Apple let a knockoff version of one of the world’s biggest crypto wallets into the App Store

 An app masquerading as MyEtherWallet.com, one of the internet’s most popular services for storing ETH and other crypto coins, has made its way to the top of the iOS App Store charts. The app rose to the number three spot in Finance category of the App Store this weekend as part of a bitcoin frenzy that […]

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The Boring Co. tops 30,000 hats sold

 That didn’t toque too long! The Boring Company has now sold 30,000 hats to fund its hole-some mission, founder Elon Musk tweeted today. That’s double the sales Musk announced just three weeks ago. Production will be capped at 50,000 hats, so if the current momentum doesn’t fez out, trilby all gone soon. Read More Powered […]

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Time’s up for the Ticker? Facebook appears to axe feed for tracking your friends’ activity

 As Facebook continues to tinker with its layout and services to spur more interactions and engagement, it seems that not even the most well-known or oldest features are spared. In the most recent development, it looks like Facebook has quietly removed the Ticker, the box that used to appear to the right of your News […]

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Bitcoin futures are now tradable on the CBOE

 Bitcoin futures trading on CBOE, the world’s largest futures exchange, just launched at 5pm CT. Within a minute of the launch bitcoin spiked about 10% from ~$14,700 all the way up to $16,200 before settling a few minutes later to around $15,500, up about 5%. Now an hour after launching the actual price of bitcoin is […]

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Why gear rental marketplace Lumoid shut down

 Lumoid, a tech gear rental startup is no longer in business and its founder Aarthi Ramamurthy is moving on to Facebook. The startup launched as just a “crazy idea,” when it came out of Y Combinator four and half years ago, Ramamurthy wrote on a Facebook post this weekend announcing the shut down. Lumoid went on […]

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New Altered Carbon trailer thickens the plot for Netflix’s new sci-fi series

 The new trailer for Netflix’s latest science fiction series, Altered Carbon, finally gives viewers a window into the plot for its first season. Like the Richard K. Morgan cyberpunk novel on which it’s based, the first run of shows will focus on solving a murder most foul. In a world where the rich and elite can […]

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In spite of digital transformation, 2017 did not yield the desired financial results for GE

 GE is a great example of a traditional company that has recognized the need to transform into a digital organization, but by all measures 2017 has been a tough year for the industrial giant financially. The company stock price has tumbled, and last week it announced that it was laying off 12,000 employees in its power business […]

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As the federal government falters, technology is leading a rise of the rest in statehouses nationwide

 The tech revolution is no longer confined to Silicon Valley or the California statehouse. Earlier this week, Steve Case announced that his Rise of the Rest seed fund, designed to invest in innovation in the Mid West and other areas traditionally overlooked by investors, had raised $150 million with commitments from tech executives including Jeff Bezos and Eric […]

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The Flying Eye and you and I

 It’s refreshing, in this difficult time, when technology and the tech industry seem trapped in a quicksand of endless ethical compromises and disconcerting emergent properties, to come across something tech-related of which one can say, awed, without complications or caveats: holy shit this is amazing. Which happened to me today! Let me share it with […]

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Net Neutrality isn’t the only thing the current FCC is screwing up

 Lost amid the furor over the Federal Communications Commission’s terrible, horrible, no good, very bad decision to reverse net neutrality regulations is another, equally awful ,decision on a program to provide subsidies for broadband internet subscriptions to low-income households in cities and tribal regions around the country. Read More Powered by WPeMatico

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This is the future if net neutrality is repealed; the creeping, costly death of media freedom

 When a country lacks an open internet, the government (and companies friendly with said government) are able to do anything from simply blocking or banning apps entirely (EG: Facebook, Twitter, Skype, WhatsApp for censorship or economic reasons) to more aggressive moves such as Egypt’s effective shutdown of their internet service providers. Read More Powered by […]

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How tax changes may impact US startups

 In an effort to envision how the pending tax bill might affect U.S. startups and their investors, Crunchbase News reached out to tech industry taxation experts. We touched the M&A climate, tax treatment of interest expenses and whether rising costs of living in high-tax states will prompt an exodus to cheaper locales. Here, then, are some thoughts […]

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Gillmor Gang: Coin Operated

 The Gillmor Gang — Frank Radice, Dan Farber, Denis Pombriant, Keith Teare, and Steve Gillmor. Recorded live Friday, December 8, 2017. G3: Last Hope — Mary Hodder, Francine Hardaway, Elisa Camahort Page, and Tina Chase Gillmor. Recorded live Friday, December 8, 2017. @stevegillmor, @dbfarber, @fradice, @kteare, @DenisPombriant Produced and directed by Tina Chase Gillmor @tinagillmor […]

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Uber settles lawsuit with woman who accused executives of obtaining medical records after she was raped

 Uber has settled its lawsuit with a woman (Jane Doe) who accused its now-former CEO Travis Kalanick, president of business in Asia Eric Alexander and SVP of business Emil Michael of improperly obtaining her medical records after she was raped by an Uber driver in Delhi, India. “A settlement has been reached and the Parties […]

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Graphene running shoes will hit the market next year

 Running shoes and graphene were made for each other. One is always in search of the latest gimmick and the other has produced some of the most stunning in recent memory. The University of Manchester, long a leading force in research surrounding the one-atom-thick material, has teamed up with with British sportswear brand inov-8 to […]

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The 5-year bootstrapped odyssey of Sno-Go, a snow bike for the everyday ski mountain visitor

 Skiing has always been something of a nightmare for me. I first “learned” how to ski in middle school, and still to this day don’t really understand how to stop. I once went to a “black diamond” mountain in Minnesota (read: gently sloping Midwest hill) and had to slam myself into the ground before skiing […]

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Andy Rubin is back at Essential after leave of absence following reports of improper behavior

 Essential smartphone startup founder Andy Rubin, who took a leave of absence last month in light of allegations of an improper relationship at his previous employer, has returned to work, Recode reports. Citing sources, Recode reports Rubin’s personal leave ended Friday. At the time of his leave, Rubin said he was taking time off to […]

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Google Maps will soon tell you when it’s time to get off your train or bus

 Google is about to launch a small but useful update to Google Maps that will give you live guidance and interactive real-time notifications during your journey. The idea here is to give you real-time updates while you are on your transit journey. These updates will appear in the Google Maps app and, maybe most importantly, […]

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Holography-based 3D printing produces objects in seconds instead of hours

 3D printers are useful devices for all kinds of reasons, but most have a critical weakness: they simply take a long time to actually make anything. That’s because additive manufacturing generally works by putting down an object one microscopic layer at a time. But a new holographic printing technique makes it possible to create the […]

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Jony Ive is leading Apple’s design team again

 Two years ago, Jony Ive was promoted to Chief Design Officer at Apple. The newly created role found the company’s beloved designer taking a break from day to day management of the team, handing the reins over to VP’s Richard Howarth and Alan Dye. The duo took over the management of its industrial design and […]

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Kaspersky Lab: D.C. office ‘no longer viable’ and will close

 Following months of controversy and conflicting accounts, Kaspersky is pulling back in D.C. As Bloomberg initially reported, the Russian security firm is closing its office in the U.S. capital. The D.C. office specialized in developing Kaspersky’s relationship with the U.S. government and supplying its software for federal contracts. The company intends to continue the rest […]

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Education technology meets its limits

 This week has been a good one for those who like to talk about the limits of technology. Over in the UK, a prankster managed to fool Trip Advisor into naming his shed the #1 ranked restaurant in London. Meanwhile, in Los Angeles, a city struggling to manage several wind-fueled wildfires, the L.A.P.D. has asked […]

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Here’s everything new Niantic just added to Pokémon Go

 Niantic is rounding out the year with one of Pokémon GO’s biggest updates to date. We knew earlier this week that the update was right around the corner, but we didn’t know exactly when. The answer: now. From new Pokémon to crazy new weather systems and minor text fixes (heh.) to battle system changes, there’s […]

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In the world of VC, harassment claims aren’t necessarily a deal killer

 Silicon Valley has hardly been immune. In the world of venture capital, two of the highest-profile poster boys for this uprising (as of this writing) are venture capitalists Steve Jurvetson, formerly of the venture firm DFJ, and Shervin Pishevar, who cofounded the firm Sherpa Capital and has, in recent days, taken a leave of absence […]

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Sources: Apple is acquiring music recognition app Shazam

 As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services. Sources tell us that the company is close to acquiring Shazam, the popular app that lets people identify any song, TV show, film or advert in seconds, by listening to […]

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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

 Kevin Novak, the architect of Uber’s dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data. Read More Powered by WPeMatico

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Apple’s widened ban on templated apps is wiping small businesses from the App Store

 ollowing its Worldwide Developers Conference, Apple released updated App Store guidelines that included a new rule allowing it to ban apps created by a “commercialized template or app generation service.” The understanding at the time was this was part of Apple’s larger App Store cleanup, and the focus was on helping rid the marketplace of […]

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Following controversies over kids’ content, YouTube makes several YouTube Red family shows free

 Amid controversies over how YouTube has been handling content aimed at children on its network, YouTube is making a number of its previously subscription-only YouTube Red shows available on its YouTube Kids application for the first time as part of a new promotion. The shows come from YouTube Red, the subscription offering launched in fall 2015 […]

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Coinbase CEO: ‘Please invest responsibly’

 In a Medium post, the CEO of Coinbase, one of the most popular cryptocurrency exchanges out there, is urging users to be responsible about their investments. “We also wanted to remind customers of some of the risks associated with trading digital currency,” CEO Brian Armstrong wrote. “Digital currencies are volatile and the prices can go […]

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These are Facebook’s internal policies on harassment and bullying

 Facebook, in a similar manner to what it did with its internal policies around Managing Bias, is making its policies on harassment and bullying publicly available. Facebook has also outlined its investigation process as a result of harassment or bullying allegations. Facebook says it is doing this now because “lots of really brave women have […]

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Facebook Sound Collection lets you add no-name music to videos

 The right soundtrack can make a boring video interesting. So after years of reported discussions with the record labels, Facebook is launching video editing tool Sound Collection for inserting “songs, vocals, noises, and instrumental tracks spanning genres like hip hop, pop, jazz, country, and more” into Facebook and Instagram clips. What you can’t add is […]

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Apple TV finally gets SiriusXM streaming

 A little potential bonus for those thinking of picking up an Apple TV for the holidays. As of this week, streaming from the satellite radio giant SiriusXM is available to owners of the 4th generation Apple TV and Apple TV 4K — assuming, of course, you’ve already got a subscription to the service. The partnership […]

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Researchers train robots to see into the future

 Robots usually react in real time: something happens, they respond. Now researchers University of California, Berkeley are working on a system that lets robots “imagine the future of their actions” so that they can interact with things they’ve never seen before. The technology is called visual foresight and it allows “robots to predict what their […]

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Meet “Genies”, the lifelike personalized avatars that reenact news

 “If god forbid Donald Trump bombs North Korea, you’ll see your Genie riding a nuke to North Korea” says Nigam. Whether that idea makes you giggle or roll your eyes, this is Genies’ plan “to be the next BuzzFeed”, the 24-year-old CEO tells me. “Your Genie is the star of the show. The script is […]

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AWS has a post re:Invent surprise as it enters the single sign-on market

 Steve Jobs used to famously end his keynotes with “there is one more thing…” AWS decided to wait a week after their re:Invent conference ended to announce their more thing when it quietly released a single sign on product for the AWS cloud yesterday. While the announcement was pretty thin on details, it appears to […]

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Spotify and Tencent agree to swap stakes in their music businesses

 Tencent’s overseas investment splurge continues after the company confirmed a deal with Spotify that will see the duo make investments in each other’s music businesses. Tencent Music Entertainment (TME), the Chinese firm’s subsidiary that manages its music streaming and karaoke services, will make an undisclosed minority investment in Spotify through new shares, while… Read More […]

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Amazon brings its Echo smart speakers and Music Unlimited service to 28 new countries

 Amazon is continuing to push its media services worldwide after it expanded its Alexa smart speakers and its standalone Music Unlimited service to an additional 28 countries today. The company took its Prime Video service global a year ago and last month it rolled a Fire TV Stick for over 100 countries, but now the […]

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Why is bitcoin’s price so high?

 Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. […]

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Zelda expansion, Death Stranding and other titles hyped at The Game Awards

 The Game Awards, an event that’s exactly what it sounds like, took place shortly ago and, like any gaming event, it was shot through with trailers and announcements. What’s the biggest announcement, you ask? It’s probably a tie between the sudden release of a new expansion for Zelda: Breath of the Wild and a teaser […]

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Nvidia’s $2,999 Titan V is a 110 teraflop GPU for AI processing

 Nvidia cards are the de facto standard for running machine learning workloads and today, the company added yet another high-end compute-centric card to its line-up: the Titan V. This card, which is based on Nvidia’s Volta architecture, features 21.1 billion transistors on a 815 mm2 chip that can produce a full 110 teraflops of compute […]

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Uber lands investment from Singapore’s largest taxi operator in blow to rival Grab

 Uber has struck a major deal in Southeast Asia after ComfortDelGro, Singapore’s largest taxi operator, announced [PDF] it has agreed to buy a majority share of the ride-hailing giant’s Singapore-based business. The deal will see a joint venture valued at SG$642 million (US$474 million) established to run Uber Singapore. Comfort will contribute SG$295 million in what […]

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MishiPay raises £1.6M led by Nauta Capital for its mobile self-checkout technology

 MishiPay, a London startup that has built mobile self-checkout technology that promises to put an end to queuing to pay, has raised £1.65 million in seed funding. The round is led by European VC Nauta Capital and will be used to further grow the burgeoning company as it persuades high street retailers to adopts its […]

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Coinbase hits top spot on Apple’s US App Store despite struggling to handle bitcoin demand

Ignoring recent price rises for a second, if you can — there’s no greater sign of bitcoin fever than an app that lets you buy the cryptocurrency becoming the most downloaded app in the App Store. That’s exactly what happened on Thursday when Coinbase, the $1.6-billion-valued company behind what is arguably the world’s best-known exchange for […]

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Samir Arora unveils Sage Digital, a startup that’s all about accurate location data

 Samir Arora says it’s time for a new wave of applications that use reliable location data. Arora previously founded Mode Media (which he departed before its shutdown last year, though he remains involved in Mode Media Japan) and NetObjects before that. Today he’s unveiling Sage Digital, the startup that he’s hoping will provide the data […]

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PhoneWagon raises $1.2M to track when marketing campaigns lead to phone calls

 When it comes to tracking the effectiveness of online advertising campaigns, PhoneWagon CEO Ryan Shank said there’s been a big piece missing for most businesses — namely, how often those campaigns lead to phone calls. Shank has plenty of experience in local marketing, having worked in sales at Yext, then founding Mhelpdesk, which he sold […]

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Even if Section 702 expires, White House says warrantless surveillance is fine for a while

 The fight over a critical loophole in U.S. surveillance law may not be resolved in Congress before the year ends, but the Trump administration appears to have no qualms about keeping it open, even if the law expires. The law, known as Section 702 of the Foreign Intelligence Surveillance Act (FISA), is set to expire […]

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6 red flags of an ICO scam

 With exponential growth in public interest, esoteric terminology and a lax regulatory framework, it is no surprise that some ICOs have been used to fund scams and cheat investors of their money. While nothing can compete with quality due diligence, knowing which red flags to look for in order to steer clear of scams or […]

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Apple issues fix for HomeKit vulnerability impacting smart locks and other devices

 Apple says it’s issued a fix for an iOS security flaw that left key connect home hardware open to unauthorized third-party access. The bug, which was initially spotted by 9to5Mac, reportedly made it possible for an outside party to access things like smart locks and garage doors. The company has since confirmed the existence of […]

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Salesforce is latest big tech vendor to join the Cloud Native Computing Foundation

 Salesforce announced today that it was joining the Cloud Native Computing Foundation (CNCF), the open source organization that manages Kubernetes, the popular open source container orchestration tool. It is the latest in a long line of big name companies, joining the likes of AWS, Oracle, Microsoft, VMware and Pivotal, all of whom joined in a […]

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Sony has sold over 70 million PS4 consoles, 2 million VR headsets

 Sony released some new stats today detailing the progression of sales for its PS4 console and PS VR headset systems. The numbers that matter: 70.6M PS4 consoles, 617.8M PS4 titles, 2M PS VR headsets, 12.2M PS VR titles. Things appear to moving along rather well in console land, where Sony is almost certainly winning the console wars […]

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Facebook adds support for live streaming and video chats to Messenger games

 Last November, Facebook launched Instant Games, a new platform for gaming with friends inside the Messenger chat app. Today, the company is announcing a couple of notable new features for this gaming platform, including support for live streaming via Facebook Live and video chatting with fellow gamers. The idea with Instant Games is to boost […]

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San Francisco made things much tougher for robotic delivery startups this week

 San Francisco’s Board of Supervisors made it a lot tougher to test delivery robots this week. In a five to one vote, the committee handed down some strict regulations on on the cargo bots, which have been piloted on city sidewalks over the past several months. Supervisor Norman Yee, who initially proposed the regulation cited […]

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The price of Bitcoin has doubled in two weeks, now above $16k

 Bitcoin prices are hockey-sticking on a hockey stick. The cryptocurrency’s gains Thursday morning hit new heights striking well above $18k across widely varying exchanges, coming to rest above $16,000 while the popular Coinbase exchange had been suffering major issues due to “record high traffic.” Bitcoin was trading below $8,000 two weeks ago. This is a truly, […]

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iPhone models dominate Flickr’s list of most popular cameras in 2017 with 54% of top 100 devices

 Apple’s iPhone remains the most popular camera used by the Flickr community, the photo-sharing site revealed today in its annual review of camera rankings and top photos. This year, the iPhone beat out other camera makers – like Canon and Nikon, the number two and three respectively – by accounting for 54 percent of the […]

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China’s JD partners with accelerator program Plug and Play to reach US startups

 E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart supply chain tech, with the […]

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Women’s lifestyle startup Tara&Co brings on board advisory council

 Despite a belief that women don’t support each other, Tara&Co. is bringing on three female leaders in the tech industry to serve on the lifestyle startup’s advisory council. Hearsay Systems CEO Clara Shih, Google GM of small and medium business ads Kim Spalding and Etsy COO Linda Kozlowski are all coming on board to advise Tara&Co. […]

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Pinterest brings on a new head of corporate and business development

 Pinterest today said it is hiring a new head of corporate and business development, bringing on former Facebooker Gary Johnson as it looks to continue to expand. The hiring comes at a time when Pinterest recently saw its president, Tim Kendall, depart to start his own company. As Pinterest looks to ramp up its pitch […]

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Microsoft introduces Simplygon Cloud 3D object optimization for AR and VR

 In January, Microsoft acquired 3D optimization service Simplygon for an undisclosed sum. Today, we’re seeing the fruits of that buy with the launch of Simplygon Cloud, which the company hopes will help game developers integrate the optimization tool into their workflows to make content more friendly to resource-intensive AR and VR platforms. Read More Powered […]

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Lyft hires first-ever VP of corporate development and investor relations

 Following Lyft’s recent $1.5 billion funding round, the company has decided to bring on board Kristina Omari as its first-ever vice president of corporate development and investor relations as it continues to grow. Omari also happens to now be the highest ranking black female executive at Lyft. Lyft, according to its June 2017 diversity report, […]

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New airline rules are leaving smart luggage makers in a tough spot

 America’s top airlines are taking a stand against smart luggage. In a rare bit of solidarity, a number of the country’s top carriers have announced rules that would limit the use of high-tech bags, over fear of potential battery combustion. American Airlines led the charge on the ban. On Friday of last week, the carrier noted […]

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Heptio teams up with Microsoft to build a better Kubernetes disaster recovery solution

 With the rise of Kubernetes as the de facto standard for container orchestration, it’s no surprise that there’s now a whole ecosystem of companies springing up around this open source project. Heptio is one of the most interesting ones, in no small part due to the fact that it was founded by Kubernetes co-founders Joe […]

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Burrow raises $4.3M for its modular sofa

 Burrow, a startup bringing a Casper-style approach to manufacturing and delivering sofas, is announcing that it has raised $4.3 million in seed funding. This might might not sound like the most obvious area for a startup to tackle — unless you’ve had the experience of trying to carry a couch up a twisty flight of […]

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Google’s mobile search results now include videos of celebs answering your questions

 Google is testing a new feature that will allow celebrities and other notable figures to answer users’ search queries directly in the form of “selfie” videos posted in the Google Search results. The company says this program is initially being piloted on mobile with a handful of people for now, including Priyanka Chopra, Will Ferrell, Tracee […]

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Spark Capital leads $3.3m round into Boston-based, on-demand life sciences marketplace Clora

 On-demand labor marketplaces have been around for decades on the internet. Paying someone to identify a cat using Amazon Mechanical Turk or hiring someone to program a quick website on Upwork is easy — post a job, select someone, pay a few bucks and you’re done. While hiring individuals is reasonably straightforward, building teams to […]

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Netflix posts trailers for each episode of Black Mirror Season 4, plus a release date

 Netflix has been teasing the next season of Black Mirror at an excruciatingly slow pace. But now, we have everything we need to emotionally prepare for Season 4, including a release date. Yesterday, Netflix released the full Season 4 trailer, finally informing a desperate fanbase that the new season will be released on December 29. […]

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Drake, ‘Game of Thrones’ and ‘Moana’ top Apple’s 2017 most downloaded list

 Over the past several years, tech year-end lists have become as much of an annual tradition as Twilight Zone marathons and going to a bar to get away from the family on Christmas Eve. Apple dropped its big list today and surprise, there aren’t really too many surprises here — though it’s a useful reminder […]

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3D home design startup Modsy raises $23 million in Series B funding

 Technology has made buying stuff for your house a whole lot easier to do on a whim, but there haven’t seemed to be quite as many advancements in terms of ensuring that what you buy actually makes your space look good. Modsy isn’t an augmented reality company as much as they are a 3D imaging […]

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Instagram is testing a standalone app for direct messaging

 Instagram has changed a lot since its acquisition by Facebook in 2012. The original premise was so simple. Beautify your photo and share it to your friends in a couple clicks. Like your friends photos with a simple scroll and a double-tap. Now, Instagram has videos and gifs (Boomerang). It has its own set of […]

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PullRequest pulls in $2.3M seed round led by Google’s Gradient Ventures

 PullRequest, a Y Combinator Summer 17 graduate, announced a $2.3 million seed round today led by Google’s new AI fund, Gradient Ventures. The Slack Fund, Fika Ventures, Defy Ventures, Lynett Capital, FundersClub and Joe Montana’s Liquid2 Ventures also participated. The company has been concentrating on providing code review as a service, a task that often gets […]

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Compass gets $450M from SoftBank; real estate portal now valued at $2.2B

 Less than a month after raising $100 million led by Fidelity, real-estate startup Compass is striking while the iron is hot. The company has now picked up an even bigger investment of $450 million, this time from the SoftBank Vision Fund, plus another $50M in secondary deals, to fill out a vision of its own: […]

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Prose raises $5.2 million for custom shampoo

 Whether your hair is straight, curly, color-treated or oily, the texture is unique. And a newly launched startup called Prose thinks your hair products should be, too. Prose is working with hair salons and stylists to build custom formulations for clientele. They’ll not only take into account a person’s hair type but whether their city has […]

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Echofin is Slack for financial professionals

 Historically, financial organizations have watched forlornly through the front window while startups have adopted new and cool tools like Slack, Twitter, and Convo. Now they can join in the fun with something called Echofin. You can imagine the product as a sort of hyper-powered Slack for financial groups. Users can message each other and view […]

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Naspers, Innova Capital invest $82 million more for Movile’s iFood delivery business

 Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More Powered by WPeMatico

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Honda is working with Chinese AI unicorn SenseTime on self-driving car tech

 Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. SenseTime, which raised a $410 million funding round this past summer and counts Qualcomm among its investors, is particularly well known for its […]

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Syte.ai’s new API makes visual search accessible to more online fashion retailers

 Earlier this year, Syte.ai, which develops visual search technology for fashion brands, raised $8 million from investors including top Asian tech firms NHN, Line Corp. and Naver. Now it’s unveiling a new API that makes adding visual search accessible to more e-commerce sites. Read More Powered by WPeMatico

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Chattermill raises £600K to use ‘deep learning’ to help companies make sense of customer feedback

 Chattermill, a London-based startup that uses ‘deep learning’ to help companies make better sense of customer feedback, has raised £600,000 in seed funding. Backing comes from Entrepreneur First — Chattermill is an alumni of the company builder — and Avonmore Developments, along with a number of angel investors, including Jeff Kelisky, CEO of Seedrs. Read […]

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Patreon’s new service fee spurs concern that creators will lose patrons

 Patreon announced a new service fee policy that it says will help creators keep more money, but many are worried because they believe it will instead discourage their patrons from pledging. The crowdfunding platform for artists currently takes a fee of 5% (creators also pay fees charged by payment processors like Stripe or PayPal) from […]

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Ford recruits Alibaba to help break into China’s electric vehicle industry

 Ford has put a lot of focus on China’s electric vehicle market — with a local joint venture expected to lead to 15 electric or hybrid models on sale in the country by 2025 — and today the automotive giant announced a tie-in with Alibaba to fulfill its ambitious goals. The scope of alliance is fairly […]

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Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

 B Capital, the investment firm from Facebook co-founder Eduardo Saverin that is backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The U.S.-Asia fund is investing $10 million into Mumbai-based Mswipe alongside DSG Consumer Partners in what is an extension to a Series D round […]

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WorldRemit nabs $40M at a $670M valuation to boost its money transfer business

 WorldRemit, a London-based startup with some 2 million users that offers a quick way for people to send money to each other with a focus on developing markets, has raised more funds to help it take on the likes of Western Union in the remittances market, estimated by the World Bank to be worth some […]

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Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hack

 Bitcoin is flying sky high after crossing the $14,000 mark for the first time, but one projected aimed at helping mine coins is short of at least $60 million after it was hacked. NiceHash, a marketplace that matches those with spare computing to power to miners wanting to create new coins, has confirmed that it […]

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Okta reports earnings, moves headquarters and launches free service for startups

 It was a big day for online identity management provider, Okta.  After reporting better-than-expected third-quarter earnings, the company also made a slew of announcements. Okta, which counts corporate clients like Nordstrom and government clients like the U.S. Department of Justice, said that it’s now going to let startups use its services for free. Young organizations […]

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Qualcomm’s Snapdragon 845 focuses on AI, VR and battery life

 Qualcomm teased its new flagship smartphone chip at day one of its Summit in Maui, and, as expected, the company’s got a lot more to offer us on day two. The Snapdragon 845 is the latest premium processor, due out next year. And like its predecessor, the 835, you can expect the thing to be […]

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ProtonMail encrypted mail service adds support for Apple Mail, Outlook and Thunderbird

 Mr. Robot’s email service of choice just expanded its support for a handful of popular email clients. ProtonMail just introduced a new tool, called ProtonMail Bridge, that could expand its relatively niche appeal to more mainstream users who aren’t yet comfortable with giving up their email client habits. ProtonMail, built around the encryption standard known […]

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Facebook’s former Oculus Story Studio team isn’t done quite yet

 Today, Sundance Film Festival announced its lineup for next month, and included yet again, were the entrants for the festival’s New Frontiers program which hosts VR content, and unlikely film title made the list this year, Wolves in the Walls. Virtual reality may not be the technology do jour in Silicon Valley as much as […]

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As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market

 It’s been a bad few months for internet freedom in China (and really a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local […]

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