Author: Tech Support

Sources: China's Baidu has selected CLSA and Goldman Sachs for its planned second listing in Hong Kong, which could raise at least $3.5B (Bloomberg)

{$inline_image} Bloomberg: Sources: China’s Baidu has selected CLSA and Goldman Sachs for its planned second listing in Hong Kong, which could raise at least $3.5B  —  – Search giant aiming to raise at least $3.5 billion in listing  — U.S.-listed Chinese firms raised $17 billion in city last year Sources: China's Baidu has selected CLSA

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Roku has acquired global rights for Quibi content for, sources say, less than $100M, and will make it available free to stream in 2021 on the Roku Channel (Wall Street Journal)

Wall Street Journal: Roku has acquired global rights for Quibi content for, sources say, less than $100M, and will make it available free to stream in 2021 on the Roku Channel  —  Maker of the biggest U.S. streaming video-player plans to put the content in its ad-supported channel Roku has acquired global rights for Quibi

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Amazon Pantry is being discontinued as Amazon consolidates its grocery delivery services

Amazon has announced that it’s discontinued its Amazon Pantry (originally known as Prime Pantry) service, instead rolling those household goods and shelf-stable pantry items into the main Amazon website where they can be ordered alongside the rest of Amazon’s products. Originally launched back in 2014, Pantry worked differently from most Amazon orders. Instead of following

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Roku says Roku OS-powered smart TVs held 38% market share in the US and 31% in Canada in 2020, according to NPD (Jason Gurwin/The Streamable)

Jason Gurwin / The Streamable: Roku says Roku OS-powered smart TVs held 38% market share in the US and 31% in Canada in 2020, according to NPD  —  Earlier in the week, Roku revealed that they had surpassed 50 million active users.  One of the biggest areas of growth has come from Roku OS-powered Smart

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Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation (Bloomberg)

Bloomberg: Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation  —  – Firm receives $100 million from Tencent at $5 billion value  — Grocer also in talks with other investors including Kuaishou  —  Tencent Holdings Ltd. has increased … Sources: Chinese online grocery delivery startup Xingsheng Youxuan

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Nope, ‘facial recognition’ didn’t spot Antifa members at US riots

After right-wing rioters stormed the US Capitol building on Wednesday, Republican Congressman Matt Gaetz pushed a conspiracy theory that members of Antifa masquerading as Trump supporters were among the mob. Gaetz, an ardent Trump ally, based his claims on a Washington Times report containing “compelling evidence” from a facial recognition firm. The story features a cast of shady characters: a

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