News

  • Elon Musk says ’embarrassingly late’ two-factor is coming to Tesla app
    by Kirsten Korosec on August 15, 2020 at 12:11 am

    Tesla CEO Elon Musk acknowledged Friday that the company was ‘embarrassingly late’ rolling out a security layer known as two-factor authentication for its mobile app. “Sorry, this is embarrassingly late. Two factor authentication via sms or authenticator app is going through final validation right now,” Musk wrote Friday in response to a question from a […]

  • Clearview AI landed a new facial recognition contract with ICE
    by Taylor Hatmaker on August 14, 2020 at 10:34 pm

    The controversial facial recognition software maker Clearview AI has a new contract with ICE, the most controversial U.S. government agency. Clearview was already known to work with the branch of Homeland Security fiercely criticized for implementing the Trump administration’s harsh immigration policies. The new contract makes it clear that relationship is ongoing — and that […]

  • Birmingham-based Help Lightning raises $8 million for its remote training and support tools
    by Jonathan Shieber on August 14, 2020 at 10:14 pm

    In the four years since Help Lightning first began pitching its services out of its Birmingham, Ala. headquarters, the company has managed to sign up 100 customers including some large Fortune 500 companies like Cox Communications, Siemens, and Boston Scientific. Now, with an additional $8 million in financing from Resolve Growth Partners, the company is […]

  • Extra Crunch Live: Join Anu Duggal for a live Q&A on August 20 at 11am PT/2pm ET
    by Natasha Mascarenhas on August 14, 2020 at 10:14 pm

    Rent the Runway and Glossier became unicorns within the same week in June 2019. That same year, only 2.7% of venture capital dollars went toward female-founded companies. Silicon Valley’s disconnect between the monetary success of female-founded companies and funding them in the first place is disheartening. The conversation is there, but the dollar sign momentum […]

  • Facebook’s former PR chief explains why no one is paying attention to your startup
    by Lucas Matney on August 14, 2020 at 9:46 pm

    At TechCrunch Early Stage, I spoke with Coatue Management GP Caryn Marooney about startup branding and how founders can get people to pay attention to what they’re building. Marooney recently made the jump into venture capital; previously she was co-founder and CEO of The Outcast Agency, one of Silicon Valley’s best-regarded public relations firms, which […]

  • Sequoia Capital has internal crash courses for its founders — here’s how they work
    by Connie Loizos on August 14, 2020 at 9:44 pm

    No matter what you think of Sequoia Capital, the firm doesn’t rest on its laurels. Though it’s now managing ungodly amounts of money and has for decades been considered among the top venture firms in the world, it routinely finds new ways to stay relevant and to ensure that it gets a first look at […]

  • Thoughts on ‘self-driving money,’ day trading and product development from Wealthfront’s Andy Rachleff
    by Danny Crichton on August 14, 2020 at 8:43 pm

    Andy Rachleff founded Wealthfront a decade ago to give investors a better and smarter way to manage their wealth, building on core academic research showing that a carefully balanced portfolio of low-fee ETFs outperformed more aggressive strategies. Since then, the company has taken in billions of dollars of invested capital under management and expanded into […]

  • Facebook pushes back against Apple’s App Store fees
    by Anthony Ha on August 14, 2020 at 8:08 pm

    Facebook joined the growing ranks of companies publicly complaining about the 30% fee that Apple collects on payments made through its App Store. Those complaints came midway through a blog post about the social network’s new feature supporting paid online events. Facebook said that to support struggling businesses, it won’t be collecting any fees on those […]

  • Human Capital: A timeline of Uber and Lyft’s fight against AB 5 and Pinterest’s fall from grace
    by Megan Rose Dickey on August 14, 2020 at 7:45 pm

    Welcome back to Human Capital. This week, Uber and Lyft's legal battle against a California law pertaining to independent contractors continued, and Pinterest employees reached their breaking point. […]

  • Facebook launches support for paid online events
    by Anthony Ha on August 14, 2020 at 7:42 pm

    Businesses will now be able to monetize online events on Facebook, thanks to a new feature that the social network is launching in the United States and 19 other countries today. In a call with reporters, Head of Facebook App Fidji Simo said that Facebook’s Events feature was designed for in-person events, but with the […]

  • 6 hours of streaming Netflix may be the equivalent of burning 1L of petrol
    by The Conversation on August 15, 2020 at 9:00 am

    Coronavirus lockdowns have led to a massive reduction in global emissions, but there’s one area where energy usage is up – way up – during the pandemic: internet traffic. Data-intensive video streaming, gaming, and live streaming for business, university, and school classes is chewing up energy. Estimates can be notoriously difficult and depend on the electricity source, but six hours of streaming video may be the equivalent of burning one litre of petrol, due to emissions from the electricity used to power the data centres which deliver the video. In fact, the energy associated with the global IT sector –… This story continues at The Next Web […]

  • Classic film fans won the streaming wars
    by Rachel Kaser on August 14, 2020 at 11:56 pm

    The number of classic movies on streaming services has risen considerably in the last year — meaning it’s now easier than it used to be to become a cinephile in the streaming age. But which service has the highest concentration of classic films? Two years ago, I wrote an article about how hard it was to be a cinephile in the age of Netflix. I wanted to see how many classic films were actually available on streaming services, without having to pay anything extra. At the time, there wasn’t much — only 24 films from the AFI’s Top 100 were… This story continues at The Next Web […]

  • EA renames its subscription service to EA Play
    by Rachel Kaser on August 14, 2020 at 10:24 pm

    EA today revealed that it’s rebranding and consolidating its subscription service. Whereas before it operated under a few different names, now it’ll all be under a new banner called EA Play. This is likely both an attempt to avoid confusion and to make its transition to Steam more appealing. I wouldn’t want to say gamers avoided EA‘s subscription service, an otherwise decent value, because it was confusing — but I am going to say that I avoided it because it was confusing. Up to now, the PC version of the service was called Origin Access, while the version on consoles was… This story continues at The Next Web […]

  • A time traveler’s guide to the end of the universe
    by Tristan Greene on August 14, 2020 at 7:52 pm

    In this series we’ll take a science and technology-based overhead view of the future from the perspective of a time traveler. This edition focuses on what you’d see if you traveled far enough into the future to watch the universe end. So you’ve decided to visit the end of the universe? Well, bully for you. Some folks might call it a spoiler, but I say we should skip to the end just to see where all of this is going. Luckily for us Matt Caplan, a theoretical physicist from Illinois State University, recently conducted a study to determine how the… This story continues at The Next Web […]

  • How Facebook’s Yann LeCun is charting a path to human-level artificial intelligence
    by Thomas Macaulay on August 14, 2020 at 7:24 pm

    When Yann LeCun founded the Facebook AI Research (FAIR) lab in 2013, artificial intelligence was entering a boom period that his research helped trigger.   Facebook’s chief AI scientist had been among a group of computer scientists who retained faith in deep neural networks during an “AI winter” of reduced funding and interest in the field. In 2019, his efforts earned him a share of the Turning Award, together with his friends Yoshua Bengio and Geoffrey Hinton.  Today, AI is now an essential component of Facebook’s vast array of applications, touching everything from Messenger to content moderation. “You take AI out of Facebook,… This story continues at The Next WebOr just read more coverage about: Facebook […]

  • Ryan Reynolds launches a streaming service that just plays one movie
    by Rachel Kaser on August 14, 2020 at 7:07 pm

    Brace yourself, Netflix, Disney+, etc. A new streaming service has come on to the scene. I don’t know about y’all, but I think we’ve got a real contender on our hands. If for some reason you haven’t heard, Hollywood polymath Ryan Reynolds today announced a new streaming service from Mint Mobile, because “every tech company needs a streaming service.” The new service carries just one movie — 2003’s Foolproof, Reynold’s classic heist film. I’m not even sure where to begin with this. I mean, I thought that, after the streaming wars, the concept of streaming could not be refined further,… This story continues at The Next Web […]

  • Telegram introduces end-to-end encrypted video calls
    by Ivan Mehta on August 14, 2020 at 5:40 pm

    Telegram is introducing end-to-end encrypted video calls on its platform as the chat app completes seven years. Right now the feature will be available in alpha mode on its Android app, while iOS users might have to wait for a little while to get this feature. Currently, you can only do one-on-one video calls, but the company says that it will introduce group video chat in the coming months. Telegram‘s competitor, WhatsApp, already offers group calls with up to eight people on all mobile platforms. [Read: This AI simulation of Roger Federer helps him overcome his Wimbledon SHAME] Telegram says all… This story continues at The Next Web […]

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