CES!! It's happening. But it's not all fun – some companies are dealing with very bad news during the year's biggest showcase of consumer tech. That and more in The Daily Crunch for January 10, 2018. 1. GoPro CEO talks about drone division closure CES is generally a time for companies like GoPro to exult in the adoration of gadget lovers – but this year, CEO Nick Woodman was on damage control duty after news that the action camera maker was shutting down its drone division and laying off hundreds. Woodman pulls no punches about the awful start the GoPro Karma had (it was blanket recalled after some drones started dropping out of the sky). Ultimately, though, he believes their core market is plenty enough. 2. Renault-Nissan-Mitsubishi alliance earmarks a lot of cash for startup investment The combined Renault-Nissan-Mitsubishi alliance had a number of tech announcements between them, but their most significant news at CES was the introduction of a $1 billion corporate venture fund, including $200 million for startups in the first year alone. 3. YouTube offers weak statement on Logan Paul disaster YouTube has issued a statement regarding Logan Paul's controversial video, which depicted a dead man hanging from a tree in Japan's so-called 'suicide forest.' The statement is brief, to the point, and wholly insufficient for the situation. 4. Toyota is making a big bet on Alexa in cars Carmaker Toyota will feature Alexa in vehicles starting later this year, with updates rolling out to some 2018 model year cars. It's also going to introduce a number of new cars in 2019 with Amazon's assistant built-in. 5. H-1B visa extensions seem safe, for now at least Recent rumors suggested the Trump administration might end up killing the practice of extending H-1B visas while holders waited for their green card applications to go through. Seems like that's not something they're actually doing right now, which is good news for tech companies. 6. Jump's going to offer stationless e-bike sharing in SF Dockless sharing for electric bikes is coming to San Francisco, thanks to startup Jump. That's a good thing? Maybe? 7. Huawei's Richard Yu rails against U.S. carriers Smartphone maker Huawei isn't thrilled with how they're being treated by U.S. carriers – company CEO Richard Yu is not pleased with how they're behaving after a report from the US House Intelligence Committee cited them and ZTE as potential security risks. |
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