Wednesday, January 10, 2018

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UK's Carphone Warehouse fined nearly $540k for 2015 hack

Jan 10, 11:18AM

 The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees.  Read More



Uber to pay $3M to settle driver service fees class action in NY

Jan 10, 10:34AM

 Uber has agreed to pay $3M to settle a proposed class action lawsuit brought by 2,421 drivers in New York who had accused the ride-sharing giant of docking excessive fees from their fares. Read More



Bugsnag snares $9 million Series B, now gives you a software stability score

Jan 10, 10:00AM

 Bugsnag, the cloud service that helps developers find bugs inside their software, announced a $9 million Series B today. They also released a new version of their dashboard that features a stability score than can give customers an unbiased grade of the current stability of their software. Let’s look at the funding first. Investors included first-timer GV (formerly Google Ventures)… Read More



NiYO raises $13.2M to digitize payroll and employee benefits in India

Jan 10, 8:28AM

 Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country. Founded in 2015, NiYO partners with companies (employers) and banks to offer employees the opportunity to access their benefits, such as healthcare or food allowances, through a digital platform. That includes a… Read More



China's Kunlun completes full buyout of Grindr

Jan 10, 6:11AM

 Nearly two years to the day of its majority investment in Grindr, China-based tech firm Kunlun Group has fully acquired the gay dating app. Grindr is among the, if not the, world’s most popular LBQT dating app with a claimed 3.3 million daily users. Kunlun, which is best known for games but is part of a consortium that acquired Opera’s browser business, bought 60 percent of the… Read More



What is Snapchat, now Story sharing has stopped growing?

Jan 10, 5:46AM

 In a betrayal of loyalty signaling poor morale, a massive dump of Snapchat’s usage stats has leaked. The most worrisome is that the number of users posting Stories has shown zero growth, an even worse performance than Snapchat’s total user growth that was sluggish this year. It appears Instagram’s Stories clone has stopped Snapchat’s most monetizable feature dead in… Read More



Chat app Line is reportedly considering its own cryptocurrency

Jan 10, 5:32AM

 Tickets please, the next crypto train is about to depart. Japan-based messaging app Line is said to be the latest public company to consider a move into the blockchain and cryptocurrencies, according to a Bloomberg report. Unlike some of the more obscure and head-scratching moves, which include China’s forgotten social network and an iced tea company, there would be some merit to Line… Read More



Alibaba will consider listing its affiliate companies in Hong Kong

Jan 10, 4:42AM

 Last year I wrote that Hong Kong is increasingly becoming a destination for tech IPOs, and the country just got a major boost after Alibaba chairman Jack Ma said the company is exploring the possibility of listing one or more of its affiliate businesses on the Hong Kong Stock Exchange. The Chinese e-commerce giant famously snubbed Hong Kong in favor of a record $25 billion listing on the New… Read More



Crunch Report | ElliQ Robot Raises $22 Million

Jan 10, 4:00AM

ElliQ robot raises $22 million, Facebook is shutting down M and Google Assistant comes to Android Auto. All this on Crunch Report. Read More



Under Armour launches two new pairs of connect running shoes

Jan 10, 2:32AM

 In a world overflowing with smart devices, connected running shoes aren’t the craziest idea. Hell, fitness tracking is the number one use for smartphones, so why just skip straight to the source and embed that technology right into a pair of sneakers? Under Armour really jumped at the idea this time last year, when it launched three new pairs at CES. The sportswear giant must have found… Read More



Igloo, a Jive-style enterprise collaboration platform, raises $47M

Jan 10, 2:21AM

 The market for social media and collaboration services for enterprises — made popular by the recent, rapid growth and emergence of platforms like Slack, Facebook’s Workplace and Microsoft Teams — continues its hot streak. Today, Igloo Software, a Canada-based startup that has built a Jive-like platform that integrates other software for employees to communicate with each… Read More



Renault-Nissan-Mitsubishi launches $1 billion corporate venture capital fund

Jan 10, 1:56AM

 The world’s largest automaker, Renault–Nissan–Mitsubishi, has launched a $1 billion corporate venture capital fund to focus on investments in “new mobility” including electrification, autonomous systems, network connectivity and artificial intelligence. Called Alliance Ventures, the fund has already made its first investment, taking an equity stake for an… Read More



WayRay's AR in-car HUD convinced me HUDs can be better

Jan 10, 1:17AM

 WayRay, a Swiss augmented reality technology provider, brought its in-car heads-up display solutions to CES 2018 to show what its unique approach can do. The company was showing off its NAVION aftermarket solution to the public for the first time, and also had its holographic AR in-windshield product, designed for OEMs, available for anyone to try. Read More



Huawei's Richard Yu is really pissed at US carriers

Jan 10, 1:01AM

 It was the 800-lb. gorilla for the duration of today’s Huawei CES keynote — will he, or won’t he? Richard Yu managed to keep his cool for the majority of the event. If I was a betting man, I’d have put money on the executive not pushing the matter — these things are seldom discussed in the context of an event like this. But as the keynote closed, things took a… Read More



GoPro CEO explains shutdown of company's Karma drone unit

Jan 10, 12:53AM

 Yesterday, GoPro confirmed TechCrunch’s reporting that the company was shuttering its Karma drone division and laying off hundreds of employees. Today, CEO Nick Woodman is at CES on damage control. In an interview with TechCrunch, Woodman said that the company is shifting focus entirely back to action cams, a market he insists is “absolutely” robust enough to sustain the company. Read More



Euveka's shape-shifting robotic mannequin could streamline the fashion and wearable industries

Jan 10, 12:48AM

 Some ideas you hear and they immediately make sense. Some take a minute, but the more you think about them, the better they seem. Euveka, a mannequin for clothing designers that can change shape and size in seconds, is the latter — and I think it may eventually be a standard item in any fashion studio and a fair few other industries. Read More



Baidu sets its sights on Japan with a voice-enabled projector in a dome light

Jan 10, 12:48AM

 Baidu’s DuerOS is essentially China’s Alexa. The company has built a voice assistant and an ecosystem of hardware partners that cater to the Chinese market. At CES this week, the company talked about its own first-party smart speaker. It also showed off the popIn Aladdin, a dome light with a built-in projector that the company specifically designed for small apartments. Read More



Jump will be the first stationless, e-bike-sharing service to launch in SF

Jan 10, 12:00AM

 Social Bicycles, maker of the Jump pedal-assist e-bikes that don’t require docking stations, has received a permit from the San Francisco Municipal Transportation Agency to launch 250 dockless electric bikes in San Francisco sometime between now and the end of March. This is the first permit the city has issued to an electric, stationless bike-share provider. Read More



Huawei's also selling a $1,225 Porsche-branded Mate 10

Jan 09, 11:14PM

 Richard Yu really tried to stick it to Apple at today’s CES keynote. The Huawei Consumer CEO favorably compared the company’s new flagship Mate 10 Pro to the iPhone X, discussing all the ways in which their device surpasses Apple’s. Thanks to a partnership with Porsche Design, the company can now add extravagance to that list. According to the company, consumer demand… Read More



Huawei's Mate 10 Pro is coming to the US unlocked next month

Jan 09, 10:45PM

 As expected, today’s Huawei CES press conference was a strange affair. The company’s U.S. plans were recently thwarted, as per a report in The Wall Street Journal, leaving the company in a bit of a lurch. Consumer CEO Richard Yu went ahead as planned, officially launching the company’s new flagship here in the States, but as an unlocked option, only. Read More




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