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Jul 05, 3:54AM
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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…
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Jul 05, 3:30AM
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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.
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Jul 04, 11:30PM
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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?
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Jul 04, 7:25PM
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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…
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Jul 04, 6:54PM
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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…
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Jul 04, 5:30PM
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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.
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Jul 04, 4:25PM
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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…
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Jul 04, 2:39PM
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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…
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Jul 04, 1:37PM
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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.
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Jul 04, 12:45PM
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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,…
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Jul 04, 12:35PM
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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…
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Jul 04, 11:29AM
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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…
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Jul 04, 9:33AM
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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…
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Jul 04, 7:55AM
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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…
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Jul 04, 6:17AM
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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…
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Jul 04, 12:06AM
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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.
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Jul 03, 10:45PM
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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…
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Jul 03, 10:24PM
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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.
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Jul 03, 10:07PM
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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.
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Jul 03, 10:00PM
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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.
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