Toyota took advantage of CES 2018 to signal a major shift in its business, becoming what company president Akio Toyoda termed a “mobility service company” during his keynote presentation. Toyota seems poised to embrace mobility services as a core part of its overall business, rather than an offshoot or subsidiary concern, based on Toyoda’s comments
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Ring, the connected home security gadget startup, has acquired Mr. Beams, a maker of LED lighting with wireless connectivity and motion-sensing capabilities. The Mr. Beams acquisition is intended to help Ring bolster its existing portfolio of connected doorbells, video cameras and combination floodlight/cameras with affordable, modular lighting that can integrated with Ring’s software and services.
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Citiesocial, a Taipei-based startup that helps emerging brands break into Asia’s e-commerce market, has raised $2.75 million led by Alibaba Taiwan Entrepreneurs Fund, a non-profit backed by Alibaba Group to support local startups. CDIB Capital and returning investor Cherubic Ventures also participated. The capital will be used to expand citiesocial into China, South Korea and
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Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way. The
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Nvidia will power artificial intelligence technology built into its future vehicles, including the new I.D. Buzz, its all-electric retro-inspired camper van concept. The partnership between the two companies also extends to the future vehicles, and will initially focus on so-called “Intelligent Co-Pilot” features, including using sensor data to make driving easier, safer and more convenient
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CES 2018 is here and it feels different to the TechCrunch team. Maybe we’re jaded. We’ve been doing this for years, fighting the scrum and braving this unholy city of filth. CES 2018 feels more corporate than in the past few years. Google is here in a major way. The company has a two-story booth
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Analyst Gartner put out a 10-strong listicle this week identifying what it dubbed “high-impact” uses for AI-powered features on smartphones that it suggests will enable device vendors to provide “more value” to customers via the medium of “more advanced” user experiences. It’s also predicting that, by 2022, a full 80 per cent of smartphones shipped
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Verizon (which owns this publication) announced today that it has acquired Niddel, a startup that bills itself as an autonomous threat detection service. The acquisition price was not disclosed. Niddel’s primary product, Niddel Magnet is a subscription service that uses machine learning to locate infected or compromised machines inside an organization. It works completely autonomously
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Global app revenue climbed 35 percent in 2017 to reach nearly $60 billion, according to a new report today from app intelligence firm Sensor Tower, which measured paid apps, subscriptions, and in-app purchases across both Apple’s App Store and Google Play. However, Apple is the one pulling in the most revenue, the report found –
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