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The shortcomings of SAFE notes are coming home to roost; ironically, entrepreneurs are paying the price. Y Combinator invented the notes with a noble goal: “we intend the SAFE to remain fair to both investors and founders.” But many SAFE notes that entrepreneurs are quick to issue now have a nasty bite: much more dilution than the issuers thought when they signed those documents. Read More
Source: Tech Crunch
If you’ve been following the drone registration saga in the United States, you may remember that in May a Federal Appeals Court struck down the FAA’s drone registration requirement. The registration requirement, which mandated hobbyists pay $5 and submit their personal information into an FAA database and attach a registration number to their drone, was relatively mild. However… Read More
Source: Tech Crunch
Though the region known as Silicon Valley covers dozens of municipalities, a few cities get outsized attention in tech circles. Everyone knows Palo Alto, Mountain View, San Jose and San Francisco as hotbeds for startup innovation. But they’re not the only ones. Less-talked-about cities in the region are also raking in funding. Read More
Source: Tech Crunch
Google’s Digital News Initiative has committed £622,000 ($805,000) to fund an automated news writing initiative for UK-based news agency, The Press Association. The money will help pay for the creation of Radar (Reporters And Data And Robots), snappily named software designed to generate upwards 30,000 local news stories a month. The Press Association has enlisted UK-based news startup… Read More
Source: Tech Crunch
Station F is the world’s biggest startup campus. Thousands of entrepreneurs are currently moving into the new building here in Paris. But if you’re still wondering what it actually looks like, we visited Station F and interviewed the two persons behind it — Roxanne Varza and Xavier Niel. Station F is a massive building that has been completely renovated and now features… Read More
Source: Tech Crunch
VC’s and startup founders rarely pay attention to slow moving but powerful macro global events, especially with so many fast moving things to focus on at the micro like technology, teams, trends. While VCs and startup founders are often the earliest to know about cutting-edge technological advances bubbling from the bottom up (while public market hedge fund and global macro investors… Read More
Source: Tech Crunch
Taking a break from touching pieces of sophisticated technology labeled “do not touch” in a Kennedy Center clean room, Vice President Mike Pence made a speech to NASA yesterday that further signaled the Trump administration’s apparent enthusiasm toward space exploration.
The one where Vice President Mike Pence visits the Orion clean room https://t.co/cu8TNNxygl… Read More
Source: Tech Crunch
A new report from Nielsen out this week paints a picture of the booming on-demand audio streaming business, pointing to a significant increase in consumers’ use of streaming services and record numbers of streams being served. According to the mid-year report, which focuses only on the U.S. market, on-demand audio streams surpassed the 7 billion figure for the first time ever during March… Read More
Source: Tech Crunch
While U.S. nuclear and energy facilities are increasingly aware of the cyberthreats to their systems, we can expect to see more hacks testing the limits of critical infrastructure systems, both in the U.S. and abroad. Read More
Source: Tech Crunch
Ever been driving a car when both the brake and the gas pedal failed, and the dashboard go nuts? I just have, and it isn’t fun. What are we going to do when our cars are targets for hackers?
The problem with most modern cars is that to offer many more kinds of services (live traffic data for sat navs, etc.) they need to be connected. Once that happens then they are, by definition, hackable. Read More
Source: Tech Crunch