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Andrew Ng to talk about how AI will transform business at TC Sessions: Enterprise
Jul 11, 4:49PM
When it comes to applying AI to the world around us, Andrew Ng has few if any peers. We are delighted to announce that the renowned founder, investor, AI expert and Stanford professor will join us on stage at the TechCrunch Sessions: Enterprise show on Sept. 5 at the Yerba Buena Center in San Francisco. […]
Matterport acquires AI special effects startup Arraiy
Jul 11, 4:46PM
Real estate computer vision platform startup Matterport is set to acquire Arraiy, an AI startup aiming to automate special effects processing in film. Arraiy raised $13.9 million according to Crunchbase, most recently a $10 million Series A in March of 2018. Lux Capital and Softbank Ventures Asia led the round. Lux Capital notably also led […]
Daily Crunch: Apple disables Walkie Talkie app
Jul 11, 4:19PM
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple disables Walkie Talkie app due to vulnerability that could allow iPhone eavesdropping The Walkie Talkie app on Apple Watch allows […]
Facebook tries to make ad targeting explanations more useful
Jul 11, 4:13PM
Facebook has been adding new tools to provide more transparency about why users are seeing certain ads and content (and what they can do about it), but in a blog post today, Product Manager Sreethu Thulasi wrote, “We heard feedback from people that they can still be hard to understand and difficult to navigate.” To […]
Unraveling immigration politics and Silicon Valley ethics with Jaclyn Friedman
Jul 11, 4:05PM
Immigration may not seem to be a tech issue. But for Americans with some personal or family experience with the idea of separated families and/or concentration camps, it can be hard to see what is currently going on in our names thanks to the U.S. Immigration and Customs Enforcement agency (better known as "ICE") as […]
SEC approves 1st consumer RegA+ token Props for cross-app rewards
Jul 11, 4:04PM
After cracking down on ICOs, the SEC just okayed the first two RegA+ tokens that offer an alternative way for anyone to gain a financial stake in a company, even unaccredited investors. Blockstack got approved for a $28 million digital token sale to raise money, while influencer live streaming app YouNow’s spin-off Props received a formal […]
Luminar eyes production vehicles with $100M round and new Iris lidar platform
Jul 11, 3:13PM
Luminar is one of the major players in the new crop of lidar companies that have sprung up all over the world, and it's moving fast to outpace its peers. Today the company announced a new $100M funding round, bringing its total raised to over $250M — as well as a perception platform and a new, compact lidar unit aimed at inclusion in actual cars. Big day!
Walmart-owned Sam's Club launches same-day pickup across the US
Jul 11, 2:30PM
Walmart’s grocery pickup business has been scaling quickly in recent years, and is now on track to reach 3,100 U.S. stores by year-end. Now, Walmart’s Sam’s Club business is making its own move to satisfy consumers’ demand for online ordering with same-day pickup. The retailer this week announced that same-day Club Pickup is now available […]
Demetrix raises $50 million to brew cannabis
Jul 11, 2:26PM
With skyrocketing demand for consumer products and renewed research into its medicinal value, cannabis is having a moment. The quasi-legalization of marijuana created a gold rush for into the industry and startups like Demetrix are reaping the benefits. The company, founded by the famed U.C. Berkeley researcher Jay Keasling and helmed by former Amyris executive […]
'World's first Bluetooth hair straighteners' can be easily hacked
Jul 11, 2:10PM
Here’s a thing that should have never been a thing: Bluetooth-connected hair straighteners. Glamoriser, a U.K. firm that bills itself as the maker of the “world’s first Bluetooth hair straighteners“, allows users to link the device to an app, which lets the owner set certain heat and style settings. The app can also be used […]
Runa Capital closes $70M for its third fund aimed at early-stage DeepTech
Jul 11, 2:10PM
Runa Capital, an international VC firm HQ'd in Silicon Valley, has now closed $70 million for its third fund aimed at backing early-stage startups in so-called 'DeepTech'. There are rumors Runa is aiming for a $135 million final target for the fund. Last year, its total funding in the U.S. increased by 30%, tallying just […]
Amazon invests $700 million to retrain a third of its US workforce by 2025
Jul 11, 1:45PM
Amazon announced this morning a plan to invest over $700 million to retrain workers across the U.S. to allow them to move into skilled technical and non-technical roles across its corporate offices, tech hubs, fulfillment centers, retail stores, and transportation network. The company’s goal is to “upskill” 100,000 of its U.S. employees for more in-demand […]
GetAccept's workflow and e-signature platform for sales secures $7M Series A funding
Jul 11, 1:18PM
Many years ago every sales deal was sealed with a handshake between two people. Today, digitization has moved into the sales process, but it hasn't necessarily improved the experience. In fact, it's often become a more time-consuming affair because information and communications are scattered across multiple channels and the number of people involved in a […]
Brooklinen, known for high-quality bed sheets, launches its first line of loungewear
Jul 11, 1:00PM
Brooklinen, the direct-to-consumer bed sheet brand backed by investors including FirstMark, is entering the apparel space with its first line of loungewear. The company says its designs, including tops, pants, shorts and a dress, are inspired by vintage athletic clothing and made from cotton and modal blended with spandex. Prices range from $28 for a […]
Swit, a collaboration suite that offers 'freedom from integrations,' raises $6 million in seed funding
Jul 11, 1:00PM
A marketplace dominated by Slack and Microsoft Teams, along with a host of other smaller workplace communication apps, might seem to leave little room for a new entrant, but Swit wants to prove that wrong. The app combines messaging with a roster of productivity tools, like task management, calendars and Gantt charts, to give teams […]
Boosted's electric scooter is fast, durable, fun and…really heavy
Jul 11, 1:00PM
Boosted, the startup that got its beginnings with electric skateboards, has officially taken its first stab at electric scooters with the launch of the Boosted Rev. I’ve spent the last couple of weeks riding the Rev around the streets of San Francisco and, as I put in the headline, it’s fast, durable, fun and really […]
OneTrust raises $200M at a $1.3B valuation to help organizations navigate online privacy rules
Jul 11, 12:17PM
GDPR, and the newer California Consumer Privacy Act, have given a legal bite to ongoing developments in online privacy and data protection: it’s always good practice for companies with an online presence to take measures to safeguard people’s data, but now failing to do so can land them in some serious hot water. Now — […]
N26 launches its challenger bank in the US
Jul 11, 12:01PM
European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail banks. If you're familiar with N26, the product that is going live today won't surprise you much. Customers in the U.S. can download […]
Hospitality business Sonder confirms new investment, $1B+ valuation
Jul 11, 12:00PM
Apartment rental marketplace Sonder is closing a $225 million investment.
Signavio raises $177M at a $400M valuation for its business process automation solutions
Jul 11, 11:11AM
Robotic Process Automation has been the name of the game in enterprise software lately — with organizations using advances in machine learning algorithms and other kinds of AI alongside big-data analytics to speed up everything from performing mundane tasks to more complex business decisions. To underscore the opportunity and growth in the market, today a […]
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