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Category: Tech news
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Crunch Report | Using SpaceX Spaceships to Travel on Earth
Elon Musk plans to use SpaceX spaceships for travel on Earth, Apple has quietly acquired Regaind and South Korea decides to ban ICOs. All this on Crunch Report. Read More
The SEC has charged two initial coin offerings with defrauding investors
The Securities and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors. REcoin, which promoted itself as the first cryptocurrency-backed real estate company and DRC World, a diamond company, are owned by businessman Maksim Zaslavskiy. In a statement, the SEC accuses Zaslavskiy of selling unregistered securities and… Read More
Travis Kalanick appoints Ursula Burns, John Thain to Uber’s board
Former Uber chief Travis Kalanick has appointed two more people to the ridesharing company’s board.
One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox. The other is going to John Thain, who has served as CEOs of CIT Group, Merrill Lynch and the New York Stock Exchange.
A spokesperson for Kalanick provided us with the following statement:
“I am happy to… Read More
StackCommerce buys Joyus to focus on video and expand into fashion, shopping and beauty
StackCommerce, which sells articles sponsored by brands and published on websites, has acquired the online video marketing company Joyus in an all cash transaction to expand its advertising footprint in media targeting women and work more with online video. The media market for fashion, women’s health, and shopping is a new one for StackCommerce which has worked closely with websites… Read More
Building a Series A SaaS valuation estimator (2017 edition)
I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More
Roku nearly doubles since IPO, up another 13% on day two
Digital streaming business Roku has soared in its public debut. After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. So this must be great news for the company, right? Well, sort of. Read More
Some VCs want to jump into ICOs, but a host of challenges remain
Venture capitalists are in a pickle. Companies have raised more than $1.7 billion through initial coin offerings, or ICOs, this year by selling their own customized virtual currencies. For the companies, the trend is a godsend. They can raise the money and use it to fuel new projects without having to give away a piece of their company to venture capitalists. Meanwhile, both accredited and… Read More
Gadget Lab Podcast: It’s Possible Amazon Now Makes Too Many Echo Speakers
This week on the Gadget Lab podcast, Alexa gets hardware and software updates, and Twitter goes long.
Researcher Emilio Ferrara talks about the rise of fake news and botnets
Emilio Ferrara has been thinking about botnets for over a decade. As the first social networks climbed out of the mire, he noticed that they were very easy to game. Now, it seems, all of those early tools have finally been weaponized.
I spoke to Ferrara about his research work as well as his fascinating study that found that Twitter bots can be used for good. In this episode of Technopia we… Read More
Former Oracle employees sue company for alleged pay discrimination
Three female, former Oracle employees, Rong Jewett, Sophy Wang and Xian Murray, are suing Oracle for allegedly paying women less than men in similar jobs. The lawsuit, filed August 28, seeks a class-action status to represent all other women who have worked at Oracle. Read More
iOS 11 Is Killing 32-Bit Apps. But This Is Good News
Apple’s leaving 32-bit apps behind with its iOS 11 update, but saying goodbye to 32-bit apps does more good than harm
It’s time to give Firefox another chance
If you’re like me, you switched your default browser over to Chrome years ago and never looked back. Chances are, before you made the switch, you used Firefox or Internet Explorer. What made Chrome stand out back then was its speed and simplicity, especially at a time when Firefox felt like it was getting slower and heavier with every update. But times have changed. Read More
Facebook can unlock your account with facial recognition
Facebook has its own version of Apple’s Face ID. If you get locked out of your Facebook account, the company is testing a way to regain access by using your face to verify your identity. That could be especially useful if you’re somewhere that you can’t receive two-factor authentication SMS, like on a plane or while traveling abroad, or if you lose access to your email… Read More
How to Turn Off Wi-Fi and Bluetooth in iOS 11
It takes more than just toggling the little buttons in the Control Center.