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World's most valuable AI startup SenseTime unveils self-driving center in Japan
Jan 11, 7:26AM
The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo where it plans to conduct R&D and road test driverless vehicles. The initiative follows its agreement with Japanese auto giant Honda in […]
Improbable and Epic Games establish $25M fund to help devs move to 'more open engines' after Unity debacle
Jan 11, 3:04AM
Improbable is taking a daring step after announcing earlier today that Unity had revoked its license to operate on the popular game development engine. The UK-based cloud gaming startup has inked a late-night press release with Unity rival Epic Games, which operates the Unreal Engine and is the creator of Fortnite, establishing a $25 million […]
A Pong table managed to wow CES 2019
Jan 11, 2:42AM
That's not the kind of headline one expects to write going into the week. But here we are. Universal Space's analog Pong table is a mindblower in a whole unexpected way. The tabletop machine goes more retro than retro by bring pong into the real world through the magic of magnets (some day, perhaps, we'll […]
Taking a stroll with Samsung's robotic exoskeleton
Jan 11, 2:11AM
Samsung's look but don't touch policy left many wondering precisely how committed the company is to its new robots. On the other hand, the company was more than happy to let me take the GEMS (Gait Enhancing and Motivation System) spin. The line includes a trio of wearable exoskeletons, the A (ankle), H (hip) and […]
Unity pulls nuclear option on cloud gaming startup Improbable, terminating game engine license
Jan 11, 1:51AM
A pair of highly-funded gaming unicorns are publicly skirmishing and the deal could have major repercussions for game developers. Today, UK-based cloud gaming startup Improbable, announced that Unity, a hugely popular game development engine, had terminated their license, effectively shutting them out from one of their top customer sources. If permanent, the license termination would […]
Reports raise video privacy concerns for Amazon-owned Ring
Jan 11, 1:47AM
Amazon -owned smart doorbell maker Ring is facing claims that might give some smart home enthusiasts pause. Recent reports from The Intercept and The Information have accused the company of mishandling videos collected by its line of smart home devices, failing to inform users that their videos would be reviewed by humans and failing to […]
Spotify's increased focus on podcasts in 2019 includes selling its own ads
Jan 11, 1:44AM
Having established itself as a top streaming service with now over 200 million users, Spotify this year is preparing to focus more of its attention on podcasts. The company plans bring its personalization technology to podcasts in order to make better recommendations, update its app’s interface so people can access podcasts more easily, and broker […]
Is Samsung getting serious about robotics?
Jan 11, 1:12AM
A funny thing happened at Samsung's CES press conference. After the PC news, 8K TVs and Bixby-sporting washing machines, the company announced "one more thing," handing over a few brief moments to announce a robotics division, three new consumer and retail robots and a wearable exoskeleton. It was a pretty massive reveal in an extremely […]
Postmates lines up another $100M ahead of IPO
Jan 11, 1:01AM
Postmates has landed a $100M investment to compete with SoftBank-backed competitor DooDash ahead of an IPO expected later this year.
Californians may get a break on their mobile bills after tax is struck down in court
Jan 11, 12:59AM
Californians have a lot to enjoy — great weather, big waves, solid microbreweries, and of course extremely high taxes on prepaid mobile service. But this controversial last feature is being adjusted after a judge found at least part of the state's Mobile Telephony Surcharge to be unconstitutional. As a result, bills could shrink by a couple bucks starting this month.
Research finds heavy Facebook users make impaired decisions like drug addicts
Jan 11, 12:34AM
Researchers at Michigan State University are exploring the idea that there’s more to “social media addiction” than casual joking about being too online might suggest. Their paper, titled “Excessive social media users demonstrate impaired decision making in the Iowa Gambling Task” (Meshi, Elizarova, Bender and Verdejo-Garcia) and published in the Journal of Behavioral Addictions, indicates that people […]
UK has 'red flagged' 4,600 sellers for tax evasion on marketplaces like Amazon in 2 years
Jan 11, 12:06AM
Sites like Amazon and eBay have made it very compelling for consumers to buy online rather than in stores, in part because prices are very competitive and in many cases cheaper than what buyers might find in traditional retailers. But in the U.K., it turns out that some of those low prices are in part […]
Bungie takes back its Destiny and departs from Activision
Jan 10, 11:37PM
Bungie, creator of the popular Halo and Destiny franchises, is splitting from publisher Activision and will go its own way, the company announced today. It's almost certainly good news for gamers and the company itself, but it also won't fix the problems that plagued Destiny and its sequel since their launches.
An AR glasses pioneer collapses
Jan 10, 11:30PM
In the first days of 2017, Osterhout Design Group arrived at CES with a two-story booth and huge promises. The startup’s founder, Ralph Osterhout, wanted to take the small San Francisco-based company even further past its military contractor roots in AR, building out major enterprise and consumer businesses with flashy new product lines. The company […]
Shareholder suit alleges Google covered up its sexual harassment problems with big payouts
Jan 10, 11:07PM
A new lawsuit may require Andy Rubin to return his $90 million payout.
PeakSpan Capital just closed on $265 million more to fund business software companies
Jan 10, 10:27PM
PeakSpan Capital, a four-year-old, Burlingame, Calif.-based venture firm, has closed its second fund with $265 million in capital commitments, according to a new SEC filing that shows that 68 investors were involved in the fundraise. That’s a meaningful jump in size from the firm’s $150 million debut fund, which it closed in 2016. PeakSpan was […]
Ford is shutting down its Chariot shuttle service
Jan 10, 10:14PM
Ford is shutting down Chariot, the shuttle startup that it purchased just two years ago that was supposed to be a part of the automaker’s fresh effort to move beyond the traditional business of buying and selling cars. Chariot will end service on commuter routes in the U.K. on January 25, according to a company […]
The pre-seed diligence framework
Jan 10, 10:00PM
By now it's clear that seed is the new Series A. Seed rounds have tripled in size and companies have been around for 2.4 years before they raise a seed round. A new stage has emerged to fill the gap.
Nissan's new Leaf e+ is packing more than just 226 miles of range
Jan 10, 8:56PM
Electric vehicle competition is heating up and it’s pushing some of the first entrants to add range and other features in hopes of keeping up with automakers that are just bringing EVs to the market. Nissan has been in this EV game for nearly nine years now. The company has sold more than 380,000 Leaf […]
Amazon's IMDb launches a free streaming service, Freedive
Jan 10, 8:48PM
Amazon’s IMDb movie website today announced the launch of a free streaming service, called Freedive. The service offers viewers in the U.S. access to an ad-supported collection of TV shows like Fringe, Heroes, The Bachelor and Without a Trace, as well as Hollywood movies like Awakenings, Foxcatcher, Memento, Monster, Run Lola Run, The Illusionist, The Last Samurai, […]
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