economy
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Daniel Gross of Apple leaves to become Y Combinator’s newest partner
Daniel Gross, the founder of YC-backed Cue, a search engine for personal content, is joining Y Combinator as a partner. Coming hot off a stint as a Director at Apple focusing on machine learning, Gross will be bringing some fresh AI flair to to YC’s existing team. Gross first found his way to Apple after Cue, formally called Greplin, was acquired by the company for $40 million back in… Read More
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Grail is raising at least $1 billion to fund its early cancer screening test
The early cancer screening startup Grail plans to raise more than $1 billion in Series B financing today, possibly up to $1.8 billion. While the company doesn’t want to name investor names, only mentioning in a release the funding will come “primarily from undisclosed private and strategic investors,” Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos, Google… Read More
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PixTeller makes designers (almost) obsolete
PixTeller is a unique little service. Created by a Romanian web designer, Alexandru Roznovat, it is a sort of instant design studio with plenty of ready-made templates so you can create clever Instagram memes or fun book cover designs in a few seconds. After creating an account you’re presented with dozens of pre-made designs that are fairly innocuous. You can select a Facebook header,… Read More
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Italian incubator H-Farm prepares for a new crop with a campus slated to open in 2018
There’s a farm outside of Venice, Italy, that cultivates tech talent the way other farms grow crops. This bed with built-in subwoofer, TV, lamp and power outlets may be your last purchase, ever
Furlenco’s new “Pod” might just be the most outrageous product hitting the market this holiday season. The Bangalore, India based furniture rental startup has always had a penchant for targeting the millennial subset, but this is something else entirely — because as any 20-something knows, adding a bed to things makes them universally more practical. The Pod includes… Read More
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The 10 largest Series B rounds of 2016
Let’s face it, if you’re an investor, you were probably priced out of these insanely large rounds. If you’re a founder, you’re swooning at the mere prospect of making such a statement. But no matter who you are, a lot can be gleaned from analyzing investment trends. Looking at B rounds provides a nice balance between the somewhat predictable success stories of… Read More
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TalkBank lets you chat with your bank
As a fan of banks – I like the lollipops they give out – I’m slightly disturbed by services like TalkBank. This Russian company replaces one-on-one teller interaction with a chatbot that can tell you your balance, offer on the spot advice, and even send you cool deals related to your credit cards. Founded by Mikhail Popov, Alexander Popov, and Vladimir Kozhevnikov the company… Read More
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Fading anonymous social network Yik Yak is reportedly laying off most of its employees
Yik Yak, the once universally recognized anonymous social network that virally took over college campuses back in 2014, is planning to lay off a “significant” number of employees, according to The Verge. The company is said to be retaining mostly engineers as it notified its team of about 50 employees earlier this morning.
Yik Yak was founded as I started college in 2013. I… Read More
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Ruvento raises new seed fund to invest in hardware across Singapore, China and the U.S.
Today, Ruvento is announcing a new $25 million seed fund for hardware startups in need of capital from Singapore, China and the U.S. The fund, managed by Slava Solonitsyn and Alex Toh, will write 70 percent of its checks between $100k and $500k. The rest of the capital will be reserved for follow-on investments of up to $2 million. Ruvento is not the first investor to take a… Read More
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A new tool can crack a credit card number in six seconds
In what amounts to a very clever brute force attack, a group of researchers has figured out how to find credit card information – including expiration dates and CVV numbers – by querying ecommerce sites. The process, which was outlined in IEEE Security & Privacy, involves guessing and testing hundreds of permutations of expiration dates and CVV numbers on hundreds of… Read More
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