Thursday, August 3, 2017

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Crunch Report | Instagram Stories Turns One

Aug 03, 3:00AM

MKBHD get first look at the RED Hydrogen, CRISPR Cas9 gene editing technology is used to wipe out a genetically inherited heart mutation in embryos, Instagram Stories turns one year old, UK IKEA is now selling solar and more. All this on Crunch Report! Read More

'Paranormal Activity' director Oren Peli launches a new social app

Aug 03, 1:57AM

Oren Peli Oren Peli, who wrote and directed the enormously successful film Paranormal Activity, is launching a new iOS and Android app designed to help users create, find, and join local events. Spot‘s launch might be doubly surprising — not only is Peli launching an app, but it seems like an odd idea to come from someone best known for horror movies (he also produced the Paranormal… Read More

Another black activist, Ijeoma Oluo, is suspended by Facebook for posting about racism

Aug 02, 11:38PM

 Activist and writer Ijeoma Oluo is the latest to suffer for Facebook’s inability — or perhaps unwillingness — to improve its reporting and moderation infrastructure. After receiving hundreds of racist and threatening messages in response to a joke made on Twitter, Oluo began posting screenshots when it was clear that reporting did nothing. Facebook’s response was to… Read More

SpaceX helped Tesla with a huge headache in its cars

Aug 02, 10:46PM

 Tesla reported its second-quarter earnings today, which means a bunch of Wall Street analysts jumped on the phone to probe the ever-quotable Elon Musk — including, believe it or not, about SpaceX. To be sure, it wasn’t specifically about space or flight — it was whether some of the innovations happening at SpaceX can be applied to Tesla. Musk runs both companies, which… Read More

Elon Musk says Model Y small SUV will leverage Model 3 platform after all

Aug 02, 10:28PM

 During its earnings call in May, Tesla CEO and founder Elon Musk said that the “Model Y” small SUV actually would use a brand new platform, totally distinct from the Model 3. On the earnings call for the company’s Q3 results on Wednesday, he noted that the company has changed its thinking, and that the Model Y will in fact leverage the Model 3 platform considerably. Read More

Tesla has completed its first ever Solar Roof product installations

Aug 02, 10:07PM

 Tesla has already completed the first installations of its Solar Roof products, which use integrated solar panels to gather energy. The solar tiles were first introduced last year, and are designed to look essentially indistinguishable from traditional roofing materials so that they present an aesthetically attractive option to consumers who might shy away from traditional panel designs. Read More

Solar cell lenses give these shades a charge

Aug 02, 9:20PM

 Over the years I’ve seen concepts of solar-powered sunglasses come and go, but the dream of for some reason wearing solar panels on my face has eluded me — until today. Genius engineers at Karlsruhe Instutite of Technology have successfully made a pair of shades with organic solar cell lenses — and you don’t even have to stare directly at the sun for them to work. Read More

Fitbit tries to convince investors it's still alive

Aug 02, 9:10PM

 Fitbit’s shares are not much more than 10% of the highs it reached of $47.60 in July 2015, the month following its public debut. On Wednesday, Fitbit closed $5.07, just barely a “unicorn” at $1.16 billion in market value. But the stock saw a rare boost after the company reported quarterly earnings, sending shares up over 4% in initial after hours trading. The company… Read More

WTF is bitcoin cash and is it worth anything?

Aug 02, 8:44PM

 Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash. Right now, bitcoin cash is actually worth quite a bit — on paper at least. Some are trading it at around a value of $400 per coin, which makes it the fourth-largest cryptocurrency by market cap right now. Read More

Tesla averaging 1,800 Model 3 reservations per day since last week's event

Aug 02, 8:37PM

 Tesla is booking a total of around 1,800 Model 3 net reservations per day since it held an event last Friday to handover its first Model 3 production cars to employees who pre-ordered the vehicle, the company revealed in its earnings letter for Q2 2017. That’s a very impressive clip for new orders, especially given that the company already has a large backlog, according to Tesla CEO… Read More

Tesla's Model 3 launch may end up giving the Model S a nice bump

Aug 02, 8:24PM

 Tesla appears to still be getting a lot of interest in the Model S, and in the company’s earnings report today it said there was a further increase in net Model S orders since the Model 3 handover event, though it said it was “too early to draw strong conclusions.” Read More

Square continues its stellar stock market run

Aug 02, 8:17PM

 Square, the payments processing company founded by Jack Dorsey, reported its second quarter earnings after the bell on Wednesday. After beating expectations, the stock quickly went up 4% in initial after hours trading. Square reported revenue of $552 million, when analysts were forecasting $536 million. It’s also up 26% from the same period last year. The company still lost money at… Read More

DJI Spark update introduces 180-degree selfie mode

Aug 02, 7:50PM

 Owners of the DJI Spark will be glad to know they now have a little more functionality with their palm-sized selfie drone. Thanks to a software update, users will be able to get a panoramic, 180-degree photo of themselves. The drone’s 12-megapixel sensor will fly in a circle around the subject (presumably you) and stitch together 21 individual photos. Photo resolution has been improved… Read More

DMCA filing says hackers stole 'thousands' of internal HBO docs — but company denies emails taken

Aug 02, 7:46PM

 The hack of HBO isn’t limited to a handful of Game of Thrones episodes; a DMCA takedown notice issued on behalf of the company says hackers stole “thousands of Home Box Office (HBO) internal company documents.” And, as the notice indicates, the data is already in the wild. Read More

NextView Ventures just sealed up its third fund with $50 million

Aug 02, 7:06PM

 Back in December, we reported that NextView Ventures, one of the few seed-stage venture firms in Boston, was looking to raise at least $50 million for a third fund, per an SEC filing that was processed at the time. Today, the firm says it has closed the fund with exactly that amount in capital commitments. Read More

Updated: Apple won't have a yoga workout mode for WatchOS 4

Aug 02, 7:00PM

 News continues to leak out about what’s new in iPhone 8, and most of those rumors seem to be coming from a leaked iOS release related to the HomePod speaker. Something else we were tipped to in that same file: several references to yoga, including under a listing of workouts associated with the Apple Watch. Read More

Mystro is an app aiming to bring in more bacon for Uber and Lyft drivers

Aug 02, 6:05PM

 It’s tough out there for on-demand drivers, and every second en route counts if they want to hit that bonus or just bring enough home to make the rent. Mystro hopes to put 33 percent more money per year in the pockets of Uber and Lyft drivers through an app that helps drivers continuously pick up the most profitable rides in the shortest amount of time, based on the filters each driver sets. Read More

Apple Pay is coming to Sweden, Denmark, Finland, the UAE and more banks

Aug 02, 6:04PM

 Apple has been announcing a bunch of news about Apple Pay recently. The company is expanding its mobile payment feature more aggressively. As announced in yesterday’s earnings call, Apple Pay is coming to the UAE, Denmark, Finland and Sweden before the end of the year. Apple hasn’t shared any specific information about those new countries. For instance, the company hasn’t… Read More

Hyperloop One's next step is to test airlocks for pod entry and exit

Aug 02, 5:37PM

 I spoke to CEO Rob Lloyd about how Hyperloop One got to today’s 192 mph XP-1 pod speed record, and what happens now, both for further technical testing and from a business perspective. The next step for the testing facility, aside from increasing speed incrementally until it can reach the top achievable velocity of 250 mph on the current 1620-foot length of test track, is building and… Read More

RED's Hydrogen gets the hands-on treatment

Aug 02, 5:30PM

 If RED piqued your interest with its vague promises of a holographic pocket digital cinema phone (what does that even mean?!), you’ll be interested to hear that YouTuber Marques Brownlee (AKA MKBHD) has gotten his hands on a prototype and was favorably impressed. Read More

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