Techmeme

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Saritha Rai / Bloomberg:
Counterpoint Research: Apple sold less that 1M iPhones in India in the first half of 2018; sources: three key Apple India sales executives have left   —  - Recent exits are said to include sales and distribution heads  — The iPhone maker struggles to compete in a fast-growing market
Jul 14, 2018, 2:15 PMIn context
Bloomberg:
Sources: Adobe plans to unveil the full version of Photoshop for iPad at its annual MAX creative conference in October and release it in 2019   —  - Users in media, entertainment want to edit work ‘on the fly’  — Long-term effort will spread to other Adobe programs later
Jul 13, 2018, 8:15 AMIn context
Bloomberg:
Chinese city Nanjing, which is remaking itself as a tech hub by spending billions, is at the forefront of the government's effort to compete with Silicon Valley   —  Nanjing's new research park is at the heart of the trade war with the U.S.  —  About 300 kilometers (186 miles) …
Jul 12, 2018, 5:05 AMIn context
Karen Weise / Bloomberg:
Facebook research group Social Science One to offer scholars access to a petabyte of anonymized user data to understand the role of misinformation in elections   —  An independent research initiative that Facebook Inc. announced in the wake of the Cambridge Analytica scandal is launching its first study …
Jul 11, 2018, 3:40 PMIn context
Thomas Seal / Bloomberg:
Alibaba in talks with UK's BT about cloud services partnership; source: may echo 2016 Vodafone agreement in Germany where Alibaba built its first EU data center   —  - Internet company offering BT services like Vodafone in Germany  — Alibaba Cloud seeks growth in Europe as U.S. plans stumble
Jul 9, 2018, 8:55 PMIn context
Olga Kharif / Bloomberg:
About 56% of crypto startups that raise money via ICOs die within 4 months of their token sales being finalized, says study of 2,390 ICOs completed before May   —  - Boston College study found that ICO returns are declining  — Best strategy may be selling the tokens within six months
Jul 9, 2018, 6:00 PMIn context
Bloomberg:
Uber is investing in Lime as part of $335M round led by GV that values the firm at $1.1B; Uber plans to promote Lime through its app, execs from the firms said   —  - Ride-hailing company invests as part of $335 million round  — Alphabet's GV leads deal valuing Lime at $1.1 billion
Jul 9, 2018, 11:32 AMIn context
Bloomberg:
Samsung says it is building the world's largest smartphone factory in Noida, India with the capacity of 120M units per year   —  - Indian PM Modi, South Korea's Moon to visit Samsung facility  — India is the fastest growing smartphone major market  —  Samsung Electronics Co. will open …
Jul 9, 2018, 8:15 AMIn context
Bloomberg:
US Court of Appeals for DC Circuit upholds FAA's ability to police hobbyist drone use, overturning a decision from last year that said FAA's system was illegal   —  - Craft operator had argued U.S. agency exceeded its authority  — Ruling sets stage for government to expand drone commerce
Jul 6, 2018, 3:50 PMIn context
Hans Lee / Bloomberg:
IBM secures AU$1B contract to be the central technology partner to Australian government over the next five years, providing automation and blockchain services   —  - Contract comes 2 years after playing role in bungled census  — Government savings from 5-year agreement estimated at A$100m
Jul 5, 2018, 11:20 AMIn context

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