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Shogun wants to help businesses easily build a better online storefront
Mar 05, 4:01PM
Finbarr Taylor and Nick Raushenbush had started a little side project that was making just about enough money to keep the site’s lights on while they were working on their next plans. Then, a few months later, Shogun — a tool to help small businesses build shopfronts for sites like Shopify — started making a bit more. After a few months, it went from a nice dinner to a… Read More
RedDoorz raises $11M to grow its budget hotel network in Southeast Asia
Mar 05, 4:00PM
RedDoorz, a budget hotel startup focused on Southeast Asia, has closed $11 million in new funding to expand its presence. The three-year-old startup is a number offers a network of hotels that are grouped together under a single brand. The goal is a happy combination that marries the ubiquity of (typically) unorganized local guesthouse-style rooms with the more organized and efficient (but… Read More
Shape is an app to help you learn how to invest the ethical way
Mar 05, 3:57PM
Recently launched out of beta, U.K. startup Shape wants to create a more educational trading experience for a new generation of traders, including those who might be concerned with the ethical standards of the sectors or companies they back. Read More
Waze Carpool's new app lets riders get more choosy about their drivers
Mar 05, 3:50PM
Waze’s carpooling app for commuters is relaunching with a number of new features designed to make it easier and safer to use. The company says it will now allow people to choose their shared rides, instead of being matched blindly. That means riders will be able to pick drivers based on things like star ratings, mutual friends, whether they share the same workplace, and more. Custom… Read More
Flippy, the robot hamburger chef, goes to work
Mar 05, 3:39PM
A year after announcing a partnership with Caliburger, Miso Robotics’ resident chef has finally graduated Hamburger University. The AI-enabled line cook starts today, joining the the human crew at the fast casual restaurant’s Pasadena location during the lunch shift. The deal has been in the works for some time, with plans to bring the robot to 50 of the chain’s… Read More
Virtru's new API brings encryption tech built by ex-NSA engineer to third-party developers
Mar 05, 3:24PM
Virtru co-founder Will Ackerly developed the company’s underlying encryption technology while he was working as an engineer at the NSA, so it’s fair to say he knows a thing or two about the subject. The company has been delivering encryption products for email and files in transit for several years now, mainly through a partnership with Google GMail and Microsoft Office… Read More
As Disney's streaming service nears, Netflix rolls out improved parental controls
Mar 05, 2:49PM
Netflix this morning announced a series of updates that will make its service more family-friendly, including an additional option to set a PIN code on individual series or movies, as well as improvements to how its content ratings will appear to viewers. The changes are notable in light of Disney’s planned entry in the streaming market in 2019, when it will launch a Netflix… Read More
When venture capital becomes vanity capital
Mar 05, 1:30PM
I’ve written a lot about the benefits of efficient entrepreneurship. I’ve explained my view conceptually, tried to illustrate the mechanics of how excess capital kills promising companies, and shared data from 71 IPOs that demonstrates that even in success, more capital raised is not correlated with better outcomes. Just in case all of that was too conceptual, this blog post is… Read More
Lyft commits to cutting the problem of health care transportation in half by 2020
Mar 05, 1:00PM
In the wake of Uber’s entry into the healthcare transportation market, Lyft wants to remind people that’s a space it’s been working at for years, with partnerships across brokers of non-emergency medical transportation that cover nine of the top 10 health care systems in the U.S. It’s adding Allscripts today, and already counts Blue Cross Blue Shield, Ascension and… Read More
Taking on the Big 4 accounting giants, Paro receives $5m for its labor marketplace for financial professionals
Mar 05, 1:00PM
Accounting and financial controls are some of the most important functions of a modern company, but they are also serious cost centers. Hiring a full-time bookkeeper can be prohibitively expensive, and it can be difficult to find financial analysts and part-time CFOs that a company’s leaders can trust. Companies rely on accounting firms to manage these processes, but firms are often slow… Read More
Xiaomi phones could finally go on sale in the US before the end of this year
Mar 05, 12:24PM
Chinese smartphone giant Xiaomi could make its debut in the U.S. as soon as this year, according to its CEO. Lei Jun, the serial entrepreneur who leads the phone maker, told The Wall Street Journal that the company — which is being linked with an IPO this year — plans to finally begin selling phones Stateside within the next twelve months. “We’ve always been… Read More
UK facing legal action over immigration exemption in DP bill
Mar 05, 12:01PM
The UK’s data protection bill is facing fresh controversy and the threat of legal action if the government does not ditch an amendment which removes data protection rights in instances where the Home Office deems it could prejudice “effective immigration control”. Read More
Zen Rooms, Rocket Internet's budget hotel network in Asia, faces fire sale or closure
Mar 05, 11:33AM
Zen Rooms, a budget hotel network funded by Rocket Internet among others, is facing shutdown if investors are unable to sell the loss-making business. The two-year-old company offers a network of affordable hotels in 50 cities across Southeast Asia that are designed as a happy medium between affordable guesthouses, which are typically not organized and hard to book online, and more… Read More
Netflix's 'Icarus' wins the Oscar for Best Documentary Feature
Mar 05, 4:46AM
It was a quiet Oscar ceremony for the big streaming services, but Netflix’s doping film Icarus (directed by Bryan Fogel) did win the award for best documentary feature. The Big Sick, distributed by Amazon Studios, was nominated for best original screenplay, while Netflix’s Mudbound was nominated for best adapted screenplay, cinematography (amazingly, Rachel Morrison is the first… Read More
Notes from Shenzhen — the next Greater Bay Area
Mar 04, 7:30PM
I just walked into Shenzhen, and boy, is my mind boggled. Let me just get all my knee-jerk chorus-line reactions out of the way, before we get to the weird stuff: yes, this place is amazing. Yes, the scores of shiny new skyscrapers look like something out of science fiction. Yes, the electronics markets are colossal hives of sensory overload, buzzing nonstop with small-scale high-tech… Read More
ICOs delivered at least 3.5x more capital to blockchain startups than VC since 2017
Mar 04, 7:00PM
Recently, we found that, for 2018, the amount of money being raised by blockchain and blockchain-adjacent companies via traditional VC rounds is on pace to surpass 2017’s highs. But despite more than $900 million in recorded venture funding in 2017, and more than $375 million in known venture funding for the first two months of 2018 so far, traditional VC rounds — convertible… Read More
Snapchat is stuck in the uncanny valley of AR glasses
Mar 04, 6:16PM
“Timing”, Snapchat CEO Evan Spiegel said cryptically when asked what the greatest threat was for Snap Inc. “I think the big risks are always the really big product ideas that we’re investing in that are just hard to get right” he told the Goldman Sachs conference two weeks ago. The statements got lost amongst flashier quotes. He defended the Snapchat redesign… Read More
WTF is CFIUS?
Mar 04, 5:17PM
For many in the open source community, code and technology are meant to be free, shared with all of humanity in the pursuit of a better present and future. That is not how governments see it though. In their minds, technology is a strategic asset that provides a competitive advantage against other countries. These assets lead to wealth, to jobs, and ultimately, to domestic tranquillity. The U.S. Read More
YouTube removes ads from InfoWars' Alex Jones channel but says it has no plans to delete it
Mar 04, 5:01PM
As YouTube continues in its efforts to crack down harder on content that violates its terms of usage and promotes offensive and/or misleading content, it’s found itself in the fake news crossfire this weekend. After a video and some advertisers were removed from YouTube channels controlled by Alex Jones, the far-right commentator best known for hosting the video show InfoWars, Jones… Read More
Tina Sharkey has something to sell you (300 things, actually)
Mar 04, 1:05AM
Brandless is an usual company. A direct-to-consumer purveyor of food, beauty, and personal care products, it says that every item it makes is non-genetically modified, kosher, fair-trade, gluten-free, often organic and, in the case of cleaning supplies, EPA “Safer Choice” certified. They are also priced at $3 across the board. The idea, says cofounder and CEO Tina Sharkey, is… Read More
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