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Zuckerberg asks forgiveness, but Facebook needs change
Oct 01, 7:50AM
“For the ways my work was used to divide people rather than bring us together, I ask forgiveness and I will work to do better” Mark Zuckerberg posted to Facebook tonight on Yom Kippur, the Jewish day of atonement. Yet first Facebook must redeem itself by recognizing how its dewy-eyed trust in the world can be abused. Zuckerberg has recently faced stern criticism from liberals… Read More
Apps for helping with homework
Oct 01, 3:52AM
School’s back in session, which means homework’s back, too! But don’t fret about those tests, there are plenty of apps to help make prepping easier. TechCrunch tested out the study aids and here are our favorites. Photomath Some people are naturally great at math. Others need a little more assistance. Yet everybody could benefit from some practice. Photomath is an app for… Read More
Artificial intelligence is about the people, not the machines
Oct 01, 2:49AM
It takes money to make money and right now a lot of that money is going into the development of artificial intelligence. Ray Dalio explains the importance of understanding and how he and his hedge fund, Bridgewater Associates, is approaching the technological shift. Read More
Where human intelligence outperforms AI
Sep 30, 10:30PM
With every new trend comes a counter-trend. And so despite the current excitement over the wonders of artificial intelligence, one company is betting that human intelligence can still deliver solutions for businesses that AI cannot hope to match. Article One Partners (AOP) is a crowdsourced network of over 42,000 researchers in 170 countries — 42% of whom have graduate degrees in a… Read More
Corporate sustainability must give way to corporate responsibility
Sep 30, 10:30PM
To successfully address the unprecedented man-made environmental crises we face, it’s time to retire the word sustainability. Read More
Gillmor Gang: The Black Album
Sep 30, 10:11PM
The Gillmor Gang — Doc Searls, Denis Pombriant, David Weinberger, Frank Radice, and Steve Gillmor. Recorded live 9.30.17. Cluetrain meets Blockchain, Twitter and the death of brevity, Who are the arbiters? G3: Algorithm and Blues — Francine Hardaway, Elisa Camahort Page, Mary Hodder, Kristie Wells, and Tina Chase Gillmor. Social media, Facebook and the Russians, bad algorithms,… Read More
Defakto's Vektor strikes a great balance as a minimalist, slim automatic watch
Sep 30, 7:10PM
Defakto is a small German watchmaker that has made a name for itself over the years thanks to the unique, but classic designs it boasts thanks to mark founder Raphael Ickler. The latest watch from Ickler and Defakto, the Vektor, continues this tradition of smart, minimalist looks, but adds a very slim case thanks to use of a Miyota 9015 automatic Japanese movement, and brings some extra… Read More
Thinking about the social cost of technology
Sep 30, 5:04PM
All too often the fact that human lives are increasingly enmeshed with and dependent on ever more complex, and ever more inscrutable, technologies is considered a good thing. Negatives don’t generally get dwelled on. And for the most part people are expected to move along, or be moved along by the tech. Read More
Motiv's fitness ring is simple, but surprisingly capable
Sep 30, 3:56PM
When Motiv told me what they were working on just ahead of CES, I perked up. It wasn’t the functionality — there are a million trackers out there that do what the device does and much more. It was the potential the product represents — the beginnings of liberation from the tyranny of the wrist. It’s easy to understand why so many companies are so attached to that… Read More
AI hype has peaked so what's next?
Sep 30, 1:30PM
2017 has been the year of AI, reaching a fever pitch of VC and corporate investment. But, as with any hot technology, AI is outgrowing this phase of experimentation and hype. According to research firm Gartner, we’re past the “peak of inflated expectations.” Next up is a necessary recalibration of the space—one that will separate the winning AI-driven companies from all… Read More
Crunch Report | Using SpaceX Spaceships to Travel on Earth
Sep 30, 3:00AM
Elon Musk plans to use SpaceX spaceships for travel on Earth, Apple has quietly acquired Regaind and South Korea decides to ban ICOs. All this on Crunch Report. Read More
The SEC has charged two initial coin offerings with defrauding investors
Sep 30, 12:31AM
The Securities and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and… Read More
Travis Kalanick appoints Ursula Burns, John Thain to Uber's board
Sep 30, 12:21AM
Former Uber chief Travis Kalanick has appointed two more people to the ridesharing company’s board. One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox. The other is going to John Thain, who has served as CEOs of CIT Group, Merrill Lynch and the New York Stock Exchange. A spokesperson for Kalanick provided us with the following statement: “I am happy to… Read More
StackCommerce buys Joyus to focus on video and expand into fashion, shopping and beauty
Sep 29, 11:57PM
StackCommerce, which sells articles sponsored by brands and published on websites, has acquired the online video marketing company Joyus in an all cash transaction to expand its advertising footprint in media targeting women and work more with online video. The media market for fashion, women’s health, and shopping is a new one for StackCommerce which has worked closely with websites… Read More
Building a Series A SaaS valuation estimator (2017 edition)
Sep 29, 9:00PM
I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More
Roku nearly doubles since IPO, up another 13% on day two
Sep 29, 8:55PM
Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Read More
Some VCs want to jump into ICOs, but a host of challenges remain
Sep 29, 8:35PM
Venture capitalists are in a pickle. Companies have raised more than $1.7 billion through initial coin offerings, or ICOs, this year by selling their own customized virtual currencies. For the companies, the trend is a godsend. They can raise the money and use it to fuel new projects without having to give away a piece of their company to venture capitalists. Meanwhile, both accredited and… Read More
Researcher Emilio Ferrara talks about the rise of fake news and botnets
Sep 29, 8:03PM
Emilio Ferrara has been thinking about botnets for over a decade. As the first social networks climbed out of the mire, he noticed that they were very easy to game. Now, it seems, all of those early tools have finally been weaponized. I spoke to Ferrara about his research work as well as his fascinating study that found that Twitter bots can be used for good. In this episode of Technopia we… Read More
Former Oracle employees sue company for alleged pay discrimination
Sep 29, 7:51PM
Three female, former Oracle employees, Rong Jewett, Sophy Wang and Xian Murray, are suing Oracle for allegedly paying women less than men in similar jobs. The lawsuit, filed August 28, seeks a class-action status to represent all other women who have worked at Oracle. Read More
It's time to give Firefox another chance
Sep 29, 6:02PM
If you’re like me, you switched your default browser over to Chrome years ago and never looked back. Chances are, before you made the switch, you used Firefox or Internet Explorer. What made Chrome stand out back then was its speed and simplicity, especially at a time when Firefox felt like it was getting slower and heavier with every update. But times have changed. Read More
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