Elon Musk agrees to resign as Tesla chairman in settlement with SEC – TechCrunch

Tesla CEO Elon Musk will step down as chairman of the electrical automaker and pay a $20 million positive below a settlement reached with the united statesSecurities and Alternate fee. Musk will stay CEO and he’ll nonetheless preserve a seat on the board, simply not as chairman. The settlement settles what may have became a bitter and doubtlessly damaging battle for Musk, the corporate, and Tesla shareholders. Musk will resign…

Ne-Yo needs to make Silicon Valley extra various, one funding at a time – TechCrunch

Wearing a Naruto t-shirt and a hat emblazoned with the phrase “lone wolf,” Ne-Yo slouches over in a chair inside a Holberton School classroom. The Grammy-winning recording artist is struggling to recollect the identify of “that actor,” the one who’s had a profitable profession in each the leisure trade and tech investing. “I discovered about all of the issues he was doing and I believed it was nice for him,” Ne-Yo advised…

Resolve, MIT’s tackle social innovation challenges, could also be completely different sufficient to work – TechCrunch

Since McKinsey launched a report on how best to use prizes to incentivize innovation practically a decade in the past, a whole business has grown round social innovation challenges. The formulation for these “save the world” competitions has turn out to be normal. Drum up a whole lot of buzz round an award. Accomplice with huge names to get funding and high-profile judges. Attempt to get as many submissions as…

The 2019 BMW i3 now has 153 miles of vary due to an even bigger battery – TechCrunch

The BMW i3 is getting an upgraded battery — plus a bunch of different enhancements —that may give the 2019 mannequin about 153 miles of vary. That’s roughly a 30% enchancment from the earlier mannequin. The enhance in vary is noteworthy, but it nonetheless lags behind the Chevy Bolt and the Tesla Mannequin S, Mannequin X and Mannequin three autos. And it’s solely a smidge higher than the less expensive Nissan…

Fb is weaponizing safety to erode privateness – TechCrunch

At a Senate listening to this week through which US lawmakers quizzed tech giants on how they need to go about drawing up complete Federal shopper privateness safety laws, Apple’s VP of software program expertise described privateness as a “core worth” for the corporate. “We would like your machine to know every part about you however we don’t assume we should always,” Bud Tribble informed them in his opening remarks. Facebook was…

5 takeaways on the state of AI from Disrupt SF – TechCrunch

The promise of synthetic intelligence is immense, however the roadmap to reaching these targets nonetheless stays unclear. Onstage at TechCrunch Disrupt SF, a few of AI’s main minds shared their ideas on present competitors available in the market, how to make sure algorithms don’t perpetuate racism and the way forward for human-machine interplay. Listed below are 5 takeaways on the state of AI from Disrupt SF 2018: 1. U.S. firms…

Betterment retains rising as fintech opponents rise – TechCrunch

Betterment, which Barron’s just lately declared the most important impartial on-line monetary adviser, is betting that the way forward for on-line investing features a mix of robotic and human advisers. And the plan is working, in keeping with chief government Jon Stein. Nonetheless, incumbents like Vanguard have leveraged current strengths to maneuver in to the market, and different startups like Robinhood have carved out swathes of the fast-growing market.In response,…

Fb blocked customers from posting some tales about its safety breach – TechCrunch

Some customers are reporting that they’re unable to put up at this time’s large story a couple of security breach affecting 50 million Facebook users. The difficulty seems to solely have an effect on explicit tales from sure retailers, at the moment one story from The Guardian and one from the Associated Press, each respected press retailers. When going to share the story to their information feed, some customers, together with…

What Instagram customers have to learn about Fb’s safety breach – TechCrunch

Even in the event you by no means log into Facebook itself nowadays, the opposite apps and companies you utilize is likely to be impacted by Fb’s newest massive, unhealthy information. In a follow-up name on Friday’s revelation that Facebook has suffered a safety breach affecting at least 50 million accounts, the corporate clarified that Instagram customers weren’t out of the woods — nor have been every other third-party companies…

US authorities loses bid to pressure Fb to wiretap Messenger calls – TechCrunch

US authorities investigators have misplaced a case to pressure Facebook to wiretap calls remodeled its Messenger app. A joint federal and state regulation enforcement effort investigating the MS-13 gang had pushed a district court to carry the social networking large in contempt of court docket for refusing to allow real-time listening in on voice calls. According to sources speaking to Reuters, the choose later dominated in Fb’s favor — though,…

Spotify ends take a look at that required household plan subscribers to share their GPS location – TechCrunch

Spotify has ended a take a look at that required its household plan subscribers to confirm their location, or threat shedding accessing to its music streaming service. In response to latest stories, the corporate had despatched out emails to its “Premium for Household” clients which requested them to verify their areas utilizing GPS. The thought right here is that some clients might have been sharing Household Plans, despite the fact…

Lyft unveils second annual range report – TechCrunch

Lyft has launched its second annual range report outlining the gender and racial breakdown of its 4,000-person workforce. At a look, little has modified from last year’s report, which was the primary time the $15 billion ride-hailing company disclosed its range stats. Forty % of Lyft’s workforce is feminine, a slight lower from final 12 months’s 42 %, and about 33 % of its management is feminine, a three % lower year-over-year….

Final day to use for TC Prime Picks at Disrupt Berlin 2018 – TechCrunch

That is the day that one of many nice early-stage startup alternatives involves a grinding halt, associates. In the present day, September 28, is the final day you possibly can apply to be a TC Top Pick at Disrupt Berlin 2018. It’s your final shot to exhibit in Startup Alley without spending a dime. Your closing probability for unimaginable entry to the type of influential buyers, tech founders and advisors…

Tech In Asia lays off employees after canceling deliberate ICO – TechCrunch

Earlier this month, media startup Tech In Asia stunned its readers when it announced plans to implement an $18 monthly paywall. Dearer than packages for the Bloomberg, the Wall Avenue Journal and The Info, the subscription went dwell this week. It’s designed to make the enterprise self-sustaining after a difficult interval of enterprise wherein the corporate contemplated an ICO and was compelled to make cutbacks to its group. The Singapore-based…

California cops bust crime ring that nabbed $1M value of gadgets from Apple Shops – TechCrunch

Concern not, residents — the legislation enforcement equipment of California has apprehended or is scorching on the path of greater than a dozen hardened criminals who boldly stole from the state’s favourite native enterprise: Apple . Their unconscionable larceny amounted to greater than 1,000,000 {dollars} value of gadgets stolen from Apple Shops — the equal of a whole bunch of iPhones. The alleged thieves would put on hoodies into Apple…

IRS can do extra to guard towards tax fraudsters, watchdog says – TechCrunch

A authorities watchdog has mentioned that the Internal Revenue Service may do extra to stop tax fraud if it invested extra money in making certain that the identities of taxpayers are correctly verified. From the IRS’s personal information, fraudsters scammed the company out of not less than $1.6 billion in tax refunds throughout the 2016 tax season that belonged to taxpayers. That’s a drop within the ocean to the $383…

Spotify launches Co.Lab to show musicians concerning the trade – TechCrunch

The music trade has all the time been cut-throat, and on-going web fragmentation solely complicates issues. Musicians must be their very own promoters, tour managers, bookers and 1,000,000 different issues, simply to get off the bottom. If nothing else, Spotify’s new Co.Lab occasion collection is a probably helpful try to assist new and rising artists make sense of all of it. The programming launches in the midst of subsequent month,…

TiVo’s 4-tuner $250 BOLT OTA set-top field goes after wire cutters – TechCrunch

TiVo at this time is introducing a brand new set-top field, the TiVo BOLT OTA, which is able to be a part of its current lineup of TiVo BOLT-branded gadgets, together with the voice-controlled BOLT VOX DVRs, launched last year. This new gadget, as its identify suggests, is designed for wire cutters who use a digital antenna to look at reside TV over-the-air. It should exchange the TiVO Roamio OTA DVR,…

Doctolib to open up telemedicine appointments – TechCrunch

French startup Doctolib will make the most of current authorized modifications that can make telemedicine authorized in France. Beginning on January 1st, you’ll be capable to e book face-to-face appointments on Doctolib in addition to distant appointments. Doctolib is a market with 60,000 practitioners utilizing the platform to handle their calendars and let folks e book appointments via Doctolib’s web site. Hundreds of thousands of individuals then browse Doctolib’s web…

YC grad The Foyer raises $1.2M to assist job seekers break into Wall Avenue – TechCrunch

Six months after completing Y Combinator’s 12-week accelerator program, The Lobby is asserting a $1.2 million funding. The startup connects job seekers to Wall Avenue bankers, enterprise capitalists and different finance “insiders” for recommendation and customized profession teaching. Founder and former funding banker Deepak Chhugani needs to assist individuals who don’t come from elite backgrounds or have the community of an Ivy League graduate land high-profile finance roles. “There’s an enormous chunk…