Day: January 17, 2019

Niantic, The Company Behind Pokemon Go, Has Raised a New $245 Million Funding Round

Augmented reality developer Niantic said Wednesday it has raised $245 million in a Series C funding round led by venture capital firm IVP. In 2015, Niantic spun out of Alphabet as an independent, private company with $35 million in Series A funding from The Pokemon Company Group, Google and Nintendo. Following the launch of Pokemon […]

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YouTube Bans Dangerous or Harmful Pranks

YouTube clips that depict dangerous or emotionally distressing “pranks” have been banned from the platform. The move comes in response to so-called “challenges” that have sometimes resulted in death or injury. The Google-owned video sharing site said such material had “no place on YouTube”. However, the firm appears to be failing to enforce its existing […]

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Google Maps Deterring Outback Tourists, Say Small Firms

Tourism operators in Australia claim inaccuracies in Google Maps are deterring potential visitors, by making remote attractions appear further away than they actually are. The Queensland government in north-east Australia has complained to Google, which says it will look into the issue. Firms looking to promote their small towns as remote tourist destinations say Google […]

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U.S. Investigating Huawei for Alleged Trade Secret Theft

Federal prosecutors are investigating Huawei Technologies[HWT.UL], the world’s largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday. Citing people familiar with the matter, the Journal said that one area of investigation is the technology behind a device that T-Mobile […]

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India’s E-Commerce Curbs Could Hit Online Sales by $46 Billion by 2022 – PwC Draft Analysis

India’s new foreign investment restrictions for its e-commerce sector, which includes giants such as Inc and Walmart-owned Flipkart, could reduce online sales by $46 billion by 2022, according to a draft analysis from global consultants PwC seen by Reuters. Under the changes, e-commerce firms in India will from Feb. 1 not be able to […]

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Sofia Coppola to Direct Bill Murray in Apple’s First Film

Sofia Coppola will reunite with Lost in Translation star Bill Murray to make Apple’s first original feature film. News of the film, titled On the Rocks, comes ahead of the expected launch of the tech giant’s own streaming platform. Rashida Jones will star with Murray in the film, which tells of a young mother who […]

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