Thursday, May 9, 2024

Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

Hydrow, the at-home rowing machine, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also announced that CEO and founder Bruce Smith will step down, and President and CFO John Stellato will take over day-to-day operations, per CNBC. Smith is now […]

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Can AI help founders fundraise more quickly and easily?

With venture totals slipping year-over-year in key markets like the United States, and concern that venture firms themselves are struggling to raise more capital, founders might be worried. After all, if private-market investment doesn’t perk up in the coming quarters, we could be on track for yet another year of declines in total startup investment […]


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Wednesday, May 8, 2024

Always-on video portal lets people in NYC and Dublin interact in real time

A new sculpture going live on Wednesday in the Flatiron South Public Plaza in New York is not your typical artwork. It combines technology, sociology, anthropology and art to let people interact with one another in real time in two places. In this case, it’s between New York City and Dublin. The Portal itself is […]

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TechCrunch Minute: When did iPads get as expensive as MacBooks?

Apple’s iPad event had a lot to like. New iPads with new chips and new sizes, a new Apple Pencil, and even some software updates. If you are a big fan of Apple hardware, well, it was probably a good day. Now you can get an updated and thinner iPad Pro, if that’s your jam. But […]

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Bye-bye bots: Altera’s game-playing AI agents get backing from Eric Schmidt

Autonomous, AI-based players are coming to a gaming experience near you, and a new startup, Altera, is joining the fray to build this new guard of AI agents. The company announced Wednesday that it raised $9 million in an oversubscribed seed round, co-led by First Spark Ventures (Eric Schmidt’s deep-tech fund) and Patron (the seed […]

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Uber promises member exclusives as Uber One passes $1B run-rate

Uber plans to deliver more perks to Uber One members, like member-exclusive events, in a bid to gain more revenue through subscriptions.  “You will see more member-exclusives coming up where members have exclusive access to events and experiences, which will kind of surprise and delight our members,” said Uber chief financial officer Prashanth Mahendra-Rajah Wednesday […]

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Tuesday, May 7, 2024

NBA champion Kyle Kuzma looks to bring his team mentality to Scrum Ventures

Kyle Kuzma is a lot of things. He’s a forward for the Washington Wizards NBA team and a 2020 NBA champion. He’s also a style icon — depending on who you ask — and an angel investor. Now he’s an adviser at a venture fund too. “I’m part of a new generation of the NBA,” […]

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Tesla is Luminar’s largest lidar customer

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the […]

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Apple stacks two OLED screens – “Tandem OLED” – in its new iPad Pro

Yeah, you can put an OLED screen in an iPad, but then you lose the brightness that iPad Pro users are used to. What is a poor computer maker to do? You stack two of them, of course. “We’ve always envisioned iPad as a magical sheet of glass,” said John Ternus, SVP, Hardware Engineering during […]

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Apple unveils the new 11-inch and 13-inch iPad Air with M2 chip

Apple is refreshing its iPad lineup today. And this launch is a bit overdue as the previous iPad Air was announced more than two years ago. The most important addition to the new iPad Air is that it now comes in two sizes. Customers can choose between an 11-inch display and a 13-inch display. “For […]

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