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Amazon's online grocery delivery service hits Dallas
Oct 12, 2:11PM
Amazon may be experimenting with how to take on grocery stores via its own drive-in pick-up locations, but in the meantime, the company is still working to expand its online grocery shopping service, AmazonFresh. Following the recent price drop to $14.99/month for Prime members – a more palatable charge than the earlier $299/year, AmazonFresh has today set up shop in Dallas, Texas and… Read More
Samsung's Galaxy Note 7 refund program rolls out to Australia and parts of Asia
Oct 12, 1:40PM
It would be one thing if the Galaxy Note 7 was just a middling phone. But it was a legitimately great one. And one that, by all accounts, sold pretty well. The handset made its way into a lot of hands in the less than two months that it was actually on sale. But a long, drawn out process involving two recalls is enough to sour anyone’s feelings toward a device. And now the time has come… Read More
Estonia's Funderbeam is building a blockchain-based "stock exchange" for startups
Oct 12, 1:03PM
Headed up by Kaidi Ruusalepp, who was previously CEO of the Nasdaq Tallinn stock exchange, Estonia’s Funderbeam is on a mission to build what she calls a “funding and trading engine for growth companies”. Read More
FreedomPop enters JV with Dish to launch free mobile services in Mexico
Oct 12, 1:03PM
FreedomPop — the U.S. startup that has built a mobile operation based around free basic voice and data services — today announced its newest international market, along with a strategic partnership to help tackle it. The company is going to launch services in Mexico, and it is doing so in a strategic partnership with Dish Mexico, a satellite-based pay-TV and internet provider… Read More
The 5 finalists for ZTE's crowdsourcing competition range from the bizarre to the banal
Oct 12, 1:00PM
I’ll admit that I was a touch underwhelmed when I first heard about ZTE’s Project CSX campaign. And while I stand by my initial assertion that the whole thing is a big marketing promotion for the Chinese smartphone maker, the program is a bit more interesting that I’d first believed. Turns out that for the company, crowdfunding a smartphone means more than just fielding… Read More
AI accountability needs action now, say UK MPs
Oct 12, 12:56PM
A UK parliamentary committee has urged the government to act proactively — and to act now — to tackle “a host of social, ethical and legal questions” arising from the rise of autonomous technologies such as artificial intelligence. Read More
The creator of Atari has launched a new VR company called Modal VR
Oct 12, 12:32PM
So Nolan Bushnell, the founder of Atari and Chuck E. Cheese, is launching a new virtual reality company called Modal VR, along with Jason Crawford (who invented the Modal tech and serves as the company’s chief executive) and that’s super cool. But (more importantly to me) I played human Pong in virtual reality at the Machinima studios using Modal’s gear and that was… Read More
Full speed ahead for transport VCs
Oct 12, 11:30AM
Transportation investment has moved into the fast lane. Venture and growth investing in transport-related companies accelerated in the third quarter, fueled by momentum in the autonomous driving and ride-hailing spaces, as well as the prospect of big acquisitions. VCs and seed investors poured more than $6.2 billion into more than 150 companies across the globe with transportation-related… Read More
MEL Science raises $2.5 million to put a VR twist on chemistry sets
Oct 12, 11:30AM
Remember those old school chemistry sets that came in a cardboard box with a bunch of vials, plastic beakers, safety glasses and a booklet full of instructions for different experiments? London startup MEL Science is putting a high-tech twist on them, with virtual reality and augmented reality content that takes kids on a virtual tour inside a chemical reaction, right after they conduct an… Read More
Serverless raises $3M to help developers go serverless
Oct 12, 11:30AM
Serverless offers developers an open source framework that allows them to more easily write applications for platform like AWS Lambda and — in the near future — Microsoft’s Azure Functions and Google’s Cloud Functions. The company today announced that its framework is now out of beta and that it has raised a $3 million seed round led by Trinity Ventures. The… Read More
Here's how The White House wants the U.S. to approach AI R&D
Oct 12, 11:00AM
A pair of lengthy reports from the White House show that the administration is well aware of both the opportunities provided by and the obstacles holding back artificial intelligence. Its summary of the state of the art and dozens of recommendations for researchers and the government itself is well worth a read — but just in case, here are our highlights from the papers. Read More
Noodle Partners raises $4 million to help colleges deliver degrees online
Oct 12, 10:50AM
Noodle Partners Inc., a new education venture from the founder of The Princeton Review and 2U Inc., John Katzman, has raised $4 million in venture funding to help colleges and universities deliver high-quality certificate and degree programs online. Philadelphia-based Osage Venture Partners led the investment in Noodle Partners and was joined by New Markets Venture Partners, 500 Startups… Read More
Yandex woos smartphone makers with AI, browser and launcher partnership programs
Oct 12, 10:10AM
After successfully bringing a high-profile antitrust case against Google in Russia over bundling services with the Android OS, the country’s national search giant Yandex is trying to take its competitiveness in mobile up another notch. To grow its business outside of its current core market of Russia, the company launched a new partnership program to work with smartphone handset… Read More
Microsoft starts selling its HoloLens in Germany, France, UK, Ireland, Australia and New Zealand
Oct 12, 10:00AM
HoloLens, Microsoft’s $3,000 mixed-reality goggles (or “the world’s first self-contained holographic computer” in Microsoft’s parlance), was only available in the U.S. and Canada so far. Today, however, the company announced that it will also start selling the devices in Australia, France, Germany, Ireland, New Zealand and the United Kingdom. Preorders start today… Read More
Amazon Music Unlimited debuts with discounts for Prime members, cheap "Echo-only" plan
Oct 12, 7:01AM
Rumors have been swirling around Amazon’s plans to launch its own, standalone music streaming service, and now those reports have been proven out: the company is today announcing the launch of Amazon Music Unlimited. This new, on-demand streaming service offers access to tens of millions of songs, and is available for $7.99 per month for Prime members, or $9.99 per month for… Read More
Hooch raises $1.5M to expand its drink a day subscription cocktail app
Oct 12, 4:38AM
Hooch, a subscription-based drink startup we’ve covered before has raised $1.5M in new funding, bringing total funds raised to $2.7M. All of the investors in this round were considered strategic by the startup, and include celebrities like Russell Simmons, Shaun White and Chris Burch. As a refresher, the app charges $9.99 per month for the ability to claim one “free”… Read More
Crunch Report | Obama wants to go to Mars by the 2030s
Oct 12, 3:03AM
Obama wants Americans to go to Mars by the 2030s, Google acquires FameBit, a new report from The Wall Street Journal hints at Amazon opening grocery stores, Navya gets closer to building an autonomous shuttle and Greylock closes its 15th fund. All this on Crunch Report. Read More
Why the top entrepreneurs are seeking corporate venture money
Oct 12, 3:00AM
The role of corporate venture capital in the venture ecosystem has never been more visible or impactful than it is right now. For entrepreneurs, this evolution and increased competition in the venture funding landscape means more potential sources for backing and greater emphasis on what assistance each can bring to the table to help get their company to the next level. Read More
DroneDeploy launches a directory for professional drone operators
Oct 12, 12:37AM
DroneDeploy wants businesses to be able to find a drone services provider as easily as anyone can find a place to eat dinner, anywhere in the world. So today, the company unveiled a new free Drone Mapping Directory. Take, for example, a real estate developer who needs a finely detailed map of land where it may soon build a giant, corporate campus. Instead of buying drones equipped to scan… Read More
Is machine learning sexist?
Oct 12, 12:00AM
We’ve been hearing a lot about diversity and inclusion recently. One of the areas that people are excited about is applying machine learning to eliminate bias. Done right, this can be a huge boost supporting our efforts to go beyond bias across all areas of the organization. But there are potential pitfalls; if not done right, machine learning can actually make your business more biased. Read More
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