Month: July 2022

France’s Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX (Bloomberg)

Bloomberg: France’s Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX  —  Eutelsat Communications SA and OneWeb Ltd. are set to combine in an all-share deal valuing the UK satellite operator at $3.4 billion …

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ORBTrace Effort: Open Tool For Professional Debugging

There are some fairly powerful debugging facilities available on today’s microcontrollers — if your code crashes mysteriously, chances are, there’s a debugging interface that could let you track down the exact crash circumstances in no time. Sadly, debugging tools for these powerful interfaces tend to be prohibitively expensive and highly proprietary, thus, not friendly for

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Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies (Kadhim Shubber/Financial Times)

Kadhim Shubber / Financial Times: Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies  —  Case is a major test of how US insolvency rules will apply in digital asset sector  —  Stablecoin issuer Tether faces scrutiny …

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Spotnana, which offers cloud-based enterprise tools for booking and managing travel, raised a $75M Series B, following a $34M Series A in September 2021 (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Spotnana, which offers cloud-based enterprise tools for booking and managing travel, raised a $75M Series B, following a $34M Series A in September 2021  —  Spotnana, a self-proclaimed “travel-as-a-service” platform that targets corporations, travel management firms, and other technology companies …

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3 AppMod mistakes everyone seems to be making

AppMod, or application modernization, takes existing applications and data sets that run businesses and makes them more useful, productive, and attractive. As I stated before, some see application modernization as “putting lipstick on a pig,” but it should not just make applications appear modern, it should make them look and be modern.  To that end, I

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UK CMA’s publishes its report into music streaming services, saying the market is dominated by major players but this is not “currently causing consumers harm” (Bloomberg)

Bloomberg: UK CMA’s publishes its report into music streaming services, saying the market is dominated by major players but this is not “currently causing consumers harm”  —  The music streaming market dominated by a handful of major players is giving consumers a fair shake …

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Facebook’s TikTok-like redesign marks the end of a social networking era centered around friends and a move toward algorithmically sorted content from strangers (Scott Rosenberg/Axios)

Scott Rosenberg / Axios: Facebook’s TikTok-like redesign marks the end of a social networking era centered around friends and a move toward algorithmically sorted content from strangers  —  Mark last week as the end of the social networking era, which began with the rise of Friendster in 2003, shaped two decades of internet growth …

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Atmospheric High-Voltage Motor Makes Useful Power

While it almost seems like an insane fever dream from an otherwise brilliant inventor, Nikola Tesla’s plan to harvest energy straight out of the atmosphere and essentially give it away is more reality than fiction. It’s usually prohibitively difficult get that energy out of the atmosphere for several obvious reasons, although it is still possible

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Kylie Jenner and Kim Kardashian post Stories sharing a petition to “Make Instagram Instagram Again” and “stop trying to be TikTok” that has 100K+ signatures (Travis Clark/Insider)

Travis Clark / Insider: Kylie Jenner and Kim Kardashian post Stories sharing a petition to “Make Instagram Instagram Again” and “stop trying to be TikTok” that has 100K+ signatures  —  – Kylie Jenner and Kim Kardashian called on Instagram to “stop trying to be TikTok” on Monday.

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Alibaba’s annual report shows the company has removed all Ant Group executives from its partnership and says only its own staff will be able to become partners (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg: Alibaba’s annual report shows the company has removed all Ant Group executives from its partnership and says only its own staff will be able to become partners  —  Alibaba Group Holding Ltd. has removed all executives of financial affiliate Ant Group Co. from its partnership …

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Sources: Alibaba’s US B2B arm, which has been hit by staff departures in its NY office, has slashed its target of signing up 1M SMBs to just 2,000 each year (Financial Times)

Financial Times: Sources: Alibaba’s US B2B arm, which has been hit by staff departures in its NY office, has slashed its target of signing up 1M SMBs to just 2,000 each year  —  Chinese ecommerce giant fails to hit target of signing up 1mn local US businesses while dozens of staff leave New York office

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KPMG: VC investments in China fell to $9.1B in Q2 2022, down from $18.1B in Q1 2022, the lowest quarterly investment since Q4 2014, when $5.5B was invested (Wataru Suzuki/Nikkei Asia)

Wataru Suzuki / Nikkei Asia: KPMG: VC investments in China fell to $9.1B in Q2 2022, down from $18.1B in Q1 2022, the lowest quarterly investment since Q4 2014, when $5.5B was invested  —  Decline in VC investments narrows gap between India and Southeast Asia  —  Observers in China are wondering whether a $1.2 billion

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Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup (Edward White/Financial Times)

Edward White / Financial Times: Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup  —  Former Xinjiang shepherd Zhao Weiguo is latest aggressive dealmaker to fall foul of Xi Jinping’s government

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Report: Apple, Google, Microsoft, and Amazon have been buying gold that was illegally mined from Brazilian indigenous lands for their products and servers (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac: Report: Apple, Google, Microsoft, and Amazon have been buying gold that was illegally mined from Brazilian indigenous lands for their products and servers  —  Natural resources such as gold and copper are fundamental in the manufacturing process of electronic products.

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Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup (Edward White/Financial Times)

Edward White / Financial Times: Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup  —  Former Xinjiang shepherd Zhao Weiguo is latest aggressive dealmaker to fall foul of Xi Jinping’s government

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A Simple Charging Station For Twelve Powerbanks

[jasonwinfieldnz] uses twelve small powerbanks day to day – powering LED strips around his trampoline, presumably, to avoid the mess of wires and make the assembly easily portable. However, if you have twelve powerbanks, you’ll find yourself hogging all the household’s microUSB cables every so often, as they eventually discharge. This was not good enough

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