Wednesday, May 17, 2017

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There's no shame in a $100M startup

May 17, 1:00AM

 The era of unicorn startups has created a distorted view of entrepreneurial success. All the talk about billion-dollar exits has inflated the numbers that define a win. Starting and selling a company for $100 million dollars is an outlier event in terms of pure entrepreneurial probability, but such outcomes are viewed as well short of success in many corners of today’s startup world. Read More

These are the five finalists in the TechCrunch Disrupt NY Startup Battlefield

May 17, 1:00AM

 Over the past two days, 20 companies have taken the stage at TechCrunch’s Startup Battlefield, where they presented their products and took questions from our expert judges. Now, with the help of those judges, we’ve selected five startups to compete tomorrow in the Battlefield finals. They are: Collider Collider‘s flagship printer Orchid, which is still in a… Read More

Mike Allen of Axios: People want sophisticated explanations, not long ones

May 16, 11:21PM

 Mike Allen, the co-founder and executive editor of business, tech and politics news site, is spending a lot of time these days thinking about information today, and how best to deliver it. As the former chief political reporter of Politico, and now at Axios, he’s among a set of journalists who have helped to elevate the process of writing a newsletter to an art and a… Read More

AMD's new top-end Radeon Vega graphics cards are taking aim at competing GPUs

May 16, 11:17PM

 It’s high-time for AMD to announce a new generation graphics card and it’s done just that with the Radeon Vega Frontier Edition. This potentially deadly duo of souped-up GPUs take aim at NVIDIA’s Pascal series, namely the GTX 1080, 1080Ti and even directly, to the more recently announced Titan Xp. Here are the nerdy details: the Vega features 64 compute units, an… Read More

Cadre and Point are betting that the best way to win in real estate is to disrupt the market

May 16, 11:09PM

 On the stage of TechCrunch Disrupt, the founders of two of the hottest startups in real estate, Cadre and Point articulated the inefficiencies of today’s real estate markets and expressed optimism in their ability to use innovative markets to benefit investors and homeowners respectively. Cadre is an exclusive startup that connects real estate investors to… Read More

After WannaCry, ex-NSA director defends agencies holding exploits

May 16, 11:07PM

 General Keith Alexander has warned there will be more ransomware attacks this year, and urged industry to work with government to try to defend against global cyber threats. Read More

Fintech unicorn TransferWise reaches profitability, planning 'new financial services'

May 16, 11:00PM

 What’s more mythical than a unicorn? A unicorn that is profitable. Six years after launch, TransferWise, the London-headquartered international money transfer startup, which was most recently valued at a reported $1.1 billion, has announced that it has finally reached profitability this calendar year and is “cash-generating”. Read More

Bragi's new Dash PRO headphones are true wearable head computers

May 16, 10:30PM

 Bragi has some new headphones coming out, and they have more in common with the original Bragi Dash than with the minimal Headphone they launched late last year. The new Dash PRO and Dash PRO tailored by Starkey are more powerful wearable computers, with the Starkey variant adding tech from Starkey, which is a maker of high-end audio and hearing tech. The Starkey version is being called… Read More

Pinterest will soon let advertisers reach consumers through their smartphone's camera

May 16, 10:15PM

 This afternoon at TechCrunch Disrupt NY 2017, Pinterest president Tim Kendall showed off how the company’s visual search technology could be used to serve ads just by having users snap a photo using their smartphone’s camera. Today, the company launched the ability to connect advertisers with potential customers through “Instant Ideas” – a feature on… Read More

Capsule raised $20 million from Thrive

May 16, 9:42PM

 Capsule, a New York-based pharmacy delivery startup, has raised $20 million from Thrive Capital, founder Eric Kinariwala told TechCrunch editor Jordan Crook on stage today at Disrupt NY. The raise was first noted in the Wall Street Journal but Kinariwala came on stage today during our Founders Spotlight portion of the event to chat about his plans to cut out third-parties and… Read More

FCC commissioner: 'Net neutrality is doomed if we're silent'

May 16, 9:38PM

 Onstage at TechCrunch Disrupt NY, FCC Commissioner Mignon Clyburn urged the public to continue voicing their support for a free and open internet. “Net neutrality is doomed if we’re silent,” she said. Many have questioned the future of net neutrality under Trump-appointed FCC Chairman Ajit Pai. The Republican-controlled commission has made its intentions known to strip… Read More

WannaCrypt raises questions over government cyber priorities

May 16, 9:13PM

 The fallout from the WannaCrypt ransomware attack which quickly spread to multiple countries and systems last Friday continues to cause consternation around the world. And raises questions over government cyber security priorities. Read More

Amazon Music says it doesn't want to become a record label

May 16, 9:12PM

 Amazon Music Vice President Steve Boom shot down the idea that Amazon’s music arm would become its own record label at TechCrunch Disrupt NY 2017. It’s a question that he gets a lot, Boom told TechCrunch’s Josh Constine, largely in part because of Amazon Studios, the company’s television and film production arm. But Amazon views the video and music industries very… Read More

Apple is shoring up Siri for its next generation of intelligent devices

May 16, 8:43PM

 Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More

Apple could release MacBook updates soon

May 16, 8:25PM

 According to a new report from Bloomberg, Apple is about to release updated MacBook and MacBook Pro models. The company could announce the refresh at its WWDC keynote on June 5. The 12-inch MacBook with a retina display hasn’t been updated in a year. The design still works quite well, so I wouldn’t expect anything more than a specification bump. Maybe Apple is going to add a… Read More

Facebook teams up with The Trevor Project for LGBTQ youth suicide prevention

May 16, 8:00PM

 Facebook has partnered with The Trevor Project, a suicide prevention hotline for lesbian, gay, bisexual, transgender and/or queer youth, to bring additional crisis support to Facebook Messenger. Back in March, Facebook brought suicide prevention tools to both Live and Messenger in partnership with organizations like the Crisis Text Line, the National Eating Disorder Association and the… Read More

Leverage is building a project management application with outsourced virtual assistance built in

May 16, 7:44PM

 Using outsourced help – whether that’s using a virtual assistant to help you book travel or hiring a development firm to build your website – is something that nearly all businesses need from time to time. But finding a qualified person to do that job from freelance job boards on online recommendations can be difficult. A company called Leverage wants to make using… Read More

Upload VR startup raised $4.5 million Series A from Colopl, General Catalyst last year

May 16, 7:39PM

 Upload, which shifted the “UploadVR” brand to its media arm earlier this year, closed a funding round in September of last year raising $4.5 million, TechCrunch has learned. The timing of the previously unreported funding round was alluded to in a sexual harassment lawsuit filed yesterday by a former employee. The funding round was led by Colopl. Other participants in the… Read More

A unicorn wanders through Startup Alley

May 16, 7:38PM

 Another Disrupt, another Startup Alley. In this exciting video I wear a unicorn head, stare dumbfounded at a founder who told us to go away, and talk to Co-Sender, Marvelmind,, BoostHQ as we wander the variegated halls of Disrupt New York 2017. Read More

The Partnership on AI adds Intel, Salesforce and others as it formalizes Grand Challenges and work groups

May 16, 7:37PM

 Intel, Salesforce, eBay, Sony, SAP, McKinsey & Company, Zalando and Cogitai are joining the Partnership on AI, a collection of companies and non-profits that have committed to sharing best practices and communicating openly about the benefits and risks of artificial intelligence research. The new members will be working alongside existing partners that include Facebook, Amazon, Google,… Read More

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