Editor’s Note: Shortened week Due to the U.S. Independence Day holiday this week on July 4th, Extra Crunch will not be publishing our normal editorial on Thursday and Friday of this week, nor will we send out this EC Roundup newsletter on Saturday. Normal publishing will resume starting next week on Monday. Conference Call Today…
The firm e.ventures, a 20-year-old, early-stage venture outfit that has historically invested out of dedicated funds in numerous geographies, including the U.S., Russia, Germany, Asia and Brazil, has raised $400 million in fresh capital across two new funds: a $225 million U.S.-focused fund that’s based in San Francisco, and a $175 million fund that’s focused…
Boeing has said it will offer $100 million to the families and communities of those who died aboard the two 737 Max passenger jets that crashed earlier this year. This “initial outreach” will likely only be a small part of the company’s penance for the mistakes that led to the deaths of 346 people. In…
When you think of old, giant mainframes that sit in the basement of a giant corporation, still doing the same work they did 30 years ago, chances are you’re thinking about a financial institution. It’s the financial enterprises, though, that are often leading the charge in bringing new technologies and software development practices to their…
Amazon has responded to a letter of inquiring it received from U.S. Senator Chris Coons (D-DE) which asks the company to detail what happens to customers’ Alexa voice records and data after they speak to their virtual assistant. The Senator’s letter was prompted by a CNET investigation in May, which found that Amazon keeps voice…
The Porsche Taycan electric car has indentations in its battery pack called foot garages. They’re designed to move rear-seat passengers closer to the floor in order to lower the car’s center of gravity.
Shiv has over 8 years experience working on Internet of Things and an avid user of Drones
SoftBank Vision Fund has single-handedly changed the game when it comes to tech startup investment. And that’s why I’m excited to announce that SoftBank Vision Fund partner David Thevenon is joining us at TechCrunch Disrupt Berlin. Thevenon spent most of his career working for Google on international and strategic partnerships, especially in Latin America, Asia,…
In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform Weibo (in Chinese) that it’s added beauty filters to its pay-with-face system…
Space tech startup NSLComm is gearing up to put its first satellite into orbit, aboard a Russian Soyuz rocket launching this Friday at 1:42 AM ET. Not only is the launch a first for the company, but it’s also the first deployment of a new kind of satellite technology, and expandable antenna solution created by…
MyHelsinki is a first stab at intermediating Chinese tourism dollars When people travel, they usually have a list of apps installed to navigate a new city, find restaurants, book transit tickets and more. China’s top chat app WeChat has designs on claiming that spot with a new strategy that lumps all these functions into a…
