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Last Build Date: Wed, 28 Jun 2017 05:31:44 +0000


The latest in the Binary Capital blowup — and what it means for startup investingThe%20latest%20in%20the%20Binary%20Capital%20blowup%20%26%238212%3B%20and%20what%20it%20means%20for%20startup%26nbsp%3BinvestingScreen Shot 2017-06-27 at 8.40.13 PMconnieloizos

Wed, 28 Jun 2017 04:05:30 +0000

(image)  Binary Capital, the San Francisco-based early stage fund whose cofounder, Justin Caldbeck, resigned this past Sunday, is shutting down for all practical purposes. A source tells Bloomberg that the young firm, which had closed its second fund last year with $175 million in commitments but barely begun to invest that capital, will be wound down. Binary’s portfolio companies, including from… Read More(image)

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Apple Music’s first new personalized playlist wants you to ChillApple%20Music%E2%80%99s%20first%20new%20personalized%20playlist%20wants%20you%20to%26nbsp%3BChillIMG_0021gre9del

Wed, 28 Jun 2017 02:45:58 +0000

(image)  This week Apple is beginning to roll out the first new personalized playlist under Apple Music’s ‘For You’ section. The playlist, entitled ‘Chill’ is muxed based on editorial curation and algorithmic interpretation of your musical tastes. A small number of test users got the new playlist yesterday evening. An updated Chill playlist will be delivered every Sunday… Read More(image)

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Crunch Report | A bad day for cybersecurityCrunch%20Report%20%7C%20A%20bad%20day%20for%26nbsp%3Bcybersecurityjmannes16

Wed, 28 Jun 2017 02:30:14 +0000

Today’s Stories A massive new ransomware attack is spreading around the globe Target’s next-day essentials delivery service opens to customers in pilot test Cloudflare launches app development platform, announces $100M investment fund Uber now lets you request a ride for someone else Credits Written and Hosted by: John Mannes Filmed by: Joe Zolnoski Edited by: Gregory… Read More(image)

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Cannabis delivery startup Eaze confirms theft of some user data from service providerCannabis%20delivery%20startup%20Eaze%20confirms%20theft%20of%20some%20user%20data%20from%20service%26nbsp%3BproviderMarijuana 2alexjameswilhelm

Wed, 28 Jun 2017 00:44:42 +0000

(image)  An anonymous source tipped off Crunchbase News that Eaze, the Series B-stage cannabis delivery startup with over $24 million in venture funding, has experienced a security incident. Some of its user data may have been stolen by a former employee of Don Davidson, MD, a medical service provider that provides patient consultations and medical cannabis recommendations (the equivalent of a… Read More(image)

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Magic Wormhole is a clever way to send files easily and securelyMagic%20Wormhole%20is%20a%20clever%20way%20to%20send%20files%20easily%20and%26nbsp%3Bsecurelywormholedevin

Tue, 27 Jun 2017 22:52:06 +0000

(image)  If you need to transfer a couple hundred megs to a coworker or friend across the country, you aren’t short on options. In fact, options are thick on the ground, and all have their own issues. Don’t you wish you could just speak a few magic words and send stuff directly to them, no intermediate upload, no web interface, no login? Magic Wormhole is a clever way to do just that. Read More(image)

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Andy Rubin-backed AR hardware startup CastAR reportedly shuts downAndy%20Rubin-backed%20AR%20hardware%20startup%20CastAR%20reportedly%20shuts%26nbsp%3BdownScreen Shot 2017-06-27 at 3.34.37 PMlucasmatney2015

Tue, 27 Jun 2017 22:36:01 +0000

(image)  An augmented reality headset startup founded by former Valve employees and funded by Android co-creator Andy Rubin’s Playground Global is shutting down after it failed to receive further investment. CastAR was building a headset device that projected holographic images into the field-of-view of a user, similar to products being built by companies like Microsoft and Magic Leap. Read More(image)

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Japan’s SNES Classic gets Famicom look and tweaked game selectionJapan%26%238217%3Bs%20SNES%20Classic%20gets%20Famicom%20look%20and%20tweaked%20game%26nbsp%3Bselectionimg_01devin

Tue, 27 Jun 2017 22:11:42 +0000

(image)  Everyone’s excited about the SNES Classic Edition, what with its twee 90s look and fantastic selection of games. But as with its NES predecessor, the Japanese version of the device is significantly different, outside and in — here are the differences between the two. Read More(image)

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There’s a war brewing in Japan, and the banks should pay attentionThere%E2%80%99s%20a%20war%20brewing%20in%20Japan%2C%20and%20the%20banks%20should%20pay%26nbsp%3Battentionshutterstock shibuya tokyo japandavidalanriggs

Tue, 27 Jun 2017 22:00:44 +0000

(image)  People often use the term “time machine model” in Japan. It refers to the lag with Silicon Valley when it comes to startups and innovation. When a time machine model gains momentum locally, usually it means war. The most notable recent example of this is the war of the news apps. Now there is a similar war brewing in Japan; this time it is for mobile P2P payments. Read More(image)

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Google News gets a fresh coat of paintGoogle%20News%20gets%20a%20fresh%20coat%20of%26nbsp%3Bpaintgoogle_logo_pipefredericlardinois

Tue, 27 Jun 2017 22:00:39 +0000

(image)  After years of sticking with essentially the same design, nobody was going to accuse Google News of looking modern. While the rest of the company’s portfolio received major facelifts in recent years, Google News started looking a bit neglected (and cluttered). That’s all changing today. Read More(image)

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Boundless, Navigator CRE and Off the Record take prizes at TechCrunch’s Seattle pitch-offBoundless%2C%20Navigator%20CRE%20and%20Off%20the%20Record%20take%20prizes%20at%20TechCrunch%26%238217%3Bs%20Seattle%26nbsp%3Bpitch-off35535452105_c297f198ed_hdevin

Tue, 27 Jun 2017 21:53:14 +0000

(image)  It was a lovely day for a meetup in Seattle, and the Showbox SoDo was packed as TechCrunch’s annual pitch-off in my home town took place last week. But as impressive as our 10 contestants were, only three would leave with tickets to Disrupt SF. And here they are. Read More(image)

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Someone claiming to be a VC admits he doesn’t hire women out of fear he’ll get suedSomeone%20claiming%20to%20be%20a%20VC%20admits%20he%20doesn%26%238217%3Bt%20hire%20women%20out%20of%20fear%20he%26%238217%3Bll%20get%26nbsp%3Bsued16968012605_ff6fde5a4c_osarahbuhr

Tue, 27 Jun 2017 21:01:21 +0000

(image)  On KQED’s Forum show today host Queena Sook Kim discussed venture capital’s sexist culture. But during the call, someone claiming to be a VC emailed the show to say he would not hire a woman “out of fear that we will get sued.” Not hiring women capable of filling a role at your workplace simply because they are female is illegal. Read More(image)

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Credit Karma touts $500 million in revenuesCredit%20Karma%20touts%20%24500%20million%20in%26nbsp%3BrevenuesCredit Karmaryanlawler

Tue, 27 Jun 2017 21:00:00 +0000

(image)  It turns out that you can make a lot of money by giving stuff away for free. That’s the lesson from Credit Karma, which today is announcing that it’s running its business profitably after earning $500 million in revenues last year. Read More(image)

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Ford GoBike launches in the Bay Area starting tomorrowFord%20GoBike%20launches%20in%20the%20Bay%20Area%20starting%26nbsp%3Btomorrowford_gobikeetherin

Tue, 27 Jun 2017 20:44:51 +0000

(image)  Ford’s GoBike dock-based bike-share program kicks off tomorrow, June 28 in the Bay Area. The program is being run in collaboration with Motivate, a platform operator and service provider for bike-sharing networks, and will offer up 3,500 bikes by summer’s end throughout San Francisco, the East Bay and San Jose. By the end of 2017, the plan is to have the network cover 546 stations… Read More(image)

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Twitter has a new VP of inclusion and diversityTwitter%20has%20a%20new%20VP%20of%20inclusion%20and%26nbsp%3Bdiversityimg_4928mdickey

Tue, 27 Jun 2017 19:46:07 +0000

(image)  A few months after Jeffrey Siminoff left his position as VP of diversity and inclusion at Twitter, the company has brought on Candi Castleberry Singleton to lead Twitter’s diversity efforts. Read More(image)

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Today’s huge ransomware attack has only made about $7,500 so farToday%26%238217%3Bs%20huge%20ransomware%20attack%20has%20only%20made%20about%20%247%2C500%20so%26nbsp%3Bfarmoney cashtaylortechcrunch

Tue, 27 Jun 2017 19:46:04 +0000

(image)  Ransomware attacks are bigger than ever, but the payouts appear to be shrinking. While the ransomware suspected to be a variant of Petya makes headlines around the world, whoever set it loose isn’t really making a whole lot of money, especially if they paid for the software to begin with. Read More(image)

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MIT’s gas-powered drone is able to stay in the air for five days at a timeMIT%E2%80%99s%20gas-powered%20drone%20is%20able%20to%20stay%20in%20the%20air%20for%20five%20days%20at%20a%26nbsp%3BtimeDCIM121MEDIADJI_0002.JPGbheater

Tue, 27 Jun 2017 19:45:49 +0000

(image)  Last month, a team of MIT engineers launched Jungle Hawk Owl from the back of a compact car. It was the first flight for the 24-foot-wide drone, which the team believes is capable of staying in the air for five days on a single tank of gas. The craft was designed to address a challenge posed by the U.S. Air Force. Read More(image)

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Dating apps are embracing videoDating%20apps%20are%20embracing%26nbsp%3Bvideodating appssarahintampa

Tue, 27 Jun 2017 19:30:26 +0000

(image)  Dating apps are, in their own way, a form of social networking – especially as they expand into new areas like friend-finding or professional networking. So it only makes sense that they would adopt video as well, given the growing popularity of the format on social apps like Facebook, Instagram and Snapchat, as well as the industry’s larger embrace of “Stories” as a… Read More(image)

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StdLib just raised $2 million to connect businesses via APIsStdLib%20just%20raised%20%242%20million%20to%20connect%20businesses%20via%26nbsp%3BAPIskeith_jacobconnieloizos

Tue, 27 Jun 2017 17:46:03 +0000

(image)  Keith Horwood wants to be known in tech circles as an agent for good, and he seems to be working toward that end with StdLib, his roughly two-year-old startup that abstracts away infrastructure using “serverless” architecture, allowing developers to write everything from simple functions to complex business logic, then deploy their code as scalable, fully­ documented web APIs. Read More(image)

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Token has made one ring to rule all your passwords, payments and physical accesswww.ssrphotography.comshieberj

Tue, 27 Jun 2017 17:35:19 +0000

(image)  Token’s ring uses a combination of fingerprinting and an optical proximity sensor to ensure that a user’s credentials can’t be accessed by a third party. Using an app, Tokenites can pair the ring and their biometric information with anything from their credit cards to their car keys. Read More(image)

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Facebook now has 2 billion monthly users… and responsibilityFacebook%20now%20has%202%20billion%20monthly%20users%26%238230%3B%20and%26nbsp%3BresponsibilityFacebook users Snapchat Twitter YouTube WhatsApp Instagram WeChat QQjoshsc

Tue, 27 Jun 2017 17:06:05 +0000

(image)  Thirteen years after launching and less than five years after hitting 1 billion, Facebook now has 2 billion monthly active users. If getting to 1 billion was about building a product, and getting to 2 billion was about building a user base, Facebook’s responsibility is to build empathy between us at it reaches for 3 billion. Read More(image)

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