Thursday, September 7, 2017

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Square will apply for an industrial loan company license this week

Sep 07, 5:24AM

 There’s been a lot of questions about whether or not Square aspires to become a bank. Now that speculation can be laid to rest. Square will file an application to become an industrial loan company (also referred to as industrial banks) with the Federal Deposit Insurance Corporation. Read More



Apple says its developer service was affected by a bug not a security breach

Sep 07, 4:23AM

 Apple has explained that an issue that briefly affected developer accounts today was caused by a bug and not a security breach as some had speculated. Earlier today (Wednesday), handfuls of reports came in around an anomaly that changed some developers’ home addresses within Apple’s system to a location in Russia. Given recent history, including the hacking of Hilary… Read More



Duolingo launches support for Korean

Sep 07, 4:01AM

 The popular language learning service Duolingo today announced that has launched support for Korean to its iOS and Android apps. This marks the company’s second foray into teaching an Asian language after it launched its Japanese course earlier this year. “Asian languages are the most requested new courses from Duolingo users and fans,” Duolingo software engineer and… Read More



Tech companies automate autocratic media in China around the world

Sep 07, 3:30AM

 When big tech bends its principles to limbo into Chinese markets, it encourages other Western companies and institutions to do so as well. Read More



After scraping Monsanto deal, Deere agrees to buy precision farming startup Blue River for $305M

Sep 07, 3:27AM

 Five months after abandoning its proposed purchase of Monsanto’s precision planting subsidiary due to anti-trust concerns, agricultural equipment giant Deere and Company announced that it will spend $305 million to acquire ag-tech startup Blue River Technology. Founded in 2011 and based in Sunnyvale, Blue River develops machine learning technology for precision farming and counts… Read More



$40 keychain-size detector quickly alerts you of allergens in food

Sep 07, 12:53AM

 If you’re someone with a horrible allergy that’s not often accommodated at restaurants or food producers, taking a bite means taking your life into your hands — or mouth, I suppose. A new device developed at Harvard Medical School may soon let you test food for common allergens instead of using yourself as your own guinea pig. Read More



Yext touts 38% revenue growth as it adds retail locations to search

Sep 07, 12:17AM

 Yext, the company that powers retail location search results, reported its earnings after the bell on Wednesday, its second report since going public in April. The company showed that for the quarter ending in July it brought in $40.8 million in revenue, up 38% from the same period last year. It’s also slightly above the $40.18 million that analysts surveyed by Yahoo! Finance were expecting. Read More



Crunch Report | Apple and Amazon want Bond, James Bond

Sep 07, 12:00AM

Crunch Report Today’s Stories  Apple and Amazon reportedly pursuing James Bond franchise rights U.S. House of Representatives passes new bipartisan self-driving car bill Kobo takes on Audible with its own audiobook subscription service Verizon’s new opt-in rewards program requires users to share personal data for ad-targeting Credits Written and Hosted by: Anthony Ha Filmed and Edited… Read More



Hackers send silent commands to speech recognition systems with ultrasound

Sep 06, 11:58PM

 Security researchers in China have invented a clever way of activating voice recognition systems without speaking a word. By using high frequencies inaudible to humans but which register on electronic microphones, they were able to issue commands to every major “intelligent assistant” that were silent to every listener but the target device. Read More



Given an assist, sports e-commerce giant Fanatics closes that $1 billion round led by SoftBank

Sep 06, 11:29PM

 Fanatics, the 17-year-old, Jacksonville, Fla.-based sports e-commerce company that helps leagues and teams sell their licensed apparel and fan gear directly to customers, has closed on $1 billion in funding led by SoftBank Group’s Vision Fund. Read More



VR company Upload settles sexual harassment suit, though some still feel unsettled

Sep 06, 11:21PM

 Upload, formerly UploadVR, the virtual reality startup at the center of a sexual harassment and wrongful termination lawsuit filed earlier this year, has settled the case with its former employee and is aiming to put the ensuing damage behind it. The lawsuit, filed against the startup and its co-founders by former director of digital and social media Elizabeth Scott, alleged that the company… Read More



Is Symantec getting ready to buy Splunk?

Sep 06, 10:30PM

 Yesterday, Symantec CEO Greg Clark flexed his M&A biceps, saying that Splunk could be an attractive target. Clark definitely plans to go whale hunting to regain Symantec’s long-lost security position. Symantec expects to grow 3-5% in 2018. Compare that to Splunk, which projects to grow upwards of 20% and generate $1.2 billion revenues, and it’s not hard to see why Clark is… Read More



Instagram test feature lets users share Stories straight to Facebook

Sep 06, 10:28PM

 To boost the popularity of Stories, Facebook could turn to its photo-centric sister app. In a new feature test first spotted by the Next Web’s Matt Navarra and Twitter user @mruiandre, some users are seeing an option to share Instagram Stories directly to the main Facebook app. Instagram has since confirmed that the feature is indeed in testing. Read More



Judge dismisses 'inventor of email' lawsuit against Techdirt

Sep 06, 10:28PM

mike masnick A Massachusetts judge has sided with Techdirt, dismissing Shiva Ayyadurai’s $15 million lawsuit against the media company, its founder Mike Masnick and writer Leigh Beadon. The suit centered on Techdirt’s coverage of Ayyadurai’s claim that he is the inventor of email. Read More



Blackmoon to ICO its blockchain-based platform for tokenized investment funds

Sep 06, 9:43PM

 As the Blockchain and Crypto world gathers pace, vehicles to allow for the creation, promotion and management of crypto investment funds are growing. The Iconomi Digital Assets Management Platform enables users to invest and manage various digital assets. Meanwhile, Melonport is building a blockchain protocol for digital asset management, initially built on the Ethereum platform. This is… Read More



Facebook sold more than $100,000 in political ads to a Russian company during the 2016 election

Sep 06, 9:36PM

 Following its April post-mortem on its platform’s role in the 2016 U.S. presidential election, Facebook is out with some juicy new details. Most noteworthy given the public’s intense interest in all things Russian is the fact that potential pro-Kremlin entities apparently purchased as much as $150,000 in political ads on the platform between 2015 and 2017. Read More



You can get your own mini Mars rover for Earth through this new project

Sep 06, 9:23PM

 Mars is a long way away, and super expensive to get to, so if you have the very specific dream of owning your own Mars rover, it’s probably not going to happen. But if you want an EARTH rover, there’s a new Kickstarter project that could deliver one once it reaches its funding goal. Read More



The secret language of chatbots

Sep 06, 9:00PM

 Give a journalist a buzzword and you’ve fed him for a day. Give a journalist a topic to investigate and you feed the industry for years. Especially when the topic is a sci-fi trope like AI. And if massive social upheaval is not enough to scare the public, there is always the robot uprising. The latest episode was an experiment on Facebook that had two chatbots “inventing a… Read More



Ex-GrubHub driver testifies on 'ghost orders' and the acceptance rate hustle

Sep 06, 8:54PM

 On day two of Lawson v. GrubHub, plaintiff Raef Lawson returned to the stand to testify about his experience driving for GrubHub. GrubHub is defending its practices of employing delivery drivers as 1099 contractors. Lawson is seeking reimbursement for underpaid wages, expenses and other damages, which amounts to just $586.56. Read More



The FCC's dangerous proposal to classify mobile as broadband hides a good idea

Sep 06, 8:32PM

 There’s an FCC proposal that everyone is up in arms about, but it’s not net neutrality. Or the privacy thing. Or prison calling reform. This one proposes equating mobile and fixed broadband for the purposes of tracking the health of internet access in America. That’s a bad idea for several reasons — but there’s a good one hiding right next to it. Read More




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