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TikTok removes 500k+ accounts in Italy after DPA order to block underage users

TikTok removes 500k+ accounts in Italy after DPA order to block underage users

by sibi1 | May 13, 2021 | Uncategorized

Video sharing social network TikTok has removed more than 500,000 accounts in Italy following an intervention by the country’s data protection watchdog earlier this year ordering it to recheck the age of all Italian users and block access to any under the age of 13....
Flipkart in early talks to raise $1 billion ahead of IPO

Flipkart in early talks to raise $1 billion ahead of IPO

by sibi1 | May 11, 2021 | Uncategorized

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart in 2018,...
Is buying and selling short positions in pre-IPO stock next? This fintech startup is banking on it

Is buying and selling short positions in pre-IPO stock next? This fintech startup is banking on it

by sibi1 | May 11, 2021 | Uncategorized

Even the most sanguine industry observer has to be stunned at times by the pace of dealmaking right now. Not quite halfway through 2021, startups are routinely closing new rounds just months apart and sometimes seeing their valuations triple and even quadruple with...
Serial fiction app Radish acquired by Kakao Entertainment for $440M

Serial fiction app Radish acquired by Kakao Entertainment for $440M

by sibi1 | May 11, 2021 | Uncategorized

Serialized fiction app Radish will be acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services include its eponymous messaging platform. Radish founder Seungyoon Lee...
Toyota partners with ENEOS to explore a hydrogen-powered Woven City

Toyota partners with ENEOS to explore a hydrogen-powered Woven City

by sibi1 | May 11, 2021 | Uncategorized

Toyota has tapped Japanese company ENEOS to help develop the hydrogen fuel cell system that will power its futuristic prototype city Woven City. The vision for the 175-acre city, where people will live and work amongst all of Toyota’s projects, including its...
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