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Fly Ventures, a Berlin-based VC using machine learning to find its next deal, closes $41M fund
Dec 21, 8:00AM
Fly Ventures, a relatively new VC operating out of Berlin, has closed its first fund at $41 million, capital it will use to invest at seed-stage in startups across Europe. LPs in the fund include the European Investment Fund (EIF), Korelya Capital, and a number of unnamed family offices from Europe and the U.S. Read More
Sequoia is looking to raise a $5 billion investment fund
Dec 21, 5:51AM
Sequoia Capital is looking to raise a $5 billion investment fund. The legendary Silicon Valley venture firm, known for its stellar investment returns, is in the early stages of raising its next global growth fund. Recode’s Kara Swisher first reported the news of the fund. She’s hearing that Sequoia is targeting $5 to $6 billion. We’re hearing that right now it’s… Read More
Twitter will tell users if content was blocked to comply with local laws or legal demands
Dec 21, 5:43AM
Twitter will now display messages to inform users if blocked tweets were withheld to comply with local laws or court orders, which it calls Country Withheld Content (CWC). The public already has information about CWC through notices sent directly to affected accounts, Lumen, a database of legal requests for the removal of online content, and Twitter’s own biannual transparency reports.… Read More
Cryptocurrency exchange EtherDelta suspends service following alleged hack
Dec 21, 4:26AM
Another day, another hack in the crypto world. This time EtherDelta, a popular exchange for buying cryptocurrencies, has suspended its service after it was apparently hit by an attacker. EtherDelta is particularly notable for its selection of alt coins (from ICOs) which are often listed on its site before they hit other, higher profile exchanges. The exchange is also easy to use since it… Read More
Crunch Report | Magic Leap Finally Unveils Its Headset
Dec 21, 4:00AM
Magic Leap headset is finally unveiled to the public, Bitcoin Cash comes to Coinbase and Litecoin founder sells all of his Coins. All this on Crunch Report. Read More
Facebook will ditch Disputed Flags on fake news and display links to trustworthy articles instead
Dec 21, 3:55AM
Facebook announced two changes today that it hopes will make it easier to staunch the spread of fake news. The first change is to the News Feed, where users will no longer see “Disputed Flags,” or red badges displayed under articles flagged by Facebook’s third-party fact-checkers. Instead, they will see Related Articles, or links to content from reputable publishers. The… Read More
China's Didi Chuxing raises $4B more for AI, international expansion and electric vehicles
Dec 21, 2:49AM
China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company has already raised $13 billion from investors that include Alibaba, Tencent and Apple, and it said that this newest round will go towards developing its artificial intelligence… Read More
Apple revises its controversial guidelines on template-based apps
Dec 21, 12:01AM
Apple today announced it’s amending the App Store guideline that banned apps created using templates and other app generation services. When the company revised its policies earlier this year, the move was meant to reduce the number of low-quality apps and spam. But the decision ended up impacting a much wider market. Read More
Coinbase may have given away its own Bitcoin Cash surprise
Dec 20, 11:39PM
On Tuesday, when Bitcoin Cash hit Coinbase, the popular user-friendly U.S.-based exchange, cryptocurrency’s reputation as the financial wild west was on full display. While anyone following along was well aware that Coinbase planned to add Bitcoin Cash, the currency created in August’s Bitcoin hard fork, things still got weird immediately. Read More
This humanoid robot works out (and sweats) like we do (or should)
Dec 20, 10:10PM
There are plenty of humanoid-looking robots out there, but very few actually have bodies that are particularly analogous to our own when it comes to moving and interacting with the environment. Japanese researchers are working to remedy that with a robot designed specifically to mimic not just human movements but the way humans actually accomplish those movements. Oh, and it sweats. Read More
Choosing the best language to build your AI chatbot
Dec 20, 10:00PM
Which language is the best for your chatbot? No, this is not about whether you want your virtual agent to understand English slang, the subjunctive tense in Spanish or even the dozens of ways to say “I” in Japanese. In fact, the programming language you build your bot with is as important as the human language it understands. But how do you differentiate between them? Read More
Walmart is developing personal shopping services and cashier-free stores
Dec 20, 9:26PM
Walmart’s Code Eight, led by Rent the Runway co-founder Jennifer Fleiss, has started testing personal shopping services for moms in New York City, Recode reports. Code Eight is part of Walmart’s startup incubator Store No. 8. The idea with Code Eight’s service, according to Recode, is for “busy NYC moms” to get product recommendations and buy them via text message. Read More
Kuri the adorable home robot starts shipping to pre-order customers
Dec 20, 8:51PM
Kuri, the home robot that wants to be more companion and less Roomba, has begun shipping out to customers. Kuri creator Mayfield Robotics, a Bosch-owned startup, revealed that its initial shipments have gone out via FedEx – which means it technically met its goal of beginning to ship the photogenic little friend bots prior to the end of 2017, if only just. Kuri was originally unveiled… Read More
Twitter adds support for app-based two-factor authentication
Dec 20, 8:35PM
Twitter is rolling out an update to its platform security that will allow users to employ third-part authentication apps to receive a two-factor login authentication for their Twitter account. Twitter has offered two-factor for a long while now, but it’s used the less secure SMS-based verification method excessively until now. The third-party app support means you can use tools like… Read More
The benefits of police body cams are a myth
Dec 20, 8:30PM
Police body-worn cameras have been sold to the public as a tool that would primarily deter police misconduct. One of the main selling points is the claim that the devices would have a “civilizing effect” on officers. Camera vendors have told departments that their devices would reduce excessive uses of force and complaints against officers. But in one of America’s largest… Read More
Amazon filed for 'AmazonTube' trademark after Google pulled YouTube from the Echo Show
Dec 20, 8:20PM
Google’s decision to block YouTube content was a real kick in the pants to Amazon as it got ready to launch its Echo Show device. After all, YouTube videos are the perfect content for the device and its smaller counterpart, the Echo Spot. Earlier this week, the site TV Answer Man spotted an interesting Amazon filing with the U.S. Patent and Trademark Office that could point to the next… Read More
Amazon Music to end support for streaming your uploaded MP3s
Dec 20, 7:32PM
In the early days of streaming music services, some aimed to differentiate themselves by offering users the ability to upload their personal collection of MP3’s, which could be streamed alongside the on-demand streams and radio stations offered by the music service itself. Rdio, which later sold to Pandora, offered music uploads for matching purposes, for example. Amazon Music,… Read More
The rise of the crypto accelerators
Dec 20, 7:21PM
As cryptocurrency fever grips the tech world, and blockchain technologies gradually become more viable, there is a new wave of accelerators and incubators appearing to service this growing ecosystem. Some are covering funding and services, some are about services only. It’s fair to assume, however, that some kinds of cryptocurrency will be changing hands, of course, not to mention the… Read More
Photosynth returns as a feature in Microsoft's Pix camera app
Dec 20, 7:18PM
Earlier this year, Microsoft shut down Photosynth, its service for stitching multiple images into panoramas and semi-3D models. When it launched in 2008, the service was extremely impressive, but it never quite caught on. Still, it had its fans — and now Microsoft is bringing it back in the form of a new feature in its Pix camera app for iOS. In addition, the Pix app is also getting a… Read More
UBTECH's robotic First Order Stormtrooper patrols AR battlefields
Dec 20, 7:17PM
UBTECH’s Stormtrooper missed Force Friday and The Last Jedi’s release — no surprise, really. The robotic toy moves pretty slowly, all things told. Perhaps it was a matter of getting things just right, or maybe it was the pains of dealing with such a high-profile license for the first time. Whatever the case, the Chinese robotics startup has just taken the wraps off one last… Read More
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