Mark Zuckerberg has poured billions into his virtual reality dream, a new platform that Facebook owns. Facebook bought Oculus and has spent the last five years killing what it was and reinventing it as a Facebook-scale company. It has dumped most of the co-founders, brought in Zuck loyalists to take over the most important decisions […]
Posted on: 25 May 2019 | 3:14 pm
Living in a dense urban environment brings many startup-fuelled conveniences, be it near instant delivery of food — or pretty much whatever else you fancy — to a whole range of wheels that can be hopped on (or into) to whisk you around at the tap of an app. But the biggest problem afflicting city […]
Posted on: 25 May 2019 | 1:00 pm
Housekeeping & Extra Crunch 20% event discount reminder Extra Crunch will not be publishing on Monday due to the Memorial Day holiday in the United States. Publishing will resume as normal on Tuesday. Reminder: if you are an annual member of Extra Crunch, your membership includes a 20% discount on event tickets and exhibitor packages. […]
Posted on: 25 May 2019 | 12:30 pm
When it comes to public universities, the old adage “you get what you pay for” clearly does not apply. Leading public research universities have a track record of turning out successful graduates.
Posted on: 25 May 2019 | 12:09 pm
In this week's newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees.
Posted on: 25 May 2019 | 8:00 am
The U.S-China trade war is increasingly influencing tech. Huawei has suffered a turbulent past week with key suppliers pausing work with the company, and now China’s largest chipmaker is planning to delist from the New York Stock Exchange. Semiconductor Manufacturing International Corp (SMIC) announced in a filing published Friday that it plans to delist next […]
Posted on: 25 May 2019 | 12:03 am
If you’ve been out and about in Silicon Valley in the last month or so, chances are you’ve heard of “Alpha Girls,” a new book written by journalist Julian Guthrie about four people who’ve made a big impact on the world of startup investing. The book recognizes them — Theresia Gouw, MJ Elmore, Sonja Hoel […]
Posted on: 24 May 2019 | 7:35 pm
After nearly a decade on Uber's board of directors, the former CEO is calling it quits.
Posted on: 24 May 2019 | 6:30 pm
News just in from security reporter Brian Krebs: Fortune 500 real estate insurance giant First American exposed approximately 885 million sensitive records because of a bug in its website. Krebs reported that the company’s website was storing and exposing bank account numbers, statements, mortgage and tax records, Social Security numbers and driving license images in […]
Posted on: 24 May 2019 | 5:14 pm
Every company’s online acquisition strategy is out in the open. If you know where to look. This post shows you exactly where to look, and how to reverse engineer their growth tactics...
Posted on: 24 May 2019 | 5:00 pm
When you watch 2001: A Space Odyssey, do you find yourself criticizing HAL 9000's machinations and thinking, "I could do better than that!" If so, Observation may be right up your alley. In it you play a space station AI called SAM that is called upon by the humans on board to help resolve a deadly mystery — though you may be a part of it yourself.
Posted on: 24 May 2019 | 4:31 pm
Erik Finman is a twenty-something bitcoin maximalist as famous for his precocity as he is for his $12 bet on the currency a few years ago. Now, Finman, who built his first company while still in high school, is launching a new startup called CoinBits, which allows users to passively invest in bitcoin. The idea, […]
Posted on: 24 May 2019 | 3:37 pm
Livekick, a startup that gives customers access to one-on-one personal training and yoga from their home (or hotel room, or elsewhere), is announcing that it has raised $3 million in seed funding. The company was founded by entrepreneur Yarden Tadmor and fitness expert Shayna Schmidt. Tadmor said that with all his travel for work, his […]
Posted on: 24 May 2019 | 3:22 pm
Last night's successful Starlink launch was a big one for SpaceX — its heaviest payload ever, weighed down by 60 communications satellites that will eventually be part of a single constellation providing internet to the globe. That's the plan, anyway — and the company pulled the curtain back a bit more after launch, revealing a few more details about the birds it just put in the air.
Posted on: 24 May 2019 | 2:47 pm
On January 12, 2016, Grindr announced it had sold a 60% controlling stake in the company to Beijing Kunlun Tech, a Chinese gaming firm, valuing the company at $155 million...
Posted on: 24 May 2019 | 2:00 pm