September 2017

Corporate venture in Brazil gains steam as giants amp up startup investments

By | September 15th, 2017|Technology|

Anderson Thees Contributor Anderson Thees is managing director of Redpoint eventures, the Brazilian-focused arm of Redpoint. More posts by this contributor: What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil. According to [...]

US election agency seeks views on rule change for digital ad platforms

By | September 15th, 2017|Technology|

The U.S. Federal Election Commission (FEC) has voted to seek public views on whether there should be a change to the rules for political ads that extends disclaimer requirements to ads shown on digital platforms, such as Facebook and Google. At a meeting today the FEC voted to reopen public comment on the issue for [...]

Didi adds Apple Pay support across core mobility services

By | September 15th, 2017|Technology|

China’s ride-hailing giant Didi is this week adding support for Apple Pay to its core personal mobility services — including Didi Premier, Didi Express, Didi Luxe and ofo, a partner station-less bike-rental service also powered by an app. Apple Pay is the mobile payment system baked into iOS, which lets users authenticate payments with a fingerprint biometric (and soon via Face [...]

Crunch Report | The Many Faces of SpaceX Explosions

By | September 15th, 2017|Technology|

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SEC shows support for ICOs that are not obviously securities

By | September 14th, 2017|Technology|

The SEC appears to have taken very thoughtful action on two crypto projects to date. Nay-sayers are predicting the end, while proponents of crypto dismiss the actions. Here’s a quick analysis of what is actually happening. The two recent steps by the SEC were: The SEC actually issued a letter on one project — the [...]

Nestlé acquires a majority stake in Blue Bottle Coffee at a valuation north of $700M

By | September 14th, 2017|Technology|

Blue Bottle Coffee, one of Silicon Valley’s favorite coffee projects, is selling a majority stake to Nestlé in a big semi-acquisition this morning that’s no doubt going to validate a lot of interest in the potential of coffee markets. Nestlé is acquiring a 68% stake in the company, and it t looks like the leadership [...]

Watch the many explosions that led to SpaceX’s successful rocket landings

By | September 14th, 2017|Technology|

SpaceX has now managed to land a total of 16 Falcon 9 first stage orbital boosters, and it’s been a while since it lost one in the attempt. But things didn’t always go so smoothly: It took a number of failures, resulting in what are cheekily known in the industry as ‘rapid unscheduled disassembly events’ [...]

Google is reportedly releasing a localized mobile payment service in India

By | September 14th, 2017|Technology|

Google is increasing its focus on India with plans to introduce a localized digital payment service as soon as next week, according to a report from India-based news site The Ken. The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google [...]

Security researchers find gross deficiencies on Equifax Argentina site

By | September 13th, 2017|Technology|

As we close in on a week since Equifax announced the massive hack that could potentially have exposed the financial information of 143 million consumers in the U.S., we have been left with many questions. How could a firm entrusted with our most sensitive financial data allow this to happen? Well, security researcher, Brian Krebs (who [...]

Apttus scores $55M as it closes in on an IPO

By | September 13th, 2017|Technology|

Apttus, the unicorn quote-to-cash vendor built on the Salesforce platform, announced a $55 million round, which is likely its final private investment on the way to an IPO. While CEO Kirk Krappe wouldn’t definitively confirm the company was going public, he did say that today’s round was about gaining the confidence of future investors. “We [...]