Media update 1729-31

Hej, 

Tech
Permira acquires stake in Klarna Link
Microsoft beats earnings report thanks to cloud services Link
Facebook announced plan to combat fake news with having even more information Link
Ingenico buyed Swedish payment company Bambora owned by Nordic Capital for €1.5 BN Link

Transportation
Elon Musk received a verbal “ok” to start building underground hyperloop for vehicles across the US Link
– Even though Tesla have had 60,000 cancellations of the Model 3 since March 2016 they now have 1,800 new reservations per day since the release – Link – of the first Model 3 on July 28th Link
Didi Chuxing invest in Taxify, an Uber rival in the African and European markets Link

Media
Anders Borg leaves the BOD at Kinnevik after party bloopers Link
Apple continued to grow especially thanks to iPad sales. The company now has USD 261.5 BN in cash reserves after a quarter of USD 8.7 BN in operating profit Link
Amazon Prime signs deal with Bollywood superstar Salman Khan Link
Google bid USD 30 BN for Snapchat back in 2016 Link

XR
Disney and Star Wars launches AR game and headset with Lenovo Link
Within gets USD 40 M in funding from Temassek and Laurene Powell Jobs to build AR cinematic experiences Link
Penrose’s Maestro made stole the spotlight at SIGGRAPH in LA Link
Tim Cook on Earnings call: “I think AR is big and profound and this is one of those huge things that we’ll look back at and marvel on the start of it…I couldn’t be more excited about it.”Link

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