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Autonomous passenger drones might be coming to Dubai this summer, but in Russia I had the chance to check out this startup which literally wants to build a hoverbike. Emerging from the Skolkovo “startups and science park” just outside of Moscow, human-carrying drone maker Hoversurf has created a sing-seat hoverbike which looks awesome, but does rather make you fear… Read More
Source: Tech Crunch
YouTube is now blocking ads on channels with less than 10,000 views, Amazon pulls Diapers.com and other Quidsi apps and Spotify’s invisible IPO. All this on Crunch Report. Read More
Source: Tech Crunch
You can imagine that Stripe CEO Patrick Collison is asked a lot about whether his San Francisco-based payments company plans to go pubic any time soon. Last year, the seven-year-old company raised $150 million in a deal co-led by General Catalyst Partners and CapitalG that valued the startup at $9.2 billion, almost double the valuation it was assigned in 2015. Read More
Source: Tech Crunch
Adidas unveiled their latest 3D-printed shoe last night, the Futurecraft 4D. The shoe is a huge improvement on their last 3D-printed runners, which were more of a concept than an actual product. The new version is better suited for mass production – Adidas plans on selling 5,000 pairs this upcoming fall, which will scale up to more than 100,000 pairs by the end of 2018. While the… Read More
Source: Tech Crunch
Happy belated Equal Pay Day! The U.S. Department of Labor testified in court today that pay inequities at Google are “systemic,” The Guardian reports. Earlier this month, Google said it had closed the gender pay gap globally. “We found systemic compensation disparities against women pretty much across the entire workforce,” Department of Labor Regional Director… Read More
Source: Tech Crunch
The researchers over at OpenAI were able to use a recurrent mLSTM character-level model trained on Amazon reviews to identify the sentiment of blocks of text. And perhaps more interestingly, the team was able to generate new text with customizable sentiment. Neither LSTMs nor sentiment analysis are new, but combining them in a way that reportedly breaks records for sentiment analysis accuracy… Read More
Source: Tech Crunch
The last time I wrote about Save, the French startup had just raised $16.7 million to prove that you could scale smartphone repair services. It’s been a roller coaster ride since then as the company had to claim insolvency. After this process, Remade Group is picking up Save’s business and employees.
While the startup managed to grow quite rapidly, it was hard to keep up with the pace. Read More
Source: Tech Crunch
Apple reveals that it will be resetting its approach with the Mac Pro, the Waymo vs. Uber lawsuit moves forward and Tesla surpasses GM to become the most valuable U.S. automaker. Here are the top stories of the week, and you can also receive this post as the Weekly Roundup newsletter. 1. At a small event addressing a group of reporters, Apple revealed that it is pushing the reset button on… Read More
Source: Tech Crunch
In mid-January, the ongoing race for AI put Montreal-based Maluuba on our radar. Microsoft acquired the startup and its team of researchers to build better machine intelligence tools for analyzing unstructured text to enable more natural human computer interaction — think bots that can actually respond with reasonable intelligence to a text you send. The team dropped its first paper… Read More
Source: Tech Crunch
Thank you for joining me, ladies, gentlemen. Researchers have created a “stabbing machine,” with which they intend to “simulate stabbing events,” with the further intention of getting to the heart of knife-related crimes. Now, I don’t have a problem with teaching robots knifeplay per se, but we must be circumspect. We must be careful. We must not teach them poorly. Read More
Source: Tech Crunch