Techmeme
December 26, 2018, 8:05 AM

Top News

Alastair Marsh / Bloomberg:
Crypto efforts of Goldman Sachs, Morgan Stanley, Barclays, and others are in limbo after bitcoin's months-long fall and weak demand from institutional clients  —  Goldman Sachs, Morgan Stanley and many more built it.  But they didn't come.  —  Limbo—that's where to find Wall Street when it comes to cryptocurrencies.
Abrar Al-Heeti / CNET:
Despite challenges in penetrating the US market, Huawei says it has shipped over 200M smartphones in 2018 globally, up from last year's 153M units  —  Huawei has set a record for itself by shipping more than 200 million smartphones in 2018, the company said in a statement Sunday.
Wolfie Zhao / CoinDesk:
Crypto mining startup Bitmain confirms layoffs, which, source says, may affect half of its total headcount, with some departments being laid off entirely  —  Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain …
Mara Hvistendahl / MIT Technology Review:
Chinese tech companies have thrived thanks to government incentives that allowed them to grow, but government ties can also prove problematic as they go global  —  Multibillion-dollar companies like Alibaba and Tencent have thrived thanks to a government that provided incentives but otherwise let them grow.
Daniel Frankel / Multichannel News:
Google says Android TV has now been deployed by 100+ pay TV operators worldwide and is used by “tens of millions” of customers, mostly in Europe and Asia  —  Google's open video operating system proliferates as AT&T readies deployment of set-top powered by platform in the U.S.

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Alex Howard / E Pluribus Unum:
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