Saturday, June 9, 2018

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Here's what EA announced at E3 2018

Jun 09, 8:08PM

Good afternoon, downtown L.A.! The sun is shining, the birds are singing and the giant banners with gun toting cyborgs have been unveiled. That can only mean one thing: it's time for E3! Electronic Arts kicked the show off this morning with the first official press conference, and the big news was, as anticipated, Battlefield […]


Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike

Jun 09, 8:08PM

Uber is reportedly looking into buying Motivate, the company that makes Ford GoBike’s in the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reports of Lyft getting close to purchasing Motivate in a $250 million deal. Uber bought bike-share startup JUMP, a dockless, electric bike-share service, earlier this […]


How (and when) to watch the E3 2018 press conferences

Jun 09, 7:24PM

Sure, E3 doesn't actually officially start until Tuesday, but the big news kicks off this weekend. Here's a quick overview of some of the biggest new titles we expect to be shown off at press conferences from Sony, Microsoft and Nintendo, but there's a lot more to the show than just the big three. EA […]


Airbnb will now let people register as Open Homes emergency volunteers before a crisis hits

Jun 09, 6:40PM

Airbnb — the travel startup that lets individuals rent out private homes or rooms in private homes to people as an alternative to hotels — has racked up more than 17,000 nights in its Open Homes program, a voluntary effort where Airbnb hosts can offer their houses and rooms free of charge to people in […]


Silicon Valley scooter wars

Jun 09, 5:41PM

Electric scooters have become the hot new area for startups and “innovation.” For those who haven’t been keeping track, there are three main players in the Silicon Valley scooter wars: Bird, Lime and Spin. Bird first launched in Venice, Calif. before expanding into San Francisco in March. It’s worth pointing out that Bird, for now, is […]


Accenture wants to beat unfair AI with a professional toolkit

Jun 09, 5:00PM

Next week professional services firm Accenture will be launching a new tool to help its customers identify and fix unfair bias in AI algorithms. The idea is to catch discrimination before it gets baked into models and can cause human damage at scale. The “AI fairness tool”, as it’s being described, is one piece of […]


US startups off to a strong M&A run in 2018

Jun 09, 4:06PM

With Microsoft's $7.5 billion acquisition of GitHub this week, we can now decisively declare a trend: 2018 is shaping up as a darn good year for U.S. venture-backed M&A.


This box sucks pure water out of dry desert air

Jun 08, 11:58PM

For many of us, clean, drinkable water comes right out the tap. But for billions it's not that simple, and all over the world researchers are looking into ways to fix that. Today brings work from Berkeley, where a team is working on a water-harvesting apparatus that requires no power and can produce water even in the dry air of the desert. Hey, if a cactus can do it, why can't we?


TraceLink just landed $60 million more to eliminate counterfeit prescription drugs

Jun 08, 11:21PM

Just processed by the SEC on this bright Friday afternoon: TraceLink, a software-as-a-service platform for tracking pharmaceuticals and trying to weed out counterfeit prescription drugs in the process, has raised $60 million in Series D funding. The filing shows that 18 firms participated, including, presumably, Goldman Sachs, whose growth equity arm had led the company’s $51.5 million […]


Zoetrope effect could render Hyperloop tubes transparent to riders

Jun 08, 8:14PM

An optical illusion popular in the 19th century could make trips on the Hyperloop appear to take place in a transparent tube. Regularly spaced, narrow windows wouldn't offer much of a view individually, but if dozens of them pass by every second an effect would be created like that of a zoetrope, allowing passengers to effectively see right through the walls.


Why Microsoft wants to put data centers at the bottom of the ocean

Jun 08, 7:06PM

Earlier this week, Microsoft announced the second phase of Project Natick, a research experiment that aims to understand the benefits and challenges of deploying large-scale data centers under water. In this second phase, the team sank a tank the size of a shipping container with numerous server racks off the coast of the Orkney islands […]


Uber and Lyft apply for electric scooter permits in SF

Jun 08, 5:32PM

Uber and Lyft have officially put their respective names into the electric scooter competition. Uber and Lyft are among the 11 companies that applied to operate an electric scooter-sharing service within San Francisco city limits. The city, however, will only offer up to five companies permits to operate as part of a one-year test program. […]


IBM and the DoE launch the world's fastest supercomputer

Jun 08, 4:00PM

IBM and the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) today unveiled Summit, the department’s newest supercomputer. IBM claims that Summit is currently the world’s “most powerful and smartest scientific supercomputer” with a peak performance of a whopping 200,000 trillion calculations per second. That performance should put it comfortably at the top of […]


Airbnb creates $10M fund to cover cancelled reservations in Japan after regulatory shift

Jun 08, 3:40PM

Airbnb has been one of the breakthrough stories in the wave of shared-economy startups that have emerged out of Silicon Valley, with a valuation of $30 billion for its travellers platform that lets people book private homes as accommodations, as well as other services. But even so, it’s not immune to the force of regulation […]


Workday acquires Rallyteam to fuel machine learning efforts

Jun 08, 3:38PM

Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees […]


GitHub's epic exit, Domo's dicey math and Dataminr's big raise

Jun 08, 1:01PM

Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines. This time ’round we had Connie and Alex on hand with Brian Ascher, a longtime partner with Venrock down in Palo Alto, Calif. It was a surprisingly busy week, so we had our work cut out for us. […]


Yahoo Messenger is shutting down on July 17, redirects users to group messaging app Squirrel

Jun 08, 12:41PM

It’s the end of an era for Yahoo Messenger, one of the first instant messaging apps on the market. Today, Oath (which also owns TechCrunch) announced that it would be winding down the service on July 17 as it continues to experiment and consider how and if it can have a relevant place in the […]


Hans Vestberg to take over as Verizon's CEO in August

Jun 08, 11:33AM

Verizon today announced CEO Lowell McAdam is stepping down from his post as August 1, 2018, seven years to the day he took the spot. He will stay on as Executive Chairman of the Board through the end of 2018 and as Non-Executive Chairman thereafter. Hans Vestberg, Chief Technology Officer of Verizon as well as […]


Alibaba's Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Jun 08, 4:24AM

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors have been flying about this huge financing deal for the past month or so, with multiple publications reporting that Ant […]


What to expect from Microsoft, Nintendo and Sony at E3 2018

Jun 08, 12:20AM

It's June, so that means it's time to spend some quality time in downtown Los Angeles. E3 doesn't actually begin in earnest until next Tuesday, but much of the big news will actually drop over the weekend, during press conferences from Microsoft, EA and Bethesda. Starting Saturday, the video game news will be arriving fast […]



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