China:
1. China closes ranks as AI firms join Huawei on US blacklist
2. TikTok has moved into Facebook’s backyard and is starting to poach its employees
3. Luckin Tea to settle in 20 Chinese cities soon
4. China-focused data centre developer Chayora secures $180m Series C from Actis
5. E-signature firm Esign raises USD 100 million in Series C round, led by Ant Financial
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Emerging Market:
1. Indonesia’s newest unicorn Ovo says it now has more active users than credit card companies
2. Indian digital payment startup Paytm to close $2 billion in new funding
3. Go-Ventures leads $7.5m funding in Indian social commerce startup Mall91
5. India’s Reliance Jio unveils video call assistant to help businesses automate customer support
Cross-Border:
1. Apple under fire for security feature which sends some user data to Tencent
2. China Communications Construction unit to invest $1.65b in Indonesian toll road
3. Thoma Bravo makes $3.9 billion offer to acquire security firm Sophos
Overseas:
2. EBay, Stripe and Mastercard drop out of Facebook’s Libra Association
3. Facebook’s AI streamlines sentences while preserving meaning
4. Google taps Yubico for new USB-C Titan Security Key
5. Electric moped startup Revel could expand to Texas next
6. Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale
7. Alexa now speaks Spanish, including in multi-lingual mode
9. UK biotech startup Mogrify injects $16M to get novel cell therapies to market soon
10. Australian stylish luggage startup July raises $7m in Series A round
11. Cognitive AI’s breakthrough: Real human-like reasoning in business AI solutions
12. Foodvisor automatically tracks what you eat using deep learning
Image Credits: technode