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Earlier this week, following the resignations of Binary Capital cofounder Justin Caldbeck and a more recent addition to the team, Matt Mazzeo, Binary cofounder Jonathan Teo offered to resign his position as well.
Late yesterday, the firm’s limited partners — include WeatherGage, Legacy Venture, UNC, and UCLA — accepted Teo’s resignation.
According to sources, the… Read More
Source: Tech Crunch
Facebook’s task is unenviable. Two billion people, all yammering on about everything in the world — and hidden in that unending torrent are hidden an unknown number of abhorrent, hateful utterances better off unuttered. But the method Facebook has applied to this problem, a tangled system of ethical arithmetic revealed in a report from ProPublica, seems unsuited to the task… Read More
Source: Tech Crunch
The problem of dealing with CVs during the hiring process is a perennial one. There are a number of approaches and there are various assessment companies and recruitment companies providing human services to do so. But it’s tough to get around the fact that having to read a lot of CVs is often just pure grunt work. Imagine instead if you could apply machine-learning and a platform… Read More
Source: Tech Crunch
Enterprise cloud company Tintri was supposed to debut on the public markets yesterday with an IPO price between $10.50 to $12.50, but then pushed things back a day and lowered its price to $7. Shares were up about 3.5 percent midday Friday, trading at roughly $7.25 per share. Read More
Source: Tech Crunch
Technically, Facebook can’t suspend people’s accounts just for sharing 50-plus false, sensational or clickbaity news articles per day. It doesn’t want to trample anyone’s right to share. But there’s nothing stopping it from burying those links low in the News Feed so few people ever see them. Today Facebook announced an algorithm change that does just that. Read More
Source: Tech Crunch
Blue Apron investors might be shedding a tear and it’s not from the chopped onions. The subscription service for at-home cooking closed the day just barely above $10 per share, specifically $10.0018. This is not only a disappointment for the company which hoped to raise more money by selling stock at $15 to $17 to share, but also for the new investors who bought at the $10 IPO price.… Read More
Source: Tech Crunch
It’s still hard to say if the voice controlled aluminum can will be the next smartphone or the next Segway, but either way brands are preparing. This morning Adobe launched a new set of analytics tools, Adobe Sensei for Voice, to help brands take advantage of conversational data to improve targeting and ideally conversions. Adobe says it can consume data from Alexa, Siri, Google… Read More
Source: Tech Crunch
On-demand storage startup Omni wants to make it easier for you to have access to your favorite items without them taking up space in your closet. But now the company is taking a huge step toward making those items available to your friends, and to other people in your local community. Read More
Source: Tech Crunch
I’d put a sandwich into space, too, if my job was to run a for-profit space tech company and KFC came calling with a fat wad of cash. Read More
Source: Tech Crunch
Aerospace leader Lockheed Martin has invested in U.S. nanosatellite company Terran Orbital, the latest example of how legacy and novel players alike are looking at smallsats and the industry of cheap, lightweight satellites in general as a key area of opportunity for the growing commercial space sector. Read More
Source: Tech Crunch