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Toyota will electrify entire vehicle lineup by 2025
Dec 18, 12:06PM
Toyota is finally revealing the details of its plan to catch up with some of its rivals on electrification; the automaker has focused primarily on hybrids and hydrogen fuel cell vehicles before now, despite having led the market with the Prius – but it’s going to focus more on pure EVs going forward, with a plan to offer over 10 purely battery-powered vehicles from 2020 on, and a… Read MoreFacebook is clamping down on posts that shamelessly beg for your engagement
Dec 18, 11:03AM
A lot of crap gets shared on Facebook, but coming soon the volume may be a little less after Facebook made a move to penalize content that shamelessly begs people for engagement. The social network giant said today that it will penalize Page owners and people who resort to “engagement bait,” which means posts that encourage users to like, comment or tag people in the comments… Read MoreFrance files supplier contract complaint against Amazon
Dec 18, 10:52AM
The French government has filed a complaint against ecommerce giant Amazon alleging abuse of a dominant position with some of its suppliers, according to Reuters citing a report in La Parisien newspaper. Read MoreFarmCrowdy raises $1M round to bring Nigerian farmers online and to market
Dec 18, 10:35AM
Bringing small scale Nigerian farmers to a broader market has netted the new startup Farmcrowdy $1 million from investors including Techstars, Cox Ventures and Social Capital. Farmcrowdy’s digital platform connects investors to farmers through sponsorship packages to fund higher yields for a share of the returns. The app allows the sponsors to “Farm Shop” screened… Read MoreWheelStreet is bringing dock-less motorbikes to India's cities
Dec 18, 9:58AM
By now the world is familiar with the rise of on-demand bicycle services, which started out with Mobike and Ofo in China, but one startup is twisting the concept slightly to bring dock-less motorbikes to the streets of India. WheelStreet, a company that recently graduated the Y Combinator program in the U.S. earlier this year, is pioneering the scooter push in India through a pilot service… Read MoreHorizons Ventures backs AI startup Fano Labs in first Hong Kong investment
Dec 18, 5:51AM
Horizons Ventures, the VC firm founded by Hong Kong’s richest man Li Ka-Shing, has made a rare early-stage investment after it backed AI startup Fano Labs. Horizons has invested in the likes of Facebook, Razer, Slack, Improbable, Spotify and more, and now it is putting undisclosed money into Fano Labs, which recently graduated AI accelerator program Zeroth. This deal also marks the… Read MoreOracle to buy construction collaboration software maker Aconex for $1.2B in cash
Dec 18, 4:47AM
Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read MoreUber ride-hailing comes to BBM — because some people in the world still use BBM
Dec 18, 4:33AM
It’s been some time since Uber made its full service available inside messaging apps — most notably Facebook Messenger — but now it is rolling out to another one, BBM, with an eye on emerging markets. BBM is virtually dead in Western markets following the decline of BlackBerry phones, but it hasn’t died altogether. Now run by Indonesian telco Emtek, BBM still maintains… Read MoreTencent and JD.com invest $863M into e-commerce firm Vipshop to battle Alibaba
Dec 18, 3:38AM
Tencent, the internet giant that recently became Asia’s first $500 billion company, is continuing its investment spree after it agreed to buy $604 million in shares of Chinese online retailer Vipshop. The deal is being made with long-time partner JD.com, which will invest $259 million into Vipshop, which is listed on the New York Stock Exchange. That takes the total between the two to… Read MoreLearning to embrace conflict as a part of startup culture
Dec 17, 11:30PM
Most team leaders will agree on the majority of decisions that need to be made and good startup teams seem telepathic at times, but there are inevitably going to be profound disagreements. It’s critical that entrepreneurs embrace these conflicts because solving them properly is often the difference between success and failure. Read MoreShine of the times
Dec 17, 9:12PM
“In order for the light to shine so brightly, the darkness must be present.” — Francis Bacon and/or Lady Gaga Kirakira, an app that adds sparkle to your photos, is at the time of this writing the No. 1 paid app in the iOS App Store. Its creator, Kentaro Yama, is a Japanese developer who works full-time for tha ltd. design studio in Tokyo. He did not expect his… Read MoreThe Last Jedi should be the last Star Wars film
Dec 17, 7:51PM
At the risk of being ostracized by the vast majority of my TC teammates, let me propose that Star Wars: The Last Jedi would — in a fairer universe — be the last Star Wars film… (Spoiler alerts!) Read MoreNegativity and Startups
Dec 17, 6:53PM
2017 has not been a good year for good news in the startup world. VCs repeatedly sexually harassing founders, often over a period of years. Products that are dangerous, stupid or a mix of both. Company executives breaking the law in pursuit of delirious growth. Dumb product launches that insult whole ethnic groups. Hiring models for parties to disguise tech’s massive gender problem.… Read MoreICO-lateral damage
Dec 17, 2:00PM
The ICO regulators are here, and they’re carrying big sticks. (PDF) “Coins or other digital assets issued on a blockchain may be securities under the federal securities laws… tokens were securities as defined by Section 2(a)(1) of the Securities Act because they were investment contracts … An investment contract is an investment of money in a common enterprise with a… Read MoreThales agrees to buy Gemalto in digital security deal worth ~$5.43BN
Dec 17, 11:11AM
Digital security solutions provider Gemalto has agreed to a €51 per share acquisition offer from French aerospace and defense group Thales — in a deal worth around $5.43BN. Read MoreTo ICO or not to ICO?
Dec 17, 1:35AM
Sorry… I had to. For some actual wise words about crypto, read this. Read MoreThe technology industry needs to think more seriously about device addiction
Dec 17, 1:05AM
As we grow as a culture, especially for newer generations, we need to start asking important questions: ‘how as a species do we begin the education process of device addiction?’ And more importantly, ‘how do we begin taking back control?’ Read MoreDo good companies ICO?
Dec 16, 7:59PM
There has been a veritable explosion in the use of initial coin offerings (abbreviated ICO, sometimes also referred to as a token generating event or TGE, or a WTFLOL) to fund startups. Calculating the total investment in these offerings is complicated, but Coindesk puts the total right now at about $3.8 billion cumulatively, with the bulk invested in 2017. That total volume pales in comparison… Read MoreApple has a history of choosing cash over startups
Dec 16, 6:15PM
Apple has more cash than any other tech company on the planet. Yet, that hasn’t translated into spending on acquisitions. Over the past five years, Apple has spent the least on M&A out of all the “Big Five” most valuable U.S. tech companies. That’s despite the fact that it is estimated to have more than $260 billion in cash and cash equivalents. So, is it buying… Read MoreGillmor Gang: Golden Goose
Dec 16, 6:00PM
The Gillmor Gang — Doc Searls, Frank Radice, Denis Pombriant, Keith Teare, and Steve Gillmor. Recorded live Friday, December 15, 2017. G3: Last Hope — Mary Hodder, Halley Suitt Tucker, Elisa Camahort Page, Tina Hui, and Tina Chase Gillmor. Recorded live Friday, December 15, 2017. @stevegillmor, @dsearls, @fradice, @kteare, @DenisPombriant Produced and directed by Tina Chase… Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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