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Aug 05, 10:52PM
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Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds of proxy fights happening at public companies, but after his ouster, it appears that Kalanick still may want to try to gain…
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Aug 05, 9:25PM
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Calling for room service is kind of annoying, though it’s one of the most first world-type of problems one could have. But that’s just to say the hotel industry is behind, technologically speaking. Startup AavGo is trying to fix that by bringing iPads into hotels to enable hotel staff to communicate among themselves, as well as enable hotel guests to easily communicate with…
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Aug 05, 9:15PM
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A screed from a Googler against the company’s diversity policies appears to be circulating internally at the company, according to Gizmodo, which has published the memo. Motherboard first reported on the existence of the document making the rounds, which Googlers condemned on Twitter. In it, the author of the “manifesto” appears to try to argue that the gender gap in…
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Aug 05, 7:07PM
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Would you eliminate cancer if you had the power to do it? How about ridding the world of HIV or wiping out Zika-carrying mosquitos? CRISPR, a new gene editing technique helping scientists snip out unwanted DNA fragments with surgical precision, promises to do just that — and it could radically change our world in the very near future. This new technology could touch everything from the…
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Aug 05, 6:53PM
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Apple is reportedly working on an Apple Watch that won’t have to be tethered to your phone for data, freeing that small fitness tracker on your wrist from the oppressive confines of having to carry around a now-critical piece of technology for operating in your daily life. This will probably have repercussions for the battery life of the watch that you have to charge every evening. We…
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Aug 05, 6:30PM
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Snap will report its second earnings report this week, which will once again look to answer the question: is there room on the advertising spectrum for Snap? The answer during its last earnings report (its first as a public company) was a resounding to be determined. The company’s stock has been hammered in the past several months falling well below its IPO price, which is not great…
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Aug 05, 4:30PM
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Public markets are riding high, and many big tech acquirers are flush with cash. However, it’s a very dull year for big acquisitions of private technology companies. The unicorn M&A scene looks particularly sluggish and valuation-challenged: seven months into 2017 and we’ve seen just one big unicorn M&A deal. But it’s not just the unicorn space where big deals…
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Aug 05, 3:18PM
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Apple reported its earnings this week, and with a surprisingly positive report the shares spiked again as Apple signaled a potential huge iPhone release. With that jump, Apple’s market cap is now over $800 billion. This year alone, shares of Apple are up almost 35%. If Apple’s promise plays out — or exceeds — what Wall Street hopes for the September quarter, we may soon…
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Aug 05, 1:34PM
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Tesla has lowered the entry-level price of the Model X SUV, from $82,500 to $79,500. The $3,000 price drop is the result of improved margins for the electric vehicle, which the company achieved thanks to “efficiencies” achieved in the manufacturing process, Reuters reports. Tesla’s Model X and Model S sales performance were areas of key interest during the company’s…
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Aug 05, 4:59AM
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Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency. A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged to surpass $2,000 for…
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Aug 05, 3:37AM
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There has been a wave of startups turning to initial coin offerings, known as ICOs, to raise funding through digital currency and now at least one fund is doing this, too. Science Inc., the LA-based team co-founded by Peter Pham and Mike Jones, which has incubated startups like Dollar Shave Club, DogVacay and Wishbone, is launching a fund for blockchain startups and plans to raise the…
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Aug 05, 3:00AM
Coinbase reverses its stance on Bitcoin cash, Grubhub buys Eat24 for $287.5 million from Yelp and Toyota takes 5 percent stake in Mazda. All this on Crunch Report.
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Aug 05, 12:22AM
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Oculus may be aiming to become the content power house of virtual reality, but it’s still making efforts to play nice with other ecosystems. In a new update rolling out today for PCs, Oculus has added support for launching off-platform titles, meaning most critically, that gamers will be able to access all the available Rift-compatible apps and games in-headset without having to…
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Aug 04, 11:31PM
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Elon Musk has shared a new animation created by SpaceX to demonstrate the planned launch process for its Falcon Heavy rocket, which it hopes to test fly for the first time this coming November. The animation depicts launch of the three-booster heavy rocket, separation of the first and second stages, and the return flight and landing of the three booster cores used to get the rocket to space.
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Aug 04, 11:18PM
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Luis Fonsi’s “Despacito ft. Daddy Yankee” is not only the most-streamed song of all time, it also is the most-watched YouTube video ever, surpassing more than 3 billion views on the Alphabet-owned video site. The previously most-watched video, Wiz Khalifa’s “See You Again” held the crown for just over three weeks, though Despacito’s reign will likely…
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Aug 04, 11:10PM
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Developed by Israel-based OTM Technologies, Phree is a digital pen that you can use to, in the words of the CEO, express yourself anywhere, anytime on any surface. Well, almost any surface. It doesn’t write on glass, and it writes ineffectively on bumpy surfaces like crackers, as demonstrated by Gilad Lederer, OTM co-founder and CEO.
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Aug 04, 11:02PM
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Does the world need more emoji? Probably not. Will it get them? Absolutely. I mean, there’s a whole movie about them now — which, despite getting absolutely wrecked by the critics, still made around $25 million dollars in its opening weekend. Hell, they’ve already started narrowing down which ones will be added in 2018. Here’s the list.
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Aug 04, 10:44PM
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There may be a pretender in your next box of fruit, a fake fruit that tracks temperatures, motion and shocks to ensure your plums are sweet and hard and your peaches are pretty as can be. Created by Empa, the Swiss Federal Laboratories for Materials Science and Technology, the project involves a 3D-printed apple that hides in with all the real apples and contains a number of sensors.…
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Aug 04, 10:41PM
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As we all know, the bee population is declining at an alarming rate, and while the causes are many, the solutions are few. At the very least, beekeepers need to keep an extra-close eye on their hives — which can be difficult when there are a few thousand of them. A Canadian researcher is working on a monitoring system that listens to the buzz and passes on word if things are going south.
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Aug 04, 10:15PM
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If you own a Google Home, you’re already on the cutting-edge of future-dwelling space astronauts who can shout things at their house and have it respond. Want to be even more cutting-edge? Though it hasn’t been formally announced, it looks like Google is working on a Google Home preview program that’ll grant early access to upcoming Home features to those who opt in.
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