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Plex gets into VR with a new app for Daydream-ready Android phones
Jan 24, 2:00PM
As part of its broader, long-term strategy to appeal to content producers by offering them more exposure, media software maker Plex today is unveiling its new VR experience, Plex VR. The addition will allow Plex users to not only watch videos in VR, but also co-watch with friends – a social component to media consumption that a number of companies, including, recently, Facebook and… Read More
Fleet raises $10M Series A to make international logistics speedier and more transparent
Jan 24, 2:00PM
Fleet, a startup focused on making international logistics less onerous for small companies, announced that it has raised a Series A of $10 million. The round was led by Lufthansa Cargo, the German airline’s air cargo subsidiary, with participation from new and returning investors Hunt Technology, UPS, UP2398 and 1517 Fund. Read More
Apple previews iOS 11.3's new Animojis and battery service warnings
Jan 24, 1:47PM
More big news out of Apple this morning. The company’s offering up a preview of what’s to come in the latest version of its mobile operating system. The biggest updates here are coming to power management, its augmented reality platform ARKit, Animoji and the company’s Health app. You can check out a more in-depth preview of ARKit 1.5 over here. The new platform brings… Read More
Rocket Internet's Carmudi raises $10M to refocus on Asia following global retrenchment
Jan 24, 1:39PM
Carmudi, a Rocket Internet-backed company that sells cars online in emerging markets, has raised $10 million to develop its business in Southeast Asia after reducing its global footprint. The company was formed in 2013 and, at peak, it grew to cover over 20 markets across Asia, the Middle East, Africa and Latin America. To support that global push, Carmudi raised $10 million in 2014 and then… Read More
Apple's augmented reality tool kit can now detect walls and 2D images in beta
Jan 24, 1:33PM
Apple is rolling out an upgrade to its augmented reality toolbox, ARKit, to developers in a beta version today. ARKit 1.5 adds a few marquee features including one big one: wall detection. Up until this point, ARKit has been focused on offering horizontal plane detection, allowing developers to know where the ‘floor’ is that it can then use to orient or place objects in 3D space.… Read More
PrecisionHawk raises $75M for its commercial drone analytics tech
Jan 24, 1:14PM
Drones may still be having a tough time dispelling the notion that they’re just expensive toys when it comes to the consumer space, but in the world of commercial applications, the autonomous aircraft are having a much easier time proving their worth. PrecisionHawk, a Raleigh, North Carolina-based startup, has closed a Series D round, nabbing $75M in new capital that will help it seize… Read More
Timescale raises $12.4M to build a new breed of time series database software
Jan 24, 12:30PM
Businesses are gathering more and more information than they ever have before, whether it’s a manufacturer or a bank, and to Timescale CEO Ajay Kulkarni the existing database software soon won’t provide the horsepower they need. That’s why he and CTO Mike Friedman started Timescale, a new open source time series database software. The idea is that businesses increasingly… Read More
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Jan 24, 12:00PM
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk Ventures. Read More
UK to set up security unit to combat state disinformation campaigns
Jan 24, 11:54AM
The UK government has announced plans to set up a dedicated national security unit to combat state-led disinformation campaigns — raising questions about how broad its ‘fake news’ bullseye will be. Read More
Qualcomm to appeal $1.23B fine from EU over LTE chip dominance in the iPhone
Jan 24, 11:21AM
Qualcomm’s longstanding dominance in LTE chipsets for smartphones, and specifically with Apple’s iPhone, is getting a major hit today. The European Commission today announced that it would be fining the company €997 million, or $1.23 billion, for abusing its market position between 2011 and 2016, related to its relationship with Apple. The figure works out to 4.9 percent of… Read More
Indonesia's BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
Jan 24, 9:02AM
A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers who want to… Read More
TeacherGaming, a startup from MinecraftEdu team, raises $1.6M to put games into the classroom
Jan 24, 9:00AM
TeacherGaming, a new startup from the team behind MinecraftEdu, a company that helped teachers use Minecraft in the classroom that was subsequently acquired by Microsoft, has picked up $1.6 million in seed funding. Read More
Berlin's Blacklane raises $40-45M for its high-end transport on demand service
Jan 24, 8:09AM
Transportation-on-demand startups betting on growth by honing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant round… Read More
US-China biotech startup XtalPi lands $15M from Google, Tencent and Sequoia
Jan 24, 6:25AM
Google continues to increase its presence in China after it joined Sequoia China and Tencent in a $15 million investment for XtalPi, a U.S.-China biotech firm that uses artificial intelligence and computing to accelerate the development of new drugs. The search giant remains blocked in China, but that hasn’t stopped it from making a series of moves in recent months. It is opening an… Read More
Facebook appoints a new AI research head
Jan 24, 4:28AM
Facebook has a new executive coming on to unify its research efforts in the field of artificial intelligence. Former IBM exec Jérôme Pesenti will be taking the lead at Facebook’s AI research (FAIR) arm, Quartz reports. Yann LeCun, who previously held the lead role, will be shifting to a more research-focused role where he will continue to drive the scientific agenda of FAIR in his… Read More
Crunch Report | DJI unveils new Mavic Air
Jan 24, 4:00AM
DJI unveils the new Mavic Air, Twitter COO Anthony Noto resigns and Apple HomePod starts shipping February 9th. All this on Crunch Report. Read More
Nike just released its first shoe with an all-foam bottom
Jan 24, 3:26AM
Nike just announced their first shoe with an all-foam sole powered by a new foam technology called React. The shoe is called the Nike Epic React Flyknit and is a running shoe, which will release on February 22nd. The bottom is a solid piece of foam with a knitted upper, making it lightweight for running. But looking beyond this shoe the technology is likely the start of a new generation of… Read More
Facebook and Twitter face a short deadline on Russian bot #ReleaseTheMemo reports for Congress
Jan 24, 1:34AM
Two leading Democrats in Congress are calling for new disclosures from Facebook and Twitter about Russian disinformation campaigns on their platforms. In a letter, Rep. Adam Schiff and Sen. Dianne Feinstein, minority leads on the House Intel and Senate Judiciary committees respectively, called for the two tech companies to release any information that have about Russian ties to the recent… Read More
Anti-piracy firm Denuvo acquired by digital security outfit Irdeto
Jan 24, 12:06AM
Denuvo’s anti-piracy tech has been divisive in the gaming world, with some complaining that it restricts their gaming habits or prevents modding — but few will dispute that it has been unusually successful in its main goal of preventing piracy. Successful enough, anyway, to be picked up by Irdeto, a broader digital security concern. Read More
Ursula K. Le Guin, author of 'The Left Hand of Darkness' and 'A Wizard of Earthsea', has died
Jan 23, 11:43PM
All-time great science fiction and fantasy writer Ursula Le Guin died Monday. She was 88 years old. Le Guin didn’t always enjoy being called a science fiction writer, and she received acclaim far beyond the genre — she won National Book Awards, published stories in The New Yorker and saw her work collected by the Library of America. Read More
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