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Primer helps governments and corporations monitor and understand the world's information
Oct 24, 8:30AM
When Google was founded in 1998, its goal was to organize the world’s information. And for the most part, mission accomplished — but in 19 years the goal post has moved forward and indexing and usefully presenting information isn’t enough. As machine learning matures, it’s becoming feasible for the first time to actually summarize and contextualize the world’s… Read More
The Cloud Native Computing Foundation adds two security projects to its open source stable
Oct 24, 7:01AM
The Cloud Native Computing Foundation (CNCF) is probably best known for being the home of the Kubernetes container orchestration project, but there plenty of other projects that now fall under the organization’s umbrella. All of them focus on bringing the kind of modern cloud-native tooling that companies like Google, Microsoft, Facebook and others take for granted to a wider range… Read More
Blickfeld scores $4.25M seed round to let autonomous vehicles 'see'
Oct 24, 7:00AM
Blickfeld, a Munich-based startup developing a low-cost light detection and ranging (LiDAR) system to let autonomous vehicles “see,” has raised $4.25 million in seed funding. Read More
Report: Airbnb just lost the person it recently installed to head up its China business
Oct 24, 5:58AM
China is a tough nut to crack, no matter how much money U.S.-based companies have to throw at it. That’s the overarching takeaway tonight, given the news — first reported by Bloomberg — that Hong Ge is abandoning his post as the head of Airbnb’s China business for a new, as-yet-undisclosed opportunity. Why does the departure matter? For starters, Ge was appointed to… Read More
iAdvize raises $37.6 million for its customer engagement platform
Oct 24, 5:01AM
French startup iAdvize raised another $37.6 million (€32 million) from Idinvest, Bpifrance and Quadrille Capital. The company wants to convert casual website visitors into clients. Thanks to iAdvize, companies can track what you’re doing and engage with you to convince you that you should open a bank account, buy a coat or upgrade your subscription. With today’s funding round,… Read More
Singapore to cap number of cars allowed on roads from 2018
Oct 24, 4:51AM
Cars congesting roads is a problem in just about every major urban center around the world, but some areas are worst in this regard than others. Singapore is one of those, and it’s going to do something about it – the government there has announced that it will cut the annual growth rate of cars and motorcycles allowed on roads in the country from 0.25 percent to zero starting… Read More
Microsoft drops lawsuit after DOJ limits use of gag orders when accessing customer data
Oct 24, 4:47AM
Microsoft said it will drop its lawsuit against the Department of Justice over gag orders placed on companies that prevent them from telling customers when their personal data has been accessed by investigators. Its decision comes after the DOJ issued a new binding policy that requires prosecutors to give more detailed reasons when applying for a gag order and makes it much harder to seek one… Read More
Automated video creation startup Wibbitz raises $20M
Oct 24, 4:00AM
Wibbitz, which uses artificial intelligence to create short videos based on text news stories, has raised $20 million in Series C funding. The money comes from some of big names in the media world, with Bertelsmann Digital Media Investments (a subsidiary of German media conglomerate Bertelsmann) leading the round and participation from The Weather Channel, The Associated Press and TF1.… Read More
Crunch Report | Cisco Buys BroadSoft for $1.9 Billion
Oct 24, 3:00AM
Today’s Stories Cisco scoops up BroadSoft for $1.9 billion to boost communications tools portfolio WeWork acquires Flatiron School Essential Phone gets a $200 price drop, existing customers get credit Credits Written by: Tito Hamze Hosted by: Tito Hamze Filmed by: Tito Hamze Edited by: Chris Gates Notes: I don’t know what to wear on Crunch Report (It’s a hard decision and… Read More
Authentication now comes with a wave of your hand
Oct 24, 12:30AM
Under the nom de guerre of Redrock Biometrics, two former Leap Motion execs are waging war on the world’s legions of identification cards, pin numbers, passwords, and voice identification technologies with a combination of off-the-shelf hardware and proprietary software to identify palm-prints to verify user identity. Read More
The dream of customizable virtual 3D foliage is alive at Disney
Oct 23, 11:35PM
Oh, to work at Disney, to have a hand in creating those lusciously detailed 3D worlds, every character lovingly rendered, every animal sidekick unique and hilarious, every tree… filled with leaves. Designed and placed individually. In movies that take place in forests. There has to be a better way. What if you could just 3D scan some leaves and then tweak them to your liking? Read More
Facebook downplays test banishing all Pages to buried Explore Feed
Oct 23, 11:17PM
Facebook has caused a 60-80 percent drop in referral traffic to news outlets in six countries due to a test that removed Page posts from the News Feed and relocated them to a separate, hard-to-find Explore Feed. But now Facebook’s VP of News Feed writes “We currently have no plans to roll this test out further.” Read More
Call to tighten UK law over data breaches
Oct 23, 11:01PM
Consumer group Which? is unhappy with the U.K. data protection bill and has called on the government to amend the draft legislation to allow third-party organizations to seek collective redress for data breaches on behalf of consumers. Read More
Facebook research automatically creates an avatar from a photo
Oct 23, 10:25PM
Creating avatars. Who’s got time for it?! Computers, that’s who. You’ll never have to waste another second selecting your hair style, skin tone or facial hair length if this research from Facebook finds its way into product form. Read More
Shift Technology raises another $28 million to prevent fraudulent insurance claims
Oct 23, 10:01PM
Shift Technology is raising a Series B round of $28 million from Accel and General Catalyst. Accel had already led the company’s previous round. Existing investors Elaia Partners and Iris Capital are also participating in today’s round. Read More
Amazon Wine is shutting down
Oct 23, 9:37PM
Amazon Wine is shutting down at the end of this year, the retailer has just alerted sellers via email. The issue at hand has to do with the existing laws surrounding alcohol sales, which Amazon has unsuccessfully tried to change by working with regulators. The existing laws make it difficult for Amazon to sell alcohol as a retailer and operate a marketplace. Read More
N26 announces plans to launch in the US by mid-2018
Oct 23, 9:01PM
European fintech startup N26 has plans to expand beyond Europe. The company’s co-founder and CEO Valentin Stalf is announcing today at the Money20/20 conference that N26 is going to launch in the U.S. around mid-2018 and has hired a handful of people who are already working in New York. Read More
Representative asks internet CEOs to explain 'absurd' content policies
Oct 23, 8:32PM
Facebook, Google and Twitter are under great scrutiny lately for their rather inconsistent approaches to moderating content on their platforms, and Representative Frank Pallone (D-NJ) is the latest to take them to task. Calling the results of the various undocumented policies “absurd,” he summoned the companies’ CEOs for a talk on the topic. Read More
Snapchat dangles referral traffic with link sharing from other apps
Oct 23, 8:22PM
In an update to Snapchat’s iOS app today, Snap began rolling out two important new features. You now can share links from other apps via the iOS share sheet, and rather than just turning live location sharing on or off permanently, you now can opt to hide in “Ghost Mode.” Read More
The second episode of 'Bubbleproof' focuses on an investor left in the dark
Oct 23, 7:00PM
Bubbleproof is a mockumentary web series following Michael Fertik and David Cowan (as played by their real-life founder/VC counterparts) as they try to navigate a new venture. In this second episode, Fertik (founder of “Femto Management,” a company that takes micro management to an extreme) surprises his colleagues by announcing an entirely new focus; meanwhile Cowan,… Read More
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