Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

Blade, backed by Lerer Hippeau and Airbus, has begun chauffering the Bay Area’s elite.

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Meituan confirms Mobike’s retreat from most overseas markets

TechCrunch reported last Friday that Mobike has scrapped operations across the Asia Pacific region as a key step towards a long-term plan to scale back its international business. On Monday, its parent company Meituan confirmed that the pioneer in China’s bike rental sector will shut down most of its foreign markets. “Mobike international business is […]

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Korean conglomerate SK leads $600M round for Chinese chipmaker Horizon Robotics

Horizon Robotics, a three-year-old Chinese startup backed by Intel Capital, just raised a mega-round of fundings from domestic and overseas backers as it competes for global supremacy in developing AI solutions and chips aimed at autonomous vehicles, smart retail stores, surveillance equipment and other devices for everyday scenarios. The Beijing-based company announced Wednesday in a […]

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‘There’s no way the US can crush us,’ Huawei founder claims

Huawei’s founder has come out fighting against the U.S. government after he claimed that “there’s no way the US can crush us.” Ren Zhengfei, who founded the telecom company in 1987, doesn’t often make public statements, but, in a rare interview with the BBC, he defiantly claimed that Huawei’s business is growing stronger amid pressure […]

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Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in […]

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Apple losses trigger a plunge in US markets

Bad news from Apple and signs of slowing international and domestic growth sent stocks tumbling in Thursday trading on all of the major markets. Investors erased some $75 billion in value from Apple alone… an amount known technically as a shit ton of money. But stocks were down broadly based on Apple’s news, with the Nasdaq […]

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In 2018 the ticketing industry finally killed the ‘sold out’ show

Jesse Lawrence Contributor Jesse Lawrence has been in media and tech for 20 years. Prior to TicketIQ, he worked at MediaMath and IAC. He started his career as a writer. More posts by this contributor The Golden Knights, live gambling and the future of live sports attendance After years of chasing brokers and bots, ‘slow […]

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The forgotten ‘Facebook of China’ is sold for $20M

Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, […]

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Hacking the websites responsible for election information is so easy an 11 year-old did it

It’s time to talk about election security. Over the weekend at Def Con, the annual hacker convention in Las Vegas to discuss some of the latest and greatest (or scariest) trends in the wild world of hacking, a pair of election security hacking demonstrations set up for adults and kids alike offered up some frightening […]

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Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more

Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and video platform Tiktok. The Beijing-based startup is in early-stage talks with investors to raise $2.5 billion to $3 billion, according to a source with knowledge […]

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