MIT researchers are working on AI-based knitting design software that will let anyone, even novices, make their own clothes – TechCrunch

The growing popularity of 3D printing machines and companies like Thingiverse and Shapeways have given previously unimaginable powers to makers, enabling them to create everything from cosplay accessories to replacement parts. But even though 3D printing has created a new world of customized objects, most of us are still buying clothes off the rack. Now…

Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten – TechCrunch

Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet giant Rakuten . Other investors in the round, which brings Fever’s total raised to $70 million, included Atresmedia, Accel and Michael Zeisser, the former chairman…

Series A(ggregate) – TechCrunch

We spend a lot of time around here covering the latest startup fundraises, and for good reason. While capital is certainly an input and not an output, there is nothing quite like the closing of a round of several million in venture capital to prove that yes, the startup I’m working on is at least…

The 5 Biggest Data Hacks of All Time

Data breaches and hacks hit us at an alarming pace if you follow the news. We’re reminded almost daily of just how fragile our internet-based financial and commercial infrastructure is. 7 percent, or about $1.35 trillion, of US GDP is generated digitally makes cracking (i.e. criminal hacking) large companies an alluring activity for online criminals.…

India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M – TechCrunch

Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and consumers, for 2.95 billion Indian rupees ($42.33 million), the two said in a brief statement late Saturday. Fynd, which was founded in 2012, helps offline retailers sell their products to consumers…

On the Amazon panopticon – TechCrunch

Last year, “Amazon employees met with ICE officials … to market the company’s facial recognition technology,” the ACLU informs us. Amazon VP Brad Huseman later said “We believe the government should have the best available technology.” Then, last month, Motherboard revealed Amazon has partnered with police departments around the country to create “a self-perpetuating surveillance…