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Crunch Report | Comcast Launches Xfinity XFi
May 09, 1:00AM
Today’s Stories Comcast invests in mesh router maker Plume, launches Xfinity xFi for managing your home’s wireless network John Oliver reminds us that Net Neutrality is still under siege Facebook culls ‘tens of thousands’ of fake accounts ahead of UK election Amazon to control 70 percent of the voice-controlled speaker market this year Food startup Maple shuts… Read MoreGrammarly raises $110 million for a better spell check
May 08, 11:02PM
Some people really need help with grammar. To that end, Grammarly has been quietly building a freemium grammar checker to help students, writers and people who want to make a good impression on social media or email. Now they’re raising $110 million from General Catalyst, IVP and Spark Capital to take their business to the next level. Read MorePrepared food distribution service Power Supply rebrands as Territory and raises $6.7 million
May 08, 9:39PM
If you thought the world didn’t need another prepared food distribution and delivery service, apparently you’d be wrong, as the newly minted startup Territory has managed to pull in $6.7 million for its healthier eating options. The company formerly known as Power Supply raised the money as it looks to expand to new geographies and consolidate its position in its current markets. Read MorePandora will consider buyout before selling $150M in preferred stock to KKR
May 08, 9:23PM
Pandora is taking a cash infusion to maintain “a strong balance sheet” as it struggles to shift from radio to the increasingly popular on-demand streaming model. Private equity firm KKR has agreed to buy $150 million in Series A preferred Pandora shares and be paid a 7.5 percent or 8 percent quarterly dividend; KKR’s Richard Sarnoff will take a board seat. Read MoreThe touchscreen Amazon Echo could launch on Tuesday
May 08, 8:35PM
Amazon could be about to launch Echo with a touchscreen as soon as tomorrow. The word comes from the WSJ citing sources familiar with the matter. The new model would feature a 7-inch touchscreen, display answers to verbal questions and feature internet-based telephone calls. Last week several sites posted images of a device they claimed to be the upcoming Echo touchscreen speaker. The… Read MoreThis venture-backed company just filed for Chapter 11 bankruptcy to resolve a patent dispute
May 08, 8:20PM
In the world of venture-funded companies, not much surprises industry observers. Yet a new strategy by one privately held company might have founders and venture investors wondering if it’s a maneuver worth replicating. What happened: The U.S. subsidiary of a venture-backed search optimization company called Searchmetrics just filed for Chapter 11 bankruptcy protection in Delaware. Read MoreThe first EV showcase opens in Oregon
May 08, 8:16PM
Forth, the electric vehicle proponent formerly known as Drive Oregon, has opened the nation’s first electric vehicle showcase in downtown Portland, Oregon. Anyone who wants to test drive one of the handful of EVs at the city’s World Trade Center can make a reservation. There are only three cars on hand so far: the Chevy Bolt, Ford C-MAX Energi, and the Nissan Leaf. Staff will be… Read MoreThe FCC's comment system targeted by DDoS attacks during filing period for net neutrality
May 08, 7:30PM
The FCC suffered multiple distributed denial-of-service (DDoS) attacks Sunday night and Monday morning, the agency said in a statement today. The attacks appear to be aimed at shutting down the electronic comment filing system by which people can submit opinions on the proposed rollback of net neutrality rules. Read MoreInstagram launches mobile web sharing to pursue global growth
May 08, 7:05PM
Instagram wants to be the photo app for the whole world, even if you can’t or won’t download it. In pursuit of international growth where networks are slow and data is expensive, Instagram has given its mobile website a massive upgrade that adds core features of the main app, including photo sharing and a lightweight version of the Explore tab. Until now, users could could only… Read MoreOffline content gets a boost in the new version of Chrome for Android
May 08, 6:51PM
Google rolled out a “Downloads” feature in its mobile web browser Chrome for Android in December that allows you to save web pages, music and videos for offline access. Today, the company is introducing a series of improvements to make it easier to save content for offline access, as well as quickly find the pages you had already saved. To download a web page previously, you would… Read MorePeak Ventures shores up its second fund for $50 million
May 08, 6:17PM
Utah-based Peak Ventures has closed on a second fund for $50 million, outpacing Kickstart Seed Fund as the seed VC firm with the largest coffers in the state thus far. Peak took in $23 million for the first fund and has since invested in local startups like Owlet and Homie as well as the New York-based Nigerian education startup Andela. Sid Krommenhoek and Jeff Burningham launched the fund… Read MoreFood startup Maple shuts down operations in New York to join Deliveroo
May 08, 6:06PM
Maple, the prepared food delivery startup that had raised over $25 million, tried to differentiate itself from other startups by owning the whole process of the food cycle from sourcing the food, to preparing it and then delivering it. As the headline suggests, it didn’t work out for Maple. That’s why Maple is ceasing operations in New York (the only city it served) and teaming… Read MoreDell Technologies Capital emerges from stealth, announces over 70 investments
May 08, 5:56PM
Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… Read MoreFacebook must remove hate speech posts, Austrian court rules
May 08, 5:42PM
More bad news for Facebook on the content front: An Austrian court has ruled the company must remove posts deemed to be hate speech, Reuters reports. The case was brought last year by Austria’s Green party over what it argued were defamatory insults to its leader posted to Facebook by a fake account. Read MoreAmazon to control 70 percent of the voice-controlled speaker market this year
May 08, 4:20PM
Amazon is dominating the voice-controlled speaker market, according to a new forecast from eMarketer out this morning. The maker of the Echo-branded speakers will have 70.6 percent of all voice-enabled speaker users in the U.S. this year – well ahead of Google Home’s 23.8 percent and other, smaller players like Lenovo, LG, Harmon Kardon, and Mattel, who combined only account for… Read MoreThe Nixie Machine II is a mean-looking clock for serious geeks
May 08, 4:01PM
Nixie (“Numeric Indicator eXperimental No. 1”) tubes were displays used for digital readouts before the advent of the LED. Popular with James Bond villains who wanted to rule the world yet whose bomb timers stopped at exactly 007 when Bond figured out what wire to cut (and with scientists), the tubes once graced the highest of the high tech circa 1950. Now, however, they’re… Read MoreChinese startup Infervision emerges from stealth with an AI tool for diagnosing lung cancer
May 08, 3:55PM
Roughly 600,000 people in China die from lung cancer every year. The issue is compounded by a lack of quality healthcare in much of the country, which means that cancers often go undetected until it’s too late. Enter Infervision, a Beijing-based company using machine learning and computer vision to help diagnose cancers. Read MoreGE's small robots could solve big problems inspecting gas turbines
May 08, 3:46PM
Imagine the difficulty of trying to inspect a working gas turbine. There is not only intense heat, blades are constantly spinning, making getting a camera inside to examine the operating turbine a huge challenge. A team at the GE Global Research Center in Niskayuna, New York has been working on several small experimental robots designed to solve some of these issues. Traditionally,… Read MoreWhatsApp quietly added encryption to iCloud backups
May 08, 3:44PM
WhatsApp has quietly beefed up the security of an iCloud backup feature for users of its messaging service — potentially closing a loophole that could enable otherwise end-to-end encrypted messages to become accessible in a readable form. Read MoreTarget begins testing next-day delivery with 'Target Restock' service
May 08, 3:14PM
Target announced this morning it’s now testing a next-day home delivery service called Target Restock. The service, which is currently being trialed with Target employees ahead of a customer-facing pilot this summer, is designed to offer an easy way to shop online for household essentials which will arrive the day after you place your order. The move is clearly meant to compete with… Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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