Daily Crunch - John Legere is leaving T-Mobile

Monday, November 18, 2019 Posted by bloggerdaddy 0 comments
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Monday, November 18, 2019 By Anthony Ha

Happy Monday

T-Mobile will get a new CEO next year, Yahoo Japan and Line offer details about their merger and we talk to the man behind Jeff Bezos’ next lunar guidance system. Here’s your Daily Crunch for November 18, 2019.

John Legere is stepping down as CEO of T-Mobile, succeeded by deputy Mike Sievert on May 1

Sievert, who’s currently T-Mobile’s COO, will become chief executive on May 1, 2020. Legere will remain on the company’s board.

This only adds fuel to speculation that Legere will be taking over as CEO of embattled co-working company WeWork. The initial reports that Legere might be making a move prompted sources to push back and say he had no plans to leave T-Mobile, but it seems clear now that they were misinformed …

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John Legere is stepping down as CEO of T-Mobile, succeeded by deputy Mike Sievert on May 1 image

Image Credits: T-Mobile

How the fastest restaurants have evolved to make your life easier.

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Today's quickest restaurants offer customers a higher level of service thanks to the newest innovations in payments. Check out the tools they're using to make checkout an easy, flexible, and fun part of the newest customer experiences.

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Yahoo Japan and Line Corp confirm merger agreement

SoftBank and Naver, the owner of Line, will each own 50% of a new holding company that will operate Line and Z Holdings (formerly known as Yahoo Japan). By uniting, SoftBank and Naver hope that they will better position search portal Yahoo Japan, Line's messaging app and their other businesses to compete with rivals in the U.S. and China.

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The man behind Bezos' next lunar guidance system talks future tech

TechCrunch sat down with Ken Gabriel, who is regarded as the “godfather” of MEMs — miniaturized and integrated mechanical and electrical technology, which helps phones orient themselves, car airbags know when to fire and biomedical devices save lives. (Extra Crunch Membership required.)

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The man behind Bezos' next lunar guidance system talks future tech image

SmartNews raises $92M at a $1.2B valuation

Looks like there's still money to be made in news aggregation — at least according to the investors backing the news app SmartNews.

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Microsoft announces changes to cloud contract terms following EU privacy probe

Specifically, Microsoft is accepting greater data protection responsibilities. The changes to contractual terms will apply globally and to all of Microsoft’s commercial cloud customers — whether public or private sector entity, or large or small business.

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Microsoft announces changes to cloud contract terms following EU privacy probe image

Image Credits: TechCrunch

Opera's Africa fintech startup OPay gains $120M from Chinese investors

Nigeria has become the epicenter for fintech VC and expansion in Africa. And Chinese investors have made an unmistakable pivot to African tech.

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This week's TechCrunch podcasts

On the latest episode of Equity, Alex and Kate discuss a new funding round for Docker. And on Original Content, we check out Disney+ and its flagship show “The Mandalorian.”

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Daily Crunch - TikTok starts experimenting with commerce

Friday, November 15, 2019 Posted by bloggerdaddy 0 comments
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Friday, November 15, 2019 By Anthony Ha

Happy Friday

TikTok dips its toe into social commerce, Giphy still hosts toxic content and Lyft is ending scooter operations in six cities. Here’s your Daily Crunch for November 15, 2019.

TikTok tests social commerce

The short-form video app said it’s allowing some users to add links to e-commerce sites (or any other destination) to their profile, while also offering creators the ability to easily send their viewers to shopping websites.

On their own, these changes might not sound that dramatic, and parent company ByteDance characterizes them as experiments. But it could eventually lead TikTok to become a major force in commerce — and to follow the lead of Instagram, where “link in bio” has become one of the most common promotional messages.

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TikTok tests social commerce image

Image Credits: Costfoto / Barcroft Media / Getty Images

We analyzed Brex data to learn what tools eCommerce companies used most in Q3

Sponsored by Brex

Even some of the largest companies depend on an explosive fourth quarter to drive their business for the entire year, but it takes a lot of preparation. From marketing to operations, learn how eCommerce companies prepare for Q4 sales in Q3.

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Despite bans, Giphy still hosts self-harm, hate speech and child sex abuse content

A new report from Israeli online child protection startup L1ght  has uncovered a host of toxic content hiding within the popular GIF-sharing community, including illegal child abuse content, depictions of rape and other toxic imagery associated with topics like white supremacy and hate speech.

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Lyft is ceasing scooter operations in six cities and laying off 20 employees

Lyft notified employees today that it's pulling its scooters from six markets: Nashville, San Antonio, Atlanta, the Phoenix area, Dallas and Columbus. A spokesperson told us, "We're choosing to focus on the markets where we can have the biggest impact.”

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Lyft is ceasing scooter operations in six cities and laying off 20 employees image

Image Credits: Lyft

Takeaways from Nvidia's latest quarterly earnings

After yesterday’s earnings report, Wall Street seems to have barely budged on the stock price — everyone’s waiting for resolution on some of the key questions facing the company. (Extra Crunch membership required.)

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Virgin Galactic begins 'Astronaut Readiness Program' for first paying customers

The program is being run out of the global headquarters of Under Armour, Virgin Galactic’s partner for its official astronaut uniforms. The training, with instruction from Chief Astronaut Instructor Beth Moses and Chief Pilot Dave Mackay, is required for all Virgin Galactic passengers.

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Virgin Galactic begins 'Astronaut Readiness Program' for first paying customers image

Image Credits: Virgin Galactic

AWS confirms reports it will challenge JEDI contract award to Microsoft

In a statement, an Amazon spokesperson suggested that there was possible bias in the selection process: "AWS is uniquely experienced and qualified to provide the critical technology the U.S. military needs, and remains committed to supporting the DoD's modernization efforts.”

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SoftBank Vision Fund's Carolina Brochado is coming to Disrupt Berlin

At SoftBank's Vision Fund, Brochado focuses on fintech, digital health and marketplace startups. Some of her past investments with both Atomico and SoftBank include LendInvest, Gympass, Hinge Health, Ontruck and Rekki.

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Daily Crunch - John Carmack steps down at Oculus

Thursday, November 14, 2019 Posted by bloggerdaddy 0 comments
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Thursday, November 14, 2019 By Anthony Ha

Happy Thursday

Oculus CTO John Carmack is stepping down to pursue his passion for AI, 1Password raises a massive Series A and Instagram expands its test of hidden Like counts. Here’s your Daily Crunch for November 14, 2019.

John Carmack steps down at Oculus to pursue AI passion project 'before I get too old'

Legendary coder John Carmack is leaving Facebook's Oculus after six years to focus on a personal project — no less than the creation of Artificial General Intelligence, or "Strong AI." He'll remain attached to the company in a "Consulting CTO" position, but will be spending all his time working on, perhaps, the AI that finally surpasses humanity.

This follows the departure of Oculus’ founders and early executives. His plan is to pursue his research from home, "Victorian Gentleman Scientist" style, and make his kid help.

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John Carmack steps down at Oculus to pursue AI passion project 'before I get too old' image

Image Credits: Drew / Flickr under a CC BY 2.0 license.

You have the vision. We can help turn it into something real.

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Fourteen years after launching, 1Password takes a $200M Series A

1Password has been around for 14 years, and the founders grew the company the old-fashioned way — without a dime of venture capital. But when they decided to take venture help, they went all in.

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Instagram tests hiding Like counts globally

Instagram tells TechCrunch the hidden Likes test is expanding to a subset of users globally. The change could make those users more comfortable sharing what's important to them without the embarrassment of receiving a tiny number of likes.

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Instagram tests hiding Like counts globally image

Disney+ to launch in India, Southeast Asian markets next year

Disney plans to bring its on-demand video streaming service to India and some Southeast Asian markets as soon as the second half of next year, sources told TechCrunch. In India, the company plans to bring Disney+'s catalog to Hotstar, a popular video streaming service it owns.

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Apple Research app arrives on iPhone and Apple Watch with three opt-in health studies

In September, Apple announced its plans for a research app that would allow U.S. consumers to participate in health studies from their Apple devices. Users can currently opt to participate in three health studies, including a women's health study, hearing study and a heart and movement study.

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Apple Research app arrives on iPhone and Apple Watch with three opt-in health studies image

Eigen nabs $37M to help banks and others parse huge documents using natural language and 'small data'

Eigen is working primarily in the financial sector, but the plan is to use the funding to continue expanding to cover other verticals, such as insurance and healthcare — two other big areas that deal in large, wordy documentation that is often inconsistent in how it’s presented, full of essential fine print, and typically a strain on an organization’s resources to handle correctly.

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Micromobility's next big opportunities

Despite the over-saturation of the market, there are still opportunities for new players. Currently, there are two key areas that have yet to see a lot of action and are therefore ripe for disruption. (Extra Crunch membership required.)

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