FTC ruling sees Musical.ly (TikTok) fined $5.7M for violating children’s privacy law, app Updated With Age Gate

A significant FTC ruling issued today will see video app TikTok fined $5.7 million for violating U.S. children’s privacy laws, and will impact how the app works for kids under the age of 13. In an app update being released today, all users will need to verify their age, and …

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IDC: Apple led wearables market in 2018, with 46.2M of the total 172.2M devices shipped

Apple devices continue to lead the wearables market, according to a new report from IDC out today, which claimed the Cupertino-based company shipped a total of 46.2 million wearables for the year. The firm also reported the worldwide market for wearable devices grew 31.4 percent during the fourth quarter of …

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London-based Soldo has secured an e-money license from Ireland as a hedge against ‘crazy’ Brexit

Soldo, the London-based fintech startup that offers a multi-user spending account primarily for businesses, has secured an Electronic Money Institution licence from Ireland’s Central Bank, a move the company says is designed to mitigate against the uncertainty of Brexit. The Accel-backed company is currently licensed by U.K. financial regulator the …

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Facebook won’t let you opt out of its phone number ‘look up’ setting

Users are complaining that the phone number Facebook hassled them to use to secure their account with two-factor authentication has also been associated with their user profile — which anyone can use to “look up” their profile. Worse, Facebook doesn’t give you an option to opt-out. Last year, Facebook was …

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Ubiquitilink advance means every phone is now a satellite phone

Last month I wrote about Ubiquitilink, which promised, through undisclosed means, it was on the verge of providing a sort of global satellite-based roaming service. But how, I asked? (Wait, they told me.) Turns out our phones are capable of a lot more than we think: they can reach satellites …

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NEA Is Raising Its Biggest Fund Ever – – Again

New Enterprise Associates, the 41-year-old venture firm with offices in Menlo Park; San Francisco; Boston; New York; Chevy Chase, Md.; and Washington, D.C., is raising its biggest fund ever, shows a new SEC filing that shows target of $3.6 billion. The fund, its seventeenth, is just slightly bigger than the …

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Xiaomi Announces Its First 5G Phone, The Mi Mix 3 5G

Xiaomi doesn’t want to miss the 5G bandwagon — the company just unveiled its first smartphone that comes with a 5G modem at a press conference in Barcelona. The Mi Mix 3 5G is a new variant of the Mi Mix 3, a phone that Xiaomi originally released in October …

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OneWeb’s First Six Global Internet Satellites Are Safely In Orbit

After four years and more than $2 billion in funding, OneWeb is ready to launch the first six satellites out of a planned constellation of 650 with which it plans to blanket the world in broadband. The Arianespace-operated Soyuz rocket will take off at 1:37 Pacific time from Guiana Space …

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SpaceX’s Crew Dragon Makes Its First Orbital Launch Tonight

After years of development and delays, SpaceX’s Crew Dragon is ready to launch into orbit. It’s the first commercially built and operated crewed spacecraft ever to do so, and represents in many ways the public-private partnership that could define the future of spaceflight. Launch is set for just before midnight …

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AmazonTo Open New US Grocery Chain Separate Fom Whole Foods

A report from The Wall St. Journal today claims Amazon is preparing to open a new chain of grocery stores across the U.S. that won’t be associated with Whole Foods. The retailer is expected to open the first of these stores in L.A., possibly by the end of 2019, and …

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