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LinkedIn to shutter Chitu, its Chinese-language app, in July, redirects users to LinkedIn in Chinese
Jun 05, 2:40PM
LinkedIn has long eyed China as an important country to offset slowing growth in more mature markets. But now it’s calling time on a localized effort after failing to see it pick up steam. The company has announced that it will be shutting down Chitu — a Chinese-only app it had built targeting younger people […]
Connected bike and treadmill-maker Peloton files confidentially for IPO
Jun 05, 2:35PM
Exercise tech darling and service provider Peloton has filed for IPO with a confidential draft submission of its S-1 statement to the SEC on Wednesday. The company announced the news in a press release, and did not disclose the terms of its initial public offering in the release. Peloton’s entry into the market was via […]
Aion Network introduces first blockchain virtual machine for Java developers
Jun 05, 2:00PM
Aion Network, a non-profit dedicated to creating tools to promote blockchain technologies, announced a new virtual machine today that’s built on top of the popular Java Virtual Machine. Its ultimate goal is increasing the popularity of blockchain with developers. Aion CEO Matthew Spoke says one of the barriers to more widespread blockchain adoption has been […]
'Ad Astra' trailer pits Brad Pitt against his dad Tommy Lee Jones – in space
Jun 05, 1:53PM
A new sci-fi movie called Ad Astra is heading to theaters on September 20, and it’s got some amazing star power behind it, including Brad Pitt in the lead role. It also brings Liv Tyler back to the space epic genre, after her excellent roles in both 1998’s Armageddon and the lesser-known but still wonderful […]
Supercross to debut first EV class and tap startups to go digital
Jun 05, 1:34PM
Motorcycle racing series Supercross will add e-motos and more digitization to its franchise (aided by startups) in the near future, according to Director of Operations David Prater. The sport—where riders race high-performance machines on jump filled stadium dirt tracks—currently fields only gas two-wheelers. This fall Supercross looks to launch its first EV class starting with […]
In a rare advisory, NSA urges users to patch BlueKeep flaw
Jun 05, 1:28PM
The National Security Agency has issued a rare advisory warning users to update their systems to protect against BlueKeep, a new security vulnerability with the capacity to rapidly spread between computers. The "critical"-rated bug affecting computers running Windows XP and later, can be exploited to remotely run malware at the system level, which has full […]
China says apps should get user consent before tracking
Jun 05, 1:22PM
Chinese regulators might follow the European Union’s lead to make life harder for internet companies such as TikTok that closely track behavior of their users in a move that could significantly hurt their revenue. Last week, Beijing proposed a new set of measures to enforce data security for individuals and the nation overall. According to […]
Pokémon Sword and Shield arrive worldwide on November 15, 2019
Jun 05, 1:21PM
Nintendo Switch has Pokémon games, but it doesn’t really have its own Pokémon games, not in the true sense. Pokémon Sword and Shield, coming November 15, 2019, will be the first real Pokémon games (don’t even mention Pokémon Let’s Go – don’t) for Nintendo Switch, and now we know more about them thanks to today’s […]
The Stanford connections behind Latin America's multi-billion dollar startup renaissance
Jun 05, 1:07PM
The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel engines, and smoggy air of South America’s major metropolises as one can get. But it was in one of those houses, about […]
Zynga launches battle royale game as a Snap Games exclusive
Jun 05, 1:00PM
Zynga the casual games developer which once rode Facebook’s platform to popularity and riches is now turning its attention to Snap for growth. Today, the gaming company is launching its new battle royale game, Tiny Royale, exclusively on Snap’s gaming platform, Snap Games. A multiplayer shooting game first announced as part of the big unveiling […]
Aaron Rodgers raises $50M for Rx3 Ventures, a consumer fund backed by influencers
Jun 05, 1:00PM
Rx3 Ventures is an investor in HIMS, Hydrow, VICIS, CorePower Yoga and others.
Amazon launches physical kiosks in UK train stations, a local extension of its Treasure Trucks
Jun 05, 12:39PM
After announcing a year-long pilot of pop-up shops in the UK earlier this week to sell items from smaller marketplace merchants, Amazon has added another development to its brick-and-mortar efforts in the country. Starting today, the company is setting up physical kiosks, initially in train stations, to sell passers-by a rotating range of items at discounted […]
7.7 million LabCorp records stolen in same hack affecting Quest
Jun 05, 12:29PM
LabCorp is the latest laboratory testing giant this week to confirm it’s affected by the same third-party data breach. The Burlington, North Carolina-based medical giant said 7.7 million patients had their personal and financial data stolen by hackers, which hit the payment pages of the American Medical Collection Agency, a third-party vendor that processes payments […]
China launches a rocket to space from a ship at sea for the first time
Jun 05, 12:17PM
China’s National Space Administration recorded a first today as it launched one of its Long March 11 rockets from a launch pad on board a ship in the Yellow Sea. This is the first time China has launched a space-bound rocket from a seaborne platform, and it carried on board a cargo of seven total […]
Getsafe, the German insurance app, scores $17M Series A
Jun 05, 12:13PM
Getsafe, the German insurance startup targeting millennials, has raised $17 million (€15m) in a Series A funding. The round is led by Earlybird, with CommerzVentures and other existing investors also participating, while the capital will be used for European expansion. Notably, the company plans to launch in the U.K. by the end of the year. […]
AntiToxin sells safetytech to clean up poisoned platforms
Jun 05, 12:05PM
The big social networks and video games have failed to prioritize user well-being over their own growth. As a result, society is losing the battle against bullying, predators, hate speech, misinformation and scammers. Typically when a whole class of tech companies have a dire problem they can’t cost-effectively solve themselves, a software-as-a-service emerges to fill […]
Google appeals $1.7BN EU AdSense antitrust fine
Jun 05, 12:01PM
Like clockwork, Google has filed a legal appeal against the €1.49 billion ($1.7BN) antitrust penalty the European Commission slapped on its search ad brokering business three months ago. The Telegraph reported late yesterday that the appeal had been lodged in the General Court of the European Union in Brussels. A Google spokesperson confirmed the appeal […]
NoBroker raises $51M to help Indians buy and rent without real estate brokers
Jun 05, 12:00PM
A startup that is attempting to significantly improve the way how Indians rent or buy an apartment just raised a substantially big amount to further pursue its mission. Bangalore-based real estate property operator NoBroker said today it has raised $51 million in a new round of funding. The Series C financing round for the five-year-old […]
Microsoft and Oracle link up their clouds
Jun 05, 12:00PM
Microsoft and Oracle announced a new alliance today that will see the two companies directly connect their clouds over a direct network connection so that their users can then move workloads and data seamlessly between the two. This alliance goes a bit beyond just basic direct connectivity and also includes identity interoperability. This kind of […]
Grow Mobility, the micromobility startup formerly known as Grin, merges with payment system Flinto
Jun 05, 11:00AM
Grow Mobility, the entity that consists of electric scooter startup Grin, and bike and scooter-share startup Yellow, has merged with payments startup Flinto. Flinto enables people to make peer-to-peer payments, add minutes and text messages to your phone, and pay bills and merchants. Flinto works for those with or without bank accounts. If someone doesn’t […]
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