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Saturday, September 21, 2019

Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service

As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for messaging apps based on artificial intelligence — to help customer service teams, TechCrunch has confirmed. The news was first reported in Israel, where Servicefriend is based, after one of its investors, Roberto Singler, alerted local publication The Marker about the deal. We reached out to Ido Arad, one of the co-founders...

Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service

As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for messaging apps based on artificial intelligence — to help customer service teams, TechCrunch has confirmed. The news was first reported in Israel, where Servicefriend is based, after one of its investors, Roberto Singler, alerted local publication The Marker about the deal. We reached out to Ido Arad, one of the co-founders...

Meet Facebook’s latest fake

Facebook CEO Mark Zuckerberg, a 35-year-old billionaire who keeps refusing to sit in front of international parliamentarians to answer questions about his ad business’ impact on democracy and human rights around the world, has a new piece of accountability theatre to sell you: An “Oversight Board“. Not of Facebook’s business itself. Though you’d be forgiven for thinking that’s what Facebook’s blog post is trumpeting, with the grand claim that it’s “Establishing Structure and Governance for an Independent Oversight Board”. Referred to during the...

Startups Weekly: Upfront Ventures bets on a bus service

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Before that, I wrote about Stripe’s grand plans. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. If you don’t subscribe to Startups Weekly yet, you can do that here. Startup Spotlight: Landline Some startups...

Friday, September 20, 2019

Facebook has suspended ‘tens of thousands’ of apps suspected of hoarding data

Facebook has suspended “tens of thousands” of apps connected to its platform which it suspects may be collecting large amounts of user profile data. That’s a sharp rise from the 400 apps flagged a year ago by the company’s investigation in the wake of Cambridge Analytica, a scandal that saw tens of millions of Facebook profiles scraped to help swing undecided voters in favor of the Trump campaign during the U.S. presidential election in 2016. Facebook did not provide a more specific number in its blog post but said the apps were built by 400 developers. Many...

Vianai emerges with $50M seed and a mission to simplify machine learning tech

You don’t see a startup get a $50 million seed round all that often, but such was the case with Vianai, an early-stage startup launched by Vishal Sikka, former Infosys managing director and SAP executive. The company launched recently with a big check and a vision to transform machine learning. Just this week, the startup had a coming out party at Oracle Open World, where Sikka delivered one of the keynotes and demoed the product for attendees. Over the last couple of years, since he left Infosys, Sikka has been thinking about the impact of AI...

Alchemist Accelerator is launching a European program

Enterprise-focused startup accelerator Alchemist is expanding its footprint this morning with the launch of an initiative focused on European startups. While Alchemist was happy to accept European companies into their U.S. program before — they tell me they’ve had about 25 European startups go through Alchemist already — it hasn’t been a focus. With the aptly named Alchemist Europe, Alchemist will be opening an office in Munich and bringing in its first Europe-focused cohort. Alchemist expects this first class of companies to debut with its first...

Amazon Prime adds free mobile game content to its perks, starting with PUBG Mobile

{rss:content:encoded} Amazon Prime adds free mobile game content to its perks, starting with PUBG Mobile https://ift.tt/2M4dEQD https://ift.tt/32TEfGT September 20, 2019 at 09:01PM Amazon today is introducing a new perk for Prime members: free mobile game content. The company, which already offers Twitch Prime benefits through its subsidiary, will now give its Prime members various in-game items for PUBG Mobile, the popular battle royale title from Tencent. The items launching today include an exclusive Infiltrator Mask, Infiltrator Jacket, Infiltrator...

How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own niche of fans scattered around the world. (This is the third installment of our EC-1 series on Kobalt Music Group and changes in the music industry. Read Part I and Part II.) As Spotify gained rapid adoption in his native Sweden in 2006, class="crunchbase-link" href="https://ift.tt/2V6RCRn" target="_blank" data-type="organization" data-entity="kobalt-music-group">Kobalt’s...

At TechCrunch Disrupt, insights into key trends in venture capital

At TechCrunch Disrupt, the original tech startup conference, venture capitalists remain amongst the premier guests. VCs are responsible for helping startups — the focus of the three-day event — get off the ground and as such, they are often the most familiar with trends in the startup ecosystem, ready to deliver insights, anecdotes and advice to our audience of entrepreneurs, investors, operators, managers and more. In the first half of 2019, VCs spent $66 billion purchasing equity in promising upstarts, according to the latest data from PitchBook....

Tonic launches a personalized news reader that respects user privacy

{rss:content:encoded} Tonic launches a personalized news reader that respects user privacy https://ift.tt/2LFJdBC https://ift.tt/30kfNSx September 20, 2019 at 06:10PM Personalization technology can lead to better experiences as it allows apps to customize their content for each individual user. But it can also chip away at user privacy. A company called Canopy wants to change that. It has developed a personalization engine that works without requiring users to log in or even provide an email. Instead, it uses a combination of on-device machine...

Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe

Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Smart. The company will use the backing to expand in its main markets of Spain, France and the UK. The startup applies algorithms to a database of personal stylists and customer profiles to thus provide a personalized online shopping experience to its customers. It then delivers a selection...

Clutter acquires The Storage Fox for $152M to add self-storage to its on-demand platform

The world of on-demand storage has seen some ups and downs, with some of the biggest hopefuls pivoting into new areas, some as unrelated as cryptocurrency, in the search for better product-market fit. One that found its groove early on, however, is today announcing an acquisition to expand its existing business into a new market category. Clutter, the on-demand removals and storage company backed by SoftBank, is today announcing that it has acquired The Storage Fox, a startup that will spearhead Clutter’s expansion in to self-storage services...

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