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Google acquires hot iOS & Mac e-mail app Sparrow (updated)

Google has just acquired Sparrow, a company that has gained notoriety for its innovative iOS and Mac e-mail clients. “We care a lot about how people communicate, and we did our best to provide you with the most intuitive and pleasurable mailing experience,” Sparrow CEO Dom Leca wrote on the company’s blog this morning. “Now we’re joining the Gmail team to accomplish a bigger vision — one that we think we can better achieve with Google.” Sparrow’s apps have gained a devoted and vocal fan base, thanks to their clean design and elegant functionality. The apps integrate particularly well with Gmail, so it’s not too surprising that Google was interested in snapping up Sparrow. On iOS, Sparrow filled the gap for a truly powerful Gmail client (Google released its own Gmail iOS client in November, but it had a very rough start). When it comes to Sparrow’s existing apps, we’re hearing that Google will support them with critical updates, but don’t expect any new features. Sparrow is based in Paris and has received seed funding from Kima Ventures. Terms of the deal weren’t disclosed. Update: Sources tell the Verge that Sparrow was acquired for under $25 million. Filed under: deals, mobile, VentureBeat

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Google has just acquired Sparrow, a company that has gained notoriety for its innovative iOS and Mac e-mail clients. “We care a lot about how people communicate, and we did our best to provide you with the most intuitive and pleasurable mailing experience,” Sparrow CEO Dom Leca wrote on the company’s blog this morning. “Now we’re joining the Gmail team to accomplish a bigger vision — one that we think we can better achieve with Google.” Sparrow’s apps have gained a devoted and vocal fan base, thanks to their clean design and elegant functionality. The apps integrate particularly well with Gmail, so it’s not too surprising that Google was interested in snapping up Sparrow. On iOS, Sparrow filled the gap for a truly powerful Gmail client (Google released its own Gmail iOS client in November, but it had a very rough start). When it comes to Sparrow’s existing apps, we’re hearing that Google will support them with critical updates, but don’t expect any new features. Sparrow is based in Paris and has received seed funding from Kima Ventures. Terms of the deal weren’t disclosed. Update: Sources tell the Verge that Sparrow was acquired for under $25 million. Filed under: deals, mobile, VentureBeat

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Google acquires hot iOS & Mac e-mail app Sparrow (updated)

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Myanmar

Digital Revolution and Repression in Myanmar and Thailand

Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.

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By Karen Lee

Following the February 1 coup, Myanmar’s netizens became the latest to join the #MilkTeaAlliance, an online collective of pro-democracy youth across Asia.

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Ecommerce

How will oil prices shape the Covid-19 recovery in emerging markets?

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How will oil prices shape the Covid-19 recovery in emerging markets?

– After falling significantly in 2020, oil prices have returned to pre-pandemic levels
– The rise has been driven by OPEC+ production cuts and an improving economic climate
– Higher prices are likely to support a rebound in oil-producing emerging markets
– Further virus outbreaks or increased production would pose challenges to price stability

A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.

Brent crude prices rose above $60 a barrel in early February, the first time they had exceeded pre-Covid-19 values. They have since continued to rise, going above $66 a barrel on February 24.

The ongoing increase in oil prices, which have soared by 75% since November and around 26% since the beginning of the year, marks a dramatic change from last year.

Following the closure of many national borders and the implementation of travel-related restrictions to stop the spread of the virus, demand for oil slumped globally.

In the wake of the Saudi-Russia price war in early 2020, Brent crude prices fell from around $60 a barrel in February that year to two-decade lows of $20 a barrel in late April, as supply increased and demand plummeted. The value of WTI crude – the main benchmark for oil in the US – fell to record lows of around $40 a barrel last year on the back of a lack of storage space.

While global demand for oil remains low, one factor credited with reversing the trend is the decision to make significant cuts to oil production, which subsequently tightened global supplies.

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