Telegram has exploded as a hub for criminals to buy, sell, and share stolen data and hacking tools as it becomes an alternative to the dark web Techmeme · 3 days ago
China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced Techmeme · 3 days ago
Research: Didi's average daily user count for August fell to 10.9M, from 15.6M in June after its NY IPO triggered a fierce backlash by Chinese regulators Techmeme · 4 days ago
Irish data commissioner launches GDPR probe into TikTok over its handling of children's data and the transfer of user information to China Techmeme · 5 days ago
An overview of Amazon's plans to expand into healthcare, as it prepares to launch services such as telehealth, and technology for managing healthcare records Techmeme · 5 days ago
Chinese police are using a state-backed anti-fraud app, installed on 200M+ devices, to identify and question people who have viewed overseas financial news Techmeme · 6 days ago
Kape, a UK-listed digital privacy company controlled by billionaire Teddy Sagi, buys rival ExpressVPN for $936M, boosting Kape's subscribers to 6M Techmeme · 7 days ago
After a meeting with Chinese regulators, Tencent and Alibaba pledge to make their apps and services compatible with each other Techmeme · 7 days ago
Experts say China's gaming regulations for young players will hurt esports development in the country and hand a big advantage to rivals in other countries Techmeme · 7 days ago
Number of UK unicorns grew 10x in the last decade, with invested capital growing from €1B/year to €13B/year, but some worry Brexit will counteract the change Techmeme · 1 week ago
In a consultation document, UK government suggests removing human review of some AI decisions, in a reversal of EU data protection laws Techmeme · 1 week ago
Crypto adoption is accelerating in the developing world, especially in regions with a history of financial instability, like sub-Saharan Africa and Asia Pacific Techmeme · 2 weeks ago
Didi's ride hailing rival Cao Cao Mobility, which is owned by automaker Geely, raises ~$588M from Chinese state-owned funds; Cao Cao had 10M+ MAUs in July Techmeme · 2 weeks ago
How Amazon "roll-up" businesses, which acquire third-party sellers and have raised $8B to date, make profit by improving marketing and supply chain efficiencies Techmeme · 2 weeks ago
Sources: YouTube Music reached 50M paying subscribers in August, up from 30M paid music and premium subscribers that YouTube had reported in October 2020 Techmeme · 3 weeks ago
Report: Amazon runs 164 flights per day on average to move stock in the US, up 17% over the past six months; 70% of Americans live near an Amazon Air presence Techmeme · 3 weeks ago
SEC's Gary Gensler says crypto trading platforms need to work with regulators to survive, as most trading happens with "really sparse" investor protections Techmeme · 3 weeks ago
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged Techmeme · 3 weeks ago
Whoop, which makes a fitness tracker and sells a subscription-based health coaching app, raises $200M from SoftBank's Vision Fund 2 at a valuation of $3.6B Techmeme · 3 weeks ago
Sources: EU to launch a formal probe early next month into Nvidia's planned $54B takeover of Arm, as Nvidia sets formal submission date in the week of Sept. 6 Techmeme · 3 weeks ago
UK's FCA says it is "not capable" of overseeing Binance despite "significant risk" posed by its products, after Binance "refused" to answer basic questions Techmeme · 4 weeks ago
Klarna says losses in Q2 soared to $111M, up from $10M in Q2 2020, as credit defaults doubled, driven by an expansion in new markets Techmeme · 4 weeks ago
UK ICO's Age Appropriate Design Code, aimed at protecting data and limiting ads for kids, comes into effect next Thursday, with large fines for non-compliance Techmeme · 4 weeks ago
Interview with Discord CEO Jason Citron, who says user numbers doubled and revenue tripled to $130M in 2020, and Discord is developing its own in-house games Techmeme · 4 weeks ago
OnlyFans founder Tim Stokely blames banks, including BNY Mellon, Metro Bank, JPMorgan, for its porn ban, but says Mastercard's rules had no bearing on the ban Techmeme · 4 weeks ago
A look at the fintech boom in Nigeria, where 60M adults without bank accounts are driving explosive growth; fintech has seen ~40% of Nigeria's $307M VC funding Techmeme · 1 month ago
UK's CMA recommends an in-depth investigation into Nvidia's planned $40B acquisition of Arm, saying there are "serious competition concerns" about the deal Techmeme · 1 month ago
After grocery delivery startup Gopuff raised $1B, a workers' rights group says drivers at 35 locations across the US saw their hourly rate drop by $4 on average Techmeme · 1 month ago
Nvidia says its planned acquisition of Arm is unlikely to be completed within the planned 18-month time frame, due to investigations in the UK and China Techmeme · 1 month ago
Baidu has raised $1B in a heavily oversubscribed bond sale, even as Beijing's regulatory crackdown hits shares; sources say the sale attracted $5B-$6B in orders Techmeme · 1 month ago
Google outlines MUM, an AI model it plans to use to improve Search by answering users' "fuzzy information needs" that aren't formulated into specific questions Techmeme · 1 month ago
Analysis: Chinese startups are increasingly looking to raise renminbi rather than USD; ~90% of semiconductor funding in China last year was renminbi denominated Techmeme · 1 month ago
WhatsApp shuts down Taliban helpline in Kabul that was allegedly for reporting violence and looting, as Facebook blocks other "official Taliban channels" Techmeme · 1 month ago
Code42 analysis: there were ~65M attempts by staff to steal source code from their companies in Q2, up from about 20M in each of the previous three quarters Techmeme · 1 month ago
In its first post-IPO results, Deliveroo says its pre-tax loss narrowed to £104.8M in H1 2021 as revenue rose 82% YoY to £922.5M; MAUs rose 81% YoY to 7.8M Techmeme · 1 month ago
Amazon says it will pay up to $1,000 in damages for dangerous goods sold by third-party merchants starting September 1 in the US Techmeme · 1 month ago
Security experts voice privacy concerns over Apple's new plan to scan users' devices for child abuse images, saying governments will likely increase its scope Techmeme · 2 months ago
SPACs are being forced to fund deals with more expensive financing, like issuing convertible bonds, due to cash from institutional investors drying up Techmeme · 2 months ago
A look at the debate over Spotify's Discovery Mode, whereby artists are prioritized for reduced royalties, a key way for Spotify to improve margins Techmeme · 2 months ago
Digital bank Monzo reveals a loss of £130M on £66M revenue for the year ended Feb. and says UK FCA is investigating it over potential money laundering breaches Techmeme · 2 months ago
Educational publisher Pearson says it is switching to a subscription model for all of its 1,500 titles, available for $14.99/month through its new Pearson+ app Techmeme · 2 months ago
Several experts say steady improvements in advanced driver-assistance systems are a better pathway to scaling driverless tech than a "moonshot" Level 4 solution Techmeme · 2 months ago
Sources: NSO's Pegasus software, which requires an export license because it is considered a weapon, has become a crucial part of Israel's diplomatic outreach Techmeme · 2 months ago
France's startup ecosystem is growing rapidly, as the number of unicorns triples to 28 since 2018, thanks to US and local investors, and public funds Techmeme · 2 months ago
Facebook says it stopped a campaign by Iranian hackers, targeting about 200 defense and aerospace personnel, primarily from the US, using fake online personas Techmeme · 2 months ago
Sources: SoftBank's Vision Fund 2 invested about $13B in over 50 companies during Q2, up from under $3B invested in less than 24 companies in Q1 Techmeme · 2 months ago
Circle, which says the value of its USDC stablecoins passed $26B+, has made info on its reserves more opaque in recent months, ahead of going public via SPAC Techmeme · 2 months ago
Intel details its European expansion plans, says $20B investment into a regional semiconductor fab may be spread across several EU member states Techmeme · 2 months ago
Sources: after the Didi crackdown, China-based fitness app Keep, podcasting platform Ximalaya, medical data analytics startup LinkDoc pause their US IPO plans Techmeme · 2 months ago
Sens. Bill Hagerty and Chris Van Hollen have called on the SEC to investigate whether Didi Chuxing misled American investors ahead of its IPO last week Techmeme · 2 months ago