investor accuses Alphabet directors of abusing their power  — Android creator allegedly got $90 million payout amid probe
Jan 10, 2019, 6:05 PMIn context
Bloomberg:
Xiaomi's stock has declined 17% over the past three days, erasing $6.2B in value, as analysts cut price targets and post-IPO stock sales are unlocked   —  - Shares tumble 17 percent as IPO lock-up period expires  — Cost of unlocked shares is as low as 2 Hong Kong cents
Jan 10, 2019, 11:35 AMIn context
Sarah Frier / Bloomberg:
Customers have been annoyed by Samsung's deal to pre-install Facebook on devices, including Galaxy phones, because the app can only be disabled, not deleted   —  - Galaxy owners take to Twitter to complain about permanent app  — Pre-install deals are common, but privacy concerns are rising
Jan 8, 2019, 5:25 PMIn context
Sam Kim / Bloomberg:
Samsung forecasts decline in Q4 operating profit to ~$9.65B, below analyst estimates of ~$12.4B, due to weak memory chip demand and competition in smartphones   —  Samsung Electronics Co. posted fourth-quarter profit below estimates as demand for memory chips slumps amid deteriorating relations between the U.S. and China.
Jan 7, 2019, 7:40 PMIn context
Patrick Donahue / Bloomberg:
Report: German authorities seek help from NSA after finding that hackers had released private data linked to Chancellor Merkel and hundreds of other politicians   —  - German politicians criticize technology security agency  — Interior minister pledges to get to bottom of data dump
Jan 6, 2019, 10:23 PMIn context
Bloomberg:
Hackers dump private info of Angela Merkel and hundreds of other German politicians including email addresses, phone numbers, and personal chat transcripts   —  - Leak includes emails, chat transcripts, photos, phone numbers  — Hack is ‘elaborate’ social-engineering attack, IT expert says
Jan 4, 2019, 7:20 AMIn context
Shira Ovide / Bloomberg:
Apple failed to warn about China and market saturation, the underlying conditions for its guidance downgrade, which were obvious to those paying attention   —  The company has reached the end of its denial phase.  —  The optimistic narrative about Apple Inc.'s iPhone business is falling apart in front of our eyes.
Jan 3, 2019, 12:05 PMIn context
Alastair Marsh / Bloomberg:
Crypto efforts of Goldman Sachs, Morgan Stanley, Barclays, and others are in limbo after bitcoin's months-long fall and weak demand from institutional clients   —  Goldman Sachs, Morgan Stanley and many more built it.  But they didn't come.  —  Limbo—that's where to find Wall Street when it comes to cryptocurrencies.
Dec 24, 2018, 2:15 PMIn context

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