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Google has planted its flag at CES
Jan 06, 10:27PM
Google’s here, and it’s planning something big. The company’s presence is impossible to miss as you drive down Paradise Road toward the Las Vegas Convention Center. Like much the rest of the show, the company’s parking lot booth is still under construction today, but the giant, black and white “Hey Google” sign is already hanging above it, visible from… Read More
RIP IPO (1602-2018)
Jan 06, 7:35PM
In comparison to an anemic 2016 for venture-backed technology IPOs, 2017 was a much better year. Companies as diverse as Yext, Cloudera, Blue Apron, StitchFix, and SendGrid all went public last year, not to mention one of the most anticipated IPOs of the past few years, Snapchat. Looking forward to this year, there are a bunch of potential companies on the docket that could go public, and… Read More
Cassette tapes are back, kind of
Jan 06, 6:57PM
Add the surprise return of the cassette tape to the long list of why the last couple of years have been some of the strangest in recent memory. After a number of strong years for the vinyl record, the media’s successor had a good 12 months, as sales in the US rose a solid 35-percent, according to Nielsen Music. The cassette tape doesn’t appear to be on track for the same kind… Read More
How Tier 2 cloud vendors banded together to cope with Spectre and Meltdown
Jan 06, 6:44PM
Earlier this week news broke of a pair of massive chip vulnerabilities dubbed Spectre and Meltdown (for an explainer see this post). We learned that the larger cloud vendors like Amazon, Google and Microsoft have been in touch with chip vendors and have been working behind the scenes to mitigate the vulnerabilities. But what about smaller cloud hosting vendors like Linode, OVH… Read More
CTRL+T podcast: As long as it tastes like chicken, folds my clothes for cheap and doesn't run me over
Jan 06, 4:15PM
Wait, what? Yeah, this week a company called SuperMeat announced that it raised $3 million to create chicken in a lab. It requires real chicken cells, Petrie dishes probably and some patience. The benefits for fake (fake real?) chicken are numerous, not the least of which it’s better for the environment. But we wonder how it will taste. Like chicken? Like fake chicken? In the lead-up to… Read More
The light and dark of AI-powered smartphones
Jan 06, 4:00PM
As more smartphones get on device AI processing powers it could support a new range of advanced consumer features. But what kind of value exchange might be required for mobile users to tap into these touted ‘AI smarts’? Read More
Crunch Report | GoPro Cuts 200-300 Jobs
Jan 06, 4:00AM
App revenue reached $60 billion in 2017, Travis Kalanick is selling 29 percent of his Uber shares and GoPro cuts 200-300 jobs. All this on Crunch Report. Read More
Robomart is the latest startup to try and unseat the local convenience store
Jan 06, 2:34AM
The startup assault on the humble neighborhood store continues to intensify. First came Bodega, the terribly named, and mostly misguidedstartup with its mission to bring the non-perishable necessities available at the corner store to the masses and “disrupt” the corner store. Now there’s Robomart, which wants to bring the groceries, baked goods and prepared foods of the… Read More
Panic will soon no longer sell Transmit for iOS
Jan 06, 1:31AM
Panic Inc., the team behind a bunch of excellent iOS/Mac apps (like Coda, Transmit, and Prompt), are about to retire one of their products. Sometime “very soon”, Transmit for iOS will be taken off the App Store. Read More
Member of group that used Grindr to find and assault gay men gets 15 years
Jan 06, 1:00AM
The first sentence has been handed down in a case centered on the use of Grindr as a platform from which to perpetrate hate crimes. Nigel Garrett was given 15 years yesterday after pleading guilty to a list of crimes including assault, carjacking, and use of firearms, the Tyler Morning Telegraph reported. Read More
Someone stole a piece of China's new solar panel-paved road less than a week after it opened
Jan 06, 12:24AM
Putting solar panels into our roads isn’t the craziest idea, but we may as well admit that it poses some unique challenges. For instance, people may want to walk away with pieces of it. That’s what happened in China, anyway, just five days after authorities opened up what they claim is the world’s first solar panel-paved highway. Read More
Twitter asserts that it won't ban Trump because he's a world leader
Jan 05, 10:06PM
Just days after President Trump’s tweets antagonized a foreign adversary over who would be first to start nuclear war, Twitter has addressed calls for the company to ban the chatty, often bellicose U.S. president. In a vague post called “World Leaders on Twitter,” Twitter awkwardly sidestepped the controversy over whether Trump’s Twitter account violates its terms… Read More
Apple adds a documentary series about extraordinary homes to its streaming lineup
Jan 05, 10:05PM
Apple has greenlit a new documentary series called “Home,” according to a new report from Variety out today. The series will give viewers an “inside look” at extraordinary homes from around the world — and those who built them — over the course of 10 one-hour episodes. The show is the latest addition to Apple’s growing lineup of original shows, which… Read More
The quantum computing apocalypse is imminent
Jan 05, 10:00PM
According to experts, quantum computers will be able to create breakthroughs in many of the most complicated data processing problems, leading to the development of new medicines, building molecular structures and doing analysis going far beyond the capabilities of today’s binary computers. Read More
AR/VR startups raised $3 billion last year led by a few industry juggernauts
Jan 05, 9:44PM
Tech companies working with augmented reality and virtual reality technologies raised more than $3 billion in venture funding in 2017. This data comes from analytics firm Digi-Capital and suggests that while the buzz surrounding the AR/VR space has tapered off, the sheer amount of cash getting pumped into the industry is continuing to surge. Read More
FCC Commissioner Clyburn guts anti-net neutrality order in extended dissent
Jan 05, 9:28PM
FCC Commissioner Clyburn’s passionate dissent at last month’s meeting left no room for guesswork on her position on the Commission’s plan to eliminate net neutrality. But it wasn’t all she had to say. Today, released alongside the final text of the “Restoring Internet Freedom” order, is an extended statement that goes into further detail and strikes at the… Read More
Menlo, Benchmark, First Round sold Uber stakes worth hundreds of millions
Jan 05, 9:03PM
Uber finally got its secondary transaction done with SoftBank buying about $8 billion worth of shares last month. Now we’re learning more about who sold what. It was already known that major shareholder Menlo Ventures was looking to sell shares, but we’re hearing confirmation that it wagered the majority of its holdings and successfully sold close to half of its stake, which… Read More
A look back at the year that the Sub-Saharan African startup scene found its stride
Jan 05, 8:30PM
African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships and some surprise failures. Africa is fast becoming home to a dynamic tech sector. Here’s a snapshot of the news that shaped that transition over the last year. Read More
Verizon acquires autonomous threat detection startup Niddel
Jan 05, 8:11PM
Verizon (which owns this publication) announced today that it has acquired Niddel, a startup that bills itself as an autonomous threat detection service. The acquisition price was not disclosed. Niddel’s primary product, Niddel Magnet is a subscription service that uses machine learning to locate infected or compromised machines inside an organization. It works completely autonomously… Read More
Distributed applications, teams, genes and geographies will shape the future of VC in 2018
Jan 05, 8:08PM
As the New Year dawns, new opportunities are emerging for savvy venture capitalists in a number of different fields. From new companies building businesses based on the genome, to businesses built on the blockchain, distributed applications, teams, genes and geographies will shape the future of the venture capital industry. Read More
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