Skip to main content

Posts

Showing posts from March, 2022

Deck.blue brings a TweetDeck experience to Bluesky users

With over 3 million users and plans to open up more broadly in the months ahead, Bluesky is still establishing itself as an alternative to Twitter/X. However, that hasn’t stopped the developer community from embracing the project and building tools to meet the needs of those fleeing the now Elon Musk-owned social network, formerly known […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/TBbEAPF

Behold the robo-berry

If you’ve never picked a raspberry, well, first of all that’s too bad, because a fresh raspberry is a beautiful thing. But second, and more immediately relevant in this case, you would not know that there is a technique to it that, surprisingly, robots aren’t super good at because they tend to be… crushy. But this robo-berry designed by Swiss researchers could usher in a new era of gentle, automated robo-pickers. The secret to picking a raspberry is to grip it just enough to get purchase and then pull it downwards off the little stem, apparently called the “receptacle,” which seems backwards. Seems simple — and it is, but only our hands are among the most sensitive and finely controlled constructions in the universe, the culmination of a hundred million years of evolution, outdone only by (I suspect) raccoons. Robots simply don’t have the senses necessary to figure out the perfect technique for picking a berry. But what if it could communicate with the berry to better sense the forc

Co-founders of Ukrainian startup Delfast discuss navigating through a crisis

The COVID-19 pandemic taught the world how to work from home, but Russia’s war in Ukraine has taught the employees at Delfast, a Ukrainian e-bike startup, how to work from bomb shelters, while on the move and under threat of violence.  The usual priorities of a startup – securing venture funding, researching and developing new products, finding product-market fit – haven’t exactly been put on hold, but they are now much lower on Delfast’s to-do list. Since Russian troops invaded Ukraine in late February, Delfast’s top priority has been to see its Ukrainian team of 30 safely evacuated from the most dangerous parts of the country.  When not focusing on sales, marketing, R&D and customer support, Delfast’s smaller team of seven employees based in Los Angeles has been pleading with U.S. politicians and the European Commission to supply Ukraine with anti-aircraft missiles and fighter jets that could help Ukraine gain back some control over its air space, and, hopefully, put a stop to

Goldman Sachs’ OTC Bitcoin options trade ‘doesn’t mean much,’ but can pave way for more institutional involvement

Goldman Sachs is no stranger to testing the waters with crypto, with institutional clients looking for more exposure in the space. Last week, Goldman was the first major U.S. bank to execute an over-the-counter crypto options trade with Galaxy Digital, which some market players say is foreshadowing more institutional adoption of digital assets. “Crypto markets need large, credible and credit-worthy counterparties to grow the space further,” a source who works with digital assets at a major investment bank told TechCrunch. “Goldman and other Wall Street banks will bring that eventually.” The 153-year-old firm is headquartered in New York City with offices globally and has $2.47 trillion assets under supervision. Galaxy Digital’s trading unit facilitated and executed the transaction with the investment bank in the form of a Bitcoin non-deliverable option. This means that the firm isn’t directly engaging or holding the underlying crypto, but taking an option with a payoff that’s set

Microsoft acquires process mining vendor Minit to grow its automation offerings

Signaling its ambitions in the process automation market, Microsoft has acquired Minit , a Bratislava, Slovakia-originated process mining technology vendor, for an undisclosed sum, the companies announced today. Microsoft says that the purchase will “further empower” it to “help … customers digitally transform” by creating a more complete picture of their processes — and identifying which of those processes are ripe for automation. “Minit currently enables businesses to transform the way they analyze, monitor and optimize their processes. Minit’s solutions have helped businesses gain deep insights into how processes run, uncover root causes of operational challenges and help mitigate undesired process outcomes,” Justin Graham, Microsoft’s general manager of process insights, wrote in a post on Microsoft’s corporate blog. “[With Minit, our] customers will be able to better understand their process data, uncover what operations look like in reality, and drive process standardization an

All eyes are on Swvl as it starts trading on a SPAC combination

Mass transit and shared mobility provider Swvl went public today in a landmark moment for Egyptian and Middle Eastern tech ecosystems . It’s also a test for the company going public despite a market that’s been unfriendly toward combinations with special purpose acquisition companies, or SPACs, of late.  The Egypt-born and Dubai-based company has listed its shares at $10 on the Nasdaq through a merger with U.S. women-led blank check company Queen’s Gambit Growth Capital. The planned merger, which will see Swvl offer 20-30% of its total shares, was announced last July . Following closing, the combined company, now “Swvl Holding Corp,” will trade under GMBT and GMBTW today before switching to SWVL and SWVLW on April 1. Swvl is the first company launched from Africa and the second Middle Eastern company to list on the Nasdaq via a SPAC merger . Anghami, an Abu Dhabi-based music streaming platform, did so last February when it listed with Vistas Media Acquisition at a $220 million v

Hiveminded

Earlier this week, a video surfaced of a robot dog walking down the streets of Shanghai with a bullhorn strapped on its back. There are those who will, no doubt, view it as a kind of apocalyptic vision. I’d be lying if the thought hadn’t crossed my mind. It’s a strange thing, living through history and imagining yourself traveling back in time as recently as 2019 and attempting to describe the scene. A quadrupedal robot bounding along down empty streets in a city with a population topping 26 million. The voice emerging from its back is warning citizens to stay inside, as China begins its largest lockdown in two years, as the country is seeing another spike in the ongoing pandemic. The less cynical part of me (it exists! really!) sees a fascinating little microcosm. We can debate lockdown measures (and certainly China’s specific approach to them) another day. But the image of a robot doing a job designed to curb the spread of the virus’s transmission distills a lot of what I’ve been

Legendary hackers Charlie Miller and Chris Valasek talk cybersecurity and autonomous vehicles at TC Sessions: Mobility 2022

Security researchers Charlie Miller and Chris Valasek shook the automotive industry in 2015 by remotely hacking a Jeep Cherokee driven by Wired reporter , and willing participant, Andy Greenberg. The notorious hack caused Fiat Chrysler, Jeep’s parent company, to recall 1.4 million vehicles and pay $105 million in fines to the National Highway Traffic and Safety Administration. The warning might have been a wake-up call to the industry, but it didn’t slow the rise of the connected car.  Today, the “connected car” is commonplace and delivers a long list of services to the driver and passengers, from internet connectivity and vehicle monitoring to safety warnings and the ability to buy goods and services while on the go. And it has crept beyond the passenger vehicle into the emerging autonomous vehicle industry, too.  Perhaps it’s not surprising then that automotive cyberattacks have grown in frequency — up more than 225% in 2021 , compared to 2018. It’s a trend that has caused

YouTube may be getting a dedicated podcasts homepage

There were already several hints that YouTube was getting more serious about podcasts, after reports indicated the company hired a podcast executive , Kai Chuk, to lead its efforts in the space and had even begun offering cash to popular podcasters to film their shows. Now, a leaked document has unveiled more about YouTube’s plans in this area, pointing to a future podcasts homepage on YouTube.com and other monetization features. The details were published by Podnews , which recently got its hands on an 84-page presentation where YouTube described its podcasts roadmap. Here, the company says it will improve podcast ingestion by piloting the ability to pull in podcast RSS feeds. It also noted it plans to centralize podcasts on a new homepage at YouTube.com/podcasts. The URL doesn’t yet work; but it also doesn’t automatically redirect to the YouTube homepage — which is what it does if you put other random words after the slash. Not surprisingly, Google sees podcasts as a way to expand

Why Nigeria leads the way in YC’s participation in Africa

It’s not a coincidence that TechCrunch has covered more African startups in the last year than any period in our history. Many of those companies are Nigerian, and when we look at venture capital data, we can see why. The country had an incredible 2021 as the most active venture capital scene in Africa, collecting more than $1.8 billion, or 34% of the $5 billion raised across the continent, according to Partech , a pan-African VC firm that also tracks investments. The country has posted steady progress in the last three years as the leading African startup market. In 2019, startups based in Nigeria attracted $747 million, or 37% of Africa’s total VC investment. Those numbers decreased to $307 million, or 21% of the continent’s total, the following year, though 2020 was a venture capital year much impacted by outside forces. YC W22 batch nets 24 African startups, including 18 from Nigeria Thanks in part to a global boom in venture capital activity last year, Nigeria became the f

Are plastic bag bans backfiring?

Plastic bags are bad. Ban them from supermarkets, and the problem is solved, right? Right? Right? Turns out, as is often the case, there may be a little bit more to that story. Researchers at the University of Georgia suggest that banning the sale of plastic bags may come with a side-dish of unintended consequences. The new analysis suggests that plastic bag ban policies — while well-intentioned — may end up having the opposite effect. The issue that comes up is that grocery bags are viewed as single-use items, but they often get a (brief) second lease on life as liners for small trash cans. Without the shopping bags available, people look for alternatives — which the researchers suggest means they buy small plastic garbage bags. “We know there is a demand for using plastic bags, and we know, if these policies go into effect, some bags will disappear or will become more costly to get,” said Yu-Kai Huang, a postdoctoral researcher at the UGA Warnell School of Forestry and Natural Res

Quantum Machines acquires QDevil to build out its full-stack quantum orchestration platform

Quantum Machines , the well-funded Israeli startup that specializes in building control systems for quantum computers, today announced that it has acquired QDevil , a well-known Danish company that specializes in building control hardware for quantum systems. The two companies did not disclose the financial details of the transaction and, according to Crunchbase , the company only raised about €1 million, mostly in the form of grants. But it has become a significant player in the market and counts many of the established quantum computing research institutes and commercial entities as its customers. Quantum Machines founder and CEO Itamar Sivan told me he first met the QDevil team in person at the last in-person APS March meeting back in 2019 and the companies continued to talk over the course of the next few years. “At some point, we realized that it would be highly impactful to join forces, because their products are actually complementary to ours. And therefore, we can now provid

This startup’s novel tech promises to boost battery capacity for EVs

Five years ago, Jonathan Tan and Roger Basu were on the hunt to find an industry where they could take their expertise in thin-film technology and make the biggest and fastest impact possible. They chose batteries — or more specifically, battery degradation and lifespan. It wasn’t — and still isn’t — an industry lacking in investment, research or companies claiming to have struck battery breakthrough gold. But the pair contend they have zagged where everyone else has zigged. Tan and Basu, who co-founded California-based startup Coreshell in 2017, said they steered clear of trying to develop a new battery from scratch, an expensive and lengthy undertaking that numerous companies were already working on. Instead, they focused their efforts on nanolayer coating technology that can be added to a battery cell manufacturer’s existing production system. This coating increases usable battery capacity by 30% or more and increases heat tolerance by 200%, all while lowering costs and improvin

Apple and Major League Baseball to livestream 12 weeks of Friday night games for free

Earlier this month, Apple announced its first live sports deal with Major League Baseball to bring a number of games and other MLB content to the Apple TV+ service for the 2022 season. Today, Apple unveiled the first 12 weeks of its “ Friday Night Baseball ” doubleheader schedule, which it now says will be freely available to anyone with internet access — without the need for an Apple TV+ subscription. Previously, Apple had hinted some of its Friday Night games would be available for free for a “limited time,” but didn’t detail how many. The offering could entice more users to try out Apple TV+ before committing to a subscription. Apple confirmed to TechCrunch consumers won’t need to sign up for a TV+ subscription, nor a free trial, in order to stream the games for free. Apple says the first half of its “Friday Night Baseball” schedule is set to premiere on April 8. The first game in the schedule will see the New York Mets facing off against the Washington Nationals, live from Natio

A look at all 35 international fintech startups at YC’s winter 2022 Demo Day

As more banking, e-commerce and insurance startups work to improve the way business is done in emerging countries, it should come as no surprise that this winter’s Y Combinator batch is rife with related efforts. There are 35 companies this year, just over double the amount in the 2021 winter batch and up from 18 in the summer program, according to the organization’s directory. What you’ll notice about this year’s cohort is the prevalence of companies from Nigeria, Indonesia and Argentina, all areas that have seen an abundance of venture capital funding into fintech in recent years, though nearly every country at this point is attracting investor interest. Indeed, according to CB Insights, global fintech funding reached a record $132 billion in 2021, more than two times the amount related companies raised in 2020 and accounting for a whopping 21% of all venture dollars. Herewith, the startups, with some of our quick thoughts about the broader problem each is trying to solve. Aigis

Popular posts from this blog

New month, new crypto market moves?

To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here . Welcome back to Chain Reaction. Seems like just yesterday we were ringing in the New Year, but we’ve coasted into February and all seems to be somewhat relaxed (for once) in the crypto world. Last month was filled with crypto companies laying off staff , developments around the existing and new Chapter 11 bankruptcies in the space, partnerships and conversations about potential recovery in 2023. Even with a range of bad news flooding the industry, some cryptocurrencies had a bull run in January, amid the market turmoil. Bitcoin rallied 40% on the month, while ether rose about 32% during the same period. Solana also saw serious recovery, from about $10 in the beginning of the year, near its lowest level since February 2021, up 146% to about $24.3 by the end of January, CoinMarketCap data showed. These market movements could pot

Metaverse app BUD raises another $37M, plans to launch NFTs

BUD , a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told TechCrunch that it has closed $36.8 million in a Series B round led by Sequoia Capital India, not long after it secured a Series A extension in February . The new infusion brings BUD’s total financing to over $60 million. As with BUD’s previous rounds, this round of raise attracted a handful of prominent China-focused investors — ClearVue Partners, NetEase and Northern Light Venture Capital. Its existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round. Founded by two former Snap engineers Risa Feng and Shawn Lin in 2019, BUD lets users create bulbous 3D characters, cutesy virtual assets and richly colored experiences through drag-and-drop and without any coding background. The company declined to reveal its active user size but said its use

Can Arbitrum’s recently formed DAO recover from its messy week?

The TechCrunch Podcast Network has been nominated for two Webbys in the Best Technology Podcast category. You can help TechCrunch win by voting for Chain Reaction , which digs into the wild world of crypto, or Found , which brings you the stories behind the startups by sitting down with the founders themselves. Please take a few moments to vote here . Voting closes April 20. (NB I host Chain Reaction, so vote for my show!) Welcome back to Chain Reaction. This week was pretty bearable as a crypto reporter covering this space. There was less crazy news transpiring, compared to previous weeks (where we saw a number of U.S. government crackdowns on major crypto companies like Binance and Coinbase ). Still, it’s never a dull week in the crypto world. In late March, Arbitrum, an Ethereum scaling solution, transitioned into a decentralized autonomous organization (DAO), after airdropping community members its new token, ARB. DAOs are meant to operate with no central authority and token h