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Roblox EC-1, immigration requirements doubling, grief in the workplace, and cannabis startups
Jul 13, 5:08PM
The Roblox EC-1 Following in the wake of our deep profiles of Patreon and Niantic, we have our next EC-1 package, this time on children's gaming platform Roblox . Extra Crunch writer Sherwood Morrison has covered gaming and startups for years, and he got an in-depth, behind-the-scenes look at the incredibly popular startup with interviews […]
Personality of things
Jul 13, 4:30PM
Tiffine Wang Contributor Share on Twitter Tiffine Wang is a senior investment manager at Singtel Innov8, the corporate venture capital arm of Singtel Group. Freddy Dopfel Contributor Share on Twitter Freddy Dopfel is a senior associate at Grishin Robotics. Humans are starting to get better acquainted with personal assistants such as Google Assistant, Siri, Cortana, […]
Is blitzscaling killing early employee equity opportunities?
Jul 13, 3:38PM
Silicon Valley has many dreams. One dream — the Hollywood version anyway — is for a down-and-out founder to begin tinkering and coding in their proverbial garage, eventually building a product that is loved by humans the world over and becoming a startup billionaire in the process. The more prosaic and common version of that […]
W(hy)TF are Japan and South Korea in a trade war?
Jul 13, 2:20PM
Another week, another trade war. And unlike most trade wars these days, this one didn't originate from the confines of the Rose Garden with the Marine One whirlybird in the background. No, like any Ice Bucket Challenge-worthy meme, others are getting in on the trade war bandwagon and making it their own. Cue Japan and […]
Startups Weekly: Zoom, Superhuman and small reactions to big scandals
Jul 13, 12:00PM
In this week's newsletter: An inside look at TechCrunch's Mobility Conference, Credita's big fundraise and Bumble's bad week.
Valkyrie Industries is building a haptic VR suit for industrial training
Jul 13, 9:12AM
Valkyrie Industries off-handedly refers to the current iteration of its VR suit as "Iron Man v. 1." It's a fitting reference. There's a very "first half of the superhero film" vibe to the prototype. There are exposed wires everywhere and large, clunky 3D printed pieces that clip onto various body parts. In a more finalized […]
As FTC cracks down, data ethics is now a strategic business weapon
Jul 12, 11:27PM
$5 billion. That's the apparent size of Facebook's latest fine for violating data privacy. While many believe the sum is a slap on the wrist, it's still the largest amount the FTC has ever levied on a tech company.
Archinaut snags $73 million in NASA funding to 3D-print giant spacecraft parts in orbit
Jul 12, 11:12PM
A project to 3-D print bulky components in space rather than bring them up there has collected a $73.7 million contract from NASA to demonstrate the technique in space. Archinaut, a mission now several years in development from Made In Space, could launch as soon as 2022.
These robo-ants can work together in swarms to navigate tricky terrain
Jul 12, 9:43PM
While the agility of a Spot or Atlas robot is something to behold, there's a special merit reserved for tiny, simple robots that work not as a versatile individual but as an adaptable group. These "tribots" are built on the model of ants, and like them can work together to overcome obstacles with teamwork.
Facebook reportedly gets a $5 billion slap on the wrist from the FTC
Jul 12, 9:10PM
The U.S. Federal Trade Commission has reportedly agreed to end its latest probe into Facebook‘s privacy problems with a $5 billion payout. According to The Wall Street Journal, the 3-2, party-line vote by FTC commissioners was carried by the Republican majority and will be moved to the Justice Department’s civil division to be finalized. A $5 […]
Minimum investment for EB-5 investor green card expected to more than double
Jul 12, 9:06PM
While not a startup visa, the EB-5 investor green card offers many entrepreneurs a path to a green card by investing money and creating jobs in the U.S. Under the EB-5 program, an entrepreneur's family is also eligible for green cards. Imminent regulatory changes to the EB-5 program are expected to make obtaining an EB-5 […]
With so much late-stage money available, why are tech companies going public now?
Jul 12, 9:00PM
What's best for one company isn't necessarily what's best for another. Going public -- or not -- is a choice that lies squarely where it should: in the hands of founders.
Bird has 'positive unit economics' with its custom scooter model, CEO says
Jul 12, 8:30PM
Bird has positive unit economics, CEO Travis VanderZanden said Friday in a fiery response to a report from The Information that the scooter startup was seeking $300 million in new funding, had lost nearly $100 million and saw its revenue shrink to about $15 million. VanderZanden did not disclose Bird’s revenue. However, in a series […]
Behold, the mid-engine 2020 C8 Corvette's steering wheel
Jul 12, 7:25PM
The new 2020 C8 Corvette won’t be revealed for six more days. But to hold us over, Chevrolet is showing off the steering wheel of the eighth-generation vehicle. The photo, which Chevy teased Friday, is just the steering wheel. But there are hints and insights that even this single photo provides. For one, this new […]
Watch Katee Sackhoff deal with space bugs in the trailer for Netflix's 'Another Life'
Jul 12, 7:17PM
Netflix has a new sci-fi series coming in hot on July 25, and it’s got Battlestar Galactica’s Katee Sackhoff in the lead role, with Selma Blair and Justin Chatwin supporting. The show focuses on Sackhoff’s Captain Niko Breckenridge and her crew of space explorers as they track down the origins of a mysterious alien artifact […]
Twitch continues to dominate live streaming with its second-biggest quarter to date
Jul 12, 7:14PM
Twitch continues to lead rivals including, YouTube Live, Facebook Gaming and Microsoft’s Mixer, when it comes to live-streaming video. Despite experiencing its first decline in hours watched in Q2 2019, the Amazon-owned game-streaming site still had its second-biggest quarter to date, with more than 70% of the hours watched during the quarter. According to a […]
Digging into the Roblox growth strategy
Jul 12, 7:00PM
Could Roblox create a new entertainment and communication category, something it calls "human co-experience"? When it was a small startup, few observers would have believed in that future. But after 15 years — as told in the origin story of our Roblox EC-1 — the company has accumulated 90 million users and a new $150 […]
TrickBot malware learns how to spam, ensnares 250M email addresses
Jul 12, 6:18PM
Old bot, new tricks. TrickBot, a financially motivated malware in wide circulation, has been observed infecting victims’ computers to steal email passwords and address books to spread malicious emails from their compromised email accounts. The TrickBot malware was first spotted in 2016 but has since developed new capabilities and techniques to spread and invade computers […]
Another state is looking at propelling people through tubes at 670 mph
Jul 12, 6:16PM
Another state — this time North Carolina — has been enticed by the idea of hyperloop, the futuristic and still theoretical transit platform that will shuttle people and packages at speeds of up to 670 miles per hour between cities. Virgin Hyperloop One and North Carolina's Regional Transportation Alliance announced Friday the beginning of “an […]
Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract
Jul 12, 6:13PM
Oracle has been complaining about the procurement process around the Pentagon’s $10 billion, decade-long JEDI cloud contract, even before the DoD opened requests for proposals last year. It went so far as to file a lawsuit in December, claiming a potential conflict of interest on the part of a procurement team member. Today, that case […]
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