September 2017

I have an SNES Classic Edition, and it rules

By | September 22nd, 2017|Technology|

Just in time for a weekend during which I had already planned to do nothing productive, a small package from Nintendo containing what will likely be its hottest item since the NES Classic Edition… which is to say, of course, the SNES Classic Edition. A full review is now underway, but I thought it worthwhile [...]

Despite all odds, Hyperloop One just raised another $85 million

By | September 22nd, 2017|Technology|

Hyperloop One, a three-year-old, L.A.-based company working to create near-supersonic trains that can whisk both passengers and cargo in giant pneumatic tubes at speeds of many hundreds of miles per hour, has raised $85 million in fresh funding, as first reported in Recode. The round, which comes from DP World, Caspian VC Partners, WTI and OurCrowd.com, [...]

Uber loses its license to operate in London

By | September 22nd, 2017|Technology|

In a huge blow to Uber in the UK London’s transport regulator has rejected its application to renew its license to operate in the city. In a statement today TfL said it has concluded that Uber is “not fit and proper to hold a private hire operator licence”. “TfL’s regulation of London’s taxi and private [...]

Walmart partners with smart lock maker August to test in-home delivery of packages and groceries

By | September 22nd, 2017|Technology|

Walmart announced today it will begin testing a new service that will allow customers with August smart home devices, like the August doorbell and security cameras, to have their packages delivered inside their home instead of left on the doorstep. This test will also include online grocery orders, which won’t just be placed inside the [...]

East Ventures closes new $30M fund to continue investing in Indonesia

By | September 21st, 2017|Technology|

East Ventures is back at it again with another new fund to invest in early-stage companies in Indonesia, Southeast Asia’s largest economy and the world’s fourth most populous country. This new $30 million fund is the firm’s sixth to date in Southeast Asia, and remarkably its second in 2017 alone. A $27.5 million fund announced [...]

Freight startup Flexport soars from “unsexy” to $800M valuation

By | September 21st, 2017|Technology|

Flexport handles the boring logistics of a trillion-dollar business: the tranport of shipping containers around the world. Because the work of freight forwarding seemed so bland, it was long ignored by the tech world. But digitizing the paper work let Flexport speed up shipping so clients keep less inventory on hand while never running out. [...]

With new funding, Tuition.io moves from student loan management to student loan repayments

By | September 21st, 2017|Technology|

Back in 2014, Tuition.io was pitching itself as a management platform for student loan repayments. Now, three years later the company has raised $7 million in new financing as it moves from loan management services to actual repayment of student loans. It’s a business model that’s already shown promise, with companies like FutureFuel.io also looking [...]

Crunch Report | Waymo Wants $2.6B for Trade Secret

By | September 21st, 2017|Technology|

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YC wants to let people invest in its startups through the blockchain

By | September 20th, 2017|Technology|

ICOs — or initial coin offerings — are emerging as a route for startups to raise money from a wide pool of investors through cryptocurrency networks. Now, one of the biggest and best-known accelerators in the world is mulling a way to use cryptocurrency networks and the blockchain to help get more people involved in [...]

HubSpot acquires chatbot builder Motion AI

By | September 20th, 2017|Technology|

HubSpot announced this morning that it has acquired chatbot startup Motion AI. Motion AI launched in 2015 and offers an editor for building chatbots that work on websites, Facebook Messenger, SMS and Slack, no coding required. Even before the acquisition, the tool was already integrated into HubSpot Free CRM. The entire Motion AI team, including [...]