Thursday, October 31, 2019

vivo S5 is arriving on November 14

vivo teased the S5 earlier this week and today the company announced the smartphone will be unveiled on November 14 at an event in Hangzhou, China. The company made the announcement by posting a video on Weibo. It doesn't reveal much about the S5, but the smartphone was spotted in a video last week with three cameras on its back arranged in a diamond-shaped formation. Details are scarce about the vivo S5 right now, but seeing how the S1 and S1 Pro were photo-centric devices, we expect the S5 to be aimed at the same audience and come with a 48/64MP primary camera and a 32MP...



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Huawei MatePad Pro leaks with slim bezels, punch-hole camera, stylus

A couple or so weeks ago an unannounced Huawei tablet leaked in some official-looking (yet low quality) renders, showing a punch-hole display housing a selfie camera in one corner, incredibly thin bezels for a tablet, a keyboard accessory, and a stylus that magnetically attaches to the tablet's top side. Today Evan Blass, aka @evleaks, has outed a new press render of the same device, and also provided us with its commercial name. It's going to be called Huawei MatePad Pro, and not MediaPad M7, as previously rumored. Given the design, stylus and keyboard support, and the name, Huawei...



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Altria writes down $4.5 billion from its investment in Juul

Facing increasing scrutiny from international and domestic regulators, the Altria Group has decided to write down its investment into the e-cigarette company JUUL by $4.5 billion.

That’s roughly one-third of the $12.8 billion that the tobacco giant had invested into JUUL a little less than one year ago.

What a difference a year has made.

JUUL, which has become synonymous with the vaping phenomenon that has swept the U.S., was once hailed as being at the forefront of a wave of companies that were making smoking obsolete and nicotine consumption safer for consumers.

The company began running into problems as its popularity increased exponentially (in part by allegedly turning to some of the same tactics big tobacco used to target underage consumers).

As the complaints began to roll in, and as JUUL was held responsible for an explosion in the use of tobacco products among underage Americans, the regulatory scrutiny also began to increase.

First the company was compelled to limit its sale of flavored tobacco products. Now it may be forced to pull all of its flavored products outright.

None of the company’s troubles have been helped by the wave of vaping related illnesses that have swept through the U.S. causing several deaths in users across multiple states.

Indeed, a new lawsuit against the company (filed two days ago) alleges that JUUL knowingly sold contaminated pods despite warnings from at least one employee.

First reported by BuzzFeed, the lawsuit was brought by Siddharth Breja, a former senior vice president of global finance at Juul from May 2018 to March 2019.

Breja alleges he was fired for complaining about the charge — a claim that a spokesperson for JUUL called “baseless”.

“[Breja] was terminated in March 2019 because he failed to demonstrate the leadership qualities needed in his role,”a spokesperson for JUUL wrote in an email. “The allegations concerning safety issues with Juul products are equally meritless, and we already investigated the underlying manufacturing issue and determined the product met all applicable specifications.”

The write down by Altria follows an announcement from JUUL that it intends to lay off around 500 people — or roughly 10% of its workforce.



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Japanese instant-credit provider Paidy raises $143 million from investors including PayPal Ventures

Paidy, a Japanese financial tech startup that provides instant credit to consumers in Japan, announced today that it has raised a total of $143 million in new financing. This includes a $83 million Series C extension from investors including PayPal Ventures and debt financing of $60 million. The funding will be used to advance Paidy’s goals of signing large-scale merchants, offering new financial services and growing its user base to 11 million accounts by the end of 2020.

In addition to PayPal Ventures, investors in the Series C extension also include Soros Capital Management, JS Capital Management and Tybourne Capital Management, along with another undisclosed investor. The debt financing is from Goldman Sachs Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank. Earlier this month, Paidy and Goldman Sachs Japan established a warehouse facility valued at $52 million. Paidy also established credit facility worth $8 million with the three banks.

This is the largest investment to date in the Japanese financial tech industry, according to data cited by Paidy and brings the total investment the company has raised so far to $163 million. A representative for the startup says it decided to extend its Series C instead of moving onto a D round to preserve the equity ratio for existing investors and issue the same preferred shares as its previous funding rounds.

Launched in 2014, Paidy was created because many Japanese consumers don’t use credit cards for e-commerce purchases, even though the credit card penetration rate there is relatively high. Instead, many prefer to pay cash on delivery or at convenience stores and other pickup locations. While this makes online shopping easier for consumers, it presents several challenges for sellers, because they need to cover the cost of merchandise that hasn’t been paid for yet or deal with uncompleted deliveries.

Paidy’s solution is to make it possible for people to pay for merchandise online without needing to create an account first or use their credit cards. If a seller offers Paidy as a payment method, customers can check out by entering their mobile phone numbers and email addresses, which are then authenticated with code sent through SMS or voice. Paidy covers the cost of the items and bills customers monthly. Paidy uses proprietary machine learning models to score the creditworthiness of users, and says its service can help reduce incomplete transactions (or items that buyers ultimately don’t pick up and pay for), increase conversion rates, average order values and repeat purchases.



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For the first time in two years, the smartphone market shows signs of life

All is not lost for smartphone manufacturers. On the heels of two years’ of global stagnation, the category is finally showing some signs of life. Much of the bounce back comes as manufacturers are working to correct for dulled consumer interest.

I wouldn’t put too much weight in the numbers right now, as they’re little more than an uptick. Numbers from Canalys put shipment growth at one percent from Q3 2018 to Q3 2019. In most in cases, that would be a modest gain, at best, but this is notably the first time in two years that the numbers have been heading in the right direction.

Samsung saw the biggest gains — a phenomenon the analyst firm chalks up to a shift in strategy to eat some of its profits. The move has paid off for the quarter, with an 11% growth in device shipments to 78.9 million devices shipped. That gives the company the largest global marketshare at 22.4%.

Huawei, too, saw impressive growth, year-over-year, commanding second place with 66.8 million units shipped. Much of its growth came from China, which has ramped up spending on the company’s products as it has run into regulatory scrutiny overseas. Resumption of sales in some international markets helped juice growth as well. Of the top three, Apple continued to struggle the most, with a 7% loss from 2018.

For now, at least, none of the these numbers qualify as full turn around for a stagnant category, though the upcoming roll out of 5G coverage could help numbers in the right direction in the coming year.



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Caviar introduces iPhone 11 Pro with half a kilo of pure gold on its back

Luxury brand Caviar has introduced its new iPhone 11 Pro lineup, called Discovery. This time the theme is the Solar System and the most impressive variant is called Solarius and comes with half a kilo of 18-carat gold on the back. The price of the phone is just over $70,000 to make it the most expensive iPhone 11 Pro you can purchase. The cost can increase to exactly $71,520 if you decide to go for the 512 GB variant of the iPhone 11 Pro Max. Fans of Caviar and Apple can also get an iPhone without the extra 500 grams, if they go for the Mars, Terra or Luna options. They have an...



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Singapore’s Qoo10 acquires Indian online marketplace ShopClues

Qoo10, a Singapore-based e-commerce firm has acquired India’s online marketplace ShopClues in an all-stock deal, the two companies said Thursday. The deal, which per a person familiar with the matter valued ShopClues at $100 million, ends years-long struggle at once thriving Indian firm to find a new home. The new deal will see ShopClues merged with eBay-backed Qoo10.

More to follow…



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What Berlin’s top VCs want to invest in right now

Berlin rose as one of Europe’s leading startup hubs over the last decade, featuring unicorns N26, Delivery Hero, HelloFresh, and Auto1 Group. Berlin attracts developers from Eastern Europe and elsewhere into an international hub where English is the linga franca among startups and costs are noticeably lower than in London or Paris. Rocket Internet, while criticized for launching copycats of successful US startups has trained a deep bench of young software executives in rapidly scaling companies.

As we gear up for our Disrupt Berlin conference in December, I wanted to get a pulse on the types of startups that top VCs in Berlin’s ecosystem are looking to invest in right now, so I asked eleven of them to share examples of the trends they find most exciting:

  • Luis Hanemann, Partner at e.Ventures
  • David Rosskamp, Partner at June Fund
  • Dr. Fabian Heilemann, Partner at Earlybird
  • Simon Schmincke, Partner at Creandum
  • Jan Miczaika, Partner at HV Holtzbrinck Ventures
  • Pawel Chudzinski, Point Nine Capital
  • Ciaran O’Leary, Partner at Blueyard Capital
  • Jan Borgstädt, Partner at JOIN Capital
  • Christoph Schuh, Partner at Lakestar
  • Anton Waitz, Partner at Project A
  • Filip Dames, Partner at Cherry Ventures

The range of interests hints at the expanse of Berlin’s startup ecosystem right now, with VCs focused on everything from fintech, agtech, and B2B marketplaces to audio, travel, and transportation.

Here are their responses:

 

Luis Hanemann, Partner at e.Ventures

“We see multiple trends emerging, in the B2C segment we see Audio is booming and is right for disruption. It’s amazing to see the development in the space. Our beloved Berlin-based  portfolio company Blinkist is addressing this topic and we have done a recent investment in Podimo, which is building the Netflix for Podcasts, launching soon in Germany.”

 

David Rosskamp, Partner at June Fund

“We spend a lot of time thinking around large macro themes and investing into them in a structured way. One central field of attention has been the agricultural world, in particular the flow of goods and information. We see a large need, and an equally large economic opportunity in digitizing these flows, in providing transparent access to agricultural supplies and in empowering millions of small-scale farmers. So June has invested in agricultural trading networks from Europe to Africa. It clearly matches our investment thesis: global, network-driven enterprises that the world needs. We have similar investments in healthcare or decentralized networks, to name a few.”

 

Dr. Fabian Heilemann, Partner at Earlybird

“At Earlybird we believe that the first wave of innovation within Logistics, being rather of a transformative nature, e.g. digital freight marketplaces and forwarder models, has reached its peak. We are now particular excited w.r.t the second wave of LogTech innovation, which we expect to have a truly disruptive impact on the industry. It is our conviction that the availability of structured data, but also the increasing maturity of for example distributed ledger technologies, entail the opportunity for digital service providers to expand their technology driven lead over incumbent players. Whereas competitive forces in Logistics today are mainly adhere to scale effects, we think that next generation of logistics companies will leverage technology to drive profitability.”

 

Simon Schmincke, Partner at Creandum

“We continue to see the consumerization of enterprise grade solutions—enabling self-onboarding in a toned-down SME-oriented solution. The FinTech scene here in Berlin is something we continue to be excited about, both for businesses and consumers. Also, anything real estate related immediately grabs our attention—co-living, financing, intelligent design, construction automation. The most important change, however, is that we see entrepreneurs aiming higher and building bigger companies, due, in large part, to the impressive role models the ecosystem has produced in recent years.”

 

Jan Miczaika, Partner at HV Holtzbrinck Ventures

“Over the past 20 years we’ve seen a significant shift in the focus of Berlin-based startups. Originally there was a strong focus on e-commerce and marketplaces. Today this is significantly broader. Berlin is a fintech hotspot, a global proving ground for mobility concepts, the HQ for digital B2C champions and has strong growth in B2B/SaaS. Berlin is also highly relevant for Blockchain, which fits extraordinarily well with the anarchical spirit of the city. As a broad, multi-stage investor we at HV are excited to cover all of the above, trying to find inspirational entrepreneurs with a strong vision for the future. I personally am most interested in companies with a strong data angle, across both B2C and B2B.”

 

Pawel Chudzinski, Partner at Point Nine Capital

“Marketplaces have transformed how consumers access products and services across many categories vs. in B2B this process feels like 10-15 years behind. We see more and more startups pursue marketplace opportunities across various b2b categories and we want to discover them as early as possible. We are industry agnostic, but the industries in which we have been spending most time recently were probably supply chain and logistics, and financial services (incl. crypto). We also expect a rise in sustainability focused startups and we started diving into this space as well – mainly from the SaaS and marketplace angle.”

 

Ciaran O’Leary, Partner at Blueyard Capital

“BlueYard is a thesis driven early stage firm that backs founders with transformative ideas that decentralize markets and empower humanity. Today BlueYard is focused on the reinvention of the internet for permission-less innovation through decentralized web protocols and services that can untangle the server-side monopolies (e.g. p2p protocols and networks), the ability to use nature / biology itself paired with breakthrough engineering and computation to solve humanity’s largest planetary challenges (e.g. synthetic biology, quantum computing), the re-thinking of the knowledge worker stack by liberating users and data from the current tools designed in the 1980s (e.g. alternatives to PowerPoint, Excel, etc) and the separation of state and money through algorithmically transparent and programmable money.”

 

Jan Borgstädt, Partner at JOIN Capital

“We are deeply entrenched in identifying technologies that lay the foundation of our industrial future – or what we call the Neue Industry. I look for companies whose founders have deep technical knowledge to build transformative tools that augment human capabilities in essential processes. Think about the construction industry, and how advanced modeling tools and software can revolutionize the backbone of the way our civilization is built. Or the automation of processes such as circuit mapping and production planning. These are among the trends that excite us right now.”

 

Christoph Schuh, Partner at Lakestar

Berlin is the tech ecosystem where we have done the most investments out of our existing portfolio of more than 50 companies. For example Travel & Mobility is the space where we are very much interested and active. We’ve invested into Berlin-based travel tech companies like GetYourGuide, HomeToGo and Omio and we’re still looking for new stars. At Lakestar, we also like B2B plays where industries are in transformation and tech can enable a new level of efficiency for the ecosystem. So we also invested into the Berlin based logistic player Sennder, the  #1 digital freight forwarder in Europe. Actually, we also look into industry disruption in 3.0/4.0/RPA space and others.”

 

Anton Waitz, Partner at Project A

At Project A, we think and work in industry deep dives. That means we pick 5-6 industries at the time on which we spend most of our energy and where we do the majority of our investments. It’s interesting to see how recently our deep dives have let us think about some of the most fundamental questions in life: How will we work in 10 years time (Deep Dive: Business Software/Process Automation)? How will we reside (Deep dive: Real Estate)? How will we move us (Mobility) and things (Logistics)? How will we produce (Industry 4.0)? And how will we stay healthy (Digital Health)? I guess it shows how deep digitization has reached the very basics of our life – and how exciting our job actually is!”

 

Filip Dames, Partner at Cherry Ventures

“We believe the next years will show successful companies in industries which have traditionally been very hard to tackle for startups. For example, we’re just at the very beginning of seeing the effects of technology innovation in healthcare or manufacturing, two spaces we actively investing in with Cherry. Data, leveraged through AI or intelligent user interfaces can have a huge impact on solving problems in these industries. In Berlin, we’re excited to see that the city is becoming more and more a home for deep tech companies, attracting technical talent from around the world.”

 

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Apple Card users can now finance iPhone purchases for 24 months, interest-free

It’s not quite an “Apple Prime” subscription, but it’s compelling. Apple on Wednesday introduced a new program that will allow Apple Card users to finance their iPhone purchases for 24 months, without paying interest. The program aims to appeal to consumers who frequently upgrade their iPhone to the latest model, but often turn to their carrier to finance those purchases.

With the Goldman Sachs Apple Card, those iPhone users will have another option — and one without the associated interest and fees of a traditional credit card purchase, Apple says. In addition, the Apple Card offers 3% back on purchases from Apple, which further sweetens the deal.

The program helps to lay the groundwork for what some believe may eventually become a larger subscription product for Apple, or a so-called “Apple Prime” — a name that references the Amazon Prime membership program that includes a variety of perks alongside its fast, free shipping.

An Apple hardware subscription could see users instead paying for the privilege of using the latest Apple hardware, while also bundling in other services, like AppleCare, similar to its current iPhone Upgrade Program today. But a true “Apple Prime” would include other Apple subscriptions under the same roof, like iCloud, Apple Music, Apple TV+, Apple News+ and/or Apple Arcade, in some sort of bundle deal. 

Already, Apple has begun to experiment with subscription bundles. This week, for example, it announced a bundle for students that includes Apple Music and Apple TV+ for the same price as a student Apple Music subscription alone ($5/mo). And in a sense, Apple is already bundling its new Apple TV+ streaming service with its hardware, as it’s giving the service away for free with a new device purchase in its first year.

Apple has been steadily moving towards a more robust iPhone subscription program for some time.

In recent years, it has promoted iPhone trade-ins as something of a no-brainer for bringing down the cost of a new iPhone purchase. At the company’s iPhone 11 event in September, for example, Apple put up a slide that emphasized the new iPhone 11’s low price, when viewed under this model. Instead of a starting price of $699, the iPhone 11 could be as little as $399 — or $17 per month, Apple said — when you traded in your iPhone 8. The iPhone 11 Pro was $25 per month with an X trade-in, and the Pro Max, would be $29 per month with an X trade-in, Apple also said.

These sorts of promotions seem to be working, as more Apple customers are turning to trade-ins than in the past.

“We…continue to see great results from our trade-in program with more than five times the iPhone trade-in volume we had a year ago,” noted Apple CFO Luca Maestri on Apple’s earnings call.

The larger idea is to encourage Apple’s customer base to viewing the iPhone not as a big, expensive one-time purchase, but as just another monthly bill you have to pay. Tack on a few extras, like a warranty and some media and entertainment options, and Apple has the meat for a real iPhone-led subscription — it’s very own “Apple Prime,” so to speak. And thanks to the Goldman Sachs Apple Card, it has a way to incentive users to buy from Apple directly.

 

 

 



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Ember’s Mug 2 and Travel Mug 2 extend your coffee temperature sweet spot

One of the world’s most static technologies may be the humble mug, but startup Ember decided it was time for a change when they introduced their temperature-controlled smart mug to the market in 2016. Now, the company has launched its Ember Mug 2 – a follow-up that keeps the concept and design intact, but that improves the lineup in some key ways.

There are two separate new second-generation Ember mugs – the Ember Travel Mug, and the Ember Mug designed for home and office use. Both add extended battery life, thanks to swapping its old battery technology with “the most advanced battery technology on the market,” and both gain new redesigned charging coasters, while the Travel Mug 2 gets a new control interface for adjusting the temperature of the beverage within, and it’s a bit lighter while holding the same volume.

Ember Mug 2 (from $99.95)

Ember Mug and Travel Mug 2 3This sequel to Ember’s home mug comes in black, white and copper versions, as well as in two sizes: 10z and 14oz. Like its predecessor, it features an internal heating element and battery, Bluetooth connectivity for smartphone control from the Ember app, and a durable ceramic coating.

The Ember Mug 2 has a customizable LED that shows you when it’s working, and that you can change to whatever color you wish, which is handy if you have a couple of these in use in one household. It comes in black and white (as well as the pricier copper edition) in order to set your desired temperature, you pair it with an app on your phone (a quick and painless process).

Ember will send you notifications when the liquid within reaches the desired temperature. I’ve long used one of their first generation products, and the one thing I found was that on my three-a-day coffee schedule, sometimes my third cup would end up cold, because the battery, while decent, would run out before my appetite for caffeine did.

Enter the sequel, which offers up to 50 percent better battery life than the original version. It’s hard to quantify, since the speed with which I drink my coffee differs day to day, but I will say that in testing I haven’t seen the low battery warning before I was long done actually drinking coffee for the day. In short, if you make sure to pop the mug back on its charging coaster every evening, you should have plenty of juice for a full day of use the next day without any sense of mug range anxiety.

Ember Travel Mug 2 ($179.95)

Ember Mug and Travel Mug 2 5The Travel Mug 2 gets a slight redesign as well as battery improvements. Whereas Ember used a physical dial to control temperature adjustments without requiring you to use your phone on the last generation, now there’s a touch sensitive area on the cup just above where the body expands out towards the top. You can slide your fingers around this to increase or decrease the temperature of whatever you have within.

This tweak is likely what allowed Ember to slim down the design while keeping the internal volume (12 oz) the same, so that it’s a bit more lightweight and travel friendly than before (while also offering as much as three hours of battery life). Ember also took the auto sleep and wake features that it introduced with the original Ember ceramic Mug and brought them to the Travel Mug 2, meaning that it’ll turn itself on and off automatically depending on whether it detects liquid inside. or motion from being picked up, to extend battery life even further.

Ember Mug and Travel Mug 2 7The design of the Ember Travel Mug 2 is top-notch, with a smooth matte surface and hand-friendly design, along with clear, easy to red LED displays that just disappear when not in use. The bottom display shows current temperature, as well as an indicator of remaining battery life, and you can add a custom name to show for avoiding confusion if there are multiple Travel Mugs in use.

Bottom Line

Ember’s follow-up hardware to its initial lineup isn’t a dramatic change – but the collection didn’t need a major overhaul because it gets so many things right. The added battery life in the new generation is great, and the appeal remains the same: If you’re a coffee or tea fanatic and don’t love returning to a lukewarm or cold cup, then this is the stuff for you.

Could you opt for a vacuum-walled mug or travel tumbler? Absolutely, and the Zojirushi line-up of insulated travel mugs will keep liquids hot for days. But Ember’s home mug is without peer for actually keeping things hot in an open-top design, and the Travel Mug’s ability to actually adjust and increase temperature on the fly is also a unique value proposition that can’t be matched by any passive insulation.



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Xiaomi Mi Note 10 Geekbench listing confirms it's a rebadged Mi CC9 Pro

Xiaomi is all set to unveil the Mi CC9 Pro on November 5 in China, and nine days later, it will announce the Mi Note 10. The Mi CC9 Pro and Mi Note 10 will sport a penta-camera setup with a 108MP primary camera. The Mi Note 10 was expected to be a re-branded Mi CC9 Pro for the global market, and the smartphone's Geekbench 5 listing now confirms that. The Mi Note 10 and Mi CC9 Pro have appeared on Geekbench with the same specs, but the Note 10 has 6GB RAM onboard while its Chinese counterpart has 8GB RAM. However, the CC9 Pro's TENAA listing reveals it will arrive in two more RAM options...



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Trulia founder Pete Flint backs real estate startup Modus

The founders of Seattle-based Modus cold emailed Pete Flint, the founder of Trulia and a current managing partner at the venture capital firm NFX, for months to no avail. In a last ditch effort, Alex Day, Jai Sim and Abbas Guvenilir sent one more message to the investor who’s real estate listings tool sold to Zillow in 2014 for $3.5 billion. They were at a coffee shop below his San Francisco office, was he interested in meeting?

Fortunately for them, he was.

Modus

Modus co-founders

Modus, a real estate startup focused on title and escrow services, is today announcing a $12.5 million Series A financing co-led by NFX’s Flint and Niki Pezeshki of Felicis Ventures. Liquid 2 ventures and existing backers including Mucker Capital, Hustle Fund, 500 Startups, Rambleside and Cascadia Ventures also participated in the round.

“The first revolution in online real estate was transforming the research experience, the next revolution in the industry is transforming the transaction,” Flint said in a statement.

Modus launched in 2018 with a focus on Washington State real estate opportunities. The startup, led by former employees of a nearly-defunct lunch delivery company Peach, has developed software to help both agents and home buyers navigate the home closing process, which, unlike many other real estate experiences, has yet to receive a boost of innovation from startups building in the sector. That’s why Modus started with an emphasis on escrow services, though the team’s long term vision, they explain, is to power all real estate transactions.

“When you think about communication, you think of Gmail; when you think of traveling, you think of Uber. We want to be synonymous with home closing,” Sim, the company’s executive chairman, tells TechCrunch.

Sim, the former head of marketing at Peach, says Modus has ambitions of becoming a sort of operating system for real estate, or “like what Stripe is for payment processing, we want to become for real estate transactions.”

Since closing its Series A financing in May–the team waited until now to make its financing information public–Modus has increased its headcount to 50 employees across product, engineering and operations. Their goal now is to provide their software to home-buyers in 15 to 20 states over the next two years. To support expansion efforts, Modus plans to raise a Series B in the second or third quarter of next year.

Modus has previously raised $1.8 million in seed funding.



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Crunchbase raises $30M more to double down on its ambition to be a ‘LinkedIn for company data’

The internet and search engines like Google have made the world our oyster when it comes to sourcing information, but when it comes to business, there remains a persistent need for more targeted market intelligence, a way to get reliable data quickly to get on with your work. Today, one of the startups hoping to build a big business around that premise is announcing a round of funding to get there.

Crunchbase — a directory and database of company-related information that originally got its start as a part of TechCrunch before being spun off into a separate business several years ago — has raised $30 million, a Series C that it plans to use to continue expanding its base of paid subscribers and expanding its product to include more predictive, personalised information for its users by way more machine learning and other AI-based technology.

CEO Jager McConnell, who has long viewed Crunchbase as the “LinkedIn for company profiles,” said that of the 55 million people who visit the site each year currently, the company currently has “tens of thousands” of subscribers — subscriptions are priced at $29/user/month varying by size of company contract — which works out to less than 1% of its active users. That’s “growing quickly,” he added, speaking to site’s potential.

Indeed, he noted that since its last round in 2017, when it raised $18 million, Crunchbase has tripled its employees to 120 and has ten times more annual revenue run rate. It’s also more doubled its traffic since being spun out.

This latest round was led by Omers Ventures, the prolific investment arm of the giant Canadian pension fund of the same name (which is, incidentally, also now opening an office in Silicon Valley to get even more active with startups there).

Existing backers Emergence, Mayfield, Cowboy Ventures, and Verizon (which still owns TC) also participated. McConnell said Crunchbase is not disclosing its valuation with this round, but he did note that it was “well within the target range” that the startup had set, that it was an oversubscribed upround, and that it was on the more practical than exuberant side.

“I believe we are seeing too many high valuations with low annual revenue rates, and it’s catching up with people, and we were very focused on not hitting that valuation trap in order to be successful in the future,” he said. “This is a good round but not something insane.” Strong logic I suspect could be supported by Crunchbase data. For some context, Crunchbase had a post-money valuation of $70 million in its previous round in 2017 (having raised $26 million), according to PitchBook — ironically, one of Crunchbase’s big competitors (CB Insights, Owler being others.)

With its start as a side project of TechCrunch, the DNA of Crunchbase has always been in tech companies, and that is still very much the heart of the data that is in the system today. The kind of data you can see there includes basics on when a company was founded, who the founders are, who the current executive leadership is, how much money it has raised and from whom, what has been written about it in the media.

Then, via a number of third-party integrations with companies like Siftery and SimilarWeb, you can also get deeper data around competitors and more (most of which you can only see if you are a paying, not free, user). The company notes that it currently makes 3.9 billion annual updates to its data set — which people upload themselves in the old wiki style, or are manually or automatically uploaded, by way of some 4,000 data partnerships and syndication deals (these include with the likes of Yahoo! Finance, LinkedIn, Business Insider, and Amazon Alexa, which in turn make some 1.6 billion annual calls to the Crunchbase API).

What’s interesting to me is to see which direction Crunchbase will evolve in in the longer term. As the world has continued to grow into the bigger vision of “every company is a tech company, and every problem has a tech solution” it seems that Crunchbase’s own ambitions have also grown. In the company’s blog post and press release announcing the fundraise, it’s notable to me that technology, or any variation of it, isn’t mentioned even once in the text (only exception being the boilerplate description of Omers). That could point to how — as Crunchbase expands its horizons in terms of the kinds of information on businesses it can provide to users — it might see role for itself not unlike that of LinkedIn, spanning across multiple verticals and the communities of people (or in CB’s case, businesses) that have built around them.

“We are thrilled to partner with Jager and the talented leadership team at Crunchbase,” commented Michael Yang, Managing Partner at OMERS Ventures, in a statement. “Crunchbase continues to show significant traction as the leader in research, information, and prospecting for private companies – an incredibly large and valuable market to address and service. By utilizing and collecting aggregated data, adding tools and apps, and continuing to customize each user experience, the lead generation and deal value Crunchbase can provide is unprecedented, and we are proud to support this next phase of growth.”

 

 



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Realme X gets Dark Mode and October 2019 security patch with new update

The Realme X is receiving a new software update which brings in the much-requested system-wide Dark Mode to the smartphone. Additionally, the new firmware bumps up the Android security patch level on Realme X to October 2019 and adds an option in the settings menu that lets you swipe down on the home screen to expand the notification bar. The update also improves the touch experience when gaming and adds a toggle in the notification center that lets you switch between SIMs. You can check out the full changelog below for more details. Security Android security...



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Driving license tests just got smarter in India with Microsoft’s AI project

An American giant may have figured out a way to simplify the tedious procedure of issuing driver’s licenses. And an early sneak peek of this solution is now live in parts of India.

Hundreds of people who have taken the driver’s license test in Dehradun, the capital of Indian state Uttarakhand near the Himalayan foothills, in recent weeks haven’t had to sit next to an instructor.

Instead, their cars were affixed with a smartphone that was running HAMS, an AI project developed by Microsoft Research team. HAMS uses a smartphone’s front and rear cameras and other sensors to monitor the driver (their gaze), and the road ahead of them. Microsoft Research team said for driver tests, they customized HAMS to enable precise tracking of a vehicle’s trajectory during test manoeuvres such as parallel parking or negotiating a roundabout.

This AI technology can determine whether the driver performed any action — such as stopping in the middle of a test or course correcting by rolling forward or backward more times than they were allowed — during the test, the team said. Additionally, it also checks things like whether a driver scanned their mirrors before changing the lane.

Shri Shailesh Bagauli, IAS, Secretary of Government of Uttarakhand, said the deployment of HAMS-based driver license testing at the Dehradun RTO is a “significant step towards the Transport Department’s goal of providing efficient, world-leading services to the citizens of Uttarakhand. We are proud to be among the pioneers of the application of AI to enhance road safety.”

HAMS, short for Harnessing AutoMobiles for Safety, was originally developed to monitor drivers and their driving to improve road safety. “Driver training and testing are foundational to this goal, and so the project naturally veered in the direction of helping evaluate drivers during their driving test,” the team said.

Automation is slowly making its way to driver testing across the world, but they still require deployment of extensive infrastructure such as pole-mounted video cameras along the test track. Microsoft’s team said HAMS can bring down the cost of automation while improving test coverage by including a view within the vehicle.

Some surveys (PDF) have shown that a significant number of applicants don’t even show up to give a test to obtain their license because of the “burden” they would have to go through. “Automation using HAMS technology can not only help relieve evaluators of the burden but also make the process objective and transparent for candidates,” says Venkat Padmanabhan, Deputy Managing Director, Microsoft Research India, who started the HAMS project in 2016.

The test venue of this project should not come as a surprise. American technology companies are increasingly expanding their presence in India, one of the last great growth markets with several unique local challenges.

Microsoft, Google, and Amazon have used India a a test bed to build solutions for the local market, some of which eventually make it to other countries. Microsoft has previously developed tools to help farmers in India increase their crop yields and worked with hospitals to predict LASIK surgery success. Last year, the company also worked with cricket legend Anil Kumble to develop a tracking device that helps youngsters analyze their batting performance.

Google has also developed a range of services and tools for India. The company last year launched a tool to help publishers easily bring stories written in local languages to the web. This year, the Android-maker unveiled improvements it has made to its flood prediction tool. And of course, several popular apps such as YouTube Go, and Google Station started as India-only services.



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Canalys: Samsung and Huawei extend lead on Apple as global smartphone market returns to growth

Canalys posted today its analysis on the smartphone market in Q3, just a day after the report for China. For the first time in two years, the market saw an increase in total sales, and Huawei's performance at home might be a big part of that. The Shenzhen-based company posted a 29% annual growth, but looking at the bigger picture, it actually managed to sell fewer phones outside China than the Q3 period last year. Between July and September 2019, smartphone makers sold 352.4 million units, which is just a percent more than the 348.9 million sales last year, but it is a positive...



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EMUI 10 beta goes international, adds support for 8 devices

Huawei's EMUI 10 open beta program has been active in China for some time now and the company is finally extending its availability to international users. Starting today, owners of the Mate 20 series, P30 lite, Nova 5T and P Smart 2019 will be able to test out the latest EMUI features. Complete list of supported devices: Mate 20 Mate 20 Lite Mate 20 Pro Mate 20 X P30 Lite Nova 5T P Smart 2019 P Smart + 2019 If your device is on the list and you want to test out the latest EMUI, you'll first have to download Huawei's Beta app. After that, you're several short steps...



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Namogoo raises $40M to stop unauthorized ad injections and ‘customer journey hijacking’

Namogoo, the Herzliya, Israel-based company that has developed a solution for e-commerce and other online enterprises to prevent “customer journey hijacking,” has raised $40 million in Series C funding.

The round is led by Oak HC/FT, with participation from existing backers GreatPoint Ventures, Blumberg Capital, and Hanaco Ventures. It brings total raised by Namogoo to $69 million, and sees Matt Streisfeld, Partner at Oak HC/FT, join the company’s board.

Founded by Chemi Katz and Ohad Greenshpan in 2014, Namogoo’s platform gives online businesses more control over the customer journey by preventing unauthorized ad injections that attempt to divert customers to competitors. It also helps uncover privacy and compliance risks that can come from the use of 3rd and 4th party ad vendors.

More broadly, Namogoo says that customer journey hijacking is a growing but little-known problem that by some estimates affects 15-25 percent of all user web sessions and therefore costs e-commerce businesses hundreds of millions in lost revenue.

Unauthorized ads are injected into consumer web browsers – on the consumer side, typically via malware the user has unintentionally installed – meaning that e-commerce sites are often unaware that it is even happening. This results in product ads, banners, and pop-ups which appear when visiting an e-commerce site. The ads disrupt the user experience, hoping to send them to competitor sites.

Namogoo says that retailers using its technology see conversion rates increase between 2-5%, which in the first half of 2019 totalled over $575 million in revenue for Namogoo customers. It is used by more than 150 global brands in over 38 countries, including Tumi, Asics, Argos, Dollar Shave Club, Tailored Brands, Upwork, and others.

Meanwhile, Namogoo will use the new funding to further expand its client-side platform offerings, beginning with the launch of its “customer privacy protection solution”. “The solution detects and mitigates against customer privacy risks associated with 3rd- and 4th-party vendors running on company websites and applications,” explains the company.



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Xiaomi Mi CC9 Pro will pack a 5,260 mAh battery with 30W fast charging support

Chinese phone maker Xiaomi will unveil its penta-camera smartphone, Mi CC9 Pro, on November 5. The company has already confirmed a few of the phone's features, and today it revealed its battery details. Xiaomi posted an image on Chinese social network Weibo confirming the phone will pack a 5,260 mAh battery. It will support 30W fast charging which will take the cell from flat to 58% in 30 minutes, and take another 35 minutes for a full charge. In another post, Xiaomi shared an image showing off the Mi CC9 Pro's curved edge screen with a waterdrop notch. Xiaomi says the phone will...



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Femtech startup Inne takes the wraps off a hormone tracker and $8.8M in funding

Berlin-based femtech startup Inne is coming out of stealth to announce an €8 million (~$8.8M) Series A and give the first glimpse of a hormone-tracking subscription product for fertility-tracking and natural contraception that’s slated for launch in Q1 next year.

The Series A is led by led by Blossom Capital, with early Inne backer Monkfish Equity also participating, along with a number of angel investors — including Taavet Hinrikus, co-founder of TransferWise; Tom Stafford, managing partner at DST; and Trivago co-founder Rolf Schromgens.

Women’s health apps have been having a tech-fuelled moment in recent years, with the rise of a femtech category. There are now all sorts of apps for tracking periods and the menstrual cycle, such as Clue and Flo.

Some also try to predict which days a women is fertile and which they’re not — offering digital tools to help women track bodily signals if they’re following a natural family planning method of contraception, or indeed trying to conceive a baby.

Others — such as Natural Cycles — have gone further down that path, branding their approach “digital contraception” and claiming greater sophistication vs traditional natural family planning by applying learning algorithms to cycle data augmented with additional information (typically a daily body temperature measurement). Although there has also been some controversy around aggressive and even misleading marketing tactics targeting young women.

A multi-month investigation by the medical device regulator in Natural Cycles’ home market, instigated after a number of women fell pregnant while using its method, found rates of failure were in line with its small-print promises but concluded with the company agreeing to clarify the risk of the product failing.

At issue is that the notion of “digital contraception” may present as simple and effortless — arriving in handy app form, often boosted by a flotilla of seductive social media lifestyle ads. Yet the reality for the user is the opposite of effortless. Because in fact they are personally taking on all of the risk.

For these products to work the user needs a high level of dedication to stick at it, be consistent and pay close attention to key details in order to achieve the promised rate of protection.

Natural contraception is also what Inne is touting, dangling another enticing promise of hormone-free contraception — its website calls the product “a tool of radical self-knowledge” and claims it “protect[s]… from invasive contraceptive methods”. It’s twist is it’s not using temperature to track fertility; its focus is on hormone-tracking as a fertility measure.

Inne says it’s developed a saliva-based test to measure hormone levels, along with an in vitro diagnostic device (pictured above) that allows data to be extracted from the disposable tests at home and wirelessly logged in the companion app.

Founder Eirini Rapti describes the product as a “mini lab” — saying it’s small and portable enough to fit in a pocket. Her team has been doing the R&D on it since 2017, preferring, she says, to focus on getting the biochemistry right rather than shouting about launching the startup. (It took in seed funding prior to this round but isn’t disclosing how much.)

At this stage Inne has applied for and gained European certification as a medical device. Though it’s not yet been formally announced.

The first product, a natural contraception for adult women — billed as best suited for women aged 28-40, i.e. at a steady relationship time-of-life — will be launching in select European markets (starting in Scandinavia) next year, though initially as a closed beta style launch as they work on iterating the product based on user feedback.

“It basically has three parts,” Rapti says of the proposition. “It has a small reader… It has what we call a little mouth opening in the front. It always gives you a smile. That’s the hardware part of it, so it recognizes the intensity of your hormones. And then there’s a disposable saliva test. You basically collect your saliva by putting it in your mouth for 30 seconds. And then you insert it in the reader and then you go about your day.

“The reader is connected to your phone, either via BlueTooth or wifi, depending on where you are taking the test daily… It takes the reading and it sends it over to your phone. In your phone you can do a couple of things. First of all you look at your hormonal data and you look at how those change throughout the menstrual cycle. So you can see how they grow, how they fall. What that means about your ovulation or your overall female health — like we measure progesterone; that tells you a lot about your lining etc. And then you can also track your fluids… We teach you how to track them, how to understand what they mean.”

As well as a contraception use-case, the fertility tracking element naturally means it could also be used by women wanting to get pregnant. Eirini Rapti

“This product is not a tracker. We’re not looking to gather your data and then tell you next month what you should be feeling — at all,” she adds. “It’s more designed to track your hormones and tell you look this is the most basic change that happens in your body and because of those changes you will feel certain things. So do you feel them or not — and if you don’t, what does it mean? Or if you do what does it mean?

“It builds your own hormonal baseline — so you start measuring your hormones and we go okay so this is your baseline and now let’s look at things that go out of your baseline. And what do they mean?”

Of course the key question is how accurate is a saliva-based test for hormones as a method for predicting fertility? On this Rapti says Inne isn’t ready to share data about the product’s efficacy — but claims it will be publishing details of the various studies it conducted as part of the CE marking process in the next few weeks.

“A couple more weeks and all the hardcore numbers will be out there,” she says.

In terms of how it works in general the hormone measurement is “a combination of a biochemical reaction and the read out of it”, as she puts it — with the test itself being pure chemistry but algorithms then being applied to interpret the hormonal reading, looping in other signals such as the user’s cycle length, age and the time of day of the test.

She claims the biochemical hormone test the product relies on as its baseline for predicting fertility is based on similar principles to standard pregnancy tests — such as those that involve peeing on a stick to get a binary ‘pregnant’ or ‘not pregnant’ result. “We are focused on specifically fertility hormones,” she says.

“Our device is a medical device. It’s CE-certified in Europe and to do that you have to do all kinds of verification and performance evaluation studies. They will be published pretty soon. I cannot tell you too much in detail but to develop something like that we had to do verification studies, performance evaluation studies, so all of that is done.”

While it developed and “validated” the approach in-house, Rapti notes that it also worked with a number of external diagnostic companies to “optimize” the test.

“The science behind it is pretty straightforward,” she adds. “Your hormones behave in a specific way — they go from a low to a high to a low again, and what you’re looking for is building that trend… What we are building is an individual curve per user. The starting and the ending point in terms of values can be different but it is the same across the cycle for one user.”

“When you enter a field like biochemistry as an outsider a lot of the academics will tell you about the incredible things you could do in the future. And there are plenty,” she adds. “But I think what has made a difference to us is we always had this manufacturability in mind. So if you ask me there’s plenty of ways you can detect hormones that are spectacular but need about ten years of development let alone being able to manufacture it at scale. So it was important to me to find a technology that would allow us to do it effectively, repeatedly but also manufacture it at a low cost — so not reinventing the whole wheel.”

Rapti says Inne is controlling for variability in the testing process by controlling when users take the measurement (although that’s clearly not directly within its control, even if it can send an in-app reminder); controlling how much saliva is extracted per test; and controlling how much of the sample is tested — saying “that’s all done mechanically; you don’t do that”.

“The beauty about hormones is they do not get influenced by lack of sleep, they do not get influenced by getting out of your bed — and this is the reason why I wanted to opt to actually measure them,” she adds, saying she came up with the idea for the product as a user of natural contraception searching for a better experience. (Rapti is not herself trained in medical or life sciences.)

“When I started the company I was using the temperature method [of natural contraception] and I thought it cannot be that I have to take this measurement from my bed otherwise my measurement’s invalid,” she adds.

However there are other types of usage restrictions Inne users will need to observe in order to avoid negatively affecting the hormonal measurements.

Firstly they must take the test in the same time window each time — either in the morning or the evening but sticking to one of those choices for good.

They also need to stick to daily testing for at least a full menstrual cycle. Plus there are certain days in the month when testing will always be essential, per Rapti, even as she suggests a “learning element” might allow for the odd missed test day later on, i.e. once enough data has been inputted.

Users also have to avoid drinking and eating for 30 minutes before taking the test. She further specifies this half hour pre-test restriction includes not having oral sex — “because that also affects the measurements”.

“There’s a few indications around it,” she concedes, adding: “The product is super easy to use but it is not for women who want to not think ever about contraception or their bodies. I believe that for these women the IUD would be the perfect solution because they never have to think about it. This product is for women who consciously do not want to take hormones and don’t want invasive devices — either because they’ve been in pain or they’re interested in being natural and not taking hormones.”

At this stage Inne hasn’t performed any comparative studies vs established contraception methods such as the pill. So unless or until it does users won’t be able to assess the relative risk of falling pregnant while using it against more tried and tested contraception methods.

Rapti says the plan is to run more clinical studies in the coming year, helped by the new funding. But these will be more focused on what additional insights can be extracted from the test to feed the product proposition — rather than on further efficacy (or any comparative) tests.

They’ve also started the process of applying for FDA certification to be able to enter the US market in future.

Beyond natural contraception and fertility tracking, Inne is thinking about wider applications for its approach to hormone tracking — such as providing women with information about the menopause, based on longer term tracking of their hormone levels. Or to help manage conditions such as endometriosis, which is one of the areas where it wants to do further research.

The intent is to be the opposite of binary, she suggests, by providing adult women with a versatile tool to help them get closer to and understand changes in their bodies for a range of individual needs and purposes.

“I want to shift the way people perceive our female bodies to be binary,” she adds. “Our bodies are not binary, they change around the month. So maybe this month you want to avoid getting pregnant and maybe next month you actually want to get pregnant. It’s the same body that you need to understand to help you do that.”

Commenting on the Series A in a supporting statement, Louise Samet, partner at Blossom Capital, said: “Inne has a winning combination of scientific validity plus usability that can enable women to better understand their bodies at all stages in their lives. What really impressed us is the team’s meticulous focus on design and easy-of-use together with the scientific validity and clear ambition to impact women all over the world.”



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Freetrade, the UK challenger stockbroker, completes $15M Series A

Freetrade, the U.K. challenger stockbroker that offers commission-free investing, has closed $15 million in Series A funding. The round includes a $7.5 million investment from Draper Esprit, the U.K. publicly-listed venture capital firm, along with previously announced equity crowdfunding via Crowdcube.

The funding will be used by Freetrade for further growth and product development, including “doubling down” on engineering hires. The fintech, which claims over 50,000 customers, is also planning to expand to Europe next year.

In addition, Adam Dodds, CEO and founder of Freetrade, tells me there will be a marketing and content push to help reach more of the challenger stockbroker’s target millennial customers and help educate the market as a whole that investing in the stock market doesn’t have to be prohibitively expensive or complicated.

Amongst a number of new stock trading and investment apps in the U.K., London-based Freetrade was first out of the gate as a bona-fide “challenger broker” after deciding early on to build its own brokerage. This included obtaining a full broker license from the FCA, rather than simply partnering with an established broker.

The Freetrade app lets you invest in stocks and ETFs. Trades are “fee-free” if you are happy for your buy or sell trades to execute at the close of business each day. If you want to execute immediately, the startup charges a low £1 per trade. The idea is to put the heat on the larger incumbents that can charge up to £12 per trade, which is off-putting to people wanting to only invest a small amount or regularly refresh a modestly-sized portfolio.

Meanwhile, Dodds says that next on the product roadmap will be a new investment platform that will give users the option to purchase U.K. and European “fractional” shares, not just U.S. ones, which he claims will be a first.

With that said, competition has been steadily increasing since Freetrade set up shop. Silicon Valley’s Robinhood is gearing up for a U.K. launch, having recently got regulatory approval. Bux has also recently launched commission-free trading and now bills itself as a challenger broker just like Freetrade. Then, of course, there’s Revolut, the fast-growing challenger bank that tentatively launched fee-free stock investing in August.

Noteworthy, André Mohamed, previously CTO and a co-founder of Freetrade, joined Revolut as its new Head of Wealth & Trading Product, adding a bit of extra spice to that rivalry. As I wrote at the time, the circumstances that saw Mohamed depart Freetrade remain unclear. According to my sources, his contract was terminated last year and the two parties settled, with Freetrade accepting no liability.

“Freetrade are on a mission to open up investment opportunities for everyone, as are we,” says Simon Cook, CEO of Draper Esprit, in a statement. “In this sense, their mission is totally aligned with our own, as a rare tech-focused VC listed on the stock exchange. The company have shown exceptional growth in the short time since they first launched the platform last year. We could not be more delighted to support Adam, Viktor, Ian and their wider team as they enable Europe’s 100 million millennials to benefit from the world’s economic growth”.



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Wednesday, October 30, 2019

Xiaomi Mi Note 10 to arrive on the global scene on November 14

Xiaomi is expected to launch the Mi CC9 Pro next week, and the phone with 108 MP five-cam setup is going on the international market under a different name - Mi Note 10. While we thought they might be launched at the same time, today the Facebook page of Xiaomi Poland revealed it will have a premiere for new products on November 14, using the five-cam logo. The smartphone is expected to have all cameras on the back lined up vertically, coupled with two dual-LED flashes. Later Xiaomi posted two images on its social media channels, including the Polish version, where it is...



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Bosun Tijani talks strategy as CEO of Africa’s new largest tech hub

With CcHub‘s acquisition of iHub in September, Nigerian Bosun Tijani is at the helm of (arguably) the largest tech network in Africa.

He is now CEO of both organizations, including their robust membership rosters, startup incubation programs, global partnerships, and VC activities from Nigeria to Kenya.

One could conclude Tijani has become one of the most powerful figures in African tech with the CcHub iHub merger. But that would be a little shortsighted.

The techie from Lagos still faces plenty of challenges and unknowns in integrating two innovation hubs that lie 3,818 flight kilometers apart. Several sources speaking on background over the last year have indicated iHub was experiencing financial difficulties.

Tijani offered TechCrunch some initial details last month on how the acquisition will fall together.

But more recently he shared greater detail on his strategy for operating the multi-country innovation network. A big test for Tijani will be aligning the organizations on a path to sustainability. The buzzword is usually code for generating consistent operating income beyond expenses.

The growth of innovation spaces, accelerators and incubators in Africa — which tally 618 per GSMA stats — is often lauded as an achievement for the continent’s tech ecosystem.

But debate on how these focal points for startup formation, training and IT activity fund themselves is ever-present.

Grant income has served as a dominant revenue source for Africa’s tech hubs — including iHub in its early days — though many have worked to diversify.

TechHubsinAfricain2019 Briter Bridges

That includes CcHub, according to Tijani, who plans to continue the trend across the expanded CcHub, iHub organization.

“When people talk about sustainability, we’ve been in business for 9 years,” he notes of CcHub Nigeria.

“We de-emphasized grant funding six years ago; most of our revenue is actually earned revenue.”

On income sources Tijani looks to foster across both organizations, he named consulting services (for corporates, governments, and development agencies), events services, and generating greater return on investment.

iHub has been active with startup seed-investments and CcHub has a portfolio of companies through its Growth Capital Fund.

“Our size will become a major part of us being able to invest in startups and the longer we stay invested the more we will start to see significant returns and exits,” said Tijani.

CcHub CEO Bosun Tijani

The CcHub iHub nexus will also use its size to leverage more partnerships. Tijani and team have already mastered gaining collaborations with big African and global tech names, such as MainOne and Facebook.

Tijani will look to connect iHub to CcHub’s Google sponsored Pitch Drive — which has done African startup tours of Asia and Europe — and potentially take the show to the U.S.

“We’re talking about it,” Tijani said, of a U.S. pitch trip. And this could lead to a permanent presence in San Francisco for the new CcHub, iHub entity.

“Beyond just a tour, we want to build strong presence in the Bay Area,” Tijani said, but didn’t offer more specifics on what that could mean.

So on the list of things to emerge from the CcHub-iHub acquisition, African tech planting a big flag in San Francisco is a future possibility.

A more immediate result of the union between the innovation spaces will be Bosun Tijani becoming a regular sight on flights between Lagos and Nairobi.

 

 

 

 

 

 

 

 



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Our Motorola One Zoom video review is up

This has been the year when a lot of phone makers' lineups have gotten more confusing than ever, and Motorola is no exception. The One branding used to imply that phones with that name were part of the Android One program, but now... not so much. We're also getting more and more Motorola One branded handsets, and the latest of the bunch is the One Zoom. It has "Zoom" in the name, but its telephoto lens provides only 3x magnification, so it's bested on that front by competitors from Huawei and Oppo. Still, what's it like to use? We prepared a short and sweet video review for you that aims...



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Apple's 5G iPhones to have 5nm chipset, Qualcomm's X55 modem

Although a lot of Android device makers have already launched 5G capable smartphones, Apple is still holding out. This year's iPhones top out at 4G, but that situation has long been rumored to change in 2020. Now a new report out of Japan claims that next year's iPhones will employ Qualcomm's X55 5G modem, according to four people familiar with the plan. However, there may be supply constraints on the X55 as everyone will want to use it in 2020. Apple's A14 SoC that will debut in next year's 5G iPhones is said to use the world's most advanced 5nm fabrication process, and TSMC will be...



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AKG Y500 Wireless review

The Y500 Wireless is a new pair of Bluetooth headphones from the Samsung owned AKG Acoustics. It's a fairly affordable pair for casual, outdoor use with a compact, foldable design and some unique features for the price. The design of these headphones is quite appealing. It's quite compact, thanks to a relatively thin frame and small ear cups, and they also fold inwards to be stowed away easily. They come in four different colors, black, green, blue and pink. Build quality is average. They feel lightweight and plasticky with slightly loose joints. The headband length is adjustable...



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Realme X2 Pro European pre-orders scheduled to start on November 4

After the Realme X2 went on sale in several European markets yesterday, the company announced its flagship X2 Pro is going on pre-order starting November 4. On launch, Realme will be able to ship the phone to Belgium, France, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain and the UK. The X2 Pro is every bit of a flagship phone with a 90Hz SuperAMOLED display, Snapdragon 855+ chipset and 64MP main camera. You also get the blazing 50W SuperVOOC charging to top up the 4,000 mAh battery. The baseline 6/64GB version comes with a €399 price-tag. There's also an 8/128GB...



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Uber Freight expands app to Canada

Uber Freight, the Uber business unit that helps truck drivers connect with shipping companies, said Wednesday it’s launching the app in Canada as part of its global expansion plan.

The move into Canada will give Uber Freight access to the country’s $68 billion trucking industry, which is facing severe driver shortage that has constrained freight capacity, the company said. It also follows Uber Freight’s announcement in September that it was expanding into Europe.

Since launching in May 2017, Uber Freight has grown from limited regional operations in Texas to the rest of the continental U.S., Europe and now Canada.

“Since the beginning, we have been dedicated to scaling our operations to enable opportunity for both Uber Freight and the shippers and carriers that keep our world moving,” said Lior Ron, who leads Uber Freight.

The company said that its platform can help increase efficiency in the sector and reduce trucks running empty miles across North America. Local carriers and their drivers based in the U.S. and Canada are able to book and move domestic and cross border loads with the Uber Freight app, now available in both English and French, the company said.

The company is focused on routes in the provinces of Ontario and Quebec as well as across the Canadian border into the Midwestern and Northeastern United States. Uber Freight said it plans to expand to the rest of Canada.

Uber Freight serves more than 1,000 shippers, including companies such as AB Inbev, Niagara Bottling and Land O’Lakes.

Earlier this year, Uber Freight established its headquarters in Chicago as part of its parent company’s broader plan to invest more than $200 million annually in the region, including hiring hundreds of workers. Uber said at the time, it would hire 2,000 new employees in the region over the next three years; most of which will be dedicated to Uber Freight.

Uber Freight, which with also has offices in San Francisco  and Amsterdam, has become an important piece to Uber’s larger business strategy to generate revenue from all forms of transportation, including logistics for packages. Uber has dedicated more resources to the trucking platform since August 2018 when Uber Freight spun out as a separate business unit. Since then, the company has expanded its operations and redesigned the app, including the addition of new navigation features, an updated map view and a search bar across the top of the screen.



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Here's when Realme will update its phones to Android 10 in China

Back in September, Realme announced its Android 10 update roadmap for its smartphones in India. Now, the company has revealed its Android 10 rollout plans for its devices in China. Realme X2 Pro Realme currently sells five smartphones in its home country, which include the Realme X, Realme X Lite (aka 3 Pro in India), Realme Q (aka 5 Pro in India), Realme X2 (aka XT 730G in India), and Realme X2 Pro. Realme will release Android 10 for the Realme X, X Lite and Q in Q1 2020, while the X2 and X2 Pro will get it in Q2 2020. The company hasn't shared an exact date for the rollout...



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