Tuesday, December 26, 2017

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Debt-laden tech firm LeEco's founder ordered to return to China by securities commission

Dec 26, 10:25AM

 The founder of beleaguered tech conglomerate LeEco is facing yet another huge headache. Jia Yueting has been ordered by the China Securities Regulatory Commission’s Beijing branch to return to the country by the end of this month and deal with the company’s debts. In an unusual public letter posted Monday, the CSRC said Jia’s failure to repay debts is “a serious… Read More



How augmented and virtual reality will reshape the food industry

Dec 25, 8:30PM

 Augmented reality content can be found on everything from wine bottles to IKEA’s catalog and virtual reality experiences are much more detailed, with rich layers of interactivity from hand controllers to gaze triggers, and a VR film has even won an Oscar. With Apple and Google both debuting augmented reality platforms (ARKit and ARCore, respectively), Facebook heavily invested in its… Read More



Julian Assange's Twitter account goes offline, returns

Dec 25, 4:24PM

 It’s a Christmas miracle of sorts. Julian Assange’s Twitter account disappeared from the site, returned, and now there’s a bouncing baby Corgi up top. The account appears to have gone offline around 7:00/8:00PM ET on Christmas Eve, a silent night for the Wikileaks founder. Attempts to access the page overnight were met with a “Sorry, that page doesn’t… Read More



Using drones to build the ambulance fleet of the future

Dec 25, 2:05PM

 It’s that time of year again. Sleigh bells overhead and our jolly, bearded benefactor wafting gifts down the chimney to eagerly awaiting hands. We’ve heard every version of this tale. Except, perhaps, the variant that is currently playing out in East Africa. In the funny way that magic tales and science fiction sometimes become reality, if you swap out sleigh bells for… Read More



Vice founders apologize for allowing a "boy's club" culture at the company

Dec 25, 4:51AM

 Vice Media founders Shane Smith and Suroosh Alvi say they are “truly sorry” for not doing enough to stop inappropriate behavior at the company. In a public statement issued shortly before The New York Times published an article on Saturday that described multiple accounts of sexual misconduct by Vice employees, Smith, its chief executive officer, and Alvi said they are taking… Read More



Edward Snowden's new app turns any Android phone into a surveillance system

Dec 24, 8:04PM

 NSA Whistleblower Edward Snowden is among the backers of a new surveillance app that helps guard against computer hijackings. Haven is an open source app that will run on any Android phone, particularly inexpensive and older devices. It operates like a surveillance system, using the device’s camera, audio recording capability and even accelerometer to detect movement and notify a user.… Read More



Quiet

Dec 24, 6:19PM

 he trip began just before the end of school. From the wood-shaving smell of third grade out into the clean winter air, sprung free by my mother who appeared at the little window in the classroom door like a treat. You were the one who got out early. You were the one walking down an empty hall toward the big triple doors of the school. We were leaving school to drive to my… Read More



The AI chip startup explosion is already here

Dec 24, 5:00PM

Business man in front of a huge screen with overlay of digital bric-a brac. All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI. But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More



Ted Chiang is a genius, but he's wrong about Silicon Valley

Dec 24, 2:00PM

 Ted Chiang isn’t just one of the greatest science-fiction writers alive — he’s one of the greatest writers alive full stop. Which is why I was so saddened and disappointed by his recent excoriation of Silicon Valley in BuzzFeed. As the tech industry grows ever more powerful, we need brilliant minds critiquing and dissecting its many flaws. Instead we got a trenchant takedown of… Read More



Saudi Arabia's TechUtopia Neom will have to reinvent the rules to succeed

Dec 24, 8:30AM

 Saudi Arabia’s legal environment is currently built for an economy that no longer exists, and a social world that most of the planet has left behind. The dream of Neom should be for a bridge to the legal world that can sustain a better life for all Saudis, and a case study of how a reinvented legal infrastructure – propelled by new technology – can be the capstone for a… Read More



Theranos gets $100 million in debt financing to carry it through 2018, with some caveats

Dec 23, 6:15PM

 Theranos has secured $100 million in debt financing. Yes, someone gave the blood testing company known for handing out questionable test results money. First reported by Business Insider, the company reportedly told investors it had secured the money from Fortress Investment Group, a New York-based private equity firm that was acquired by Softbank earlier this year. Of course, this is debt… Read More



Looking back at SoftBank's big year

Dec 23, 6:00PM

 While VCs vie to fund massively scalable businesses, they tend to view their own industry as size-constrained. Common wisdom is that with a limited supply of successful startups, greatly inflating the amount of available capital to invest in them leads to asset bubbles. This year, SoftBank’s Vision fund has been putting that assumption to an unprecedented test. Read More



Tech in 2017: Crazy, troubled and out of control?

Dec 23, 5:00PM

 Questions are being asked about platform power. Regulatory rules and knives are being sharpened. Politicians are eager to point the finger of blame. And with so much tech-fueled ammunition, who can blame them? Read More



The identity politics of emoji

Dec 23, 4:30PM

 Welcome back to CTRL+T, TechCrunch’s latest weekly podcast in which Megan Rose Dickey and I pick the stories we thought were interesting enough to talk to you about. This week we wondered if cell phones can adversely affect your health (or kill you), the goggles of Magic Leap and the problem Twitter has with the hateful people on its platform. Then later in the ep, Megan chats up… Read More



Scaleworks announces pre-holiday surprise with Keen IO acquisition

Dec 23, 1:18PM

 Scaleworks, a private equity firm based in San Antonio, Texas, apparently couldn’t wait until after the holidays to share the news of its latest purchase. The firm announced it was acquiring Keen IO in a Medium blog post yesterday. Terms of the deal were not disclosed, and neither company was available for comment beyond the blog post, but Keen has raised close to $30 million since it… Read More



SpaceX caps a record year with 18th successful launch of 2017

Dec 23, 2:40AM

 SpaceX has completed its 18th launch in 2017, marking a record year for the private space company. It’s the most rockets SpaceX has launched in a single year, beating its previous best by ten missions. The launch today was for client Iridium, delivering 10 satellites to low Earth orbit for its Iridium NEXT communications constellation. This is the fourth such mission that SpaceX has… Read More



Watch SpaceX's last Falcon 9 rocket launch for 2017

Dec 23, 1:16AM

 SpaceX is launching its last mission of 2017 later today, with a planned launch window of 5:27 PM PST (8:27 PM EST). The mission is for client Iridium, and will send a fourth set of 10 satellites into low Earth orbit for Iridium’s NEXT constellation, which will eventually consist of 75 satellites launched by SpaceX in total. SpaceX is launching the Falcon 9 for Iridium-4 from… Read More



Girls Who Code gets a Disney Imagineering boost

Dec 22, 10:56PM

 The room is a raw warehouse space that is partitioned off with curtains, hiding the bulk of it from view. I’m at the back of a group of girls who is nervously dropping its phones into a plastic box for safekeeping, to be returned on exit. The reason for the curtains, and the no phone policy, is that we are about to be some of the first people outside of the Disney Imagineering group to… Read More



Elon Musk really will launch a Tesla Roadster on the first Falcon Heavy rocket

Dec 22, 10:34PM

 Elon Musk shared images on his Instagram account today of the payload being loaded up on the first Falcon Heavy rocket that will ever launch – and it’s a red Tesla Roadster. The SpaceX CEO previously said that he’d be launching exactly that on the spaceship, but then suggested he was joking – before the whole thing was confirmed again by SpaceX, and now made really… Read More



Meet Molekule, the sleekest air purifier on the market

Dec 22, 10:05PM

 Molekule, a San Francisco-based startup with a sleekly designed molecular air purifier started as an immigrant dream twenty years ago and ended up being named one of Time’s top 25 inventions of 2017. The inventor Yogi Goswami came up with the idea when his baby son Dilip started having a hard time breathing the air around him. Dilip suffered from severe asthma but no air purifier at… Read More




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