Max Seddon / Financial Times:
COO of Yandex talks about revenue fall in its online ads and taxi businesses due to COVID-19, hopes increased demand for its delivery apps can mitigate losses — Fall in revenues for tech giant´s online advertising and taxi businesses offset by surge in demand for delivery services
Kyle Wiggers / VentureBeat:
Database developer MemSQL raises a $50M debt facility, bringing its total raised to $158M — Database tech developer MemSQL today announced it signed a debt facility that provides up to $50 million of new capital. Co-CEO Raj Verma says it will chiefly be used to deliver new and existing products …
Ashley Carman / The Verge:
Spotify announces Group Sessions in beta, letting multiple Premium users control a listening session — Share DJ time with your quarantine buddies — Spotify is giving premium users a new feature that´ll allow them to share DJ duties with anyone in their immediate vicinity.
Tae Kim / Bloomberg:
The pandemic is creating opportunities for Amazon rivals, from upstart Shopify to retailers such as Target and Costco — Business turmoil sparked by the Covid-19 pandemic is creating opportunities for rivals from upstart Shopify to retailers such as Target and Costco. — The e-commerce rebels are making their advance.
Jon Fingas / Engadget:
Qualcomm unveils Snapdragon 768G processor with faster graphics performance and global 5G support — Qualcomm isn´t wasting any time following up last year´s Snapdragon 765G gaming chip with a more powerful model. It´s unveiling the Snapdragon 768G, a follow-up that appears to address what many gamers want the most: raw performance.
Siva Vaidhyanathan / Wired:
In its quasi-judiciary role, Facebook Oversight Board is neutered from the start since it can not mandate codes of conduct or effectively help minimize harm — The company´s new review board is designed to move slowly and keep things intact. — My late colleague, Neil Postman …
A look at what could be holding back VR, as a breakthrough moment seems unlikely to materialize despite ripe conditions and nearly a decade of big bets on VR — We tried VR in the 1980s, and it didn´t work. The idea may have been great, but the technology of the day was nowhere close to delivering it …
Jon Fingas / Engadget:
Report: White House is in talks with Intel and TSMC about building chip factories in the US to make chips for third party clients — The Trump administration hasn´t been shy about wanting to reduce its dependence on Asia for technology, and that might soon include the processors inside PCs and phones.
Mary Ann Azevedo / Crunchbase News:
Canada-based Tehama, a SaaS company that helps remote workers securely connect to enterprise systems, raises $10M Series A led by OMERS Ventures — Tehama, a SaaS platform that aims to offer a secure way to deploy a virtual workforce, has raised $10 million in a Series A round, the Ontario …
Annie Musgrove / Tech.eu:
France-based Agicap, creator of a SaaS tool that helps companies manage and forecast their cash flows, raises €15M Series A led by Partech — French startup Agicap, creator of a SaaS tool for cash flow management, has raised €15 million in a round led by Partech …