China is funding the future of American biotech

October 20, 2018 Editor 0

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this year into life science and biotech in the US than they have back home, providing financing for over 300 US-based companies, per Pitchbook. That’s the story at […]

Early-stage SaaS VC slip snaps recovery as public software stocks soar

October 20, 2018 Editor 0

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor International growth, primarily in China, fuels the VC market today Corporate venture investment climbs higher throughout 2018 A few months ago, Crunchbase News reported that a longstanding period of SaaS investment stagnation had come to an end. However, the investment boom times didn’t necessarily carry over to the seed and early-stage end of the subscription software businesses. The chart below displays deal […]

Khashoggi’s fate shows the flip side of the surveillance state

October 20, 2018 Editor 0

It’s been over five years since NSA whistleblower Edward Snowden lifted the lid on government mass surveillance programs, revealing, in unprecedented detail, quite how deep the rabbit hole goes thanks to the spread of commercial software and connectivity enabling a bottomless intelligence-gathering philosophy of ‘bag it all’. Yet technology’s onward march has hardly broken its stride. Government spying practices are perhaps more scrutinized, as a result of awkward questions about out-of-date legal oversight regimes. Though whether the resulting legislative updates, putting an […]

Free societies face emerging, existential threats from technology

October 20, 2018 Editor 0

Bilal Zuberi Contributor Share on Twitter Bilal Zuberi is a partner at Lux Capital, and is on the boards of Evolv Technology, CyPhy Technologies, and Nozomi Networks, among others. Silicon Valley is currently, and correctly, under fire for the failure of leading platforms such as Facebook, Google and Twitter to protect against the spread of disinformation, hate speech and efforts to disrupt our elections. I don’t know why these companies behaved as they did. But whatever the reason – naiveté, […]

Apply for free tickets to Startup Battlefield Latin America 2018

October 20, 2018 Editor 0

We’re just a few short weeks away from the inaugural Startup Battlefield Latin America 2018 that takes place November 8 at the Tomie Ohtake Institute in São Paulo, Brazil. That’s when up to 15 of Latin America’s exceptional early-stage startup founders will launch their companies to the world as they compete for cash, glory and investor love. It promises to be a fierce competition, and we want you to come revel in the excitement, the knowledge-sharing, the networking and the […]

New ‘Dark Ads’ pro-Brexit Facebook campaign may have reached over 10M people, say researchers

October 19, 2018 Editor 0

A major new campaign of disinformation around Brexit, designed to stir up U.K. ‘Leave’ voters, and distributed via Facebook, may have reached over 10 million people in the U.K., according to new research. The source of the campaign is so far unknown, and will be embarrassing to Facebook, which only this week claimed it was clamping down on “dark” political advertising on its platform. Researchers for the U.K.-based digital agency 89up allege that Mainstream Network — which looks and reads […]

Watch BepiColombo’s twin spacecraft launch tonight on a mission to Mercury

October 19, 2018 Editor 0

Humanity is about to return to the hottest planet in the solar system. BepiColombo is a mission to Mercury conducted jointly by the European and Japanese space agencies, due to launch from French Guiana at 6:45 PM Pacific time tonight aboard an Ariane 5 rocket. But while there’s just the one launch, there are two spacecraft. The broadcast starts at 6:15; you can watch the launch at this link or the bottom of this post. The last time we visited […]

Domio just raised $12 million in Series A funding to build “apart hotels” across the U.S.

October 19, 2018 Editor 0

Hotels can be pricey, and travelers are often forced to leave their rooms for basic things, like food that doesn’t come from the minibar. Yet Airbnb accommodations, which have become the go-to alternative for travelers, can be highly inconsistent. Domio, a two-year-old, New York-based outfit, thinks there’s a third way: apartment hotels, or “apart hotels,” as the company is calling them. The idea is to build a brand that travelers recognize as upscale yet affordable, more tech friendly than boutique […]

Lessons from building Brex into a billion-dollar startup

October 19, 2018 Editor 0

Henrique Dubugras Contributor Share on Twitter Henrique Dubugras is the founder Brex, the billion-dollar corporate credit provider for startups. When I think about my experience as an immigrant and entrepreneur in Silicon Valley, I remember growing up in Brazil and how we saw tech founders and CEOs as kings. We imagined what it would be like to assume the throne. But these weren’t just any kings. Silicon Valley was the kingdom of nerds and underdogs. We identified with these guys, […]

Facebook launches ‘Hunt for False News’ debunk blog as fakery drops 50%

October 19, 2018 Editor 0

Facebook hopes detailing concrete examples of fake news it’s caught — or missed — could improve news literacy, or at least prove it’s attacking the misinformation problem. Today Facebook launched “The Hunt for False News,” in which it examines viral B.S., relays the decisions of its third-party fact-checkers and explains how the story was tracked down. The first edition reveals cases where false captions were put on old videos, people were wrongfully identified as perpetrators of crimes or real facts […]