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Aug 22, 5:28AM
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Geoff Lewis has left Founders Fund, where he was partner, and is starting a venture fund of his own. This means he’ll no longer be working with Peter Thiel, directly anyway. Founders Fund will be one of his LPs. The news was first reported by Bloomberg, which said that he intends to raise more than $100 million for the new fund. We understand that the exact amount has not been…
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Aug 22, 4:47AM
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While talk of Spotify’s apparent upcoming IPO continues in the U.S., the music streaming service is furthering its coverage of Asia after it launched its service in Thailand. Spotify Premium, which counts over 60 million paying users, will cost 129 THB in Thailand. That’s just over $4 and in line with its pricing across Asia. Customers in the U.S. and UK will be aware that it…
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Aug 22, 3:17AM
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Biotech and artificial intelligence have emerged as the top startup trends at Y Combinator‘s 25th Demo Day. The 124 companies presenting at the entrepreneur school’s twice-yearly graduation event compose YC’s largest batch from its 12.5 years running. YC partner Michael Seibel kicked off the event by reiterating the accelerator’s commitment to advancing diversity in…
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Aug 22, 3:00AM
Google pays Apple lots of money for search, Uber’s next CEO could possibly be Jeff Immelt, Volkswagen electric Microbus is going on sale in 2022 and the Tesla Model X beat a Lambo in a drag race. All this on Crunch Report.
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Aug 22, 12:21AM
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Wal-Mart Stores Inc. is taking on Amazon in what appears to be a copycat move — by applying for a drone-deploying blimp patent. You may recall about a year ago Amazon filed a patent for a flying warehouse that will send drones to your door. Now Walmart wants in on Amazon’s idea.
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Aug 22, 12:19AM
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From his time working as the wunderkind pollster for Barack Obama’s 2008 presidential campaign to the launch of his new startup, Elucd, Michael Simon has believed in the power of community feedback. At Elucd, which is graduating from the latest batch of Y Combinator startups, Simon is looking to take the skills he’d honed on the campaign trail and apply them to one of the…
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Aug 21, 11:24PM
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Blue Apron just can’t catch a break. The cooking kit company has seen its share price nearly cut in half since its late June IPO and now it could be in legal trouble, too. Now law firms are coming after the company with proposed class-action lawsuits, alleging that Blue Apron failed to adequately disclose material information. There are allegations that Blue Apron misrepresented its…
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Aug 21, 10:40PM
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Luis Fonsi & Daddy Yankee have nothing on Bonnie Tyler and her classic song Total Eclipse of the Heart. And today that hit song from 1983 is on top of the iTunes charts, eclipsing (thank you) Despacito claim the number one song. The timing shouldn’t be a mystery. Tyler’s hit is perfect for #eclipse2017, which swept across the United States today leaving burning eyes and…
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Aug 21, 10:00PM
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CNN is launching its own daily news program on Snapchat. This is the second news show to arrive on the social platform, following NBC News’ early success with its twice-daily show “Stay Tuned.” CNN’s program, dubbed “The Update,” will differ in that it only runs once per day. However, breaking news will be delivered as it occurs.
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Aug 21, 10:00PM
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Going viral is central to technology and business today, but one of its most pernicious consequences should get more attention than it does: the virally contagious nature of unethical behavior. Given the risk of viral ethics, a key question for decision-makers is how to minimize the potential for — and mitigate the effects of — the contagion of unethical behavior in their…
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Aug 21, 9:17PM
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OK, perhaps the events of the last few months have only moved the needle a bit, but the fact remains that we take a heck of a lot of pictures of ourselves with our hands covering our faces. And it turns out that’s a fairly serious problem for facial recognition.
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Aug 21, 9:16PM
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May Mobility is a startup making its official debut at Y Combinator’s demo day on Monday, focused on offering autonomous driving technology that companies with commercial fleets will be able to use in the near-term, not a decade from now. But the startup, while young, actually has a decade of experience, thanks to a team that’s been working on autonomous tech since the third…
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Aug 21, 8:55PM
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Sometimes the most obvious solutions might be the best. While the U.S. wrings its hands over what to do with online haters and abusers on social media, other countries have a more direct approach: throw the book at them. That’s effectively the U.K.’s new approach, which will now treat online “hate crime” as seriously as offences carried out in real life.
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Aug 21, 8:10PM
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Donald Trump wore proper safety glasses to look at the solar eclipse that crossed the U.S. today — at least at first. Near the end of his viewing, the president seems to have forgotten why he was wearing those stupid glasses to begin with.
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Aug 21, 8:05PM
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Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs.
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Aug 21, 7:51PM
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If you’re “hungry” for Android Oreo (this is a great joke, what are you talking about), AND you have one of a very small list of compatible devices, you can get it right now. You’ll need either a Nexus 5X, Nexus 6P, Pixel, Pixel XL, Pixel C or Nexus Player to partake, and a somewhat adventurous spirit — though it’s a far less risky process than it once was.
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Aug 21, 7:41PM
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Google officially just took the wraps off of Android Oreo, but there are still some questions left to be answered — most notably, precisely when each device will be getting the latest version of the mobile operating system. Due to Android’s openness and a variety of different factors on the manufacturing side, it’s not an easy question to answer, but we’ll break it…
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Aug 21, 6:58PM
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Google just announced Android Oreo and it packs a handful of new features. Some are at the system level and speed up the system and extend the battery life, while others are features that will change the way users interact with their phone.
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Aug 21, 6:53PM
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Facebook is giving its “Safety Check” feature a permanent home in its app and on the desktop, the company announced today. The feature, which lets you check to see whether friends and family are safe following a crisis, will now have its own dedicated button in the app’s navigation menu and will be available via the Facebook website on the desktop.
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Aug 21, 6:53PM
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The newest version of Android (Oreo, officially) doesn’t bring a ton of new stuff to the mobile operating system, but it does overhaul something near and dear to most smartphone user’s hearts: Emoji.
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