Showing posts from August, 2021Show All
Sources: Byju's, an Indian edtech giant with millions of paying subs, has a "toxic" sales culture with tactics pushing low-income parents into taking out loans (Akanksha Singh/Rest of World) TECH REVIEW
Jocko Willink: Afghan terror groups will now be ‘harder to find, harder to finish’ following withdrawal
Singapore-based telemedicine startup Doctor Anywhere raises ~$65.3M Series C led by Asia Partners, bringing its total raised to $140M (Kristie Neo/DealStreetAsia) TECH REVIEW
WH announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to work at federal agencies (Dave Nyczepir/FedScoop) TECH REVIEW
The assault on Seattle’s police
Senators urge Yellen to keep $9 billion in assets from Taliban
Cloudera reports Q2 revenue of $236.06M, up 10% YoY, subscription revenue of $213.3M, up 11% YoY, and ARR of $832M, up 13% YoY, announces departure of its CPO (Larry Dignan/ZDNet) TECH REVIEW
Brazil-based marketplace for pet products and services Petlove raises ~$150M led by Riverwood Capital, bringing its total raised to $225.8M (Mary Ann Azevedo/TechCrunch) TECH REVIEW
The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year (Danny Nelson/CoinDesk) TECH REVIEW
In an email to some Square Invoices users, Square says it's working on Invoices Plus, a paid version with some features from the free version, plus new ones (Sarah Perez/TechCrunch) TECH REVIEW
Zoom hits $1 billion in quarterly revenue
PayPal considers launching stock-trading platform: report
Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage (Mark Gurman/Bloomberg) TECH REVIEW
Zoom beats with Q2 revenue of $1.02B, up 54% YoY, vs. $991.0M est., and now has 2,278 customers paying $100K+, up 131% YoY; stock down 10%+ on weak Q3 guidance (Daniel Howley/Yahoo Finance) TECH REVIEW
Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2% (IDC) TECH REVIEW
Sensor Tower: Telegram crossed 1B global downloads, with ~214.7M installs in H1 2021, up 61% YoY, and 22% of total global downloads coming from India (Manish Singh/TechCrunch) TECH REVIEW
White House monitoring for fuel shortages after Ida, open to invoking Jones Act
Afghanistan's collapse leaves unused $6B in military funding in limbo
Fmr. Afghanistan mayor details Taliban escape: ‘Never expecting them to leave me alive’
California Gov. Gavin Newsom recall effort leader on Hollywood survival push: He’s ‘not beloved’
Government shutdown 2021: GOP lawmaker says Democrats have had ‘zero’ response to debt limit expiring
Russia has made steady progress toward its goal of weaning Russians off US tech, including by mandating Russian-made software in government offices and schools (Andrei Soldatov/The Moscow Times) TECH REVIEW
Kraken and others want access to Federal Reserve payment systems to process digital asset sales faster; ahead of the Fed's decision, traditional banks push back (Andrew Ackerman/Wall Street Journal) TECH REVIEW
Flip, a social commerce app with 1M+ downloads that mixes customer reviews with live shopping shows, raises $28M Series A led by Streamlined Ventures (Christine Hall/TechCrunch) TECH REVIEW
China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure (Naoki Matsuda/Nikkei Asia) TECH REVIEW
Fossil announces Gen 6 Touchscreen smartwatch with a Snapdragon Wear 4100+ processor, starting at $299, and says it won't get Wear OS 3 until sometime in 2022 (Dieter Bohn/The Verge) TECH REVIEW
Whoop, which makes a fitness tracker and sells a subscription-based health coaching app, raises $200M from SoftBank's Vision Fund 2 at a valuation of $3.6B (Miles Kruppa/Financial Times) TECH REVIEW
ByteDance acquires VR headset maker Pico; according to IDC, Pico was the third-largest VR headset maker globally in Q1 2021 with shipments up 44.7% YoY (Arjun Kharpal/CNBC) TECH REVIEW
Biden must tell, ‘not ask’ Taliban to extend withdrawal deadline: Rep. Meuser
State media says China is restricting online gaming time of minors to 3 hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays (Zheping Huang/Bloomberg) TECH REVIEW
Bitcoin prices down 0.60% early Monday morning, above $48,000