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December 10, 2018, 11:55 AM
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| Ina Fried / Axios: |
Chinese court issues preliminary injunction against Apple, blocking sale and import of iPhone models from 6S to X in China, for infringing two Qualcomm patents — A Chinese court has banned the sale of a number of recent iPhone models citing infringement of two Qualcomm patents, the San Diego chipmaker said on Monday.| New York Times: |
How smartphone apps are sharing precise location data with 75+ companies, including advertisers, retailers, and hedge funds, up to 14K times a day — Dozens of companies use smartphone locations to help advertisers and even hedge funds. They say it's anonymous, but the data shows how personal it is.
More:
9to5Mac, iDownloadBlog.com, CNBC, Silicon Republic, iPhone in Canada Blog, Fortune, and Tom's Guide
Tweets: @ridt, @jenvalentino, @karlbode, @elizabeth_joh, @alfredwkng, @orinkerr, @alexhern, @profcarroll, @josephfcox, @satariano, @choire, @satariano, @repkloba, and @jenvalentino
| Mugdha Variyar / The Economic Times: |
Google acquires popular Indian train tracking app “Where is my Train”, which works offline and without GPS, sources say for $30M-$40M — Google has acquired Sigmoid Labs, which runs the platform ‘Where is My Train.’ — ET had reported the development in August.
More:
Where is my Train, TechCrunch, VentureBeat, Fossbytes, Android Central, Hindustan Times, Tech in Asia, and Trak.in
Tweets: @caseynewton and @refsrc
| 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
More:
The Information and PYMNTS.com
Tweets: @jacknicas, @rolfewinkler, @shiraovide, @bgurley, @katie_roof, @bryfitz, @chr1sa, @wsj, @gregbensinger, and @christenobrien
| Lauren Feiner / CNBC: |
GoPro says it will move production of US-bound cameras out of China by summer 2019 due to fear of future tariffs, as US-China trade war escalates — - GoPro says it will move production of U.S.-bound cameras out of China to avoid being caught up in tariffs.
More:
Investor Relations, The Hill, The Verge, ZDNet, Business Insider, and Bloomberg
| Wall Street Journal: |
Sources: Amazon restricted sellers' access to customer data and fired some workers in US and India for allegedly accessing internal data that was then misused — Merchants find new ways to sabotage rivals during the all-important holiday shopping season — Amazon.com Inc. AMZN .42% … | Connie Chan / Andreessen Horowitz: |
How Chinese entertainment apps for books, podcasts, video, and music diversify their revenue beyond ads and subscriptions via tips, micropayments, coupons, more — Stop and think for a moment about how many ads you saw in the last 24 hours, on Instagram or Facebook or anywhere else.
Tweets: @tundro, @lexiro, and @triketora
| Roy Katsiri / Globes Online: |
Sources: cryptocurrency mining giant Bitmain is closing down its Israel-based R&D center and laying off its 23 employees, amid the cryptocurrency bear market — Bitmaintech Israel, headed by Gadi Glikberg, is a victim of the steep decline in the cryptocurrency market.
More:
The Next Web, CoinDesk, CoinGeek, CCN, CryptoGlobe, Crowdfund Insider, and The Block
| 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.| Josh Constine / TechCrunch: |
Uber confirms it's testing “Uber Eats Pool” in some markets, which would batch orders of a specific restaurant from multiple nearby customers for a discount — Here come sponsored restaurant recommendations — Where there is discovery in an app, there is paid discovery.| Jeff Engel / Xconomy: |
Sleep apnea equipment and software maker ResMed to acquire Propeller Health, which helps track medication inhaler usage through sensors and an app, for $225M — Jeff Engel — [Updated 12/3/18, 3:30 pm, with CEO comments.] ResMed has inked a $225 million deal to acquire Propeller Health …
More:
MobiHealthNews, FierceBiotech, and Pulse 2.0
| 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 …
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