Tuesday, July 3, 2018

Lyft Bikes is a thing now. It's The Daily Crunch.

THE DAILY CRUNCH
TUESDAY, JULY 3 2018 By Anthony Ha

Lyft moves into bike-sharing, Anthony Levandowski has a new self-driving startup and Amazon releases details about this year's Prime Day. Here's your Daily Crunch for July 3, 2018.

1. Lyft Bikes is now a thing

Lyft has acquired Motivate, the oldest and largest electric bike-share company in North America, for undisclosed terms. Motivate is better-known to New Yorkers as CitiBike, which it acquired from Alta in 2014.

This looks like a growing area of interest for both Uber and Lyft, with both companies recently applying for permits that would allow them to place their own e-scooters on the streets of San Francisco.

2. Anthony Levandowski is back with a new self-driving startup, called Kache.ai

The former Google engineer and serial entrepreneur was at the center of a trade secrets lawsuit between Uber and Waymo. This could be the beginning of his comeback.

3. A bigger Amazon Prime Day 2018 arrives July 16 with more deals, devices and longer hours

Amazon's Prime Day will be held on July 16 this year, starting at 3pm Eastern, and will feature more than a million deals.

4. Dell will soon be a public company (again)

Dell went private in one of the largest leveraged buyouts in tech, circa 2013. It announced today that it will once again be going public through a relatively complex mechanism that leaves founder Michael Dell and Silver Lake Partners largely in control.

5. The FBI, FTC and SEC are joining the Justice Department's inquiries into Facebook's Cambridge Analytica disclosures

An alphabet soup of federal agencies is now poring over Facebook's disclosures and statements about its response to the improper use of its user information by the political consultancy Cambridge Analytica.

6. Instagram's Do Not Disturb and 'Caught Up' deter overgramming

This should help Instagram's 1 billion monthly users stop fiendishly scrolling in search of new posts scattered by the algorithm.

7. All charges against ex-Vungle CEO Zain Jaffer, including lewd act on a child, dismissed by judge

"Being wrongfully accused of these crimes has been a terrible experience, which has had a deep and lasting impact on my family and the employees of my business," Jaffer said.

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Monday, July 2, 2018

Big layoffs coming at HTC. It's The Daily Crunch.

THE DAILY CRUNCH
MONDAY, JULY 2 2018 By Anthony Ha

The fall of HTC, the 10-year anniversary of the iOS App Store and a questionable "laser AK-47." Here's your Daily Crunch for July 2, 2018.

1. HTC is gone

To be clear, HTC hasn't actually disappeared or gone belly-up, and there are hopes for a resurgence with the HTC Vive. But as TechCrunch's Matt Burns explains, the HTC of 2018 is not the company that made devices like the HTC Dream and the Google Nexus One.

For one thing, HTC is reportedly preparing to lay off nearly a quarter of its workforce, leaving it with less than 5,000 employees — compared to 19,000 five years ago.

2. These are the top iPhone apps of all time

That's according to App Annie, which is releasing retrospective lists in advance of the 10th anniversary of the iOS App Store on July 11. When it comes to downloads, Candy Crush Saga is the top game worldwide, while Facebook is the biggest non-game app.

3. MoviePass parent says it may sell up to $1.2B in equity and debt to finance operations and growth

This isn't the only move MoviePass-owner Helios and Matheson Analytics has made recently to raise money — last month, it issued $164 million in convertible notes.

4. Chinese company claims its 'laser AK-47' can set you on fire from half a mile away

There are a few red flags here. First: The weapon is only described and not demonstrated. Second: What is described sounds incompatible with physics.

5. Facebook is buying UK's Bloomsbury AI to ramp up natural language tech in London

According to sources, Facebook plans to deploy the company's team and tech to work on combatting fake news and to tackle other content issues.

6. WTF is dark pattern design?

The technique, as it's deployed online today, often feeds off and exploits the fact that content-overloaded consumers skim-read stuff they're presented with, especially if it looks dull and they're in the midst of trying to do something else.

7. Summer is the time for podcasts

In the latest TechCrunch podcasts, Equity covers big funding rounds for Bird and Lyft, Original Content discusses the summer's biggest movies and CTRL+T brings up issues with Apple's Memoji.

Get more stories at techcrunch.com 

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