Canada’s True North conference is not your typical tech event

From the venue and the flashy event website, Waterloo, Ontario’s True North conference (in its second year) doesn’t seem all that distinct from a laundry list of other major tech events that take place each year across North America. But from the moment its main stage programming kicked off on the first day, it was […]

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Xiaomi’s latest products for Russia include its smart TVs and flagship Mi 9T

Xiaomi, best known for its smartphones, is making serious inroads into Russia as it launched a collection of products in the country where some 145 million people live. That includes its smart TVs featuring 700,000 hours of content, smart wristbands, wireless earbuds, and flagship phone Mi 9T, which is identical to its recently announced Redmi […]

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Huawei says US ban will cost it $30B in lost revenue

Following a string of trade restrictions from the U.S., China’s telecoms equipment and smartphone maker Huawei expects its revenues to drop $30 billion below forecast over the next two years, founder and chief executive Ren Zhengfei said Monday during a panel discussion at the company’s Shenzhen headquarters. Huawei’s production will slow down in the next […]

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Report: Huawei expects international smartphone shipments to plummet

A month after being placed on a trade blacklist by the Trump administration, Huawei is reportedly steadying itself for international shipments of its smartphones to decline by 40% to 60%. According to a report in Bloomberg, Huawei may end up pulling shipments of the Honor 20, its flagship phone for overseas markets, if sales are […]

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Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz . The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has […]

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As payment and surveillance technologies collide, free speech could be a victim

Anyone who has traveled to Hong Kong knows how ubiquitous the Octopus Card is. Distributed by a company which is majority owned by the Hong Kong government, the cards are used to pay for everything from public transit to groceries, to Starbucks coffee. It’s an incredible payment solution that’s used by almost everyone in the […]

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Card readers at electric vehicle charging stations will weaken security, researchers say

Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that researchers say would weaken their security. Most electric vehicle (EV) charging stations rely solely on a credit card linked to an app or through contactless payments with RFID-enabled credit cards or through a […]

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Step raises $22.5M led by Stripe to build no-fee banking services for teens

The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open accounts, make deposits, pay for things, and ask for loans: you can now do all of these on the go by […]

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China grants first 5G licenses amid Huawei global setback

It’s official. After much anticipation, China named the first companies to receive 5G licenses for commercial use on Thursday. The announcement from the Ministry of Industry and Information Technology, the country’s telecoms authority, came as Huawei, the Chinese company that captured nearly 30% of the world’s telecom gear revenues in 2018, faces mounting scrutiny in […]

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The Stanford connections behind Latin America’s multi-billion dollar startup renaissance

The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel engines, and smoggy air of South America’s major metropolises as one can get. But it was in one of those houses, about […]

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