Wednesday, July 5, 2017

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Will Blue Apron's rebound continue?

Jul 05, 3:54AM

 Cooking kit delivery company Blue Apron traded up 3.5% on the stock market Monday, erasing some of the losses from its first two days as a public company. Shares closed at $9.67, which was still beneath last week’s $10 IPO price. This is in contrast to a lot of public debuts, where companies are typically in the green for the first day “pop.” It’s the subsequent days… Read More



How two countries helped drive the recent rise in cryptocurrency prices

Jul 05, 3:30AM

 The acceptance of virtual currencies by both the Chinese and Japanese governments are driving cryptocurrency growth, with China on the cusp of establishing its own currency, and Japan regulating bitcoin as true legal payment. Read More



Putting biases to work can be a strategy for better investment decision-making

Jul 04, 11:30PM

 What if we treated them as the boon of billions of years of evolution?  They allow us to detect patterns from few instances, to imagine things we’ve never seen, and to function robustly in a changing environment.  Can we design decision-making processes that capture the benefits of human bias without the drawbacks? Read More



Samsung is reportedly getting ready to join the smart speaker craze

Jul 04, 7:25PM

 Samsung is reportedly working on its own smart speaker device to compete with Amazon’s Echo and others, the WSJ reports. Appropriately, the timing of the device is far from ironed out. Samsung has had quite a few problems getting the voice-powered element of its Bixby smart assistant ready for Galaxy S8 consumers in the US after launching the device months ago. The report also states… Read More



Apple said to be exploring face scanning technology for the iPhone

Jul 04, 6:54PM

 According to freshly-minted rumors posted by Bloomberg, Apple is looking to do away with the iPhone’s tried-and-true fingerprint reader altogether, in favor of face-unlocking technology. The move would mark a major shift away from Touch ID, a mainstay in Apple phones since the introduction of the 5S, back in late-2013. The combination Touch ID/home button has been the source of a lot… Read More



In the knowledge economy, we need a Netflix of education

Jul 04, 5:30PM

 With as much as half of all current jobs going away in the next 10-12 years, let’s adopt the following mission: making learning accessible and feasible for every single employee. Read More



Outside of AI, companies are doing less research and more development

Jul 04, 4:25PM

 If you’ve been following the headlines in the world of AI, you might be fooled into thinking that corporations are doubling down, rather than withdrawing, from pure research. But on the ground, things are considerably more complicated — tech companies are spending more on the development part of R&D while relying more on cash strapped universities to move the needle on… Read More



Instagram should let users save and share their photo preferences

Jul 04, 2:39PM

 While the world waits for Instagram to launch a location-sharing feature à la Snapchat, it’s worth wondering about the potential arrival of something far more simple and obvious: user-preset filters. Instagram now allows you to prioritize your favorite filters at the beginning of the list and leave the ones that you don’t use often at the end. However, each user has their own… Read More



Einride's T-Pod self-driving transport EV gets a full-scale prototype

Jul 04, 1:37PM

 Swedish tech startup Einride has built a full-scale prototype of its T-Pod, the electric autonomous transport vehicle it hopes will eventually replace smaller heavy-duty trucks, featuring remote control operation and a 200 kWh energy capacity with a maximum range of around 124 miles. Read More



Worldpay, valued at $10B, confirms JPMorgan and Vantiv are trying to buy it

Jul 04, 12:45PM

 Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes against the likes of PayPal, Stripe, Square and more in payment processing — is on the block. Today Worldpay confirmed in a statement to the London Stock Exchange, where its shares are traded,… Read More



Chinese co-working unicorn URWork raises $30M from healthcare firm Aikang

Jul 04, 12:35PM

 Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. URWork, a billion-dollar-valued co-working in China, announced today that it has closed a RMB 200 million ($30 million) investment from Beijing’s Aikang Group. The deal is a strategic one that both sides said will grow the selection of services for URWork customers and… Read More



Internet Stone Soup

Jul 04, 11:29AM

 I’d wake up my computer and discover, to my dismay, that it had not. I was full-time blogger, the little brother to the journalist, the digital-ink-stained wretch that pounded out content for millions of readers with speed and attempted accuracy. I don’t consider myself that now – I needed a bit of a break from chasing news – but I still write too much and sit around… Read More



Tencent's online publishing arm files for IPO in Hong Kong

Jul 04, 9:33AM

 Hong Kong has secured its second high-profile tech IPO inside a week. Following on from gaming firm Razer, which filed its prospectus on Friday, Tencent’s online publishing service has followed suit with plans for a Hong Kong IPO. China Literature is akin to Amazon’s Kindle service, with 8.4 million pieces of content from more than five million writers. It counts 175.3 million… Read More



Cross-border payment startup InstaRem eyes IPO in 2020 after closing $13M Series B

Jul 04, 7:55AM

 Cross-border payment startup InstaRem has raised $13 million in new financing as it looks to expand its business, which is rooted in Asia, into Europe and North America ahead of an eventual public listing as soon as 2020. The Singapore-based startup said the raise was led by China’s GSR Ventures, an early investor in Didi among others, with participation from Japan/Netherlands… Read More



UK's Tide raises $14M to challenge big banks with a mobile-first service for SMBs

Jul 04, 6:17AM

 Europe has seen a large wave of startup banks pop up in the last few years — companies like N26, Atom and Monzo that are taking on the big incumbents by creating faster and cheaper services for a new class of consumers as they grow up and enter the working world. Now a startup has raised a sizeable Series A to tackle what it believes is a similar opportunity in the small business… Read More



SpaceX aborts second launch attempt for Intelsat 35e launch at T-10 seconds

Jul 04, 12:06AM

 SpaceX has its second window for launching Intelsat 35e, a satellite bound for geostationary orbit, on Monday at 7:37 PM EDT (4:37 PM PDT). This is a backup window after the first attempt was scrubbed on Sunday, following a computer abort of the launch when the countdown stopped with just 10 seconds left. Update 8:35 PM EDT: The launch was once again aborted at T-10 seconds. Read More



Employee email claims 500 Startups leadership delayed acknowledging McClure's harassment, as new allegations surface

Jul 03, 10:45PM

 An email circulated to 500 Startups staffers by its Mountain View accelerator lead and partner Elizabeth Yin makes several claims that contradict the narrative presented by leadership so far. In the email, Yin resigns effective Friday, citing the lack of transparency and ‘several untruths’ presented by 500 Leadership. This email makes claims that there were allegations yet to be… Read More



500 Startups LPs Mitch Kapor and Freada Kapor Klein react to Dave McClure's resignation

Jul 03, 10:24PM

 Earlier today, TechCrunch reported that 500 Startups co-founder Dave McClure, who had already stepped down as CEO, has resigned from his general partner role. Now, Mitch Kapor and Freada Kapor Klein, who are limited partners in 500 Startups, have spoken out about his resignation in light of allegations of sexual misconduct. Read More



The Kaarta Contour handheld scanner uses LIDAR to map spaces in real time

Jul 03, 10:07PM

 The Contour looks a bit like an oversized portable gaming console. There’s a seven-inch touchscreen display in the center, with two large handles on either side. A circular LIDAR scanner juts out in front, scanning the space as you go. As it reads the room, a 3D mapping image develops on the screen. Read More



Amazon's Alexa passes 15,000 skills, up from 10,000 in February

Jul 03, 10:00PM

 Amazon’s Alexa voice platform has now passed 15,000 skills — the voice-powered apps that run on devices like the Echo speaker, Echo Dot, newer Echo Show and others. The figure is up from the 10,000 skills Amazon officially announced back in February, which had then represented a 3x increase from September. Read More




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