TechCrunch Industry News

YSplit wants to make it so you never owe your friends money again When you live with roommates or go out often with friends, it’s common for someone to front the payment — be that for utilities, the cable bill, rent or the restaurant bill — and have everyone else pay them back via cash, Venmo or Apple Pay. But YSplit, a company launching out of Y Combinator, wants to make it so you never have to owe anyone ever again. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s a tricky proposition for a product launch: last year’s model, but with fewer features. But sometimes the rules of consumer electronic update cycles were made to be broken — or at the very least, a little bent. Last year’s Versa was itself a paring down from the company’s first true smartwatch, the Ionic. In that case, things worked out great. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Salesforce is celebrating its 20th anniversary today. The company that was once a tiny irritant going after giants in the 1990s Customer Relationship Management (CRM) market, such as Oracle and Siebel Systems, has grown into full-fledged SaaS powerhouse. With an annual run rate exceeding $14 billion, it is by far the most successful pure cloud application ever created. Twenty years ago, it was just another startup with an idea, hoping to get a product out the door. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ten years after the launch of Foursquare at SXSW, the company is laying its technology bare with a futuristic version of its old app that doesn’t require a check-in at all. The godfather of location apps is returning to the launchpad with Hypertrending, but this time it hopes to learn what developers might do with real-time info about where people are and where they aren’t. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It was only a matter of time before I let a robot enter my apartment and run wild. Roomba’s have been around since 2002, so it’s somewhat odd that it took me so long to get on board the robot vacuum train. But, alas, I’ve been testing the Roborock S5, a combo vacuum and mop, in my apartment for the last few weeks. TL;DR: I love him. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Over a quarter of U.S. adults now own a smart speaker, typically an Amazon Echo U.S. smart speaker owners grew 40 percent over 2018 to now reach 66.4 million – or 26.2 percent of the U.S. adult population – according to a new report from Voicebot.ai and Voicify released this week, which detailed adoption patterns and device market share. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elton John’s farewell tour marks the beginning for an audio augmenting wearable The good and bad of attending the legendary musician’s MSG show with headphones in your ears It’s not a great time to be a live venue. Once the only game in town, clubs, arenas and other live event spaces now have to compete with the seemingly endless on-demand entertainment options. Competing with the convenience of 4K Netflix on a 50-inch screen is a big ask, even for the biggest stars. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is it happening? Is it not happening? After years of back and forth, it looks like the new tax on tech giants in France is about to become a law. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. France’s Economy Minister Bruno Le Maire has been lobbying for a new tax so that tech giants would stop optimizing their European corporate structure to lower their effective tax rate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The president has to remember a lot of names! Some he remembers, some he forgets. But we will never forget today in the Year of Our Lord 2019 when President Trump called Apple CEO Tim Cook “Tim Apple.” Maybe we’re just losing our minds waiting for a good meme, but there’s something relentlessly good and pure about calling the executive formerly known as Tim Cook “Tim Apple.” Tim Cook: Great guy, great phones. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A court in Paris has dismissed a case against Airbnb, as Le Monde reported. Last month, the City of Paris sued Airbnb for 1,010 illegal listings. According to the mayor’s office, Airbnb failed to comply with regulation in Paris. Paris has been trying to limit the effect on Airbnb on the housing market in Paris. Paris is one of the top cities for Airbnb in the world. A few years ago, many people stopped renting their apartments the traditional way in favor of Airbnb. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a recent Twitter thread, comedian Miel Bredouw recounted some shady behavior by Barstool Sports’ legal team. In fact, even Barstool Sports founder Dave Portnoy isn’t trying to defend it, and instead reportedly described it as “moronic,” admitting it, “makes us look like assholes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“Then I took your ancestor Abraham from the other side of the Euphrates River and led him through the entire land of Canaan. I multiplied his descendants, and gave him his son Isaac.” That’s a passage from Joshua 24:3 in describing how Abraham “crossed over” the demarcation line into a spiritual awakening. It’s also the inspiration for the name of Cross River Bank (CR), led by its charismatic founder Gilles Gade. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ava Duvernay releases the first trailer for her Netflix series about the Central Park Five Celebrated director Ava DuVernay has released a harrowing first teaser trailer for her highly anticipated Netflix series about the Central Park rape case from the 1980s. The true story of the five African American and Hispanic teens who were wrongfully accused and convicted of the rape of a jogger in Central Park made headlines in 1989 in the wake of the attack and over the course of the subsequent trial. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Granted, this news is maybe a bit too late. Samsung’s already sold out of the free Galaxy Buds it was throwing in with S10 pre-orders. That said, the new Bluetooth earbuds are worth the $129 asking price, especially for Galaxy device owners. As with many fellow S10 reviewers, I’ve been using the Buds for about a week now. They happily hitched a ride in my ears from San Francisco to Barcelona and then back home to New York. And I’ve been digging them the whole time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello and welcome to an Equity Shot, a short-form episode of the show where we dive into a single breaking news story. Guess what we’re talking about today?! It’s Lyft . You guessed correctly. The Lyft S-1 is the very first major S-1 event of 2019. As you might recall, the government shutdown gummed the IPO process by halting the Securities and Exchange Commission, an agency that plays the most active role in helping a company go public. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hardworking drivers, rejoice! As part of Lyft’s initial public offering, the transportation company is deciding to reward the drivers who form the backbone of the company’s core service. The program will give a maximum cash bonus of $10,000 to drivers “in good standing” who have completed at least 20,000 rides as of Feb. 25, 2019. On the lower end, Lyft will give drivers who have completed at least 10,000 rides as of Feb. 25, 2019 a $1,000 one-time cash bonus. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Believe it or not, the retention of black and Latinx employees at Google was better last year than in 2017. Though, Google’s attrition rates of black and Latinx — which indicate the rate at which employees leave on an annual basis — are still higher than the national average. For Native American employees, Google’s attrition rates significantly increased from the year prior. To be clear, that’s a bad thing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesla buyers might have a hard time ordering a vehicle through its website for the next several hours. The “order” webpages for the Model 3, Model S and Model X vehicle all redirect to show nebulous message that reads “”The wait is almost over.” Below the main message, it reads “Great things are launching at 2 pm.” Tesla CEO Elon Musk tweeted Feb. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fortnite Season 8 is almost here. There’s a lot we don’t know — most things, really — but the long wait will be over soon. If you can’t stand the anticipation or the requisite server downtime, we’re here to speculate so you’ll be mildly less bored. It worked for us. If Fortnite’s snowy Season 7 felt like it was dragging on through winter, things look to be warming up and melting out. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Party planning can be fun if you have the time for it and happen to know what you’re doing. For the rest of us, it can be a daunting, time-consuming endeavor, one that requires visits to numerous websites, in-store visits when those products invariably don’t arrive in time, then return visits to pick up those last items that you could have sworn you’d thrown in your shopping cart but did not. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twitter’s new prototype testing program isn’t the only way it’s working to fix conversations on its site. The company confirmed it’s currently running another public-facing test focused on making Twitter “more conversational” – but this time with Retweets instead of Replies. The test involves using a thin line to connect a quote-style retweet to the person commenting on the tweet, instead of placing the quoted tweet in a box as before. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Microsoft is scheduled to hold a major press conference at MWC Barcelona later today. With Satya Nadella and Alex Kipman in attendance, the expectation has long been that the company would use the event to show off the next version of its HoloLens mixed reality headset. Just hours before the event, though, Twitter user WalkingCat spoiled at least some of the surprise by leaking four images of the new device. These are the first images of the new HoloLens we’ve seen. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Xiaomi doesn’t want to miss the 5G bandwagon — the company just unveiled its first smartphone that comes with a 5G modem at a press conference in Barcelona. The Mi Mix 3 5G is a new variant of the Mi Mix 3, a phone that Xiaomi originally released in October 2018. The company is trying to create a bezel-less phone with the Mi Mix line. Instead of a notch or a punch-hole display, Xiaomi has opted for a sliding front-facing camera. The result is a 93.4 percent screen-to-body ratio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesla and SpaceX CEO Elon Musk has been teasing — and his fanbase has been making pleas — to host a meme review. And after tweeted hints, meme review has arrived via YouTube star PewDiePie. Musk tweeted last month a photo and a question “Host meme review?” Host meme review? pic.twitter. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello and welcome back toEquity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. What a week. It had looked a bit quiet with just a few big rounds to cover. I was looking forward to a relaxed episode, frankly. But no, as Kate and I were prepping the show notes, the News Gods opened the heavens and dropped a fifty-weight of mana right on our heads. It was a lot of news. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In what may well be the most Samsung move in Samsung history, Samsung just introduced four new Samsung S10 models. For the 10th anniversary of the flagship line, Samsung is going all in on this thing. And with more information expected on Samsung’s upcoming foldable, well, that’s a lot of Samsungs, Samsung. Before we dive in to what’s bound to be a lot of words about a lot of phones, here’s the basic breakdown of the line: S10: The flagship. 6.1 inch. Starts at $900. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ride-hailing company Lyft plans to file its initial public offering in March, possibly beating rival Uber to the milestone. Two reports, one from Reuters, the other from WSJ, indicate Lyft plans to list its shares on Nasdaq next month. The WSJ, citing unnamed sources, reported Lyft may make the filing public as early as next week. Reuters also reported that the ride-hailing company plans to launch the roadshow for itsIPO during the week of March 18. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mark Zuckerberg says it might be right for Facebook to let people pay to not see ads, but that it would feel wrong to charge users for extra privacy controls. That’s just one of the fascinating philosophical views the CEO shared during the first of his public talks he’s promised as part of his 2019 personal challenge. Learn more about your ad choices. Visit podcastchoices.com/adchoices

iOS 12, Apple’s latest mobile software for iPhone and iPad, is out. The new software packs in a bunch of new security and privacy features you’ve probably already heard about. Here’s what you need to do to take advantage of the new settings and lock down your device. 1. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Huawei’s founder has come out fighting against the U.S. government after he claimed that “there’s no way the US can crush us.” Ren Zhengfei, who founded the telecom company in 1987, doesn’t often make public statements, but, in a rare interview with the BBC, he defiantly claimed that Huawei’s business is growing stronger amid pressure from the U.S. government, whichis pursuing criminal chargesover alleged business dealings in Iran. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alarming reports popped up on Twitter late Thursday of incident involving an armed individual at Netflix’s Hollywood office on Sunset Blvd. TechCrunch has confirmed with the Los Angeles Police Department that a call reporting a man with a gun first came in at 3:53 Pacific Time. According to the LAPD, there were no shots fired, no reports of injuries and the suspect in question has been taken into custody. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Did New York lose anything with Amazon’s rejection? It’s complicated. Amazon announced yesterday that it’s taking its ball and going home, rather than dealing with mean, pushy New Yorkers (warning: not an exact quote). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello and welcome back toEquity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a treat. We had TechCrunch’s own Connie Loizos in the studio along with your humble servant and General Catalyst’s Niko Bonatsos. A fine group for a busy week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Boston and New York have been sporting rivals for decades, constantly fighting over bragging rights across all four major sports, but today the two cities had something in common neither was probably hoping for. Both had major tech companies back out of massive deals on the same day. It turns out, however, the two cities lost the deals for entirely different reasons. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“If AI is so easy, why isn’t there any in this room?” asks Ali Farhadi, founder and CEO of Xnor, gesturing around the conference room overlooking Lake Union in Seattle. And it’s true — despite a handful of displays, phones, and other gadgets, the only things really capable of doing any kind of AI-type work are the phones each of us have set on the table. Yet we are always hearing about how AI is so accessible now, so flexible, so ubiquitous. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apple has made a small but important change to iOS that will allow users an easier way to manage their app subscriptions. In the latest release of the mobile operating system (iOS 12.1.4 and 12.2 beta), the company has relocated the “Manage Subscriptions” setting so it’s only one click away when you tap on your profile in the App Store, instead of being buried more deeply within the settings. This may seem like a minor change, but it was a much-needed one. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Earlier this week, Slack announced that it has filed the paperwork to go public at some point later this year. The big question is, will the company exit into the public markets as expected, or will one of the technology giants swoop in at the last minute with buckets of cash and take them off the market? Slack, which raised over $1 billion on an other worldly $7 billion valuation, is an interesting property. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Micah Rosenbloom Contributor Micah Rosenbloom is a venture partner at Founder Collective. More posts by this contributor Business school grads and quants are winning the battle to create the next P&G Startups need to respect the laws of retail physics Unlike 2000 and 2008, everyone in the startup world is expecting a crash to come at any moment, but few are taking concrete steps to prepare for it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A decade ago, about a dozen or so engineers gathered at Google’s main Mountain View campus on Charleston Road to work on Project Chauffeur, a secret endeavor housed under the tech giant’s moonshot factory X. Project Chauffeur — popularly know as the “Google self-driving car project” — kicked off in January 2009. It would eventually graduate from its project status to become a standalone company called Waymo in 2016. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What to expect from Mobile World Congress 2019 Foldables and 5G all the way down I’ve said it before, and I’ll say it again: 2019 just might be the year that smartphones get fun again. After years of similar form factors and slight upgrades, the mobile industry’s back is against the wall. For the first time ever, sales are down, owning to economic factors and slower upgrade cycles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello, and welcome back toEquity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate Clark and I sat down to get through the biggest news in the venture and startup world. This is our regular episode of the week after a shot focused on the Slack IPO, and an interview concerning Facebook. So, back to our roots. And as has been the case for months and months now, there was a lot to get through. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you can’t beat or join them…force feed ’em? That appears to be Instagram’s latest strategy for IGTV, which is now being shoved right into Instagram’s main feed, the company announced today. Instagram says that it will now add one-minute IGTV previews to the feed, making it “even easier” to discover and watch content from IGTV. Uh. IGTV, you may recall, was launched last year as a way for Instagram to woo creators. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French company Chauffeur-Privé is going to expand aggressively over the next couple of years. That’s why the company is changing its name to Kapten — a name that sounds less French. “We wanted to share with you a very important piece of news,” Kapten co-founder and CEO Yan Hascoet said in a press conference. “We changed our name while keeping the same positioning. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesla has opened an Amazon store to spread its swag far and wide Tesla has had a brisk merch business for years now, thanks to its fervent owner base and fans, who are enthusiastic supporters of the company and its CEO Elon Musk. But until now, those Tesla-branded items — everything from water bottles and hats to jackets, chargers and once a surfboard — have been sold through the automaker’s own website. Tesla has now expanded it merch ambitions and opened a store on Amazon. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vice Media plans to cut 250 jobs — about 10 percent of its total workforce. The Hollywood Reporter broke the news. When contacted by TechCrunch, a Vice spokesperson confirmed the story but declined to comment further. This comes after a brutal couple of weeks in the media business, as companies began the year with major cuts. BuzzFeed is trimming its staff by 15 percent. Verizon Media Group (which owns TechCrunch) laid off 10 percent of its workforce. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A number of Twitter users have been complaining that tweets that were retweeted by people they don’t follow are now showing in their timeline. The issue, thankfully, is not related to a new Twitter algorithm or recommendation system, as some had feared. Instead, the company confirmed that a bug affecting Android users was mislabeling the “social proof” tag on Retweets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lowe’s is killing off and bricking its Iris smart home products at the end of March If you’ve got any gear from Lowe’s Iris line of smart home products, it’s time to start looking for alternatives. Lowes has announced that the line is toast, with plans to flip the switch on “the platform and related services” at the end of March. In other words: much of this once smart connected gear is about to get bricked. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Two of Facebook’s four fact-checking partners in the U.S. have left the program as of the beginning of this year: Snopes, which recently rebuffed reports that its relationship with Facebook was strained, and the Associated Press. Both confirmed they are leaving the program, but left the possibility of future collaboration open. Learn more about your ad choices. Visit podcastchoices.com/adchoices

I know first-hand how frustrating it is to get locked out of your Google accountand to lose access to much of your online life. I’m hoping this simple work-around will help get you get through the account recovery process much faster than the manual method, which takes a minimum of 3-5 days (and in my case ended up taking weeks). This week, a colleague who remembered my article on my lock-out experience, asked me for advice after she was locked out of her account. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nintendo held off on building smartphone games for years, but now they just can’t stop. They started with a little stumble with the short-lived Miitomo, but then found an audience with Super Mario Run. Then came Fire Emblem Heroes. Then Animal Crossing: Pocket Camp, and Dragalia Lost. Next up? Dr. Mario. Nintendo announced this afternoon that it’s working on a title called Dr. Mario World, built in collaboration with LINE (as in the company that makes the LINE chat app. Learn more about your ad choices. Visit podcastchoices.com/adchoices