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Jon Russell / TechCrunch: China-based Didi Chuxing launches in Mexico in its first organic international expansion, following acquisition route into Brazil and franchise model in Taiwan  —  China's ride-sharing leader Didi Chuxing has continued its global march after it officially launched in Mexico, expanding its battle with Uber to a new front.

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Reuters: Around 40 Chinese mutual funds have adjusted the valuation of ZTE in their portfolios, some by 20-30%, since it suspended trading following US trade sanctions  —  SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp (000063.SZ) (0763.HK) after the United States banned American companies …

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Jon Russell / TechCrunch: Gaming hardware maker Razer doubles down on Southeast Asia and payments with announcement of deal to acquire MOL Global, after investing $20M in MOL last year  —  Gaming hardware maker Razer, which went public in a big IPO in Hong Kong last year, is doubling down on payments after it announced …

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Nour Al Ali / Bloomberg: Middle Eastern ride-hailing app Careem says 14M users' names, email addresses, phone numbers, and trip data was stolen in cyberattack; it became aware on Jan 14  —  Customers' names, email, phone number and trip data stolen  —  The platform has over 20 million users, according to website

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Wall Street Journal: Sources: SoftBank and Alphabet funds are investing in Chinese truck-hailing firm Manbang's latest round, which will likely fetch $1.9B+ and value firm at $6B+  —  Deal marks Alphabet fund's first investment in China since 2014  —  Japan's SoftBank Group Corp. 9984 -1.17% …

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Aoife White / Bloomberg: Apple's acquisition of Shazam faces extended EU probe as antitrust regulators worry that Apple might halt Shazam referrals and use Shazam data to hamper rivals  —  EU says concerned Apple could use Shazam data to hamper rivals  —  Probe also looking whether Apple could halt Shazam referrals

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Arjun Kharpal / CNBC: Data of 14M customers and drivers of Middle Eastern ride-hailing service Careem has been stolen in a cyberattack which company became aware of on January 14  —  - Careem, the Middle East rival to Uber, had the data of its 14 million customers and drivers stolen in a cyberattack, the company said on Monday.

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Taylor Soper / GeekWire: Glowforge raises $10M in new funding from existing investors Foundry Group and True Ventures and starts selling its $2,495 3D laser printer  —  Glowforge has raised more investment dollars as the Seattle startup starts selling its 3D laser printer to the general public and continues …

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Wall Street Journal: Sources: as Tencent Music prepares for a potential H2 2018 IPO, recent private deals have valued the firm at $25B+, double the $12.5B valuation of late 2017  —  It would be the fourth-biggest U.S.-listed tech IPO on record  —  Tencent Music Entertainment Group, China's largest music-streaming company …

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Alex Sword / eurocomms.com: Vodafone exec: company now serves 65M IoT connections, including 14.4M connected vehicles and 5M medical devices, generating~€235M in Q4 2017, up 18.8% YoY  —  The claim that connectivity is a commodity has existed in the mobile industry for some time and has recently extended itself to the Internet of Things.

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Bloomberg: Sources: Amazon is working on a domestic robot codenamed Vesta that can navigate inside homes like a driverless car  —  Prototypes can navigate from room to room like driverless cars  —  Company hopes to start testing bots in homes later this year  —  Ten years ago, Amazon introduced …

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Nicholas Megaw / Financial Times: TransferWise becomes first non-bank firm to get direct access to Bank of England's interbank payment systems to process payments without intermediary banks  —  TransferWise has become the first fintech group to gain direct access to the Bank of England's interbank payment systems …

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Iris Deng / South China Morning Post: Pear Video, Chinese online platform for short videos, raises $98.2M Series A led by Tencent and Baidu  —  Pear Video, which counts People's Daily publicly traded unit as an early investor, raised 617 million yuan (US$98.2 million) in its Series A funding round, led by Tencent and Baidu.

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Ryan Duffy / The Verge: Profile of CrowdSource Rescue, a service created by two friends during Hurricane Harvey, that helped coordinate thousands of rescues during subsequent disasters  —  Meet CrowdSource Rescue, a passion project that grew into something much larger  —  Matthew Marchetti was among thousands …

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posted 3 days ago on techmeme
Mark Mulligan / Music Industry Blog: At $7.4B, streaming revenue was 43% of all recorded music revenues in 2017; revenue for artists selling directly via platforms like Bandcamp grew 27.2% YoY  —  2017 was a stellar year for the recorded music business.  Global recorded music revenues reached $17.4 billion in 2017 in trade values …

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Lily Hay Newman / Wired: Avast outlines how hackers hid a backdoor in its PC cleanup tool CCleaner, which tainted ~2.27M downloads in 2017, as part of a targeted attack on tech firms  —  IN SEPTEMBER, SECURITY researchers at Cisco Talos and Morphisec made a worst nightmare-type disclosure: the ubiquitous computer …

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Reuters: Iran's central bank bans the country's banks from dealing in cryptocurrencies over money-laundering concerns, as the country tries to halt a currency crisis  —  DUBAI (Reuters) - Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin …

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Nathaniel Popper / New York Times: Gary Gensler, CFTC's head from 2009 to 2014, thinks Ethereum and Ripple's respective currencies may have been issued and traded in violation of securities laws  —  SAN FRANCISCO — Gary Gensler was one of the top financial regulators in the Obama administration, the finance chief …

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Issie Lapowsky / Wired: A look at the E-rate program that's intended to subsidize broadband expansion to rural schools but mired in red tape under FCC, blocking access to 750K students  —  WOODMAN SCHOOL IS a tiny, whitewashed schoolhouse lodged in a remote clearing in Montana's Lolo National Forest.

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Ryan Mac / BuzzFeed: In interview Kogan admits he broke Facebook's ToS but his app was within norms, says he worked on 10+ papers with Pete Fleming, now Instagram's head of research  —  Aleksandr Kogan, the Cambridge University academic whose app has set off the firestorm about online user data, says he's considering suing Facebook.

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Tim Cushing / Techdirt: 12th District Court of Appeals strikes down Texas law that made disclosing “revenge porn” unlawful, ruling it violates the First Amendment  —  from the do-it-right-or-you-might-as-well-not- do-it-at-all dept  —  Texas attorney Mark Bennett — instrumental in getting an unconstitutional …

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Ingrid Lunden / TechCrunch: Google confirms some of its services, including Google Search, Gmail, and Android push notifications, continue to suffer outages in Russia amid Telegram ban  —  A shower of paper airplanes darted through the skies of Moscow and other towns in Russia today, as users answered the call …

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Reuters: Amazon India head Amit Agarwal expects groceries and consumables to be more than half of company's business in the country in the next five years  —  BENGALURU (Reuters) - Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years …

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Symeon Brown / The Guardian: How Instagram influencers portray themselves as self-made wealthy traders to build up affiliate marketing schemes, often targeting teens  —  Their hero is Jordan Belfort, their social media feeds display super-rich lifestyles.  But what are these self-styled traders really selling?  By Symeon Brown

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Christopher Mims / Wall Street Journal: A look at the many ways Google harvests user info via Gmail, apps on devices, its Analytics service, more; Google likely knows more about us than Facebook  —  Google gathers more personal data than Facebook does, by almost every measure—so why aren't we talking about it?

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