Apple this week took the fairly unprecedented step of announcing that it was going back to the drawing board to re-envision the Mac Pro. The company invited a handful of editors in to its inner sanctum including our own Matthew Panzarino to discuss its plans, moving forward. Meantime, however, the company is giving the existing Mac Pro a performance boost as it works on building a… Read More
Resolute Ventures just closed its third fund with $65 million. It’s a sizable step up from its first two funds, which closed with $47 million and $45 million, respectively. The five-year-old firm, with offices in San Francisco and Boston, is run by just two general partners: Mike Hirschland, who spent 17 years with Polaris Partners before founding Resolute, and Ranaan Bar-Cohen,… Read More
Tim Berners-Lee, the man credited with inventing the world wide web, has been honored with the 2016 Turing Award. The award, which is often referred to as the Nobel Prize for the computing industry, is present annually by the Association for Computing Machinery (ACM) to an individual who made “major contributions of lasting importance to computing.” It is named in honor of… Read More
“If we’ve had a pause in upgrades and updates, we’re sorry for that — what happened with the Mac Pro — and we’re going to come out with something great to replace it.” Apple Senior Vice President of Worldwide Marketing Phil Schiller is talking to a small group of reporters in a white stucco building near its headquarters in Cupertino. The purpose of… Read More
Glassdoor wants to help companies put their money where their mouths are. Today, Glassdoor released a five-step guide to address the gender wage gap at any company. Before it gets into how to solve the gender pay gap, Glassdoor first defines the gender wage gap as “the difference between average pay for men and women, both before and after we’ve accounted for differences among… Read More
Azimo, the U.K. money transfer startup backed by Rakuten, is rolling out a neat new feature that makes it a lot easier to send money through the app and should add additional network effects to help the London-based fintech company grow. Specifically, the new functionality enables Azimo users to request, send and receive cash internationally using a mobile phone number. The new feature is… Read More
Researchers at the University of Manchester have come up with a method for controlling the permeation of graphene oxide membranes — enabling the nanomaterial to act as a sieve to desalinate seawater. Read More
Find-a-doctor app Amino has raised $25 million in a Series C round of venture funding, according to CEO and co-founder David Vivero. Highland Capital led the investment joined by Accel, Aspect Ventures, CRV, Northwestern Mutual Future Ventures, and Pilot Wall Group. A ZocDoc competitor, Amino gives users the ability to search for doctors who are most experienced in treating their… Read More
Look out, startups. The big guns are taking on autonomous driving with serious intent. Daimler, one of the largest vehicle manufacturers in the world, announced that it is partnering with Bosch, one of the largest automotive tech and hardware suppliers in the world, to bring fully autonomous vehicles to urban roads “by the start of the next decade.” It’s already 2017, so… Read More
Salesforce has spent about $3 million in the last year to adjust compensation and bonuses for eleven percent of its employees, bringing the total spent on closing the wage gap to about $6 million since 2015. The adjustments went into effect at the beginning of the month. Salesforce employs more than 25,000 people worldwide. Of the eleven percent of employees affected (~2,750), 68% were women… Read More
Data Collective (DCVC) is bringing Dr. John Cumbers, the founder of synthetic biology platform SynBioBeta and setting him up with his own biotech fund for pre-seed and seed stage startups, aptly called the DCVC SynBioBeta Fund. DCVC co-managing partner Matt Ocko, who spoke to TechCrunch about the new development didn’t have an exact number set aside for the new fund but did mention… Read More
WhatsApp may be about to introduce peer-to-peer payments in India, its largest market with over 200 million users. A report from The Ken, an India-based subscription media company that we recently profiled, claims that WhatsApp plans to use UPI, a cross-bank payment system backed by the government, to begin enable payments between users within the next six months. “India is an… Read More
Sometimes you just look at a photo and think “that would make the perfect header for a millennial-run online store for artisanal, handcrafted goods.” That’s true for basically every photo I could find at Shopify’s new Burst stock photo site, which offers all images it contains completely royalty-free, under the Creative Commons Zero license, which means you can basically… Read More
If you were on the internet in a certain era, you remember McAfee. It was the defensive line between you and the rest of the internet, reminding you with incessant popups that you were not hacked, not quite yet, but only if you renewed your subscription right away. Then Intel bought the firewall company in 2010 for an eye-popping $7.68 billion and billed it as Intel Security, and the name… Read More
Redfoo, formerly from LMFAO, joins us on the show to talk tech, Product Hunt launches Ask Product Hunt, Tesla is now worth more than Ford and Apple is dumping Imagination Technologies because they no longer wish to use their IP. All this on Crunch Report. Read More
Sonos makes some of the best whole-home wireless audio gear I’ve used, bar none. I’ve tried Bluetooth and Zigbee models, wired and unwired gear, and nothing comes close to Sonos’ ease-of-use and reliability. It is, in short, the Jobs-era Apple of consumer audio – everything just works and if it doesn’t Sonos will have a fix eventually. So it comes as no surprise… Read More
Blackstorm Labs, a startup that’s working to build technology that brings developers tools to get out games and apps more quickly through HTML5, today said it is working with Rakuten to build a new entity called R Games that will serve as a hub for games in Japan and Asia. Blackstorm Labs has been working with Rakuten for some time on the project, which was rumored last November, but it… Read More
TL;DR: Cloudera’s recent IPO filing shows a company with steep losses and rapid revenue growth. Today we’ll examine Cloudera’s finances and where it fits into the current IPO universe. Why do we care? The Cloudera IPO could impact a host of other forthcoming debuts from companies that are also running in the red. Read More
Corporate identities! We love ’em. But boy is it hard to come up with good ones. Sounds like we decided to go with “Oath: A Verizon Company.” We already have a post, but I just did a focus group with myself and this is what I discovered. Read More
