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China's lunar probe makes history by successfully soft-landing on the far side of the moon
Jan 03, 5:30AM
It's not Lunar New Year yet, but there is something new on the moon. In a major milestone for space exploration, China announced that its lunar program has successfully soft-landed a probe on the far side of the moon, making it the first one to do so. The historic landing was reported by Xinhua, China's […]
Vengo, maker of touch-screen vending machines, just collected $7 million in fresh equity funding
Jan 03, 3:22AM
Vengo, a six-year-old, Bethpage, New York-based startup that makes touchscreen vending machines for a wide variety of uses and clients, has raised $7 million in new equity funding, shows a new SEC filing. That roughly doubles the amount of money the company has raised over the years, including from such notable investors as Brad Feld, […]
Lightspeed announces new $560 million fund for China
Jan 03, 3:16AM
Global investor Lightspeed is starting 2019 with its largest-ever fund for China, where it has backed a number of new internet challengers. The firm announced this week that its fourth China fund has closed with a total capital commitment of $560 million. The firm had a massive 2018, with no fewer than five of its portfolio holding IPOs […]
Senate confirms new FCC Commissioners Carr and Starks
Jan 03, 1:40AM
The Senate has officially confirmed the incoming FCC commissioners, Brendan Carr and Geoffrey Starks have been officially confirmed by the Senate for their five-year terms. This completes the five-seat commission, which is required to be balanced between the two parties — today's additions bring it to three Republicans and two Democrats.
Magic Leap and other AR startups have a rough 2019 ahead of them
Jan 02, 11:41PM
Very rarely does an early technology garner such an air of inevitability like AR has in the past few years. 2018 was supposed to be a year where the foundational tech for augmented reality was built out a bit and the industry took a couple big leaps. Things started off well-enough, but momentum really doesn’t […]
Sorry that I took so long to upgrade, Apple
Jan 02, 11:23PM
Apple had some bad news tonight. It was so bad, in fact, that it had to halt trading for a time while posting a grim report that its numbers would be lower than it had forecast at the last quarterly earnings report in November. Apple blamed faltering sales in Asia, particularly in China, for the adjustment, […]
The number of Alexa skills in the U.S. more than doubled in 2018
Jan 02, 11:06PM
Amazon Alexa had a good year as a developer platform – at least in terms of the number of voice apps being built for Alexa, if not yet the monetization of those apps. According to new data published today by Voicebot, the number of Amazon Alexa skills in the U.S. more than doubled over 2018, […]
FCC Chairman Pai celebrates Congress failing to bring back net neutrality
Jan 02, 10:11PM
As one Congress ends and another begins, many are looking forward to a rebalancing of power — especially in the House of Representatives, which Democrats handily retook in November. But FCC Chairman Ajit Pai is more pleased with what the House failed to do — namely, roll back his repeal of net neutrality rules. To […]
Hackers hijack thousands of Chromecasts to warn of latest security bug
Jan 02, 9:56PM
Hackers have hijacked thousands of exposed Chromecast streaming devices to warn users of the latest security flaw to affect the device. But other security researchers say that the bug — if left unfixed — could be used for more disruptive attacks. The culprits, known as Hacker Giraffe and J3ws3r, have become the latest person to figure […]
Apple lowers guidance on Q1 results, cites China trade tensions
Jan 02, 9:45PM
Apple CEO Tim Cook issued a letter today, revising guidance for the company’s Q1 fiscal results. Per the letter, revenue has been shifted from an initial projection of between $89 billion and $93 billion to $84 billion. The note highlights a number of reasons for dropping the number, including, perhaps most notably, lower than expected results […]
Will the gaming industry clutch up in 2019?
Jan 02, 9:32PM
2019 promises to be a great year in games. Innovation and competition will elevate the industry's offerings and drive more inclusivity among a broader range of audiences.
As market shifts, Atlas Venture closes a $250 million fund to support its breakaway biotech bets
Jan 02, 9:31PM
Atlas Venture, the Cambridge, Mass.-based early-stage, biotech-focused venture firm, has for the first time raised an opportunity fund designed to help it support its most promising, maturing portfolio companies. The $250 million fund, announced by the firm this morning, is pretty well-timed, as these things go. Though the public markets have bounced back a bit […]
Ninja raked in nearly $10 million in 2018
Jan 02, 9:14PM
Twitch superstar Tyler “Ninja” Blevins has finally settled the debate over just how much he earned in 2018. CNN reports that the gaming phenom pulled in close to $10 million last year, a little tidbit that he revealed to CNN during his press campaign on New Year’s Eve in New York City. (He also tried […]
See you in Vegas next week!
Jan 02, 8:12PM
It’s on like Donkey Kong! We’ll be seeing you next week, on January 9, 2019 at 6:00 PM, where we’ll mingle and run a full TC pitch-off with a bunch of great hardware companies. I’ve added 40 extra tickets, so hurry! The event will be held at Work In Progress, 317 South 6th Street. Special […]
Netflix pleads with people to stop doing the 'Bird Box' challenge
Jan 02, 7:43PM
Netflix has issued a warning to its customers thanks to a meme challenge that has gone viral in which people are choosing to put blindfolds on and navigate the world around them just like the characters in the horror movie “Bird Box.” Let the hilarity and the hospital visits begin. For those who spent the […]
Behold Ultima Thule, the most distant object ever explored by a spacecraft
Jan 02, 7:42PM
The New Horizons probe has just sent back its first real shots of Ultima Thule, a 21-mile-long rock or planetesimal deep in the reaches of the solar system — and now the most distant object ever visited up close by mankind. The principal investigator of the mission, Alan Stern, called the accomplishment "a technical success beyond anything ever attempted before in spaceflight."
Report: Mary Meeker targets $1.25B for debut fund, called Bond
Jan 02, 7:10PM
Mary Meeker's Bond will be the first >$1 billion fund led by a woman.
Netflix hires Activision CFO & former Disney exec Spencer Neumann as its new CFO
Jan 02, 7:01PM
Netflix has officially confirmed the hiring of its new Chief Financial Officer Spencer Neumann, formerly CFO at Activision Blizzard. The announcement directly follows reports from Reuters and The Wall Street Journal, which said Netflix had poached Neumann from Activision and would start him in his new position this year. CNBC on Wednesday reported Neumann had been fired from Activision two days […]
Windows 10 tops Windows 7 as most popular OS
Jan 02, 6:44PM
Just in time for the new year, a report from Net Marketshare puts Windows 10 in the top spot for desktop operating systems. It's the first time Microsoft's OS took the top spot since hitting the market three and a half years ago. At 39.22 percent of the market, Windows 10's rise isn't an overnight […]
Union Square Ventures secures $429M across two new funds
Jan 02, 6:27PM
USV co-founder Fred Wilson expect U.S. venture capitalists will "take a more cautious stance in 2019."
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