Chinaccelerator Daily Digest 4/17/2019

Overseas:

1. Microsoft turned down facial-recognition sales on human rights concerns

2. Apple and Qualcomm end their legal beef and drop lawsuits

3. Walmart partners with subscription-based children’s clothing startup, Kidbox

4. Netflix Posts Another Strong Subscriber Growth Quarter With Nearly 150 Million Global Subscribers

5. Waymo launches robotaxi app on Google Play

6. Sila Nano’s battery tech is now worth over $1 billion with Daimler partnership and $170 million investment

7. Salesforce ‘acquires’ Salesforce.org for $300M in a wider refocus on the nonprofit sector

8. Brex, the credit card for startups, raises $100M debt round

9. Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution

10. Logistics startup Zencargo raises $20M to take on the antiquated business of freight forwarding

11. Leapwork raises $10M for its easy process automation platform, plans US expansion

12.  Tackling the $190 billion physical therapy market, Sword Health raises $8 million from Khosla Ventures

China:

1. Huawei has secured 40 commercial contracts for 5G mobile networks

2. Alibaba will let you find restaurants and order food with voice in a car

3. Tencent is planning to develop its own gaming phone 

4. JD.Com to Provide New Retail Tech Including Big Data to China Pet Foods

5. Kuaishou 快手 launches research institute to better serve rural users

6. Douyin 抖音 officially announced the launch of the “non-legacy partner” program

7. Ping An 平安 unit closes infrastructure fund with $758m in commitments

8. Fighting fitness chain brand 24KiCK won nearly 10 million Pre-A round financing

9. Automated driving technology company Nullmax 纽劢科技 completes Pre-A round industry financing

10. Security software provider 360 Security Technology Inc launching AI-powered solutions to ease home problems

Cross-border:

1. Intel acquires UK’s Omnitek to double down on FPGA solutions for video and AI applications

2. TheLorry raises funding from Unilever, plans to scale Southeast Asia

3. Eight Roads arm invests $4.5m in Indian mutual fund platform Kuvera

Mobile:

1. Intel says to exit 5G smartphone modem business

Emerging Market:

1. RHL Ventures launches US$24.3M sector-agnostic fund to invest in Malaysian startups, SMEs

2. Caller ID app Whoscall receives investment from Cathay Sustainable PE Fund, in return for 30% stake

Cover picture credits to TechNode.