Facebook wants to build brain-controlled wearables

THE DAILY CRUNCH WEDNESDAY, JULY 31 2019 By Anthony Ha Facebook reveals its research into brain-controlled wearable devices (yes, really), iPhone sales dip and Samsung announces a new Galaxy Tab. Here's your Daily Crunch for July 31, 2019. 1. Facebook is exploring brain control for AR wearables Facebook revealed that it's working with UCSF to research a brain-computer interface as a way to control future augmented reality interfaces. The company says the approach would involve "a non-invasive wearable device that lets people type just by imagining what they want to say." The company acknowledged that there are some thorny privacy issues here: "Neuroethical design is one of our program's key pillars — we want to be transparent about what we're working on so that people can tell us their concerns about this technology." 2. Apple's revenue growth slows as iPhone sales dip 12% year-over-year Across categories, iPhone revenue had the biggest year-over-year dip, going from $29.5 billion in last year's Q3 to just $26 billion this most recent quarter. SPONSORED CONTENT: BREX A corporate card actually built for you? Brex is the first corporate card built to help ambitious companies grow. Brex provides business cards with no founder liability, industry-specific rewards programs, automated receipt capture and direct integrations into top accounting software. Get waived fees for life with this special offer. Learn More… 3. Samsung targets iPad Pro with the Galaxy Tab S6 Samsung's latest tablet is going after the same slice of creatives targeted by the iPad Pro and various Surface devices. Its most appealing feature may be the addition of the latest Qualcomm Snapdragon processor. 4. Spotify hits 108M paying users and 232M overall, but its average revenue per user declines "We missed on subs… That's on us," the company said. 5. The maker of popular selfie app Facetune just landed $135 million at a unicorn valuation Facetune, a photo-editing app that empowers users to cover their gray hairs, refine their jaw lines and reshape their noses, was first introduced around six years ago. Its parent company Lightricks is based in Jerusalem and has 260 employees supporting six products across three divisions. 6. How the new 'Lion King' came to life Even though the film looks like a live-action remake of "The Lion King," every shot (except for the first) was created on a computer. 7. The dreaded 10x, or, how to handle exceptional employees The very concept of a 10x engineer seems so… five years ago. (Extra Crunch membership required.) 8. Bindu Reddy, co-founder and CEO at RealityEngines, is coming to TechCrunch Sessions: Enterprise RealityEngines is creating research-driven cloud services that can reduce some of the inherent complexity of working with AI tools. Get more stories at techcrunch.com  Newest Jobs From CrunchBoard: Senior Software Engineer at Summit Search Consultants (Chicago, IL, USA) Senior Systems Engineer (Officer, Systems Engineering) at The Pew Charitable Trusts (Washington, D.C., USA) Business Development Manager - Venture Technology Group at Dentons US LLP (New York, USA) Server & Storage Architecture Supervisor at Pennsylvania Turnpike Commission (Middletown, PA, United States) Technology Venture Professional for Northpond Ventures at Northpond Ventures (Bethesda, MD, United States) SEE MORE JOBS ON CRUNCHBOARD Post your tech jobs and reach millions of TechCrunch readers for only $200 per month View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2019 Oath Tech Network. All rights reserved. 410 Townsend Street, San Francisco, CA 94107

                                                           

Capital One discloses enormous data breach

THE DAILY CRUNCH TUESDAY, JULY 30 2019 By Anthony Ha Capital One discloses a major hack, Huawei reports "robust" earnings with a major asterisk and Compass is now worth $6.4 billion. Here's your Daily Crunch for July 30, 2019. 1. Capital One hacked, over 100 million customers affected Another day, another data breach. This time, the company involved is Capital One, which says the breach affects roughly 100 million individuals in the U.S., and 6 million in Canada. The data leaked potentially includes "names, addresses, ZIP codes/postal codes, phone numbers, email addresses, dates of birth, and self-reported income," as well as information like "credit scores, credit limits, balances, payment history, contact information." 2. What Huawei didn't say in its 'robust' half-year results The media has largely bought into Huawei's "strong" half-year results today, but there's a major catch in the report: the company's quarter-by-quarter smartphone growth was zero. 3. Real estate platform Compass raises another $370M on a $6.4B valuation en route to an IPO The platform is not just a marketplace to connect buyers to real estate agents to sellers, but an engine that helps figure out pricing, timing for sales and how to stage homes to get the best prices and most sales. 4. Monday.com raises $150M more, now at $1.9B valuation, for workplace collaboration tools The big bump is in part due to the company's rapid expansion; it now has 80,000 organizations as customers, up from a mere 35,000 a year ago. 5. The Museum of Future Experiences offers a spooky, surreal take on VR The experience isn't easy to describe, but afterwards, I felt equal parts amused, excited and unsettled, and I knew this wasn't like any other VR I'd seen. 6. Techstars nabs $42M to expand its global presence Techstars is both a fund deploying capital to early-stage upstarts and an operating business nearing $100 million in annual revenue. Its latest equity investment will fuel the latter. 7. Facebook and YouTube's moderation failure is an opportunity to deplatform the platforms While the major platforms reap the bitter harvest of years of ignoring the issue, startups can pick up where they left off. (Extra Crunch membership required.) Get more stories at techcrunch.com  Newest Jobs From CrunchBoard: Senior Systems Engineer (Officer, Systems Engineering) at The Pew Charitable Trusts (Washington, D.C., USA) Business Development Manager - Venture Technology Group at Dentons US LLP (New York, USA) Server & Storage Architecture Supervisor at Pennsylvania Turnpike Commission (Middletown, PA, United States) Technology Venture Professional for Northpond Ventures at Northpond Ventures (Bethesda, MD, United States) Software Developer at Quorum (Washington, DC, USA) SEE MORE JOBS ON CRUNCHBOARD Post your tech jobs and reach millions of TechCrunch readers for only $200 per month View this email online in your browser Privacy Policy | Terms of Service | Unsubscribe © 2019 Oath Tech Network. All rights reserved. 410 Townsend Street, San Francisco, CA 94107