Category: TC

Facebook’s latest ‘transparency’ tool doesn’t offer much — so we went digging

Just under a month ago Facebook switched on global availability of a tool which affords users a glimpse into the murky world of tracking that its business relies upon to profile users of the wider web for ad targeting purposes. Facebook is not going boldly into transparent daylight — but…

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Molekule hopes to clear the air with $58 million in Series C funding and Berkeley Lab’s seal of approval

Silicon Valley air purifier startup Molekule was born out of an idea Dr. Yogi Goswami had back in the ’90s using photo-voltaic technology to kill air pollutants. His son, a young boy at the time, suffered from severe allergies and Dr. Goswami wanted to build something those like him could…

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Relativity Space CEO Tim Ellis talks 3D-printed rockets at TC Sessions: Space in LA

The launch industry is undergoing a number of major changes, among them the shift from traditional manufacturing to 3D printing — which Relativity Space is spearheading. The company plans to build 95% of its rocket using the world’s biggest 3D printers, and could launch as early as next year. Co-founder…

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Africa e-tailer Jumia reports first full-year results post NYSE IPO

Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company, with an operations center in China, also anticipates some negative impact on 2020 growth from the coronavirus outbreak, CEO Sacha…

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When that ‘AI company’ isn’t really an AI company

Artificial intelligence is one of the most important fields in technology right now, which makes it ripe for buzzword-savvy startups to leverage for attention. But while machine learning and related technologies are now frequently employed, it’s less common that it’s central to a company’s strategy and IP. It’s important to…

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Daily Crunch: Amazon opens its first cashier-less grocery store

Amazon expands its Just Walk Out technology beyond convenience stores, Intuit acquires Credit Karma in its biggest acquisition ever and Grab raises hundreds of millions of dollars. Here’s your Daily Crunch for February 25, 2020. 1. Amazon opens its first cashierless grocery store Amazon is opening its first grocery store…

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