Reddit 2020

World News

Megvii, a China-based facial recognition focused startup, files for a Hong Kong IPO; Megvii has raised $750M, reportedly at a $4B valuation, earlier this year (Arjun Kharpal/CNBC)

Pew study: smartphone users in emerging markets have more diverse social networks than those without smartphones (Sarah Perez/TechCrunch)

Lunar Way, a Denmark-based banking app which raised €13M and expanded to Norway in February, raises €26M, says it has obtained a European banking license (Mary Loritz/EU-Startups)

Interview with Tobi Lütke, CEO of Shopify, as its market cap has surpassed eBay, and it sets its sights on Amazon, building out its own fulfillment network (Tim Bradshaw/Financial Times)

Inside PlusToken, a Ponzi scheme that collected ~$3B worth of cryptocurrencies from investors in China and SE Asia this year, and the efforts to trace the funds (Colin Harper/Bitcoin Magazine)

FireEye: China-linked hacking groups are increasingly targeting healthcare systems to obtain medical research data and the IP for medical devices (Matt Burgess/WIRED UK)

Tech Nation report: investments in UK tech startups hit a record $6.7B in the seven months of 2019, exceeding the total amount of investment in all of 2018 (Liam Tung/ZDNet)

Capacity, formerly Jane.ai, raises $13.2M Series B for its AI tech that can help companies maintain a searchable index by consolidating info from various apps (Kyle Wiggers/VentureBeat)

Ally, which makes goal-planning and execution management software for enterprises, raises $8M Series A led by Accel, bringing total raised to $11M (Taylor Soper/GeekWire)

Profile of Rodney Brooks, the Australian roboticist who in 1990 co-founded iRobot, which used to make robots for US army and is now popular for Roomba vacuums (Brian Bergstein/MIT Technology Review)

Profile of Carla Engelbrecht, the director of product innovation at Netflix, whose experiments with interactive kids programs were a precursor to Bandersnatch (Antonia Hitchens/Wired)