Thursday, November 8, 2018

Ford enters the scooter wars

THE DAILY CRUNCH
THURSDAY, NOVEMBER 8 2018 By Taylor Nakagawa

Ford tries its hand at the scooter market, the White House is using videos from Infowars to justify banning CNN and Samsung unveils folding "Infinity Flex Display."

Here's your Daily Crunch for November 8, 2018.

1. Ford buys electric scooter startup Spin 

Ford wants in on the scooter wars and announced it's acquiring the San Francisco startup Spin for around $100 million, according to a source close to the matter. The automotive giant has branched outside its core business recently, acquiring other mobility startups like commuter ridesharing company Chariot and Autonomic, a transportation analytics company.

2. White House shares manipulated Infowars video to justify CNN press ban 

The White House is using video footage that's been manipulated through a conspiracy theorist lens to justify a free speech-chilling ban on an actual journalist. Let that sink in.

3. Here's what Samsung's wacky folding phone looks like in action 

Samsung finally unveiled its "Infinity Flex Display" yesterday at the company's developer conference in San Francisco. Folded, it's a smartphone. Unfolded, it's a tablet. Neat!

4. Security flaw in DJI's website and apps exposed accounts to hackers and drone live feeds 

Security researchers have found it took drone maker DJI six months to properly fix a security vulnerability that gives hackers complete access to a drone owner's account. The good news is that it's unlikely that anyone independently discovered and exploited these vulnerabilities and DJI has praised its bug bounty program for uncovering the security flaw.

5. Facebook's Portal+ is a one-hit wonder

Overall, Facebook's first piece of hardware is a head scratcher. While the device does bring some innovation to video chatting, there isn't much else that sets it apart from other smart displays.

6. Corporate travel startup TripActions raises $154M at $1B valuation

One of the most well-funded travel startups in the Valley has raised yet another round that's pushed it into unicorn territory. Andreessen Horowitz co-founder Ben Horowitz will join TripActions' board of directors as part of the startup's $154 million in Series C funding.

7. Take a look at the startups competing in our first Startup Battlefield in Latin America 

TechCrunch is hosting its first Startup Battlefield in São Paulo, Brazil. We've brought together some of the region's most promising companies to give their pitch in front of a world-class panel of investors. Stay tuned for videos of the pitches, panels and the competition winner on TechCrunch later today.

 

 

Get more stories at techcrunch.com 

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