Sunday, September 30, 2018

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Solve, MIT's take on social innovation challenges, may be different enough to work

Sep 29, 10:43PM

Since McKinsey released a report on how best to use prizes to incentivize innovation nearly a decade ago, an entire industry has grown around social innovation challenges. The formula for these "save the world" competitions has become standard. Drum up a lot of buzz around an award. Partner with big names to get funding and […]


Ne-Yo wants to make Silicon Valley more diverse, one investment at a time

Sep 29, 10:15PM

Ne-Yo made his first investment in the coding academy Holberton School about a year ago. This month, he visited the campus for its grand opening and spoke to TechCrunch about his Silicon Valley ambitions.


Elon Musk agrees to resign as Tesla chairman in settlement with SEC

Sep 29, 9:35PM

Tesla CEO Elon Musk will step down as chairman of the electric automaker and pay a $20 million fine under a settlement reached with the U.S Securities and Exchange commission. Musk will remain CEO and he will still keep a seat on the board, just not as chairman. The agreement settles what could have turned into […]


Best Buy stocked an unannounced Chromecast ahead of Google's hardware event

Sep 29, 8:56PM

Google’s big hardware event, scheduled for October 9, is expected to feature the new Pixel 3 and Pixel 3 XL phones. But now we know that Google will probably reveal a third-generation model of Chromecast, thanks to one recent Best Buy customer who discovered the device on store shelves. Whoops. “GroveStreetHomie” detailed his experience on a […]


The 2019 BMW i3 now has 153 miles of range thanks to a bigger battery

Sep 29, 7:57PM

The BMW i3 is getting an upgraded battery — plus a bunch of other improvements —that will give the 2019 model about 153 miles of range. That’s roughly a 30% improvement from the previous model. The boost in range is noteworthy, yet it still lags behind the Chevy Bolt and the Tesla Model S, Model X […]


Autonomous shuttle startup May Mobility expands to a third U.S. city

Sep 29, 5:25PM

May Mobility launched its first low-speed autonomous shuttle service in Detroit this summer. By March, the Ann Arbor, Michigan-based company will be operating in at least three U.S. cities. The company, which just announced plans to expand to Columbus, Ohio, is planning to add another route in Grand Rapids, Michigan. It’s a rapid acceleration for […]


Bots replacing office workers drive big valuations

Sep 29, 5:12PM

A lot of people still get paid to sit in offices and do repetitive tasks. In recent years, however, employers have been pushing harder to find ways to outsource that work to machines.


Facebook is weaponizing security to erode privacy

Sep 29, 4:00PM

At a Senate hearing this week in which US lawmakers quizzed tech giants on how they should go about drawing up comprehensive Federal consumer privacy protection legislation, Apple’s VP of software technology described privacy as a “core value” for the company. “We want your device to know everything about you but we don’t think we should,” Bud […]


Two weeks with a $16,000 Hasselblad kit

Sep 29, 2:00PM

For hobbyist photographers like myself, Hasselblad has always been the untouchable luxury brand reserved for high-end professionals. To fill the gap between casual and intended photography, they released the X1D — a compact, mirrorless medium format. Last summer when Stefan Etienne reviewed the newly released camera, I asked to take a picture. After importing the raw file […]


What each cloud company could bring to the Pentagon's $10 B JEDI cloud contract

Sep 29, 1:00PM

The Pentagon is going to make one cloud vendor exceedingly happy when it chooses the winner of the $10 billion, ten-year enterprise cloud project dubbed the Joint Enterprise Defense Infrastructure (or JEDI for short). The contract is designed to establish the cloud technology strategy for the military over the next 10 years as it begins […]


What Instagram users need to know about Facebook's security breach

Sep 28, 11:34PM

Even if you never log into Facebook itself these days, the other apps and services you use might be impacted by Facebook’s latest big, bad news. In a follow-up call on Friday’s revelation that Facebook has suffered a security breach affecting at least 50 million accounts, the company clarified that Instagram users were not out […]


Facebook blocked users from posting some stories about its security breach

Sep 28, 9:31PM

Some users are reporting that they are unable to post today’s big story about a security breach affecting 50 million Facebook users. The issue appears to only affect particular stories from certain outlets, at this time one story from The Guardian and one from the Associated Press, both reputable press outlets. Facebook is preventing users from […]


Betterment keeps growing as fintech competitors rise

Sep 28, 9:08PM

Betterment, which Barron's recently declared the largest independent online financial adviser, is betting that the future of online investing includes a blend of robot and human advisers. And the plan is working, according to chief executive Jon Stein. However, incumbents like Vanguard have leveraged existing strengths to move in to the market, and other startups […]


5 takeaways on the state of AI from Disrupt SF

Sep 28, 9:06PM

The promise of artificial intelligence is immense, but the roadmap to achieving those goals still remains unclear. Onstage at TechCrunch Disrupt SF, some of AI’s leading minds shared their thoughts on current competition in the market, how to ensure algorithms don’t perpetuate racism and the future of human-machine interaction. Here are five takeaways on the […]


Everything you need to know about Facebook's data breach affecting 50M users

Sep 28, 8:48PM

Facebook is cleaning up after a major security incident exposed the account data of millions of users. What’s already been a rocky year after the Cambridge Analytica scandal, the company is scrambling to regain its users trust after another security incident exposed user data. Here’s everything you need to know so far. What happened? Facebook […]


Pulling back the curtain on how SoftBank's massive Vision Fund works — including just how big a check it can write

Sep 28, 8:38PM

Picture it. The scene is Silicon Valley. Suddenly an investment firm materializes on the scene and starts writing checks bigger than anyone is accustomed to seeing. Fellow investors start to privately complain. Its partners are poseurs, they say. The firm is driving up valuations, they continue. It’s going to ruin venture capital, they conclude. It […]


Y Combinator is changing up the way it invests

Sep 28, 8:31PM

To keep up with the growing sizes of early-stage funding rounds, Y Combinator announced this morning that it will increase the size of its investments to $150,000 for 7 percent equity starting with its winter 2019 batch. Based in Mountain View, Calif., YC funds and mentors hundreds of startups per year through its 12-week program that […]


US government loses bid to force Facebook to wiretap Messenger calls

Sep 28, 7:53PM

US government investigators have lost a case to force Facebook to wiretap calls made over its Messenger app. A joint federal and state law enforcement effort investigating the MS-13 gang had pushed a district court to hold the social networking giant in contempt of court for refusing to permit real-time listening in on voice calls. […]


Online education unicorn Udacity has quietly laid off 5% of staff — at least 25 people — since August

Sep 28, 6:59PM

Online education is a $160 billion+ industry today, but as it continues to mature, there are some inevitable ebbs and flows. In the latest development, TechCrunch has learned and confirmed that Udacity — the $1 billion startup co-founded by Sebastian Thrun that specialises in “nanodegrees” in tech subects that range from AI and coding through […]


Intel acknowledges supply issues, will prioritize premium chips

Sep 28, 6:53PM

Intel interim CEO Bob Swan issued an uncharacteristically frank letter today, highlighting the company's supply issues. The executive blames the surprising growth of an unexpectedly rebounding PC industry for the shortage. Swan says that rebound is driven by “strong demand for gaming as well as commercial systems.” It's a bit of a perfect storm here. […]



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