Friday, January 26, 2018

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Furniture maker Floyd raises $5.6m to expand product line, move into new Detroit HQ

Jan 26, 2:14PM

 Detroit-based Floyd has announced a $5.6 million Series A funding round that will let the company expand its operations and release new products. The company has been in Detroit for the last five years and they’re dedicated to creating better furniture and a better experience around furniture. This injection of cash should go a long way in helping that mission. Floyd launched its… Read More



Equity podcast: Netflix soars, Twitter loses a big bird, Lyft isn't woke and more ICOs

Jan 26, 2:10PM

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we once again had the full crew on set: Matthew Lynley, Katie Roof, and myself. And even better, we were joined by Sarah Tavel from Benchmark, who helped us unspool a topic or three. And topics we had. This being earnings season, we had little choice… Read More



Twitter accused of dodging Brexit botnet questions again

Jan 26, 12:42PM

 Once again Twitter stands accused of dodging questions from a parliamentary committee that’s investigating Russian bot activity during the UK’s 2016 Brexit referendum.   Read More



Heetch raises another $20 million to compete head-to-head with Uber in Europe

Jan 26, 8:01AM

 French startup Heetch has an ambitious goal. The company wants to become the second ride-sharing service in France and in the other European countries where it operates. The startup just raised $20 million from Félix Capital, Via ID, Alven Capital, Idinvest Partners and InnovAllianz. This is the same funding round as last year’s $12 million round, but new investors joined the round.… Read More



Crunch Report | CNN shuts down Casey Neistat's Beme

Jan 26, 4:00AM

Robinhood is going to let you buy and sell crypto soon, CNN shuts down Casey Neistat’s Beme and Sotheby’s acquires Thread Genius. All this on Crunch Report. Read More



Annual smartphone shipments in China declined for the first time in 2017

Jan 26, 1:57AM

 China’s smartphone market is no longer growing after it witnessed its first annual decline in shipments during 2017, according to new figures released today. The writing was on the wall with a market decline first noted in Q2 but this is the first time a drop has been sustained over a twelve-month period. That’s according to data from analyst firm Canalys which reported that… Read More



Dutch intelligence reportedly hacked Russian election hackers in 2014

Jan 26, 1:56AM

 As if the story of the 2016 election and associated cyberattacks wasn’t already complicated enough, new information now suggests that Dutch intelligence has for years been aware of, and sharing, information on the Russian hackers suspected to be behind a number of high-profile hacks. Read More



Walmart and Rakuten partner on grocery delivery in Japan, Kobo e-books and audiobooks in U.S.

Jan 26, 1:20AM

 Walmart today announced a major expansion in terms of its global e-commerce presence: the retailer is entering a strategic partnership with Tokyo-based Rakuten, which will see the companies collaborating on the launch of a new online grocery service in Japan, and the sale of e-readers, audiobooks and e-books in the U.S., via Rakuten-owned Kobo. The strategic alliance is one that has two of… Read More



Research into full-body tracking at Facebook hints at broader AR/VR ambitions

Jan 26, 1:16AM

 It’s no secret that Facebook is big on both AR and VR, both for entertainment and communication purposes. And new research suggests it is working on AR applications that could not just modify or replace your face, but your entire body. Read More



botkeeper has an automated bookkeeping bot for your accounting needs

Jan 26, 1:04AM

 There are probably few things that small businesses hate more than accounting. It’s tedious, time consuming and totally vital to ensure that businesses can remain in business and don’t run afoul of authorities. Well, to make the process of bookkeeping a little bit less painful, a number of investors have joined together to finance botkeeper, which pitches itself as the chatbot… Read More



'La La Land' director Damien Chazelle is making a show for Apple

Jan 26, 12:11AM

Damien Chazelle Damien Chazelle, who won last year’s Best Director Oscar for his work on La La Land, will be making a TV show for Apple. The New York Times reports that Chazelle will be writing and directing every episode of the first season, and that the series will be produced by MRC, the studio that’s making House of Cards for Netflix. Nothing else — not the title, the subject or the… Read More



Shadow launches its cloud computer for gamers in the UK

Jan 26, 12:01AM

 French startup Blade, the company behind Shadow, is launching its cloud gaming service in the U.K. Just like in the U.S., the company is starting with a pre-sale before accepting all customers. For a flat monthly fee, you can rent a gaming PC in a data center near you. You can then access this beefy computer using desktop and mobile apps as well as the company’s own little box. Read More



Trueface.ai integrates with IFTTT as the latest test-case of its facial recognition tech

Jan 26, 12:01AM

 Trueface.ai, the stealthy facial recognition startup that’s backed by 500 Startups and a slew of angel investors, is integrating with IFTTT to allow developers to start playing around with its technology. Read More



Ubiquitous AR to dominate focused VR by 2022

Jan 25, 11:00PM

 AR (mobile AR, smartglasses) could approach three and a half billion installed base and $85 billion to $90 billion revenue within five years. At the same time, VR (mobile, standalone, console, PC) might deliver 50 million to 60 million installed base and $10 billion to $15 billion. That’s a pretty big difference, and it all has to do with AR’s ubiquity and VR’s focus. Read More



Occipital closes $12M more as it strives to build a 'perception engine'

Jan 25, 10:15PM

 Sensors are growing more and more sophisticated as we build machines that can interpret the world with more precision than we can. Occipital is aiming to do this as effectively and cheaply as possible as it morphs its 3D scanning technology into a product that can do much, much more. The company has closed $12 million of what it plans to be a $15 million Series C. Read More



Juni Learning is bringing individualized programming tutorials to kids online

Jan 25, 10:08PM

 Juni Learning wants to give every kid access to a quality education in computer programming. The company, part of Y Combinator’s latest batch of startups, is taking the same approach that turned VIPKID into the largest Chinese employer in the U.S. and a runaway hit in the edtech market — by matching students with vetted and pre-qualified online tutors. Read More



Former employees say Lyft staffers spied on passengers

Jan 25, 9:36PM

 Similar to Uber’s “God View” scandal, Lyft staffers have been abusing customer insight software to view the personal contact info and ride history of the startup’s passengers. One source that formerly worked with Lyft tells TechCrunch that widespread access to the company’s backend let staffers “see pretty much everything including feedback, and yes, pick up… Read More



Tesla responds to fresh reports of Model 3 production issues

Jan 25, 9:11PM

 Tesla’s Model 3 EV delays are well-known, including in the company’s own earnings report and quarterly delivery numbers. A fresh report from CNBC on Thursday claimed that Model 3 production was even more delayed than it appeared, with specific continued issues around battery manufacturing. CNBC also suggested that the company is “not close” to mass-production of the… Read More



Amazon adds single sign-on for Fire TV

Jan 25, 8:36PM

 Signing on to all of your favorite networks’ apps on Amazon TV just got a little easier. The company, which had teased single sign-on for Fire TV in September, is now bringing the service to network apps in the U.S. Users just need to sign in with their pay TV provider credentials and they can access all the networks they need without entering additional passwords. The service works with… Read More



Benchmark's lawsuit against former Uber CEO Kalanick dismissed

Jan 25, 8:07PM

 It’s over. Benchmark’s lawsuit against former Uber CEO Travis Kalanick has now been dropped, ending one of the biggest VC-founder disputes in history. It was dismissed as a condition of the SoftBank investment in Uber getting done. The deal was completed earlier this month, giving both Benchmark and Kalanick an opportunity to sell a significant Uber stake. Read More




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