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Uber accused of espionage, bribery and hacking by former employee
Dec 16, 4:46AM
The $1.86 billion legal battle between ride-hailing giant Uber and Alphabet’s self-driving unit Waymo reached a pivotal moment today as the judge in the case released a damning letter based on the account of a former Uber employee. The letter alleges that a special division within Uber was responsible for acts of corporate espionage, the theft of trade secrets, the bribery of foreign… Read More
Crunch Report | Go-Jek Buys Three Startups
Dec 16, 4:00AM
Go-Jek buys three startups, the California Department of Public Health warns against being on your phone for too long and AOL Instant Messenger is officially dead. All this on Crunch Report. Read More
Celebrity hologram startup 8i to lay off half its staff
Dec 16, 1:11AM
8i, the New Zealand and Los Angeles-based augmented reality startup bringing celebrity personalities into immersive experiences, is laying off about half of its 70-person staff, according to a report in Variety and confirmed by the company. “Although we’ve made significant progress, we are continuously challenging our assumptions about where the AR/VR market is headed and how it… Read More
Feds look to cash in seized bitcoins at record prices
Dec 16, 12:30AM
Federal prosecutors are looking to unload 513 bitcoins seized as part of a drug case in Salt Lake City. Worth about $500,000 when they were seized, their worth has now ballooned to over $8.5 million — and there’s no way the feds are letting that get away. Read More
Google kills its Tango augmented reality platform, shifting focus to ARCore
Dec 15, 11:18PM
Google announced today that it’s shutting down its high-end smartphone augmented reality platform, Tango, in order to focus on the more mass market ARCore product. The company had already confirmed this much to us when they announced ARCore in August, but now we have an official timeline for Tango’s demise. Read More
Broadband business Casa Systems up 11% following downsized IPO
Dec 15, 9:34PM
Casa Systems had a tough time pulling off its IPO this week. The broadband solutions company wanted to debut Thursday, but pushed its launch back to Friday, likely because of weak initial demand. Casa had planned to sell 8.4 million shares, but reduced it to 6 million following the investor roadshow. The IPO priced at $13 per share, but bounced up almost 11 percent, closing the day at $14.40. Read More
Cities do want to rethink regulations and avoid tech clashes, and here's some proof
Dec 15, 9:30PM
In Jakarta, Indonesia, only 50 percent of the population has access to the piped sewerage system. More than 500,000 residents practice open defecation, and more than one million people discharge wastewater directly into the river, resulting in deteriorated groundwater quality and putting residents at risk to waterborne diseases. The better news: The city has a master plan to improve the… Read More
Mozilla's Mr. Robot promo backfires after it installs a Firefox extension without permission
Dec 15, 8:28PM
If you’re a Firefox user, you may have noticed a weird new extension that suddenly showed up in your browser this week. The extension is called “Looking Glass 1.0.3” and this is its description: MY REALITY IS JUST DIFFERENT FROM YOURS. Now that sounds ominous. It’s really not, though. Read More
Don't keep cell phones next to your body, California Health Department warns
Dec 15, 8:07PM
The California Department of Public Health (CDPH) issued a warning against the hazards of cellphone radiation this week. Yes, the thing we are all addicted to and can’t seem to put down is leaking electromagnetic radiation and now California has some guidance to safeguard the public. Read More
Apple picks up a new space drama from the creator of 'Battlestar Galactica'
Dec 15, 8:05PM
What the frak is this? According to a report from Deadline, Apple may have actually gotten its hand on a good show – a new space drama from “Battlestar Galactica” creator, Ronald D. Moore – to aid in its ambitions in building out its original video content. The still untitled series comes from Sony Pictures Television and Moore’s Tall Ship Productions, and has… Read More
Erik Huggers is stepping down as CEO of Vevo
Dec 15, 7:58PM
Vevo, the music video service backed by major record labels, just announced that its CEO Erik Huggers is departing. Huggers previously worked at the BBC, at Verizon (which owns TechCrunch) and elsewhere. He joined Vevo in 2015. Under his leadership, Vevo was working to become less reliant on YouTube (which was its major syndication partner) by developing more apps and products like the… Read More
Finnish autonomous car goes for a leisurely cruise in the driving snow
Dec 15, 7:28PM
It’s one thing for an autonomous car to strut its stuff on a smooth, warm California tarmac, and quite another to do so on the frozen winter mix of northern Finland. Martti, a self-driving vehicle system homegrown in Finland, demonstrated just this in a record-setting drive along a treacherous (to normal drivers) Laplandish road. Read More
UPS bets on blockchain as the future of the trillion-dollar shipping industry
Dec 15, 7:00PM
Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually. As the world’s economies scale up, that number is only expected to increase. The industry, however, is not prepared for growth, as it sits on top of an infrastructure prone to systematic inefficiencies and rampant fraud. However, disruption is coming in the form of blockchain technology. Read More
Alexa skills top 25,000 in the U.S. as new launches slow
Dec 15, 6:55PM
Amazon this week officially launched the first skills for Alexa offering premium content that customers can purchase while using the voice apps – a move the company had announced was in the works back in November. The ability for developers to generate money from their skills comes at an opportune time, as it turns out, given that new data indicates the rate of skill growth is beginning… Read More
Dog-walking app Wag may be raising a huge round of funding
Dec 15, 6:37PM
It looks like Wag may get another huge injection of cash following a big financing round earlier this year, according to a report by Recode, and also based on what we are hearing. We had heard a bit ago that Wag was looking to raise around $100 million, which the Recode report also suggests. But it now looks like Softbank is in talks to invest around $300 million in the dog-walking app.… Read More
EyeEm's new products aim to understand brand aesthetics
Dec 15, 6:19PM
EyeEm is unveiling new tools to help the brands and marketers using the site to source their images. Underlying these tools is a technology called EyeEm Vision, which we described in-depth earlier this year. The goal is to expand image recognition so that it’s not just identifying the objects in the photo, but also its aesthetic qualities. EyeEm’s co-founder and chief product… Read More
Live-streaming app Spotlite raises $10 million from Sequoia Capital China to help singers make money
Dec 15, 6:11PM
Described to me as “American Idol meets musical.ly,” startup Spotlite recently raised more than $10 million from Sequoia Capital and BlueRun Ventures. The plan is to use the funding to build out the product, make key hires and expand its marketing and advertising efforts. Read More
Fitbit is having a bad day
Dec 15, 5:36PM
Fitbit is, again, not having a good day after spending the year in mostly middling status as it looks to prove there’s a market for fitness trackers and its own smartwatch. The culprit today: a Wall Street firm slapped a “sell” rating on the company’s stock, which often results in a rejection of its potential and sparks a sharp drop-off in the company’s share value. Read More
Original Content podcast: Netflix's 'Mudbound' offers a somber look at Mississippi in the 1940s
Dec 15, 5:16PM
Mudbound, a Dee Rees-directed film currently streaming on Netflix, is both epic and intimate, telling the intertwined stories of two families (one black, one white) farming on the Mississippi delta. That description might make the movie sound like a home work assignment, or perhaps a too-neat dissection of race relations in the American South. On the latest episode of the Original Content… Read More
With $10M in new funding, Huddly launches its smart GO camera for video conferencing
Dec 15, 5:05PM
Huddly has built a smart camera that only has one mission: make your video meetings more productive. Now for the most part, you probably don’t think much about what camera you use for your video conferences. They are pretty much all the same, after all. But Norway-based Huddly thinks its smart wide-angle GO camera, which is now shipping for $499 through its resellers and which will be… Read More
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