Monday, February 26, 2018

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Circle acquires cryptocurrency exchange Poloniex

Feb 26, 3:39PM

 Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex. Circle is an interesting startup because it’s hard to keep track of what it does. Read More



PhishMe sold to private equity consortium at $400 million valuation

Feb 26, 3:00PM

 PhishMe, a seven year old startup that helps companies train employees to avoid phishing scams, announced today that it has been purchased by a consortium of private equity firms at a valuation of $400 million. That wording doesn’t give the exact price and a company spokesperson was careful in her response when we requested clarification. “This is an acquisition by a consortium… Read More



CBS launches a 24/7 streaming sports news network, CBS Sports HQ

Feb 26, 2:53PM

 As promised last year, CBS today launched its own sports news network, CBS Sports HQ, which will offer 24-hour streaming coverage of news, highlights and analysis for free online, via connected devices, and within the company’s over-the-top streaming service, CBS All Access. The network had originally said its plan for the sports streaming service was to replicate the success it found… Read More



Facebook says it has no interest in monetizing the Telecom Infra Project

Feb 26, 2:41PM

 Facebook, the social network giant with over 2 billion monthly users, has made a big effort to expand its business by doubling down on one of the big bottlenecks in the world of data: expensive and bad connectivity. And today at Mobile World Congress in Barcelona, the company unveiled a slate of updates about the many initiatives that it has helped spearhead to do that by way of projects… Read More



Why investor Jalak Jobanputra is betting big on crypto

Feb 26, 2:36PM

 When investor and entrepreneur Jalak Jobanputra first visited a blockchain conference five years ago she got goosebumps. The experienced investor had heard of cryptocurrencies but now that they had truly come into maturity she was excited. Now, five years later, she’s building her entire VC practice around blockchain and sees bright days ahead for the technology. Join us Jobanputra,… Read More



Huawei, Asus embrace the smartphone notch

Feb 26, 2:21PM

 The notch is here to stay. Two upcoming phones are reported to sport the awful, disgusting notch at the top of the screen. Huawei and Asus are following Apple and Essential down the notch hole. Neither of these phones are confirmed or officially announced yet. Both the Huawei and Asus models appeared online ahead of their official unveiling. They sport, among with what I assume are top-tier… Read More



Sources: BGF Ventures in flux as three partners are departing

Feb 26, 2:13PM

 Changes are afoot at BGF Ventures, the London-based early-stage venture fund of BGF, as three partners are departing, TechCrunch has learned. Read More



Geely becomes Daimler's largest shareholder with $9 billion stake

Feb 26, 2:06PM

 Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More



Otter's new app lets you record, transcribe, search and share your voice conversations

Feb 26, 2:00PM

 An app called Otter, launching today, wants to make it as easy to search your voice conversations as it is to search your email and texts. The idea to create a new voice assistant focused on transcribing everyday conversations – like meetings and interviews – comes from Sam Liang, the former Google architect who put the blue dot on Google Maps, then later sold his next company… Read More



ZenBusiness raises $4.5m to help launch one million small businesses by 2023

Feb 26, 2:00PM

 Starting a small business can involve a remarkable amount of red tape. Certificate of incorporations, sales tax licenses, publication requirements, annual franchise taxes, the list goes on. Even worse, every state in America has its own unique peculiarities. Failure to follow instructions perfectly can result in fines and possibly expropriation. And all you wanted to do was create a simple… Read More



Apple could be working on AirPods-like over-the-ear headphones

Feb 26, 1:53PM

 According to KGI analyst Ming-Chi Kuo and Apple Insider, Apple could be working on a brand new pair of wireless headphones for later this year. While the company already owns Beats, those over-the-ear headphones could be sold under the Apple brand. It seems like the AirPods are a success, and the company wants to capitalize on this market. The new headphones would feature the same convenience… Read More



5G needs a "new mindset" towards Internet rules, telcos warn

Feb 26, 1:45PM

 Carriers have kicked off the world’s biggest mobile phone tradeshow with calls for an “investment friendly framework” to fund rollouts of next-gen 5G network technology and level the playing field with Internet giants. “We need a new mindset,” argued Telefonica CEO José María Álvarez-Pallete López, giving the first keynote of the morning here at Mobile… Read More



Pop-up cameras could soon be a mobile trend

Feb 26, 1:41PM

 There’s an interesting concept making its way around Mobile World Congress. Two gadgets offer cameras hidden until activated, which offer a fresh take on design and additional privacy. Vivo built a camera into a smartphone concept that’s on a little sliding tray and Huawei will soon offer a MacBook Pro clone that features a camera hidden under a door above the keyboard. This could… Read More



Secure communications service Wickr is rolling out new free features

Feb 26, 1:37PM

 Wickr, the secure communications service, is bringing new features to its free users. Already available to paying Wickr customers, users of Wickr’s “Me” service will also now be able to enjoy encrypted calling to protect against listening ears. The company is adding end-to-end encrypted calling along with encrypted and ephemeral voice messages and memo. These features will… Read More



The Altairduino is the modern Altair replica of your dreams

Feb 26, 1:31PM

 Anyone who fondly remembers the Altair revolution probably wasn’t there. But that doesn’t stop us nerds from romanticizing one of the coolest proto-computers ever made. Originally sold as a way to interact with the magical 8800 chip back in January 1975, the Altair is one of the first usable home computers although it had no keyboard, mouse, or screen. For early geeks it was… Read More



Ford cars are getting a new 'voice-controlled co-driver' thanks to Sygic

Feb 26, 1:06PM

 Ford vehicles equipped with the automaker’s SYNC 3 infotainment system will soon have access to a new voice-powered driving assistant behind the wheel – Sygic’s new aptly named “Driving Assistant.” The feature, which works with Sygic’s GPS navigation app, is described as a “voice-controlled co-driver that helps the driver identify nearby rest-stops… Read More



Menswear startup InStitchu raises $2.5M from Chinese manufacturer Dayang

Feb 26, 1:00PM

Institchu NYC showroom Chinese clothing manufacturer Dayang Group is making a strategic investment in InStitchu, a startup selling custom tailored suits and other menswear. At $2.5 million, the round is relatively small, but InStitchu co-CEO James Wakefield said the real reason for taking the money is to deepen the relationship with Dayang. Apparently the manufacturer was already making half of the… Read More



May Mobility raises $11.5 million to deploy self-driving shuttle fleets

Feb 26, 12:30PM

 Michigan-based startup May Mobility, which is trying to swap out current transportation options for corporate and other clients with self-driving small shuttles, has raised $11.5 million in sed funding from investors including BMW i Ventures and Toyota AI Ventures, along with existing investors. The round comes just about a year into the company’s launch, and 2018 will also see May… Read More



Acorns, the financial management service for everyone else, adds 3 million users

Feb 26, 11:15AM

 Acorns, the financial management service focused on getting low- and middle-income households to invest and save responsibly, has reached 3 million users in the United States. The company has roughly $800 million in assets under management, with accounts coming from primarily low and middle income customers across all fifty states, according to Acorns co-founder and chief executive Noah… Read More



Sony teases an ultra low light camera for its future phones

Feb 26, 10:55AM

 This morning’s Sony press conference was a real whirlwind. The company announced two new phones and the availability of its Xperia Ear Duo, still managed to wrap it all up in about an hour. All said, it was actually kind of refreshing to be in and out so quickly. There was a quick “one more thing,” however, as it teased a future camera technology aimed at shooting in ultra… Read More




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