All at Sea | JOMO for 15th Feb

In today’s JOMO: A ‘Chinese’ company gets banned, about Note apps and Google shows some Flex

🗞In the news

Sea’s $16 Billion Crash Signals Trouble Beyond India Shutout - Bloomberg

Sea Ltd. lost more than $16 billion of value in its biggest daily market drop after India abruptly banned its most popular mobile gaming title. Investors are growing concerned the ban may just be the start of the company’s troubles.

Why is this important news? Sea also runs Shopee, an app that gained a lot of traction recently in India. In Nov, the Delhi HC had asked the govt its response on a PIL seeking a ban on Shopee

Zomato hits all-time low, slips below IPO issue price - ET

Analysts, though, continue to be gung-ho on the stock. A consensus recommendation of 19 analysts is ‘buy’, Refinitive database showed. Eight of them have a ‘strong buy’ rating while seven say ‘buy’. Only three analysts are bearish on the counter, while one says ‘hold’.

Staying the course?

🤑🚀Startups, funding etc

Buffett’s Berkshire bought about $1 billion worth of Activision shares before Microsoft deal - CNBC

🤩New products, features, launches 

Instagram now lets you send private Story likes - Engadget

Previously, the only way to respond to a Story was to either send the creator a direct message or an emoji reaction. In either case, your response would show in their messages inbox, thereby cluttering the interface. 

One upside of this, maybe intentional, is more engagement and hence more of a ‘rush’ for the creator to see the likes (goes without saying, it has an equal downside if those likes dont come by)

Google Messages, with RCS in tow, is now Samsung’s default messaging app in the US - 9to5Google

Small but significant move. Here’s MKBHD’s explainer on the battles between iMessage(blue bubble) and SMS in general(green bubble)

Google turns old Macs, PCs into Chromebooks with Chrome OS Flex - Ars Technica

Google is positioning Chrome OS Flex as an answer to old Mac and Windows PCs that might not be able to handle the latest version of their native OS and/or that might not be owned by folks with budgets to replace the devices. Rather than buying new hardware, consumers or IT departments could install the latest version of Chrome OS Flex.

Nice move Google. And smaart

🤔Interesting read

Notes apps are where ideas go to die. And that’s good.

Evernote to OneNote, Moleskins to Field Notes, Roam to Obsidian. We blame the tools, the techniques. Surely they’re to blame. A new app will be better.

Then we dump our newest thoughts into it, try the latest features to organize notes, until we’re back to safely forgetting things. Then the illusion gets shattered again, and we’re on to the next new thing.

Thought provoking and a nice read… We’ve all been there

😎Cool Products, websites and tools

UI Generator

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📊Poll for the day

Would you buy Zomato stock now?

Yes

Nope

Wait and watch

Curated from:

Morning Brew, Verge, Techcrunch, Techmeme, CNBC, Hacker News, Product Hunt and more