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Today in News: Starbucks has more users than Apple and Android, Amazon told not to help police

4500 job openings with the keywords “blockchain,” “bitcoin” or “cryptocurrency” were posted in LinkedIn


Today in News: Starbucks has more users than Apple and Android, Amazon told not to help police | BEAMSTART News

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💡 Today in News are brief headline updates by the BEAM team of what's happening in the business, finance, and technology space around the world (as well as in China). Download the BEAM App📲 to get curated news like these from over 100 sources.

🌎 Around the World

  1. Amazon was asked to stop selling facial recognition technology to police
  2. Starbucks’s mobile payment is popular in US - it has more users than Apple’s and Google’s
  3. Google stands to lose up to $4.3 billion in UK privacy suit which presents 4.4 Million users.
  4. Nokia phone licensee HMD raises $100 million to drive growth push
  5. California toy mogul Isaac Larian (MGA Entertainment founder and CEO) gives up on bid to buy hundreds of Toys R Us stores
  6. Facebook is teaming up with Qualcomm to work on high-speed wireless internet
  7. SoftBank has agreed to sell its entire 21% stake in Flipkart to Walmart


🇨🇳 China

  1. Tik Tok抖音 claimed that some of their videos on Tencent video were blocked.
  2. Several Chinese groups, including Huarong Asset Management, have been in discussions to buy Ingram Micro from HNA Group
  3. Ctrip net revenue increased 11% year-on-year to RMB6.7 billion (US$1.1 billion) in Q1 2018
  4. DiDi plans to go public in Hong Kong with estimated value USD 70 billion - 80 billion in the second half year of 2018.
  5. Baidu divests its global DU business to further sharpen its AI focus https://www.chinamoneynetwork.com/2018/05/22/baidu-divests-its-global-du-business-to-further-sharpen-its-ai-focus
  6. Microsoft held the first AI Conference in Beijing.
  7. Huami 华米 2018 Q1 revenues reached RMB585.9 million (US$93.4 million), representing an increase of 77.0% from the first quarter of 2017.
  8. Good Fresh有好生鲜 (New Retail platform for fresh food) raised 10 million RMB in Angel Round.
  9. aihuizhongyi.com 爱汇健康 raised 50 million RMB in A+ round
  10. FCoin announced that they got investment from TOP VC, including Dana Capital, node Capital etc.
  11.  Xiaomi is entering France market and authorizes iHealthLabs Europe S.A. (A Tianjin company) to open the store in Paris.
  12.  Mobike announced that they would look to grow to 10-12 cities in India over the next 18 months


Blockchain

  1. UCOMMUNE 优客工场 partnered with Astar to build up a blockchain research institution in co-working industry.
  2. Tingwen Blockchain 听闻区块链 raised RMB 8 million, who claims to be another ximalaya FM in blockchain industry.
  3. According to LinkedIn, Some 4500 job openings with the terms “blockchain,” “bitcoin” or “cryptocurrency” in the title were posted on LinkedIn this year through mid-May. That is up 151% over the total in all of 2017.


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