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Oct 08, 1:00PM
Oh, Yahoo. We’re not just mad at you. We’re also really, really disappointed. First it took you two years to figure out that you were hacked by a nation-state. Then you allowed another nation-state — the US government — to scan all of your user’s emails … using a buggy Linux kernel module … without ever telling your security team. Seriously, Yahoo? Read More
Government's refusal to recognize the rise of independent contractors is hurting the economy
Oct 08, 11:30AM
The workforce of the 21st century has been changing for years. Government, only recently perceiving the movement from a traditional workforce to an independent contractor model, is stifling innovation and hurting workers in the process. From Boston to Seattle, we are seeing a myriad of impulsive efforts to regulate everything from how an individual may use their vehicle to whom they allow… Read More
Crunch Report | Verizon wants $1 billion discount on Yahoo deal
Oct 08, 3:40AM
Verizon wants a $1 billion discount on the Yahoo deal, Facebook launches a standalone Events app, Poland is testing some roads that glow blue at night for cyclists, carriers are accepting Note 7 replacement trade-ins and Maserati is working on an electric vehicle. All this on Crunch Report. Read More
Online food delivery still presents a $210B market opportunity
Oct 08, 3:00AM
I wrote last year about the broad, secular shift to online food ordering, and the significant capital inflows into the space that we were seeing. Fast-forward a year, and we’re now looking at a very different funding environment: international inflows of capital to the food delivery category dropped 69 percent in Q1 ’16, and then dropped another 49 percent in Q2 ’16. Read More
Google shuts down Panoramio
Oct 08, 12:57AM
Panoramio, the location-centric photo sharing service Google acquired in 2007, will show its last image on November 4. For the longest time, Google used Panoramio to augment its Google Maps and Google Earth services with crowdsourced imagery. Now that the company has integrated photo uploads into the Google Maps mobile apps and launched its Local Guides program, Panoramio clearly isn’t… Read More
Determining the worth of your SaaS company
Oct 07, 11:00PM
The opaque, confusing and highly volatile practice of valuing a private SaaS business is frustrating for entrepreneurs and investors alike. Furthermore, the lack of transparency adds a tremendous amount of friction to a capital raise or the sale of a company. The reality is, it’s not all that hard to get a quick read on your SaaS company’s valuation. Read More
Google researchers aim to prevent AIs from discriminating
Oct 07, 10:34PM
Garbage in, garbage out — that’s always been a rule of computing, and machine learning systems are no exception. These elementary AIs only know what we tell them, and if that data carries a bias of any kind, so too will the system trained on it. Google is looking to avoid such awkward and potentially serious situations systematically with a method it calls “Equality of… Read More
Netflix's theater deal is a small step for subscriber growth and a big leap toward an Oscar
Oct 07, 9:48PM
Netflix announced a new theater distribution deal with iPic Entertainment, a theater chain with 15 locations throughout the country. The deal will put 10 Netflix original films (a substantial portion of Netflix’s original films this year) in iPic’s New York and Los Angeles theaters. Getting their content into theaters around the country is a smart move by Netflix, for more reasons… Read More
Snapchat launches post-roll ads, Story Playlist that loads favorites in bulk
Oct 07, 9:00PM
Snapchat is fighting back against Instagram Stories, which rocketed to 100 million daily users by spotlighting the cloned feature atop the feed. To make Snapchat more “friends first,” it’s moving friends’ Stories above Discover where they used to be to make sure you don’t miss people you care about. And to make it easier to watch all your favorites… Read More
Mophie's charging case is a no-brainer for wireless earbud owners
Oct 07, 8:46PM
Being synonymous with a particular product category is a mixed blessing. Mophie is undoubtedly the best-known name in the battery case business, but the company has been keen to distance itself from the space a bit — or, at the very least, let it be known that it has more to offer the world. Mophie released a whole bunch of new power banks a few weeks back. Necessary, sure, but… Read More
U.S. officially attributes DNC hack to Russia
Oct 07, 8:16PM
The Department of Homeland Security and the Office of the Director of National Intelligence confirmed today what cybersecurity companies have asserted since emails from Democratic National Committee employees leaked online over the summer: State-sponsored Russian hackers are responsible for the breach. “The U.S. Intelligence Community is confident that the Russian government directed… Read More
New Lab is a new home for hardware startups in Brooklyn's Navy Yard
Oct 07, 8:01PM
New Lab, which co-founder David Belt described as “a collaborative workspace” for companies in fields like robotics and artificial intelligence, officially opened last month. The facility is located in Brooklyn’s Navy Yard, in a building that was once used to assemble ships. Belt said he wanted to bring the building back as a manufacturing center, except updated for… Read More
Wheego and Valeo get California road driverless testing permits
Oct 07, 7:43PM
Self-driving car testing in California is becoming a badge of progress for companies working in the space. Only 17 companies in total have the honor, including two just added to the list: Wheego Electric Cars and Valeo North America. The Wall Street Journal reports that both of these new companies now have approval to run tests with a single vehicle each and four drivers per team. That might… Read More
GitHub is raising a secondary round
Oct 07, 7:29PM
We’re hearing from several sources that a secondary financing round is in the works for GitHub, following its last $250 million financing round that valued it at $2 billion in July last year. However, there’s a little bit of interesting chatter beyond that they’re raising a secondary for potential liquidation of investors or employees, we hear. There are two parts to the… Read More
Weekly Roundup: Snapchat's IPO agenda, Google's new hardware and RIP Meerkat
Oct 07, 7:12PM
This week, Google revealed new hardware, Facebook outlined its plans for the company’s future in VR and we paid our respects to Meerkat. Read More
Bumble bans mirror selfies and other dumb photos from users' profiles
Oct 07, 6:59PM
There are certain kinds of photos users of dating apps tend to loathe, and the suggestive mirror selfie tends to be at the top of that list, somewhere near photos of guys holding a fish and gym selfies. That’s why today, the dating app Bumble has taken action to ban selfies of users posing in their underwear, or while wearing swimsuits indoors. In addition, you can no longer upload… Read More
Maserati is targeting 2020 for a production EV
Oct 07, 6:44PM
The electric vehicle bandwagon has long left the station thanks to Tesla, but Maserati still wants to get on board. The high-end carmaker might be behind the curve when it comes to announcing its electric vehicle plans, but it’s looking like the Fiat-Chrysler-owned company will manage to ship a fully electric car by 2020, with something to show off in the 2019 timeframe. The Maserati… Read More
It takes more than a village
Oct 07, 6:00PM
Where there is wireless connectivity, there is a way to improve lives. That’s why countless mobile-for-development programs designed to address health, education and economic issues have been flooding Africa. Hailed as the “mobile continent,” Africa has generated $150 billion through the mobile ecosystem. But not every tech-for-good initiative can be M-PESA, the mobile… Read More
Carriers are offering replacements for Note 7 replacements in wake of latest incident
Oct 07, 5:39PM
Exploding phones are really bad PR. But when one of the post-recall replacement reportedly starts to spontaneously smoke inside a customer’s pocket on a plane, you’ve got a veritable code red disaster on your hands. In light of that most recent story, customers are becoming understandably wary about their Galaxy Note 7 devices, even as Samsung cheerily noted high retention… Read More
Rinspeed's Oasis self-driving car concept is living space on wheels
Oct 07, 5:24PM
Self-driving cars of the future won’t need to be configured on the inside the way they are now, since things like steering columns won’t be required. Electric drive trains will also help maximize available interior space, so it makes sense that cars will look dramatically different inside and out when the two things combine, as they seem inevitably on track to do. The new… Read More
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