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Cross-border fintech startup Instarem raises $20M for global expansion
Nov 22, 4:27AM
Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank Kasikorn — as well as […]
Tencent e-wallet is following Alibaba to Hong Kong subways
Nov 22, 4:00AM
China’s payments giants have taken their battle to Hong Kong. Less than a week after Ant Financial announced adding QR codes to the city’s MTR public transport network of rail, Tencent’s WeChat Pay unveiled a similar scheme on Wednesday. Starting mid-2021, commuters in Hong Kong can scan a barcode to enter the subway turnstile through […]
Teaching STEM through the wonders of larva harvesting
Nov 22, 1:52AM
There's hardly enough room to turn around in Livin Farms' office. Pretty standard, really, in Central, Hong Kong, where space is at a perpetual premium. It's a small operation for the HAX-backed startup — there's space for a few desks and not much more. The startup's last product, the Hive, stands next to the door. […]
With no moving parts, this plane flies on the ionic wind
Nov 22, 12:10AM
Since planes were invented, they've flown using moving parts to push air around. Sure, there are gliders and dirigibles, which float more than fly, but powered flight is all about propellers (that's why they call them that). Today that changes, with the first-ever 'solid state' aircraft, flying with no moving parts at all by generating "ionic wind."
They're making a real HAL 9000, and it's called CASE
Nov 21, 8:34PM
Don't panic! Life imitates art, to be sure, but hopefully the researchers in charge of the Cognitive Architecture for Space Exploration, or CASE, have taken the right lessons from 2001: A Space Odyssey, and their AI won't kill us all and/or expose us to alien artifacts so we enter a state of cosmic nirvana.
LinkedIn cuts off email address exports with new privacy setting
Nov 21, 8:24PM
A win for privacy on LinkedIn could be a big loss for businesses, recruiters and anyone else expecting to be able to export the email addresses of their connections. LinkedIn just quietly introduced a new privacy setting that defaults to blocking other users from exporting your email address. That could prevent some spam, and protect […]
Facebook is still facing 'intermittent' outages for advertisers ahead of Black Friday and Cyber Monday
Nov 21, 8:24PM
One day after experiencing a massive outage across its ad network, Facebook, one of the most important online advertising platforms, is still seeing “intermittent” issues for its ad products at one of the most critical times of the year for advertisers. According to a spokesperson for the company, while most systems are restored there are […]
Apple puts its next generation of AI into sharper focus as it picks up Silk Labs
Nov 21, 8:01PM
Apple’s HomePod is a distant third behind Amazon and Google when it comes to market share for smart speakers that double up as home hubs, with less than 5 percent share of the market for these devices in the U.S., according to one recent survey. And its flagship personal assistant, Siri, has also been determined […]
Driven to safety — it's time to pool our data
Nov 21, 8:00PM
We need to create industry and regulatory environment in which autonomous vehicle companies compete based upon the quality of their technology -- not just upon their ability to spend hundreds of millions of dollars to collect and silo as much data as possible.
Thanksgiving travel nightmare projected to hit these US cities the worst
Nov 21, 7:36PM
The latest data from Inrix paints a dismal picture for folks traveling Wednesday (that’s today!) ahead of the Thanksgiving holiday. Drivers in Boston, New York City and San Francisco will see the largest delays with drive times nearly quadruple the norm, according to AAA and Inrix, which aggregates and analyzes traffic data collected from vehicles and highway […]
Facebook has poached the DoJ's Silicon Valley antitrust chief
Nov 21, 6:57PM
Facebook has recruited Kate Patchen, a veteran of the U.S. Department of Justice who led its antitrust office in Silicon Valley, to be a director and associate general counsel of litigation. Patchen takes up her post amid ongoing scandals and reputation crises for her new employer, joining Facebook this month, according to her LinkedIn profile. The […]
Google Assistant iOS update lets you say 'Hey Siri, OK Google'
Nov 21, 6:26PM
Apple probably didn't intend to let competitors take advantage of Siri Shortcuts this way, but you can now launch Google Assistant on your iPhone by saying "Hey Siri, OK Google ." But don't expect a flawless experience — it takes multiple steps. After updating the Google Assistant app on iOS, you need to open the […]
Drone.io, Packet team on free continuous delivery service for open-source developers
Nov 21, 6:00PM
Drone.io, makers of the open-source Drone continuous integration/continuous delivery tool (CI/CD), announced Drone Cloud today, a new CI/CD cloud service that it’s making available for free to open-source projects. The company is teaming with Packet, which is offering to run the service for free on its servers. Drone.io co-founder Brad Rydzewski says his company is […]
Facebook appeals UK data watchdog's £500K Cambridge Analytica fine
Nov 21, 4:45PM
Facebook has said it will appeal a £500,000 penalty issued by the U.K.’s data watchdog this summer following a lengthy investigation into the Cambridge Analytica data misuse scandal. Facebook told the regulator an estimated one million U.K. users were among the 87 million of its users whose private data was harvested by Dr. Aleksandr Kogan and his company […]
Affetto is the wild-boy-head robot of your nightmares
Nov 21, 4:10PM
Affetto is a robot that can smile at you while it pierces your soul with its endless, dead state. Created by researchers at Osaka University, this crazy baby-head robot can mimic human emotions by scrunching up its nose, smiling and even closing its eyes and frowning. Put it all together and you get a nightmare […]
Amazon admits it exposed customer email addresses, but refuses to give details
Nov 21, 4:07PM
Amazon's renowned secrecy encompasses its response to a new security issue, withholding info that could help victims protect themselves. Amazon emailed users Tuesday, warning them that it exposed an unknown number of customer email addresses after a “technical error” on its website. When reached for comment, an Amazon spokesperson told TechCrunch that the issue exposed […]
CV Compiler is a robot that fixes your resume to make you more competitive
Nov 21, 3:12PM
Machine learning is everywhere now, including recruiting. Take CV Compiler, a new product by Andrew Stetsenko and Alexandra Dosii. This web app uses machine learning to analyze and repair your technical resume, allowing you to shine to recruiters at Google, Yahoo and Facebook. The founders are marketing and HR experts who have a combined 15 […]
Quantum Machines raises $5.5M to build control and operational layer for quantum computers
Nov 21, 2:12PM
Quantum Machines, an Israeli startup launched by three Ph.D. physicists, wants to build the operational and control layer for quantum computing. Today, it announced a $5.5 million seed investment led by TLV Partners with participation from Battery Ventures. The three principals have been studying quantum computing for a decade and they understand that to commercialize […]
Facebook failed to stop a child bride being auctioned on its platform
Nov 21, 1:14PM
Facebook failed to prevent its platform being used to auction a 16-year-old girl off for marriage in South Sudan. Child early and forced marriage (CEFM) is the most commonly reported form of gender-based violence in South Sudan, according to a recent Plan International report on the myriad risks for adolescent girls living in the war-torn region. Now […]
Google's News Initiative heads to APAC with grants of up to $300K for media orgs
Nov 21, 11:49AM
Google is expanding its efforts to support media to Asia-Pacific after the search giant brought its Google News Initiative to the region. Known as GNI, the program is designed to “help quality journalism thrive in the digital age” by providing grants (i.e. cash without equity) to media organizations that are judged to have potential. The initiative […]
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