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Crunch Report

<b>Today’s Stories</b><p>WikiLeaks publishes 19,252 DNC-related emails packed with personal information<br>• Reddit is still in turmoil<br>• Pokémon Go finally goes live in Japan with McDonald’s the first sponsored location<br>• Verizon is close to buying Yahoo assets: sources<br>• Judge finds Gravity4 CEO Gurbaksh Chahal violated …

Domestic Violence

Bad UX kills

It clogs systems, causes accidents, wastes energy and makes people unhappy. It’s more than a bad experience on a website — in cities, bad user experience (UX) design can actually kill. We’re talking about signage, public spaces, civic and emergency communications and other forms of urban design …

Cities

WikiLeaks Publishes DNC Emails | Crunch Report

Running at 150,000 RPM, this tiny motor could help satellites keep on course

The future is small in space: picture Cubesats the size of toasters and Femtosats an inch across crowding the skies. A newly invented motor that’s both tiny and powerful goes hand in hand with that vision, providing compact spacecraft with the ability to adjust their position without using a drop …

Satellites

Dots & Co. tweaks the Dots games by adding a friendly companion

Dots & Co., the follow-up to the popular puzzle games Dots and Two Dots, launched on iOS and Android earlier this week.<p>If reading about the new game isn’t enough for you, you can watch me try it out in the video above.<p>In many ways, Dots & Co. should feel pretty familiar to fans of the previous …

Redbox is giving streaming another shot

After unceremoniously putting the old kibosh on it Instant service back in 2014, your friendly neighborhood DVD dispenser Redbox is ramping up to give streaming another go. The movie distributor, whose vending machines have become a supermarket mainstay across the US, is taking another shot at …

Redbox

Waiting for the right professional network

I recently asked an investor for some SEO advice (because he had run B2C companies). He came on a call to give his opinions on what we had done till then with SEO. I thanked him on LinkedIn. A few hours later, another SEO consultant offered his input. Curiously, he had a recommendation on his …

Networking

Pokémon Go is doing a lot of good, here are 3 surprising ways

“What are they doing?”<p>That was the question an older woman, probably around 70 or so, asked me yesterday. She was pointing to a group of 18-ish boys and girls near a YMCA, the biggest (and, so far, only) Pokestop in the city where I live. Without exception, the teens were all staring at their …

Exercise

Judge finds Gravity4 CEO Gurbaksh Chahal violated probation in domestic violence case

A San Francisco judge ruled today that ad tech CEO Gurbaksh Chahal violated his probation in a domestic violence case. The judge ordered Chahal to surrender his passports to the court on Monday and will determine his sentence on August 12.<p>Chahal’s legal woes began when was accused of attacking a …

Domestic Violence

A $99 add-on that promises to bring 3D sound to standard headphones

3D sound, it’s, ahem, all around you. From the look (or, rather, sound of it), hardware startups are convinced that the effect is set to be the next big thing in consumer audio, and Kickstarter, accordingly, is littered with headphones that promise a more immersive listening experience akin to the …

Headphones

Too much big data running through my brain

Big Data by all accounts is supposed to help humans perform better by augmenting our limited brain power. Computers, after all, have the ability to crunch data with lightning speed, something humans just haven’t been built to do.<p>Conventional tech wisdom states that the more data you have, the …

The Brain

How Facebook Messenger clawed its way to 1 billion monthly users

Facebook’s gamble of forcing users to download Messenger has paid off. Despite the backlash, Messenger has doubled its user count in twenty months to reach the one billion user mark five years after its debut. Messenger joins Facebook, its acquisition WhatsApp, and Google’s YouTube in the billion …

Facebook

Uber has completed 2 billion rides

It took Uber six years to complete a billion rides around Christmas 2015. Now, just six months later, the company has announced that they have completed their two-billionth ride.<p>Six months is 180 days, meaning the company was providing an average of 5.5 million rides a day, or 230,000 an hour to …

Uber

Man behind web’s biggest illegal film site arrested following (legal) iTunes purchase

Here’s a dose of irony for you this fine day: the internet just lost its most prolific source of illegal movies after its founder was nabbed after buying something legally, on iTunes.<p>KickassTorrents (KAT), a torrent website that has surpassed The Pirate Bay as the place to go for unofficial copies …

iTunes

100% Fun

If 2016 taught us anything it’s that the Internet isn’t fun anymore. It’s not that a soulless network of computers interconnected via TCP/IP was ever supposed to be fun. It’s that eventually fun overlaid itself on that network and created a world where nearly everyone could interact without fear. …

Internet

Harassment of Ghostbusters’ Leslie Jones shows Twitter needs to change

Leslie Jones, the star of the new “Ghostbusters” reboot and a cast member on “Saturday Night Live,” announced she was leaving Twitter after trolls bombarded her with racist comments.<p>“I leave Twitter tonight with tears and a very sad heart,” Jones tweeted before going silent on her account, where …

Harassment

Twitter finally bans Milo Yiannopoulos, one of its most notorious trolls

Twitter has permanently suspended Milo Yiannopoulos, an editor at the conservative news outlet Breitbart and one of its most notorious trolls.<p>The expulsion of Yiannopoulos, who counted more than 300,000 followers on the service, comes just one day after he urged on a hateful mob that harassed …

Milo Yiannopoulos

Number26 is now a true bank as it now has a full banking license

Berlin-based startup Number26 is trying to reinvent the bank. This might sound crazy, and that's why the startup has processed step by step. After partnering with Wirecard for the banking back end, attracting 200,000 users and raising tens of millions of dollars, the company now has a full banking …

Banking

Will photo art phenom Prisma raise or get bought?

Prisma morphs your photos into fine art like Picasso or Mondrian, and it’s blowing up the iOS app charts. Today it came out in unofficial APK beta on Android. But what will be the fate of this red-hot social product? We’ve heard Prisma is in talks with investors about raising funding, but it might …

Instagram

Reddit is still in turmoil

It’s been one year since Reddit revolted. When the company cracked down on revenge porn and subreddits containing offensive content last summer, the backlash was swift and ultimately led to the ouster of interim CEO Ellen Pao.<p>Although Pao was seen as the driving force behind efforts to make Reddit …

Reddit

Dollar Shave Club CEO Michael Dubin on Unilever Acquisition

As an early investor in Dollar Shave Club, I spoke with CEO Michael Dubin about the company’s acquisition by Unilever and the journey to this point on the latest episode of Venrock’s podcast, Running Through Walls.<p>Many people remember the humorous viral video that first launched the company. “I was …

Unilever

Unilever buys Dollar Shave Club for reported $1B value

Unilever creates and captures a unicorn with its plans to acquire Dollar Shave Club.<p>Announced this evening, the $130 billion dollar multinational consumer goods company is speculated to be paying $1 billion for the startup, according to reports from Fortune.<p>Dollar Shave Club has grown to become a …

Unilever

Verizon is close to buying Yahoo assets: sources

The protracted question of who is buying beleaguered Yahoo may finally have an answer.<p>According to three reports published today, and our own sources, Verizon (which owns TechCrunch by way of AOL) is now the most likely company to snap up the company’s core assets — which include its search, …

Yahoo

Yahoo’s latest disappointing quarter pretty much sums up the past few years

Yahoo missed its earnings expectations by just a hair, and the company once again wrote down Tumblr. The stock went nowhere.<p>That is pretty much the story of Yahoo for the past few years. Even in just the past year, Yahoo’s core business has been in decline. Even before Mayer’s takeover in 2102 the …

Yahoo

PayPal ticks up 5% on earnings, Visa partnership

PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion. Earnings per share was also in line with Wall Street estimates at 36 cents.<p>Shares quickly ticked up 5%, in part because of a Visa announcement that was …

PayPal

Pandora has mediocre earnings with listeners leaving and Rdio still silent

Pandora announced mixed earnings today following news that Pandora’s board rejected a $3.4 billion acquisition offer at about $15 per share from Sirius XM radio owner Liberty Media, according to the Wall Street Journal. That would have been a few dollars higher than its existing price, signaling …

Pandora

Microsoft’s Q4 earnings beat with $22.6B in revenue, $0.69 EPS

Microsoft today reported earnings for its fourth fiscal quarter of 2016, its first earnings report after announcing its proposed acquisition of LinkedIn. The company’s earnings came in at a non-GAAP revenue of $22.6 billion and $0.69 of adjusted per-share profit.<p>Wall Street expected the company to …

Revenue

Netflix falls 15% after missing subscriber expectations

Netflix reported earnings after the bell on Monday, seeing its shares quickly tumble 15% in after-hours trading after missing the mark on subscriber growth.<p>In the second quarter of the year, the digital entertainment company added just 1.7 million members, beneath the company’s own forecast of 2.5 …

Fortune 500

Apple could release an iPhone 7 Pro with a dual-camera system

Welcome to rumorland, where we look at smoke from afar to figur out if there’s any fire. This time, signs point to a new iPhone 7 Pro. In addition to the iPhone 7 and iPhone 7 Plus, the Pro model would feature a dual-camera system as well as a smart connector at the back.<p>Two photos spotted by …

Mobile Photography

Elon Musk reveals Tesla’s master plan

Elon Musk plans to steer Tesla towards fully autonomous driving, car sharing, and cargo transport, according to the long awaited blog post on the company’s website. A fully solar power ecosystem driven in-part by SolarCity will help Musk and Co. get there.<p>Musk has been teasing the master plan part …

Elon Musk