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Nov 09, 9:51PM
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There’s been much speculation lately about who’s behind the mysterious electric car company Faraday Future, based in Gardena, California. While some believe it to be a front for Apple’s electric car project, that isn’t likely. More definite signs point to backing from Chinese technology company LeTV. For one, chairman of LeTV Jia Yueting once compared Apple to Hitler on…
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Nov 09, 9:42PM
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On the heels of Facebook’s announcement last week that they had surpassed 8 billion daily video views, Snapchat confirmed to the FT over the weekend that users of the ephemeral messaging app were now watching 6 billion videos every day. What’s really notable about this latest reveal is how damn quickly it seems like video is taking off for Snapchat even though it’s been…
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Nov 09, 9:20PM
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In the face of rising U.S. income inequality and concerns about job loss to automation, some of Silicon Valley’s best-known names including Y Combinator’s Sam Altman have spoken up in favor of a universal basic income that would give people a baseline standard of living in an economy that may not be able to produce enough decently compensated work for everyone. A mix of…
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Nov 09, 9:18PM
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Following the bell, Rackspace announced its third-quarter financial results, including revenue of $509 million and earnings per share of $0.26. The market had expected Rackspace to report $0.20 in per-share profit off revenue of $503.08 million. Down nearly four points in regular trading, the company has swayed both positive and negative following its earnings announcement; investors, it…
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Nov 09, 9:00PM
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People often ask me how I went from building multiple companies in ad tech, music tech, data analytics and mobile advertising to being a lending fund manager. It didn’t happen overnight. In fact, it was almost a decade in the making. Here’s my story, and why I fell in love with P2P lending as an investment.
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Nov 09, 8:00PM
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We are busy and lazy, so we forget to send friends the photos we take of them. But Facebook Messenger‘s newest feature Photo Magic scans your newly taken photos with facial recognition, and immediately notifies you with an option to send pics to friends that are in them. The test is rolling out in Australia today on Android and later this week on iOS, before reaching other countries…
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Nov 09, 7:58PM
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Journalist Zak Stone recently published a gripping, thought-provoking account of his father’s death while staying at an Airbnb rental in Texas. As told by Stone, his family was staying together for Thanksgiving when his father decided to try the rope swing in the yard. The tree trunk that the swing was tied to snapped in half, “immediately ending most of his brain…
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Nov 09, 7:53PM
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Only about 6 percent of the country’s biggest cities are planning for or thinking about autonomous vehicles or self-driving cars in their long-range transportation plans, according to the National League of Cities. What’s even more surprising is that only 3 percent of these cities’ transit plans are even taking into account the impact of ride-hailing companies like Uber…
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Nov 09, 7:03PM
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Netflix, Hulu, Amazon Prime, Birchbox, Spotify, HBO NOW, newspapers, box of the month clubs, meal services, and more: The rise of subscription-based commerce means consumers now pay for a number of items on a recurring basis. But even a few dollars spent here and there have a way of adding up, and eating into your household’s budget. A new startup called Trim wants to help you…
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Nov 09, 6:35PM
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We are in the midst of a tectonic shift in enterprise technology as the cloud has an ever-growing impact on how businesses provision infrastructure and software. Established vendors used to selling copious amounts of hardware and software have been experimenting with various strategies to deal with a rapidly changing marketplace. This has taken several forms including getting bigger,…
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Nov 09, 5:22PM
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Earlier this year, Google announced its so-called Expeditions Pioneer Program. This project aims to bring Google’s Cardboard VR viewer to students by bringing a full kit of gear for using virtual reality in the classroom to schools. Google started rolling this program out to select schools in September and now it’s ready to expand this program to more schools in the U.S., with…
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Nov 09, 5:05PM
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Twitch, the Amazon-owned video game streaming site, stumbled into an incredible source of new traffic when it kicked off the launch of its “Twitch Creative,” section at the end of last month with the debut of an all-episodes marathon of Bob Ross‘ “The Joy of Painting.” Yes, the “happy little trees” guy. The channel was an immediate success, and…
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Nov 09, 4:56PM
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Another software company has filed to go public: Atlassian, the company behind enterprise-focused social products like Slack competitor HipChat, JIRA, and Confluence, has filed an F-1 form with the SEC to go public on NASDAQ under the ticker “TEAM”, with the initial public offering expected to raise around $250 million. A draft registration was originally submitted…
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Nov 09, 4:23PM
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Tag Heuer has just officially announced their new luxury smart watch called the Carrera Connected. The company’s CEO Jean-Claude Biver let slip a few details of the watch this morning, in an interview with Le Matin, saying that it will go for $1,500 and have “almost the same functionality” of the Apple Watch. The smart watch, which has a dumb counterpart in the Tag Heuer…
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Nov 09, 4:23PM
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The beauty of GoPro cameras come from their versatility. They can be mounted nearly anywhere in countless positions. But that often takes time. This little device solves that problem. Meet Slopes. The concept is simple: Drop a GoPro camera in the mount and position it as needed. There are 20 different ways to point the camera. Best of all, there’s no fuss or mess. Traditionally, GoPro…
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Nov 09, 4:15PM
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H2O is an open source platform for data scientists and developers who need a fast machine learning engine for their applications. H2O.ai, the company behind the service, today announced that it has raised a $20 million Series B funding round led by Paxion Capital Partners (the new firm of GoPro board member Michael Marks) and existing investors Nexus Venture Partners and Transamerica. New…
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Nov 09, 4:08PM
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The iPad helped introduce the concept of interactive books, where stories are accompanied by games and other tappable animations to complement their tales. But a company called Hullabalu offers a twist. Instead of digital stories with interactive bits, kids advance the story’s progress by interacting with the world and playing with the characters. Now the company has raised an…
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Nov 09, 4:00PM
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“Fintech” is one of this year’s most ubiquitous buzzwords; it has spawned any number of colorful infographics about the future of finance and banking. Some of these are merely a collection of logos, while others represent a more structured attempt to classify this new generation of players taking on financial services. All, however, convey the same idea: Tech is coming for…
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Nov 09, 3:07PM
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Deliv is announcing the acquisition of another same-day delivery service, Zipments. Headquartered in Menlo Park, Calif., Deliv works with retailers like Best Buy and Macy’s, as well as startups like BloomThat and Laundry Locker, to offer delivery through a network of independent contractors. Founder and CEO Daphne Carmeli said this allows retailers to move into same-day delivery and…
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Nov 09, 2:51PM
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Google says today it’s making the machine learning technology that powers a number of its products, including Google Photos search, speech recognition in the Google app, and the newly launched “Smart Reply” feature for its email app Inbox. Called TensorFlow, the technology helps makes apps smarter, and Google says it’s far more powerful than its first-generation…
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