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Chinese e-commerce challenger Pinduoduo is raising over $1 billion more
Feb 06, 7:50AM
The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD, which is raising more than $1 billion in fresh capital just six months after it went public. The company announced plans to sell 37 million shares in a move that will raise over $1 billion, going […]
Raisin raises $114M for its pan-European marketplace for savings and investment products
Feb 06, 6:00AM
Raisin, the pan-European fintech marketplace for savings and investment products, is disclosing that it has raised $114 million in Series D funding. Existing investors Index Ventures, PayPal, Ribbit Capital and Thrive Ventures all participated in the round, which brings the total raised to date to $200 million. Tellingly, the fast-growing Berlin fintech says it plans […]
YouTube's CEO says it will continue addressing monetization issues, admits Rewind 2018 was "cringey"
Feb 06, 5:11AM
In an open letter to YouTube creators today, YouTube CEO Susan Wojcicki admitted that even her kids think Rewind 2018 is "cringey." Meant as a celebratory recap, the video has garnered a record-setting 15 million dislikes so far. "We hear you that it didn't accurately show the year's key moments, nor did it reflect the […]
Instacart faces class-action lawsuit regarding wages and tips
Feb 06, 2:59AM
Instacart is facing another class-action lawsuit pertaining to the way it pays its independent contractors, NBC News reports. Instacart guarantees its workers at least $10 per job, but workers are alleging Instacart offsets wages with tips from customers. The suit alleges Instacart “intentionally and maliciously misappropriated gratuities in order to pay plaintiff's wages even though […]
Two more bangers for the Switch's NES selection: Kirby and Super Mario Bros 2
Feb 06, 1:38AM
Nostalgia for the NES is high following the success of Nintendo's classic mini consoles and the launch of its Switch Online service, which just got a couple more great additions to its selection of 8-bit games: Kirby's Adventure and the immortally weird Super Mario Bros 2.
Watch the 2019 State of the Union address here (or not)
Feb 06, 12:35AM
It's that time again — time to hear what kind of state our precious union is in. For those of you inclined to watch the temporarily delayed speech by the President, you can of course watch it in a bar and invent your own drinking game, but you can also stay home and watch it on YouTube or C-SPAN. The drinks are cheaper — and stronger.
The next integration evolution — blockchain
Feb 06, 12:00AM
Over the years, businesses and their systems are getting more integrated, forming industry-specific trustless networks, and blockchain technology is in the foundation of this evolutionary step.
Tesla has opened an Amazon store to spread its swag far and wide
Feb 05, 11:27PM
Tesla has had a brisk merch business for years now, thanks to its fervent owner base and fans, who are enthusiastic supporters of the company and its CEO Elon Musk. But until now, those Tesla-branded items — everything from water bottles and hats to jackets, chargers and once a surfboard — have been sold through […]
Google's still not sharing cloud revenue
Feb 05, 10:33PM
Google has shared its cloud revenue exactly once over the last several years. Silence tends to lead to speculation to fill the information vacuum. Luckily there are some analyst firms who try to fill the void, and it looks like Google’s cloud business is actually trending in the right direction, even if they aren’t willing […]
This Marie Kondo-inspired Twitter tool will help you declutter your timeline so it again 'sparks joy'
Feb 05, 10:08PM
Does your Twitter timeline spark joy? If you’re like most people, probably not. Over the years, you probably politely followed back a few too many Twitter accounts, and now have a timeline filled with all sorts of random tweets from people you can’t even remember following in the first place. A new Twitter tool, Tokimeki Unfollow, […]
Official emoji debut for disabled folks, service dogs, waffles and more
Feb 05, 9:48PM
A gaggle of new emoji have just been approved by the Unicode Consortium, meaning they'll be standard across any platforms that choose to support them. This batch includes some much-needed representation for people with various disabilities, new animals from guide dogs to otters, food and many more objects.
Angela Ahrendts is leaving Apple
Feb 05, 9:45PM
Angela Ahrendts will depart Apple in April, almost exactly five years after taking on a role as the company’s senior vice president of retail. Apple says Ahrendts is leaving “for new personal and professional pursuits.” Ahrendts joining Apple in 2014 was massive news, with her having just served as the CEO of the luxury fashion […]
Snapchat shares soar as it stops losing users, shrinks losses in Q4
Feb 05, 9:15PM
Snapchat isn’t growing again, but at least it didn’t hemorrhage any more users in its Q4 earnings report. The company stayed flat at 186 million daily users after falling from 191 million in Q1 to 188 million in Q2 to 186 million in Q3. It exceeded an expected quarterly count of 184.2 million user, though 186 […]
Snapchat's Android usage keeps falling but rebuild tests well
Feb 05, 9:13PM
Snap has finally begun publicly testing the engineering overhaul of its slow and buggy Android app that for years has cost Snapchat users. Promising early results and reduction in app startup time could help Snapchat fix its growth problem after daily active users sank in Q2 and Q3 before staying put at 186 million in […]
Healthcare by 2028 will be doctor-directed, patient-owned and powered by visual technologies
Feb 05, 8:30PM
Visual assessment is critical to healthcare -- whether that is a doctor peering down your throat as you say "ahhh" or an MRI of your brain.
SF also denies JUMP's electric scooter appeal
Feb 05, 8:27PM
A neutral hearing officer in the San Francisco Municipal Transportation Agency has denied Uber -owned JUMP’s appeal regarding the SFMTA’s decision to not provide JUMP a permit to operate shared electric scooters in the city. “We are pleased the hearing officer validated our permitting process, which above all, prioritized the public interest,” SFMTA Communications Manager […]
Google Home can now translate conversations on-the-fly
Feb 05, 8:23PM
Just last month, Google showed off an “Interpreter mode” that would let Google Home devices act as an on-the-fly translator. One person speaks one language, the other person speaks another, and Google Assistant tries to be the middleman between the two. They were only testing it in select locations (hotel front desks, mostly) at the […]
NASA cubecraft WALL-E and EVE sign off after historic Mars flyby
Feb 05, 8:02PM
A NASA mission that sent two tiny spacecraft farther out than any like them before appears to have come to an end: Cubesats MarCO-A and B (nicknamed WALL-E and EVE) are no longer communicating from their positions a million and two million miles from Earth respectively.
Play Iconary, a simple drawing game that hides a deceptively deep AI
Feb 05, 7:23PM
It may not seem like it takes a lot of smarts to play a game like Pictionary, but in fact it involves a lot of subtle and abstract visual and linguistic skills. This AI built to play a game like it is similarly complex, and its interpretations and creations when you play it (as you can now) may seem eerily human — but it's refreshing to have such an agent working in collaboration rather than trying to beat you.
Showing the power of startup women's health brands, P&G buys This is L
Feb 05, 6:46PM
The P&G acquisition of This is L., a startup retailer of period products and prophylactics, shows just how profitable investing in women’s healthcare brands and products can be. A person with knowledge of the investment put the price tag at roughly $100 million — a healthy outcome for investors and company founder Talia Frenkel. But just as […]
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