Rover’s epic raise, Uber’s Q1 results, and a trio of IPOs

Fri, 25 May 2018 13:10:53 +0000
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was fun for a few reasons. First, it was our own Connie Loizos’s first time leading, and it was our very first regular episode that included us recording remotely. I mention that as Matthew Lynley and I […]
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Eric Schmidt says Elon Musk is ‘exactly wrong’ about AI

Fri, 25 May 2018 13:02:08 +0000
When former Google CEO Eric Schmidt was asked about Elon Musk’s warnings about AI, he had a succinct answer: “I think Elon is exactly wrong.” “He doesn’t understand the benefits that this technology will provide to making every human being smarter,” Schmidt said. “The fact of the matter is that AI and machine learning are […]
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Facebook, Google face first GDPR complaints over “forced consent”

Fri, 25 May 2018 08:51:37 +0000
After two years coming down the pipe at tech giants, Europe’s new privacy framework, the General Data Protection Regulation (GDPR), is now being applied — and long time Facebook privacy critic, Max Schrems, has wasted no time in filing four complaints relating to (certain) companies’ ‘take it or leave it’ stance when it comes to consent. […]
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Dot lets you invest in property without the hassle of a traditional mortgage

Fri, 25 May 2018 08:00:48 +0000
Dot, a new U.K. startup de-cloaking today, aims to make it easy to invest in property without the hassle of taking out a traditional ‘buy to let’ mortgage. The company is founded by Gray Stern, who previously co-founded London-based Buy to Let mortgage lender Landbay, and so knows at least a thing or two about […]
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Take a look at your Twitter timeline 10 years ago

Fri, 25 May 2018 05:25:47 +0000
Here’s a fun thing for a Friday: go back and see what your Twitter timeline looked like 10 years ago. Twitter has pretty powerful search settings, but Andy Baio — of Kickstarter fame and more — did the heavy-lifting for us all by sharing a link that let’s you look at your timeline exactly a decade […]
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Lime, Bird and Spin have to temporarily remove scooters from SF

Fri, 25 May 2018 04:12:48 +0000
The San Francisco Municipal Transportation Agency has officially made available its permit application for electric scooters to operate in the city as part of a one-year pilot program. Part of that means companies like Bird, Lime and Spin will need to at least temporarily remove their scooters from city sidewalks while their applications are being […]
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Jury finds Samsung owes Apple $539M in patent case stretching back to 2011

Thu, 24 May 2018 23:35:17 +0000
A patent case that began back in 2011 has reached a conclusion, with Samsung ordered to pay about $539 million to Apple over infringements of the latter's patents in devices that are now long gone. The case has dragged on for years as both sides argued about the finer points of how much was owed per device, what could be deducted, and so on. It's been eye-wateringly boring, but at least it's over now. Maybe.
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Snapchat launches less creepy Send and Request Location features

Thu, 24 May 2018 23:04:40 +0000
Snapchat is taking another shot at location after its always-on coordinate-broadcasting Snap Map proved a bit invasive for some users. Snapchat now lets you send your ongoing real-time location to a friend, or request theirs, which show up on the Snap Map and within your message thread. Essentially, this is location sharing built for the […]
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Andy Rubin’s Essential is reportedly up for sale and has cancelled work on its next smartphone

Thu, 24 May 2018 22:23:04 +0000
Essential, the smartphone company helmed by Android co-creator Andy Rubin, is trying to sell itself and has cancelled development of its next phone, Bloomberg reports. The report states that Essential has hired Credit Suisse Group AG to advise them on potentially selling itself. The company raised $330 million from investors, including Rubin’s own Playground Global, […]
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OpenStack in transition

Thu, 24 May 2018 21:42:35 +0000
OpenStack is one of the most important and complex open-source projects you’ve never heard of. It’s a set of tools that allows large enterprises ranging from Comcast and PayPal to stock exchanges and telecom providers to run their own AWS-like cloud services inside their data centers. Only a few years ago, there was a lot of […]
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GOAT launches electric scooters in Austin

Thu, 24 May 2018 20:44:06 +0000
Dockless electric scooter company GOAT has launched in Austin after receiving official permits from the city’s transportation department for its pilot program. Unlike what’s happened in San Francisco with startups Bird, Lime and Spin, GOAT says it wants to work in tandem with city officials in Austin. GOAT is currently bootstrapped, but says it plans […]
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Netflix magic market number larger than big cable company’s magic market number

Thu, 24 May 2018 20:10:08 +0000
Netflix’s market cap is now larger than Comcast, which is pretty much just a symbolic thing given that the companies are valued very differently but is like one of those moments where Apple was larger than Exxon and may be some kind of watershed moment for technology. Or not. A couple notes on this largely […]
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