ShareChat in talks with Sequoia, others to raise up to $200 million: Sources

Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to $200 million, which could value the company at over $1 billion, three sources aware of the matter told Reuters. ShareChat has appointed JPMorgan to advise on the new fund raising which it expects to complete […]

Google’s $2.1 billion Fitbit deal hits roadblock as EU opens probe

Alphabet unit Google’s bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle as EU antitrust regulators launched an investigation into the $2.1 billion deal. The move by the European Commission came despite Google’s pledge last month not to use the fitness tracker’s data for advertising purposes […]

US to act on TikTok, other Chinese apps in coming days: White House

The United States will take action in coming days on the popular short-video app TikTok and other Chinese apps, White House spokeswoman Kayleigh McEnany told reporters at a briefing, but gave no other details. “He and Secretary (of State) Pompeo have said the U.S. will take action in coming days on Chinese apps including TikTok […]

India steps up vigil for cyberattacks from China after apps ban

The government has increased a nationwide alert and stepped up monitoring as intelligence agencies prepare for intensified cybersecurity attacks from China. Cybersecurity experts said India’s ban on 59 Chinese apps was only the start and there will be greater scrutiny of companies, device makers and apps with exposure to China, which can trigger retaliatory attacks. […]

Samsung launches UV sterilizer for your smartphone and other gadgets

South Korean electronics brand Samsung has launched a UV steriliser for smartphones and other accessories. Priced at Rs 3,599, Samsung says that the device can be used to disinfect Galaxy smartphones, Galaxy Buds and smartwatch, among others in just 10 minutes. The steriliser box comes with dual UV lights that can disinfect the top and […]

Amazon, Flipkart and others must label ‘country of origin’ at earliest: Government

Bengaluru/New Delhi: The department for promotion of industry and internal trade (DPIIT) has told e-commerce players like Amazon India and Flipkart to start displaying ‘country of origin’ for new listings of products on their platforms, and rectify existing ones “at the earliest possible”. This decision, which comes amid a border conflict with China in Ladakh, […]

Google wants you to follow these steps to stop the spread of coronavirus

“Wear a face cover…Wash your hands…Keep a safe distance,” reads the Google webpage. It also shares preventive measures that one can take. These steps include: Clean your hands often. Use soap and water, or an alcohol-based hand rub. Maintain a safe distance from anyone who is coughing or sneezing. Wear a mask when physical distancing […]

Find COVID-19 authorised testing centre using Google: Here’s how

Google is working with the Indian Council of Medical Research (ICMR) and MyGov to provide users with information on authorised testing labs across major cities in India. While the testing centre details and location will be shown by Google, note that you just cannot walk into any centre for testing. A doctor’s referral is required […]

How two professors leading Oxford University’s coronavirus trial and Chinese tech giant Huawei could profit if the experimental jab is proven to work

OSI has raised £600m in four years from 70 shareholders, including Temasek Holdings, which is owned by the Singapore government, GV, an investment firm owned by Google, the Chinese drugmaker Fosun Pharma, and the Wellcome Trust, a research charity based in London. 

VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 4

Ministries with good growth in disbursing public investment were the Ministry of Transport, 8.34 trillion VND, equivalent to 41.6 percent of the plan for the full year and up 91.7 percent against the same period last year. The Ministry of Health disbursed a sum worth 2.3 trillion VND, 34.7 percent of the target and up […]