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Archivo del Autor: Belen De Leon

New Xbox and PlayStation hardware hint at the future of gaming, six years late – CNET

With the growth of streaming game services and shift to downloaded over physical media, reality is starting to catch up to my 2013 expectations.
Source: CNET

This Startup Could Sell You Crypto Tokens—With SEC Backing

Blockstack is proposing an unprecedented initial coin offering under an SEC rule that would allow it to sell shares to small investors.
Source: Wired

Marmot Eclipse Rain Jacket Review: Comfy and PFC-Free

Our review of Marmot’s new EvoDry jacket with Aquavent tech—a high-performance rain jacket manufactured without dumping carcinogens in groundwater.
Source: Wired

Marketing platform startup Adverity raises $12.4M in round led by Felix Capital

Marketers get a lot of incoming from the data they have to deal with, bound up in hundreds of spreadsheets and reports, making it time consuming and tricky to get value out of. Tech companies like Datorama and Funnel.io have appeared to try and lighten this load.

Adverity is a data intelligence platform also playing his this space by applying AI to produce actionable insights in real-time.

Founded in 2015, it’s a cloud agnostic SaaS platform compatible with Amazon, Google and Microsoft which provides data to destinations such as SQL databases, Snowflake, AWS Redshift, SAP HANA. Its business model is based on yearly subscription fees.

It’s now closed an €11 million ($12.4 million) Series B funding round, bringing the total amount raised to date to €15 million ($17 million). The investment is led by London-based Felix Capital, with participation from Silicon Valley’s Sapphire Ventures and the SAP.iO fund. The company now plans to use its war chest to expand into the US market.

In addition to the latest round of investors, Adverity continues to be backed by existing investors including, Speedinvest, Mangrove Capital (early backer of Skype, Wix.com and Walkman), 42cap, and local Austrian company the AWS Founders Fund.

Adverity’s latest AI-powered product Presense is currently under closed beta testing for selected clients and will be launched later this year.

Alexander Igelsböck, CEO and Co-Founder of Adverity, commented: “Every company wants and needs to be data-driven. This is especially true in marketing where the fragmentation of data, and complexity in getting insights from it, poses a huge challenge for CMOs. Adverity’s mission is to solve those challenges by eliminating the hurdles facing companies today.”

Adverity’s clients include companies such as IKEA, Red Bull, Mediacom, Mindshare and IPG. Headquartered in Vienna, Austria, the company has offices across London, Sofia and Frankfurt.

Sasha Astafyeva, Principal at Felix Capital, commented: “Data is a powerful tool for engaging customers and Adverity helps marketers harness the power of their data to make better decisions, grow their business and better serve their customers.”

The company’s founding members are Alexander Igelsböck, Martin Brunthaler and Andreas Glänzer. Igelsböck previously headed a startup incubator in Austria (KochAbo GmbH) and prior to that was VP Product Management at VeriSign Inc, where he met Brunthaler, who was Director of Engineering. Glänzer’s experience was gained in a sales role at Google and as Regional Head of iProspect. The three previously founded a price comparison technology company that was acquired by Heise Media in Germany.


Source: TechCrunch

Weengs, the UK logistics startup for online retailers, collects £6.5M Series A

Weengs, the U.K. logistics startup for e-commerce businesses that need a more convenient way of getting online orders to customers, has raised £6.5 million in Series A funding. Leading the round is venture capital firm Oxford Capital, with Weeng’s seed investors, including Local Globe, Cherry Ventures and VentureFriends, following on.

Founded by Alex Christodolou and Greg Zontanos, provides small and medium-sized online stores of various kinds, including eBay and Amazon power sellers and brick ‘n’ mortar stores with an e-commerce component, with a “ship-from-store” logistics solution that handles collection, packing and delivery.

The basic premise is that time costs money, which can make e-commerce quite prohibitive. By outsourcing time-consuming and labour intensive logistics, store owners can put their time into other more profitable and differentiating aspects of their business, such as sales and marketing, and customer experience.

To make this work, Weengs collects orders daily from retailers’ stores, and professionally packs them back at the Weengs warehouse before they are shipped to customers via the couriers the company partners with.

Weengs says it can pack and ship a broad range of products globally, including less obvious items such as plants to musical instruments, electronics and everyday items like cosmetics. It has developed algorithms to pick the most appropriate courier service based on the item and customer priorities.

“Our business is part of the rising omnichannel opportunity we are seeing in retail,” says Pier Ronzi, Weeng’s more recently added co-founder and CEO. “Increasingly, it makes sense for retailers to ship-from-store. Basically cities and stores are becoming distributed inventories that retailers can leverage to increase their business and Weengs helps them [by] offering a one-stop-shop solution for their fulfilment while they can focus on their core activity”.

Since Weengs’ seed round, the team has grown to 70 people and saw Ronzi, who previously worked at McKinsey&Co, join the company. The startup now has around 400 retailers as customers and says it has fulfilled more than 500,000 online orders to date.

“We have learnt that our service saves retailers a huge amount of time and that is the key to our value proposition versus, for example, price,” says Ronzi. Prior to Weengs, customers typically handled fulfilment themselves or used costly fulfilment centres.

To that end, Weengs says it will use the new funding to invest heavily in its new warehouse and accompanying automation and technology. The plan is to “supercharge” operations to be able to fulfil more than 15,000 e-commerce orders per day.

Explains the Weengs CEO: “The packing operations today is mainly manual. In the new automated warehouse we are implementing a process governed by our software and leveraging a packing machine that automatically performs the packing operations: the order item is fed to the machine and, at the end of a quick automated process, the order comes out packed in a very high standard and bespoke box, labelled and ready to be handed over to the carriers. The process becomes heavily automated but we still add the human touch for value added activities such as preparation of fragile items and supervision of the whole process”.


Source: TechCrunch

Amazon China to close local marketplace and place more focus on cross-border

Amazon has finally given up the fight with Chinese online shopping giants to capture the domestic market. On Thursday, the Seattle-based ecommerce company announced it will shut down its marketplace on Amazon.cn, which connects mainland Chinese buyers and sellers, while other units of its local venture will stay intact.

“We are working closely with our sellers to ensure a smooth transition and to continue to deliver the best customer experience possible,” an Amazon spokesperson told TechCrunch, adding that this segment of the business will end on July 18.

The partial retreat, first reported by Reuters and Bloomberg, is indicative of the relentless ecommerce race in China where Alibaba and JD.com dominate, with newcomer Pinduoduo closing on the incumbents’ heels.

But this is hardly the end of Amazon’s China story. The American giant has over the years attracted waves of cross-border sellers, many of whom have hailed from China’s traditional export industry looking to sell cheaply manufactured goods to consumers around the world for lucrative margins. To date, Chinese export suppliers are able to sell to 12 countries that include India, Japan, Australia, Canada, the United States, and five Western European countries.

Other global ecommerce players also have their eyes set on the massive raft of goods flowing out of China, though each comes with a different geographic focus. Alibaba-backed Lazada, for example, is the bridge between Chinese merchants and Southeast Asian shoppers, while Jumia, which just listed in the U.S., exports from China to Africa.

“The biggest appeal [of exporting through Amazon] is the low costs because we are close to a lot of supply chain resources,” a Shenzhen-based vendor selling water-resistant placemats on Amazon told TechCrunch.

In the meantime, China has developed a big craving for imported goods as middle-class consumers now demand higher quality products. Amazon is in the import business, too, although it lags far behind more entrenched players such as Alibaba, of which Tmall Global takes the lead with 29 percent market share in the cross-border ecommerce space according to data from iResearch, dwarfing Amazon’s 6 percent.

That could change if Amazon finds a prominent local partner. Rumors have swirled for months that Amazon was reportedly in talks to merge its import unit with Kaola, the cross-border shopping business run by Chinese internet giant Netease with a 22.6 percent market share.

Not to be forgotten, Amazon also offers cloud computing services to Chinese enterprises although, in this space, it’s again in a direct face-off with Alibaba Cloud, the dominant player in China. Lastly, China remains the largest market for Kindle, so pivotal that the e-reader launched a localized model just for China.

“Over the past few years, we have been evolving our China online retail business to increasingly emphasize cross-border sales, and in return we’ve seen very strong response from Chinese customers,” said the Amazon spokesperson. “Amazon’s commitment to China remains strong—we have built a solid foundation here in a number of successful businesses and we will continue to invest and grow in China across Amazon Global Store, Global Selling, AWS, Kindle devices and content.”


Source: TechCrunch

Bankin’ raises $22.6 million for its financial coach

French startup Bankin’ is raising a new $22.6 million funding round (€20 million). The company has managed to attract 2.9 million users in France and wants to become the only app you need to manage your money.

Overall, Bankin’ has raised over $32 million (€28.4 million). Investors include Omnes Capital, Commerz Ventures, Génération New Tech, Didier Kuhn, Simon Dawlat and Franck Lheurre.

Bankin’ first developed an aggregator so that you could view all your bank accounts from a single app. The company has been using a combination of APIs and scrapping to connect to nearly all French banks, 85 percent of Spanish and British banks and 65 percent of German banks.

The app automatically categorizes your transactions and sends you push notifications to alert you of important changes. There’s also a budget feature that can predict how much money you’ll have at the end of the month.

Bankin’ went one step further and started adding transfers from the app. If you want to ditch your bank app, you need to be able to view your balance and your transactions, but you also need to be able to send and receive money.

And now, Bankin’ wants to become your financial coach with automated recommendations and human-powered conversations. The app has been redesigned a couple of months ago to put these recommendations front and center.

For instance, the app can tell you if it’s time to renegotiate your loan, or that you should optimize your savings. The startup partners with other fintech companies, such as Yomoni, Pretto, Transferwise and Fluo, as well as online banks. This could be an interesting acquisition channel for other companies and a good revenue opportunity for Bankin’.

Finally, Bankin’ also sells access to its API called Bridge. For instance, Sage, Milleis Banque, Cegid and RCA use Bridge so that you can connect your third-party bank accounts and view them from your main bank account.

With today’s funding round, the company plans to hire reasonably. There are now 50 people working for Bankin’ and the startup plans to hire 20 more people this year.


Source: TechCrunch

How emotion-tracking A.I. will change computing as we know it

Affectiva is just one of the startups working to create emotion-tracking A.I. that can work out how you’re feeling. Here’s why this could change the face of computing as we know it.

The post How emotion-tracking A.I. will change computing as we know it appeared first on Digital Trends.


Source: Digital trends

Phantom Auto raises $13.5M to expand remote driving business to delivery bots and forklifts

Remote driving startup Phantom Auto has raised $13.5 million of financing in a Series A round led by Bessemer Venture Partners — capital used to expand a logistics business targeting sidewalks, warehouses and cargo yards, all the places where autonomy and teleoperation are being deployed today.

The startup, founded in 2017, has raised about $19 million to date. Byron Deeter and Tess Hatch from Bessemer have joined Phantom’s board.

The so-called “race” to deploy self-driving trucks, robotaxi services and other applications of autonomous vehicle technology on public roads has encountered a speed bump of sorts that has sent ripples throughout the nascent industry.

In short: autonomous vehicles are hard and everyone seems to be waking up to that fact.

As deployment timelines have moved, companies have quieted. Some have pivoted, shuttered, or been snapped up in acquisitions by other better capitalized companies looking for talent. Other companies, like Phantom Auto that are adjacent to the industry, are expanding into new areas as they wait for autonomous vehicle developers to catch up.

Phantom Auto co-founder Elliot Katz emphasized that the company is still working with customers deploying autonomous passenger and commercial vehicles on public roads. This new logistics business, however, holds more near-term potential. 

“We continue to be designed into our customers’ stacks who are focusing on AVs on public roads, but it will take some time for autonomous passenger vehicles and commercial trucks to be deployed at scale,” Phantom founder Shai Magzimof said in a statement.

The company is working with some of the largest logistics companies in the world, Katz said. Phantom Auto isn’t providing a full list of customers yet. One named partner is Dutch yard truck manufacturer Terberg.

Katz told TechCrunch that customers include companies launching autonomous delivery robots. They’re also using the platform to remotely operate forklifts and yard trucks equipped with its teleoperation software. Yard trucks are used by major retailers, for example. 

There has been zero innovation with yard trucks in the past 40 years,” Katz said. “And customers in this segment, are itching to gain efficiencies. That’s that’s the name of the game for them. They see this as a path to get there.”

Phantom Auto’s teleoperation platform allows a remote driver, sometimes located thousands of miles away, to take control of an autonomous vehicle if needed. The platform, which uses public cellular networks, isn’t designed to take over in a split second in hopes of avoiding an accident. Instead, it’s used as a safety backup to take control of the vehicle if it encounters a difficult scenario and gets confused, or is even involved in an accident.

In the logistics application, the Phantom Auto system is used in low speed environments. A remote control center could control a company’s yard trucks anywhere in the country.

Phantom Auto isn’t employing the remote drivers in this use case. Instead, Katz said these logistics customers typically want to train their own employees how to use the platform. And this doesn’t necessarily replace drivers who are on the ground operating these yard trucks or forklifts. The system is seen as a way to use workers at one location that is experiencing a lull in activity to remotely operate a busier spot farther away.

For delivery robots, the platform can be used to help the vehicle handle tricky situations like stairs or other complex environments.

 

 


Source: TechCrunch

Galaxy Fold broken screens and more: The good and bad of Samsung's new foldable phone – CNET

Our Galaxy Fold screen is in good shape, and the ongoing review continues.
Source: CNET

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