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Amazon's Fire HD 8 gets upgraded with better specs and Alexa, for $90
Sep 08, 1:00PM
If I were Amazon, I would definitely lead with the whole $90 bit. Granted, there are a few key upgrades to talk about here, but price point has always been a major selling point for Amazon devices (thanks in no small part to the fact that it makes most of its money on content), and it’s pretty tough to argue with a sub-$100 price point. Just under a year after receiving its last… Read More
IBM and Nvidia team up to launch a new server purpose-built for machine learning
Sep 08, 12:00PM
IBM today announced the launch of the aptly-named IBM Power Systems S822LC for High Performance Computing. Its unwieldy name betrays the fact that this is a really interesting product. Together with Nvidia, IBM built this new system specifically for artificial intelligence, machine learning and advanced analytics use cases. The new server uses two of IBM’s POWER8 CPUs and four of… Read More
Google given until September 20 to respond to EU Android antitrust charges
Sep 08, 11:27AM
Google has been given another extension to respond to European Union charges its Android mobile operating system is in breach of the region’s competition law. Read More
OfferUp raises $119 million for resale marketplace
Sep 08, 10:00AM
It’s like Craigslist, but with auctions. OfferUp is an app that makes it easy to buy and sell your goods. The fast-growing Seattle-based company is raising $119 million to continue its global expansion and continue hiring. The round is led by Warburg Pincus and includes funding from GGV Capital, Andreessen Horowitz and T. Rowe Price. OfferUp users snap a photo of their used items like… Read More
Ousta, Egypt's ride hailing app, lands a $1.25 million investment
Sep 08, 7:30AM
Five months after its March 2016 launch, Ousta, Egypt’s first local ride sharing app, has received a bridge investment of $1.25 million as it looks to challenge established industry stalwarts, Uber and Careem. Although the financing is a pittance compared to the combined might of Uber and Careem, who are both incredibly active in the Egyptian ride-sharing market, the company says it… Read More
Nextail raises $1.6M to help retailers optimize stock levels
Sep 08, 7:00AM
Nextail, a Spanish startup that has developed technology to help retailers better manage inventory levels and, ultimately, sell at higher margins, has closed $1.6 million in new funding. The round was led by Nauta Capital, with participation from existing backer Realiza. Read More
Eventbrite cofounder Kevin Hartz joins Founders Fund as partner
Sep 08, 5:15AM
Serial entrepreneur Kevin Hartz has joined the San Francisco-based early-stage venture fund Founders Fund as a partner, he revealed earlier today in a post on Medium. Hartz was most recently the co-founder and chief executive of event and ticketing startup Eventbrite. He’s the second high-profile hire that Founders Fund has made so far in 2016. Earlier this year, it also brought aboard… Read More
Crunch Report | Everything Apple 2016
Sep 08, 3:05AM
Apple held its special event in San Francisco to announce the iPhone 7 and iPhone 7 Plus, the Watch Series 2 and AirPods. It also announced that Pokemon Go will be coming to the Apple Watch and Nintendo is bringing Super Mario Brothers to the iPhone. All this on Crunch Report. Read More
Reflections on a historic few months for online video
Sep 08, 1:00AM
This has been my Summer of Video — several months when it became clear to me that we’ve reached an inflection point in the transition from linear TV to online video. Read More
Intel spins out Intel Security with TPG to form new McAfee valued at $4.2B
Sep 08, 12:26AM
Intel announced today that it has plans to spin off its security unit into a new company that will be owned in-part by private equity firm TPG. Intel will retain a 49 percent ownership stake of the entity with TPG taking the majority stake. In exchange, Intel will be receiving $3.1 billion in cash. Intel’s security unit originated from its acquisition of McAfee. The $7.68 billion… Read More
Everything you need to know from Apple's iPhone 7 event
Sep 07, 11:24PM
Apple held its annual September press conference in San Francisco on Wednesday, unveiling the iPhone 7 at long last. CEO Tim Cook took the stage (after a charming bout of Carpool Karaoke) to introduce everything new with Apple — from new iPhones to new Apple Watches. You can dig through the full coverage, or read the play-by-play of the keynote in our live blog, but here are the main… Read More
8 devices other than the iPhone 7 Plus that used dual cameras — with varying success
Sep 07, 11:14PM
The new iPhone 7 Plus is equipped with a pair of cameras where there once was only one. But while Apple’s implementation is, of course, special and unique, it’s not the first dual-camera setup by a long shot. Hell, it’s not even the first to be announced in the last 24 hours! Here are a few devices from over the years that established dual cameras as a trend — or at… Read More
Playing around with the Apple Watch Series 2
Sep 07, 10:52PM
Maybe there’s a theme emerging here — behind-the-scenes tweaks while maintaining aesthetic consistency with past generations. Like the new iPhone, the Apple Watch Series 2 is pretty much aesthetically indistinguishable from its predecessor. Heck, even the new AirPods look nearly identical to the company’s EarPods, albeit with their wires snipped off. But while the Series 2… Read More
VideoBlocks wants stock media to keep it real, launches "The Authentic Collection"
Sep 07, 10:51PM
VideoBlocks, the stock media company that gives subscribers unlimited access to its catalog of images, videos and audio clips for an annual subscription, wants stock media to look less whitewashed and more like the real deal. But no stock media marketplace can purge every image that reflects “conventional” beauty or caters to other stereotypes. (Those images have their time… Read More
Football is definitely back because Twitter now has an emoji for every NFL team
Sep 07, 10:07PM
As if Twitter’s deal to stream NFL Thursday Night Football didn’t convince you that the social network was going all-in on the NFL, maybe this will. Twitter announced today (a day before tomorrow’s NFL season opener) that they made a custom hashtag emoji for every NFL team. There is also a #TNF hashtag for Thursday Night Football that shows the NFL logo on a helmet. Like… Read More
Trying out Apple's fully wireless AirPods
Sep 07, 9:55PM
The AirPods were as close as we got to an honest-to-goodness hardware surprise at today’s big Apple event in San Francisco — though anyone who heard tell of the untimely demise of the headphone jack probably could have seen this coming. Pre-Beats, at least, headphones have traditionally been something of an afterthought for the company, as anyone whose ear canals have smarted from… Read More
Hewlett Packard Enterprise to spin off software assets in $8.8B transaction
Sep 07, 9:45PM
In an $8.8 billion transaction, Hewlett Packard Enterprise, also known as HPE, will be spinning off its non-core software assets, according to a statement from company CEO Meg Whitman. The assets will be merged with Micro Focus, a British software company, to form a new combined corporation. After separating from Hewlett-Packard last year, HPE forged a business model centered around providing… Read More
Up close with the iPhone 7 and iPhone 7 Plus
Sep 07, 9:19PM
Here we are in a post-headphone jack world. I don’t know about you, but I expected thing to feel different, like that part in the Wizard of Oz when Dorothy sees color for the first time. But there you have it. These things take time. And we’ll see whether other companies follow suit – though the company certainly has a pretty strong track record for ushering out other… Read More
Apple also doubles storage on old iPads and makes high-end iPad Pro models cheaper
Sep 07, 9:00PM
Apple hasn’t mentioned the iPad during its press conference, but it doesn’t mean that the company has no news for the device. The iPhone 7 finally starts with 32GB of storage, and the iPad is also receiving a storage bump. The 9.7-inch and 12.9-inch iPad Pros already start at 32GB, so only old iPad models are getting more gigs. In particular, the $399 iPad Air 2 now has 32GB instead… Read More
A view on VC from a realistic optimist
Sep 07, 9:00PM
During the last year there has been considerable discussion regarding the current state of the venture capital industry: Are we in a bubble? Did that bubble pop? Why has there been a dearth of major technology company IPOs? How much higher can valuations skyrocket, yet why does it seem increasingly difficult for earlier stage startups to raise their Series A and B rounds? Read More
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