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Naspers takes full control of Russian classifieds site Avito in $1.16B deal
Jan 28, 8:17AM
South African internet conglomerate Naspers is best known for backing Chinese tech giant Tencent, but it also operates a vast network on of online classifieds businesses. That network just got a little larger after Naspers took full control of Russia-based Avito through a new $1.16 billion all-cash investment to top up its ownership to over 99 percent. […]
Monzo teams up with Flux to add itemised receipts and loyalty points
Jan 28, 8:00AM
Monzo, the U.K. challenger bank that now boasts 1.5 million current account customers, has partnered with fintech startup Flux to bring itemised receipts and loyalty points to its banking app. Due to be officially unveiled at a joint event in London on Wednesday, the new functionality means that if you’re a customer of Monzo — […]
Google and IAB ad category lists show "massive leakage of highly intimate data", GDPR complaint claims
Jan 28, 7:42AM
Male impotence, substance abuse, right-wing politics, left-wing politics, sexually transmitted diseases, cancer, mental health. Those are just a few of the advertising labels that Google’s adtech infrastructure routinely sticks to Internet users as it watches and tracks what they do online in order to target them with behavioral ads. Intimate and highly sensitive inferences such […]
China's Didi teams up with state-owned BAIC to deepen electric vehicle push
Jan 28, 6:02AM
Didi Chuxing, China’s largest ride-hailing startup which claims over 550 million registered users, is deepening its focus on electric vehicles after it announced a joint venture with BAIC, a state-owned automotive giant. ‘Jingju’ — as the venture is called — is a partnership between Didi and BAIC affiliate Beijing Electric Vehicle that will develop “next-generation connected-car […]
BuzzFeed employees demand it pay out earned PTO to all laid-off U.S. staffers
Jan 28, 5:09AM
A group of current and former BuzzFeed employees are asking the company to pay out paid time off to all recently laid-off staff. In response, Lenke Taylor, BuzzFeed's human resources lead, said it wants to meet with staff and is "open to re-evaluating" its decision on PTO. In an open letter to Smith, BuzzFeed's CEO […]
Samsung is ditching plastic packaging
Jan 27, 7:57PM
Samsung Electronics said Sunday it will replace plastic packaging used for its bevy of products from mobile phones and tablets to home appliances and wearables with paper and other environmentally sustainable materials like recycled/bio-based plastics. Samsung will start making the switch in the first half of the year. The company aims to only use paper packaging materials […]
BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently
Jan 27, 4:57PM
Urgently, the roadside assistance startup that connects car owners who need help with tow truck and other services, has raised $21 million in a Series B round that includes the venture arms of BMW, Porsche and Jaguar Land Rover. BMW has also signed Urgently as a vendor partner for its own roadside assistance platform (known […]
Too few cybersecurity professionals is a gigantic problem for 2019
Jan 27, 2:30PM
Robert Ackerman Jr. Contributor Robert Ackerman Jr. is the founder and a managing director of AllegisCyber, an early-stage cybersecurity venture firm, and a founder of DataTribe, a cybersecurity startup "studio" in metropolitan Washington, D.C. More posts by this contributor Cyber breaches abound in 2019 The healthcare industry is in a world of cybersecurity hurt As […]
A simple data analysis disproves the argument for building a border wall
Jan 27, 2:30PM
Ken Miller Contributor Share on Twitter Ken Miller Ken Miller is a Technology Partner at the Omidyar Network. Previously he was an Executive at PayPal and Intuit, and early Board Advisor to Square. More posts by this contributor As hyper-conservative media surged, Republicans’ trust in news cratered Data shows a downward demographic spiral for Republicans […]
The new Two Minutes Hate
Jan 27, 2:00PM
You see it first on Facebook or Twitter. Something contemptible: an image, or a video, or a tweet. One accompanied by a furious, snarky caption, highlighting just how awful and unacceptable it is, a dunk fueled by rage. The outrage rises within you. How can it not? You’re primed for outrage. We all are, now. […]
Without proof, is Huawei still a national security threat?
Jan 26, 11:54PM
It’s Huawei vs. the U.S., the U.K., Canada, Australia, New Zealand, and most of Europe and Japan. It’s almost as if the world’s biggest surveillance superpowers don’t want Huawei cell tower and networking router equipment inside critical networks in their countries, amid concerns of the company’s links to the Chinese military. Huawei, they say, could […]
What (we think) we know about the Samsung Galaxy S10
Jan 26, 10:53PM
The Galaxy S10 will be revealed at an event in San Francisco on February 20. This much we know for sure. Samsung sent out invites for the event sporting a giant number a few weeks back. It's clear the company's looking to get out ahead of what should be a fairly action-packed Mobile World Congress […]
Original Content podcast: Fyre Festival docs shine light on a social media-fueled disaster
Jan 26, 9:30PM
Netflix and Hulu have each released their own documentaries about the infamous Fyre Festival, and the hard-working hosts of the Original Content podcast have watched both of them. We’re joined this week by Brian Heater, and the three of us are unanimous on one thing: If you’re only going to watch one of these documentaries, […]
How have tariffs impacted robotics?
Jan 26, 8:54PM
In July, Tim Cook met Donald Trump in the Oval Office to deliver a simple message. “Our view on tariffs is that they show up as a tax on the consumer and end up resulting in lower economic growth," the executive told the President. "And sometimes can bring about significant risk of unintended consequences." Cook […]
Has the fight over privacy changed at all in 2019?
Jan 26, 8:21PM
Few issues divide the tech community quite like privacy. Much of Silicon Valley's wealth has been built on data-driven advertising platforms, and yet, there remain constant concerns about the invasiveness of those platforms. Such concerns have intensified in just the last few weeks as France's privacy regulator placed a record fine on Google under Europe's […]
One-quarter of jobs are at 'high-risk' of being automated
Jan 26, 6:37PM
No one will be entirely safe from automation in the future, but according to a new study out of the Brookings Institute, around 25 percent of U.S. jobs are at "high risk." It's a stark bit of foreshadowing in a job market that has yet to fully rebound. Roles in transportation, food prep, production and […]
The facts about Facebook
Jan 26, 6:00PM
This is a critical reading of Facebook founder Mark Zuckerberg’s article in the WSJ on Thursday, also entitled The Facts About Facebook. Yes Mark, you’re right; Facebook turns 15 next month. What a long time you’ve been in the social media business! We’re curious as to whether you’ve also been keeping count of how many times […]
Where seed and early-stage funding is growing, contracting or holding steady
Jan 26, 5:53PM
While Silicon Valley remains ground central for hobnobbing with investors, the common wisdom goes, early-stage funding stretches much further elsewhere.
The state of the foldable
Jan 26, 4:37PM
You'd be forgiven for being cynical. I've been seeing foldable display concepts for as long as I've been attending tech trade shows (which, quite frankly, is longer than I care to mention). Big names like Samsung and LG have been pumping countless R&D dollars into the technology in hopes of being first to next step […]
Startups Weekly: Is Munchery the Fyre Festival of startups?
Jan 26, 1:00PM
Munchery goes under, a new podcast documents the Theranos saga, experts explain direct listings and more.
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