Apr
28

Intel hits Q1 targets with revenue of $18.31B but falls short on Q2 estimates

While attending NYU, Mosseri launched his own design firm called Blank Mosseri. The company focused on graphic, interaction, and exhibition design — including making a rendering of what One World Trade Center could look like — and eventually was able to open a second office in San Francisco.

Adam Mosseri Matt Winkelmeyer/Getty Images for WIRED

Source: Yahoo Finance, Adam Mosseri on LinkedIn 

After graduating from NYU in 2005, Mosseri moved out to San Francisco to work out of his design firm's West Coast office. He told the New York Times that he created a music-sharing app called Boombox, which promptly got shut down — but it did catch the attention of Facebook.

Matt Winkelmeyer/Getty Images for WIRED

Source: New York Times, Adam Mosseri on LinkedIn 

Mosseri took a job the following year as an adjunct professor at the Academy of Art University in San Francisco. He stayed on for only one school year, then went to work at a live-video startup called TokBox as its first product designer.

Chief of Instagram Adam Mosseri. Justin Sullivan/Getty Images

Source: Yahoo Finance, Adam Mosseri on LinkedIn 

Mosseri joined Facebook's design team in 2008. His longtime girlfriend (and now-wife), Monica, was already working at the company. The couple got married in 2013 while they both were working at Facebook.

Source: New York Times

In 2012, Mosseri moved over to product management, where he worked on Facebook's mobile app and its failed Facebook Home interface. He was also put in charge of News Feed, tasking him with leading the product through one of Facebook's most difficult periods in 2016, when the platform was flooded with Russian propaganda and fake news during the presidential election.

Facebook and Instagram ads linked to a Russian effort to disrupt the American political process. Jon Elswick/AP

Source: Yahoo Finance, TechCrunch

In his more than a decade at Facebook, Mosseri has reportedly become a "close confidant" to Facebook CEO Zuckerberg. According to a recent profile of Mosseri in the New York Times, the two men exist in similar social circles, go on morning pre-work runs together, and have children around the same age.

Mark Zuckerberg, left, and Adam Mosseri. Drew Angerer/Getty Images; Matt Winkelmeyer/Getty Images for WIRED

Source: New York Times

Mosseri went on paternity leave at the start of 2018 after his wife gave birth to the couple's second child. When he returned to Facebook in May 2018, Mosseri took over as Instagram's VP of product.

Adam Mosseri. Steve Jennings/Getty Images for TechCrunch

Source: Yahoo Finance,  TechCrunch

In September 2018, Instagram co-founders Kevin Systrom and Mike Krieger took the tech world by surprise and announced they were leaving their roles at Facebook, where they served as the photo-sharing app's CEO and CTO respectively. The departure reportedly came after growing tensions between the two cofounders and Zuckerberg over "the direction of the product."

Instagram cofounder Krieger, left; Instagram head Adam Mosseri, center; and Instagram cofounders Kevin Systrom. Instagram

Source: Business Insider

A week later, Facebook announced that Mosseri would take over as head of Instagram, after serving in six different roles at Facebook. In the announcement, Facebook touted Mosseri's background in design and "deep understanding of the importance of community." He was also tasked with recruiting a new executive team for the company to replace himself and other recent departures.

Reuters/Beck Diefenbach

Source: Business Insider, TechCrunch

Mosseri's entry into the leading role at Instagram was reportedly met with skepticism internally at Facebook. But in his first year on the job, Mosseri pushed out a number of measures meant to improve user safety and integrity, especially related to bullying and mental health.

Justin Sullivan/Getty Images

After Instagram was blamed for the suicide of British teenager Molly Russell in early 2019, Mosseri acknowledged the platform wasn't doing enough and Instagram banned all graphic images of self-harm soon afterwards.

However, the most significant change that's happened during Mosseri's tenure is Instagram's experiment with hiding public 'likes' on posts — internally referred to as "Project Daisy." Mosseri has said the purpose of the test is to create "a less pressurized environment where people feel comfortable expressing themselves." The change is being tested on users around the world, but Mosseri has hinted the rollout could extend to everyone "early this year."

Samantha Lee/Business Insider

Mosseri said the project was at least partially inspired by an episode of "Black Mirror."

Source: Business Insider, New York Times

Mosseri's family is one of several tech executives who have been victims of swatting: prank calls made to police or 911 in an attempt to get a large police response, like a SWAT team, sent to someone else's home.

CBS This Morning/YouTube

In November 2019, an emergency caller reported a shooting at Mosseri's home in San Francisco. Two days later, someone claiming to be Mosseri's brother called 911 to say he shot his wife three times, sending police to the address of the New York City apartment that the sibling owns.

Original author: Paige Leskin

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Jan
25

30 Big Tech Predictions for 2020

Digital transformation has just begun.

Not a single industry is safe from the unstoppable wave of digitization that is sweeping through finance, retail, healthcare, and more.

In 2020, we expect to see even more transformative developments that will change our businesses, careers, and lives.

To help you stay ahead of the curve, Business Insider Intelligence has put together a list of 30 Big Tech Predictions for 2020 across Banking, Connectivity & Tech, Digital Media, Payments & Commerce, Fintech, and Digital Health.

This exclusive report can be yours for FREE today.

Original author: Business Insider Intelligence

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Jan
25

With a new LA office and a forthcoming creator studio, TikTok is poised to take on Instagram and YouTube (GOOG, FB)

TikTok

TikTok has also been plagued by security concerns and over reports of censorship at the request of the Chinese government. Several senators have asked for investigations into TikTok as a national security risk, and the Army and Navy have both barred TikTok from government phones. These concerns don't seem to have hurt the company: it was the second-most-downloaded app in the Apple App Store and Google Play store in 2019, surpassed only by Facebook-owned WhatsApp. TikTok has 1.65 billion downloads to date, according to SensorTower. It might also be closing in on Instagram and Snapchat in numbers of active users, though TikTok hasn't disclosed those numbers. Instagram reached 1 billion monthly active users in 2018, while Snapchat has over 300 million.

TikTok has been closing in on these company in other ways, too. In 2019, the company opened an office in Mountain View, California, just minutes away from Instagram-owner Facebook's headquarters. The office that TikTok moved into was formerly occupied by WhatsApp, another Facebook company.

CNBC reported that TikTok poached more than two dozen Facebook employees, along with workers from Snapchat, Hulu, and Google, which owns YouTube. Facebook and TikTok both appear aware of their growing competition. A November report revealed that Facebook spent six months in 2016 trying to buy Musical.ly before it was sold to ByteDance. 

In leaked audio published by The Verge in October, Facebook CEO Mark Zuckerberg described the company's plans to compete with TikTok: "So yeah. I mean, TikTok is doing well ... we're trying to first see if we can get it to work in countries where TikTok is not already big before we go and compete with TikTok in countries where they are big."

TikTok isn't Instagram or YouTube, it's something different altogether. Influencers like Bernath emphasize how much faster they can grow their followings on TikTok, although it's still the "wild west" in terms of what those numbers mean to advertisers. Still, Instagram and YouTube might have to watch their backs with TikTok coming up behind them.

 

Original author: Mary Meisenzahl

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Jan
25

Colors: Basque House - Sramana Mitra

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I...

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Original author: Sramana Mitra

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Jan
25

Samasource CEO Leila Janah passes away at 37

The startup community has lost another moral leader today.

Leila Janah, a serial entrepreneur who was the CEO and founder of machine learning training data company Samasource, passed away at the age of 37 due to complications from Epithelioid Sarcoma, a form of cancer, according to a statement from the company.

She focused her career on social and ethical entrepreneurship with the goal of ending global poverty, founding three distinct organizations over her career spanning the for-profit and non-profit worlds. She was most well-known for Samasource, which was founded a little more than a decade ago to help machine learning specialists develop better ML models through more complete and ethical training datasets.

Janah and her company were well ahead of their time, as issues related to bias in ML models have become top-of-mind for many product leaders in Silicon Valley today. My TechCrunch colleague Jake Bright had just interviewed Janah a few weeks ago, after Samasource raised more than $15 million in venture capital, according to Crunchbase.

In its statement, the company said:

We are all committed to continuing Leila’s work, and to ensuring her legacy and vision is carried out for years to come. To accomplish this, Wendy Gonzalez, longtime business partner and friend to Leila, will take the helm as interim CEO of Samasource. Previously the organization’s COO, Wendy has spent the past five years working alongside Leila to craft Samasource’s vision and strategy.

In addition to Samasource, Janah founded SF-based Samaschool, a 501(c)(3) nonprofit dedicated to helping low-income workers learn critical freelancing skills by helping them negotiate the changing dynamics in the freelance economy. The organization has built partnerships with groups like Goodwill to empower them to offer additional curricular resources within their own existing programs and initiatives.

Janah also founded LXMI, a skin-care brand that emphasized organic and fair-trade ingredients, with a focus on sourcing from low-income women’s cooperatives in East Africa. Founded three years ago, the company raised a seed round from the likes of NEA, Sherpa, and Reid Hoffman according to Crunchbase.

Across all of her initiatives, Janah consistently put the concerns of under-represented people at the forefront, and designed organizations to empower such people in their daily lives. Her entrepreneurial spirit, commitment, and integrity will be sorely missed in the startup community.

Our editor Josh Constine had this to say of Janah’s impact. “Leila was propulsive. Being around her, you’d swear there were suddenly more hours in the day just based on how much she could accomplish. Yet rather than conjuring that energy through ruthless efficiency, she carried on with grace and boundless empathy. Whether for her closest friends or a village of strangers on the other side of the world, she embraced others’ challenges as her own. Leila turned vulnerability into an advantage, making people feel so comfortable in her presence that they could unwind their personal and professional puzzles. Leila is the kind of founder we need more of, and she’ll remain an example of how to do business with heart.”

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Apr
18

Video-conferencing company Zoom soared 81% in its first day of public trading — now its CEO and CFO are focusing on these 3 goals (ZM)

If a thousand companies make their own smart light bulb, do a thousand companies also have to design a light switch app to control them?

Kraftful, a company out of Y Combinator’s Summer 2019 class, doesn’t think so. Kraftful builds the myriad components that an IoT/smart home company might need, puzzle piecing them together into apps for each company without requiring them to reinvent the light switch (or the padlock button, or the smart thermostat dial) for the nth time.

Because no company wants an app that looks identical to a competitor’s, much of what Kraftful produces is built to be tailored to each company’s branding — all the surface-level stuff, like iconography, fonts, colors, etc. are all customizable. Under the hood, though, everything is built to be reusable.

This focus on finding the parts that can be built once makes sense, especially given the team’s background. CEO Yana Welinder and CTO Nicky Leach were previously head of Product and a senior engineer, respectively, at IFTTT — the web service made up of a zillion reusable, interlinking “recipe” applets that let you hook just about anything (Gmail, Instagram, your cat’s litter box, whatever) into anything else to let one trigger actions on the other.

Kraftful founders Nicky Leach and Yana Welinder

So why now? More smart devices are coming onto the market every day, many of them from legacy appliance companies that don’t have much (or any) history in building smartphone apps. Good apps are the exception — the Philips Hue app is one of the better ones out there, and even it’s a little wonky sometimes. Many of them are… really bad.

Bad apps get bad App Store reviews, and bad reviews dent sales. And even for those who dive in and buy it without checking the reviews first, bad apps means returned devices. According to this iQor survey from 2018, 22% of smart home customers give up and return the products before getting them to work.

“We kind of looked around and realized that 80% of all smart home apps have zero, one or two stars on the App Store,” Welinder tells me.

Knowing what’s working and what’s not with buyers is a strength of Kraftful’s approach; behind the scenes, they can run all sorts of analytics on how users are actually interacting with components in the apps they’re powering and adjust all of them accordingly. If they make a tweak to the setup process in one app, do more users actually get all the way through it? Great. Now roll that out everywhere.

“If you look at some of the leading smart lock apps, they all have very… very similar interfaces. They’ve basically gotten to a standardized user experience, but they’ve all be developed individually,” says Welinder. “So all of these companies are spending the resources designing and developing these apps, but they’re not getting the benefit of being standardized across the board and being able to leverage data from all of these apps to be able to improve them all at once”

Kraftful builds the app for both iOS and Android, tailors it to the brand’s needs, offers cloud functionality like push notifications and activity history, provides analytics for insights on how users are actually using an app and keeps everything working as OS updates roll out and as device display sizes grow ever larger.

Of course, the entire concept of a dedicated app for a smart home device has some pretty fierce competition — between Apple’s HomeKit and Google Home, the platform makers themselves seem pretty set on gobbling up much of the functionality. But most buyers still expect their shiny devices to have their own apps — something branded and purpose-built, something for the manual to point them to. Power users, meanwhile, will always want to do things beyond what the all-encompassing solutions like HomeKit/Home are built for.

Folks at Google seem to agree with Kraftful’s approach — the team counts the Google Assistant Investments Program as one of the investors in the $1 million they’ve raised. Other investors include YC, F7 Ventures, Cleo Capital, Julia Collins (co-founder of Zume Pizza and Planet Forward), Lukas Biewald (co-founder of CrowdFlower), Nicolas Pinto (co-founder of Perceptio) and a number of other angel investors.

Welinder tells me they’re already working with multiple companies to start powering their apps; NDAs prevent her from saying who, at this point, but she notes that they’re “some of the largest brands that provide smart lights, plugs/switches, thermostats and other smart home products.”

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Jan
24

A founder’s guide to recession planning for startups

Schwark Satyavolu Contributor
Schwark Satyavolu is a general partner at Trinity Ventures where he makes early-stage investments in fintech, security and AI. A serial entrepreneur, he co-founded Yodlee (YDLE) and Truaxis, both of which were acquired. Previously, he held senior executive positions at LifeLock and Mastercard. He is an inventor on 15 patents.

We are living through one of the nation’s longest periods of economic growth. Unfortunately, the good times can’t last forever. A recession is likely on the horizon, even if we can’t pinpoint exactly when. Founders can’t afford to wait until the midst of a downturn to figure out their game plans; that would be like initiating swim lessons only after getting dumped in the open ocean.

When recession inevitably strikes, it will be many founders’ — and even many VCs’ — first experiences navigating a downturn. Every startup executive needs a recession playbook. The time to start building it is now.

While recessions make running any business tough, they don’t necessitate doom. I co-founded two separate startups just before downturns struck, yet I successfully navigated one through the 2000 dot-com bust and the second through the 2008 financial crisis. Both companies not only survived but thrived. One went public and the second was acquired by Mastercard.

I hope my lessons learned prove helpful to building your own recession game plan.

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Jan
24

UPDATE: Los Angeles-based CREXi raises $30 million for its online real estate marketplace

Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region.

It’s one of the reasons that CREXi, the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers and investors.

Since the company raised its last institutional round in 2018, it has added more than 300,000 properties for sale or lease across the U.S. and increased its user base to 6 million customers, according to a statement.

It has now raised $30 million in new financing from new investors, including Mitsubishi Estate Company (“MEC”), Industry Ventures and Prudence Holdings . Previous investors Lerer Hippeau Ventures and Jackson Square Ventures also participated in the financing.

CREXi makes money three ways. There’s a subscription service for brokers looking to sell or lease property; an auction service where CREXi will earn a fee upon the close of a transaction; and a data and analytics service that allows users to get a view into the latest trends in commercial real estate based on the vast collection of properties on offer through the company’s services.

The company touts its service as the only technology offering that can take a property from marketing to the close of a sale or lease without having to leave the platform.

According to chief executive Mike DeGiorgio, the company is also recession-proof thanks to its auction services. “As more distressed properties hit the market, the best way to sell them is through an online auction,” DeGiorgio says.

So far, the company has seen $700 billion of transactions flow through the platform, and roughly 40% of those deals were exclusive to the company.

“The CRE industry is evolving, and market players, especially younger, digitally native generations are seeking out platforms that provide free and open access to information,” said Gavin Myers, general partner at Prudence Holdings, in a statement. “CREXi directly addresses this market need, providing fair access to a range of CRE information. As CREXi continues to build out its stable of services, features, and functionality, we’re thrilled to partner with them and support the company’s continued momentum.”

CREXi joins the ranks of startups based in Los Angeles that have raised money to reshape the real estate industry. Estimates from Built in LA count roughly 127 companies, which have raised in excess of $2.4 billion, active in the real estate industry in Los Angeles. These companies range from providers of short-term commercial office space, like Knotel, or co-working companies like WeWork, to companies focused on servicing the real estate industry like Luxury Presence, which raised a $5 million round earlier in the year.

Due to inaccurate information provided by the company, an initial version of this story indicated that CREXi had raised $29 million in its Series B round. The correct number is $30 million.

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Jan
24

Best of Bootstrapping: Queue-It Bootstraps from Denmark to the US - Sramana Mitra

Camilla Ley Valentin, Co-Founder of Queue-It, tells a wonderful story of capital-efficient entrepreneurship, including scaling a company born in Denmark that now has 40% of its business in the US....

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Original author: Sramana Mitra

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Jan
24

1Mby1M Virtual Accelerator Investor Forum: With Anand Rajaraman of rocketship.vc (Part 5) - Sramana Mitra

Sramana Mitra: Let’s do one example from your rocketship portfolio that illustrates more of what you’re doing today. Anand Rajaraman: I’ll give you an example from India. We are an investor in...

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Original author: Sramana Mitra

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Jan
24

Roundtable Recap: January 23 – Focus Relentlessly - Sramana Mitra

During this week’s roundtable, I worked with five entrepreneurs. OujaFirst up today was Anandth Shoban from Chennai, India, pitching Ouja,a hyperlocal delivery service. Anandth plans to do other...

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Original author: Sramana Mitra

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Jan
24

As SaaS stocks set new records, Atlassian’s earnings show there’s still room to grow

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

SaaS stocks had a good run in late 2019. TechCrunch covered their ascent, a recovery from early-year doldrums and a summer slowdown. In 2020 so far, SaaS and cloud stocks have surged to all-time highs. The latest records are only a hair higher than what the same companies saw in July of last year, but they represent a return to form all the same.

Given that public SaaS companies have now managed to crest their prior highs and have been rewarded for doing so with several days of flat trading, you might think that there isn’t much room left for them to rise. Not so, at least according to Atlassian . The well-known software company reported earnings after-hours yesterday and the market quickly pushed its shares up by more than 10%.

Why? It’s worth understanding, because if we know why Atlassian is suddenly worth lots more, we’ll better grok what investors — public and private — are hunting for in SaaS companies and how much more room they may have to rise.

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Jan
24

Will the Competition Get to Netflix? - Sramana Mitra

Netflix (Nasdaq: NFLX) recently reported its fourth quarter results that sent the stock falling 4% in the after-hours session. While the company outpaced market expectations on all accounts, it was...

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Original author: MitraSramana

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Jan
24

The Montana Future In A Dream

I’ve always been a vivid dreamer, but I’ve been getting a lot more REM sleep due to the combination of a CPAP machine and the prostate reduction surgery I had last year (solving a “getting older” problem.)

Every now and then I write out a dream after I have it just to remember it. Here are a few: Life in 2050, Crazy Vivid Travel Anxiety Dream, and Metabolizing Stress and Anxiety.

Following is the doozy that I had on Tuesday night, written down shortly after I woke up on Wednesday.

I’m being tossed around in the passenger seat of a car with a blindfold on. As I shout out to the driver, “Where are we going?” I’m met with silence, then a very loud version of AC/DC’s Highway to Hell playing on the radio.

The car abruptly stops. The blindfold is off. I’m at my house. I run inside and pack my bags, grabbing all my computer stuff and tossing it in with my clothes. We drive away to a plane that I get on alone which flies while I read a book. We land in the mountains.

A car, without a driver, drives me to a big mountain house with a giant construction ditch in front of it. My parents are there and say hello. I run inside, dump my bag, and race around in my underwear for no apparent reason.

People start showing up.

I can’t find my phone or my computer, but I know I have a conference call starting to finalize the shutdown of a company. I race outside and start screaming, “Where is my phone?” My cousin Jon is there and we run around the construction ditch. There are lots of dead, old mobile phones around the edge, but none are mine. I find one that looks like mine, feel relieved, and then realize it’s not mine. I’m screaming at my parents about my phone, my computer, and they are just staring at me. I run in the house to try to find a computer to log in to Google and figure out the dial-in number. All of the computers in the house are too old to use a web browser. I run around some more but can’t find my phone or computer and start smashing keyboards randomly.

Agitated, I walk into a big room full of people. They are just sitting down to get ready to listen to me about something, but I don’t know what I’m supposed to talk about. I go to the refrigerator and try to open it, but the door sticks. Eventually, I get it open and get a yogurt. Everyone is staring at me, waiting for me. I’m still in my underwear.

I go to the front of the room, sit down, and start describing how in 1992, a small group of us got together in Burlington, Vermont and came up with the idea of the Montana future, where no one would want to live in big cities anymore so everyone would migrate to the west, set themselves up on big pieces of land, and work from their houses. We called this event a Chautauqua and my business partner at the time (Dave) came up with the idea for “The Wall” which was a video wall of TVs that you interacted with.

Lots of bugs started racing around the floor. They were exotic with lots of colors, different body shapes, and multiple segments. Everyone ignored them as I became increasingly agitated by them. I finally said, “It’s time for dinner” and everyone got up and went to another room.

I run out of the room and started squashing the bugs. I got to a bathroom where the water in the sink is running and try to turn it off, but can’t quite get the tolerances right. My parents were in the next room, so I went in there to look for my computer some more. There was a giant scorpion-like color bug on my bag and I asked my dad to get rid of it. He grabbed a tennis racquet and started swinging at it, bouncing it off the wall and then smashing it into pieces on the ground.

My computer and phone were on the top of my back. I had ten notifications in the Messages app with requests to join the phone call that I had missed.

I wake up.

I wonder why we ended up in Colorado even though the Montana future seems deeply imprinted on my brain …

Original author: Brad Feld

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Jan
24

Wuhan, China, is scrambling to build a hospital in just 6 days to treat coronavirus patients its health system gets overwhelmed

The Chinese city of Wuhan is rushing to build a new hospital in just six days to treat patients of the deadly coronavirus.Excavation has started at a site in Wuhan, where the outbreak started, and where doctors describe an overwhelmed medical system.The city, and at least nine others, have had their public transport links shut off, leaving a total of 30 million people quarantined in a bid to stop the virus from spreading further.Wuhan's strategy mirrors Beijing's efforts to control the deadly SARS coronavirus outbreak in 2003, when it built a hospital in just seven days that treated one-seventh of the country's patients.Visit Business Insider's homepage for more stories.

The Chinese city of Wuhan is rushing to build a brand-new hospital within six days to treat patients of the coronavirus that has killed at least 26 people across the country and is overwhelming the quarantined city's health system.

The 2019-nCoV virus, which has infected more than 870 people as of Friday morning, originated in Wuhan. China has closed down public transport links in the city and at least nine others, sealing off a total of 30 million people.

Doctors in Wuhan say that people have to queue for hours for medical attention, that screening the disease is difficult, that there is not enough protective gear, and that some doctors were told not to go to work over fears they could catch the virus.

Video footage shows people packed in small hallways as they wait for treatment.

A still from video sourced by The New York Times shows people crowding into a hospital corridor in Wuhan, China, amid the coronavirus outbreak. The New York Times

Wuhan authorities said Friday that a new, 1,000-bed hospital is being built for coronavirus patients to "address the insufficiency of existing medical resources," the Associated Press reported.

Patients with the coronavirus are currently being treated in hospitals and fever clinics across the city.

The new hospital is to be built in six days, and be put to use on February 3, state-run news site The Paper reported, citing state media outlet People's Daily.

The hospital will be made from prefabricated buildings — making it quicker and cheaper to build — on the outskirts of the city, People's Daily reported.

Video footage shows construction machinery working at the site.

—People's Daily, China (@PDChina) January 24, 2020

The strategy is a repeat of how China dealt with the outbreak of SARS in 2003, which killed more than 770 people.

Excavators at the construction site of a new hospital in Wuhan on January 24. STR/AFP via Getty Images

In April 2003, Beijing built in just seven days the Xiaotangshan Hospital, which People's Daily said treated one-seventh of China's SARS patients at the time.

People's Daily called that hospital "a miracle in the history of medicine."

The ongoing Wuhan coronavirus can spread from human to human, and has already spread to some healthcare workers treating the infected.

It has spread to at least eight other countries: the US, Japan, South Korea, Thailand, Taiwan, Singapore, Vietnam, and Saudi Arabia.

This map shows where it had spread as of Thursday:

These countries have quarantined people who are infected, and are monitoring those who have been in close contact with the infected.

Other countries, including Scotland and Finland, have suspected cases.

Countries around the world are screening passengers in airports for symptoms, and have quarantine procedures in place.

Passengers who just arrived on a train from Wuhan are screened for coronavirus in Beijing. Kevin Frayer/Getty Images
Original author: Sinéad Baker

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Jan
24

It looks like Samsung is working on a sharing feature called Quick Share for Galaxy smartphones, similar to AirDrop on the iPhone

Samsung is reportedly developing a rival to Apple's AirDrop file-sharing service.The service is called Quick Share, and could arrive with the upcoming Galaxy S20, expected to launch in February.Quick Share would allow Galaxy phone owners or Samsung device owners who are near each other to share photos, contacts, and other files.The new feature also appears to let you temporarily upload files to Samsung Cloud.

Samsung is reportedly developing a rival to Apple's AirDrop.

XDA Developers managed to obtain the Android Application Package (APK) for a feature called Quick Share, which would allow anyone using a supported Samsung device to quickly share files with another Samsung device owner who's close by.

XDA Developers' leak doesn't detail how exactly the feature works, but it's likely to use similar tech to Apple's file-sharing service for the iPhone, iPad, and Mac, AirDrop. That uses Bluetooth to create a peer-to-peer WiFi network and lets you quickly transfer photos, messages, contacts, and other files.

XDA Developers got hold of the APK from a source who had access to an (as yet unreleased) Galaxy S20+ 5G. This suggests Quick Share will launch alongside the Galaxy S20 on February 11.

It appears the feature doesn't currently work on older Samsung devices, but according to XDA the service will allow Galaxy owners to send files to other Samsung Social users on your contacts list, or to anyone in the area with a supported Samsung device.

It also seems Quick Share will let allow users to temporarily upload files to Samsung Cloud. These files – which could be up to 1GB in size – will then be streamed to Samsung Smart Things devices and downloaded locally.

Business Insider has approached Samsung for comment.

Original author: Charlie Wood

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Apr
13

The Chipotle Challenger Series will give gamers a chance to win a year's worth of free burritos (CMG)

Founder Andreas Kröpfl has spent almost a decade hard-grafting in the B2B unified communications space, building a videoconferencing business with a patented single-stream system and a claim of no “drop-offs” thanks to “unique low-bandwidth technology.”

His Austria-based startup’s current web-based videoconferencing system, eyeson (née Visocon), which launched in 2018, has had some nice traction since launch, as he tells it, garnering a few million customers and getting a nomination nod as a Gartner Cool Vendor last year.

Eyeson’s website touts ‘no downloads, no lag, no hassle’ video calls. Pricing options for the target B2B users run the gamut from freelance pro to full-blown enterprise. The business itself has pulled in a smidge less than $7 million in investor funding over the years.

But when TechCrunch came across Kröpfl last December, pitching hard in startup alley at Disrupt Berlin, he was most keen to talk about something else entirely: video dating.

That’s because last summer the team decided to branch out by building their own video dating app, reusing their core streaming tech for a consumer-focused social experiment. And after a period of internal beta testing — which hopefully wasn’t too awkward within a small (up-til-then) B2B-focused team — they launched an experimental dating app in November in India.

The app, called Ahoi, is now generating 100,000 video calls and 250,000 swipes per day, says Kröpfl.

This is where he breaks into a giggle. The traction has been crazy, he says. 

In the staid world of business videoconferencing, you can imagine eyeson’s team eyeing the booming growth of certain consumer-focused video products rather enviously.

Per Kröpfl, they had certainly noticed different desires among their existing users — which pushed them to experiment. “We saw that private people like the simple fun features (GIF reactions, …) and that business meetings were more focused on ‘drop-off’ [rates] and business features,” he tells us. “To improve both in one product was not working any more. So eyeson goes business plus SaaS.”

“Cloning eyeson but make it social,” is how he sums up the experiment. 

Ahoi is very evidently an MVP at this stage. It also looks like a pretty brave and/or foolish (depending on your view) full-bore plunge into video dating, with nothing so sophisticated as a privacy screen to prevent any, er, unwanted blushes… (Whereas safety screening is an element we’ve recently seen elsewhere in the category — see: Blindlee.)

There’s also seemingly no way for users to specify the gender they wish to talk to.

Instead, Ahoi users state interests by selecting emoji stickers — such as a car, cat, tennis racket, games console or globetrotter. And, well, it goes without saying that even if you like cars a lot you’re unlikely to change your sexual orientation over the category.

There are no generic emoji that could be used to specify a sexual interest in men or women. But, er, there’s a horse…

Such limits may explain why Ahoi is generating so many early swipes — and rather fewer actual calls — in that the activity sums to (mostly) men looking for women to videochat with and being matched with, er, men.

And frustration, sexual or otherwise, probably isn’t the greatest service to try and sell.

Still, Kröpfl reckons they’ve landed on a winning formula that makes handy reuse of their core videoconferencing tech — letting them growth hack in a totally new category. Swipe right to video date.

“People are disappointed by perfect profiles on Tinder and the reality when meeting people,” he posits. “Wasted time. Especially women do not want to be stalked by men pretending to be someone else. We solve both by a real live conversation where only after a call both can decide to be connected or never see each other again.”

Notably, marketing around the app does talk rather fuzzily about it being a way to “find new pals.”

So while Kröpfl frames the experiment as dating, the reality of the product is more “open to options.” Think of it as a bit like Chatroulette — just with slightly more control (in that you have a few seconds to decide if you don’t want to talk to the next in-app match).

The very short countdown timer (you get just five seconds to opt out of a matched video chat) is very likely generating a fair number of unintended calls. Though such high-velocity matching might appeal to a certain kind of speed dating addict.

Kröpfl says Ahoi has been seeing up to 20,000 new users added daily. They’re bullishly targeting 3 million-plus users this year, and already toying with ideas for turning video dates into a money spinner by offering stuff like premium subscriptions and/or video ads. He says the plan is to turn Ahoi into a business “step by step.”

“Everyone loves to make his profile better,” he suggests, floating monetization options down the line. Quality filtering for a fee is another possibility (“everyone is annoyed by being connected to the wrong people”).

They picked India for the test launch because it has a lot of people on the same timezone, a large active mobile user-base and cheap marketing is still “easily possible.” He also says that dating apps seemed popular there, in their experience. (Albeit, the team presumably didn’t have a great deal of relevant experience in this category — given Ahoi is an experiment.)

The intent is also to open Ahoi to other markets in time too, once they get more accustomed to dealing with all the traffic. Kröpfl notes they had to briefly take the app off the store last month as they worked on adding more server capability.

“It is very early and we were not prepared for this usage,” he says, admitting they’ve been “struggling to work on early feedbacks.” “We had to make it invisible temporarily — to improve server capacity and stability.”

The contrast in pace of uptake between the stolid (but revenue-generating) world of business meeting-fueled videoconferencing and catnip consumer dating — which is money-sucking unless or until you can hit a critical mass of usage and get the chance to try applying monetization strategies — does sound like it’s been rather irresistible to Kröpfl.

Asked what it feels like to go from one category to the other he says “crazy, surprised and thrilling,” adding: “It is somehow also frustrating when all the intense B2B work is not as closely interesting to people as Ahoi is. But amazing that it is possible thanks to an extremely focused and experienced team. I love it.” 

TechCrunch’s Manish Singh agreed to brave the local video dating app waters in India to check Ahoi out for us.

He reported back not having seen any women using the app. Which we imagine might be a problem for Ahoi’s longer-term prospects — at least in that market.

“I spoke with one guy, who said his friend told him about the app. He said he joined to talk to girls but so far, he is only getting matched with boys,” said Singh. “I saw several names appear on the app, but all of them were boys, too.”

He told us he was left wondering “why people are on these apps, and why they have so much free time on a weekday.”

For “people” it seems safe to conclude that most of Ahoi’s early adopters are men. As The Wall Street Journal reported back in 2018, India’s women are famously cool on dating apps — in that they’re mostly not on them. (We asked Kröpfl about Ahoi’s gender breakdown but he didn’t immediately get back to us on that. Update: We’re told the app’s male to female ratio is 85:15. “India is challenging,” Kröpfl admits.)

That market quirk means those female users who are on dating apps tend to get bombarded with messages from all the lonely heart guys with not much to swipe. Which, in turn, could make a video dating app like Ahoi an unattractive prospect to female users — if there’s any risk at all of being inundated with video chats.

And even if there are enough in-app controls to prevent unwelcome inundation by default, women also might not feel like they want their profile to be seen by scores of men simply by merit of being signed up to an app — as seems inevitable if the gender balance is so skewed.

Add to that, if the local perception among single women is that men on dating apps are generally a turn-off — because they’re too eager/forward — then jumping into any unmoderated video chat is probably not the kind of safe space these women are looking for.

No matter, Kröpfl and his team are clearly having far too much fun growth hacking in an unfamiliar, high-velocity consumer category to sweat the detail. 

What’s driving Ahoi’s growth right now? “Performance marketing mainly,” he says, pointing also to “viral engagement by sharing and liking profiles.”

Notably, there are a lot of reviews of Ahoi on Google Play already — an unusual amount for such an early app. Many of them appear to be five-star write-ups from accounts with European-sounding names and a sometimes robotic grasp of language.

“Eventhough Ahoi has been developed recently, it had high quality for user about calling, making friends and widing your knowlegde [sic],” writes one reviewer with atrocious spelling whose account is attached to the name “Dustin Stephens.”

“Talking with like minded people and same favor will creat a fun and interesting atmosphere. Ahoi will manage for you to call like condition above,” says another apparently happy but not entirely clear user, going by the name “Elisa Herring.”

There’s also a “Madeleine Mcghin,” whose profile uses a photo of the similarly named child who infamously disappeared during a holiday in Portugal in 2007. “My experience with this app was awesome,” this individual writes. “It gives me the option to find new people in every country.”

Another less instantly tasteless five-star reviewer, “Stefania Lucchini,” leaves a more surreal form of praise. “A good app and it will bring you extra income, I would say it’s a great opportunity to have AHOI and be a part of it but it’s that it will automatically ban you even if you don’t show it. Marketing. body part, there are still 5 stars for me,” she (or, well, “it”) writes.

Among the plethora of dubious five-star reviews a couple of one-star dunks stand out — not least because they come from accounts with names that sound like they might actually come from India. “Waste u r time,” says one of these, who uses the name “Prajal Pradhan.”

This pithy drop-kick has been given a full 72 thumbs-up by other Play Store users.

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Jan
17

Funnel closes $47M Series B to prepare marketing data for better reporting and analysis

London-based AI startup ChAI has just raised a $1.7 million seed round from three of Europe's top early-stage investors. ChAI was founded 10 months ago and raised funds from Passion Capital, MMC Ventures, and Dynamo Ventures. The company uses AI and machine learning to provide "signals" to help assess potential changes to commodity prices, a market that could be worth $60 billion. Click here for more BI Prime stories.

London-based artificial intelligence startup ChAI has raised a $1.7 million seed round from three of Europe's top early-stage investors.

ChAI was founded 10 months ago and raised funds from Passion Capital, MMC Ventures, and Dynamo Ventures. 

The company uses AI and machine learning to provide "signals" to help assess potential changes to commodity prices, a market which could be worth $60 billion.

ChAI's cofounder and CEO Dr Tristan Fletcher estimates that the combined revenue of companies exposed to commodity prices could be $16 trillion, with much of the world's economy dependent on sensitive changes in the cost of raw materials. Accurate signals about the direction of these changes could help ChAI's clients anticipate costs, and save millions.

Physical commodity traders alone bring in $100 billion a year of revenue, per Natural Resource Governance. 

"When we founded the company we believed there was a real need for a market solution and it was something of a race to get something out there," Fletcher told Business Insider in an interview. "Fundraising was a long and painful process with a lot of rejection, but as soon as Passion were onboard that changed. Getting such great investors on board is a real coup." 

Fletcher's background includes a period in academia focused on machine learning and AI applications. The idea for an AI for commodity pricing came out of a trip to China as part of a business trip undertaken with the British government. 

The company combines a variety of data sources into its platform which includes satellite data, infrared technology, alongside port and freight information alongside a number of other options. 

"The democratization of alternative data has meant that financially it's easier to get hold of but companies need some way of determining which data sources to subscribe to and how to use it," Fletcher added.

That's where ChAI comes in, with its propriety "signals" allowing clients to determine the best ways of interpreting an ever-increasing ream of data about the commodities industry. 

ChAI counts a large Thai construction firm as one of its clients already but will also market to banks, commodity traders, speculators, and other parts of the raw materials supply chain. 

Eileen Burbidge, partner at Passion Capital, said: "It's rare and always a privilege to come to work with a team that has such a unique range of skills ranging from leading academia to strong commercial acumen.

"We at Passion were immediately drawn to the fact that many large companies and enterprises which rely on commodities in their supply chain are unlikely to staff their own proprietary desks to predict or anticipate price volatility, but will look for innovative and more accurate forecasts in addition to historical-based models." 

Original author: Callum Burroughs

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Oct
12

How Snowflake is supercharging data applications across industries (VB Live)

Donald Trump says he's not scared of Mark Zuckerberg running for president. Getty/Business Insider

Good morning! This is the tech news you need to know this Friday.

A New York Times report shed new light on how The National Enquirer tabloid came to possess intimate photos of Jeff Bezos and his girlfriend Lauren Sanchez. The report suggests that she sent them to her brother, Michael, who sold them to The National Enquirer. Bezos later said they were used to extort him.China's version of TikTok launched a feature to spread awareness and fight Wuhan coronavirus. The coronavirus outbreak that originated in Wuhan, China, has killed at least 18 people and infected more than 630.President Trump said Mark Zuckerberg running for president "wouldn't be too frightening." Trump also praised Zuckerberg's handling of political ads, which Facebook has taken a hard stand on not fact-checking.TikTok revealed its new five-story LA office, showing its commitment to battling US social media giants like Instagram and Youtube. TikTok is owned by Chinese company ByteDance, which is currently seeking a new head for US operations.UK officials are to propose allowing Huawei to build parts of the country's 5G infrastructure, sources told Reuters. The proposal defies intense pressure from US officials to ban Huawei completely from the UK's 5G networks.Tinder's parent company partnered with safety platform Noonlight to add a range of new safety features to its dating apps, TechCrunch reports. The new features include a panic button and user photo verification.Police disputed the claims from facial recognition startup Clearview AI that it had helped solve a terrorism case, BuzzFeed reports. The firm amassed billions of photos of people's faces by scraping social media sites like Facebook, Instagram, and YouTube.Google made a big change to search results that makes it harder to distinguish ads from regular results. Some observers questioned whether Google was trying to intentionally steer users to click on ads through a practice known as "dark-pattern" design.Hungarian-American investor George Soros said President Trump is conspiring with Facebook to get reelected. Speaking at Davos on Thursday, Soros said he thinks there's an "informal mutual assistance operation developing between Trump and Facebook."India wants to send a legless, female humanoid robot called "Vyommitra" into space. Indian prime minister Narendra Modi is looking to establish the country as a major player in the space industry.

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.

You can also subscribe to this newsletter here — just tick "10 Things in Tech You Need to Know.

Original author: Isobel Asher Hamilton

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Jan
24

Intimate photos of Jeff Bezos and Lauren Sanchez came from messages she sent to her brother, who gave them to the National Enquirer, report says

A New York Times report shed new light on how The National Enquirer tabloid came to possess intimate photos of Jeff Bezos and his girlfriend Lauren Sanchez.The report suggests that she sent them to her brother, Michael, who sold them to The National Enquirer. Bezos later said they were used to extort him.The Times cited four unnamed sources and a written contract to support its claim.The paper said its reporting frustrates the widespread suggestion that Saudi Arabia had a role leaking the images.Visit Business Insider's homepage for more stories.

Intimate photos of Jeff Bezos and his girlfriend Lauren Sanchez came into the possession of The National Enquirer tabloid via her brother, according to The New York Times. 

According to the newspaper, Sanchez sent the images to her brother Michael, who received $200,000 upon signing a contract granting the Enquirer's parent company exclusive rights to them.

The deal was the prelude to the story of Bezos' relationship becoming public, which was followed by Bezos and his wife divorcing. 

The Times said it learned of how the photos were transmitted via four unnamed sources, and a written contract between Michael Sanchez and American Media Inc., which publishes the Enquirer.

Sanchez repeatedly denied sharing "penis photos" with AMI in exchanges with Business Insider last year, but evaded answering questions about whether he had leaked messages obtained by the National Enquirer.

The paper, owned by American Media Inc (AMI), has long claimed that its source was Michael Sanchez, but Bezos hired a private investigator, Gavin De Becker, to dig deeper.

The strange saga took a twist this week after a forensic analysis of Bezos' phone, first reported on by The Guardian, found that Saudi Crown Prince Mohammed bin Salman hacked into Bezos' phone with spyware eight months before the Enquirer piece.

It led to speculation that Saudi Arabia had a role in getting the compromising photos to the Enquirer. But the Times's reporting offered a more prosaic route — via Sanchez and her brother — and said a definitive Saudi connection to the Enquirer's reporting has yet to be proved.

In a statement to The Times, AMI called Michael Sanchez the "single source" for their reporting. 

"The single source of our reporting has been well documented," AMI said. "In September of 2018, Michael Sanchez began providing all materials and information to our reporters." 

Both the Saudi embassy in Washington DC and AMI deny Saudi involvement.

"Any suggestion that a third party was involved in or in any way influenced our reporting is false."

Original author: Rosie Perper

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