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AWS wants to rule the world
Dec 02, 5:46PM
AWS, once a nice little side hustle for Amazon’s eCommerce business, has grown over the years into a behemoth that’s on a $27 billion run rate, one that’s still growing at around 45 percent a year. That’s a highly successful business by any measure, but as I listened to AWS executives last week at their […]
Floom, the online marketplace and SaaS for florists, receives $2.5M seed
Dec 02, 5:34PM
Floom, the online marketplace and SaaS for independent florists, has raised $2.5 million in a seed funding. The round was round led by Firstminute Capital, and will be used by the London headquartered startup to continue to expand to the U.S., where it already operates in New York and L.A., and to further develop its […]
Lime tries to back-peddle on VP's line on why it hired Definers
Dec 02, 4:46PM
Scooter startup Lime has sought to back peddle on an explanation given by its VP of global expansion late last week when asked why it had hired the controversial PR firm, Definers Public Affairs. The opposition research firm, which has ties to the Republican Party, has been at the center of a reputation storm for Facebook, […]
Bright spots in the VR market
Dec 02, 2:30PM
Virtual Reality is in a public relations slump. Two years ago the public's expectations for virtual reality's potential was at its peak. Many believed (and still continue to believe) that VR would transform the way we connect, interact, and communicate in our personal and professional lives. It's easy to understand why this excitement exists once […]
Welcome to the stochastic age
Dec 02, 2:00PM
In 1990, Kleiner Perkins rejected 99.4% of the proposals it received, while investing in 12 new companies a year. Those investees made Kleiner Perkins “the most successful financial institution in the history of the world,” boasting “returns of about 40 percent per year, compounded, for coming up on thirty years.” Nowadays, the Valley’s VC poster […]
Now you can read the controversial Definers research about George Soros and Facebook
Dec 02, 12:07AM
Facebook is still dealing with the fallout from a New York Times report outlining the company’s strategy to fight back against criticism, particularly its work with Definers Public Affairs, an opposition research firm with ties to the Republican Party. That work included a document that Definers sent to reporters suggesting ties between George Soros and […]
Brazilian long term rentals service QuintoAndar raises $64M Series C
Dec 01, 10:41PM
There’s quite a bit wrong with real estate in Brazil, according to QuintoAndar founder and CEO Gabriel Braga. Those seeking long term rentals in big Brazilian cities like São Paulo and Rio de Janeiro are throttled by bureaucratic policies that enforce outrageously expensive deposits, the requirement of local cosigners and sky-high insurance fees. On the […]
Robot couriers scoop up early-stage cash
Dec 01, 7:00PM
Much of the last couple of decades of innovation has centered around finding ways to get what we want without leaving the sofa. But there's a catch: We can't lie around ordering pizzas if someone still has to deliver them.
Reddit co-founder Alexis Ohanian brings Armenian brandy to the US
Dec 01, 6:45PM
When Alexis Ohanian approached the members-only spirits subscription club Flaviar about bringing an Armenian brandy to market, he saw it as a unique opportunity to honor his paternal heritage.
The economics and tradeoffs of ad-funded smart city tech
Dec 01, 5:00PM
In order to have innovative smart city applications, cities first need to build out the connected infrastructure, which can be a costly, lengthy, and politicized process. Third-parties are helping build infrastructure at no cost to cities by paying for projects entirely through advertising placements on the new equipment. I try to dig into the economics […]
The battle over the driving experience is heating up and will be won in software
Dec 01, 2:30PM
Lou Shipley Contributor More posts by this contributor Why The Future Of Digital Security Is Open Sirius XM's recent all-stock $3.5-billion purchase of the music-streaming service Pandora raised a lot of eyebrows. A big question was why Sirius paid so much. Is Pandora's music library and customer base really worth that amount? The answer is […]
E Ink debuts a new electronic drawing technology
Nov 30, 9:00PM
E Ink — a name synonymous with e-reader screens — just debuted a new writing display technology called JustWrite. The tech offers the company's familiar monochrome aesthetic — albeit in negative this time, with white on black. The key here, as with most of E Ink's technology, is minimal power consumption and low cost, the […]
Facebook adds free TV shows Buffy, Angel, Firefly to redefine Watch
Nov 30, 8:00PM
Facebook hasn’t had a hit show yet for its long-form video hub Watch, so it’s got a new plan: digging up some deceased cult favorites from television. First up, Facebook is making all episodes of Joss Whedon’s Buffy The Vampire Slayer, Angel, and Firefly free on Facebook Watch. There’ll be simultaneous viewing Watch Parties where […]
PayPal: Black Friday & Cyber Monday broke records with $1B+ in mobile payment volume
Nov 30, 7:38PM
Black Friday broke records in terms of sales made from mobile devices, according to reports last week from Adobe. This week, PayPal said it saw a similar trend during the Thanksgiving to Cyber Monday shopping event. PayPal saw a record-breaking $1 billion+ in mobile payment volume for the first time ever on Black Friday — a […]
The International Space Station's new robot is a freaky floating space Alexa
Nov 30, 7:28PM
Meet Cimon. The 3D-printed floating robot head was developed by Airbus for the German Space Agency. He's been a crew member of the International Space Station since June, though as Gizmodo notes, this is the first time we're seeing him in action. Really the floating, Watson-powered robot face is like an extremely expensive Amazon Echo […]
Niantic confirms that Pokémon GO is getting PvP battles 'soon'
Nov 30, 5:44PM
Two and a half years after the launch of Pokémon GO, it’s still missing one major staple of the main series games: player versus player battling. That’s about to change. In a series of teaser tweets this morning, the company confirmed that the battle system is on the way, noting only that it’s “coming soon.” […]
The Arlo security camera goes 4K
Nov 30, 5:34PM
The Arlo line was something of a surprise hit for Netgear, causing the networking company to spin it off into its own business earlier this year. The Arlo ecosystem is one of the most robust in the smart security camera space, and now it's getting something it had never had before: 4K. The new Arlo […]
AT&T details its streaming service plans as it weighs a sale of its Hulu stake
Nov 30, 5:29PM
AT&T may be ready to sell its stake in Hulu, the company revealed in an analyst presentation on Thursday. The company currently owns a 10 percent stake in the service by way of WarnerMedia, as a result of its Time Warner acquisition. But AT&T today is running its own streaming services, including live TV service […]
Toyota taps Docomo 5G to remotely control its humanoid robot
Nov 30, 4:12PM
Toyota introduced T-HR3 to the world right around this time last year. The humanoid robot is capable of mimicking the motions of a plugged-in human, Ã la “Pacific Rim” and countless other sci-fi franchises. The 'bot has learned a few new tricks in the intervening year, including, notably, untethered control via 5G. Using the next-gen wireless […]
And the winner of Startup Battlefield at Disrupt Berlin 2018 is… Legacy
Nov 30, 4:01PM
Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front of multiple groups of VCs and tech leaders serving as judges for a chance to win $50,000 and the coveted Disrupt Cup. After hours of deliberations, TechCrunch editors pored over the judges' […]
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