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Google's Pixel 4 is almost here. These are the rumors we've confirmed so far – CNET

The Pixel 4 and Pixel 4 XL are going to be crucial for Google, and until today’s launch, rumors abound.
Source: CNET

Google Pixel 4 Event: Start time, how to watch, livestream, rumors and announcements – CNET

Full coverage of today’s Made by Google event, including the big Pixel 4 announcements, lives here.
Source: CNET

True Balance raises $23M to bring its payments app to more small cities and towns in India

South Korean startup True Balance, which operates an eponymous financial services app aimed at tens of millions of users in small cities and towns in India, has closed a new financing round as it looks to court more first time users in the world’s second largest internet market.

True Balance said on Tuesday that it has raised $23 million in its Series C financing round from seven Korean investors — NH Investment & Securities, IBK Capital, D3 Jubilee Partners, SB Partners, Shinhan Capital, and existing partners IMM Investment, and HB Investment.

TechCrunch reported earlier this year that True Balance — which has raised $65 million to date including the $38 million that it closed in its previous financing round — was looking to raise as much as $70 million in its Series C round.

True Balance began its life as a tool to help users easily find their mobile balance, or top up pre-pay mobile credit. But in its four-year journey, its ambition has significantly grown beyond that. Today, it serves as a digital wallet app that helps users pay their mobile and electricity bills, and offer credit to customers so that they can pay later for their digital purchases.

true balance

The startup says it has amassed over 60 million registered users in India, most of whom live in small cities and towns — or dubbed India 2 and India 3. Most of these users are coming online for the first time and True Balance says it has an army of local agents — who get certain incentives — to help first time internet users understand the benefit of online transactions and start using the app.

True Balance says it clocks more than 300,000 digital transactions on its app each day. The startup, which recently introduced e-commerce shopping service on its app to sell products like smartphones, has clocked $100 million in GMV sales in the country to date.

Charlie Lee, founder of True Balance, said the startup will use the fresh capital to bulk up the offerings on the app. Some of the features that True Balance intends to add before the end of this fiscal year include the ability to purchase bus and train tickets, digital gold, and book cooking gas cylinders.

True Balance will also expand its lending and e-commerce services, Lee said. Its lending feature was used 1 million times in three months when it was introduced earlier this year. “We aim to strengthen our data and alternative credit scoring strategy to provide better financial services to our target — the next billion Indian users. Our goal is to reach 100 million digital touch points and become one of the top fin-tech companies in India by 2022,� he added in a statement.

Even as more than 600 million users in India are online today, just about as many remain offline. In recent years, many major companies in India have started to customize their services to appeal to users in India 2 and India 3 — who also have limited financial power.


Source: TechCrunch

Harley pulls plug on LiveWire production shortly after EV debut

Harley Davidson has halted production and delivery of its first electric motorcycle LiveWire, after discovering what the Milwaukee-based manufacturer described as a non-standard condition.

Harley Davidson told TechCrunch it is not recalling LiveWire motorcycles already on the road. Reuters was the first to report that Harley Davidson had stopped production and deliveries.

“We recently discovered a non-standard condition during a final quality check; stopped production and deliveries; and began additional testing and analysis, which is progressing well,” HD said in a statement.

“We are in close contact with our LiveWire dealers and customers and have assured them they can continue to ride LiveWire motorcycles. As usual, we’re keeping high quality as our top priority.”

Harley Davidson has not said when production and sale could resume, nor did it provide more information on the non-standard condition.

The production stoppage threatens to derail Harley Davidson’s bet on electrification. The $29,799, 105 horsepower electric motorcycle was to be the first of a future line-up of EVs from HD spanning motorcycles, bicycles and scooters.

The LiveWire went into production in 2019 after years of hints and even concept electric motorcycle roadshow. Delivery to dealers began September 27.

The LiveWire and subsequent EV products are meant to compliment, not replace, Harley Davidson’s premium internal-combustion cruiser motorcycles.

New motorcycle sales in the U.S., particularly to customers aged under 40, have been in the doldrums since the recession. Harley Davidson’s revenues have dropped over the last decade. HD’s shift to electric motorcycles is a bid to hold down its loyal gas-motorcycle following, while creating products to appeal to millennial and the on-demand mobility market.

This puts the iconic American company in a position to hedge competition from a crop of e-moto startups — such as Zero — and jump out front as the EV leader among established motorcycle companies.

Now that strategy could be hampered by this production halt.


Source: TechCrunch

Watch Live: Google's Pixel 4 Hardware Event

New Pixel phones are on the way, and possibly some other hardware surprises. Tune into the live video stream.
Source: Wired

Zoe Kravitz has been cast as Catwoman in The Batman – CNET

Kravitz will play Selina Kyle opposite Robert Pattinson.
Source: CNET

Facebook CEO Mark Zuckerberg responds to report he’s been meeting with conservatives – CNET

The report in Politico helped spur the #DeleteFacebook hashtag.
Source: CNET

Interstellar comet Borisov looks ordinary, making Oumuamua even weirder – CNET

Visitors from deep space might come in all shapes and sizes.
Source: CNET

Cowabunga! Ninja Turtles arcade machine is radical retro fun – CNET

Go, ninja, go, ninja, go!
Source: CNET

How to watch Nationals vs. Cardinals NLCS Game 3 live tonight without cable – CNET

Cord cutters can watch the National League Championship Series on TBS.
Source: CNET

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