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Box dropped a bit of a bombshell this afternoon, when it announced that long-time Chief Operating Officer Dan Levin would be stepping down from the role, and Stephanie Carullo would be taking over. Carullo comes with stellar credentials over her 25 year career that include management and executive stints with IBM, Telstra, Cisco and Apple, giving her the kind of enterprise experience Box would… Read More
Source: Tech Crunch
As the country grapples with income inequality, a lack of affordable housing, and a potential labor crisis brought on by technological advancements like artificial intelligence and automation, Y Combinator president Sam Altman is launching a new initiative to try and create political solutions in his home state and potentially the nation. For the past year or more, Altman has been dabbling in… Read More
Source: Tech Crunch
If you’ve ever wanted to train a machine learning model and integrate it with IFTTT, you now can with a new offering from MateLabs. MateVerse, a platform where novices can spin out machine learning models, now works with IFTTT so that you can automatically set up models to run based on conditional statements. If you’re not familiar with IFTTT, it’s an automation tool for… Read More
Source: Tech Crunch
A tense scene unfolded yesterday as user-generated music streaming service SoundCloud held an all-hands meeting to explain to employees why it suddenly had to lay off 40 percent of its staff last week. Exiting team members wanted to know why they weren’t warned, while those that survived the cuts wanted assurance that the cost reductions would keep the company afloat for the long-run. Read More
Source: Tech Crunch
Bumble just launched a new feature designed to let you tell a match you’re really into them. Available now, SuperSwipe is a button that signals to a potential match that you want to match before they even swipe on you. Traditionally someone has to wait until they swipe left or right on you to find out you’re also into them. Here’s how it works: On each potential… Read More
Source: Tech Crunch
Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to postpone July’s payroll until August 10th. This is at least the third time this year LeEco has delayed paying some of its workers.
Right now, it seems only employees in China will not get a paycheck into August. Read More
Source: Tech Crunch
The TechCrunch Summer Party is a thing of tradition and we hope you can make it out this year. As in years past we’ll gather on the spacious grounds of August Capital in Menlo Park and enjoy an evening of cocktails and the spirit of entrepreneurship. Read More
Source: Tech Crunch
A CBS creative team must’ve done a lot of acid while bingeing 90s TV on their smartphones – that’s the only conceivable reason this Candy Crush TV series, hosted by Mario Lopez and featuring contestants pulled from past seasons of Survivor and Big Brother exists. That or CBS looking to learn a few tricks from MTV’s The Challenge, while also picking up some brand… Read More
Source: Tech Crunch
Toyota is the latest Fortune 500 company to launch an AI focused venture capital fund. The initial early-stage fund will deploy $100 million and operate as a subsidiary of the Toyota Research Institute. The automaker has strategically positioned itself as an ROI rather than strategic-focused fund — meaning that it aims to profit like any other VC firm. Read More
Source: Tech Crunch
Astronomer aims to ease the pain around data analytics. Collecting data is just part of the operation. After the data has been collected, it needs to be assembled and organized and sometimes that’s the most time-consuming part of the process. Astronomer says its solution helps with this process, freeing up engineering resources to actually analyze the data. The Cincinnati-based company… Read More
Source: Tech Crunch