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Best Buy cancels Samsung Galaxy Fold preorders
May 24, 2:04PM
Samsung is taking its time bringing the Galaxy Fold back to market. And frankly, that's probably for the best. The Note debacle from a few years back was an important lesson about what happens when you rush a product back to market. That one resulted in a second recall — PR nightmae upon PR nightmare. […]
How to avoid An IPO
May 24, 12:00PM
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines.
Roland's tiny R-06 recorder is better than your phone's recorder app
May 24, 11:48AM
In an era when the smartphone can do everything, why do you need a standalone audio recorder? Roland, makers of music gear, might have an answer. Their R-07 voice recorder is about as big as original iPod and is designed for music recording, practice, and playback. It features two microphones on top as well as […]
Uber launches a Jump e-bike pilot in London, one year on from winning taxi license appeal
May 24, 11:22AM
After admitting it had to modify some of its Jump electric bikes to fix braking issues — the same problem that had halted Lyft’s e-bike business — Uber is getting back on its bike, so to speak. Almost one year after nearly getting driven off London’s streets completely by losing its taxi operating license, Uber […]
Crypto exchange Binance prepares to add margin trading 'soon'
May 24, 9:25AM
Binance, the world’s most prominent crypto exchange, says it is close to adding a much-anticipated margin trading feature to its service following weeks of speculation. The company tweeted confirmation of the upcoming feature in a screenshot which subtly teases the imminent arrival of margin trading options. Binance CEO Changpeng Zhao (pictured above) first revealed that […]
Nigeria's Gokada raises $5.3M round for its motorcycle ride-hail biz
May 24, 8:00AM
In many large cities across Africa, motorcycle taxies are as common as yellow-cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded over 1000 motorcycles and their pilots on its app that connects commuters […]
Online bank Simple makes things harder by removing bill pay
May 24, 1:54AM
With a growing number of challenger banks taking on the U.S. market, one of the original startup banks, Simple — now owned by BBVA — has taken the unusual step of removing a core banking feature: bill pay. The company claimed the feature was under-utilized and usage was trending downwards, which is why it decided […]
The U.S. Senate is coming after 'loot boxes'
May 24, 1:39AM
Gamers feel passionately about loot boxes, turns out some elected officials do too. A new Senate bill was formally introduced today with bipartisan support and it could categorically shift how today’s top platforms and distribution platforms monetize the titles they sell. The bill’s introduction was first reported by The Verge. The bill asserts that “pay-to-win” […]
Lime's founding CEO steps down as his co-founder takes control
May 24, 1:27AM
Brad Bao, a Lime co-founder and long-time Tencent executive, will assume chief responsibilities.
Canopy's upscale co-working business adds a new location in SF on the heels of strategic funding
May 24, 12:39AM
Canopy, an upscale, profitable developer of co-working spaces, has expanded its footprint in San Francisco to a third location on the heels of a strategic financing round. Co-founded by the product designer Yves Behar; the second generation design-build developer Amir Mortazavi; and serial entrepreneur and medical office space developer Steve Mohebi, Canopy bills itself as […]
You can do it, robot! Watch the beefy, 4-legged HyQReal pull a plane
May 23, 11:47PM
It's not really clear just yet exactly what all these powerful, agile quadrupedal robots people are working on are going to do, exactly, but even so it never gets old watching them do their thing. The latest is an Italian model called HyQReal, which demonstrates its aspiration to winning strongman competitions, among other things, by pulling an airplane behind it.
Automakers have a choice: Become data companies or become irrelevant
May 23, 11:00PM
Cars are here to stay, whether they have drivers or not. Automakers can ensure their seat at the table by implementing strategies better suited for the digital age.
Streem buys Selerio in effort to boost its AR teleconferencing tech
May 23, 10:51PM
Streem, an AR startup that is meshing teleconferencing software with computer vision tech, has acquired a small U.K. startup called Selerio that’s also building out augmented reality technologies. The startups were both members of betaworks’ VisionCamp accelerator program last year where they met and collaborated while tackling separate computer vision problems in the AR space. […]
Snap, which has yet to release a diversity report, hires its first head of D&I
May 23, 10:40PM
Snap has brought on its first-ever diversity and inclusion lead, former Google Director of Diversity Strategy Oona King. In a memo sent to Snap employees today, Snap Chief People Officer Lara Sweet announced King’s hiring. Although Snap is late in the game of hiring a diversity lead and has yet to release a diversity report, […]
Original Content podcast: Dragons love symbolism, and other lessons from the 'Game of Thrones' finale
May 23, 10:05PM
This post and podcast include spoilers for “Game of Thrones.” Remember how it felt six weeks ago, right before “Game of Thrones” returned for its final season? The excitement? The anticipation? That was so, so long ago. Darrell Etherington, the original co-host of the Original Content podcast, joins us once again to wrap up our […]
WikiLeaks' Assange charged under the Espionage Act in a 'major test case' for press freedom
May 23, 8:48PM
Julian Assange, founder of whistleblowing site WikiLeaks, has been charged with more than a dozen additional charges by U.S. federal prosecutors, including under the controversial Espionage Act — a case that will likely test the rights of freedom of speech and expression under the First Amendment. Assange, 47, was arrested at the Ecuadorean embassy in […]
Shopify quietly acquired Handshake, an e-commerce platform for B2B wholesale purchasing
May 23, 8:29PM
E-commerce platform Shopify has quietly made an acquisition to continue its expansion of the services and products that merchants can sell and purchase through its platform. It has acquired Handshake, a New York startup that offers a commerce platform for businesses that sell wholesale goods. Shopify has confirmed the deal in a short statement: “Handshake […]
Former FDA chief Scott Gottlieb has rejoined the venture world — but he hasn't forgotten Juul
May 23, 7:41PM
Scott Gottlieb, the former Food and Drug Administration chief, became known during his tenure for his efforts to regulate the tobacco and e-cigarette industries — and for his particular focus on Juul, the fast-growing e-cigarette company that Gottlieb squarely blames for creating a “youth epidemic” of e-cigarette use by teenagers. Indeed, when he announced that […]
Microsoft's new language learning app uses your phone's camera and computer vision to teach vocabulary
May 23, 7:20PM
Eight Microsoft interns have developed a new language learning tool that uses the smartphone camera to help adults improve their English literacy by learning the words for the things around them. The app, Read My World, lets you take a picture with your phone to learn from a library of more than 1,500 words. The […]
Fresh off a $530M round, Aurora acquires lidar startup Blackmore
May 23, 7:12PM
Aurora, the self-driving car startup backed by Sequoia Capital and Amazon, is in an acquiring mood. The company, founded in early 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, announced Thursday that it acquired lidar company Blackmore. The Blackmore purchase follows another smaller, and previously unknown, acquisition of 7D Labs that occurred earlier this […]
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