Category: Daily Crunch

June 7, 2019 Off

Daily Crunch: Facebook’s cryptocurrency is coming

By Jill T Frey

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. Facebook plans June 18 cryptocurrency debut. Here’s what we know

Facebook is finally ready to reveal details about its cryptocurrency, codenamed Libra. It has currently scheduled a June 18 release of a white paper explaining its cryptocurrency’s basics, according to a source.

It sounds like Facebook’s cryptocurrency will be a stablecoin, transferable with zero fees via Facebook products including Messenger and WhatsApp.

2. NASA declares International Space Station ‘open for business,’ including private astronaut visits

NASA’s plan also includes allowing private business activities to take place on the ISS, including “in-space manufacturing,” marketing activities, healthcare research “and more,” NASA says.

3. How Amazon’s delivery robots will navigate your sidewalk

In Amazon’s current trial, the robots … Read the rest

June 5, 2019 Off

Daily Crunch: Peloton files to go public

By Jill T Frey

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. Connected bike and treadmill-maker Peloton files confidentially for IPO

While Peloton made the announcement of its filing in a press release, it did not disclose the terms of its IPO.

The company, which has been valued at $4 billion, paved the way for a variety of home fitness companies. It expanded beyond bikes earlier this year with the release of a connected treadmill with similar services and content.

2. SEC expands its war on cryptocurrency companies with a lawsuit against Kik

In the lawsuit, the SEC claims that Kik conducted an illegal $100 million offering of digital tokens by selling the tokens to U.S. investors without registering their offer and sale as required under U.S. … Read the rest

June 4, 2019 Off

Daily Crunch: Everything Apple announced at WWDC

By Jill T Frey

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. Here’s everything Apple just announced at the 2019 WWDC Keynote

The keynote was an epic two-and-a-half hours long, but unlike TC’s editorial staff, you don’t have to sit through the whole thing — we’ve got a comprehensive rundown for you right here.

The announcements include a dark mode in iOS 13, an iPad-specific version of iOS and the end of iTunes (which is being split into Apple Music, Apple Podcasts and Apple TV).

2. Apple is now the privacy-as-a-service company

In addition to the announcements mentioned above, Apple also unveiled a unified ID platform, illustrating how the company’s approach to privacy will mesh with its ongoing transformation into a services company.

3. Fitness startup Mirror Read the rest

May 31, 2019 Off

Daily Crunch: Leap Motion waves goodbye

By Jill T Frey

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. Once poised to kill the mouse and keyboard, Leap Motion plays its final hand

Leap Motion raised nearly $94 million for its mind-bending demos of hand-tracking technology, but the company was ultimately unable to find a sizable customer base. Even as it pivoted into the niche VR industry, the startup remained a problem in search of a solution.

Now the nine-year-old company is being absorbed into the younger, enterprise-focused UltraHaptics.

2. Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding

Foursquare just made its very first acquisition, with Placed founder and CEO David Shim becoming president of the location data company.

3. What to expect from Apple’s WWDC 2019

The … Read the rest

May 29, 2019 Off

Daily Crunch: Uber will deactivate low-rated riders

By Jill T Frey

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. Uber will start deactivating riders with low ratings

Uber drivers have been able to rate their passengers before this, but those passengers were never really at risk of deactivation — until now. In a blog post, Uber’s Kate Parker said that while only “a small number of riders” should be affected, “it’s the right thing to do.”

The company isn’t announcing a specific rating cutoff. Instead, it says it will deactivate users who fall significantly below a city’s average, after “several notifications and opportunities to improve his or her rating.”

2. Huawei files motion to challenge sweeping US ban, calling it ‘not normal’

The Chinese hardware giant has filed a motion for summary judgement that … Read the rest

May 24, 2019 Off

Daily Crunch: Assange faces Espionage Act charges

By Jill T Frey

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. WikiLeaks’ Assange charged under the Espionage Act in a ‘major test case’ for press freedom

Julian Assange, founder of whistleblowing site WikiLeaks, is facing more than a dozen additional charges from U.S. federal prosecutors.

According to the newly unsealed indictment, Assange faces 17 new charges — including publishing classified information — under the Espionage Act, a law typically reserved for spies working against the U.S. or whistleblowers and leakers who worked for the U.S. intelligence community.

2. Lime’s founding CEO steps down as his co-founder takes control

Lime announced co-founder and chief executive officer Toby Sun will transition out of the C-suite to focus on company culture and R&D. Brad Bao, a Lime co-founder and … Read the rest

May 23, 2019 Off

Daily Crunch: Indiegogo has a new CEO

By Jill T Frey

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. Indiegogo hires Reddit’s Andy Yang as new CEO

CEO David Mandelbrot is stepping down, and according to sources close to the company, several other Indiegogo employees are also leaving.

Mandelbrot announced his departure on LinkedIn, citing “personal reasons.” He was at Indiegogo for six years, starting as senior vice president of operations in August of 2013. Yang, meanwhile, recently led the product team at Reddit.

2. Google’s Duplex calls still frequently require human intervention

Google’s AI-based reservation booking service seems almost too impressive to be a machine. And in fact, now that it’s being used for real-world reservations, the company revealed the calls are often made by human operators at call centers.

3. Invites are Read the rest

May 22, 2019 Off

Daily Crunch: New MacBook Pros have a keyboard fix

By Jill T Frey

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 announces new MacBook Pros with a keyboard fix, oh, and more powerful processors

Apple says it’s taking three steps to remedy the keyboard situation: It will be making a materials change to the MacBook Pro keyboard mechanism, it’s covering all butterfly keyboards across its notebook line in its Keyboard Service program and it’s improving the repair process in Apple Stores to make things faster.

The new laptops have more to offer than improved keyboards: Apple says the 15-inch MacBook Pro will run at double the speed of the previous quad-core models.

2. TransferWise now valued at $3.5B following a new $292M secondary round

While this is a secondary round (so no new cash is … Read the rest

May 21, 2019 Off

Daily Crunch: Instagram influencer contact info exposed

By Jill T Frey

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. Millions of Instagram influencers had their private contact data scraped and exposed

A massive database containing contact information for millions of Instagram influencers, celebrities and brand accounts was found online by a security researcher.

We traced the database back to Mumbai-based social media marketing firm Chtrbox. Shortly after we reached out, Chtrbox pulled the database offline.

2. US mitigates Huawei ban by offering temporary reprieve

Last week, the Trump administration effectively banned Huawei from importing U.S. technology, a decision that forced several American companies, including Google, to take steps to sever their relationships. Now, the Department of Commerce has announced that Huawei will receive a “90-day temporary general license” to continue to use U.S. technology … Read the rest

May 20, 2019 Off

Daily Crunch: Huawei faces Android ban

By Jill T Frey

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. Huawei responds to Android ban with service and security guarantees, but its future is unclear

Google is complying with a federal directive that placed Huawei and 70 of its affiliates on an “entity list,” meaning that any U.S. company needs government approval before doing business with the Chinese tech company.

In response, Huawei said today that it will continue to provide security updates and after-sales support to its existing lineup of Android smartphones. Still, what the company didn’t say will probably spark concerns.

2. TikTok owner ByteDance’s long-awaited chat app is here

The new app is called Feiliao, or Flipchat in English, a hybrid of an instant messenger plus interest-based forums, and it’s currently available … Read the rest