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August 26, 2019, 12:50 PM
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| Canalys Newsroom: |
Canalys: Baidu crossed Google to capture 17.3% of the global smart speaker market, growing 3700% YoY with 4.5M shipments in Q2 2019; Amazon had 6.6M shipments — The global smart speaker market grew 55.4% in Q2 2019 to reach 26.1 million units. Amazon maintained the worldwide lead … | Arjun Kharpal / CNBC: |
Megvii, a China-based facial recognition focused startup, files for a Hong Kong IPO; Megvii has raised $750M, reportedly at a $4B valuation, earlier this year — KEY POINTS — An attendee uses his smartphone to record a facial-recognition demonstration on himself at the Beijing Megvii Co. booth …
More:
Abacus, Reuters, TechCrunch, Bloomberg, Pandaily, Financial Times, China Money Network, Tech in Asia, and FutureSin
Tweets: @tculpan, @luluyilun, @tculpan, and @tculpan
| Cherlynn Low / Engadget: |
Google and Dell team up to unveil Latitude enterprise-grade Chromebooks, with 8th-gen Intel Core i7 CPUs, available to order from August 27, starting at $699 — The next time you get a laptop from your company's IT department, you might be getting a Chromebook.
More:
The Verge, ZDNet, Thurrott, Digital Trends, TechSpot, CNET, 9to5Google, VentureBeat, WinBuzzer, Neowin, and Fortune. Tweets: @kevinctofel
| Yogita Khatri / The Block: |
Binance launches a crypto lending business, allowing holders of its BNB token, Ethereum Classic, and Tether to lend their assets and earn interest — The world's largest cryptocurrency exchange Binance has ventured into lending space, according to an announcement Monday.| Nathaniel Mott / Tom's Hardware: |
GlobalFoundries sues TSMC in the US and Germany, alleges infringement of 16 patents and seeks processor import bans that could affect Nvidia and Apple — GlobalFoundries (GF) today announced that it filed lawsuits against Taiwan Semiconductor Manufacturing Company (TSMC) …
| Reuters: |
Macron says France and the US reached a deal that will end the standoff over a French tax on large internet companies that was passed earlier this year — BIARITTZ, France (Reuters) - France and the United States have reached a deal to end a standoff over a French tax on big internet companies … | Yun Li / CNBC: |
J.P. Morgan Chase says it will shut down its digital wallet app, Chase Pay, in early 2020, but will continue pushing the Chase Pay button in apps and on the web — KEY POINTS — The bank plans to add more retailers that accept Chase Pay through merchant apps including food ordering company Grubhub.| Jeff Vogel / The Bottom Feeder: |
Founder of Spiderweb, which has been making indie games for 25+ years, explains the business and design reasons for still making games with a retro, quirky look — We spent years working on this game. We're betting our family's future on it. So. Why does it look so bad?
Tweets: @carnage4life, @dgbaumgart, and @moomanibe
| Bloomberg: |
Chinese self-driving company Pony.ai teams up with Toyota to work on autonomous driving vehicles, will start a pilot in September on public roads in China — - Companies to work together on autonomous-driving pilot — Asia driverless companies seeking to catch up with U.S. rivals
More:
VentureBeat and South China Morning Post
| Reuters: |
German court temporarily suspends a February decision from competition watchdog that ordered Facebook to restrict its data collection practices in the country — BERLIN (Reuters) - A German court on Monday temporarily suspended a February decision by the cartel office to order Facebook … | Stephanie Condon / ZDNet: |
Nvidia and VMware partner to offer virtualized GPUs, letting enterprises accelerate AI, machine learning, and deep learning workloads — The new product enables enterprises to virtualize AI, machine learning and deep learning workloads, either on premise or as part of VMware Cloud on AWS.
More:
SiliconANGLE, TechCrunch, and VentureBeat
| Chua Kong Ho / South China Morning Post: |
Interview with CEO of Razer, a gaming PC maker with 70M registered user accounts, which has steadily increased its share of revenue from software and services — Gaming company Razer reported a narrower loss in the first six months CEO Min-Liang Tan says Razer is a gateway …
Tweets: @chuakongho
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