• Ads are bad, and also terrible Crunch Network

    Ads are bad, and also terrible

    Every so often, I find myself forced to use the Web on a browser without uBlock or an equivalent; and every time, I think to myself “How do people live like this?” The un-ad-blocked web is a miserable cesspool of autoplaying video and hysterical calls to action, slow to load, hard to look at. It’s even worse on your phone, where ads devour your battery life and up to 75% of… Read More

  • SEC looks into Hampton Creek’s mayo buy back scheme

    SEC looks into Hampton Creek’s mayo buy back scheme

    The Securities and Exchange Commission has opened a preliminary inquiry into Hampton Creek after it was accused of running a secret project to buy up its own mayonnaise product from stores. Bloomberg, which first reported the news of the buybacks, now says the agency is looking at whether the startup inappropriately counted revenue from these purchases made with company money. The scheme is… Read More

  • Crunch Report | Samsung Drops Galaxy Note 7

    SolidEnergy, a startup out of MIT, is working on the next generation of Lithium batteries, Pandora is looking to launch on-demand music streaming, Samsung Drops the Galaxy Note 7 in 10 countries, Rakuten buys Bitnet, and video-call-your-doctor startup raises €6.1 million. All this on Crunch Report. Read More

  • Is big data in big trouble? Crunch Network

    Is big data in big trouble?

    We recently saw two critical developments in the big data and analytics space. Tableau released earnings and missed their forecast by $0.05; their stock dropped 5 percent. Then Hortonworks announced a revenue miss that sent the stock into a downward spiral. What’s going on with the business intelligence and Hadoop space? Read More

  • Lyft pauses Carpool service

    Lyft pauses Carpool service

    Well, that was fast. Less than five months ago, Lyft launched a Carpool feature for people commuting outside of San Francisco city limits. The idea was that people would pick up passengers on their way to work and make anywhere from $4 to $10 per ride. The service, which was only available in the San Francisco Bay Area, has since shut down because not enough drivers were interested in… Read More

  • InsiteVR grabs $1.5M in seed funding to bring 3D models to life in VR

    InsiteVR grabs $1.5M in seed funding to bring 3D models to life in VR

    Most of the companies raising funding in the VR space right now are focused on entertaining potential consumers. Perhaps getting less attention are the companies jockeying to provide cool solutions for the enterprise. InsiteVR just raised a $1.5 million seed round to tap into the architecture and construction markets and make early visions of projects more accessible to these… Read More

  • Nova Credit launching from Y Combinator to give immigrants access to U.S. credit

    Nova Credit launching from Y Combinator to give immigrants access to U.S. credit

    Access to credit and establishing a credit history aren’t a luxury for people living in the US, they’re a necessity. A credit score is required to rent most apartments, get credit cards, and essentially make a way in the modern American world But for millions of immigrants (roughly 15 million) landing on U.S. shores — even ones who had successful jobs abroad —… Read More

  • Snowden docs link NSA to Equation Group hackers

    Snowden docs link NSA to Equation Group hackers

    A group calling itself the ShadowBrokers dumped data online last weekend that it claimed to have stolen from a hacking team widely believed to be linked to the NSA. The data contained vulnerabilities affecting major firewall products and ignited speculation that the NSA had been hacked. Expert analysis of the data suggested that the NSA and the Equation Group are one and the same, but… Read More

  • Making earphones customized for hearing ability, Even tunes up $2 million

    Making earphones customized for hearing ability, Even tunes up $2 million

    MeQ Inc., the company behind Even earphones, the tunable earbuds that adjust to users’ unique hearing abilities, has raised $2 million as it looks to expand its business. Financing came from individual investors like Ilan Shiloah, an Israeli businessman and former chief executive of the Israeli arm of the advertising firm McCann Erickson and the chairman of McCann Worldwide… Read More

  • Facebook’s new teens-only app Lifestage turns bios into video profiles

    Facebook’s new teens-only app Lifestage turns bios into video profiles

    “What if I figured out a way to take Facebook from 2004 and bring it to 2016? What if every field in your profile was a full video?” asks Facebook’s 19-year-old product prodigy Michael Sayman. The answer is Lifestage, a standalone iOS app for people 21 and under, which Facebook is launching today. It asks for your happy face, sad face, likes, dislikes, best friend, the way… Read More

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