Source: Xiaomi raises $4.7B after pricing IPO at the low end of the range at HK$17 each, valuing Xiaomi at about $54B, roughly half the company's initial goal — Xiaomi Corp. and some existing investors raised $4.7 billion after pricing a Hong Kong initial public offering at the low end of a marketed range …
Report: ICOs raised $13.7B in the first five months of 2018, up from $7B in 2017; only 30% of the 3,470 ICOs since 2013 closed successfully — NEW YORK (Reuters) - Digital currency sales jumped to $13.7 billion in the first five months of the year, nearly double the amount raised for the whole of 2017 …
Automated threat detection service JASK raises $25M Series B led by Kleiner Perkins, bringing total raised to $39M — Cyberthreats are on the rise everywhere. Companies are facing a barrage of attacks from hackers near and far, and their security operations centers are struggling to keep up.
Verizon is shutting down go90; sources say it will be discontinued by July 31 and that shows and all content rights will be returned to production partners — Verizon is finally calling it quits on its expensive mobile video bet, Go90. — The wireless communications giant is shutting …
Twitter is reorganizing its teams into groups, like engineering, instead of individual products; Kayvon Beykpour, former Periscope CEO, named head of product — - Ed Ho, who has been on leave since May, explained in a series of tweets his decision was based largely on an unexpected family loss.
China's Tsinghua University to launch an AI research center in collaboration with Google, Tencent, and others; Google's AI chief Jeff Dean is an advisor — Today at Google's AI Symposium in Beijing, Tsinghua University revealed plans to open a center for artificial intelligence research and development in China.
The California Consumer Privacy Act, one of the toughest data privacy bills in the US, has been signed into law and will go into effect in 2020 — California lawmakers passed one of the toughest data privacy laws in the United States today, as they faced pressure from an even stronger ballot measure in the state.
Instagram adds the ability to add licensed songs as background music for Stories starting today in 7 countries and says it has 400M daily Stories users — The right music can make a boring photo or video epic, so Instagram is equipping users with a way to add popular songs to their Stories.
Researcher: Facebook quiz maker NameTests exposed personal info of ~120M users for years, in a data leak that was fixed after the Cambridge Analytica scandal — Ever took a personality test on Facebook? For years, anyone could have accessed your private information, friends, posts and photos.
JP Morgan Chase launches Finn by Chase, a mobile only bank account with an app for iOS and an Android version coming by the end of the year — NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) said on Thursday that it is now offering a digital bank account for smartphones nationally after testing …
Twitter makes its Ad Transparency Center, announced before Congressional hearings in October, available to all users — Twitter is unveiling the Ads Transparency Center that it announced back in October. — This comes as Twitter and other online platforms have faced growing political scrutiny around …
Facebook rolls out a button to show ads a Page is running, even if not targeted to the user, across Facebook, Instagram, and Messenger — Facebook today released a new tool that will allow users to see what advertisements a Page is running — whether or not all of those advertisements are targeted at that particular users.
Niantic Labs, which helped develop Pokémon Go, says it will open the underlying AR platform, called Real World Engine, to third-party developers — Niantic Labs, the San Francisco-based game developer responsible for creating the massively successful augmented reality game Pokémon Go …
Bird officially announces $300M raise led by Sequoia Capital, its second raise in just a few months — And there we have it: Bird, one of the emerging massively-hyped Scooter startups, has roped in its next pile of funding by picking up another $300 million in a round led by Sequoia Capital.
Israeli enterprise authentication platform Silverfort raises $11.5M Series A led by TLV Partners — Silverfort will use the funds to address growing demand for its innovative authentication platform. — Israeli authentication provider Silverfort announced today a $11.5 million Series …
Facebook updates Stories with Like, Haha, Wow, Sad, Angry, and Love emoji reactions and two interactive stickers, offers group replies via Messenger thread — Ready to scrounge for Likes on your Stories too? Facebook Stories can feel like a ghost town even though it has 150 million daily users.
Kik, which raised $100M in an ICO for its Kin cryptocurrency, says some users can now earn Kin in its app via quizzes, tutorials, and polls to spend on themes — Messaging app Kik's users can now begin earning and spending the cryptocurrency kin with the launch of its “crypto-economy,” the company announced Wednesday.
Jimmy Iovine and Dr. Dre owe former partner Steven Lamar $25.2M in Beats headphones royalties, a jury in Los Angeles decided Wednesday — LOS ANGELES (AP) — A jury on Wednesday found that Dr. Dre, music mogul Jimmy Iovine and their headphone company Beats Electronics owe a former partner $25.2 million in royalties.
Exactis, a marketing and data aggregation firm, allegedly exposed a database of ~340M individual records with phone numbers, addresses, more on a public server — YOU'VE PROBABLY NEVER heard of the marketing and data aggregation firm Exactis. But it may well have heard of you.
Google says its fix for a Google Home and Chromecast outage will automatically roll out over the next six hours; users can reboot devices to get the fix now — Did you enjoy your Slack outage this morning, perhaps with an extra helping of memes? Google has confirmed its Google Home smart speaker …
