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Crunch Report | Founder David Karp Is Leaving Tumblr

Founder of Tumblr David Karp is leaving the company, Barracuda Networks gets acquired for $1.6 billion by Thoma Bravo and MIT and Harvard create artificial muscle. All this on Crunch Report. Read More


Source: TechCrunch

SoftBank makes offer for Uber shares at 30% discount

 A SoftBank Group-led team of investors has made an offer to buy Uber’s shares in a tender offer that would value the company at about a 30% discount to Uber’s last private valuation of nearly $70 billion, a source with knowledge of the proposed deal tells TechCrunch. We’re hearing that the proposed price per share is $32.96, which works out to under $50 billion. Bloomberg… Read More


Source: TechCrunch

Pokémon GO gets a surprise new legendary: Ho-Oh

 A bit of a surprise just dropped for everyone poking around Pokémon GO this holiday season: a new legendary Pokémon, Ho-Oh. Niantic usually debuts legendary Pokémon (the massive, super strong Pokémon that require groups of up to 20 players to take down and capture) with a bit of fanfare, but this one showed up pretty much out of nowhere. If you weren’t paying attention to… Read More


Source: TechCrunch

Navdy contacts would-be creditors, prepares to liquidate

 No one ever says hardware is easy, and today it looks like another promising startup has hit a wall. Navdy, which made an in-car heads-up display that projected info like navigation on to your windscreen, has been sending out notices to customers and others who might have claims against the company, as part of a General Assignment for the Benefit of Creditors. Read More


Source: TechCrunch

Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

 Noah Heller, one of the chief architects of Hulu’s virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. Read More


Source: TechCrunch

Apple's new iPhone X ad features singing poop – CNET

Commentary: It’s Christmastime, and Apple really wants to inspire you to buy its smartphone of the future … with four new ads.
Source: CNET

How the internet helps spread hate, Nazi views – CNET

Editor’s note: A New York Times profile is being criticized for normalizing a Nazi sympathizer’s views and failing to explain why he thinks that way. But it’s no mystery. We blame the internet.
Source: CNET

Meater review – CNET

The Meater is an easy way to keep an eye on your food’s internal temperature — as long as you’re willing to trust its doneness recommendations.
Source: CNET

Tech companies ask FCC to keep net neutrality rules – CNET

Letter signed by 200 companies argue that scrapping the rules will hurt the US economy.
Source: CNET

Researchers create a light-based key distribution system for quantum encryption

 Researchers at Duke University, OSU, and Oak Ridge National Laboratory have solved one of the biggest problems with new forms of quantum encryption: quantum key distribution. QKD is the process of distributing keys during a transmission and in a way that will tell both sides of the conversation that someone is eavesdropping. The new system, which uses lasers to transmit multiple bits at once,… Read More


Source: TechCrunch

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