Techmeme

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Reuters:
While Facebook says human trafficking on its site is not allowed, it took weeks to remove a viral post that led to the auction of a child bride in South Sudan   —  JUBA/NAIROBI (Thomson Reuters Foundation) - The auction of a South Sudanese girl for marriage on Facebook could spur other families …
Nov 20, 2018, 7:05 PMIn context
Reuters:
SoftBank invests $2B in South Korean e-commerce company Coupang, source says at a ~$9B valuation   —  SoftBank Group Corp's Vision Fund is investing $2 billion in South Korea's top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup girds for battle against rivals backed by the country's cash-rich chaebol.
Nov 20, 2018, 9:05 AMIn context
Reuters:
Palantir to set up a joint venture called Syntropy with German lab supplies company Merck KGaA to offer cancer data analytics tools to research centers   —  FRANKFURT (Reuters) - Palantir Technologies Inc will set up a cancer data analytics joint venture with German lab supplies company Merck KGaA …
Nov 20, 2018, 4:15 AMIn context
Reuters:
JD.com reports Q3 revenues of $15.09B, up 25.1% YoY, but posts $94.7M loss, says it will move its warehouse business into a separate unit to boost income   —  (Reuters) - China's JD.com Inc reported third-quarter revenue on Monday that fell short of analysts' estimates on sluggish sales in its core e-commerce business.
Nov 19, 2018, 8:10 AMIn context
Patpicha Tanakasempipat / Reuters:
Thailand's proposed new law will grant government power to spy on internet traffic, order the removal of content, and seize computers without judicial oversight   —  BANGKOK (Reuters) - A proposed cybersecurity law in Thailand would give a new government agency sweeping powers to spy on internet traffic …
Nov 16, 2018, 4:30 PMIn context
Reuters:
Canaan, a maker of bitcoin mining hardware, let its application for a Hong Kong IPO to raise at least $400M lapse   —  HONG KONG (Reuters) - Canaan Inc, one of the world's leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse …
Nov 16, 2018, 3:05 PMIn context
Heather Somerville / Reuters:
Airspace Technologies, an online platform for time-critical shipping like getting blood samples delivered to a lab or organs to a hospital, raises $20M Series B   —  SAN FRANCISCO (Reuters) - The latest startup aiming to bring new technology to the business of moving around cargo …
Nov 16, 2018, 5:20 AMIn context
Uday Sampath Kumar / Reuters:
Source: Instacart raised an additional $271M in November, on top of its $600M round in October, from Tiger Global Management and others   —  (Reuters) - Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management …
Nov 14, 2018, 3:55 PMIn context
Reuters:
Tencent-backed online Chinese travel company Tongcheng-eLong launches smaller-than-expected IPO that aims to raise around $233M, down from earlier $1B estimates   —  HONG KONG (Reuters) - Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected Hong Kong IPO …
Nov 14, 2018, 2:25 PMIn context
Angus Berwick / Reuters:
Investigation shows how ZTE helped Venezuela's government build a system, used by as many as 18M, similar to China's national identity card program   —  TRICKS OF THE TRADE: Critics say China exports tools that help autocratic governments monitor citizens.  Venezuelan President Nicolás …
Nov 14, 2018, 12:20 PMIn context

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