Binary Capital reportedly delays closing new fund amid controversy

 In the wake of allegations of sexual harassment and the resignation of Binary Capital co-founder Justin Caldbeck, the firm has delayed closing its second fund, Axios reports. Caldbeck issued a statement saying he would take an indefinite leave of absence after multiple women in the tech industry alleged they faced unwanted and inappropriate advances from him. The Information first reported… Read More


Source: Tech Crunch

The Sony A9 inches the mirrorless camera market forward

 Having a variety of prime, telephoto, macro, sport and the like, all with distinctive shooting characteristics is what give lenses their charm. However, Sony just took Nikon’s spot as number two in the full-frame camera industry — Canon holds pole position. Currently, only 24 full-frame E-mount lenses exist compared to the dozens that Canon has in each category. Still,… Read More


Source: Tech Crunch

Headstart wants to better analyze candidates to fit them with the best jobs

 Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies. So… Read More


Source: Tech Crunch

Tumblr says it fixed the ‘Safe Mode’ glitch that hid innocent posts, including LGBTQ+ content

 Tumblr this week introduced a “safe mode” for its service, which combines the company’s previously available “safe search” functionality with a new filter that would hide “sensitive” content from the site’s main Dashboard, using an overlay. However, Tumblr quickly came under fire for hiding “sensitive” content that was anything but… Read More


Source: Tech Crunch

Coinbase is reimbursing losses caused by the Ethereum flash crash

 Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many… Read More


Source: Tech Crunch

VC Justin Caldbeck is taking an indefinite leave of absence, apologizes to the women he ‘made feel uncomfortable’

 In light of allegations of sexual harassment and unwanted sexual advances, Binary Capital co-founder and managing Partner Justin Caldbeck is taking an indefinite leave of absence. In a statement provided to TechCrunch, Caldbeck apologized for his behavior, directing it “first to those women who I’ve made feel uncomfortable in any way, at any time – but also to the greater… Read More


Source: Tech Crunch

SpaceX successfully launches reused Falcon 9 rocket, recovers first stage

 SpaceX has successfully launched a Falcon 9 to orbit during its BulgariaSat-1 mission Friday. The launch reused a first stage booster first employed during an Iridium Communications mission in January of this year, after that Falcon 9 first stage was recovered and refurbished. The mission on Friday was to delivery Bulgaria’s first ever geostationary communications satellite into orbit,… Read More


Source: Tech Crunch

Watch SpaceX launch a re-used Falcon 9 rocket live right here

 SpaceX is attempting to re-launch a Falcon 9 it used first in January, taking off from Launch Complex 39A at Kennedy Space Center with a two-hour launch window opening at 2:10 PM EDT today (UPDATE: The launch is now set for 3:10 PM EDT as SpaceX will be conducting additional ground checks). The mission, BulgariaSat-1, will attempt to deliver a geostationary orbital commercial comms satellite,… Read More


Source: Tech Crunch