Friday, June 15, 2018

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Elizabeth Holmes reportedly steps down at Theranos after criminal indictment

Jun 15, 9:16PM

Elizabeth Holmes has left her role as CEO of Theranos and has been charged with wire fraud, CNBC and others report. The company’s former president, Ramesh “Sunny” Balwani, was also indicted today by a grand jury. These criminal charges are separate from the civil ones filed in March by the SEC and already settled. Theranos’s […]


Judge says 'literal but nonsensical' Google translation isn't consent for police search

Jun 15, 8:03PM

Machine translation of foreign languages is undoubtedly a very useful thing, but if you're going for anything more than directions or recommendations for lunch, its shallowness is a real barrier. And when it comes to the law and constitutional rights, a "good enough" translation doesn't cut it, a judge has ruled.


Machines learn language better by using a deep understanding of words

Jun 15, 5:53PM

Computer systems are getting quite good at understanding what people say, but they also have some major weak spots. Among them is the fact that they have trouble with words that have multiple or complex meanings. A new system called ELMo adds this critical context to words, producing better understanding across the board.


Apple and Oprah sign a multi-year partnership on original content

Jun 15, 5:34PM

Apple announced today a multi-year content partnership with Oprah Winfrey to produce programs for the tech company’s upcoming video streaming service. Apple didn’t provide any specific details as to what sort of projects Winfrey would be involved in, but there will be more than one it seems. Apple shared the news of its deal with […]


Kustomer gets $26M to take on Zendesk with an omnichannel approach to customer support

Jun 15, 5:32PM

The CRM industry is now estimated to be worth some $4 billion annually, and today a startup has announced a round of funding that it hopes will help it take on one aspect of that lucrative pie, customer support. Kustomer, a startup out of New York that integrates a number of sources to give support […]


With its new in-car operating system, BMW slowly breaks with tradition

Jun 15, 5:30PM

When you spend time with a lot of BMW folks, as I did during a trip to Germany earlier this month, you’ll regularly hear the word “heritage.” Maybe that’s no surprise, given that the company is now well over 100 years old. But in a time of rapid transformation that’s hitting every car manufacturer, engineers […]


Showcase your country or state's startups at Startup Alley

Jun 15, 5:00PM

Disrupt SF is just a few months away (September 5-7 at Moscone Center West) and we're looking for delegations of international startup groups, government innovation centers, incubators and accelerators to organize a country, state or regional pavilion in Startup Alley. Are you ready to step on a world stage, show off your emerging companies and […]


Lemonade files lawsuit against wefox for IP infringement

Jun 15, 4:57PM

Lemonade, the insurance platform based out of NYC, has filed a lawsuit against German company ONE Insurance, its parent company wefox, and founder Julian Teicke. The complaint, filed in the U.S. District Court Southern District of NY, alleges that wefox reverse engineered Lemonade to create ONE, infringing Lemonade’s intellectual property, violating the Computer Fraud and […]


Uber's unrelenting desire to be everything

Jun 15, 4:45PM

Welcome back to CTRL+T, the TechCrunch podcast where Megan Rose Dickey and I talk about stories from the week that we either found interesting or hated and had more to say about. This week we talked about Uber . Uber, Uber, Uber. This company wants everything. The rideshare market! Autonomous vehicles! Flying vehicles! And now? […]


Apple Maps outage disrupts search and navigation for all users [Update: resolved]

Jun 15, 4:35PM

Apple Maps is experiencing a widespread outage, according to the company’s System Status page. Maps routing, navigation and search are impacted by the outage, which is affecting all users, the page informs. [Update: the problems were resolved at 1:05 PM ET.] The issues were first noticed by the Apple news site MacRumors, before Apple’s own […]


European and Indian regulators team up to defend net neutrality

Jun 15, 4:06PM

Representatives of Europe's BEREC (Body of European Regulators for Electronic Communications) and India's TRAI (Telecom Regulatory Authority of India) met up yesterday to sign a joint statement to promote an open internet. This short document describes a set of rules to guarantee net neutrality. Those are some basic rules, such as equal treatment of internet […]


Venmo is discontinuing web support for payments and more

Jun 15, 3:26PM

PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo .com website phasing out support for making payments and charging users. In time, users will see even less functionality on the website, […]


Fitbit employees charged with stealing Jawbone trade secrets

Jun 15, 3:15PM

Six current and former Fitbit employees have been hit with a federal indictment over the theft of trade secrets from one-time rival, Jawbone. All had worked for Jawbone for at least a year between 2011 and 2015, before jumping ship and getting hired by the company's chief competitor. The allegations have been floating around for […]


Gmail proves that some people hate smart suggestions

Jun 15, 3:06PM

Gmail has recently introduced a brand new redesign. While you can disable or ignore most of the new features, Gmail has started resurfacing old unanswered emails with a suggestion that you should reply. And this is what it looks like: The orange text immediately grabs your attention. By bumping the email thread to the top […]


Adobe could be the next $10 billion software company

Jun 15, 2:55PM

Adobe reported its Q2 FY'18 earnings yesterday and the news was quite good. The company announced $2.2 billion in revenue for the quarter up 24 percent year over year. That puts them on an impressive $8.8 billion run rate, within reach of becoming the next $10 billion software company (or at least on a run […]


Apple's new Mac ads show that even Grimes uses dongles

Jun 15, 2:02PM

Apple has launched a new advertising campaign for the Mac called "behind the Mac". In this campaign, the company is sharing user stories of people using Mac for work, creative projects and accessibility reasons. The Mac is a versatile platform. People use it for boring tasks, such as checking emails and browsing the web. But […]


YC alum Modern Health, a startup focused on emotional wellbeing, gets $2.26M seed funding

Jun 15, 2:00PM

About one year ago, a note from a CEO thanking his employee for using sick days to take care of her mental health went viral. It was a reminder to Alyson Friedensohn of what she wants to accomplish with Modern Health, the emotional health benefits startup she founded last year with neuroscientist Erica Johnson. "We […]


Zelle forecast to overtake Venmo this year

Jun 15, 1:38PM

Despite some concerns over its adoption by scammers, new payment service Zelle is shaping up to overtake rival Venmo this year, according to a new forecast from eMarketer. The firm expects Zelle to grow more than 73 percent in 2018, to reach 27.4 million users in the U.S., ahead of Venmo’s 22.9 million. Square Cash […]


Scooters go mad, Opendoor wants to buy your house and Meituan's IPO

Jun 15, 1:00PM

Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast where we unpack the numbers behind the headlines. This week was something of a first for the crew, twice. First, we had two guests on the show, and, also, we only made it through two and a half topics. The former is good, the latter is, […]


Cheq raises $5M for a proactive, AI-driven approach to safe ad placement

Jun 15, 12:54PM

While brand safety and fraud prevention have been big topics in the online ad industry over the past couple years, Cheq CEO Guy Tytunovich argued that “first generation solutions for ad verification” aren’t good enough. The problem, Tytunovich said, is that existing products use sampling to alert advertisers to issues “after the fact.” Compare this […]



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