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Dec 16, 4:46AM
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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…
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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.
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Dec 16, 1:11AM
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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…
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Dec 16, 12:30AM
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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.
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Dec 15, 11:18PM
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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.
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Dec 15, 9:34PM
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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.
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Dec 15, 9:30PM
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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…
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Dec 15, 8:28PM
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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.
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Dec 15, 8:07PM
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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.
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Dec 15, 8:05PM
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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…
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Dec 15, 7:58PM
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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…
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Dec 15, 7:28PM
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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.
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Dec 15, 7:00PM
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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.
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Dec 15, 6:55PM
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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…
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Dec 15, 6:37PM
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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.…
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Dec 15, 6:19PM
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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…
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Dec 15, 6:11PM
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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.
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Dec 15, 5:36PM
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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.
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Dec 15, 5:16PM
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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…
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Dec 15, 5:05PM
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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…
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