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CrunchWeek: Twitter's S-1, The Silk Road Shutdown, And The Rumored Amazon Phone
Oct 05, 10:00PM
So this is what CrunchWeek is like without adult supervision. Leena Rao and Colleen Taylor, the show's two regular hosts, were both out of town this week, but there was still plenty of news TechCrunch writers — specifically Greg Kumparak, Alex Wilhelm, and me — to talk about. We weighed in on the anticipation around Twitter's S-1 filing for its IPO (and what was revealed), the shutdown of anonymous Bitcoin marketplace Silk Road, and reports that Amazon is developing its own smartphones (one of them with a whopping four cameras).An AngelList Syndicates FAQ For Entrepreneurs
Oct 05, 8:00PM
Investors have been talking this past week about AngelList Syndicates and its nuances and potential implications, but mostly as it all relates to investing. Having run two of the first six Syndicates on AngelList – successfully generating over $800K in reservations and oversubscribing both in under 24 hours – I've inbounded a lot of calls and emails from entrepreneurs asking how AngelList Syndicates impacts them. Below is my personal (not AngelList official) FAQ for any entrepreneur thinking about Syndicates.Twitter Quitters And The Unfiltered Feed Problem
Oct 05, 5:27PM
At its heart, Twitter is a firehose. Everything you tweet shows up to every one of your followers. It's what makes Twitter feel like the real-time pulse of the world. But it could also be preventing Twitter from growing. Follow too many people, and you lose track of those you love and stop following anyone new.Gillmor Gang: IPOed
Oct 05, 5:00PM
The Gillmor Gang — Robert Scoble, John Taschek, Kevin Marks, Keith Teare, and Steve Gillmor — Sure, we talked about the Twitter IPO, about the Bitcoin Bust, about whether Apple is a hardware or software company, and other stuff. Looming in the background was the idea that our politics have atrophied yet more to complete decrepitude, that we could unring the bell of the election, that the collapse in Washington was nothing more than a preexisting condition.Founder Institute Says It Has Graduated More Than 1,000 Companies
Oct 05, 4:49PM
Adeo Ressi, founder of the Founder Institute startup incubator, recently told me that FI has hit a big milestone — more than 1,000 (1,003 at the time of our conversation) companies have graduated from the program. A mind-boggling number of incubators and accelerators have launched in the past few years. That seems doubly true when you remember how few there were when the Founder Institute launched four years ago. By Ressi's count, FI was one of the first three, following Y Combinator and Tech Stars.The Potential And Pitfalls Of Twitter's Mobile Business
Oct 05, 3:32PM
Twitter has millions of monthly users, growing revenue, brand awareness, a propensity for breaking news, and data ripe for mining. Adding to this, Twitter's main feed allows advertisers and media outlets to grab users' eyeballs in a time when so many are looking away from the big screens in their living rooms to the small screens in their laps. But Twitter also has a growth problem, which potentially limits the extent of what it hopes to accomplish, and the revenue it could earn.Meet The New Serfs, Same As The Old Serfs
Oct 05, 1:00PM
Once upon a time there were things called jobs, and they were well understood. People went to work for companies, in offices or in factories. There were exceptions -- artists, aristocrats, entrepeneurs -- but they were rare. Laws, regulations, and statistics were based on this assumption; but, increasingly, what people do today doesn't fit neatly into that anachronistic 1950s rubric.Google, SAP, Cisco & Samsung Among Potential Tech Buyers For Some Or All Of BlackBerry, Says Reuters
Oct 05, 12:52PM
Google, SAP and Cisco are among a number of technology companies interested in buying up portions -- or all -- of BlackBerry's business, according to Reuters, which cites several sources close to the matter. BlackBerry has also apparently asked for preliminary expressions from Intel, LG and Samsung, by early next week.Filing Says Sleep- And Health-Tracking Startup Lark Is Raising Another $3.6M
Oct 05, 12:52AM
Lark, which launched a wearable silent alarm onstage at TechCrunch's Disrupt conference back in 2010, has raised $3.1 million of an intended $3.6 million round of funding, according to a filing with the Securities and Exchange Commission. I've emailed the company and its CEO Julia Hu for confirmation, and I'll update this post if I hear back. The filing doesn't specify the investors in the new round, but intriguingly, it does identify Weili Dai, president and co-founder of Marvell, as member of its board of directors.Inside The Grace Hopper Celebration, Where Thousands Of Women Are United By Tech
Oct 04, 11:47PM
"Life changing," "amazing," and "shockingly wonderful" are not often terms that are typically used to describe industry conferences. But that's exactly how people talk about the Grace Hopper Celebration, an annual four-day event dedicated to bringing together women in computing to talk about technology and their careers.Saps Looking For Twitter Bounce Penny Stock 1,400%, Telegraph Strong Retail Interest In Its IPO
Oct 04, 10:53PM
I have all my money under a mattress in fear of a debt ceiling collapse, and people are buying stock because they think an S-1 means the company has started trading. Let's rewind: Twitter has filed to go public. Its stock symbol, when it commences trading, will be TWTR. Another firm, Tweeter Home Entertainment Group, which is out of business following bankruptcy in 2007, currently trades as TWTRQ. You can see where this is going.Pinterest Or Pintrips? Pinterest Files A Trademark Infringement Suit Against Travel Planning Startup
Oct 04, 10:11PM
Pinterest has made a point of discouraging the many social media companies that riff on Pinterest in their own brand names, with some of the more prominent of these going so far as to rebrand their services. And as for the rest? Get ready to go to court.Skype Will Finally Start Syncing Chat Messages Across Devices
Oct 04, 10:08PM
If you use Skype on your phone and desktop, you know how annoying its inability to effectively keep your chat message status in sync between different machines can be. After you start Skype on your phone, for example, it downloads and alerts you of all of the sometimes hundreds of messages you've received since you last shut it down, even though you've long seen them on your desktop. Sometimes, this also means the app will be unresponsive for quite a while (or just crash).Twitter's M&A Has Ballooned From $52.2M Last Year To Over $417.5M In 2013
Oct 04, 9:45PM
When it comes to acquisitions, it's clear that Twitter had been spending more money on acquiring technologies and talent in 2013 than in the past few years. According to the company's recently filed S-1, Twitter spent $52.2 million in cash and stock on acquisitions in 2012. In the first half of 2013, Twitter spent double that, $112.5 million on acquisitions. Note, this does not include the company's largest acquisition to date, MoPub, which was purchased in September for $305 million in stock.Ask A VC: Battery Ventures' Brian O'Malley On AngelList Syndicates And The Importance Of A Lead Investor
Oct 04, 9:35PM
In this week's episode of Ask A VC, we welcomed Battery Ventures' general partner Brian O'Malley into the studio to talk about his perspective on the latest topic du jour, AngelList Syndicates.Elon Musk Details Cause Of Tesla Model S Fire, Says It Would Have Been Worse With Gas
Oct 04, 7:53PM
Tesla CEO Elon Musk has taken to the company blog today to talk about a Tesla Model S fire that caught the attention of the news media this week. Musk says that the fire was caused by a piece of a tractor trailer which punctured the battery compartment of the car with a "peak force on the order of 25 tons."Deep Web Users Are Ready To Launch Silk Road 2.0
Oct 04, 7:50PM
In an interesting post-mortem release by the creators of the defunct anonymous marketplace Atlantis there is information that the former admins and users of the Silk Road are planning to resurrect the service. User RR writes: "We have SilkRoad v2.0 ready to launch and is now in its final testing stages. Our site has all the features of the original one and we have kept the same style of forum for your ease."Hands-On With The Kickstarted Bohemian Guitar Company's 'Oil Can' Guitars
Oct 04, 7:31PM
In order to put our money where our hype is we like to take a closer look at Kickstarter products we've talked about on the site. Today we have the Bohemian Guitar Company's "oil can" guitars, a Kickstarter project that raised $54,000 - $20K over their $32,000 goal. The company, based in Georgia, just started shipping their cleverly-designed gitfiddles and I got the chance to try one out.Today In Dystopian War Robots That Will Harvest Us For Our Organs
Oct 04, 7:12PM
Welcome to our continuing series featuring videos of robots that will, when they become autonomous, hunt us down and force us to work in the graphene factories of Mars. Below we see Wild Cat, a fully untethered remote control quadrupedal robot made by Boston Dynamics, creators of the famous Big Dog. This quadruped can run up to 16 miles an hour and features a scary-sound internal gas engine that can power it across rough terrain. Wild Cat was funded by the DARPA’s M3 program aimed at introducing flexible, usable robots into natural environments AKA introducing robotic pack animals for ground troops and build flocking, heavily armed robots that can wipe out a battlefield without putting humans in jeopardy. Next up we have ATLAS, another Boston Dynamics bot that can walk upright on rocks. Sadly ATLAS is tethered to a power source but he has perfect balance and can survive side and front hits from heavy weights – a plus if you’re built to be the shock troops of a new droid army. ATLAS can even balance on one foot while being smacked with wrecking balls, something the average human can’t do without suffering internal damage. I can’t wait for him to be able to throw cinder blocks! Finally we present these charming self-assembling robots from MIT's Computer Science and Artificial Intelligence Laboratory which we covered earlier today. The robots exert an internal force to spin and then connect with each other using magnets, allowing them to fly into the air for a second and then fall down next to their brothers and sisters in exactly the right spot. This allows these completely featureless squares to form any shape they want and, like autonomous LEGOs, they can build complex devices out of a few simple shapes. "There's a point in time when the cube is essentially flying through the air," said researcher Kyle Gilpin. "And you are depending on the magnets to bring it into alignment when it lands. That's something that's totally unique to this system." They may look innocuous but imagine these things self-assembling into, say, a wall, a door, or even a plate of explosives. They could sneak through pipes into your home and create a robotic assassin to destroy you in the sleep, thereby freeing up your “Schlafplatz” for other humans who have been reduced to sleeping out of doors after the robots took over most habitableYourMechanic Introduces Pre-Purchase Car Inspections So You Don't Buy A Lemon
Oct 04, 7:05PM
Knowing what's wrong with a car before you buy it could save you a lot of headaches down the line, and it could help you negotiate down the price of the vehicle. YourMechanic now wants to make it easier for used car purchasers to get vehicles checked out, with the launch of Pre-Purchase Car Inspections.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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