CHINA:
1. China approved 24 more cross-border e-commerce pilot cities and relaxed forex in FTZs
2. Chinese AI firm Megvii 旷视 cleared for $500m Hong Kong IPO
3. Alipay releases annual individual user spending data
4. Bytedance’s Douyin reaches 400 million users
5. WeChat launches new feature to tackle parking problems in Chinese cities
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MOBILE-ONLY MARKETS:
1. Indonesian media and broadcasting startup SVARA raises pre-Series A funding
CROSS-BORDER:
1. U.S. announces restrictions on AI software exports to China
2. Microsoft Research and Peking University proposes face-swapping AI and face forgery detector
3. Baidu seeks to collaborate with Indian educational institutes on AI
OVERSEAS:
1. Homeland Security warns US businesses to brace for Iranian cyberattacks
4. IBM taps blockchain to make coffee sourcing traceable
5. Amazon partners with Lamborghini, Rivian to offer Alexa voice assistant in vehicles
6. SpaceX successfully launches 60 more satellites for its Starlink broadband internet constellation
7. YouTube starts limiting ad targeting and data collection on kids content
8. HighRadius, which has developed AI-powered fintech software, raises $125M Series B
9. Data privacy startup BigID raises $50M Series D
10. Data security startup DataCloak closes $13 million Series A
11. Sequoia India, EDBI lead $4m funding in SG-based medtech startup eko.ai
12. Shenzhen-based NEV fleet logistics startup DST raises 7-digit sum in Series C1
Image Credits: technode