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Uber launches PIN feature to cut wait times at U.S. airports, starting in Portland
May 13, 1:30PM
Uber is piloting a new PIN feature at the Portland International Airport that will give riders a one-time 6-digit numeric code in an effort to speed up pickup times and reduce traffic congestion. The PIN, or personal identification number, feature kicks off Monday at the Portland Airport, which can average around 400 Uber rides an […]
India's Locus raises $22 million to expand its logistics management business
May 13, 12:28PM
Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets. The financing round for the four-year-old startup was led by Falcon Edge Capital and Tiger Global Management . Existing investors Exfinity Venture Partners and Blume Ventures […]
Sweden reopens rape case against Julian Assange
May 13, 10:56AM
Sweden’s prosecution authority has reopened a preliminary investigation into Wikileaks founder Julian Assange on an allegation of rape dating back to 2010. It said today it will issue a European Arrest Warrant for Assange, and submit an application for a detention order to Uppsala District Court — as the suspected crime took place in Enköping municipality. […]
Equity Shot transcribed: Judging Uber's less-than-grand opening day
May 12, 11:46PM
Another day, another episode of Equity. This time it was an emergency episode, because Uber (finally) went public and a lot of financial folks were quite looking forward to how it would perform on opening day. Turns out it didn’t do so well. Kate and Alex had a lot of questions about why? Was it […]
>From crypto winter to crypto weirder
May 12, 11:00PM
Captain Kirk and neo-Dadaists. Repugnant markets and legendary cryptographers. “Digital couture” auctioned by CryptoKitties developers. Distributed autonomous art organizations. A keynote speech looking back from 2047 at the near-apocalypse of 2026, from which we were saved by a new, fully tokenized economy. Yes, that’s right: NYC Blockchain Week has begun. Where to begin? I suppose […]
CO2 in the atmosphere just exceeded 415 parts per million for the first time in human history
May 12, 10:43PM
The human race has broken another record on its race to ecological collapse. Congratulations humanity! For the first time in human history — not recorded history, but since humans have existed on Earth — carbon dioxide in the atmosphere has topped 415 parts per million, reaching 415.26 parts per million, according to sensors at the […]
Two years after WannaCry, a million computers remain at risk
May 12, 9:37PM
Two years ago today, a powerful ransomware began spreading across the world. WannaCry spread like wildfire, encrypting hundreds of thousands of computers in over 150 countries in a matter of hours. It was the first time that ransomware, a malware that encrypts a user’s files and demands cryptocurrency in ransom to unlock them, had spread […]
Hotstar, Disney's Indian streaming service, sets new global record for live viewership
May 12, 8:47PM
Indian video streaming giant Hotstar, owned by Disney, today set a new global benchmark for the number of people an OTT service can draw to a live event. Some 18.6 million users simultaneously tuned into Hotstar's website and app to watch the deciding game of the 12th edition of the Indian Premier League (IPL) cricket […]
Where cannabis investors see the next big wave? In precision dosing
May 12, 8:46PM
Women and seniors are joining the cannabis movement, and that’s presenting new investing opportunities, according to a panel of cannabis investors who we interviewed several days ago at an event organized by the cross-border venture firm DCM. Specifically, they say, expect to see an uptick in products of all types that make it easier to […]
Friend portability is the must-have Facebook regulation
May 12, 5:35PM
Choice for consumers compels fair treatment by corporations. When people can easily move to a competitor, it creates a natural market dynamic coercing a business to act right. When we can’t, other regulations just leave us trapped with a pig in a fresh coat of lipstick. That’s why as the FTC considers how many billions […]
Week-in-Review: Google impersonates Apple and Bezos eyes the moon
May 12, 12:00PM
After Mark Zuckerberg’s privacy mea culpa at F8 last week, Google got its turn at I/O to promise consumers that their data wasn’t going anywhere that they didn’t want it to go. In short: they aimed to take a page from Apple. For Google, a clear strategy at the event was essentially highlighting how it […]
After burning through $1 billion, Jawbone's Hosain Rahman has raised $65 million more
May 11, 10:22PM
Not everyone gets a second chance in Silicon Valley. Entrepreneur Hosain Rahman has been given many more than that. Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces, went kaput in 2017 after burning up $1 billion in venture funding over the course of ten years, Rahman has managed to raise $65.4 […]
As a founder, I mistook my work for self-worth
May 11, 8:03PM
These days, most days are good days. My clients are founder and executives, I set my own schedule, and I live in a city I love. As an executive coach and advisor, I work with founders and CEOs of companies who have raised more than $100M. Like any enterprise, it's taken a lot of building, planning, and failing for me to get where I am.
HTC introduces a cheaper blockchain phone, opens Zion Vault SDK
May 11, 7:00PM
Happy Blockchain Week to you and yours. HTC helped kick off this important national holiday by announcing the upcoming release of the HTC Exodus 1s. The latest version of the company's intriguing blockchain phone shaves some of price off the Exodus 1 — which eventually sold for $699 when the company made it available in […]
EC-exclusive interview with Tim Cook, Slacklash, and tech inclusion
May 11, 6:00PM
An EC-exclusive interview with Apple CEO Tim Cook TechCrunch editor-in-chief Matthew Panzarino traveled to Florida this week to talk with Tim Cook about Apple's developer education initiatives and also meet with high school developer Liam Rosenfeld of Lyman High School. Apple wants to attract the next set of app developers like Liam into the Xcode […]
Cat vs best and worst robot vacuum cleaners
May 11, 6:00PM
If you’ve flirted with the idea of buying a robot vacuum you may also have stepped back from the brink in unfolding horror at the alphabetic soup of branded discs popping into view. Consumer choice sounds like a great idea until you’ve tried to get a handle on the handle-less vacuum space. Amazon offers an […]
Zuckerberg says breaking up Facebook "isn't going to help"
May 11, 5:41PM
With the look of someone betrayed, Facebook’s CEO has fired back at co-founder Chris Hughes and his brutal NYT op-ed calling for regulators to split up Facebook, Instagram, and WhatsApp. “When I read what he wrote, my main reaction was that what he’s proposing that we do isn’t going to do anything to help solve […]
Original Content podcast: We're not impressed by Netflix's 'Extremely Wicked' Ted Bundy movie
May 11, 4:05PM
Despite its grandiose title, Netflix’s “Extremely Wicked, Shockingly Evil and Vile” turns out to be surprisingly forgettable. In this week’s episode of the Original Content podcast, we’re joined by Brian Heater to review the film, which features Zac Efron as serial killer Ted Bundy and Lily Collins as his initially unsuspecting girlfriend Liz Kendall. The […]
Startups Weekly: Venture capitalists are crazy for cannabis
May 11, 12:00PM
In this week's newsletter: Uber goes public, Carta collects $300 million and a small team of eight shows VC isn't always the answer.
Equity transcribed: Why Om Malik thinks 'the VC subsidized life is over'
May 11, 3:09AM
It’s time for another transcribed edition of Equity. This week for the regularly scheduled episode we had the whole crew pop into the San Francisco studio. Kate Clark, Connie Loizos and Alex Wilhelm were joined by Om Malik, former journalist and current VC at True Ventures. They convened just after Uber priced, so they had […]
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