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Archivo del Autor: Belen De Leon

'Destiny 2: Forsaken' Is a Massive, Vital Expansion—But It Lost Me

Forsaken is a shot of energy to a game that has been limping since it released. And I’m just not that into it.
Source: Wired

Eventbrite goes public, and everyone else is raising hella money

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This week we worked with an (excellent) skeleton crew. Our own Connie Loizos held down the fort with a guest that knew quite a lot: March Capital’s Jamie Montgomery.

There was a healthy blizzard of news to get through, so Connie and Jamie plowed ahead.

Up top, the Eventbrite IPO was big news. After a long path to going public, Eventbrite reported interesting revenue growth acceleration, attached to a standard set of GAAP net losses. (Standard in that most tech IPOs these days do not feature profitable companies.)

But Eventbrite’s IPO was just one thing going on the IPO front. X Financial also went public this week after a somewhat muted pricing event. But even that wasn’t all the IPO news. There was one more tidbit to hang our hat on: NIO’s recent IPO price see-saw.

Moving along, Uber may be going on a shopping spree, picking up either Careem (a rival car-sharing service) or Deliveroo (a competing food-delivery service), or both. Or neither! We’ll have to see when all the dust comes to rest.

But that wasn’t all! Ro has new capital to spend, bringing more drugs to the male health space. Oh, and UiPath raised a few hundred million as well.

And I think that that is it. Thanks for hanging with us over so many dozens and dozens of episodes. We think that you are just great!

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercast, Pocket Casts, Downcast and all the casts.


Source: TechCrunch

'Red Dead Redemption 2' Goes 'GTA' and the Rest of the Week in Games

Tiny PlayStations ahoy! Let’s catch up on the week’s gaming news.
Source: Wired

Siemen's Self-Driving Street Car Puts Autonomous Tech on Track

The company is developing autonomous street car tech, where vehicles on tracks make the challenge simpler, but still worth solving.
Source: Wired

How to Sell Your Old Phone for the Most Money

Congrats on your new phone! Time to cash in on your old one.
Source: Wired

The Delta II Rocket That Gave Us GPS and the Mars Rovers Retires

The Delta II rocket was a workhorse, with 153 successful launches and a bevy of wild scientific missions to its credit.
Source: Wired

Cloudflare Embraces Google Roughtime, Giving Internet Security a Boost

Syncing clocks online is vital to web security.
Source: Wired

How to Set Up Your New iPhone

Welcome to your new iPhone.
Source: Wired

Best iPhone XS and XS Max cases – CNET

Need some protection for your new XS or XS Max? Here are bunch of top cases to check out, all of them compatible with wireless charging.
Source: CNET

uBiome is jumping into therapeutics with a healthy $83 million in Series C financing

23andMe, IBM and now uBiome is the next tech company to jump into the lucrative multi-billion dollar drug discovery market.

The company started out with a consumer gut health test to check whether your intestines carry the right kind of bacteria for healthy digestion but has since expanded to include over 250,000 samples for everything from the microbes on your skin to vaginal health — the largest data set in the world for these types of samples, according to the company.

Founder Jessica Richman now says there’s a wider opportunity to use this data to create value in therapeutics.

To support its new drug discovery efforts, the San Francisco-based startup will be moving its therapeutics unit into new Cambridge, Massachusetts headquarters and appointing former Novartis CEO Joseph Jimenez to the board of directors as well.

The company has a healthy pile of cash to help build out that new HQ, too, with a fresh $83 million Series C, lead by OS Fund and in participation with 8VC, Y Combinator, Dentsu Ventures and others.

The drug discovery market is slated to be worth nearly $86 billion by 2022, according to BCC Research numbers. New technologies — those that solve logistics issues and shorten the time between research and getting a drug to market in particular — are driving the growth and that’s where uBiome thinks it can get into the game.

“This financing allows us to expand our product portfolio, increase our focus on patent assets and further raise our clinical profile, especially as we begin to focus on commercialization of drug discovery and development of our patent assets,” Richman said.

Though its unclear at this time which drug maker the company might partner up with, Richman did say there would be plenty to announce later on that front.

So far, the company has published over 30 peer-reviewed papers on microbiome research, has entered into research partnerships with the likes of the Center for Disease Control (CDC) and leading research institutions such as Harvard, MIT and Stanford and has previously raised $22 million in funding. The additional VC cash puts the total amount raised to $105 million to date.


Source: TechCrunch

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