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Engine Biosciences raises $10 million in Southeast Asia’s largest institutional seed round

 Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The round was co-led by Danhua… Read More


Source: TechCrunch

Pandora is laying off about 5 percent of its workforce as it shifts to more automated ads

 Streaming music service Pandora is laying off about five percent of its employee base and taking “other cost-saving measures” in an attempt to save about $45 million annually. According to Pandora’s 8-K filing, employees were notified today of the plan and the company expects the staff reduction to be complete by the end of Q1 2018. Read More


Source: TechCrunch

Soraa’s new light bulbs skip the smart home and focus on the science of the color spectrum

 Everyone’s trying to build a better light bulb. These days, that means things like adjustable colors and smart home connectivity. Bay Area startup Soraa is skipping all the noise for the moment, instead making color its primary focus. For five years, the company’s been producing products for places like art galleries and hotels, where color balance is a big part of the experience. Read More


Source: TechCrunch

'Jackpotting' ATM Hack Comes to the United States

The “jackpotting” ATM attack drained tens of millions of dollars worldwide before landing in the United States.
Source: Wired

Xerox becomes Fuji Xerox in cost-cutting move with Fujifilm

Xerox will be Fuji Xerox before the end of the year, with Fujifilm becoming a majority stakeholder. The deal builds on a previous joint venture between the two companies and is designed to cut costs.

The post Xerox becomes Fuji Xerox in cost-cutting move with Fujifilm appeared first on Digital Trends.


Source: Digital trends

If Robert Mueller Is Fired, the Russia Probe Could Continue

The special counsel is under attack, but if Robert Mueller gets fired, the investigation into Trump’s Russia ties and obstruction of justice could keep going.
Source: Wired

ICO “rounds� are coming

 Last summer, the news came in dribs and drabs about initial coin offerings, the crowd sales of new cryptocurrencies that give entrepreneurs access to funding. A warning here that some coins sold in ICOs could be considered securities. An alert there that celebrity endorsements of ICOs might be unlawful. Fast forward, and the warnings are starting to come with the kind of velocity that should… Read More


Source: TechCrunch

Oops! Don’t say ‘Google’ in your Alexa voice app, Amazon says

 The competition between Alexa and Google Assistant is fierce. How fierce? Cover all of Las Vegas in Google Assistant ads for CES fierce? Put voice assistance in weird things like a light switch or a fridge fierce? How about “don’t dare utter our competitor’s name in your voice app” fierce? Yep, Amazon has banned Alexa app developers from saying “Google”… Read More


Source: TechCrunch

Samsung confirms it’s working on chips for cryptocurrency mining

Just like everyone else on the planet, Samsung is getting in on the cryptocurrency business. But instead of buying up bitcoins, it’s manufacturing ASIC chips designed specifically for mining those precious bitcoins.

The post Samsung confirms it’s working on chips for cryptocurrency mining appeared first on Digital Trends.


Source: Digital trends

Square Cash expands bitcoin buying and selling to all users

 A few months ago we wrote that Square’s peer-to-peer payment app called Square Cash was running a bitcoin trial for select users. These users had the ability to buy and sell bitcoin using whatever payment method they had attached to the app. Well now the payments company just announced that all users (except those in New York, Georgia, Hawaii, or Wyoming) have access to bitcoin trading… Read More


Source: TechCrunch

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