Planning a Mars mission, a global telecommunications network for inexpensive internet service and creating an interplanetary hedge against World War Three isn’t cheap, so it’s no wonder that SpaceX is closing on $500 million in new cash through a financing round led by Fidelity, according to […]
GrokStyle’s simple concept of “point your camera at a chair (or lamp, or table…) and find others like it for sale” attracted $2 million in funding last year, and the company has been putting that cash to work. And remarkably for a company trying to […]
Watch out all you well-paid, fat-and-sassy jazz marimba players: Shimon, the marimba playing robot, is after your jobs. Shimon is the brainchild of the Robotic Musicianship Group at Georgia Tech and I’ve been following his career for a few years now. In this video, taken at the Ferst Center Presents as part of Atlanta Science Festival, Shimon and a band led by Zachary Robert Kondak jam out to Kondak’s latest rock opera. That’s Richard Savery on the sax.
Watch it. It’s wild.
The truly amazing part of the show has to be drummer Jason Barnes’ mechanical arm that he uses to play beats live in time with Shimon’s tapping. It’s a melding of man and machine that is truly awe-inspiring.
So you’ve had it good so far, all you jazz vibraphonists. Now that robots are gunning for your jobs the jig might be up.
The FTC has announced that they’ve issued temporary restraining orders and frozen the assets of a team of three defendants who pitched investment advice as the Bitcoin Funding Team and My7Network. The FTC claims that the defendants “promised big rewards for a small payment of […]
Society is beginning to wake up to a tremendous shift in one of the most fundamental underpinnings to how we live our lives: the credit system. Even though it’s not commonly known, credit infrastructure has existed about as long as civilization itself. In one way […]
The Tingles team has not done much in the way of promotion, but the app has already built a fairly sizable following in its community. That’s one of the nice things about a targeted product — it spreads fast.
In the year since Slovenian co-founders Gasper Kolenc and Miha Mlakar launched, the service has focused almost exclusively on ASMR — autonomous sensory meridian response — those whispered, pleasant-sounding videos that give listeners a sense of low-level euphoria. The service is about to get a big push, with help from Y Combinator.
“We were just trying to figure the best way to build it for artists and the community,” Mlakar, who also serves as the company’s CPO, tells TechCrunch. “We established all of these relationships. All of the features came from the community. We needed time to work on the product.”
In spite of a lack of promotion, the company says it’s pulled in 60,000 monthly active users, bout a third of whom use the product every day. The site’s content is created by more than 200 “artists” (a term taken from the ASMR community’s almost-too-clever “ASMRtist”), many of whom were poached from YouTube.
Google’s video service has, of course, been ground zero for the rise of the ASMR online phenomenon. And while Mlakar admits that it’s proven a valuable resource for the community (it was where he first learned of the concept), the co-founder believes there were still issues unserved by YouTube’s catch-all approach to online video.
“I think YouTube is great for discovery,” says Mlakar. “I discovered ASMR on there. But when you become a regular user, it becomes a problem. The main thing is the ads. If you’re listening to ASMR to fall asleep and you’re just about to doze off, then a loud commercial wakes you up, it’s really unpleasant.”
The other benefits of offering such a hyper-focused service include a better monetization model for creators. The service is available ad-free for free, but the company is working with creators to develop exclusive premium content deals, along with other features like tipping. Creators are vetted through a short approval process, and Tingles does police the videos. But while the app — and most ASMR proponents — are quick to point out that the phenomenon itself isn’t a sexual one, there are indeed “more erotic channels,” according to Mlakar.
For Tingles, ASMR is just the beginning. Mlakar describes the Android/iOS app as “basically the best place to find any video content that helps you relax and fall asleep,” and future plans include a larger push into other relaxation categories, like meditation/mindfulness.
Facebook suspends Cambridge Analytica, the data analysis firm that worked on the Trump campaign – TechCrunch
Facebook announced late Friday that it had suspended the account of Strategic Communication Laboratories, and its political data analytics firm Cambridge Analytica — which used Facebook data to target voters for President Donald Trump’s campaign in the 2016 election. In a statement released by Paul […]
Drama is heating up between the dating apps. Tinder, which is owned by Match Group, is suing rival Bumble, alleging patent infringement and misuse of intellectual property. The suit alleges that Bumble “copied Tinder’s world-changing, card-swipe-based, mutual opt-in premise.” The lawsuit also accuses Tinder-turned-Bumble employees […]
There’s a new twist in the BroadQualm saga this afternoon as Qualcomm has said it won’t renominate Paul Jacobs, the former executive chairman of the company, after he notified the board that he decided to explore the possibility of making a proposal to acquire Qualcomm.
The last time we saw such a huge exploration to acquire a company was circa 2013, when Dell initiated a leveraged buyout to take the company private in a deal worth $24.4 billion. This would be of a dramatically larger scale, and there’s a report by the Financial Times that Jacobs approached Softbank as a potential partner in the buyout. Jacobs is the son of Irwin Jacobs, who founded Qualcomm, and rose to run the company as CEO from 2005 to 2014. Successfully completing a buyout of this scale would, as a result, end up keeping the company that his father founded in 1985 in the family.
“I am glad the board is willing to evaluate such a proposal, consistent with its fiduciary duties to shareholders,” Jacobs said in a statement. “It is unfortunate and disappointing they are attempting to remove me from the board at this time.”
All this comes following Broadcom’s decision to drop its plans to try to complete a hostile takeover of Qualcomm, which would consolidate two of the largest semiconductor companies in the world into a single unit. Qualcomm said the board of directors would instead consist of just 10 members.
“Following the withdrawal of Broadcom’s takeover proposal, Qualcomm is focused on executing its business plan and maximizing value for shareholders as an independent company,” the company said in a statement. “There can be no assurance that Dr. Jacobs can or will make a proposal, but, if he does, the Board will of course evaluate it consistent with its fiduciary duties to shareholders.”
Broadcom dropped its attempts after the Trump administration decided to block the deal altogether. The BroadQualm deal fell into purgatory following an investigation by the Committee on Foreign Investment in the United States, or CFIUS, and then eventually led to the administration putting a stop to the deal — and potentially any of that scale — while Broadcom was still based in Singapore. Broadcom had intended to move to the United States, but the timing was such that Qualcomm would end up avoiding Broadcom’s attempts at a hostile takeover.
BroadQualm has been filled with a number of twists and turns, coming to a chaotic head this week with the end of the deal. Qualcomm removed Jacobs from his role as executive chairman and installed an independent director, and then delayed the shareholder meeting that would give Broadcom an opportunity to pick up the votes to take over control of part of Qualcomm’s board of directors. The administration then handed down its judgment, and Qualcomm pushed up its shareholder meeting as a result to ten days following the decision.
“There are real opportunities to accelerate Qualcomm’s innovation success and strengthen its position in the global marketplace,” Jacobs said in the statement. “These opportunities are challenging as a standalone public company, and there are clear merits to exploring a path to take the company private in order to maximize the company’s long-term performance, deliver superior value to all stockholders, and bolster a critical contributor to American technology.”
It’s not clear if Jacobs would be able to piece together the partnerships necessary to complete a buyout of this scale. But it’s easy to read between the lines of Qualcomm’s statement — which, as always, has to say it will fulfill its fiduciary duty to its shareholders. The former CEO and executive chairman has quietly been a curious figure to this whole process, and it looks like the BroadQualm saga is nowhere near done.
Upload, the VR startup which was rocked by a sexual harassment suit exactly one year ago, is shutting down both its San Francisco office and its 20,000 sq. foot Los Angeles co-working space as it struggles to secure new funding, multiple sources tell TechCrunch. All […]