Friday, September 28, 2018

The SEC is suing Elon Musk. It's The Daily Crunch.

THE DAILY CRUNCH
FRIDAY, SEPTEMBER 28 2018 By Anthony Ha

The SEC sues Elon Musk, Julian Assange steps down at WikiLeaks and Google launches new travel-planning tools. Here's your Daily Crunch for September 28, 2018.

1. Here is the SEC complaint against Elon Musk and Tesla

The Securities and Exchange Commission is suing Elon Musk following the Tesla CEO's tweets involving a planned private takeover of the electric car company at $420 per share.

The SEC alleges that "in truth and in fact, Musk had not even discussed, much less confirmed, key deal terms, including price, with any potential funding source."

2. With his internet cut off, Julian Assange steps down as editor of WikiLeaks

WikiLeaks' contentious founder Julian Assange will step aside, letting former WikiLeaks spokesperson Kristinn Hrafnsson take the reins due to what the organizations calls "extraordinary circumstances" that have seen Assange "held incommunicado" in London's Ecuadorian embassy.

3. Coinbase now lets users buy 'bundles' and launches its own index for the top 50 coins

Coinbase is shaking things up quite a bit lately and its latest tools are geared toward cryptocurrency traders just getting their toes wet.

4. The Zennström manifesto

With a "techlash" underway, Atomico founder Niklas Zennström still believes a fourth industrial revolution can save us from the first three.

5. Google launches new travel-planning tools

Maybe the most interesting tool, especially if you're planning to travel over the holidays, is a new landing page that shows you when to best book your flights ahead of Thanksgiving, the December holidays and New Year's, based on 2017's price changes. (I probably should have checked this before I bought my Thanksgiving tickets.)

6. Tech In Asia lays off staff after canceling planned ICO

The Singapore-based company — which operates a popular blog and events business in Southeast Asia — laid off as many as one-third of its staff after it went back on a plan to raise money from an ICO.

7. Compound launches easy way to short cryptocurrencies

Think Ethereum and other crypto coins are overvalued? Now you can make money when their prices fall via Compound.

Get more stories at techcrunch.com 

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Thursday, September 27, 2018

Facebook unveils the latest Oculus headset. It's The Daily Crunch.

THE DAILY CRUNCH
THURSDAY, SEPTEMBER 27 2018 By Anthony Ha

Facebook unveils a new Oculus headset, Google turns 20 and NASA reveals long-term plans to reach Mars. Here's your Daily Crunch for September 27, 2018.

1. Facebook's newest VR headset, Oculus Quest, ships in the spring for $399

With a $399 price tag, the Quest is more expensive than the already-released Oculus Go, but the Go ran on a last-gen mobile chipset and lacks the ability to freely move through space while being tracked.

The standalone Quest, on the other hand, will be the first wireless Oculus hardware to sport positional tracking, both for the headset itself and the dual hand controllers. The headset will ship with 50-plus games made specifically for the device at launch.

2. Here are all of Google's 20th anniversary Easter eggs

There's the obligatory Doodle, but in addition, certain 1998-style queries will prompt the suggestion "It's 2018! Did you mean ..." And Google Street View will take visitors inside the garage where it all started.

3. NASA's bold-ish plan for the next era takes us to the moon and Mars… eventually

The National Space Exploration Campaign is the name of NASA's overarching plan to stop worrying about low Earth orbit (LEO), ditch the ISS, win the next moon race and then head off to Mars.

4. Compass nabs $400M, valuing the real estate technology startup at $4.4B

Compass at its most basic offers a clear and easy way for property owners to list, market and sell properties. But it has also built its business in a quite traditional way, too: by adding people.

5. Crypto mining giant Bitmain reveals heady growth as it files for IPO

The company grossed more than $2.5 billion in revenue last year, a near-10X leap on the $278 million it claims for 2016. And it says that revenue for the first six months of this year surpassed $2.8 billion.

6. Facebook poisons the acquisition well

Josh Constine argues that after a half-decade of being seen as one of the most respectful and desired acquirers, a series of clashes have destroyed the image of Facebook's M&A division.

7. Opendoor just raised $400M in funding from SoftBank's Vision Fund

The Compass investment was also led by SoftBank, so it seems like the firm is making a big investment in real estate tech.

Get more stories at techcrunch.com 

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