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Crunch Report | Reddit Now Valued at $1.8 Billion
Aug 01, 3:00AM
Niantic postpones its European Pokémon GO Event, Discovery Communications acquires Scripps Networks for $14.6 billion, Game of Thrones materials getting released in HBO hack and Reddit is now valued at $1.8 billion. All this on Crunch Report. Read More
New border wall bill draws on Palmer Luckey's new defense company
Aug 01, 1:59AM
After being ousted from the VR empire he built, Oculus founder Palmer Luckey is wasting no time on his next project: building the wall. As CNN reports, Luckey’s newfound interest in defense is evident in the Secure Miles with All Resources and Technology (SMART) Act, proposed by Texas Representative Will Hurd. Hurd partnered with other Republican representatives from border states… Read MoreA look back in IPO: Google, the profit machine
Aug 01, 12:25AM
We’re taking a look at the IPOs of tech’s biggest players. Next up is Google, which went public in 2004. At the time, the firm frankly told investors that it was “not a conventional company,” and it did “not intend to become one.” For Google, the unconventional attitude worked. But before its IPO more than 10 years ago, the company’s future was… Read MoreFacebook buys Ozlo to boost its conversational AI efforts
Aug 01, 12:23AM
Facebook has gone ahead and purchased Charles Jolley’s conversational AI startup Ozlo. Jolley, formerly Head of Platform for Android at Facebook, will not be returning to the company. The Ozlo team is expected to join Facebook to work on natural language processing challenges. Read MoreNASA puts $14M in funding towards soft robots, flash lidar and other research projects
Aug 01, 12:21AM
NASA has announced the latest beneficiaries of its Small Business Technology Transfer program, which solicits and funds small-scale research projects outside the agency but relevant to its interests. Nineteen projects in a variety of fields are being awarded a total of $14.3 million. Read MoreSeveral departures at venture firm Kleiner Perkins
Aug 01, 12:04AM
Noted venture firm Kleiner Perkins is getting a little leaner. General partner Mike Abbott announced Monday that he’s leaving the team for an undetermined startup role. Separately, its early-stage “Edge” team is folding. Read MoreDaydream update starts arriving on Galaxy S8 and S8+ phones
Jul 31, 11:34PM
Google’s brand of VR is, at last, beginning to arrive on Samsung devices. Reports emerged last week that certain Verizon Galaxy S8 and S8+ devices were getting the Daydream update, but today Google confirmed the rollout. The Daydream-ready update is rolling out now to @SamsungMobile Galaxy S8 and S8+. Explore new worlds with #Daydream. https://t.co/KaRNJEcURi… Read MoreSnap joins rivals Facebook and YouTube to fight terrorism
Jul 31, 11:22PM
Snap Inc has joined the Global Internet Forum to Counter Terrorism, which sees consumer internet companies cooperating to stop the spread of terrorism and extremism online. Facebook, Google and YouTube, Microsoft and Twitter formed the GIFCT last month, and tomorrow it will host its first workshop with fellow tech companies plus government and non-governmental organizations. Read MoreThe Wizards of Armageddon set up shop in Silicon Valley
Jul 31, 10:39PM
The Research and Development Corporation (RAND) has helped the U.S. think through some of the toughest scientific and regulatory challenges since the 1940s. This year, the think tank is opening its first office in the SF Bay Area. It’s positioning itself to weigh in on some of Silicon Valley’s largest research projects, like autonomous vehicles, drones, AI, cybersecurity and… Read MoreFCC says its cybersecurity measures to prevent DDoS attacks must remain secret
Jul 31, 9:43PM
The FCC has provided a few — very few — details of the steps it has taken to prevent attacks like the one that briefly took down its comment system in May. The agency has faced criticism over its secrecy regarding the event, and shows no sign of opening up; citing “the ongoing nature of the threats,” to reveal its countermeasures would “undermine our… Read MoreWyndham Hotel Group buys Love Home Swap for $53M
Jul 31, 8:44PM
Large hotel chains are feeling the heat from Airbnb and other startups building digital marketplaces for travelers. And that is leading some of them to make acquisitions. RCI, a division of the Wyndham Hotel Group, has acquired Love Home Swap, a startup out of London that lets people book time to stay in other people’s homes and list their properties for people to book. Read MoreFacebook, Autodesk partner with a design organization geared toward underserved kids
Jul 31, 8:23PM
Facebook and Autodesk have partnered with nonprofit organization Inneract Project, which is geared toward bringing design to young people in underserved communities through free, hands-on classes and mentorship. Read MoreAMD's new $499 RX Vega 64 and $399 Vega 56 top-end graphics cards launch in August
Jul 31, 8:21PM
It’s high time for launch details regarding new AMD RX Vega cards that were teased in May — high-end graphics cards designed to challenge Nvidia’s domination with the GTX 1080 and 1070. Both cards are going on sale August 14, at $499 for the Radeon RX Vega 64 and $399 for the Radeon RX Vega 56. Read MorePandora sort of bounces back after months of chaos
Jul 31, 8:13PM
Pandora is probably breathing a small sigh of relief after months of chaos have still ended with a positive second quarter, sending the shares up more than 7 percent in extended trading. Read MoreReal estate site Redfin up 11% on stock market day two
Jul 31, 8:11PM
Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $22. Today, shares were up another 11%, closing above $24. With a market cap approaching $2 billion, it’s more than double than the $770 million valuation that Redfin achieved in its last… Read MoreLost My Name, the tech-driven kids book publisher, raises $8.5M and partners with Roald Dahl Estate
Jul 31, 7:33PM
Lost My Name, the London-based startup that uses tech to create and publish personalised story books for children, has raised $8.5 million in Series B funding. It is also revealing an upcoming tie-in with the Roald Dahl Estate, owners of IP such as Willy Wonka’s Chocolate Factory. Read MoreSpotify preps to go public with 60M subscribers, outpacing Apple
Jul 31, 7:28PM
Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in less than a year, while it’s taken Apple Music more than a year and a half to make that progress. Spotify now has 60 million subscribers, compared to Apple Music’s 27 million (as of June). Read MoreGoogle opens its Nearby Connections tech to Android developers to enable smarter offline apps
Jul 31, 6:59PM
Google announced today the public availability of a developer tool that will allow Android apps to better communicate with nearby devices, even while offline. The company touts a number of potential use cases for this technology – like hotel rooms that sense your entry then set the temperature accordingly and turn on your favorite music, or phones that can merge their address books while… Read MoreGoogle Calendar now plays nicer with Microsoft Exchange
Jul 31, 6:25PM
Google today announced a small but important update to how Google Calendar and Microsoft Exchange can work together going forward. It’s not unusual for a company to still use both Google’s G Suite tools and Microsoft Exchange in parallel, and with this update, G Suite admins can now allow their users to see real-time free/busy information across the two systems. This means tools… Read MoreReddit just raised a new round that values the company at $1.8 billion
Jul 31, 6:11PM
Reddit, the 12-year-old, San Francisco-based online discussion platform that has long called itself the “front page of the internet,” just closed its biggest round ever, from a whole lot of investors, reports Recode. Andreessen Horowitz, Sequoia Capital, Coatue Management, Vy Capital, Fidelity, Sam Altman and Ron Conway all chipped into the $200 million financing. 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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