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Carvana raises a $160M Series C to expand its online dealership and car vending machines nationwide
Aug 10, 10:00AM
The used car industry is an interesting business. The market is huge – 45 million used cars are bought each year in the U.S. But the biggest player, CarMax, only controls about 2% of the market – but is still valued at about $12 billion by Wall Street. So that makes the market not only ripe for disruption, but also extremely lucrative. Carvana is a used car dealer that thinks… Read More
Sony will likely unveil the PlayStation 4 'Neo' on September 7
Aug 10, 9:25AM
September 7 is going to be a busy day. Sony sent out invites for a press event in New York. The company will likely unveil the successor to the PlayStation 4. On the same day, Apple could also hold its usual iPhone launch event for the rumored iPhone 7. The event is called “PlayStation Meeting,” and the company plans to “share details about the PlayStation business.”… Read More
Netflix launches iOS and Android apps for its internet speed test service
Aug 10, 5:43AM
Netflix began helping its users test their internet connection for streaming speeds in May when it introduced Fast.com. Now it is bringing that service to mobile with the launch of apps for iOS and Android, as first spotted by 9to5Mac. Read More
Interactions nabs $56 million to improve your automated customer service experience
Aug 10, 4:01AM
As the world turns, customer service seems to evolve much more slowly than most all other services. The problems that induce more hair-pulling and teeth-gnashing than solutions only seeming to be further abstracted by bad tech and the customer is these days left hanging up the phone after cussing out a robot. For how much effort has been paid to stepping up the subpar quality of Siri and… Read More
Crunch Report | Facebook will bypass Adblockers
Aug 10, 3:00AM
Coffiest — a mixture of coffee and caffeine — is the newest offering from Soylent, Facebook will bypass adblockers but give users an option to opt out of some advertising, NES classic edition will save game play (hooray!), Amazon is testing new pilot episodes on Twitch, and NASA builds its own HDR camera. All this on Crunch Report. Read More
For the ambitious ed tech company AltSchool, it's time for phase two
Aug 10, 1:41AM
Much has been written about the ambitions of AltSchool, a San Francisco-based startup that’s aiming to change the way that school children learn. Its big idea, broadly, is that personalized learning is far more effective than the standardized education that most students are stuck with today. As important, personalized learning is scalable, believes AltSchool, which operates seven… Read More
Sometimes the most qualified applicant is not the most obvious
Aug 10, 1:00AM
Hundreds of thousands of jobs that require both business and technical skills are open in the U.S., which means it’s likely your company is hiring for an important member of your team. But if you are relying on typical tried-and-true measures to find candidates, there are many potential great fits with the right skills that won’t even make it past the initial screening process. Read More
Only a few days left to save $1,000 on Disrupt SF tickets
Aug 10, 12:00AM
Disrupt SF 2016 is right around the corner, and time is running out to get tickets to the hottest startup show in the Bay Area for the lowest possible price. You have just four days left to snag early-bird tickets to Disrupt for $1,995 apiece, a full $1,000 less than what it will cost you when early-bird ticket sales end on Friday. Head over to our ticketing page and get your deeply… Read More
Yelp tops 2Q expectations, announces partnership with Nowait and names Jed Nachman as COO
Aug 09, 11:36PM
Following the bell today, Yelp reported a strong second quarter 2016 financial performance that made the stock soar almost 11 percent in after-hours trading. Yelp’s earnings release included better-than-expected revenue of $173.4 million and non-GAAP earnings per share of $0.16. As part of the earnings release, Yelp made two additional announcements. First, the company said it… Read More
Instagram castrated Snapchat like Facebook neutered Twitter
Aug 09, 11:09PM
This is the strategy behind Instagram Stories. Snapchat invented a brilliant format for sharing day-to-day life: photo and video slideshows jazzed up with commentary that disappear after 24 hours so you’ll share an unpolished window into what you see. It quickly eclipsed the popularity of Snapchat’s 10-second exploding private messages, and made the app grow to 150 million daily… Read More
NanoRacks' commercial space testing platform outside the ISS is now open for business
Aug 09, 10:09PM
Say you’ve got an experiment or prototype satellite that you want to expose to the ravages of space. Sure, you could launch it with a bunch of others, but what if you need it back afterwards? NanoRacks has you covered. Read More
Can chatbots help build your next website?
Aug 09, 10:00PM
Small businesses have their pick of affordable DIY website-building platforms. But these “no coding skills required” platforms struggle to acquire and retain customers. While the UI is often beautifully designed, it’s still too much work — and for business owners, who has the time? A fresh crop of startups is putting the power of design and development back into the… Read More
Disney will invest $1B into MLB's streaming video business
Aug 09, 8:48PM
The Walt Disney Company just announced that it’s paying $1 billion for a 33 percent stake in BAMTech, the video streaming company created by Major League Baseball. As a result of the deal, BAMTech is also spinning out of MLB’s broader digital media business, MLB Advanced Media. BAMTech’s clients aren’t limited to baseball (they include HBO Now, the National Hockey… Read More
Auto manufacturers need stable startup partners
Aug 09, 8:28PM
TU-Automotive, which analyzes the future of the connected, autonomous car, recently hosted a webinar focused on the relationship between automotive manufacturers and startups. SK Kim, venture capitalist and manager at Hyundai Ventures, and Liz Kerton, executive director of the Autotech Council, laid out the challenges of mashing together a century-old industry with nimble new companies. As… Read More
Intel buys deep learning startup Nervana Systems for a reported $350 million
Aug 09, 8:25PM
Intel announced Tuesday that it is acquiring deep learning startup Nervana Systems in a move that looks to bolster the role of AI solutions within the company. Recode reports that the price tag of the deal is north of $350 million, adding to what has been a pretty active (to put it mildly) last few weeks in tech M&A. In a blog post, Nervana CEO and co-founder Naveen Rao specified that… Read More
Apple releases its 5th developer betas, bringing new app Swift Playgrounds to iOS
Aug 09, 8:21PM
Good news, Apple developers – Apple today has released its 5th version of the iOS 10 beta build along with new betas for watchOS 3, macOS, and tvOS. With this release, we’re getting closer to the final, public build of iOS – it’s likely that there will only be one or two more betas before its release expected in September. While the first few betas were buggy, as… Read More
First round of Disrupt SF Hackathon tickets now available
Aug 09, 8:00PM
The wait is over, hackathon fans. With Disrupt SF 2016 right around the corner, we thought it was high time we released the first wave of tickets to the Disrupt SF Hackathon. The hackathon takes place September 10-11 at Pier 48 in San Francisco. Those of you looking to spend the weekend before Disrupt hard at work coding, tinkering and hacking together something pretty awesome can get your… Read More
No Man's Sky is an immersive wonder for solitary wanderers
Aug 09, 7:56PM
I crested a ledge and saw the ship I’d left a couple of hours ago sitting exactly where I’d left it, but from above, making it look small and almost insignificant among the colorful alien landscape. When I set out, it seemed like the center of a game world mostly bounded by a cave mouth and small clearing; when I came back, it was the fly on the back of which microscopic me… Read More
Fossil's new Android Wear smartwatches are up for pre-order
Aug 09, 7:30PM
Like many of its old school watch brethren, Fossil wasn’t exactly in a hurry to embrace the world of connected wearables – after all, when you make watches, you think you’ve got all the time in the world. Late last year, the company went all in, with a slew of new devices (not mention a Misfits purchase along the way), including an Android Wear smartwatch, a sort of combo… Read More
Robotic legs could power up physical therapy for kids with cerebral palsy
Aug 09, 7:22PM
Kids suffering from cerebral palsy may soon have a powerful new physical therapy technique in the form of robotic assistance for their legs. A study is being conducted on the potential benefits of the system, newly adapted for the use of children. Read More
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