Are scooter startups really worth billions?

July 20, 2018

It’s been hard to miss the scooter startup wars opening fresh, techno-fueled rifts in Valley society in recent months. Another flavor of ride-sharing steed which sprouted seemingly overnight to clutter up sidewalks — drawing rapid-fire ire from city regulators apparently far more forgiving of traffic congestion if it’s delivered in the traditional, car-shaped capsule. Even in their best, most-groomed PR shots, the dockless carelessness of these slimline electrified scooters hums…

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Facebook was never ephemeral, and now its Stories won’t have to be

July 17, 2018

Before Snapchat made social media about just today, Facebook made it about forever. The 2011 “Timeline” redesign of the profile and keyword search unlocked your past, encouraging you to curate colorful posts about your life’s top moments. That was actually an inspiration for Snapchat, as its CEO Evan Spiegel wrote in its IPO announcement that “We learned that creativity can be suppressed by the fear of permanence.” Now Facebook is…

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Implantable 3D-printed organs could be coming sooner than you think

July 13, 2018

At MBC Biolabs, an incubator for biotech startups in San Francisco’s Dogpatch neighborhood, a team of scientists and interns working for the small startup Prellis Biologics have just taken a big step on the path toward developing viable 3D-printed organs for humans. The company, which was founded in 2016 by research scientists Melanie Matheu and Noelle Mullin, staked its future (and a small $3 million investment) on a new technology…

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Rumored full mouse and keyboard support for Xbox One could change the gaming landscape

July 10, 2018

Microsoft may be readying a new weapon that could shift the balance in the interminable console wars: the mouse. Wait, you say, didn’t they promise that years ago, and aren’t there peripherals already available? Kind of. But going whole hog into PC-style controls allows Microsoft to create powerful synergies with Windows, performing a flanking maneuver against arch-rival Sony. Mouse and keyboard is, of course, the control method of choice for…

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BitSight, a provider of security ratings, raises $60M at a valuation of around $600M

July 7, 2018

As the tech world continues to grapple with how best to deal with the growing issue of malicious hacking and other security breaches, a startup that has developed a ratings system to track how well businesses are faring has raised a large growth round to expand its business. BitSight, which provides an ongoing, changing “risk security posture” of some 1,200 organizations, has raised $60 million in a Series D round…

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Facebook reverses its crypto ad ban

July 1, 2018

As there’s clearly too much ad revenue potential to ignore, Facebook today announced it’s reversing its cryptocurrency ad ban effective immediately. The decision comes with a few caveats, however. The company says it will allow ads and related content from “pre-approved advisers,” but will still not allow ads promoting binary options and initial coin offerings. Facebook had first enacted the ban in January, saying at the time that too many…

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Devo scores $25 million and cool new name

June 29, 2018

Logtrust is now known as Devo in one of the cooler name changes I’ve seen in a long time. Whether they intended to pay homage to the late 70s band is not clear, but investors probably didn’t care, as they gave the data operations startup a bushel of money today. The company now known as Devo announced a $25 million Series C round led by Insight Venture Partners with participation…

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