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July 15, 2019, 8:30 AM
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| Dan Strumpf / Wall Street Journal: |
Sources: Huawei plans hundreds of layoffs at Futurewei Technologies, its US R&D subsidiary, which employs about 850 people in research labs across the US — Cuts are expected to affect workers at U.S.-based R&D subsidiary Futurewei Technologies — Huawei Technologies Co …
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CNET, Engadget, Reuters, IT PRO, Phandroid, CNBC, New York Times, The Malaysian Reserve, Neowin, The Hill, SlashGear, SiliconANGLE, Pandaily, The Next Web, Android Central, TechNode, KrASIA, Gizmodo, The Verge, and Bloomberg. Tweets: @jkylebass
| Mark Dent / Wired: |
A look at Rockdale, Texas, where Bitmain planned to build the world's largest bitcoin mining facility, and how it all went wrong after bitcoin prices plunged — In 1952, The Saturday Evening Post christened Rockdale, Texas, “The Town Where It Rains Money.”| Keiko Morris / Wall Street Journal: |
Despite Amazon's NYC HQ2 retreat, tech giants like Google, Facebook, and even Amazon still seek to rent millions of square feet and employ thousands in New York — Facebook, Google, Uber and Amazon embrace Manhattan as an East Coast hub — Big technology companies are doubling …
Tweets: @mkink, @aoc, @lawrence, @profgalloway, @anandwrites, @gardmaf, and @technyc
| Adam Walser / WFTS: |
Florida DMV earned $77M+ in fiscal 2017 from sales of driver and ID cardholder information to 30+ private companies, including data brokers like Acxiom — LAKELAND, Fla. — A local woman is blaming the state government for an onslaught of robocalls and direct mail offers … | Jordan Crook / TechCrunch: |
Anvyl, which sets up cameras and sensors in factories to let brands see their product being built and help optimize their supply chains, raises $9.3M Series A — Growing D2C brands face an interesting challenge. While they've eliminated much of the hassle of a physical storefront …
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PYMNTS.com and Redpoint Ventures
| Andrew Liptak / The Verge: |
Microsoft Word for Android has been installed over 1B times; Excel, PowerPoint, OneNote, and OneDrive each have 500M+ installs on Android, and Outlook has 100M+ — Other Microsoft Apps have hit 500 million installs — Microsoft recently hit a particularly notable milestone … | Josh Kaplan / Slate: |
A look at how surveillance is becoming more prevalent with almost nothing restricting how it is used, as automatic license plate reader software becomes cheaper — Cheap surveillance software is changing how landlords manage their tenants and what laws police can enforce.| Thomas Brewster / Forbes: |
How Avast, an antivirus company founded in 1988 in Czechoslovakia, survived competition with McAfee and Symantec, to become a global cybersecurity powerhouse — On the rooftop terrace of the five-star Hotel U Prince, Pavel Baudis surveys the city he's lived in for most of his 59 years.
Tweets: @forbes
| Paul Sullivan / New York Times: |
How a tax loophole lets tech workers and investors who obtained stock while a company was valued under $50M make millions on stock gains tax-free — When Kay Luo joined LinkedIn in 2006, she received a grant of shares with a value of 12 cents each. The company went public in 2011 at $45 a share.| Joshua Franklin / Reuters: |
Sources: Vista Equity Partners raises $850M for a second fund focused on early-stage enterprise software companies — (Reuters) - U.S. private equity firm Vista Equity Partners has raised $850 million for a second fund dedicated to investing in early-stage enterprise software companies …
Tweets: @trengriffin
| Lucas Matney / TechCrunch: |
Real estate computer vision startup Matterport to acquire AI startup Arraiy, which automates special effects processing and has raised $13.9M — Real estate computer vision platform startup Matterport is set to acquire Arraiy, an AI startup aiming to automate special effects processing in film.| Zen Soo / South China Morning Post: |
Chinese bike-sharing startup Hellobike is challenging Ofo and Mobike with a focus on smaller cities and a $145M joint venture for battery-swapping stations — Shanghai-based firm will offer a range of two-wheeler options, including bicycles as well as electric bikes and scooters Shanghai-based Hellobike …
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