Day: April 8, 2021

A senior Apple engineer compared App Store’s defenses against malicious actors to “bringing a plastic butter knife to a gunfight”, according to legal documents (Patrick McGee/Financial Times)

Patrick McGee / Financial Times:A senior Apple engineer compared App Store’s defenses against malicious actors to “bringing a plastic butter knife to a gunfight”, according to legal documents  —  Revelation part of legal documents released by Epic Games ahead of antitrust trial Source: http://www.techmeme.com/210408/p40#a210408p40

Amazon offers a rare insight into its Indian business over the past decade: $3B of Indian-made goods exported, 1M+ local jobs created, and 250,000 new sellers (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg:Amazon offers a rare insight into its Indian business over the past decade: $3B of Indian-made goods exported, 1M+ local jobs created, and 250,000 new sellers  —  – It says helped create a million jobs, fuel $3 billion exports  — Amazon is battling Walmart’s Flipkart in a crucial market Source: http://www.techmeme.com/210408/p36#a210408p36

OneTrust, which offers enterprise compliance tools, raises $210M Series C extension led by SoftBank’s Vision Fund 2, bringing its total raised to $920M (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat:OneTrust, which offers enterprise compliance tools, raises $210M Series C extension led by SoftBank’s Vision Fund 2, bringing its total raised to $920M  —  Join GamesBeat Summit 2021 this April 28-29.  Register for a free or VIP pass today.  —  OneTrust, a privacy and marketing, security … Source: http://www.techmeme.com/210408/p26#a210408p26

China-based online grocery delivery service Dingdong Maicai raises $700M Series D; Dingdong Maicai was reportedly valued at $2B after raising $300M in May 2020 (Kelsey Cheng/Pandaily)

Kelsey Cheng / Pandaily:China-based online grocery delivery service Dingdong Maicai raises $700M Series D; Dingdong Maicai was reportedly valued at $2B after raising $300M in May 2020  —  Chinese grocery platform Dingdong Maicai has raised $700 million in a series D round of financing co-led by investment firms DST Global … Source: http://www.techmeme.com/210408/p4#a210408p4

Indian social media startup ShareChat raises $502M from investors including Tiger Global, Snap, and Twitter, at a valuation of $2.1B, and says it has 160M MAUs (Madhumita Murgia/Financial Times)

Madhumita Murgia / Financial Times:Indian social media startup ShareChat raises $502M from investors including Tiger Global, Snap, and Twitter, at a valuation of $2.1B, and says it has 160M MAUs  —  Indian social media company raised $500m for short-video app Moj  —  Indian social media firm ShareChat has raised more than half … Source: http://www.techmeme.com/210408/p2#a210408p2