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Grasshopper's Judith Erwin leaps into innovation banking
Jul 08, 4:01PM
In the years following the financial crisis, de novo bank activity in the US slowed to a trickle. But as memories fade, the economy expands and the potential of tech-powered financial services marches forward, entrepreneurs have once again been asking the question, "Should I start a bank?" And by bank, I'm not referring to a […]
Warframe promotional stunt brings a video game gun to the real streets of New York
Jul 08, 3:10PM
To promote the free-to-play game Warframe, director Michael Krivicka brought a little taste of video game mayhem to New York City. In the video above, you can see bystanders asked to pose for photos with a model of the Opticor, an elaborate gun from the game. They’re warned not to pull the trigger — but what […]
ICE mined driver's license photos for facial recognition
Jul 08, 2:40PM
U.S. Immigration and Customs Enforcement are using facial recognition software to trawl through millions of driver’s license photos provided by 21 states to search and find suspects. News broke over the weekend that the FBI and immigration officials access images — often without obtaining a search warrant or court order — in order to identify […]
Lyft, Aptiv and the National Federation of the Blind partner on self-driving for low vision riders
Jul 08, 2:37PM
Lyft and Aptiv are already running autonomous driving trials in Las Vegas, and now they’re expanding that limited pilot to include low vision and blind riders in a new partnership with the National Federation of the Blind. In a blog post dealing the news, Lyft notes that this is a key par of their overall […]
15Five raises $30.7M to expand its employee development toolkit
Jul 08, 2:17PM
Technology has been used to improve many of the processes that we use to get work done. But today, a startup has raised funding to build tech to improve us, the workers. 15Five, which builds software and services to help organisations and their employees evaluate their performance, as well as set and meet goals, has closed […]
Google debuts 'Code with Google' coding education resource for teachers
Jul 08, 2:11PM
Google is offering a new coding resource for educators via Code with Google, which collects Google’s own free course curriculum on teaching computer science and a variety of programs to help students learn to code or build on their existing skills, with stuff for people at all levels of ability. The Code with Google resources extend […]
The startups creating the future of RegTech and financial services
Jul 08, 2:05PM
Technology has been used to manage regulatory risk since the advent of the ledger book (or the Bloomberg terminal, depending on your reference point). However, the cost-consciousness internalized...
Rivian's camp kitchen in action
Jul 08, 2:00PM
Rivian doesn’t want to build just another electric vehicle. It’s not aiming to be a Tesla killer either. No, this 10-year-old company that kept a low profile until November, when it unveiled an electric pickup truck and SUV, is aiming to be an adventure brand. Or, as Rivian founder and CEO RJ Scaringe told TechCrunch […]
Twitter and Facebook reportedly not invited to White House 'social media summit'
Jul 08, 1:58PM
On Thursday, the White House's social media will reportedly host a who's who of conservative media pundits. PragerU and Turning Point USA's Charlie Kirk have apparently received invites to the event. There will, however, be some key names missing from the invite list — including, notably, the social media companies themselves. Trump's White House is hosting […]
NASA's giant mobile Artemis Moon launcher hits the pad for final testing
Jul 08, 1:45PM
NASA is in final preparation stages for its Artemis 1 Moon mission, which will be the first in its Artemis series of missions that intend to return an American man to the Moon, and bring an American woman to the surface of Earth’s natural satellite for the first time. The 335-ft tall mobile launch tower […]
Elon Musk teases possible late July Starship presentation following engine test
Jul 08, 1:20PM
Elon Musk was fielding a number of questions from fans on Twitter on Sunday, and revealed that the current target for a full presentation of Starship, SpaceX’s next-generation reusable rocket and a key piece of the company’s plan to reach Mars, could come as soon as “late July.” The SpaceX CEO also noted that the […]
Uber rival Bolt has closed another tranche of funding at a $1B+ valuation
Jul 08, 12:53PM
Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space. In the latest development, TechCrunch has learned and confirmed that Bolt, the Estonian ridesharing, scooter and food delivery company that operates across Europe — […]
UK's ICO fines British Airways a record £183M over GDPR breach that leaked data from 500,000 users
Jul 08, 10:35AM
The U.K.’s Information Commissioner is starting off the week with a GDPR bang: This morning, it announced that it has fined British Airways and its parent International Airlines Group (IAG) £183.39 million ($230 million) in connection with a data breach that took place last year that affected a whopping 500,000 customers browsing and booking tickets online. In an […]
DigitalBridge raises £3M for its 'guided design tool' for kitchens and bathrooms
Jul 08, 8:00AM
DigitalBridge, the Manchester, U.K.-based startup using technology to help solve the “imagination gap” when planning home renovations, has picked up £3 million in new backing. The round is led by Maven Capital Partners via two funds it manages: £1.5 million from Maven's Venture Capital Trusts (VCTs) and £1.5 million from the NPIF Maven Equity Finance, […]
Wind Mobility raises additional $50M and unveils new e-scooter hardware designed for rentals
Jul 08, 8:00AM
Wind Mobility, the Berlin and Barcelona-based micromobility startup that operates e-scooter rentals in Europe, Israel and Asia, is disclosing $50 million in Series A funding. The new round is backed by existing investors. The company last raised $22 million in funding eight months ago from Chinese Source Code Capital and Europe’s HV Holtzbrinck Ventures after […]
Elon Musk: Tesla will 'most likely' begin computer chip upgrades this year
Jul 08, 6:58AM
Tesla CEO Elon Musk said the company will “most likely” begin upgrading older electric vehicles with its new custom chip later this year — a lofty task that will involve retrofitting hundreds of thousands of Model S, X and 3s. Musk tweeted Sunday night that the upgrades will begin most likely at the end of […]
Soldo scores $61M Series B for its 'spend management' platform for businesses
Jul 08, 6:00AM
Soldo, the U.K. fintech that offers a multi-user spending account for businesses, has closed $61 million in Series B funding. Leading the round is Battery Ventures and Dawn Capital, with participation from previous backers Accel and Connect Ventures. In addition, a small portion is debt financing from Silicon Valley Bank. It brings total raised by […]
Fish replacement may be the next big wave in alternative protein development
Jul 07, 10:30PM
Fish make up 16% of animal protein consumed globally, and demand is set to rise. But overfishing is hugely problematic -- and it's not sustainable to continue with the way things are.
Volkswagen's ID R electric race car keeps breaking records, this time twice at Goodwood
Jul 07, 8:38PM
It took 20 years to break the Goodwood Festival of Speed hill climb record. And it happened twice in the same weekend. The new record holder is Volkswagen’s ID R electric race car. The vehicle, driven by driver Romain Dumas, broke the record by completing the 1.86-kilometer track (1.15 miles) at Goodwood in the south […]
Y Combinator-backed Project Wren is aiming to make carbon offsets more consumer friendly
Jul 07, 7:09PM
When Landon Brand and Benjamin Stanfield graduated from the University of Southern California this year, they already had the plans for Project Wren, their service for selling carbon offsets to a new generation of conscious consumers. Along with fellow co-founder Mimi Tran Zambetti (who’s still attending USC), Brand and Stanfield aim to make carbon offsets […]
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