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July 20, 2020, 9:05 AM
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| Wall Street Journal: |
Sources: eBay is in advanced talks to sell its classified ads business to Norway's Adevinta for ~$8B — Deal could value eBay unit at roughly $8 billion or more — EBay Inc. EBAY -0.89% is in advanced talks to sell its classified-ads business to Norway's Adevinta AS ADE -0.69% A … | Nikkei Asian Review: |
Shanghai's year-old STAR market is now second only to Nasdaq in value of IPOs and secondary listings, attracting 17.3% of total issuance, surpassing Hong Kong — Surging debuts on ‘domestic Nasdaq’ lure investors and bolster China's strategic aims — SHANGHAI — Pan Jianwei …
More:
Reuters, TechCrunch, Associated Press, and Nikkei Asian Review
| Lulu Yilun Chen / Bloomberg: |
Jack Ma's Ant Group, payments processor for Alibaba, plans a dual listing in Hong Kong and Shanghai, sources say seeking a valuation of $200B+ — - Ant is planning to list on Shanghai's STAR market, Hong Kong — Firm was valued at $150 billion in previous funding round
More:
South China Morning Post, Bloomberg, TechNode, and Fortune
| Phillip Inman / The Guardian: |
Sources: TikTok halts talks with UK government to build the HQ for its non-China business in London, with British ban on Huawei seen as a factor — Video-sharing app suspends building plans, with British ban on Huawei 5G kit seen as factor — The Chinese social media firm TikTok has pulled …
More:
Telecoms.com, Gizchina, Silicon Republic, The Overspill, Bloomberg, and The Guardian
Tweets: @charlesarthur, @donie, @pelnike, and @shashj
| Wall Street Journal: |
Sources say plans to remake GE as a software powerhouse were scuttled by employee confusion and delusions about what it would take to reposition the company — The industrial giant hoped to remake itself as a software powerhouse. Here's what went wrong. — In early 2014 …
More:
Fortune. Tweets: @xecretcode, @reckless, @tgryta, @stevesi, @erikholmwsj, @p1bc, and @hoofnagle
| Kira Tebbe / OneZero : |
In 2019, Facebook, Apple, Amazon, Microsoft, and Google were collectively granted ~27,000 H-1B visas, over 30% of total visas available to private companies — Five tech companies use nearly 30,000 H1-B visas, while over 50% of graduate STEM degrees are earned by international students
More:
The Atlantic and Japan Times
Tweets: @calebwatney, @sachinrekhi, @_n12v, @tenreirodaniel, @alfonslopeztena, @eemoin, @johnkroencke, @mvzelenks, @ozm, @sarahfkessler, and @k_tebbe
| Daphne Keller / Stanford CIS Blog: |
Analysis of why the PACT Act is a far better approach to reforming CDA 230 than the EARN IT Act, even with its shortcomings and need for improvement — Alex Feerst, one of the great thinkers about Internet content moderation, has a revealing metaphor about the real-world work involved.
Tweets: @alexstamos, @mchrisriley, @daphnehk, and @ellanso
| Rowan Walrath / AmericanInno: |
TileDB, which aims to simplify data management across industries through its technology that was spun out of MIT and Intel Labs, raises $15M Series A — TileDB, a startup headquartered in Cambridge that aims to simplify data management across industries, has brought in $15 million in Series A funding.
More:
TileDB, ekathimerini.com, Greek City Times, Pulse 2.0, and FinSMEs
| STAT: |
Many hospitals and clinics are introducing AI-powered decision support tools, often novel and unproven, but most patients are unaware of them — Since February of last year, tens of thousands of patients hospitalized at one of Minnesota's largest health systems have had their discharge …
Tweets: @rebeccadrobbins, @statnews, @kncukier, @katecrawford, @mkaplanpmp, and @covidblk
| Kyle Wiggers / VentureBeat: |
Gyant, which provides AI-enabled remote patient-doctor engagement and symptom checking tools for hospitals and healthcare providers, raises $13.6M Series A — Last Chance: Register for Transform, VB's AI event of the year, hosted online July 15-17. — Gyant, whose AI-enabled health platform …
More:
PitchBook, cuereport.com, EnterpriseTalk, and Crunchbase News
| Emily Birnbaum / Protocol: |
SMBs make up 70% of the 5,384 companies certified under EU-US Privacy Shield and face the biggest challenges in complying with the decision that struck it down — Tech companies across the U.S. are scrambling to figure out how they can remain in compliance with international privacy laws …
Tweets: @accessnow and @tconnellyrte
| Rachel Kraus / Mashable: |
Snap partners with Headspace to debut Headspace Minis, in-app meditation tools, which are the first Snap Minis, “bite-size” in-chat apps to be used with friends — While bringing your attention to your breath and softening your gaze in the newest place to meditate with Headspace …
More:
Axios, TechCrunch, and Adweek
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