Crunch Report | Postmates Shows Signs of Hard Times

The first ICO unicorns have arrived, the Nest Thermostat E is a new cheaper, simpler thermostat, Postmates laid off all its city managers yesterday and the latest SanDisk microSD card can now hold 400 GBs of data. All this on Crunch Report! Read More

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Spotify’s head of video and podcasts departs amid strategy shift

 Tom Calderone, Spotify’s head of video and podcasts, is departing the company amid a shift in content strategy.  The news was first identified by Bloomberg.  The digital streaming business, known for its music playlists, had expanded into other categories like original video, but the company has confirmed that it’s changing its approach. Said a spokesperson, going forward… Read More

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Google’s Transformer solves a tricky problem in machine translation

 Machine learning has turned out to be a very useful tool for translation, but it has a few weak spots. The tendency of translation models to do their work word by word is one of those, and can lead to serious errors. Google details the nature of this problem, and their solution to it, in an interesting post on its Research blog. Read More

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Please let The Friendship Code and its tech-savvy girls be the new Baby-Sitters Club

 Okay, full disclosure, I never read any Baby-Sitters Club book. But you know what I’m talking about, right? We all had some endless series we read where a few kids just like us navigated the vicissitudes of life, teaching us lessons along the way. I’m hoping that The Friendship Code, which aims to do that — but with tech and coding woven in — will become that series for… Read More

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Basis Set Ventures gets real to get to the heart of AI startups

 Lan Xuezhao has spent the last few months pulling together $136 million for her new machine intelligence-focused venture capital fund, Basis Set Ventures. I met Xuezhao for tea on a park bench in Potrero Hill earlier this week to chat about her strategy for the fund. Read More

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Twitch’s new extensions let streamers customize their channel, make money from Amazon sales

 Twitch today is introducing a suite of tools called Twitch Extensions that will allow its streamers to customize their channel pages with interactive features, including polls, leaderboards, tickers, schedules, overlays, and even virtual pets, among other things. Beyond simply personalizing their channel to make it more engaging to fans, the extensions in some cases will help streamers… Read More

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Uber hires former Facebook exec and Firefox founder Blake Ross

 Uber has hired Firefox co-founder Blake Ross, to work with them on product strategy. Ross will be working with the ridesharing company part-time from Los Angeles. He announced it on Facebook, where he once worked as director of product.  “I’m joining Uber to help develop product strategy, rally the troops, and improve my passenger rating,” quipped Ross. The news comes just… Read More

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