China:
1. China’s venture capital market falls to a lower record of US$4 billion in October
2. Tencent wants to replace cars with flying taxis
3. Alibaba quarterly revenue jumps 40 per cent ahead of Singles’ Day shopping festival
5. Bilibili introduces music incentive program to entice artists
6. Samsung to begin layoffs in China, affecting one third of employees
8. Blockchain infrastructure provider Node Pacific 节点亚太 secures Pre-A funding round
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Mobile-only Markets:
1. Indonesia will impose fines on Facebook and other social platforms due to negative content
2. Burger King’s India unit looks to raise $56.6m in IPO
Cross-Border:
1. China’s Huazhu 华住集团 to buy German luxury hotel group Steigenberger for $781m
Overseas:
1. Microsoft launches Power Virtual Agents, its no-code bot builder
2. Microsoft launches the first public preview of its Fluid Framework for collaborative editing
3. Adobe launches Aero, its AR authoring app as a free-app on IOS
4. Adobe announced Photoshop Camera – an AI-powered photo editor for your phone
5. Cybersecurity company Proofpoint to acquire threat management startup ObserveIT for $225M
6. Goldman Sachs leads $50M round for credit card platform Deserve
7. MIT develops a way for autonomous delivery robots to find your front door
8. Volterra announces $50M investment to manage apps in hybrid environment
9. Canada’s RenoRun raises $17.1M Series A for its construction material delivery app
10. Los Angeles-based Boulevard has raised $11 million for its software to manage salons and spas
11. Robocorp announces $5.6M seed to bring open-source option to Robotic Process Automation (RPA)
12. Dev tool startup CTO.ai provides developer shortcuts to eliminate coding busywork
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