Amazon and Walmart have suffered market cap hits, as well as substantially lower revenue and profit growth projections thanks to an ill-conceived and politically opportunistic move by the Indian government.
Read More »Days after saying it is reconsidering plans for a Wisconsin plant, Foxconn now says the plan is back on after its Chairman’s “personal conversation”…
Josh Dzieza / The Verge : Days after saying it is reconsidering plans for a Wisconsin plant, Foxconn now says the plan is back on after its Chairman's “personal conversation” with Trump — At some point — Days after Foxconn's Louis Woo told Reuters that the company is no longer planning to build …
Read More »Huawei’s Mobile World Congress invite hints that the company will show off a foldable 5G smartphone on February 24 (Vlad Savov/The Verge)
Vlad Savov / The Verge : Huawei's Mobile World Congress invite hints that the company will show off a foldable 5G smartphone on February 24 — Whether gimmicky or great, foldable devices will get their time in the spotlight this year — Mobile World Congress in Barcelona is traditionally the year's biggest show …
Read More »Amazon says it got 850k applications for hourly US jobs in Oct. 2018 after announcing its $15 minimum wage, more than doubling its previous monthly…
Alison Griswold / Quartz : Amazon says it got 850k applications for hourly US jobs in Oct. 2018 after announcing its $15 minimum wage, more than doubling its previous monthly record — One of the most important takeaways from Amazon's 2018 fourth-quarter and full-year earnings report, released Jan. 31, had little to do with the usual financial results.
Read More »Extensive review of Intel’s Xeon W-3175X CPU, which has 28 cores and costs $2,999: compares favorably to higher-priced CPUs and is priced reasonably…
Ian Cutress / AnandTech : Extensive review of Intel's Xeon W-3175X CPU, which has 28 cores and costs $2,999: compares favorably to higher-priced CPUs and is priced reasonably — Intel has always ensured that its high-end server platforms, one where multiple CPUs can act as a single system, have the highest core count processors.
Read More »Go-Jek confirms first close of its Series F round, sources say it raised around $920M at $9.5B valuation; Go-Jek is planning to raise $2B total for…
Jon Russell / TechCrunch : Go-Jek confirms first close of its Series F round, sources say it raised around $920M at $9.5B valuation; Go-Jek is planning to raise $2B total for the round — Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round …
Read More »400K+ items, making up ~1/3 of Amazon’s ~$6B in annual sales in India, likely to disappear from Amazon India, while it works to meet new compliance…
Vindu Goel / New York Times : 400K+ items, making up ~1/3 of Amazon's ~$6B in annual sales in India, likely to disappear from Amazon India, while it works to meet new compliance rules — NEW DELHI — On Friday, Indian consumers will wake up to an emptier, more expensive version of Amazon's shopping service.
Read More »400K+ items, making up about a third of Amazon’s ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance…
Vindu Goel / New York Times : 400K+ items, making up about a third of Amazon's ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance rules — NEW DELHI — On Friday, Indian consumers will wake up to an emptier, more expensive version of Amazon's shopping service.
Read More »A breakdown of an internal memo in which Facebook details distribution and onboarding for its Research app, and defends its data collection methods,…
Josh Constine / TechCrunch : A breakdown of an internal memo in which Facebook details distribution and onboarding for its Research app, and defends its data collection methods, disclosures — Early this morning, we received agreement from Apple to issue a new enterprise certificate; this has allowed us to produce …
Read More »Facebook says Apple has restored its access to enterprise certificates, bringing internal apps back online (Chance Miller/9to5Mac)
Chance Miller / 9to5Mac : Facebook says Apple has restored its access to enterprise certificates, bringing internal apps back online — Update: In a leaked memo obtained by Business Insider, Facebook continues to defend its Research app, as well as its decision to distribute it via enterprise certificates. Read the details below.
Read More »Kleiner Perkins says it has raised a $600M fund, its first since the departure of Mary Meeker, focusing on seed, Series A, and Series B financings…
Josh Constine / TechCrunch : Kleiner Perkins says it has raised a $600M fund, its first since the departure of Mary Meeker, focusing on seed, Series A, and Series B financings — “KP used to be a small team doing hands-on company building. We're moving away from being this institution with multiple products …
Read More »Amazon reports Q4 “other” revenue, which is mostly comprised of its advertising services, hit $3.39B, up 95% YoY (Spencer Soper/Bloomberg)
Spencer Soper / Bloomberg : Amazon reports Q4 “other” revenue, which is mostly comprised of its advertising services, hit $3.39B, up 95% YoY — Amazon.com Inc.'s sales and earnings in the busy holiday quarter beat analysts' estimates, showing the world's biggest web retailer can maintain rapid growth …
Read More »Amazon Users in India Will Get Less Choice and Pay More Under New Selling Rules
Under pressure from small merchants, the Indian government is prohibiting Amazon and Walmart from selling products on their own sites.
Read More »Gab remains financially viable due to the Jobs Act of 2012, which has allowed it to raise $2M from two crowdfunding rounds handled by online broker…
Southern Poverty Law Center : Gab remains financially viable due to the Jobs Act of 2012, which has allowed it to raise $2M from two crowdfunding rounds handled by online broker StartEngine — Three months after a man radicalized on Gab.com killed 11 Jews in a Pittsburgh synagogue, the social media website that has become …
Read More »Researchers say India’s political parties are using armies of volunteers to spread misinformation and hate speech via WhatsApp group chats ahead of…
Billy Perrigo / TIME : Researchers say India's political parties are using armies of volunteers to spread misinformation and hate speech via WhatsApp group chats ahead of elections — On Monday, in an effort to stop the spread of fake news, WhatsApp announced that users around the world would only be allowed …
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