Walmart is bringing VR instruction to all of its U.S. training centers


This post is by Lucas Matney from TechCrunch


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 Walmart, the world’s largest retailer, will soon be using virtual reality to help train its employees on topics like management and customer service. VR instruction will be used at each of the retailer’s 200 “Walmart Academy” training centers in the U.S. by the end of the year, helping educate the estimated 150,000 employees that will go through the program each year.… Read More

ICOs and VCs


This post is by Fred Wilson from AVC


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The Brave browser team concluded an ICO for their Basic Attention Token yesterday in about thirty seconds. This led to this tweet:

Of course folks will see ICOs as the end of the hated VC era of startup funding. And there is some truth to that.

But I see it a bit differently:

  1. Brave was VC funded prior to doing their ICO. We talked to Brendan when he was doing his seed round. He’s a great entrepreneur and technologist and he has assembled a terrific team. Although we are not investors in the company, we are sympathetic to the cause they are addressing. VC has had role in the Brave story. It helped them launch a product and get

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Crunch Report | 2017 Internet Trends Report


This post is by Khaled "Tito" Hamze from TechCrunch


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Today’s Stories  Read Mary Meeker’s essential 2017 Internet Trends report Nest’s latest home camera is the super smart Nest Cam IQ Elon Musk will leave Trump councils if U.S. withdraws from Paris agreement Samsung’s elusive Bixby voice assistant is reportedly still weeks away from launching Credits Written by: Tito Hamze, John Mannes Hosted & Edited… Read More

How sales took Ysiad Ferreiras from gang violence in the Bronx to Silicon Valley


This post is by Ruben Harris from TechCrunch


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 Silicon Valley has very few executives that have a LatinX background, and today’s Breaking Into Startups Episode features a young Dominican from the Bronx named Ysiad Ferreiras that survived gang violence, became an engineer, and is now the VP of Sales for a company called Hustle. Read More

NTT Data announces strategic investment in NoSQL database provider MarkLogic


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 NTT Data, the large Tokyo-based global IT services provider, today announced that it has made a strategic investment in database provider MarkLogic. The two companies declined to reveal the size of the investment, but Dave Ponzini, MarkLogic’s EVP of Marketing and Corporate Development, tells me it was “not a huge amount but not an insignificant amount either.” Read More

AT&T acquisition of Time Warner will not be blocked by Trump, CEO predicts


This post is by Katie Roof from TechCrunch


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 Time Warner CEO Jeff Bewkes talked about the pending sale to AT&T on stage at Code Conference in Rancho Palos Verdes, California on Wednesday. Bewkes told the largely tech and media crowd that he doesn’t think that the Trump administration will have a big impact on the proposed deal, despite previous claims by the president that he’s against it.  Bewkes hoped that the… Read More

Uber’s head of finance is leaving


This post is by Megan Rose Dickey from TechCrunch


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 Uber’s head of finance, Gautam Gupta, is leaving the company in July, the Wall Street Journal reports. TechCrunch has since confirmed this news with Uber. Gupta’s plan is to join another San Francisco-based startup as COO, but it’s not clear what that startup is. News of his impending departure comes as Uber has reported losses of $708 million. In Q1, Uber’s revenue… Read More

How should startups work with city governments?


This post is by Shaun Abrahamson from TechCrunch


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 If you want to re-imagine cities, you’ll likely work with city government. Sometimes this means city governments will your customer, but far more often founders will encounter an unfamiliar relationship that includes policy, regulations and enforcement. There are great resources to guide founders through all aspects of customer discovery, but there aren’t yet great frameworks… Read More

Amazon begins offering refunds for unauthorized in-app purchases


This post is by from TechCrunch


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 Were you one of the many parents surprised to find hundreds of dollars’ worth of Smurfberries charged to your card a few years back? Amazon’s lax in-app purchasing requirements let kids all over the country buy coins and crystals to their hearts’ content, something the FTC frowned on. News that refunds would be available soon broke in April, and the time has come at last. Read More

Revenue, I choose you! The Pokémon Company’s profits jump by 2,500 percent


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 It’s been a banner year for The Pokémon Company: Pokémon GO was a global phenomenon and the latest full-on Pokégame for the 3DS sold very well indeed. One would expect the company to be doing well financially — perhaps even doubling or tripling last year’s profits. Well, apparently it quinvigintupled them, which is to say multiplied by 25 times. (I had to look it up.) Read More

Silk Road founder loses his appeal, will serve a life sentence for online crimes


This post is by Taylor Hatmaker from TechCrunch


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 On Wednesday, an appellate court shot down Silk Road creator Ross Ulbricht’s effort to avoid spending the rest of his life behind bars. Two years ago, Ulbricht was sentenced to life in prison for his role in running the dark web exchange, best known as a once-thriving online marketplace for drug transactions. Ulbricht was sentenced in 2015 after a court found that he operated Silk Road… Read More

Mary Meeker’s latest trends report highlights Silicon Valley’s role in the future of healthcare


This post is by Sarah Buhr from TechCrunch


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 Mary Meeker’s latest Internet Trends Report, out today, was full of insights on how tech is shaping our future — including now in healthcare. This was the first year Meeker included healthcare in her report and it shows just how much of a role tech is going to play in improving our lives going forward. Here are a few key insights from the report. Read More

Study suggests last-mile drone delivery could lower carbon footprint


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 There’s always been talk about how drones could improve the emissions situation produced by our truck-based delivery infrastructure. But you have to look into these things. A new study from University of Washington researchers indicates that drone delivery may indeed lead to a lower carbon footprint — if it’s done properly. Read More

Occipital launches low-cost AR/VR tracking platform for all-in-one headsets


This post is by Lucas Matney from TechCrunch


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 Some of the most annoying parts of today’s virtual reality hardware are all the wires and the sensors needed to accurately track the headset. With all-in-ones, all of that hardware has to find its way into the headset and track your location in a low-power way. Today, the SF-based Occipital is showing off a tracking platform optimized for all-in-one headsets that will allow users to… Read More

Clinton: “email account was turned into the biggest scandal since Lord knows when”


This post is by Katie Roof from TechCrunch


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 Hillary Clinton appeared on stage at Code Conference on Wednesday in Rancho Palos Verdes, California and reflected on why she lost the U.S. 2016 presidential election. Unsurprisingly, the widespread coverage of her unsecured email usage was a sour point. The “email account was turned into the biggest scandal since Lord knows when.” She griped that the “mainstream media… Read More

Hillary Clinton says the DNC has really, really bad data


This post is by Taylor Hatmaker from TechCrunch


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 In an interview that quickly turned into an election post-mortem, Hillary Clinton slammed the Democratic National Committee’s poor data for playing a role in her lost bid for the U.S. presidency.
On stage at the Code Conference with Walt Mossberg and Kara Swisher, Clinton praised her campaign’s own data team before launching into a scorching criticism of the DNC’s data… Read More

Essential is trying to build Android for the smart home


This post is by Brian Heater from TechCrunch


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 Andy Rubin’s appearance at the Code Conference last night went a ways toward answering some lingering questions about his new company, Essential. But the conversation primarily centered around the startup’s upcoming phone — Rubin left the dialogue around the company’s take on a smart phone hub, Home, intentionally vague. But the CEO did take the opportunity to… Read More