News

  • Fort raises $13M for its robotics safety software
    by Brian Heater on March 18, 2021 at 11:03 pm

    Fort Robotics today announced a $13 million raise. Led by Prime Movers Lab, the round also features Prologis Ventures, Quiet Capital, Lemnos Labs, Creative Ventures, Ahoy Capital, Compound, FundersClub and Mark Cuban. The Philadelphia-based company was founded in 2018 by Samuel Reeves, who previous headed up Humanistic Robotics. That fellow Pennsylvania startup is focused on […]

  • MrBeast’s management company, Night Media, has a new venture fund that’s backed by creators
    by Connie Loizos on March 18, 2021 at 10:36 pm

    MrBeast’s management company is getting into the venture business. Night Media, the six-year-old, Dallas-based multimedia talent management company, is closing a debut fund with $20 million in capital commitments from the same, powerful, family-friendly online influencers who it manages, along with other social media stars. The idea, says Night Media CEO Reed Duchscher, is to […]

  • Daily Crunch: YouTube’s TikTok rival launches in the US
    by Anthony Ha on March 18, 2021 at 10:14 pm

    YouTube Shorts comes to the U.S., Amazon starts testing electric delivery vans in San Francisco and new data suggests the impact of Google Play’s recent changes. This is your Daily Crunch for March 18, 2021. The big story: YouTube’s TikTok rival launches in the US The YouTube Shorts product allows users to record, edit and […]

  • Substack faces backlash over the writers it supports with big advances
    by Anthony Ha on March 18, 2021 at 8:32 pm

    Substack has attracted a number of high-profile writers to its newsletter platform — and it’s not a secret that the venture-backed startup has lured some of them with sizable payments. For example, a New Yorker article late last year identified several writers (Anne Helen Petersen, Matthew Yglesias) who’d accepted “substantial” advances, and others (Robert Christgau, […]

  • Snowflake gave up its dual-class shares. Should you?
    by Ron Miller on March 18, 2021 at 8:23 pm

    Why would Snowflake give up such a powerful tool a mere six months after it went public? We decided to look at the notion of dual-class shares and why Snowflake may have been willing to let them go. […]

  • NASA and SpaceX sign a special info sharing agreement to help avoid Starlink collisions
    by Darrell Etherington on March 18, 2021 at 8:12 pm

    NASA doesn’t just let anyone launch whatever they want to space without checking in with the agency about potential impacts to its own assets on orbit, including the International Space Station (ISS). The agency has a standard set of guidelines around so-called “Conjunction Assessment,” which is basically to determine the risk that a close approach […]

  • NFT marketplace OpenSea raises $23 million from a16z
    by Lucas Matney on March 18, 2021 at 7:57 pm

    OpenSea has been one of a handful of NFT marketplaces to explode in popularity in recent weeks as collectors wade into the trading of nonfungible tokens on the blockchain. While new startups have been popping up everyday, platforms that launched in crypto’s earlier times are receiving rampant attention from investors who see this wave of […]

  • Rivian to install more than 10,000 EV chargers by end of 2023
    by Kirsten Korosec on March 18, 2021 at 7:41 pm

    Rivian, the EV startup backed by Amazon, Cox Automotive and T. Rowe Price, plans to install more than 10,000 chargers by the end of 2023. The network will have a dual purpose: quickly power its electric vehicle models with fast chargers installed along highways and provide Level 2 chargers at further afield locations next to […]

  • Introducing Startup Alley+ at TechCrunch Disrupt 2021
    by Marquise Foster on March 18, 2021 at 7:33 pm

    Determined early-stage startup founders (are there really any other kind?) always keep a sharp eye out for advantages that help them build better and faster. Well, heads up folks because this is a brand-new opportunity like no other, and it takes place at TechCrunch Disrupt 2021 on September 21-23. We’re talking about Startup Alley+, a […]

  • Quest for prosthetic retinas progresses toward human trials, with a VR assist
    by Devin Coldewey on March 18, 2021 at 6:53 pm

    An artificial retina would be an enormous boon to the many people with visual impairments, and the possibility is creeping closer to reality year by year. One of the latest advancements takes a different and very promising approach, using tiny dots that convert light to electricity, and virtual reality has helped show that it could […]

  • Beware of biased vaccine distribution algorithms
    by Harith Khawaja on March 18, 2021 at 9:18 pm

    As the sheer logistical challenge of distributing vaccines to over 300 million Americans looms large, institutions are furiously developing algorithms to assist the rollout. The promise: that technology will enable us to allocate a limited number of doses efficiently — to the highest priority groups, and free of human error.  Vaccine distribution algorithms have already been deployed in many places. In December 2020, researchers at Stanford University rolled out a system that ranked individuals in its 20,000-plus strong community by priority. Around that time, the U.S. Department of Health and Human Services revealed it had partnered with the data-analysis firm… This story continues at The Next Web […]

  • Facebook’s making a wearable that uses your nerve signals to control AR environments
    by Thomas Macaulay on March 18, 2021 at 6:44 pm

    Facebook is developing a new input device for AR glasses: a wristband that lets you interact with virtual reality by moving your fingers. The system uses electromyography (EMG) to convert nerve signals passing through the wrist into digital commands. Facebook says that these signals are so clear that EMG can understand finger motions of just a millimeter: That means input can be effortless. Ultimately, it may even be possible to sense just the intention to move a finger.   The devices also use contextualized AI to dynamically adapt to you and your environment. [Read: This haptic device uses strings to let you ‘feel’ objects in… This story continues at The Next WebOr just read more coverage about: Facebook […]

  • Mars rover captures mysterious ‘scratching noise’ during drive across the red planet
    by Thomas Macaulay on March 18, 2021 at 4:01 pm

    NASA’s Perseverance rover has captured a mysterious high-pitched scratching noise on the surface of Mars. The sounds were recorded as the rover drove along the Jezero Crater, an area that scientists believe was once flooded with water and home to an ancient river delta. 🔊 Hear that? That’s the sound of me driving over Martian rocks. This is the first time we’ve captured sounds while driving on Mars. Read full story: https://t.co/oqdnCJShjm pic.twitter.com/yKwypUSnE7 — NASA's Perseverance Mars Rover (@NASAPersevere) March 17, 2021 In the clip, you can also hear a discordant mix of bangs, pings, and rattles, as Perservance’s six wheels roll over… This story continues at The Next Web […]

  • A lightning strike may have helped spark life on earth — here’s how
    by The Conversation on March 18, 2021 at 4:00 pm

    The origin of life on Earth is one of the most complex puzzles facing scientists. It involves not only identifying the numerous chemical reactions that must take place to create a replicating organism, but also finding realistic sources for the ingredients needed for each of the reactions. One particular problem that has long-faced scientists who study the origin of life is the source of the elusive element, phosphorus. Phosphorus is an important element for basic cell structures and functions. For example, it forms the backbone of the double helix structure of DNA and the related molecule RNA. Though the element was… This story continues at The Next Web […]

  • Why you can’t base business decisions on numbers alone
    by Boris Veldhuijzen van Zanten on March 18, 2021 at 3:48 pm

    Boris is the wise ol’ CEO of TNW who writes a weekly column on everything about being an entrepreneur in tech — from managing stress to embracing awkwardness. You can get his musings straight to your inbox by signing up for his newsletter! I absolutely hate it when people disagree with me. Yes, it’s good to get more perspective and ultimately any idea is improved with critical feedback and I do everything in my power not to bully concepts through. But in that exact moment, when I’m stating my case, I can’t believe the other person can’t see my side… This story continues at The Next Web […]

  • Report: UK rips out EV subsidy for cars over £35,000
    by Matthew Beedham on March 18, 2021 at 3:06 pm

    The UK government is about to deal a blow to consumers and unexpectedly change the rules of its plug-in car grant. The changes will make a number of popular EVs less attainable than before, particularly those at the pricer end of the market. According to The Times Driving, the UK government is going to cut its plug-in car grant by £500 ($700), dropping it from £3,000 ($4,180) to £2,500 ($3,480). The grant is also going to be capped at £35,000 ($49,000), meaning those looking to buy EVs like the Tesla Model 3 or Polestar 2, which start north of £40,000… This story continues at The Next Web […]

  • Google profits from spreading fake news — here’s how
    by The Conversation on March 18, 2021 at 3:00 pm

    Search engines are one of society’s primary gateways to information and people, but they are also conduits for misinformation. Similar to problematic social media algorithms, search engines learn to serve you what you and others have clicked on before. Because people are drawn to the sensational, this dance between algorithms and human nature can foster the spread of misinformation. Search engine companies, like most online services, make money not only by selling ads, but also by tracking users and selling their data through real-time bidding on it. People are often led to misinformation by their desire for sensational and entertaining… This story continues at The Next Web […]

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