Wednesday, November 29, 2017

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GE Ventures unveils new blood collection startup Drawbridge Health

Nov 29, 11:00AM

 Drawbridge Health wants to make it easier for doctor’s offices and clinics to collect small samples of your blood for testing on site with a handheld device. The device uses proprietary technology to collect and stabilize just a few drops of blood for various tests like hormone levels, genetic testing, monitoring disease and other things patients normally have to get done at an outside… Read More



Chinese electric vehicle maker NIO more concerned with user experience than rival Tesla

Nov 29, 10:16AM

 Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Visitors to the TechCrunch Shanghai even this week were greeted with a sleek silver high-performance car at the entrance. It’s right there above these words at the start of this article. This is EP9 produced by NIO, the Chinese electric carmaker with over $2 billion in… Read More



Pixelmator Pro wants to be the Photoshop killer on macOS

Nov 29, 10:01AM

 The team behind Pixelmator is releasing a brand new app today called Pixelmator Pro. As the name suggests, it is a more powerful, refreshed version of the company’s original image-editing app. You can buy it today for $60 on the Mac App Store or try it for free. I’ve been using the app for a couple of days, and it excels where the original Pixelmator used to excel. It is a fully… Read More



InsurTech Gateway is a new insurance tech accelerator backed by Hambro Perks

Nov 29, 10:00AM

 In what appears to be a first, at least in the U.K., InsurTech Gateway is an FCA-authorised insurance broker in its own right. This, it reckons, should dramatically cut down the time it takes for the startups it backs to launch new and innovative products. Read More



Uber's losses grew to $1.5 billion last quarter

Nov 29, 8:56AM

 Uber has given its shareholders an update on the company’s performance and it’s definitely in the red. The global ridesharing company lost $1.46 billion in just the third quarter. This compares to negative $1.06 billion in the previous quarter. But net revenue also went up from $1.66 billion to $2.01 billion. Gross bookings grew to $9.71 billion, versus the $8.74 billion in the… Read More



Will Interswitch still be the company that brings Sub-Saharan Africa its big tech windfall?

Nov 29, 8:05AM

 Nearly two years later, neither Interswitch nor any other VC backed African tech company that began in startup phase gone public. What happened? Read More



Microsoft announces huge expansion to 'modernize' its Redmond HQ

Nov 29, 7:49AM

 Microsoft has announced a massive expansion plan aimed at modernizing its headquarters in Redmond, Washington. Unlike fellow Washington-based tech giant Amazon, which is seeking a second HQ in a new location, Microsoft is building on existing ground in order to “grow right here at home.” Its current Redmond Campus includes 125 buildings that house a workforce of around 48,000,… Read More



AWS launches GuardDuty, its new intelligent threat detection service

Nov 29, 5:48AM

 Amazon’s AWS cloud computing division today announced a new threat detection service that aims to help the company’s users safe from potential security threats. The service applies machine learning to identify threats (think an EC2 instances that starts mining Bitcoin without your knowledge or an instance that launches in a region you’ve never used before) and then… Read More



AWS launches bare metal instances

Nov 29, 5:09AM

 AWS, Amazon’s cloud computing division, today announced its long-awaited bare metal instances for its EC2 service. With bare metal, you get direct access to the hardware and access to virtually 100 percent of the hardware’s resources without any major overhead. They also allow AWS users to run their own virtualization stacks, which also gives them more control over their cloud servers. Read More



Uber inks its first mobile wallet deal in Southeast Asia

Nov 29, 4:49AM

 Seeking to rise to increased competition, Uber has inked its first payments deal in Southeast Asia after it announced a partnership with Vietnam-based mobile wallet service Momo. Momo, which raised $28 million led by Standard Chartered last year, will become a payment option inside the Uber app in Vietnam, alongside cash and credit cards. The app is the country’s top mobile payment… Read More



Crunch Report | Cyber Monday Results

Nov 29, 4:00AM

WeWork buys Meetup, Airbnb now lets you split the bill and the financial results from Cyber Monday. All this on Crunch Report. Read More



SoftBank says that Benchmark and Menlo intend to sell Uber shares

Nov 29, 3:15AM

 SoftBank Group has confirmed that it has found likely sellers for the tender offer for Uber’s shares, which launched tonight. These are the shares from existing shareholders that will be sold at more than a 30% discount to Uber’s last private round.  The Japanese investment firm provided us with the following statement. “SoftBank and Dragoneer have received indications… Read More



One bitcoin is now worth $10,000

Nov 29, 2:42AM

 It happened. One bitcoin is now worth $10,000. The milestone was hit on international exchanges earlier in the day (where prices are normally a few percent higher) and was just crossed on U.S exchanges like Coinbase and Gemini a few minutes ago. This comes two days after bitcoin hit $9k, and eight days after it crossed $8k. This $10,000 marks a bull rally essentially never before seen in… Read More



Canadian hacker pleads guilty in huge Yahoo hack case

Nov 29, 12:40AM

 A Canadian citizen has pleaded guilty to aiding Russian intelligence officers in a 2014 hack of Yahoo that exposed as many as 500 million accounts. The defendant, 22-year-old Karim Baratov, is the only arrest to come out of the Yahoo hack as the three other individuals facing charges live in Russia, which obviously has no interest in extraditing them to the United States. Read More



Samsung buys another AI company as it continues to build out Bixby

Nov 29, 12:25AM

 It’s true that Bixby didn’t have the most auspicious of debuts when it rolled out on the Galaxy S8 earlier this year, but Samsung’s clearly got big plans for its smart assistant. Late last year, the company picked up Viv, the new assistant from the folks behind Siri — an acquisition that occurred too late to have a major impact on Bixby ahead of release. The consumer… Read More



MIT's new desktop 3D printer technology increases speeds up to 10x

Nov 29, 12:07AM

 There are plenty of reasons desktop 3D printing never really took off with consumers. Speed isn’t the main one, but it’s certainly up there. Mind you, this research is still probably a few years away from production, but a team of engineers at MIT have shown off a 3D printer capable of creating builds up to 10 times the speed of their consumer counterparts. Read More



Shonda Rhimes talks move from network TV to Netflix

Nov 28, 11:31PM

 When Shonda Rhimes, the creator of network hits like Scandal, Grey’s Anatomy and How to Get Away with Murder, announced her new contract with Netflix, it marked yet another win for the digital media world. TechCrunch recently sat down with Rhimes to hear what we can expect to see from her on Netflix, the importance of diversity and inclusion and media, and more. Read More



Sequoia, Tencent, TPG look to invest in Uber alongside SoftBank

Nov 28, 11:05PM

 It’s not just SoftBank and Dragoneer that are looking to buy Uber shares from the employees and other shareholders when the tender offer launches, likely later today. Sources tell us that Sequoia Capital is looking to increase its stake in Uber this way. The other investors on the list include Tencent and TPG. Read More



FCC's Ajit Pai: 'When it comes to an open Internet, Twitter is part of the problem'

Nov 28, 10:49PM

 FCC Chairman and net neutrality eliminator-in-chief Ajit Pai has thrown Twitter and other online services under the bus in order to show that it’s not just broadband providers that can exert control over internet content. “When it comes to an open Internet, Twitter is part of the problem,” he explained. “The company has a viewpoint and uses that viewpoint to… Read More



AWS rolls out AppSync to enable offline app usage

Nov 28, 10:49PM

 As part of its victory lap extravaganza in Las Vegas as the dominant web hosting platform, Amazon Web Services today launched a new service, AppSync, which allows applications hosted on the service to work even if they’re offline. Read More




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