[TECH] Tech stocks tanked for the second straight day

 It’s been a bad few days for tech stocks. The FANG stocks, a moniker used to collectively describe Facebook, Amazon, Netflix and Google (now Alphabet) have had a rough two days on Wall Street. And even though Apple isn’t included in the original FANG group (which was designed to describe a grouping of high-risk but high-reward mega-growth stocks), the company has also underperformed… Read More
#Google #TechStocks #Netflix #Finance #Apple
Google TechStocks Netflix Finance Apple

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[TECH] Uber’s board votes unanimously to adopt all recommendations of Holder report

 Uber’s Board of Directors has voted unanimously to implement all of the recommendations contained within the report it commissioned from former U.S. Attorney General Eric Holder and his legal partners Tammy Albarrán. The board met Sunday to discuss the recommendations, which reportedly include a suggestion that Uber SVP Emil Michael, a trusted confidant of CEO Travis Kalanick, be asked… Read More
#Transportation #Automotive #Uber #TC
Transportation Automotive Uber TC

[TECH] ‘Man fighting in the middle of town’ is not Grand Theft Auto for iOS

 “Man fighting in the middle of town” may not be the Grand Theft Auto VI we’ve been waiting for, but it’s the one 2017 deserves. The iOS game, which launched its 1.0 version yesterday initially piqued my attention through its perhaps-not-quite fair use of Grand Theft Auto V screenshots as the app icon and description photos. My hopes that someone had snuck a free port of… Read More
#TC
TC

[TECH] OwnLocal acquires Wanderful, a local deal startup backed by newspaper giants

 OwnLocal has acquired Wanderful Media, bringing together two companies focused on local advertising and deals. OwnLocal works with local newspapers to turn traditional print ads into digital campaigns. Wanderful, meanwhile, operates Find&Save, a website and app that brings the newspaper deals and coupons online. Read More
#TC #WanderfulMedia #Startups #AdvertisingTech #Media
TC WanderfulMedia Startups AdvertisingTech Media

[TECH] Gunshot detection technology ShotSpotter soars 26% in public debut

 Investors greeted ShotSpotter with a warm reception on Wednesday, on its first day as a public company. After pricing the IPO at $11, the stock closed at $13.86, or up about 26 percent. ShotSpotter notifies police departments about gun violence by using sensors that ignore ambient noise. Their sophisticated technology alerts authorities within 45 seconds of the trigger being pulled. Read More
#TC #Fundings&Exits #ShotSpotter #IPO
TC Fundings ShotSpotter IPO

[TECH] Audi is the first to test autonomous vehicles in New York

 In May of this year, the state of New York opened up an application process for companies that wanted to test autonomous vehicles there. Audi snagged the first license and will begin testing near Albany in the coming weeks. The Audi A7 that will do the first demo at the New York state capital is not new to the company’s fleet of autonomous test cars. With licenses to test in Nevada… Read More
#Audi #Nvidia #DriverlessCars #AutonomousVehicles #TC
Audi Nvidia DriverlessCars AutonomousVehicles TC

[TECH] Facebook is broken

 The problem is this: Facebook has become a feedback loop which can and does, despite its best intentions, become a vicious spiral. At Facebook’s scale, behavioral targeting doesn’t just reflect our behavior, it actually influences it. Over time, a service which was supposed to connect humanity is actually partitioning us into fractal disconnected bubbles. The way Facebook’s… Read More
#TC #Opinion
TC Opinion

SpaceX successfully launches reused Dragon spacecraft for ISS resupply

[TECH] SpaceX successfully launches reused Dragon spacecraft for ISS resupply

 SpaceX’s CRS-11 launch on Saturday was a success, bringing a Dragon spacecraft loaded down with nearly 6,000 lbs of supplies and research equipment on board to orbit. The twist was that SpaceX already sent this Dragon capsule up to resupply the International Space Station once before – back in September 2014, when it carried cargo to the ISS prior to being recovered and… Read More
#Space #Science #SpaceX #TC
Space Science SpaceX TC

[TECH] Lorem raises $1.1M to connect small businesses and web developers for quick assistance

 When small and medium businesses want to build a website, they can take advantage of easy-to-use web tools like Squarespace — but who do they turn to when they need more technical help? New York City startup Lorem Technologies is trying to make this process easier. Read More
#TC #Fundings&Exits #WebsiteBuilders #Sam-wilcoxon #Lorem
TC Fundings WebsiteBuilders Sam Lorem