CHINA:
1 Baidu Research Launches New AI Tool Creating Videos from URLs
3 Tencent Rolls Out Updated Anti-Addiction System to 21 More Mobile Titles
4 Huawei, China’s mobile carriers bring 5G communications to Mount Everest
5 Huawei reports meagre revenue growth in first quarter as coronavirus, US sanctions take a toll
7 Alibaba-backed SaaS developer Raycloud 光云 seeks to raise $61m in STAR Market
8 VC-backed biotech company New Horizon Health 诺辉健康 snags over $20m
9 Innovative camera provider Insta360 影石 raises over $10m in Series D
10 FPGA based image processing accelerator CTAccel 联捷科技 completed new round in Series A+
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MOBILE-ONLY MARKETS:
1 Indian online food platform Swiggy to lay off 500 people from cloud kitchens amid virus outbreak
2 Indian fintech platform YAP raises $4.5m led by SG-based VC firm BEENEXT
CROSS-BORDER:
1 Alphabet’s Loon deploys internet connectivity balloons to Kenya for first commercial service launch
2 Facebook agreed to censor posts after Vietnam turned off local servers
3 Facebook looks to partner with Indonesia’s e-payment platforms to improve financial services
4 Facebook announces $5.7b investment in India’s Reliance Jio
5 Activist investor ValueAct builds over $1.1b stake in Nintendo
6 Equinix, Singapore fund GIC ink $1b JV to invest in data centres in Japan
7 Indian fintech platform YAP raises $4.5m led by Singapore-based VC firm BEENEXT
8 Singapore-based PE firm Chartered Group, Israeli defence ministry jointly launch $500m tech fund
OVERSEAS:
1 Houston Methodist Tech Hub Creates Early Telemedicine Training Venue for COVID-19
2 AWS and Facebook launch an open-source model server for PyTorch
3 Apple expands App Store, Music, iCloud and other services to dozens of additional markets
4 Sonos launches Sonos Radio, a free streaming radio service including artist and genre stations
5 Netflix beats growth predictions with 15.77M net new subscribers
6 GM exits car-sharing business and shuts down Maven
7 Porsche to produce a cheaper version of its all-electric Taycan
8 Event-streaming tech startup Confluent Gets $250M In Series E Round To Reach $4.5B Valuation
9 London-based Blue Prism raises over $120 million to bolster its robotic process automation suite
10 ForgeRock Raises $93.5M For AI-Powered Digital Identity Management, Eyes IPO
11 Marketing data platform Adverity raises $30M Series C led by Sapphire Ventures
12 London’s Moshi Raises $12M To Grow Its Kids’ Audio Sleep & Mindfulness App
Image Credits: e27