Stripe’s Patrick Collison says no to an IPO any time soon

 You can imagine that Stripe CEO Patrick Collison is asked a lot about whether his San Francisco-based payments company plans to go pubic any time soon. Last year, the seven-year-old company raised $150 million in a deal co-led by General Catalyst Partners and CapitalG that valued the startup at $9.2 billion, almost double the valuation it was assigned in 2015. Read More

An afternoon with Avegant’s prototype light field display headset

 I’ve seen the light. A few weeks ago, Avegant showed off an early look at some of the crazy tech it has been working on that — in its most simple terms — seeks to make head-mounted displays function more like human eyes. It’s an ambitious goal with more than a few interested parties. Read More

Google DeepMind open sources Sonnet so you can build neural networks in TensorFlow even quicker

 Google’s DeepMind announced today that it was open sourcing Sonnet, its object-oriented neural network library. Sonnet doesn’t replace TensorFlow, it’s simply a higher-level library that meshes well with DeepMind’s internal best-practices for research. Read More

A new guitar is 30% lighter thanks to multiple weird tricks

 Your scientists were so preoccupied with whether or not they could make a lighter guitar, they didn’t stop to think if they should. As TC’s resident guitar lover I have to take all the high-tech in git-fiddles I can get. To wit, I present the Enlightened Collection of electric guitars. These guitars, made by Michael Kelly, are 30 percent lighter than standard solid-body guitars,… Read More

Spotting sockpuppets with science

 If you’ve ever ventured into the comment section of a website or spent any time on forums or social media, you’ve probably encountered sockpuppets, fake accounts controlled by a single person — though it’s possible you didn’t know it at the time. New research may help ID these overeager commentators automatically, which is good news for engendering sane… Read More

Crunch Report | Jeff Bezos Sells $1B in Amazon Stock Annually to Fund Blue Origin

The Kriesel high-performance electric converted Porsche, Jeff Bezos sells $1 billion in stock annually to fund Blue Origin, Hyperloop One completes Vegas test track and 23andMe can now let you know if you have the genes for Parkinson’s. All this on Crunch Report. Read More

Trump plans to nominate Lyft’s Derek Kan to transportation department

 President Donald Trump is expected to nominate Lyft General Manager Derek Kan as under secretary of transportation for policy, Reuters reports. Kan also serves on the board of directors at Amtrak and previously worked as policy adviser to Senate Majority Leader Mitch McConnell, who just so happens to be married to Transportation Secretary Elaine Cho. “Derek is a valued member of our… Read More

SkyX drones are half-helicopter, half-plane and built to fly long distances

 A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More

The leaked DJI Spark looks to be the Mavic Pro’s little brother

 DJI appears to be about to launch a drone even smaller than the Mavic Pro. Supposedly called the Spark, pics of the little drone has been popping up on several sites though DJI has yet to officially announce it. First, the Spark is smaller than the Mavic Pro when the Mavic’s prop arms are extended. The Spark appears to have fixed arms and brushless motors similar to the Mavic’s… Read More

Stellar echoes, Venusian automatons and more gain NASA moonshot funding

 NASA has announced the recipients of its most recent round of highly experimental projects it deems promising enough to fund. These NASA Innovative Advanced Concepts aren’t guaranteed to go all the way, but are rather sort of low-risk, high potential reward moonshots — science fiction they hope will be more the former than the latter. Read More