Month: July 2022

Zomato stock dropped 14%+ to a record low after a lock-in period expired, giving the company a market cap of $4.2B, down from $13.2B on its IPO debut year ago (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Zomato stock dropped 14%+ to a record low after a lock-in period expired, giving the company a market cap of $4.2B, down from $13.2B on its IPO debut year ago  —  Shares of Indian food delivery firm Zomato dropped as much as 14.3% on Monday to an all-time low after the

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Filing: Voyager says the restructuring proposal by FTX and Alameda is “a low-ball bid dressed up as a white knight rescue” that disrupts the bankruptcy process (Yueqi Yang/Bloomberg)

Yueqi Yang / Bloomberg: Filing: Voyager says the restructuring proposal by FTX and Alameda is “a low-ball bid dressed up as a white knight rescue” that disrupts the bankruptcy process  —  Crypto platform Voyager Digital LLC said a joint offer proposed by FTX and Alameda is a “low-ball bid” …

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Report: CEO of Chinese smartphone brand Honor said the company pulled its team out of India, where authorities have been investigating Chinese smartphone firms (Jiaxing Li/South China Morning Post)

Jiaxing Li / South China Morning Post: Report: CEO of Chinese smartphone brand Honor said the company pulled its team out of India, where authorities have been investigating Chinese smartphone firms  —  Chinese smartphone brand Honor, formerly under Huawei Technologies Co, has pulled its team out of India, chief executive Zhao Ming said …

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Netflix rolls out a button for iOS and iPadOS users to take them directly to its site to sign up, which avoids the App Store cut via an API for “reader apps” (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac: Netflix rolls out a button for iOS and iPadOS users to take them directly to its site to sign up, which avoids the App Store cut via an API for “reader apps”  —  Earlier this year, Apple began allowing “reader” apps to provide external links for customers so they can log

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European investing app Shares, which debuted in the UK two months ago and has 150K+ users, raises $40M led by Valar Ventures, bringing its total raised to $90M (Ivan Levingston/Bloomberg)

Ivan Levingston / Bloomberg: European investing app Shares, which debuted in the UK two months ago and has 150K+ users, raises $40M led by Valar Ventures, bringing its total raised to $90M  —  Peter Thiel-backed Valar Ventures is leading a $40 million financing round into European investing app Shares.

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Hackaday Links: July 24, 2022

OK, maybe that won’t buff right out. NASA has released a more detailed analysis of the damage suffered by the James Webb Space Telescope in a run-in with a micrometeoroid, and has deemed the damage “uncorrectable”. Not that any damage to JWST is correctable, at least in the sense that the Hubble Space Telescope was

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An in-depth look at the research collaboration between NASA and the FAA since 2017 to write new US airspace rules for safely accommodating millions of drones (Chris Feliciano Arnold/Bloomberg)

Chris Feliciano Arnold / Bloomberg: An in-depth look at the research collaboration between NASA and the FAA since 2017 to write new US airspace rules for safely accommodating millions of drones  —  “Please stay clear of the flight line,” warns Keith Hyde, director of U.S. operations for Wing.

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How Apple, Amazon, and Google are trying to secure live sports streaming rights, working to convince leagues to switch from traditional TV and cable networks (New York Times)

New York Times: How Apple, Amazon, and Google are trying to secure live sports streaming rights, working to convince leagues to switch from traditional TV and cable networks  —  Competing for rights to broadcast games from the N.F.L. and other leagues could be hard for broadcast and cable companies that “aren’t playing by the same

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Sources: new “Pro” Apple Watch will have about 7% larger screen, a new design, and a case with a more durable formulation of titanium to make it extra rugged (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Sources: new “Pro” Apple Watch will have about 7% larger screen, a new design, and a case with a more durable formulation of titanium to make it extra rugged  —  Apple is set to report earnings this week against the backdrop of an economic downturn and a plan to slow hiring.

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