A string of Chinese stocks fell hard on Thursday after the arrest of Huawei’s chief financial officer Meng Wanzhou in Vancouver deepened concerns over US-China trade tensions. The Hang Seng China Enterprises Index of Chinese companies listed in Hong Kong was off 2.76 percent as of 12:40 p.m. On the Mainland side, the CSI 300…
Duet Display is an app that lets you turn your iPad into a second Mac monitor. And the team behind it just released a major update that makes it much more efficient — it consumes less CPU resources and is now recognized as a true external display. If you’ve used Duet Display over the past…
Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens support for routing and account numbers. That means working teens will be able to direct-deposit to their Current account their paychecks from after-school and…
China’s largest ride-hailing operator Didi Chuxing announced on Wednesday a major restructuring, which trails a series of tweaks to its core businesses following two separate passenger murders that happened in May and September. The reshuffle will see Didi — which owns Uber’s China business — knit three key platforms into a new overarching Ride-hailing Business Group…
It’s been quite the tumultuous year in the tech industry, most notably for companies like Facebook. Google, Tesla and Salesforce. And, based on Glassdoor’s latest ranking of the best companies to work for — in addition to employee protests and walkouts — it’s clear that employees are paying attention. Unsurprisingly, Facebook is no longer ranked…
Chris Downer is a principal at XL Innovate, focusing on insurtech investments in North America, Europe and Asia. Tech companies and VCs in the insurance space have probably read many of the news articles about Amazon and Google entering insurance (here, here and here). Given their nearly unlimited resources, this may be intimidating to some in the…
Facebook was in the news a bit more than they would have preferred in 2018, but the company’s leadership will be taking to the stage to talk about its next product evolutions for consumers and developers. The social media giant has just announced its dates for its annual developer conference, Facebook will be returning to San…
Lawyers behind a UK class-action style compensation litigation against Google for privacy violations have filed an appeal against a recent High Court ruling blocking the proceeding. In October Mr Justice Warby ruled the case could not proceed on legal grounds, finding the claimants had not demonstrated a basis for bringing a compensation claim. The case relates to the…
Quora said today that a security breach may have compromised data from about 100 million users. In an email sent to users today and a blog post by CEO Adam D’Angelo, the company said a “malicious third party” gained unauthorized access to Quora’s systems on Friday. Its internal security teams and a “leading digital forensics…
It’s going to take more than a bunch of posies to make up for this one. The Canadian branch of 1-800-FLOWERS revealed in a filing with the California attorney general’s office that malware on its website had siphoned off customers’ credit cards over a four-year period. Four years. Let that sink in. The company said…
