HSBC plans to move billions in assets to a new blockchain-based custody platform by March 2020. HSBC will transfer $20bn worth of assets to a blockchain-based platform named Digital Vault, according to Reuters reports on Wednesday (27…
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Meet Pixpay, a French startup that wants to replace cash when you’re handing out pocket money to your kids. Anybody who is older than 10 years old can create a Pixpay account, get a debit card and manage pocket money. Challenger banks are…
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French startup Foodvisor has raised a $4.5 million funding round after generating 2 million app downloads. Agrinnovation is leading the round and various business angels are also participating. I covered Foodvisor last month, so I’m not…
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Adobe detected a security breach last week, which it traced back to a vulnerability in the Magento Marketplace. Adobe has warned users about a security breach in its system that impacted users registered on the company’s Magento…
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Alibaba Cloud, a subsidiary of Chinese e-commerce giant Alibaba, has opened to the public its source code for an in-house machine-learning platform that it used to drive product recommendations during this year’s Singles Day shopping…
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Officials in London said on Monday they won’t renew Uber’s license to operate in the city, citing a “pattern of failures,” such as unauthorized drivers taking the wheel in at least 14,000 trips. Driver impersonation is a recurring problem…
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Why are we all trapped in enterprise chat apps if we talk 6X faster than we type, and our brain processes visual info 60,000X faster than text? Thanks to Instagram, we’re not as camera-shy anymore. And everyone’s trying to remain in flow…
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Amazon’s re:Invent 2019 conference is nearly two weeks out, but try telling that to Amazon Web Services (AWS) it’s unveiling new products left and right. Following on the heels of Alexa on AWS Core and new languages Amazon Translate and…
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How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley. But a law in Chicago requiring the companies to disclose fare data shines a light on how at least one…
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The equivalent of more than 100 human lifetimes are spent globally each day on data entry from invoices alone, according to Rossum. And so the Czech AI startup is using deep learning to help companies ditch manual data entry, freeing up…
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China’s decision to halt online sales of vaping products earlier this month has put e-cigarette makers under intense pressure, and follows a global trend towards stricter regulation. One Chinese startup, backed by some of Asia’s most…
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Didi Chuxing is working with ride-hailing fleets in Shanghai to display ads on tablets attached to the back of passenger headrests as it explores ways to accelerate revenue growth. Why it matters: The in-car screens are an attempt to…
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PayPal has struck gold. In a mostly cash move announced last week, the company will spend about $4 billion to buy Honey Science Corporation, the deal-finding browser extension and app, which currently has 17 million monthly users and more…
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Huawei launched Monday a new lineup of its MateBook D laptops with the Windows 10 operating system pre-installed, days after Microsoft was granted a license from the US government to export software to the company. Why it matters: The move…
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After a lengthy consultation period sparked by hedge fund and activist investor Elliott Management, eBay has confirmed that it’s offloading its ticket marketplace StubHub to Viagogo in an all-cash deal worth $4.05 billion. This represents…
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Uber has lost its license to operate in London, one of its biggest markets globally, with a local transport regulator reaffirming a previous claim that Uber is not a “fit and proper” operator. The regulator also found that Uber’s systems…
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Several months ago, Google hired dozens of actors to sit at a table, stand in a hallway and walk down a street while talking into a video camera. Then the company’s researchers, using a new kind of artificial intelligence software, swapped…
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TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million in additional Series A funding, led by Viola Fintech and SIG Asia Investment, with participation from…
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Gaming giant NetEase is under fire on Chinese social media for its layoff practices following a series of WeChat articles from a former employee who alleges that he was fired without cause while contending with a serious illness. Why it…
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Amazon will launch a storefront on Chinese social e-commerce platform Pinduoduo, people familiar with the matter told TechNode on Sunday. Why it matters: While Amazon appeared to have drawn down its business in China earlier this year amid…
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After being in beta since a decade, Google Cloud Print will be decommissioned on 31 December 2020. The announcement comes almost a year earlier than the deadline, indicating that the feature is probably used by many. It made it easier to…
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Outside Google offices in San Francisco today, more than 100 employees protested the company placing Laurence Berland and Rebecca Rivers on administrative leave and demanded they be allowed to return to work. Berland has been active among…
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Google’s auto-complete feature, also known as Smart Compose, is available on Gmail where it predicts what you would want to type, and all you have to do is hit Tab to complete the predicted sentence. Now it seems, Google wants to get it to…
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Google, which has already paid security researchers over $15 million since launching its bug bounty program in 2010, today expanded its Android Security Rewards program. Most notably, the company is introducing a top prize of $1 million.…
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Uber has confirmed that it is working on a safety feature that will record audio in all rides. The feature will be piloted in some Brazilian and Mexican cities next month. The company wants to test it before bringing it to the US and other…
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