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Archivo del Autor: Belen De Leon

Zinc, the company builder tackling societal problems, picks up £3M backing from LocalGlobe, Atomico, and LSE

Zinc, the London-based company builder tackling various societal problems, has picked up £3 million in seed investment as it readies its second cohort and mission. Backing the round is LocalGlobe, Niklas Zennström’s Atomico, U.K. university LSE, and a number of angel investors.

Launched late last year, Zinc helps build startups almost from scratch. Somewhat similar to Entrepreneur First, it focuses on recruiting potential founders — in this instance, experts in social science, technology, design and business — who through the 9-month programme form new companies.

Each Zinc cohort is tasked with tackling a specific mission around a broader theme. The debut programme, which was used to prove the model and is currently drawing to a close, set out to create startups that can tackle the problem of women’s mental and emotional health. This saw 55 prospective founders and entrepreneurs participate, resulting in 17 new companies being formed.

They span tech-enabled businesses working on problems as diverse as perinatal mental health, loneliness amongst the elderly, young women discovering sexual pleasure, stress-related physical conditions like IBS, women walking safely in cities, new talking therapies, and more. One criteria of Zinc-founded companies is that the resulting solution needs to be applicable globally, and that the problem being tackled affects a large enough number of people in the developed world ie ~100 million or more.

“We try to solve huge societal issues by mobilising talent, ideas and capital, and by taking a mission-led approach,” Ella Goldner, co-founder and GM of Zinc, tells TechCrunch. “Our programme does so by finding the best talent, surrounding them with smarts experts to help them build new tech-enabled scalable businesses, and help them develop products and services that tackle the issues in the context of the mission”.

Zinc’s second mission, which the company builder is currently recruiting for, will see it focus on the 150 million people living in places that have been hit hard by automation and globalisation over the last 20 or 30 years, as traditional industries in those areas have declined (e.g. coal, manufacturing, textiles, shipbuilding, ports and tourism).

“The founders on the programme are a diverse group of entrepreneurial creative individuals who are driven by the mission, and are keen to set up a new business. They have background in tech, the mission’s focus area, or in ops and marketing. The average age is 34 and they are truly diverse in terms of nationalities… We believe in people’s ability to take control over those issues and solve them, rather than relying on public sector to do that,” explains Goldner.

Suzanne Ashman Blair, partner at LocalGlobe, echoes that sentiment and says that Zinc has got off to a great start with its first mission. “To have an impact on society’s deepest challenges, we need to bring together entrepreneurial talent and capital. Zinc has demonstrated that its approach to addressing social problems through technology is a powerful combination”.

LSE’s investment in Zinc also sees it effectively become a founder of the burgeoning company builder. The London university is leading a new consortium of U.K. universities (Oxford, Manchester, Sussex and Sheffield) who will work with the Zinc programme to “turn research insight into new businesses that have commercial and social impact”.

To that end, in addition to Goldner, Zinc lists it founders as Paul Kirby (a former Head of the No 10 Policy Unit and previously a senior partner at KPMG), Saul Klein (co-founder of LocalGlobe and a serial tech entrepreneur), and Professor Julia Black (Pro-Director for Research at the London School of Economics and Political Science and a Board Member of U.K. Research & Innovation).

Meanwhile, Zinc says the new £3 million funding will enable it to plan future missions and replicate the success of its launch programme.


Source: TechCrunch

Chinese censors take aim at counterculture icon… Peppa Pig? – CNET

First Winnie the Pooh, now poor Peppa. It’s hard in China for children’s TV cartoon creatures.
Source: CNET

Samsung Galaxy A6 Release Date, Price and Specs – CNET

The midrange A6 Plus gives you a 16MP and 5MP camera combo on the rear, and a 24MP shooter on the front.
Source: CNET

Thousands of academics spurn Nature’s new paid-access Machine Learning journal

Nature, one of the most prestigious scientific journals in the world, has just announce plans to create a Machine Intelligence imprint, and researchers are not happy. The field has been doing fine with open-access journals — why clog it up with the paid-access model everyone has been trying to escape for decades? Over two thousand have signed a statement saying they won’t publish in it.

Academic publishing is a tumult right now, with open-access journals and proponents thereof battling with the old-guard prestige of the likes of Science and Nature — along with the fees from jealous keepers such as Elsevier and Springer. Meanwhile sites like Sci-Hub have worked to liberate the data held by paid journals, illegally of course, and become indispensable in the process.

The statement comes from Tom Dietterich at Oregon State University, founding president of the International Machine Learning Society.

“Machine learning has been at the forefront of the movement for free and open access to research… We see no role for closed access or author-fee publication in the future of machine learning research and believe the adoption of this new journal as an outlet of record for the machine learning community would be a retrograde step,” it reads.

The statement cites past opposition in the community to paid journals and the fact that all the major ones in existence charge nothing as well “The following list of researchers,” it continues, “hereby state that they will not submit to, review, or edit for this new journal.”

There are nearly 2,300 signatures from all over the world. Students, professors, researchers, architects, and engineers people the list; there are representatives of many major companies in the field: Google, Intel, Amazon, Microsoft, IBM; many of the world’s most august learning institutions can be found on it as well.

It’s not that machine learning is fundamentally incompatible with paid access, Diettrich told me in an email; rather, the field has grown to prominence so recently that free and open-access journals have just been the better option from the start.

“Our research community has been fortunate to develop an expectation of free and open access to published research, but many other areas of science and mathematics are moving in the same direction,” he wrote.

I asked if he thought Nature’s interest manifesting in this way indicated a healthy field. “It is a sign that Nature Publishing Group believes they can make money in this relatively young area of research,” he answered.

But the pledge seems like a widely supported one, he concluded: “My impression is that we have excellent representation from all of the major research labs in universities and companies.”

Nature may still draw papers because of its clout, but it looks like at least a significant number of researchers in this area will give it the cold shoulder. Are you among their number? Feel free to add your name to the list.


Source: TechCrunch

Nintendo's new chief sees $1B future in mobile gaming – CNET

Shuntaro Furukawa tells the Nikkei newspaper he wants to build on the lessons the company learned with Pokemon Go.
Source: CNET

New Bigscreen update streams your desktop to the Oculus Go

Oculus says that its new Go headset already boasts support for more than 1,000 titles out of the gate as of today. One of the most interesting of the small subset of those that I’ve taken a look at today has been the latest update for Bigscreen, which brings the previously PC-only VR desktop streaming platform to mobile with Oculus Go (Gear VR too).

The free app is launching in beta and there are still some performance issues to be sorted out, but the app ultimately does what it claims, streaming your PC’s display to the $200 Oculus headset, effectively bringing a much more capable machine into the small standalone headset.

Bigscreen is still driving plenty of updates but today the experience supports 1080p desktop streaming at 30 frames, a resolution and latency that is definitely best suited for streaming movies and videos from YouTube, not firing up a game of Fortnite. That functionality will be coming, however, as the team looks to bring 60fps desktop streaming to the Go.

That being said, there is full cross-compatibility between the desktop and mobile versions of Bigscreen with this release. The experience will definitely feel a little different without a tracked headset and controllers, but Oculus Go users will be able to dive in and chat with Vive, Rift and Windows MR users just the same.

Getting the remote desktop streaming feature on Go will require a little finagling for PC users who will also have to download the Bigscreen app in the Steam or the Oculus Store on desktop in order to fire up the app. From there they just need to open Bigscreen “in desktop mode” and punch the code that pops up into their Go headset. For now, remote desktop streaming is only open to PC users, Shankar says the startup is hoping to work on Mac support for the app later this year.

While Oculus launched a number of apps today at F8 focused on bringing users together in a social experience, none of them can do quite what Bigscreen does.

“The focus is just different,” founder Darshan Shankar tells TechCrunch. “We’ve been so much more focused on utilitarian value and providing something for people to do that they already love doing as opposed to just social for the sake of doing social.”

Bigscreen has raised $14 million in funding from Andreessen Horowitz, True Venture, Presence Capital and others for this mission of delivering the VR use cases that it sees users asking for. Though the company started four years ago, this is the startup’s first foray into mobile VR which has constituted the bulk of headset sales over the past few years.

The update is available now for Oculus Go and Gear VR users, support for Google Daydream is coming soon.


Source: TechCrunch

Birchbox ownership changes hands after beauty business does recap

Beauty-in-a-box brand Birchbox has changed up its ownership structure.

The New York-based startup, which has raised almost $90 million in funding from noted venture firms like Accel Partners and First Round Capital, has a new majority owner in hedge fund Viking Global, sources confirm to TechCrunch.

First reported by Recode, Birchbox made some changes to its cap table after failing to find a suitable buyer. We are told that the details are still getting finalized, but that Viking is expected to take on a majority stake after investing about $15 million. Viking previously led Birchbox’s $60 million funding round in 2014.

Birchbox did not respond for comment. 

Birchbox has managed to become a household name amongst its targeted demographic of female millennials, but its business has faced challenges amidst growing competition. Ipsy, Glossybox, Sephora and Allure Magazine are amongst the many beauty sample box subscriptions that consumers can buy.

Its boxes retail for just $10 per month. And while they are able to find discounts and partnerships with beauty brands eager to partner with Birchbox, it can still be hard to keep distribution costs down, while also spending on sales and marketing to grow the business. Birchbox hopes that consumers will buy more full-sized products off of its website.

Recaps are not uncommon, but they are usually a sign that a startup is struggling. However, it is an opportunity for Birchbox to raise cash and remain in business while it figures out a longer-term plan.

Birchbox was founded in 2010 by Harvard Business alums Hayley Barna and Katia Beauchamp. Barna left Birchbox and is now an investor at First Round Capital. Beauchamp remains CEO.

 


Source: TechCrunch

See Avengers: Infinity War actors read mean tweets about them – CNET

See how Chris Evans, Scarlett Johansson, Benedict Cumberbatch and other Avengers actors respond to critical fan reactions on the latest Mean Tweets segment on Jimmy Kimmel Live.
Source: CNET

The 'holographic' Red Hydrogen phone has been delayed — and improved – CNET

The delay might be for the better.
Source: CNET

iPhone shipments rise in down smartphone market – CNET

Samsung retains global smartphone crown in the first quarter despite losing ground to Apple.
Source: CNET

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