Saritha Rai / Bloomberg: Accel and Sequoia check whether their portfolio companies in India and SE Asia are exposed to AI disruption; 75%+ of Sequoia India’s new deals are AI related — Global investors at the world’s largest venture capital firms including Accel and Sequoia Capital India are asking their […]
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Damilare Dosunmu / Rest of World: Activists and telecom experts say the Kenyan government’s plan, permitted by the Supreme Court, to track counterfeit phones is “excessive” and threatens privacy — The Supreme Court granted the communications regulator permission to implement a program that combats counterfeits.
Andrew Logan / Texas Monthly: A profile of Tapbots founders Paul Haddad and Mark Jardine; ex-Twitter exec Amir Shevat says ~17% of engagement on Twitter historically was via third-party apps — After Elon Musk killed their Twitter app, two software developers in the North Texas suburbs are trying to shape […]
Sam Kim / Bloomberg: Source: South Korea won’t encourage its memory-chip firms to grab market share in China lost by Micron, as it could disrupt its bilateral relations with the US — South Korea will avoid capitalizing on China’s ban on a US chipmaker, seeing the move by Beijing as […]
Aisha Majid / Press Gazette: Chartbeat data for 1,350 publishers: Twitter referral traffic fell from 1.9% in April 2018 to 1.2% in April 2023; medium-sized publishers’ traffic dropped 40% — Twitter – already a small source of clicks for publishers – has further declined in importance as a traffic referrer […]
Susanne Barton / Bloomberg: Binance plans to launch a local service for Japan residents in the summer and discontinue its global service for users in the country on November 30, 2023 — Binance is creating a new platform for residents in Japan in order to fully comply with local regulations, […]
Bloomberg: US Commerce Secretary Gina Raimondo says the US “won’t tolerate” China’s ban on Micron chips and calls the decision an “economic coercion” — Commerce Secretary Gina Raimondo said the US “won’t tolerate” the recent decision by Chinese authorities to ban chips …
Tracy Wen Liu / Wired: Source and analysis: PDD-owned Temu is losing an average of $30 per order and between $588M to $954M per year, as it tries to break into the US market — The Chinese shopping app is topping app stores in the US. But it’s burning money […]
Wes Fenlon / PC Gamer: The developers behind open source GameCube and Wii emulator Dolphin say Nintendo sent Valve a DMCA takedown notice to block Dolphin’s impending release on Steam — The GameCube & Wii emulator developers say the Steam release is “indefinitely postponed.” — On Friday, the developers behind […]
Cam Thompson / CoinDesk: DappRadar: Blur’s NFT lending marketplace Blend amassed 169,900 ETH, or about $308M, in volume since its May 1 launch, taking 82% of total lending volume market — Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.