Over the last five days, Tesla shareholders watched the value of their stock decline by roughly 16 percent and saw nearly $8 billion in value erased, as the company's celebrity chief executive, Elon Musk, had what amounts to a very public breakdown. However, Musk is not the only person responsible for the collapse of Tesla's stock price. As The New York Times article which precipitated the latest slide in Tesla's value on the public markets [...]
Fri, Aug 17, 2018, Continue reading at the source
Most mornings, after sifting through the night's mail haul and skimming the headlines, I make myself a cup of coffee. I use a simple pour-over cone and paper filters, and (in what is perhaps my most tedious Seattleite affectation), I grind the beans by hand. I like the manual aspect of it all. Which is why this robotic pour-over machine is to me so perverse… and so tempting. Called the Automatica, this gadget, currently raising funds [...]
Fri, Aug 17, 2018, Continue reading at the source
The Movado Group, which sells multiple brands including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. The acquisition of MVMT will provide us greater access to millennials and advances our Digital Center of Excellence initiative with the addition of a [...]
Fri, Aug 17, 2018, Continue reading at the source
Brex -- personalized with Mutiny
Mutiny, which is part of the current batch of startups at accelerator Y Combinator, helps business-to-business, software-as-a-service companies present a message that's customized to each visitor on their website. Co-founder and CEO Jaleh Rezaei said this concept is alive and well in the analog world: When she was at VMware, sales reps were given materials to help them tailor their pitch for each prospective customer. Then, when she was one of the early employees at HR [...]
Fri, Aug 17, 2018, Continue reading at the source
Twitter tried to downplay the impact deactivating its legacy APIs would have on its community and the third-party Twitter clients preferred by many power users by saying that “less than 1%” of Twitter developers were using these old APIs. Twitter is correct in its characterization of the size of this developer base, but it's overlooking millions of third-party app users in the process. According to data from Sensor Tower, six million App Store and [...]
Fri, Aug 17, 2018, Continue reading at the source
As government regulation for commercial drone usage seems to be trending in a very positive direction for the companies involved, there is an ever-growing opportunity for drone startups to utilize artificial intelligence to deliver insights without requiring much human effort. Sterblue, a French drone software startup that is launching out of Y Combinator's latest class of companies, is aiming to get off-the-shelf drones inspecting large outdoor structures up close with automated insights that identify anomalies that [...]
Fri, Aug 17, 2018, Continue reading at the source
Cryptocurrency projects can crash and burn if developers don't predict how humans will abuse their blockchains. Once a decentralized digital economy is released into the wild and the coins start to fly, it's tough to implement fixes to the smart contracts that govern them. That's why Incentivai is coming out of stealth today with its artificial intelligence simulations that test not just for security holes, but for how greedy or illogical humans can crater a [...]
Fri, Aug 17, 2018, Continue reading at the source
As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly competitive race to own stakes in the next generation of local startups with global aspirations. Over the last year, firms, including DCM Ventures, GGV Capital, Matrix Partners China and Qiming Venture Partners, have all significantly increased the targets for their new funds. If each firm hits [...]
Fri, Aug 17, 2018, Continue reading at the source
Netflix is testing video promos that play in between episodes of shows a viewer is streaming, the company confirmed to TechCrunch. The promos are full-screen videos, personalized to the user, featuring content Netflix would have otherwise suggested elsewhere in its user interface – like on a row of recommendations, for example. The promos also displace the preview information for the next episode being binged, like the title, description, and thumbnail that previously appeared on [...]
Fri, Aug 17, 2018, Continue reading at the source