Wednesday, February 28, 2018

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Rodolfo Rosini enters VC, joins AI and machine learning accelerator Zeroth.ai as Partner

Feb 28, 2:59PM

 If you can’t beat ’em, join ’em. Rodolfo Rosini, a genuine serial entrepreneur and well-liked and well-connected figure in the U.K. startup scene, is giving up startup life to move over to the “dark side” and become a VC. Read More



Porsche's EV lead takes shots at Tesla while hyping the Mission E

Feb 28, 2:55PM

 Porsche is readying its Mission E for launch, with a 2019 target sales date. The all-electric Tesla Model S competitor has a lot of car fans excited, and has been drawing covetous looks since the concept’s unveiling back in 2015. Now that launch is drawing closer, however, we have some new info about the car, how it charges and its performance. Porsche EV lead Stefan Weckbach told a group… Read More



The appeal of Mobile World Congress for startups is starting to wane

Feb 28, 2:47PM

 It’s hilarious to think that it’s been six years since I wrote that software was starting to eat Mobile World Congress, as the action in the mobile world moved — at the time — deeper and deeper into apps. In the intervening year’s we’ve seen a huge boom in the startup world, and six years ago companies like Waze were still startups that could take the heat… Read More



Edgybees raises $5.5M to bring better AR to cars and drones

Feb 28, 2:40PM

 It’s one thing to dispatch a drone when an accident happens to get an aerial overview of what’s happening on the ground, but you get far better situational awareness if you can use augmented reality (AR) to add the names of roads, the location of key personnel, cars and other assets to that view. That’s what Edgybees, a Santa Clara-based startup that current specializes in AR… Read More



Facebook rolls out job posts to become the blue-collar LinkedIn

Feb 28, 2:33PM

 LinkedIn wasn’t built for low-skilled job seekers, so Facebook is barging in. Today Facebook is rolling out job posts to 40 more countries to make itself more meaningful to people’s lives while laying the foundation for a lucrative business. Businesses will be able to post job openings to a Jobs tab on their Page, Jobs dashboard, Facebook Marketplace, and the News Feed that they… Read More



Waymo 360-degree video shows how autonomous vehicles work

Feb 28, 2:23PM

 Fresh on the heels of settling a contentious and expensive lawsuit with Uber, Alphabet’s self-driving unit Waymo is looking to get out there and educate the public on how its autonomous vehicles work. In a blog post announcing that Waymo self-driving cars have racked up 5 million miles of driving experience on public roads, the company released a video called the Waymo 360-degree… Read More



Apple Watch apps now track ski performance

Feb 28, 1:00PM

 Skiers, rejoice! It just got a lot easier to track your mountain treks. Due to an Apple Watch update that combines GPS and altimeter (altitude) measuring, ski apps are now able to quantify performance. If you’re wondering how many calories you’ve burned or how fast you were going, all that data is available and more. The new features are rolling out today, with Ski… Read More



Sea President Nick Nash is leaving to start his own Asia-focused investment fund

Feb 28, 12:58PM

 Nick Nash is leaving his role as group president of Sea, the Singapore-based games and e-commerce company that went public in the U.S. last year, to start his own startup fund. Sea announced that Nash will exit the company at the end of 2018, giving it plenty of time to transition and find a replacement. In the meantime, TechCrunch understands that Nash will begin fundraising with a view to… Read More



Baidu's video business iQiyi to raise up to $1.5B in US IPO

Feb 28, 12:22PM

 Baidu’s iQiyi video division is set to become the latest Chinese tech company to go public in the U.S. after it filed to raise up to $1.5 billion via an IPO on the Nasdaq. The service was started in 2010 by search giant Baidu, which owns a dominant 70 percent of the company. Xiaomi (eight percent) and Hillhouse (six percent) are the other major names that have backed it. A… Read More



TechVets launches to offer UK military veterans a route into cyber and startups

Feb 28, 12:14PM

 There’s a problem in the UK tech industry and it’s staring us in the face. The tech industry is growing at twice the rate of the wider economy and now contributes around £97bn a year, up 30pc in five years. And yet only 4% of military veterans work in ICT, which is 20% less than non-veterans. Yes, a military veteran is five times less likely to go into tech than a non-veteran. Read More



Fitbit's next smartwatch will probably look like this

Feb 28, 11:06AM

 It sure seemed like Fitbit was all in on the Ionic. The company’s first true smartwatch was the result of multiple acquisitions and CEO James Park was talking up the device as a sort of lifeline for the struggling company. But the product stumbled for both hardware and software reasons, and the company acknowledged during its earnings call that sales weren’t near what it had hoped. Read More



eBay boosts its Japanese business with an acquisition

Feb 28, 10:34AM

 eBay is ramping up its presence in Japan via its latest investment in Asia. The U.S. online retail giant announced today that it has acquired the Japan-based business of pan-Asia e-commerce company Giosis, which is called Qoo10.jp, in an undisclosed deal. eBay originally set up Singapore-based Giosis in 2010 alongside Korea’s Gmarket, and as part of today’s deal it will give up… Read More



Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Feb 28, 10:00AM

 Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part of this deal from his perspective is that Aurora gets two, high-profile… Read More



Here and Naver Labs ink robotics deal to map indoor spaces

Feb 28, 9:17AM

Heathrow Airport Your trip through the airport or train station may soon become a little more crowded — not with people, but with robots, busily scanning and plotting the space so that one day, even more of their cousins can zip around with your luggage and Shake Shack orders. Here, the mapping company majority-owned by Audi, BMW and Daimler, has entered a robotics partnership with Naver Labs, part of… Read More



Amazon launches its Prime Music service in India

Feb 28, 8:52AM

 Amazon has quietly launched its Prime Music service in India today. The retailer brought its Prime service to India some 18 months ago, but at the time it was lacking the free music and video streaming services. Amazon added the Prime Video months later, but it has taken some time for the music service to be deemed ready for the market. Medianama — where we first read of today’s… Read More



Kindred Capital, an £80M seed VC firm in London, is giving founders it backs a share of fund profits

Feb 28, 8:00AM

 Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Read More



India-based music streaming service Gaana raises $115M led by Tencent

Feb 28, 1:55AM

 Chinese internet giant Tencent is continuing to put its money in India and in music streaming services after it agreed to lead a $115 million investment in India’s Gaana. Gaana is a music streaming service that was started by Times Media, the company behind the Times of India newspaper and tech incubator Times Internet among other things, seven years ago. Gaana didn’t reveal its… Read More



Global tech firms and investors are reshaping Latin America's startup environment

Feb 28, 1:00AM

 Latin America is emerging as the new battleground for the global tech giants, and some of Silicon Valley and Asia’s biggest investors—from Sequoia Capital to SoftBank—are taking notice. International investment in Latin American startups has more than doubled since 2013, with 25 new investors entering the region in 2017 alone, including SoftBank, Didi Chuxing and… Read More



New, new, new TechCrunch

Feb 28, 12:28AM

 In the beginning, there was TechCrunch. Then there was new TechCrunch. And, if you’ve been reading TechCrunch for the last five years or so, you’re used to seeing new, new TechCrunch. Our last redesign, launched in 2013, was conceived when iOS was still Skeuomorphic and responsive web design was forward thinking. It’s served us well, but the internet never stands still and… Read More



Warrantless surveillance law proves it's time to take privacy into our own hands

Feb 27, 10:00PM

privacy please The warrantless surveillance law gained attention in 2013 when Edward Snowden leaked that the NSA was using it to spy on Americans’ text messages, phone calls, emails and internet activity — all legally, and without warrants. That bill has been passed by the U.S. Senate for another six years and has been signed into law by President Trump. Naturally, this has caused quite the uproar. Read More




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