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China's Tencent, JD.com invest $863 million in online retailer Vipshop
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BEIJING (Reuters) – Chinese internet giant Tencent Holdings Ltd (0700.HK) said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd (VIPS.N), upping its rivalry in retail with Alibaba Group Holding Ltd (BABA.N). Tencent will invest $604 million in exchange for a 7 percent stake in Vipshop, while e-commerce firm […]

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The Hard Work and Hustle Before Crazy Valuations and Exits
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In February of last year, Appcues – the user activation and onboarding tool developed by Jonathan Kim – closed a seed round of $2.5 million, thanks to investors like Brian Halligan and Dharmesh Shah. That’s on top of the company’s initial seed round of $1.2 million in 2014, bringing Appcues’s total funding to $3.7 million. […]

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New Evidence Could Blow Open the Uber/Waymo Self-Driving Lawsuit
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Today, after three weeks of legal hemming and hawing, the Northern District of California finally made public a potentially key piece of evidence in the rollicking, roiling, rolling trade secrets lawsuit between self-driving Alphabet spinoff Waymo and ridehailing company Uber. That evidence is the Jacobs Letter, a 37-page rundown of truly outrageous allegations about Uber’s […]

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Alphabet's X sells new wireless internet tech to Indian state
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SAN FRANCISCO (Reuters) – Alphabet Inc’s X research division said on Thursday that India’s Andhra Pradesh state government would buy its newly developed technology that has the potential to provide high-speed wireless internet to millions of people without laying cable. Terms of the deal were not disclosed, but the agreement, which begins next year, would […]

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Advocates ready legal showdown with FCC on net neutrality
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WASHINGTON (Reuters) – Net neutrality advocates said they are gearing up for a legal fight after abandoning attempts to convince the U.S. Federal Communications Commission to keep 2015 rules aimed at maintaining an open internet. FILE PHOTO: Ajit Pai, Chairman of the Federal Communications Commission, testifies before a Senate Appropriations Financial Services and General Government […]

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Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal
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WASHINGTON (Reuters) – Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc (T.N) should not be permitted to buy CNN parent Time Warner Inc (TWX.N) because there was a risk it would lead to “recklessness” in journalism. FILE PHOTO – One-time advisor of U.S. president-elect Donald Trump Carter Page […]

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As the Southern California Fires Rage, a Boeing 747 Joins the Fight
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The largest and most destructive fire burning in California continues to grow, consuming dry brush as it races not just through but across the canyons north of Los Angeles. Strong winds and dry conditions mean flames can leap large distances, prompting thousands to evacuate their homes. The Thomas Fire has now spread from Ventura County […]

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AI Research Is in Desperate Need of an Ethical Watchdog
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About a week ago, Stanford University researchers (posted online)[https://osf.io/zn79k/] a study on the latest dystopian AI: They’d made a machine learning algorithm that essentially works as gaydar. After training the algorithm with tens of thousands of photographs from a dating site, the algorithm could, for example, guess if a white man in a photograph was […]

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Uber faces big jump in fees if London license is renewed
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LONDON (Reuters) – Uber will face a big jump in the fee it pays to operate in London to 2.9 million pounds if the ride hailing company is granted a new license by the city’s transport authority. Transport for London said on Monday companies with more than 10,000 vehicles would pay 2.9 million pounds ($4 […]

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