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December 10, 2018, 5:30 AM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Sources: Bird plans to raise at its current $2B valuation and Lime at $2B-3B, below their initial asks, amid tougher-than-expected business conditions — Shared electric-scooter companies Bird and Lime temper their valuation goals as they deal with vandalism and other growing pains
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The Information. Tweets: @rolfewinkler, @jacknicas, @shiraovide, @katie_roof, @bryfitz, @chr1sa, @wsj, @gregbensinger, and @maureenmfarrell
| Kara Swisher / New York Times: |
Huawei CFO's arrest at behest of US prompts fears of retaliatory arrests, amid a series of other worrisome US responses to strategic tech challenges from China — Tech executives worry China will turn to tit-for-tat arrests of Americans in response to the detention of Meng Wanzhou.
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Toronto Star, Bloomberg, Gizmodo, Associated Press, ZDNet, Reuters, Bloomberg, Wall Street Journal, and New York Times
Tweets: @annafifield, @business, @timobrien, @ajenews, @joannachiu, @dalzell60, @cbcnews, @emilyrauhala, @nbcnightlynews, @kenroth, @daveleebbc, and @dee_bosa
| Sergey Golovanov / Securelist: |
Kaspersky: networks of 8 Eastern European banks were hacked by people entering the premises and planting physical hardware like Raspberry Pi and USB devices — While novice attackers, imitating the protagonists of the U.S. drama Mr. Robot, leave USB flash drives lying around parking lots … | Reuters: |
Sources: Chinese AI company Megvii, whose Face++ facial recognition tech is popular among developers worldwide, is in talks to raise $500M at a $3.5B valuation — HONG KONG (Reuters) - Chinese artificial intelligence provider Megvii Inc, commonly known as Face++, is targeting to raise $500 million …
| Skift: |
Berlin-based vacation rental price-comparison startup HomeToGo, which has raised $150M to date, acquires assets of failed vacation rental search engine Tripping — The acquisition of once-high-flying Tripping.com as a distressed asset was a losing deal for investors.
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PR Newswire, HousingWire, PE Hub Blog, PhocusWire, and VatorNews
| Ron Miller / TechCrunch: |
FortressIQ, which applies a new AI technique called imitation learning to process automation, raises $12M Series A led by Lightspeed Venture Partners — FortressIQ, a startup that wants to bring a new kind of artificial intelligence to process automation called imitation learning …
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GlobeNewswire News Room, VentureBeat, and PE Hub Blog
| Mike Masnick / Techdirt: |
Facebook bans “implicit sexual solicitation”, “vague suggestive statements”, and sexualized slang, a disappointing sign of how FOSTA has changed the internet — Well, well. As we've covered for a while now, FOSTA became law almost entirely because Facebook …
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Facebook Community Standards, PCMag, The Verge, and Electronic Frontier Foundation
Tweets: @pt, @uppittynegress, @lauraagustin, @cqwww, @jasonorne, @jberokoff, and @jo_bunnyxo
| Karen Hao / MIT Technology Review: |
As Google rolls out Duplex, Alibaba demos a similar conversational AI that, it says, is already handling millions of customer package delivery queries per day — In May, Google made quite the splash when it unveiled Duplex, its eerily humanlike voice assistant capable of making restaurant reservations and salon appointments.
Tweets: @valaafshar
| Dean Takahashi / VentureBeat: |
YouTube says over 200M people view gaming content each day globally, and 50B+ hours of gaming videos were viewed in the past year — YouTube Gaming has become a huge part of internet culture in recent years, and that was visible at The Game Awards this week — Every day, more than 200 million people view gaming content on YouTube.
Tweets: @imfun and @vijayshekhar
| Jillian D'Onfro / CNBC: |
Google publishes its plans for Mountain View's North Bayshore development which include 3.12M square feet of offices and up to 8,000 residential units — - Google just released its plans for a massive development in its home city of Mountain View, California.
More:
Engadget, 9to5Google, and Silicon Valley Business …
| Reuters: |
Enterprise software provider Tibco acquires French data management company Orchestra Networks, sources say valuing it in the low hundreds of millions of dollars — (Reuters) - TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks …
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SiliconANGLE
| NEWS.com.au: |
Australian watchdog ACCC posts regulation recommendations regarding digital platforms, like Google: monitor handling of ads and news, ban default browsers, more — The hammer is coming down on Google and Facebook as Australia's top consumer watchdog warns they are becoming too powerful.Sponsor Posts
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