Tech
– HelloFresh to seek SEK 2.9 BN while going public Link
– Why a Bitcoin bubble bursting could impact the tech industry Link
– Alibaba looks to triple its R&D spendings to USD 15 BN over the coming three years to find the next big thing through its DAMO (Discover, Adventure, Momentum and Outlook) Academy Link
– China seeks to build the world’s most powerful facial recognition system powered by Machine Learning supposed to match someone’s face with 90% accuracy Link
– How online dating is changing the nature of society (see statistics below) Link
– IKEA announced they’re going to test selling products on Third party websites Link
Transportation
– NVIDIA introduces a computer chip for level 5 autonomous cars Link
– Shell acquires NewMotion charging network in the company’s fist Electrical Vehicle deal Link
– Lyft drove its 500 millionte ride last week and is now available to 95% of the US population Link
Media
– Google acquires Relay Media to speed up the loading times of webpages Link
– Netflix beats earnings estimates and expects to spend more than USD 8 BNin programming for 2018 Link
– US box offices posted the worst summer season in over ten years in number of visitors Link
XR
– Nokia is reducing its VR engagements by pulling the plug to their Ozo camera but remain interested and focused on VR experiences Link
– Oculus held its Oculus Connect 4 (OC4) and launched a USD 200 wearable VR headset called Oculus Go and announced they now have over 100 M app downloads (!) Link
– Shanghai now has more than 100 VR Arcades Link
– Zuckerberg aims to get 1 BN people to VR by the price cut of Oculus products Link
– Magic Leap seems to be raising up to USD 1 BN in a Series D round Link
Statistics
– GAFA have 3x the revenue as Wintel – look at the growth! Link
GAFA’s growth!
How GAFA spends on CapEx
How online dating changes the nature of society
Lyft’s rider growth
