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Archivo del Autor: Belen De Leon

The Missed Connections of San Francisco's Gleaming New Transit Station

The newly opened, $2.26 billion Salesforce Transit Center is shiny and bright, but could do much more to guide residents and tourists into the city.
Source: Wired

To Confront Climate Change, the Modern Automobile Must Die

If we want to solve climate change, there’s no other option.
Source: Wired

WhatsApp promises to battle 'sinister' false messages – CNET

Rumours spread on WhatsApp have stoked violence and even lynchings in India.
Source: CNET

Netflix tests a bypass of iTunes billing in 33 markets

Netflix is one of the highest-grossing apps on the iOS App Store, but it looks like the video streaming giant is contemplating how it might make an even bigger margin on its iPhone and iPad users.

TechCrunch has learned and confirmed that Netflix, in its own words, is “testing the iTunes payment method” in 33 countries. More specifically, Netflix is testing how to bypass iTunes. Until September 30, new or lapsed subscribers in selected markets across Europe, Latin America and Asia will be unable pay using iTunes. They are instead getting redirected to the mobile web version to log payment details directly with Netflix.

The test was first spotted by NDTV in India last week, with users also flagging changes on Twitter. Journalist Manish Singh (in a tweet he then deleted) subsequently said Netflix was running a two-month experiment. A customer support agent contacted by us earlier today confirmed that the test has actually been running since June, starting first in 10 countries and then expanding to 33 from August 2 until September 30.

“During this time, customers in these countries may experience any of the following when launching the Netflix app on an iOS (mobile or tablet) device: 1. Ability to sign up in app with only iTunes Mode Of Payment. 2. Ability to log into Netflix but not sign up (sign up only via mobile browser),” he wrote. “We are constantly innovating and testing new signup approaches on different platforms to better understand what our members like. Based on what we learn, we work to improve the Netflix experience for members everywhere.”

Asked for more clarification, a spokesperson, provided a statement echoing the same words also used by the customer support agent.

The full list of countries where the billing test is running is as follows: Argentina, Australia, Austria, Belgium, Brazil, Canada, Colombia, Croatia, Czech Republic, Denmark, Ecuador, Finland, France, Germany, Great Britain, Hungary, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, Norway, Peru, Philippines, Poland, Slovakia, South Africa, Spain, Sweden, Taiwan and Thailand.

Although Netflix is calling this a test, it’s notable that the company has been gradually shifting its customer relationships on other platforms to develop more direct billing with its users.

As of May 2018, Netflix stopped allowing new or rejoining customers to use Google Play to pay for its service. “If you are currently billed by Google Play, you can continue to use Google Play billing until your account is cancelled,” the company notes on a help page about the change, which is in line with how it appears to be testing billing now on iOS.

Changing the billing to a direct format means that Netflix bypasses giving Google and Apple a cut on those subscriptions. Currently, Apple takes a 30 percent cut on the first year of a subscription, which goes down to 15 percent for subsequent years.

Apple has something of the upper hand especially when it comes to newer apps or those still building up their user bases: it controls the App Store on iOS devices, and with active billing details for a large number of these users, Apple greatly reduces friction for enticing users to sign up and subscribe to a service (the same goes for in-app purchases, too, although that is less relevant to Netflix).

But the math and strategy change for the biggest app publishers, who have their own brands (and even their own memes). These might be more willing to take the chance of creating a little bit more friction in exchange for a bigger return.

Although it’s not elaborating too much about what it is doing, this might be particularly the case for Netflix. In July, the company posted a miss in its quarterly revenues and subscriber additions. Growth may be slowing, so now might be a good time for the company to refocus the margins its making on its 130 million+ users.

The test for payments comes at the same time that Netflix is making other tests and tweaks to its service, including an experiment to see how well video promos between episodes do with users (they seem to universally dislike them), and closing off the option to leave user reviews on videos.

If the billing test grows, or becomes a permanent thing, as it has with Google, it looks like Apple might soon need to update its subscription pages for developers:

We’ll update this post as we learn more.

Additional reporting Jon Russell


Source: TechCrunch

16 hidden Galaxy Note 9 tricks to make you a pro – CNET

The power is in the pen.
Source: CNET

Huawei cheap solar panel launch dimmed by Trump's China tariffs – CNET

The FusionHome was expected to be cheaper than its rivals.
Source: CNET

Insta360 Pro 2 adds 8K 3D video and HDR capabilities – CNET

Meant for professionals, this new 360 camera will come with a whopping $5,000 price tag.
Source: CNET

An Adorable Rodent Gives a Glimpse Into Earth’s Climate Chaos

Scientists track in incredible detail how the giant kangaroo rat and over 400 other species struggled and triumphed amid a punishing drought.
Source: Wired

The Wildest Lawsuits Facing Tesla Right Now

The beleaguered electric automaker is finally cranking out Model 3s, but it has a few other issues to handle, too.
Source: Wired

Sequoia wraps up new $695M fund for India and Southeast Asia

Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago.

Reports at the beginning of this year suggested that the firm was shooting for a $1 billion fund, perhaps influenced by SoftBank’s gargantuan Vision Fund, but it was later reported that the target was cut to $650-$700 million.

This new money for Asia is reflective of Sequoia’s activity elsewhere in the world, where it is piling up cash for more details. The firm is in the final stages of raising an $8 billion global fund while it is said to be preparing a China fund that could reach as high as $6 billion, with participation from e-commerce firm JD.com and state-owned Starquest Capital. It secured a $180 million seed fund in the U.S earlier this year.

With this new money, Sequoia India said it plans to “double down” on technology, consumer and healthcare startups to “unleash the potential” of the two regions, which collectively over 800 million internet users. That number is growing fast among India, population 1.3 billion, and Southeast Asia, population 650 million.

Beyond being one of the premier VCs in the U.S. and China, Sequoia also enjoys a top-tier reputation in Asia and, more recently, in Southeast Asia where it has accelerated its presence in recent years. To date, the firm has made over 200 investments in India, which include major hits like unicorn Zomato, Freshworks (which is headed to IPO), Freecharge (which was acquired by Snapdeal), Pine Labs (which recently raised from PayPal), JustDial (which went public in 2013) and OYO Rooms, which is backed by SoftBank’s Vision fund.

The firm has expanded to Southeast Asia in recent years, after first opening an office in 2012, and it said that the region accounts for 20-30 percent of portfolio value. That’s a ratio it intends to maintain going forward — which means there’s no dedicated Southeast Asia fund, for now at least.

Already, though, Sequoia has gotten itself into a number of Southeast Asia’s top startups. They include Indonesian unicorn trio Go-Jek, Tokopedia and Traveloka, Singapore’s Carousell and e-commerce startup Zilingo. The fact that Sequoia India managing director Shailendra Singh relocated to Singapore also speaks volumes about how seriously the firm is taking Southeast Asia — even though, as mentioned, there’s no standalone fund.

“As we look to the future, the menu of investment opportunities is unprecedented — from mobile internet to online brands, enterprise SaaS to AI, crypto to deep tech in healthcare, new age consumer brands and beyond,” Sequoia wrote in a blog post announcing its new fund.

“India and Southeast Asia, meanwhile, are at an inflection point, and we are witnessing incredible quality of new investment opportunities,” it added.

Finally, the firm has announced some staff changes. Most notably, managing director Abhay Pandey is leaving after an 11-year stint to focus on investment opportunities in the consumer space, according to Sequoia. Pandey joined Sequoia from Merrill Lynch in 2007 and he previously spent time with Credit Suisse and McKinsey.

Abhay Pandey is leaving his role as managing director at Sequoia’s India fund after more than 11 years

There are also promotions. Former Facebook product manager Abheek Anand is now managing director with a focus on Southeast Asia, while four VPs —  Ishaan Mittal, Sakshi Chopra, Ashish Agarwal and Harshjit Sethi — have stepped up to become principals.


Source: TechCrunch

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