Trending Stories from bloomberg.com
Andrew Yang’s Math on the Robot Takeover Doesn’t Check Out
Sources: YouTube's premium services have 800K+ subscribers in India and are growing faster than rival paid services including Spotify, Gaana, and JioSaavn
A look at the rise of Roku, which is valued at $17B and whose stock is up 300% this year, amid escalating competition from Amazon, Google, and others
Techmeme · 9 hours ago
Unencrypted hard drives with payroll data, including names, bank account numbers, compensation info of 29,000 Facebook employees, stolen in a car break-in
Google Culture War Escalates as Era of Transparency Wanes
Sources: Apple buys Spectral Edge, a UK startup whose tech improves the colors in photos by taking infrared shots and blending it with standard photos
As Apple Pay expands in Europe, it is drawing increasing regulatory scrutiny from EU and countries including France, the Netherlands, and Germany
Robinhood starts rolling out its Cash Management service, which offers 1.8% interest, debit cards, and FDIC coverage on deposits through bank partnerships
Sources: PE firm Francisco Partners and hedge fund Elliott Management are in advanced talks to acquire LogMeIn for over $4B and take the company private
Investigation finds how Amazon, Apple, Google, and Facebook handle voice assistant transcriptions relies heavily on contractors and downplays user privacy
Germany Edges Out Norway as Europe’s Biggest Electric Car Market
Glassdoor: Google and Facebook drop out of top 10 of US "best places to work" list, Google to 11, Facebook to 23; Microsoft only tech giant to jump in rankings
ByteDance has been testing Resso, a new music app, in India and Indonesia, but is yet to seal rights deals with the world's three largest music companies
The Dogs Ate SoftBank's Money
Vietnam’s Richest Man Bets $2B to Sell Cars to Americans
Repo Blowup Was Fueled by Big Banks and Hedge Funds, BIS Says
Best-Performing Cryptocurrency Powers Controversial Exchange
France’s Le Maire Calls on U.S. to Back Global Digital Tax Plan
Robots in Finance Could Wipe Out Some of Its Highest-Paying Jobs
Rolls-Royce Touts Nuclear Reactors as Key to Clean Jet Fuel
Apple May Use Carbon Free Aluminum in New iPhones.
Hungary's regulator fines Facebook $4M, arguing that it misled users by claiming its services are free, while earning money from ads based on user activity
Facebook Just Can’t Seem to Beat the Russians: Professional manipulators are infiltrating social media on a huge scale. But they’re more interested in cash than politics.
Sources: Galaxy S11 to have a 108MP sensor, ultrawide-angle lens, 5x zoom, and time-of-flight sensor like in Note 10+; Galaxy Fold to have 108MP sensor, 5x zoom
Drivers Refuse to Put Down Their Phones. People Keep Dying
Hacker News · 1 week ago
Sources: FTC investigators, who have been looking into Amazon's e-commerce business, have begun asking software companies about Amazon's practices around AWS
Techmeme · 1 week ago
More Google employees accuse the company of retaliation in NLRB complaint filed Tuesday in Chicago, alleging Google fired one or more employees for organizing
OneConnect, a tech-as-a-service platform for financial SMBs, launches US IPO of up to $504M in a down round, after raising $650M last year from SoftBank and SBI
WeWork’s Escape Plan Is Buried in the Books at Its Tokyo Office
Denmark-based Astralis, the world's top Counter-Strike team, plans a December 9 IPO on Nasdaq Nordic's Copenhagen exchange for SMBs, hopes to raise $18M-22M
Around 700 protests took place in bazaars across India recently, as activists claim Amazon and Walmart's Flipkart are engaged in predatory pricing
Techmeme · 2 weeks ago