Also, Grab is adopting GrabFood into its app and Monk’s Hill has its first ever female Partner
YouTube accidentally fans the flame by sharing 9/11 info on Notre Dame fire livestream — [CNET]
While Notre Dame was burning on Monday, YouTube accidentally released a 9/11 related entry from the Encyclopedia Britannica to its live coverage of the tragedy. Netizens were quick to voice their criticism on YouTube’s loose algorithms and the company said that the algorithm, “made the wrong call”.
Some speculate that the video site’s algorithms may have misinterpreted the chaotic imagery from Paris as footage from the World Trade Center tragedy. Regardless, CNET reports that this mishap has sparked concerns over Youtube misleading viewers toward videos with fringe or extremist viewpoints.
Grab to integrate GrabFood into everyday super app — [e27]
GrabFood, Grab’s food delivery service, will soon be integrated into its everyday app and will be beta-tested in May. The test will commence in Southeast Singapore covering Kallang, Marine Parade, Geylang, and Bedok at the end of the month before being brought islandwide, the official statement of the company said.
The move comes just before GrabFood’s first anniversary in Singapore, and is a part of Grab’s everyday super app strategy. The unicorn attempts to provide the most frequently used daily services in one app.
Co-founder and former CEO of China’s Byton is abandoning ship to pursue newer startup endeavours — [TechCrunch]
Chinese electric car startup, Byton has just lost its Co-Founder, former CEO and Chairman, Carsten Breitfield “to start(ing) a new adventure within the start-up industry”, sources from TechCrunch reported.
Byton is currently on a hunt for a new CTO and is trying to close its US$500 million Series C funding amidst reports that it was losing money fast nearing the end of 2018.
Monk’s Hill Ventures appoints Michele Daoud and Justin Nguyen as its new partners — [Tech in Asia]
Monk’s Hill Ventures, a Singaporean tech venture capital firm, has just appointed Michele Daoud and Justin Nguyen to be their new partners. According to Tech In Asia. This is a double-pronged move that will help augment its deal-sourcing presence in Southeast Asia and cushion the growth of its portfolio companies.
Interestingly, Daoud is set to become the first female partner at Monk’s Hill and has previously supported a slew of startups including Ninja Van, Padlet and C88 Financial Technologies.
Nguyen is from Vietnam and already had a seat on Monk’s Hill executive board as their operating advisor since 2016. Prior to this position, he helped launch three startups in China and the US.
Cathay Sustainable PE Fund invests in Whoscall, Taiwan’s answer to Truecaller — [e27]
Taipei-based startup Gogolook, which owns and operates caller ID app Whoscall, has received an undisclosed sum in investment from Cathay Sustainable Private Equity Fund in return for 30 per cent stake.
Whoscall is not just a caller ID app that identifies unknown callers and blocks spam calls for users, but it also offers value-added services to small and micro businesses. The firm claims it can analyse a long history of data with the goal to prevent crimes by simulating call patterns of scammers, with the support of the government as well as telecom companies.
In addition, Whoscall intends to develop Internet of Things (IoT) devices which can be connected to its database of one billion, in order to protect more Whoscall users.
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