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Archivo del Autor: Belen De Leon

Stunning Lexus LC convertible concept to debut at Detroit Auto Show – Roadshow

Lexus strongly hints the model will reach production.
Source: CNET

Amazon Dash buttons judged to breach consumer rules in Germany

Amazon’s Dash buttons have been found to breach consumer ecommerce rules in Germany.

The push-to-order gizmos were debuted by Amazon in 2015, in an attempt by the ecommerce giant to shave friction off of the online shopping process by encouraging consumers to fill their homes with stick-on, account-linked buttons that trigger product-specific staple purchases when pressed — from washing powder to toilet roll to cat food.

Germany was among the first international markets where Amazon launched Dash, in 2016, along with the UK and Austria. But yesterday a higher state court in Munich ruled the system does not provide consumers with sufficient information about a purchase.

The judgement follows a legal challenge by a regional consumer watchdog, Verbraucherzentrale NRW, which objects to the terms Amazon operates with Dash.

It complains that Amazon’s terms allow the company to substitute a product of a higher price or even a different product in place of what the consumer original selected for a Dash push purchase.

It argues consumers are also not provided with enough information on the purchase triggered when the button is pressed — which might be months after an original selection was made.

Dash buttons should carry a label stating that a paid purchase is triggered by a press, it believes.

The Munich court has now sided with the group’s view that Amazon does not provide sufficient information to Dash consumers, per Reuters.

In a press release following the ruling, Verbraucherzentrale NRW said the judges agreed Amazon should inform consumers about price and product before taking the order, rather than after the purchase as is currently the case.

It also expressed confidence the judgement leaves no room for Amazon to appeal — though the company has said it intends to do so.

Commenting on the ruling in a statement, Verbraucherzentrale NRW consumer bureau chief, Wolfgang Schuldzinski, said: “We are always open to innovation. But if innovation is to put consumers at a disadvantage and to make price comparisons more difficult, then we use all means against them, as in this case.”

Amazon did not reply to questions about how it intends to respond to the court ruling in the short term, such as whether it will withdraw the devices or change how Dash works in Germany.

Instead it emailed us the following statement, attributed to a spokesperson: “The decision is not only against innovation, it also prevents customers from making an informed choice for themselves about whether a service like Dash Button is a convenient way for them to shop. We are convinced the Dash Button and the corresponding app are in line with German legislation. Therefore, we’re going to appeal.”


Source: TechCrunch

Lisbon finally gets a substantial VC fund in the shape of Indico Capital Partners

Lisbon, characterized occasionally by some tech scene observers as ‘the warm Berlin’, has been threatening to generate more startups in the last few years, not least because it will now have the enormous Web Summit conference there for the next 10 years, and because it’s a cheap and great place to live. But the startups appearing have not quite been as numerous as many would like.

It’s therefore fantastic to see a new VC fund appearing in the city, set up by three experienced stalwarts of the scene.

Indico Capital Partners VC has now completed its first closing of €41M out of the €46M of commitments from investors from eight different countries. The fund will be aimed at Iberian early stage startups (that means Spain and Portugal), but of course those in particularly those based out of Portugal.

The fund says it will invest typically between €150,000 and €5M per portfolio company over their lifetime – pre-seed to series A, plus follow-on rounds. They say the first Indico investments have already been concluded and will be announced soon.

It’s far and away the first sizable, independent and private early-stage, tech-focused fund to be based in Lisbon and will focus on investments in B2B SaaS, Artificial Intelligence, Fintech and Cybersecurity to Marketplaces and B2C Platforms.

The fund comprises of three partners: Managing General Partner, Stephan Morais (former head of the leading corporate VC Caixa Capital), General Partner Ricardo Torgal (also former Caixa Capital senior investor) and Venture Partner Cristina Fonseca (co-founder and shareholder of Talkdesk).

Collectively the team has in the past invested in Farfetch, Unbabel, Codacy and many other success stories originating from Portugal over the past 6 years, in addition to Talkdesk itself.

The EIF (European Investment Fund), is the cornerstone investor of Indico, and has been joined by 20 other institutional and individual investors such as the IFD (Instituição Financeira de Desenvolvimento) through the Portugal Tech facility, Draper Esprit (a major global quoted VC fund based in the UK), pension funds, education and research institutions, wealth managers, high net worth individuals and many local and international tech entrepreneurs.

The fund is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Funds for Strategic Investments (EFSI) set up under the Investment Plan for Europe.

Stephan Morais, Managing General Partner, said: “This is a milestone for the Portuguese ecosystem, we will keep on supporting the most promising Portuguese, and increasingly Iberian, early-stage tech startups, but now with an independent stable investment platform backed by a diversified global LP base.”

Ricardo Torgal, General Partner added that “VC is not hype, it’s about building a balanced portfolio and being there for the companies to help them grow to the next stage”.

Cristina Fonseca, Venture Partner, commented that “I have been backing many companies over the past few years as an angel investor and mentor, so it was an obvious decision to join the best investment team in the market with a solid track record. Early stage tech is where my heart is and this is a local nurturing activity before it becomes globally investable and scalable.”


Source: TechCrunch

The Exaggerated Promise of So-Called Unbiased Data Mining

Data Mining for Random Patterns Invites Bias and Lacks Value
Source: Wired

Steam's Platform Dominance Takes an Epic Hit

Plus, a Bungie breakaway, overenthusiastic algorithms, and the rest of the week in gaming news.
Source: Wired

A Strange Kind of Data Tracks the Weather—and Pirate Ships

Weather forecasters may soon use a technique called radio occultation, which infers the state of the atmosphere from various broadcasts.
Source: Wired

CES 2019 in Photos: The March of the Gadget Fanatics

WIRED photographer Amy Lombard captures the glory, chaos, and optimism of CES 2019.
Source: Wired

Guardian's In-Car Camera Watches the Driver—And Everyone Else

Expect to see more systems like Guardian’s Optical Cabin Control as cars start to drive themselves—and need to watch their masters.
Source: Wired

Apple reportedly plans to launch three iPhones in 2019 – CNET

We could be seeing an updated XR, the Wall Street Journal reported.
Source: CNET

Pocket-size ultrasound machine changes game for telemedicine at CES 2019 – CNET

Why travel to the doctor’s when you can do ultrasounds anywhere?
Source: CNET

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