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Crunch Report | Blue Apron IPO Has A Rocky Start

Jun 30, 12:56AM

Crunch Report 6.29 Today’s Stories  Blue Apron IPO off to a rough start Microsoft confirms Cloudyn acquisition, sources say price is between $50M and $70M Instagram implements an AI system to fight mean and harassing comments Uber crosses the 5 billion trip milestone amid ongoing issues A brief history of the iPhone Credits Written and Hosted by: Anthony Ha Filmed by: Matthew Mauro Edited by: Joe… Read More

As the LA venture market booms, Upfront closes its sixth fund with $400 million

Jun 29, 11:45PM

 As the firm looks ahead to its own future, Suster and the firm he’s helped grow remain committed to the future of Los Angeles. The two are paired and these days if an investor is #LongLA (to use the hashtag the firm coined), it looks like limited partners are saying that it pays to be long on Upfront as well.  Read More

Zillow and McMansion Hell bury the hatchet after nastygram rouses internet's ire

Jun 29, 11:19PM

 All is well in McMansion Hell, the blog doing god’s work by sassing the hideous architecture on display in our otherwise pleasant suburbs. Zillow sent a letter earlier this week threatening legal action over the blog’s use of images taken from the real estate giant’s site — but as these boneheaded corporations just can’t seem to learn, this sort of thing… Read More

After canceling Sense8, Netflix is giving the show a two-hour finale

Jun 29, 10:18PM

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Palmer Luckey backs development of VR tool that lets HTC Vive users play Oculus exclusives

Jun 29, 10:13PM

 The rift between Oculus co-founder Palmer Luckey and the company he left earlier this year appears to be growing wider. Luckey is putting some of the money he made from Facebook buying his VR company to ensure that users of a different VR headset can play the exclusive titles that Facebook is funding. Read More

What each model of the iPhone added to the game

Jun 29, 10:04PM

 It was 10 years ago today that Steve Jobs announced the long-rumored iPhone to a crowd of tech lovers excited to a fever pitch. We’ve already looked at the history of the iPhone going back to the Newton, but 10 years of iPhone have brought us more than a dozen devices, each of which brought something new and important to the smartphone game. Let’s go through them, shall we? Read More

macOS High Sierra's best features are the ones you don't see

Jun 29, 9:04PM

 The new operating system isn’t rife with shiny new features, but it brings enhancements under the hood designed to speed up devices. More importantly, they help future-proof Apple’s technology, from its first new file system since the early days of the Mac, to graphical and processing enhancements designed to usher in virtual reality content creation. Read More

Free choice must be free

Jun 29, 9:00PM

 It is time to have a serious conversation about the limits of choice architecture online. We should acknowledge legitimate business interests alongside the long-established practice of choice architecture. At the same time, we should put restrictions in place to prohibit the use of nudges when they act as mere exploitation of weaknesses for the sake of profit-making. Read More

Blue Apron whiffs on first day of trading

Jun 29, 8:11PM

 Blue Apron investors might be shedding a tear — and it’s not from the chopped onions. The subscription service for at-home cooking closed the day just barely above $10 per share. This is not only a disappointment for the company, which hoped to raise more money by selling stock at $15 to $17 to share, but also for the new investors who bought at the $10 IPO price. Read More

Adobe releases analytics tools for conversational AI

Jun 29, 8:04PM

 It’s still hard to say if the voice-controlled aluminum can will be the next smartphone or the next Segway, but either way, brands are preparing. This morning Adobe launched a new set of analytics tools, Adobe Sensei for Voice, to help brands take advantage of conversational data to improve targeting and, ideally, conversions. Adobe says it can consume data from Alexa, Siri, Google… Read More

Storage company Omni now lets users share their belongings with friends

Jun 29, 8:00PM

 On-demand storage startup Omni wants to make it easier for you to have access to your favorite items without them taking up space in your closet. But now the company is taking a huge step toward making those items available to your friends, and to other people in your local community. Read More

World View's stratollite took a KFC chicken sandwich to the edge of space

Jun 29, 7:13PM

 I’d put a sandwich into space, too, if my job was to run a for-profit space tech company and KFC came calling with a fat wad of cash. Read More

Lockheed Martin takes a strategic stake in nanosatellite company Terran Orbital

Jun 29, 6:00PM

 Aerospace leader Lockheed Martin has invested in U.S. nanosatellite company Terran Orbital, the latest example of how legacy and novel players alike are looking at smallsats and the industry of cheap, lightweight satellites in general as a key area of opportunity for the growing commercial space sector. Read More

Facebook's Aquila drone completes its second test flight, lands well this time

Jun 29, 6:00PM

 Facebook’s plan to use large solar-powered high-altitude drones to connect areas of the world that traditionally haven’t had reliable internet access marked a significant milestone on Thursday. Aquila, its first functional aircraft, completed its second successful test flight — and landed successfully, too. Read More

More than half of major malware attack's victims are industrial targets

Jun 29, 5:44PM

 A new report examining the targets and intended effects of this week’s massive malware attack comes up with some significant insights. The attack, initially believed to be a variation of commercial malware software known as Petya, appeared to be a vast ransomware scheme. As the story developed, it became clear that the attack was more destructive than it was lucrative. Read More

Google hires Intel's former head of diversity as VP of Diversity

Jun 29, 5:15PM

 Danielle Brown, Intel’s former head of diversity who left the company earlier this month, has landed at Google. Brown will be Google’s VP of Diversity, she posted on Twitter today. Read More

AMC launches a $5 per month ad-free TV streaming service — but not for cord cutters

Jun 29, 5:06PM

 Cable network AMC today announced the launch of a new streaming service called AMC Premiere, which allows subscribers to pay $5 per month for access to commercial-free versions of its current TV shows, along with uncut movies, while also allowing customers to stream new TV episodes at the same time as they’re airing on television. But AMC Premiere is not for cord cutters — yet. Read More

Yammer co-founder Adam Pisoni just raised $7.5 million in Series A funding for his new company, Abl

Jun 29, 5:01PM

 Abl Schools, a nearly two-year-old, San Francisco-based company that makes time and resource management software for middle schools and high schools, has raised $7.5 million in Series A funding. Abl was founded by CEO Adam Pisoni, himself a high school dropout who formerly co-founded and served as CTO of the enterprise messaging company Yammer. Read More

A brief history of the iPhone

Jun 29, 5:00PM

 The first iPhone was met with cautious excitement by many in the press — after all, where did the company get off thinking it could replace a physical keyboard with a touchscreen? But all these years later, the device still serves at the template for a majority of modern smartphones. In the intervening decade, the company has redefined the category time and again. Read More

Uber crosses the 5 billion trip milestone amid ongoing issues

Jun 29, 5:00PM

 Uber riders have taken 5 billion trips using the service the company announced today, more than doubling the two billion milestone it hit back in 2016. The 5 billion mark was actually crossed in May. 156 trips began at 7:29:06 AM GMT on May 20, Uber says, putting the ride hailing service over the edge. That’s a lot of trips for Uber, which is likely celebrating the traction under a cloud… Read More

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