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Trump's China tariffs are getting a major increase on Friday
May 08, 1:22PM
The stock market has already seen some wild fluctuations this week in anticipation of the latest volley in a trade war ramping up between the U.S. and China. Now it seems the President is making good on his promise to further increase tariffs on goods from the country. Documents posted to the Federal Register (via […]
Samsung spilled SmartThings app source code and secret keys
May 08, 1:02PM
A development lab used by Samsung engineers was leaking highly sensitive source code, credentials and secret keys for several internal projects — including its SmartThings platform, a security researcher found. The electronics giant left dozens of internal coding projects on a GitLab instance hosted on a Samsung-owned domain, Vandev Lab. The instance, used by staff […]
SoFi launches gig-focused ETF
May 08, 1:00PM
SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new index fund product focused on the gig […]
Bird is now selling its electric scooters directly to consumers
May 08, 1:00PM
Bird, recognizing the growing possibility that people will want to own electric scooters rather than share them, is launching a new scooter model available for purchase. Called the Bird One, it will be available for ownership and shared use cases. Bird is also ditching the Ninebot ES and relying on its own M365 model for […]
Sumo Logic announces $110M Series G investment on valuation over $1B
May 08, 12:58PM
Sumo Logic, a cloud data analytics and log analysis company, announced a $110 million Series G investment today. The company indicated that its valuation was “north of a billion dollars,” but wouldn’t give an exact figure. Today’s round was led by Battery Ventures with participation from new investors Tiger Global Management and Franklin Templeton. Other […]
Kargo is disrupting logistics in Myanmar, one of the world's most challenging countries
May 08, 12:22PM
Founders in Seattle recently bemoaned a lack of capital and support when compared to Silicon Valley — what about those building startups in more remote markets? Kargo, a company that takes the spirit of Uber and brings it to the disorganized world of trucking, has raised a SG$800,000 (US$580,000) round of funding, giving TechCrunch an […]
Iguazio brings its data science platform to Azure and Azure Stack
May 08, 12:00PM
Iguazio, an end-to-end platform that allows data scientists to take machine learning models from data ingestion to training, testing and production, today announced that it is bringing its solution to Microsoft’s Azure cloud and Azure Stack on-premises platform. The 80-person company, which has received a total of $48 million in funding to date, aims to […]
Tencent replaces hit mobile game PUBG with a Chinese government-friendly alternative
May 08, 9:48AM
China’s new rules on video games, introduced last month, are having an effect on the country’s gamers. Today, Tencent replaced hugely popular battle royale shooter game PUBG with a more government-friendly alternative that seems primed to pull in significant revenue. The company introduced ‘Game for Peace’ in a Weibo post at the same time as […]
HeyJobs, a 'talent acquisition' platform out of Berlin, raises $12M Series A
May 08, 8:00AM
HeyJobs, a three year-old Berlin startup that helps large employers scale recruitment, has raised $12 million in Series A funding. The round is led by Notion Capital, with participation from existing investors Creathor Ventures, Rocket Internet’s GFC, and newly re-branded Heartcore Capital. Founded in 2016 and launched the following year, HeyJobs aims to tackle the […]
Match Group records solid first-quarter revenue thanks to an increase in Tinder subscribers
May 08, 5:13AM
Match Group's revenue saw solid growth in the first quarter thanks to an increase in Tinder subscribers. The company, whose portfolio of dating apps also includes Match.com, PlentyOfFish, OkCupid and Hinge, among others, said in its earnings report today that total quarterly revenue grew 14% year over year to $465 million. If the effects of […]
India's edtech startup CollegeDekho raises $8 million to connect students with colleges
May 08, 3:46AM
Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup's Series […]
Binance says more than $40 million in bitcoin stolen in 'large scale' hack
May 08, 1:10AM
[Update: Changpeng Zhao’s comments on Periscope added to bottom of post] Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency In a statement, the company said hackers stole API keys, two-factor codes and other information in the attack. Binance traced the cryptocurrency theft — […]
Google rethinks navigation with launch of 'Portals' on Chrome Canary
May 07, 11:45PM
Google announced today it has launched a new page transition experience for the Chrome web browser called “Portals.” The technology is something the company has been developing for some time, and is designed to offer an alternative to using IFrames. In fact, the company described Portals as being more like “IFrames that you can navigate” […]
Fearing an escalation of the trade war with China, stock markets plummet… then rally
May 07, 11:45PM
Stock markets declined today as investors worried about the potential for an escalating trade war with China sold off shares. Markets had been trading near or above all-time highs before President Donald Trump threatened to significantly increase tariffs on Chinese goods. The news sent stock markets into a free-fall in mid-day trading, but the markets […]
Facebook talked privacy, Google actually built it
May 07, 11:41PM
Mark Zuckerberg: “The future is private”. Sundar Pichai: ~The present is private~. While both CEO’s made protecting user data a central theme of their conference keynotes this month, Facebook’s product updates were mostly vague vaporware while Google’s were either ready to ship or ready to demo. The contrast highlights the divergence in strategy between the […]
Waymo and Lyft partner to scale self-driving robotaxi service in Phoenix
May 07, 8:42PM
Waymo is partnering with Lyft to bring self-driving vehicles onto the ride-hailing network in Phoenix as the company ramps up its commercial robotaxi service. Waymo will add 10 of its self-driving vehicles onto Lyft platform over the next few months, according to CEO John Krafcik. Once Waymo vehicles are on the platform, Lyft users in […]
Google's big VR news is that there is no VR news
May 07, 8:39PM
Google seems to be waking up from its VR daydream. The company’s ambitious plans to leverage the smartphones that people already own to power VR experiences went unmentioned at its I/O developer conference. After spending 2016 and 2017 making big promises for how the company would shape the mobile VR market and ensure that its […]
Google rolls out faster image loading in Chrome Canary
May 07, 8:33PM
Google today announced a change coming to Chrome that will help image-heavy websites load more quickly — but the addition for now is only available in the experimental version of the web browser, Chrome Canary. Explained Chrome Product Manager Tal Oppenheimer, speaking at the Google I/O conference on Tuesday, the company is rolling out a […]
Google's Flutter framework spreads its wings and goes multi-platform
May 07, 8:30PM
Google’s Flutter UI toolkit for cross-platform development may only be two years old, but it has quickly become the framework of choice for many developers. Until now, though, ‘cross-platform’ only referred to Android and iOS. Late last year, Google announced that it would also take flutter beyond mobile and to the web. Today, at its […]
Red Hat and Microsoft are cozying up some more with Azure Red Hat OpenShift
May 07, 8:30PM
It won’t be long before Red Hat becomes part of IBM, the result of the $34 billion acquisition last year that is still making its way to completion. For now, Red Hat continues as a standalone company, and if to flex its independence muscles, it announced its second agreement in two days with Microsoft Azure, […]
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