To realize its VR dreams, Facebook needs to kill what Oculus has built

Sat, 25 May 2019 19:14:15 +0000
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 […]
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This is one smart device that every urban home could use

Sat, 25 May 2019 17:00:39 +0000
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 […]
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Growth, Kubernetes, rocket launches, gender in tech, and more Luckin Coffee

Sat, 25 May 2019 16:30:30 +0000
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. […]
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Which public US universities graduate the most funded founders?

Sat, 25 May 2019 16:09:43 +0000
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.
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Startups Weekly: VCs are drunk on beverage startups

Sat, 25 May 2019 12:00:24 +0000
In this week's newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees.
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China’s largest chipmaker is delisting from the Nasdaq

Sat, 25 May 2019 04:03:42 +0000
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 […]
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Business author Julian Guthrie on the biggest difference between ‘alpha’ men and women

Fri, 24 May 2019 23:35:45 +0000
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 […]
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Uber’s first employee Ryan Graves resigns from board

Fri, 24 May 2019 22:30:03 +0000
After nearly a decade on Uber's board of directors, the former CEO is calling it quits.
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First American site bug exposed 885 million sensitive title insurance records

Fri, 24 May 2019 21:14:16 +0000
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 […]
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How to see another company’s growth tactics and try them yourself

Fri, 24 May 2019 21:00:52 +0000
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...
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‘Observation’ is a tense, atmospheric puzzler where you play a modern HAL 9000

Fri, 24 May 2019 20:31:54 +0000
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.
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CoinBits launches as a passive investment app for bitcoin

Fri, 24 May 2019 19:37:00 +0000
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, […]
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Livekick raises $3M to use live video for one-on-one training

Fri, 24 May 2019 19:22:38 +0000
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 […]
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SpaceX reveals more Starlink info after launch of first 60 satellites

Fri, 24 May 2019 18:47:23 +0000
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.
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CFIUS Cometh: What this obscure agency does and why it matters to your fund or startup

Fri, 24 May 2019 18:00:12 +0000
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...
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Daily Crunch: Assange faces Espionage Act charges

Fri, 24 May 2019 17:46:49 +0000
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 […]
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Apply to TechCrunch’s premier startup competition, Startup Battlefield

Fri, 24 May 2019 17:00:23 +0000
Imagine what $100,000 cash could do for your startup dreams. If you’re an early-stage startup founder determined to take your business to the top, it’s time to stop dreaming and get down to the serious task of competing in Startup Battlefield, our premier pitch-off that takes place at Disrupt San Francisco 2019 on October 2-4. Step […]
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Amazon finally supports Traditional Chinese books on Kindle

Fri, 24 May 2019 16:37:00 +0000
A long-awaited service for readers in Taiwan, Hong Kong, Macau and some other overseas Chinese communities have finally come true: Amazon has just started offering Traditional Chinese books for its Kindle e-reader. The release filled an obvious gap for Kindle, which debuted back in 2007 and has been growing the number of languages it supports […]
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Sonic the Hedgehog movie is getting delayed to redesign the title character

Fri, 24 May 2019 16:32:30 +0000
To say that reaction to the first Sonic the Hedgehog trailer was mixed would be overly diplomatic. But at least fans were able to look beyond the thin premise and bizarre Jim Carrey turn for long enough to focus on what was really important: the weird-ass Sonic design. The latest in an increasingly frequent number […]
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Luckin leaves bitter aftertaste, now trading below IPO price

Fri, 24 May 2019 16:06:03 +0000
In the first few days following Luckin Coffee’s initial public offering, the stock chart for LK looked like a roller coaster. Now it’s looking more like a free fall. The Chinese Coffee chain successfully completed its highly anticipated offering roughly a week ago, raising more than $550 million after pricing at $17 per share, the […]
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