• The Uber and the frog

    The Uber and the frog

    How the mighty are fallen. Travis Kalanick is out, and Uber has become something of a headless horseman, with no current CEO, COO, CFO, CMO, VP of Engineering, or general counsel. Its alleged valuation has fallen by $18 billion and counting. How did this happen? Or maybe a better question is: how could this not have happened? It really wasn’t so long ago, believe it or not, that Uber… Read More

  • Australia wants Five Eyes to squeeze tech firms on encryption

    Australia wants Five Eyes to squeeze tech firms on encryption

    The political rhetoric against strong encryption continues to crank up. Reuters reports today that Australia will be pushing for greater powers for countries to tackle the use of encrypted messaging services by terrorists and criminals at an upcoming meeting of ministers from the so-called ‘Five Eyes’ intelligence network. Read More

  • Houzz raises a huge $400M round at a $4B valuation

    Houzz raises a huge $400M round at a $4B valuation

    If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often. Except now the company says it has raised $400 million led by Iconiq Capital… Read More

  • Taking a ride in MIT’s self-driving wheelchair

    Taking a ride in MIT’s self-driving wheelchair

    Over the past few months, CSAIL’s (MIT Computer Science and Artificial Intelligence Laboratory) self-driving wheelchair has become a familiar sight around the MIT halls. It’s a nice little rolling advertisement for the lab’s work — and more importantly, it’s a great opportunity to test the mobility device in a real world setting. As students wander by in groups… Read More

  • Binary Capital reportedly delays closing new fund amid controversy

    Binary Capital reportedly delays closing new fund amid controversy

    In the wake of allegations of sexual harassment and the resignation of Binary Capital co-founder Justin Caldbeck, the firm has delayed closing its second fund, Axios reports. Caldbeck issued a statement saying he would take an indefinite leave of absence after multiple women in the tech industry alleged they faced unwanted and inappropriate advances from him. The Information first reported… Read More

  • Headstart wants to better analyze candidates to fit them with the best jobs

    Headstart wants to better analyze candidates to fit them with the best jobs

    Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies. So… Read More

  • Tumblr says it fixed the ‘Safe Mode’ glitch that hid innocent posts, including LGBTQ+ content

    Tumblr says it fixed the ‘Safe Mode’ glitch that hid innocent posts, including LGBTQ+ content

    Tumblr this week introduced a “safe mode” for its service, which combines the company’s previously available “safe search” functionality with a new filter that would hide “sensitive” content from the site’s main Dashboard, using an overlay. However, Tumblr quickly came under fire for hiding “sensitive” content that was anything… Read More

  • Coinbase is reimbursing losses caused by the Ethereum flash crash

    Coinbase is reimbursing losses caused by the Ethereum flash crash

    Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many… Read More

  • Relevnt launches a publisher-centric news app

    Relevnt launches a publisher-centric news app

    Florida startup Relevnt is experimenting with a new approach to online publishing. Founder and CEO Winder Hughes said that it’s become unrealistic to expect readers to download an app for every publication that they follow, or even to type a bunch of URLs into their mobile browser. At the same time, when publishers rely on big platforms like Facebook and Google… Read More

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