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Walmart partners with fashion consignment marketplace thredUP – TechCrunch

Walmart is continuing its foray into fashion e-commerce, announcing a strategic partnership with fashion resale marketplace thredUP to list a large number of the items on Walmart’s digital storefront.

With this partnership over 750,000 items from thredUP will be available on walmart.com/thredup, starting today.

Notably, only clothing items and shoes marked as “new” or “like new” will be listed, though accessories and handbags marked as “gently used” will also be available, Walmart says. The companies didn’t share details of the partnership’s revenue share model.

ThredUP’s marketplace, which bills itself as the web’s largest consignment and thrift store, allows people to buy and sell secondhand women’s and children’s apparel. Rather than simply connecting sellers with buyers, sellers send a bunch of items directly to thredUP which then inspects them and returns ones they don’t want and photographs and lists the items they do on its marketplace. When an item sells,

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China’s food delivery giant Meituan hits $100B valuation amid pandemic – TechCrunch

Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion.

The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation. Tencent and Alibaba respectively topped the number back in 2013 and 2014.

Tencent-backed Meituan saw shares rally to HK$138 ($17.8) on Tuesday after it earmarked a smaller-than-projected decrease in revenue during Q1 and a net loss of 1.58 billion yuan ($220 million) after three consecutive profitable quarters.

While nationwide lockdowns might have increased the need for food delivery, Chinese consumers have been tightening their belt amid a worsening economy triggered by COVID-19. Overall food delivery transactions slid as a result. Meituan also had to pay incentives to delivery riders who work during the pandemic and subsidies to merchants to keep their heads above the water.

There’s one silver

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A massive database of 8 billion Thai internet records leaks – TechCrunch

Thailand’s largest cell network AIS has pulled a database offline that was spilling billions of real-time internet records on millions of Thai internet users.

Security researcher Justin Paine said in a blog post that he found the database, containing DNS queries and Netflow data, on the internet without a password. With access to this database, Paine said that anyone could “quickly paint a picture” about what an internet user (or their household) does in real-time.

Paine alerted AIS to the open database on May 13. But after not hearing back for a week, Paine reported the apparent security lapse to Thailand’s national computer emergency response team, known as ThaiCERT, which contacted AIS about the open database.

The database was inaccessible a short time later.

It’s not known who owns the database. Paine told TechCrunch that the kind of records found in the database can only come from someone who’s able

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Hackers release a new jailbreak that unlocks every iPhone – TechCrunch

A renowned iPhone hacking team has released a new “jailbreak” tool that unlocks every iPhone, even the most recent models running the latest iOS 13.5.

For as long as Apple has kept up its “walled garden” approach to iPhones by only allowing apps and customizations that it approves, hackers have tried to break free from what they call the “jail,” hence the name “jailbreak.” Hackers do this by finding a previously undisclosed vulnerability in iOS that break through some of the many restrictions that Apple puts in place to prevent access to the underlying software. Apple says it does this for security. But jailbreakers say breaking through those restrictions allows them to customize their iPhones more than they would otherwise, in a way that most Android users are already accustomed to.

The jailbreak, released by the unc0ver team, supports all iPhones that run iOS 11 and above, including up

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‘Fallout Shelter’ joins Tesla arcade in latest software update – TechCrunch

Nearly a year ago, Todd Howard, the director of Bethesda Games, said that the company’s “Fallout Shelter” game would be coming to Tesla displays. It arrived, via the 2020.20 software update, this week, which was first noted at driver’s platform Teslascope.

Fallout Shelter is the latest — and one of the more modern games — to join Tesla’s Arcade, an in-car feature that lets drivers play video games while the vehicle is parked. It joins 2048, Atari’s Super Breakout, Cuphead, Stardew Valley, Missile Command, Asteroids, Lunar Lander and Centipede. The arcade also includes a newly improved (meaning more difficult) backgammon game as well as chess.

The 2020.20 software update that adds the game, along with a few other improvements, hasn’t reached all Tesla vehicles yet, including the Model 3 in this reporter’s driveway (that vehicle has the prior 2020.16.2.1 update, which includes improvements to backgammon and a

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KKR to invest $1.5 billion in India’s Reliance Jio Platforms – TechCrunch

Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major deal the top Indian telecom operator has secured in just as many weeks.

On Friday, KKR announced it will invest $1.5 billion in the top Indian telecom operator, a subsidiary of India’s most valued firm (Reliance Industries), joining fellow American investors Facebook, Silver Lake, Vista Equity Partners, and General Atlantic that have made similar bets on Jio Platforms.

The investment from KKR, which has written checks to about 20 tech companies including ByteDance and GoJek in the past four decades, values Reliance Jio Platforms at $65 billion.

The announcement today further shows the appeal of Jio Platforms, which has raised $10.35 billion in the past month by selling about 17% of its stake, to foreign investors that are looking for a slice of

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