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When $100BN is not enough… Softbank is planning Vision Fund sequels
Oct 20, 8:03AM
Softbank looks to be preparing follow on raises to its first ~$100BN Vision Fund. Speaking to Nikkei today CEO Masayoshi Son said: “The Vision Fund was just the first step, 10 trillion yen is simply not enough… Read More
Let CrunchMatch curate your Disrupt Berlin experience
Oct 20, 8:01AM
TechCrunch Disrupt events are famous for attracting the best and brightest minds the tech world has to offer. This December, Disrupt Berlin will be rife with opportunity both for startup founders and venture capitalists. The tricky bit is finding the right fit amidst hundreds of companies and thousands of attendees. That’s why we created CrunchMatch. Read More
Crunch Report | Lyft Raises $1 Billion
Oct 20, 3:30AM
Lyft raises $1 billion at an $11 billion valuation, Swedish lock maker Assa Abloy acquires August Home, MongoDB up 34% on stock market debut and Facebook is testing paywalls for Instant Articles. All this on Crunch Report. Read More
Madison Reed just raised another $25 million to open hair color bars across the U.S.
Oct 20, 12:38AM
You get to a certain age, and if you’re remotely vain (and let’s face it, you are), you need to have your hair colored fairly frequently. You’re hardly alone. Roughly 75 percent of women in the United States color their hair, which today adds up to an $18 billion opportunity for brands like L’Oréal and Clairol. It used to look that way, anyway. Eating into a… Read More
Google's AVA data set raises the bar for identifying human actions in videos
Oct 19, 11:59PM
Today Google announced a new labeled data set of human actions taking place in videos. That may sound obscure, but it’s a big deal for anyone working to solve problems in computer vision. Read More
18 pessimistic opinions on the next 10 years of fake news (and 5 optimistic ones)
Oct 19, 11:55PM
A topic like fake news (more broadly the question of trust and verification on the internet) is a complex one. Sometimes you just have to poll the room and get a feel for what people are thinking before drawing any conclusions. That’s what Pew Internet did, contacting thousands of experts in tech, internet, and social policy and asking how they thought things would go. They were not… Read More
Adobe wants to let you draw data visualizations by letting you draw data visualizations
Oct 19, 11:32PM
Every year at its MAX conference, Adobe shows off a couple of interesting prototypes that may or may net end up in one of its products. This year is no exception as the company highlighted 11 projects from its labs today. These included Project Lincoln, a tool that everybody who has ever tried to visualize data would surely welcome with open arms. Read More
Studio makes running more exciting with coaching, music and competition
Oct 19, 11:28PM
Jason Baptiste wants you to run — Studio is all about “turning fitness into entertainment,” while also making sure you get a good workout. Read More
Palmer Luckey's new defense company Anduril looks interested in AR and VR on the battlefield
Oct 19, 10:37PM
Palmer Luckey’s new defense startup Anduril has aspirations well beyond a high-tech border wall. According to new information on the company’s website and its hires, Anduril intends to apply its virtual reality pedigree to “real-time battlefield awareness for soldiers,” among other defense-centric specialties. Read More
Twitter bans 'Hateful Display Names' and shares Safety road map
Oct 19, 10:23PM
Twitter has committed to a specific timeline for rolling out changes to its Safety features, and announced new policies, including a ban on hateful display names, and improvements for second-hand “witness reporting” of abuse. By January, Twitter plans to have implemented all the abuse changes outlined in the internal email published by Wired earlier this week, as well as the new… Read More
Quest to depict CG sperm leads to real biological advances
Oct 19, 10:12PM
An effort to make a 3D animated sperm for a short film has ended up producing a model of unprecedented detail and considerable scientific value. If you were ever curious what goes on inside those things, this is probably the best depiction yet. Read More
What washing dishes, driving a truck and working in a cemetery taught me about the power of 'blue-collar' software
Oct 19, 10:00PM
I work in VC. But it wasn’t long ago that I stocked shelves, drove a truck, washed dishes, waited tables and even hauled dirt at a cemetery. This isn’t the usual route to a job in tech and VC, but it opened my eyes to a corner of the tech world I think has the chance to create the next Salesforce, Oracle or LinkedIn: software targeting those who do their jobs outside corporate offices. Read More
Here's everything Adobe announced at its MAX conference this week
Oct 19, 9:58PM
Adobe is hosting its MAX conference this week in Las Vegas, and even though the company has long moved to a subscription model with regular updates, it still uses the event to launch its most important updates and new products. Here is our rundown of the biggest announcements, which range from new tools for designers, a completely new version of Lightroom and a few crazy experiments. Read More
Atlassian is on one heck of a run
Oct 19, 9:15PM
When Atlassian went public at the end of 2015, it was a bit of an anomaly: a tech IPO whose numbers looked quite good with some profitability. It’s been almost two years since that IPO, and since then, the company’s valuation is at around $9 billion. The company popped 32% on its first day and hit a valuation of $5.8 billion. A lot of that is thanks to an insane run this year so… Read More
Facebook attacks Pinterest with 'Sets' of posts
Oct 19, 9:08PM
Identity is prismatic. You show different sides of yourself to different friends in your life. Now Facebook wants to let you share the niches of your interests while stealing thunder from Pinterest’s boards. Facebook is now testing a feature called Sets that lets you select several status updates, photos or videos and share them as a themed collection to everyone or specific friends. Read More
Nintendo nabs two-thirds of monthly game hardware sales thanks to Switch
Oct 19, 8:47PM
Nintendo has managed to lead the industry in video game hardware sales – by a wide margin – for September, which is a very promising sign going into the holiday shopping season. The Nintendo Switch helped this immensely, leading the industry as the top-selling console for the third straight month, and the fifth month overall since its introduction seven months ago. Switch’s U.S. Read More
Amazon's original Echo gets a much-needed upgrade
Oct 19, 8:31PM
It’s been nearly two full years since the first Echo was made available to Amazon Prime subscribers. In that time, the company added six new members to the Echo family (seven if you count the Tap, which Amazon kind of, sort of does) — and in the case of the Echo Dot, did one full product refresh. Google entered the space in a big way with Home, and both Apple and Microsoft have… Read More
PayPal's quarter exceeded expectations across the board
Oct 19, 8:19PM
PayPal, the digital payments company, shared its growing financials after the bell on Thursday. Shares ticked up about 4 percent in initial after-hours trading. Read More
Stitch Fix has filed for an IPO, and the numbers look good
Oct 19, 8:19PM
Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a six-quarter streak of positive net income. We talk a lot about companies… Read More
MongoDB finishes up 34% in database IPO
Oct 19, 8:03PM
New York-based MongoDB went public on the Nasdaq on Thursday, finishing the day at $32.07, up 34 percent above its IPO price of $24. This is also above the proposed range of $20 to $22, which had been increased from $18 to $20. Read More
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