China’s co-working giant and WeWork’s fiercest rival in this area has acquired its seventh company this year.Ucommune finalized the acquisition with co-working space Fountown (方糖小镇), our sister site is reporting (in Chinese).The company is already Asia’s largest coworking entity.Under the agreement, Ucommune will be fully merged with Fountown’s 26 co-working spaces in Shanghai and Beijing.Beijing-based investment firm CEC Capital served as the exclusive financial advisor to Ucommune on this acquisition deal.Ucommune—which rebranded from UrWork following a legal battle with WeWork over a “confusingly similar” name—was founded in 2015.
There’s a four-year-old bug in the Secure Shell implementation known as libssh that makes it trivial for just about anyone to gain unfettered administrative control of a vulnerable server.While the authentication-bypass flaw represents a major security hole that should be patched immediately, it wasn’t immediately clear what sites or devices were vulnerable since neither the widely used OpenSSH nor Github’s implementation of libssh was affected.macOS bug lets you log in as admin with no password requiredThe vulnerability, which was introduced in libssh version 0.6 released in 2014 makes it possible to log in by presenting a server with a SSH2_MSG_USERAUTH_SUCCESS message rather than the SSH2_MSG_USERAUTH_REQUEST message the server was expecting, according to an advisory published Tuesday.Exploits are the hacking equivalent of a Jedi mind trick, in which an adversary uses the Force to influence or confuse weaker-minded opponents.The last time the world saw an authentication-bypass bug with such serious consequences and requiring so little effort was 11 months ago, when Apple’s macOS let people log in as admin without entering a password.
To comply with an antitrust decision by the European Union, Google no longer requires Android phone makers to give Google apps preferential treatment.Following a crackdown by regulators in Europe, Google said Tuesday ina blog post that it will no longer require EU-based mobile-device makers that use Android to accept a bundle of the company's apps.The downside for device manufacturers is that Google for the first time will now charge for many of its most popular apps.Google said that it plans to introduce a new "paid licensing agreement" for smartphones and tablets that use its software and are shipped to the European market.The blog post did not specify which Google software it would sell when the licensing program takes effect on October 29.The move marks a major change for Google, which has built a $780 billion company almost entirely by giving its products away for free and selling advertising.
Mercedes-Benz has discovered a power-steering problem with its highly touted Sprinter vans.This has impacted Amazon, which recently became Daimler AG's biggest Sprinter buyer with an order of 20,000 Prime-branded Sprinter vans for its last-mile delivery program.Amazon had previously ordered 5,000 vans.One Amazon delivery service provider discovered the power-steering problem in about a quarter of its Mercedes-Benz vans, according to an employee of the courier company who asked to remain anonymous.Mercedes-Benz has identified a power-steering problem plaguing its highly touted Sprinter vans.This has impacted Amazon, which recently became Daimler AG's biggest buyer of Mercedes-Benz Sprinter vans with an order of 20,000 vehicles — up from a previous order of 5,000 vans — for its growing last-mile delivery program.
The way OEMs ship Android on devices in Europe will be quite different going forward, as Google explains in a new blog post.Google is revamping its requirements for pre-installed Google services on Android to comply with new regulations.As of now, the changes will only affect Europe, and it’s not quite clear how it will affect the consumer-level experience.Google published a blog post today explaining some important upcoming changes to the business model of Android when it comes to the European Economic Area (EEA).The changes are in response to a nearly $5 billion fine levied at Google by the European Commission.This means the pre-installation and priority status of Android applications like Google Search, Gmail, Google Maps, the Google Play Store, etc., will no longer be required.
Huawei is announcing new products at an event in London.Huawei Mate 20 Pro: The company's newest flagship phone is an Android handset with a 6.39-inch 3,120x1,440 AMOLED display.And it can even wirelessly charge devices and phones.It also offers expandable storage in the form of a new "namomemory card," a flash memory format that's the size of a nano-SIM.The standard Mate 20 has tiny teardrop notch, a less muscular camera array (albeit still three rear lenses) and the fingerprint reader moves from inside the screen to the back of the phone.The company will also offer the jumbo-sized Mate 20 X, with a whopping 7.2-inch screen and 5,000mAh battery.
Google became the latest name in a long list of high-profile companies to drop out of an investment conference in Saudi Arabia late last night, amid building criticism of the state's handling of a missing journalist.A well-known critic of Saudi Arabia's policies, US resident and Washington Post journalist Jamal Khashoggi was last seen entering the Saudi consulate in Istanbul on 2 October.Turkish sources have suggested that Khashoggi was killed inside the building.Google Cloud chief executive Diane Greene will no longer be attending the Future Investment Initiative conference in Riyadh next week, the company said in a statement provided to Reuters.No reason was given for the change in decision.Greene's withdrawal follows a number of business leaders pulling out of the conference, including the bosses of JP Morgan, Ford, Blackstone and Blackrock.
Coinbase, one of the most prominent cryptocurrency exchanges, has announced plans to open an office in Ireland's capital, Dublin.The announcement is part of the company's contingency planning for a no-deal Brexit."As we plan for all eventualities, it’s important that we continue servicing our customers across Europe, and Ireland would be our preferred choice there if it comes to it," UK CEO Zeeshan Feroz said.Coinbase, one of the most prominent cryptocurrency exchanges, has announced plans to open an office in Ireland's capital, Dublin, as it makes contingency plans for Brexit.The exchange says it is opening the Dublin office partly to serve rising demand from the European Union, but also as a means of ensuring it can keep all of its operations going in the event of no deal being reached between Britain and the EU during Brexit talks."To begin with we’re housing a significant support team there, and we’re looking to capitalise on the talent pool that’s available to us in Ireland and hire other folks," Zeeshan Feroz, Coinbase's UK CEO told The Guardian.
Yet much of the news coverage has focused on the fact that she’s only the third female physicist to receive the award, after Marie Curie in 1903 and Maria Goeppert-Mayer 60 years later.Bias is most intense in fields that are predominantly male, where women lack a critical mass of representation and are often viewed as tokens or outsiders.For the past several decades, efforts to improve the representation of women in STEM fields have focused on countering these stereotypes with educational reforms and individual programs that can increase the number of girls entering and staying in what’s been called the STEM pipeline – the path from K-12 to college to postgraduate training.In addition to issues related to the gender pay gap, the structure of academic science often makes it difficult for women to get ahead in the workplace and to balance work and life commitments.The strictures of the tenure-track process can make maintaining work-life balance, responding to family obligations, and having children or taking family leave difficult, if not impossible.Women often are excluded from networking opportunities and social events and left to feel they’re outside the culture of the lab, the academic department and the field.
Tired of seeing heaps of rental bikes piling up on the sidewalk and blocking traffic, the Chinese city of Foshan wants to punish inconsiderate bike riders through the local social credit system.Users of ofo, Mobike, and other bike rental platforms that park their bicycles disorderly will be blacklisted with offenders registered at the city’s public credit information management system, according to the guidelines draft published by the Foshan local government on October 15.The blacklist will be provided to the local authorities by the bike rental companies themselves in order to “promote the construction of a personal credit system,” Southern Metropolis Daily reports.The city now hosts 400,000 shared bicycles on its roads and like many Chinese cities, it has been struggling with the influx of bikes and poor parking manners since the rise of the bike rental trend.Mobike introduced an internal credit score in February which charges renters who misuse their bikes up to RMB 100 for 30 minutes of cycling.However, bike rental platforms seem reluctant to punish users over parking violations as they still compete for market share.
One day early that fall, I saw a gangly, freckle-faced eighth grader edging his way into the crowd around the Teletype, all arms and legs and nervous energy.The following is an edited excerpt from Idea Man: A Memoir by the Cofounder of Microsoft by Paul Allen.The excerpt is provided by Portfolio Publishing.You can buy a copy here.Rather than make programming a formal part of the math curriculum, Lakeside school offered it as an independent study option.We were lightly supervised by Fred Wright, a young math teacher who’d taken a summer course in punch card programming at Stanford.
India is on a roll: the number of investment deals in Indian startups increased from 216 in 2012 to 965 in 2016, according to CB Insights.And despite a dip in deal numbers in 2017, funding amounts rose by 48 percent, reaching a total of US$5.7 billion.Apart from foreign investors, local venture capitalists are funding startups in India.Below is a list of the 10 most active Indian investors in 2018.The data for this list was compiled from Tech in Asia‘s database, based on the number of investments these investors have made so far.
We now have a tiny teaser to get excited for what HBO is doing with Watchmen.The Watchmen Instagram has made its first post to tease HBO's upcoming adaptation of Alan Moore and Dave Gibbons' graphic novel of the same name.The teaser image, technically video, zooms in slightly when you play it.Who the man (or woman) is, isn't clear.He wears a yellow mask and looks to be wearing a police hat, but there's no other hint at his identity.Damon Lindelof, a comic book writer himself who you'll know as the joint showrunner of Lost, is going to bring those same talents to the latest adaptation of Watchmen, which follows Zack Snyder's film from 2009.
And when it’s not silencing them, it might be incentivizing them to behave badly, or basely, he said.It’s the question he and his whole team are asking themselves right now—about every aspect of the site “Right now we have a big Like button with a heart on it and we’re incentivizing people to want it to go up” and to get more followers, he pointed out.How do we incentive healthy conversation?”When he co-founded the website 12 years ago, it was meant as a place for friends to share pictures of their lunch.“Now it’s become a place to launch nuclear war,” said Wired editor in chief Nick Thompson.That evolution, from innocuous late-night destination for cryptic jokes to lubricator of social movements to a cesspool of outrage and the platform for geopolitical discourse was not a result of Twitter’s code, Dorsey’s argued.
It seems going offline by setting up or working with retail stores is a popular move by internet startups these days.Singapore-headquartered Honestbee, an on-demand service providing food, groceries, and laundry, will be opening its own dining and retail concept store in the city-state on October 18.Called Habitat by Honestbee, the “tech-enabled” store is a five-minute walk from Mapletree Business City, a major tech hub containing the offices of Google, Samsung, and the government’s Info-communications Media Development Authority.It has a variety of food stalls and an event space, and promises a cashless and queueless experience.For the rest, a system of robots and conveyor belts handle the sorting and packing.It’s also an R lab and a platform for its retail and F partners to have an inexpensive physical presence.
Susan Wojcicki has a difficult job.As CEO of YouTube, she leads one of Alphabet’s biggest money makers and most popular platforms.But the company she helms is very different than the YouTube that launched in 2005, when the mission was “Broadcast Yourself.” In recent years, and particularly since the 2016 election in the US, the service has found itself teeming with trolls and bad information.“It’s really valuable, but we have to marry that with responsibility.”Part of taking responsibility meant hiring content moderators, some 10,000 of them, to help remove the videos that violate YouTube’s community guidelines.In the second quarter of this year, the company, using a mix of those moderators and AI, removed 10 million videos that violated the guidelines; nearly 75 percent were removed without a single view.
Paul Allen, who with Bill Gates founded Microsoft, has died at the age of 65.His death comes shortly after he resumed treatment for non-Hodgkin's lymphoma; the cancer had returned after being in remission for nine years.The two kept in touch at university—Allen at Washington State, Gates at Harvard—and when Allen dropped out in 1975 to start a company to develop software for the MITS Altair 8800, he soon convinced Gates to follow.That company was Micro-Soft, which shed its hyphen the following year.In 1980, Microsoft was chosen by IBM to develop DOS for its new PC.Allen had his first run-in with cancer in 1982, when he was diagnosed with Hodgkins lymphoma and drastically cut back his work at the company while recovering.
Gobi Partners has established a US$10 million venture fund dedicated to investing in early-stage startups in Indonesia.Named Gobi-Agung Fund, the vehicle will make investments of up to US$1 million per ticket.It has already done its first deal, backing Fastwork – a freelancer platform founded by Silicon Valley alumni that has seen 1,100 percent revenue growth since December last year and employs more than 50 people across Indonesia and Thailand.Another Silicon Valley veteran is heading up the new fund.Arya Masagung joined Gobi Partners as venture partner earlier this year.Previously, he co-founded US-based transportation startup Ebby and worked in business development at online marketplace Verlocal.
Competitive "Fortnite" continues to grow with in-game tournaments and esports events."Fortnite: Battle Royale" is adding tournaments to its roster of in-game events.Tournaments will have different formats spanning several days; players earn points based on performance and will be matched up with others at their skill level as the tournament progresses."Fortnite" developer Epic Games eventually plans to use the tournament mode to award prizes and help players qualify for more exclusive competitions.Epic Games has committed $100 million in funding for "Fortnite" competitions during the 2018-19 season.According to developer Epic Games, tournaments will be open to all players and will eventually be used to award prizes to top players and help them qualify for future "Fortnite" esports events.
SendGrid, which went public in November 2017 with a market cap around $725 million, will soon join Twilio at valuation around $2 billion.SendGridTwilio, which makes communication tools for websites, is acquiring SendGrid.SendGrid, an email marketing platform, went public in November 2017.Twilio's acquisition, which is all-stock, values SendGrid around $2 billion.That's a premium over the $1.43 billion at which SendGrid was valued at the closing bell.The transaction, which was announced Monday, is expected to close in the first half of 2019.