Gillmor Gang: Electrical Banana
Thanks I'm giving for the start of the first big online season. Yes, the pandemic has put in place a gigantic move to the digital for our immediate and accelerated future. We all know how this plays out in the required state of things pre-vaccine. But there's an undercurrent not so hidden
Firstminute Capital launches second $111M fund, featuring a who’s-who of founders as LPs
London HQ’d Firstminute Capital has announced its second early-stage venture fund of $111 million (£87 million). Founded and cornerstoned in 2016 by Brent Hoberman CBE (best known as co-founder of lastminute.com and MADE.com), together with Spencer Crawley (formerly of Goldman Sachs), this n
This Week in Apps: Snapchat clones TikTok, India bans 43 Chinese apps, more data on App Store commission changes
"">Welcome back to This Week in Apps, the technewss series that recaps the latest in mobile OS news, mobile applications, and the overall app economy.
"">The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People now spend three
The Supreme Court will hear its first big CFAA case
The Supreme Court will hear arguments on Monday in a case that could lead to sweeping changes to America’s controversial computer hacking laws — and affect how millions use their computers and access online services.
The Computer Fraud and Abuse Act was signed into federal law in 1986 and p
How Ryan Reynolds and Mint Mobile worked without becoming the joke
In the past decade, celebrity interest and investment in tech companies has significantly increased. But not all celebrity investments are created equally. Some investors, like Ashton Kutcher, have prioritized the VC pursuits. Some have invested casually without getting overly involved. Others have
Black Friday online shopping comes in $9B, $3.6B on smartphones
Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking fo
Tony Hsieh, iconic Las Vegas tech entrepreneur, dies aged 46
Tony Hsieh, the former head of Zappos who catapulted the shoe company into the big leagues with a sale to Amazon and then used the proceeds of his success in a huge project kickstarting regeneration of a run-down part of Las Vegas, Nevada, with tech and wider business investments, has died at the a
Facebook's Libra could launch in January
According to a report from the Financial Times, Facebook-backed cryptocurrency Libra could launch in January. More interestingly, the Libra Association, the consortium created by Facebook, could scale back its ambitions once again.
When it was first unveiled, the Libra cryptocurrency was supposed t
India sets rules for commissions, surge pricing for Uber and Ola
Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances in the key overseas market.
The guidelines, which for the first time brin
There’s no ‘hacker house’ geared toward undergraduate women, so they created one of their own
Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren't waiting until they are done with undergraduate work to plunge into the lifestyle themselves.
Started b
No Google-Fitbit merger without human rights remedies, says Amnesty to EU
Human rights NGO, Amnesty International, has written to the EU’s competition regulator calling for Google’s acquisition of wearable maker Fitbit to be blocked — unless meaningful safeguards can be baked in.
The tech giant announced its intent to splash $2.1 billion to acquire Fitb
Wall Street needs to relax, as startups show remote work is here to stay
We are hearing that a COVID-19 vaccine could be on the way sooner than later, and that means we could be returning to normal life some time in 2021. That’s the good news. The perplexing news, however, is that each time some positive news emerges about a vaccine — and believe me I’
UK to set up ‘pro-competition’ regulator to put limits on big tech
The U.K. is moving ahead with a plan to regulate big tech, responding to competition concerns over a “winner-takes-all” dynamic in digital markets.
It wl set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for internet platforms — including tho
Alibaba vies for a piece of China’s booming EV market
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of a