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Transit, a company that built a mobile app designed to help people in cities live without cars, has raised $17.5 million from two automakers in a Series B round. The round was led by RenaultNissan-Mitsubishi’s joint investment arm Alliance Ventures. InMotion Ventures, Jaguar Land Rover’s venture capital fund, also joined the round, as well as two past
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Language learning company Reverso is launching a new product on the web and mobile. Reverso Synonyms is a thesaurus service that lets you learn new words and improve your vocabulary. You may have found this feature in the main Reverso translation app already. If you translate a word or a group of words, there’s a
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Vint Cerf Contributor Vinton Gray Cerf, a co-founder of i4j — innovation for jobs, is widely hailed as one of “the fathers of the Internet”. Cerf was a manager for the United States’ Defense Advanced Research Projects Agency (DARPA) funding groups to develop TCP/IP technology and currently serves as the Chief Evangelist of the Internet
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Facebook is again looking to whip Oculus into shape for its 10-year journey towards making virtual reality mainstream. According to two sources, Facebook reorganized its AR and VR team this week from a divisional structure focused around products to a functional structure focused around technology areas of expertise. While no one was laid off, the
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General Motors said it plans to bring two new electric bikes to market next year — one folding and one compact — as the automaker makes a broader push into electrification and other ideas that try to move beyond its traditional business model of producing and selling gas-power vehicles. The automaker didn’t have a lot
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China’s search engine giant Baidu is continuing its partnership spree for Apollo, its open development platform for autonomous driving, after it inked a deal with Swedish automaker Volvo to develop level four self-driving passenger cars. “Autonomous driving has been our dream, but it’s coming true,” said Li Zhenyu, vice president and general manager of Baidu’s
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Apple’s ideal display size is everywhere and everything Lucas Matney 7 hours Everything is already big. The iPhone SE died. The iPad Mini was last upgraded in 2015. The 11-inch MacBook Air died years ago. The smaller Series 4 Apple Watch has a bigger display than the larger Series 3 Apple Watch. Apple’s smallest devices
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iHeartMedia announced today that its streaming radio app iHeartRadio is coming to Mexico. In fact, a beta version of the app is already live, with plans for an official launch on November 3. As part of this launch, the company is partnering with Mexican broadcaster Grupo ACIR, which owns the Amor, Mix and La Comadre
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At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s $26.2 billion acquisition of LinkedIn, this is the biggest software acquisition in history. It’s not the biggest tech acquisition
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Chinese startups rule the roost when it comes to total reported venture dollars raised so far in 2018. That is, mostly. In one key category at least — software-as-a-service, better known as SaaS — they do not. Ant Financial raised the largest-ever VC round in June, a mind-boggling $14 billion in Series C funding. And nearly a dozen
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There’s some turmoil brewing over at Miami-based facial recognition startup Kairos. Late last month, New World Angels President and Kairos board chairperson Steve O’Hara sent a letter to Kairos founder Brian Brackeen notifying him of his termination from the role of chief executive officer. The termination letter cited willful misconduct as the cause for Brackeen’s
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At least two Twitter accounts linked to the man suspected of sending explosive devices to more than a dozen prominent Democrats were suspended on Friday afternoon. Facebook moved fairly quickly to suspend Sayoc’s account on the platform, though two Twitter accounts that appeared to belong to Sayoc remained online and accessible until around 2:30 p.m.
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WhatsApp is finally adding stickers to its hugely popular messaging app. The company said today that support for stickers will roll out to Android and iOS users over “the coming weeks.” Initially, the app’s 1.5 billion users will have a seemingly limited selection with the first packs provided by WhatsApp’s own design team and some “other
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SoftBank Group has become the latest high profile technology business to drop out of an investment conference in Saudi Arabia following the snowballing global outcry over the killing of journalist, Jamal Khashoggi. The Wall Street Journal reports the last minute cancelation by CEO Masayoshi Son of a speaking engagement at the Future Investment Initiative conference which opens in
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An explosive report in The New York Times this weekend sheds new light on the apparent targeting of Twitter accounts by “state-sponsored actors” three years ago. It comes in the wake of the confirmed death of Washington Post journalist Jamal Khashoggi on Friday, two weeks after he disappeared in the Saudi consulate in Istanbul. Khashoggi
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Startup funding hasn’t changed much in the past decade. Funderbeam is an interesting company trying to turn everything upside down using a marketplace approach, a modern syndication system and a blockchain-based platform. I’m excited to announce that Funderbeam founder and CEO Kaidi Ruusalepp will come to TechCrunch Disrupt Berlin. The first boom of venture capital
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After wrestling with the development of a technology that would create a three dimensional map of the physical world for over a decade, the team at 6D.ai is finally ready to open up its toolkit to developers that the company says has done exactly that. When company chief executive Matt Miesnieks announced the launch of