Friday, August 11, 2017

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Crunch Report | Facebook Launches 'Watch' for Original Shows

Aug 11, 3:00AM

Facebook launches Watch Tab, Coinbase raises a $100 million Series D, Consumer Reports pulls its Microsoft Surface recommendation and 500 Startups Australia falls apart. All this on Crunch Report Read More



WeWork acquires Israeli startup Unomy to boost its enterprise sales efforts

Aug 11, 3:00AM

 Global coworking behemoth WeWork is best known for providing flexible office rentals to startups and other small businesses, but enterprise clients are becoming an increasingly large portion of its business. With that in mind, WeWork has acquired Israeli startup Unomy to help its team sell enterprise clients on the idea of opening up offices in its workspaces around the world. Read More



Google's Sundar Pichai cancels internal meeting on gender issues in light of online harassment concerns

Aug 10, 11:25PM

 Google CEO Sundar Pichai was expected to hold an all-hands meeting this afternoon in light of now-former Google engineer James Damore’s post about differences between men and women. Shortly before it was scheduled to start, Pichai sent out a note to employees letting them know it’s cancelled.  Read More



LaterPay brings its media payment technology to the US

Aug 10, 10:35PM

 LaterPay is offering media companies a business model that goes beyond subscriptions and ads. LaterPay is trying to help monetize “the vast space” between subscriptions and ads, allowing publishers to charge for their content on an à la carte basis. That can meaning charging per article or video, or asking users to buy a pass to their site for a limited period of time. Read More



Microsoft announces Windows 10 Pro for Workstations

Aug 10, 10:24PM

 Microsoft today announced a new version of Windows 10 that’s specifically geared toward professional users that use high-end hardware to support mission-critical workloads. As rumored, Windows 10 Pro for Workstations will feature Microsoft’s server-grade file system, support for persistent memory, faster file sharing with SMB Direct and support for high-end hardware. Read More



Amazon could start selling event tickets in the US

Aug 10, 9:46PM

 Amazon might get into event ticket sales, according to a new report from Reuters. The commerce giant has eyed the space, which is largely dominated by Live Nation’s Ticketmaster in the U.S., and found it a space for plenty of potential opportunity, according to the outlet’s sources. There’s definitely wiggle room on the side of consumer experience; Ticketmaster receives plenty… Read More



Snap sold fewer than 42K Spectacles, down 35% in Q2

Aug 10, 9:43PM

 Snap’s Spectacles sunglasses may prove to be more of a fad than a must-have device. Snap revealed during its call following weak Q2 earnings that it generated $5.4 million in “Other” revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses at a $130 price point. Read More



Tetra raises a $1.5M seed round to bring deep learning to voice transcription

Aug 10, 9:35PM

 There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that rely on accurate transcription for their operations. Read More



Snap founders won't sell shares despite plummeting price

Aug 10, 9:19PM

 Snap has an awful Q2 earnings report… but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have agreed not to sell any shares this year, and the company will withhold shares they’re owed to pay for any necessary taxes. Of course, there are only five months left in the year, so this isn’t exactly… Read More



Peru is on a bid to catch up with its innovative Latin American neighbors

Aug 10, 9:00PM

 For the past decade the Peruvian economy has been one of the fastest moving in the region — but it’s apparent Peru’s technology ecosystem is still in its infancy. Economically driven by mining, Peru invests just 0.08 percent of its GDP in innovation. By comparison, Chile invests 0.37 percent. Yet Peru refuses to be left behind. Read More



Teaching startups the art of the sale

Aug 10, 8:30PM

Two men finalising a deal online After building a product, the hardest test a startup faces is finding the first five to ten customers who are willing to bet on you when no one has heard of your company and when your product has yet to be battle-tested.  Read More



CRISPR'd pigs offer hope for the human organ transplant shortage

Aug 10, 8:18PM

 Pig organs are the same size as human organs and function pretty much the same way, but pig to human transplantation has long been an elusive goal for researchers due to fear of activating dormant viral diseases in the pig’s cells. But there’s hope on the horizon, thanks to a new study out in Science today involving CRISPR’d piglets. Read More



Snap sinks as Q2 growth and revenue fall short

Aug 10, 8:13PM

 Snap’s Q2 earnings report was another failure on a long, downward path for the social media company as user growth slowed under the pressure of Instagram. Read More



Benchmark sues former Uber CEO Travis Kalanick

Aug 10, 7:52PM

 Benchmark, the Silicon Valley venture firm and early investor in Uber, has sued former CEO Travis Kalanick. In a Delaware Chancery Court filing, originally identified by Axios’ Dan Primack, the suit alleges that Kalanick committed fraud, breach of contract and breach of fiduciary duty. Both Kalanick and Benchmark hold Uber board seats. Read More



Backblaze's unlimited backup service increases upload and restore speeds, adds file sharing and more

Aug 10, 7:23PM

 Backblaze is one of the few unlimited backup services standing — in part because of its prowess in securing its own hard drives and building its own cloud services. Today, the company launched version 5.0 of its service and desktop clients. This new version introduces faster backups and restores, as well as improved browsing speed, image previews on the restore page and a new file… Read More



8 ways to fix Snapchat

Aug 10, 7:10PM

 Snap’s cool factor is wearing off. It needs new ways to entertain teens and score ad dollars. That means challenging some of its deepest-held philosophies about who Snapchat is for and how it works. From changing its feed to seducing influencers to fighting Facebook, here’s what we think Snap needs to do. Read More



PayPal to acquire Swift Financial to bolster small business lending

Aug 10, 6:29PM

 Global payments processing company PayPal announced this morning that it has agreed to acquire Swift Financial, which provides small business owners with working capital. Terms of the deal were not disclosed, but the acquisition will give PayPal better tools to expand its own Working Capital product. Read More



These 10 tech companies are doing the best at diversity, according to Comparably

Aug 10, 6:00PM

 It’s been quite a week in tech, with now-former Google engineer James Damore’s controversial post about gender going viral and his subsequent firing. So, right on cue, workplace culture and company review platform Comparably has come out with a ranking of the top 10 tech companies for people of color, as well as the top 10 for women. Read More



Uber's Ryan Graves leaving SVP role to focus on board position

Aug 10, 5:13PM

 Uber SVP of Global Operations will be leaving that full-time senior leadership role in the middle of September to “focus” on his role as a director of Uber’s board. Graves, who acted as Uber’s CEO from early 2010 until founder Travis Kalanick took over the position at the end of that year, had been seen as a close associate of Kalanick’s over the course of his… Read More



SoundCloud faces do-or-die vote by investors

Aug 10, 5:11PM

 SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40% of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million. That’s a steep drop from the $700 million valuation of its previous rounds. Read More




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