Friday, April 22, 2016

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Uber strikes $100M class action settlement to keep drivers independent contractors

Apr 22, 3:23AM

uber Uber’s driver vs. independent contractor debate just took a huge turn. In a blog post from Uber CEO Travis Kalanick, the company just announced that it has reached a settlement in two class-action lawsuits in California and Massachusetts. Both suits contested that Uber should be classifying its drivers as employees instead of independent contractors. And in a major win for Uber,… Read More

AstraZeneca commits 'hundreds of millions' to sequencing genomes of 2M people over 10 years

Apr 22, 1:15AM

cq5dam.web.1200.AZ1572_Equipment Pharmaceutical giant AstraZeneca today unveiled a ten-year project to sequence the genomes of two million people — with top-tier medical and tech partnerships and a nine-figure price tag. The resulting database would be the largest of its kind, and would be used to hunt rare genes that may contribute to diseases. AstraZeneca is dipping into its own stores for the first big source of… Read More

The automation revolution and the rise of the creative economy

Apr 22, 1:00AM

automatedassembly Only three main occupations were available to intrepid job seekers 10,000 years ago: hunting, gathering and procreation. Since then, the job market has advanced dramatically, developing into something not only more diverse, but also more abstract. This progress was the result of human evolution, but also human innovation — as the human race evolved, the scope of its needs changed (and so… Read More

Elon Musk has an idea for autonomous transit vehicles but he's being coy about it

Apr 22, 12:00AM

Elon Musk Elon Musk has a plan to solve the traffic crisis in our cities. A vague, secret plan. He may not actually have a plan. But he did say something out loud in public about it, and he doesn’t usually do that unless he has at least kind of a plan. Read More

The world isn't ready to face the consequences of technology's new biological breakthroughs

Apr 21, 11:30PM

dnahelix Chinese researchers have edited human embryos. The cost of doing basic synthetic biology experiments is only a few thousand dollars, for lab gear and chemicals, and it is possible to design and order up DNA sequences on the Internet. We are not ready for the consequences of these technologies. Read More

Chameleon raises $1.9M for smarter product tutorials

Apr 21, 11:04PM

chameleon Chameleon is a startup that wants to help other startups and online businesses do a better job of explaining their products to users. It announced today that it has raised $1.9 million in seed funding led by True Ventures. Co-founder and CEO Pulkit Agrawal said that for many companies “user on-boarding is really painful” — they can work really hard and spend lots of… Read More

Snapchat lets you Face-Swap with your camera roll, drops paid replays

Apr 21, 10:41PM

Snapchat Face Swap Camera Roll Snapchat is done selling you stuff. As of today’s update, every snap can be replayed once, but you can no longer buy extra replays. That means people with more money can’t break the rules of Snapchat any more. Snapchat launched $0.99 replays on top of the one free one you got per day, but along with the shut down of the Lens store that launched in November and closed in January… Read More

Medium raises another $50M

Apr 21, 10:20PM

medium-logo Medium, the online publishing platform led by Twitter co-founder Ev Williams, just announced that it has raised $50 million in Series C funding. It’s been less than a year since Medium raised a $57 million Series B, but Williams wrote that the company decided to raise additional funding “to bolster our resources now given the demand we’ve seen for the vision we are… Read More

California bill to give gig workers organizing rights stalls over antitrust concerns

Apr 21, 10:14PM

uber A controversial bill that would have given gig workers the right to collectively bargain with the tech companies they work for stalled in the California legislature today, meaning that workers will have to wait at least another year for the opportunity to bargain for higher wages, paid sick leave, and other perks. Uber drivers, TaskRabbit errand runners, Postmates couriers —… Read More

Why go Live? Facebook's head of video Fidji Simo will tell Disrupt NY

Apr 21, 9:57PM

Fidji Simo How will Facebook video change the physics of news publishing, app downloads, commerce, and what we point our phones at? Find out at TechCrunch Disrupt NY May 9th to 11th when Facebook’s head of video Fidji Simo joins us on stage for a fireside chat. By now, Facebook’s likely hit 10 billion video views per day. In a few short years, it became an 800-lb gorilla big enough to stand… Read More

To the Moon! Lunar XPRIZE team looks to send Wikipedia into space aboard homemade rover

Apr 21, 9:32PM

PTS lunar rover Quick: you can send 20 gigabytes of data to the moon. What’s it going to be? Time’s up! Wikipedia? What a coincidence — that’s what the Part-Time Scientists, a team working on a homegrown lunar rover for Google’s Lunar XPRIZE, decided too! And they’re really planning to bring Wikipedia to the Moon. Read More

Beepi lets you buy, sell and now lease a car with an app

Apr 21, 8:26PM

Lease Details from Beepi There are lots of apps that help you research prices for buying or selling a car, and they’ll even hook you up with a dealership when you’re ready to buy. But Beepi lets you buy and sell used cars in 16 metro areas in nine states without using a dealership — or a test drive — at all. “Every company starts with a group of entrepreneurs who think something is true… Read More

Microsoft's Q3 misses with EPS of $0.62, revenue in line at $22.1B

Apr 21, 8:15PM

microsoft-earnings Microsoft today announced earnings for its third financial quarter of 2016. The company reported non-GAAP revenue of $22.1 billion for the last quarter and $0.62 of adjusted earnings per share (EPS) and $0.47 GAAP EPS. Wall Street expected Microsoft to report an EPS of $0.64 on revenue of just under $22.1 billion. Microsoft’s own guidance for the quarter was for revenue to be… Read More

Alphabet slides 5% after missing earnings expectations on revenue of $20.3B

Apr 21, 8:12PM

alphabet-earnings For a split second, Alphabet was the most valuable company in the world. Not so much any more, however, with the company’s market cap continuing to slide after it reported its first-quarter earnings. Relatively speaking, shares of Alphabet are only down around 5 percent in extended trading. But for a company worth more than $500 billion, that’s erasing tens of billions of dollars… Read More

FirstBuild launches Pique, a faster cold-brew coffee maker for the home

Apr 21, 7:44PM

2693a54f-fe04-474d-980f-3069368bbe7c-thumbnail GE’s gadget-invention partner FirstBuild is launching Pique, a cold-brew coffee maker for the home. Coffee has turned from a daily routine into somewhat of an art form in the last few years, with drip makers, the French press, single-serve cups, pour-over and an endless supply of the latest hi-tech machines that will whip up any bean-flavored concoction to your liking. Note most of… Read More

Why startups can't disrupt the mortgage industry

Apr 21, 7:00PM

gatedhouse Home loans are the Holy Grail of online lending. They come with high loan balances, steady returns and hefty fees. There also is a healthy liquid market for the securitized loans, and the debt is asset backed, which reduces risk and opens up the investor pool. On top of that, “establishment” mortgage lenders are not leading the pack with innovation, which means there is a lot of… Read More

Honeyfund launches app to crowdfund your honeymoon

Apr 21, 6:49PM

Street Tango in Buenos Aires A lot of people live with the idea that life is about experiences rather than things. A firm subscriber of that philosophy is Honeyfund — a company whose new Honeyfund app helps newlyweds bankroll their honeymoon, rather than stocking their house with half a dozen different bread makers. Read More

Norwegian PEN chapter sues its country to ensure Snowden can receive Ossietzky Prize in person

Apr 21, 6:26PM

edward-snowden-nova-1024x575 The Norwegian chapter of writers’ rights organization PEN International is suing its own government in an attempt to make it safe for Edward Snowden to accept the prestigious Ossietzky Prize in person — without fear of extradition to the United States. Read More

In Europe, Ford will read the speed limit signs, prevent your speeding

Apr 21, 6:20PM

ford-edge One for those of us with a lead foot: Ford is rolling out a new Speed Limiter feature. The car uses a camera to read the speed limit signs before giving you a heads up if your velocity is making you a police-magnet. For now, the technology is only being rolled out on the company’s European line of cars, but that market is a particularly good match: There are more than 35,000 speed… Read More

Gillmor Gang LIVE 04.21.16

Apr 21, 6:09PM

Gillmor Gang Artcard Gillmor Gang – Dan Farber, Frank Radice, Keith Teare, Kevin Marks, and Steve Gillmor. LIVE recording session today at 11amPT/2pmET. Gillmor Gang LIVE chatroom during live show recording Gillmor Gang on Facebook HERE Read More

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