📯 This Week’s Innovation News from Monday Apr 5 to Friday Apr 9 // #2

Hey, I’m Maurice Weber. I craft this newsletter to provide you with the latest innovation news from the current week. 

📯 This week has been the first week with a Wednesday blog post. I’m curious how manageable the workload will be next week as the coming week will be much more demanding in university. Anyways, let’s dive into this week’s innovation topics.

Headline Roundup


👩🏻‍⚖️ Supreme Court rules in Google’s favor over Android software copyright dispute with Oracle (CNBC)

📴 LG Electronics to terminate smartphone business by July 31 (WSJ)

🚗 Apple CEO Tim Cook hints at the company’s work in autonomous vehicles (CNBC)

🧬 Softbank plans to lead $1.2B investment in genetic-testing provider Invitae Corp. (WSJ)

🚘 Waymo CEO John Krafcik to leave company; CTO & COO to share title of Co-Chief Executive (WSJ)


💹 Cryptocurrency market tops $2T for the first time driven by an ethereum record high (CNBC)

🤖 SoftBank invests $2.8B in AutoStore, a Norwegian robotics company specialized on storage systems (CNBC)

💡 China creates Digital Yuan, the first digital currency of a major economy (WSJ)

📲 Clubhouse partners with Stripe for in-app payments; payment receiving only for selected users (Clubhouse)

⁉ Yahoo Answers will go offline on May 4th and will not provide a comprehensive archive (TheVerge)


📈 Coinbase estimates Q1 2021 revenue to jump nine-fold to ~$1.8B; Growth driven by increased institutional interest in crypto asset class (CNBC)

💱 Signal adds support for privacy-focused crypto MobileCoin to let users send and receive money; Service starts in the UK on iOS and Android (Wired)

📊 Patreon valued at $4B after tripling valuation of $1.2B from September 2020 (WSJ)

👨🏻‍💻 Interesting Interview with Luke Stark, a researcher dealing with emotion-sensing A.I., about promises and pitfalls of the technology (OneZero)

✈ UPS to buy electric vertical takeoff and landing aircraft from Vermont-based Beta Technologies to speed up delivery times (RT)


💹 Tencent‘s largest shareholder Prosus raised $14.6B by selling ~6% of its stake to fund growth ventures and M&A activity (WSJ)

🤳🏻 Facebook‘s mashup of Clubhouse & Instagram Live, called Hotline, launches public beta testing (TC)

📶 T-Mobile launches 5G home internet services in America, priced at $60-$65 per month (TheVerge)

💧 Egyptian researches invents device that turns stagnant salt lake water into water for agriculture usage (SpringWise)

🚗 Tesla scouts for showroom space in India, expected to import and sell Model 3 by mid-2021 (RT)


💱 RobinHood reports 458% Q1 ’21 increase in crypto trading on its platform (Decrypt)

🧯 Verizon recalls 2.5M Ellipsis JetPack mobile hotspots due to fire hazard of batteries (CNBC)

📲 Samsung announces SmartTag Plus, a $40 augmented reality gadget to track lost items (cnet)

Leave a Reply