This Week in Apps: Honey’s $4B exit, a new plan for iOS 14, Apple’s new developer resource

{rss:content:encoded} This Week in Apps: Honey’s $4B exit, a new plan for iOS 14, Apple’s new developer resource https://ift.tt/2reXpcR https://ift.tt/37vBq23 November 23, 2019 at 03:35PM

Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support, and the money that flows through it all. What are developers talking about? What do app publishers and marketers need to know? How are politics impacting the App Store and app businesses? And which apps are everyone using?

This week, we’re looking at several major stories, including the whopping $4 billion PayPal just spent on browser extension and mobile app maker, Honey, as well as the release of the Apple Developer app, a new plan for iOS 14, Google Stadia’s launch, AR gaming’s next big hit (or flop?), e-commerce app trends, Microsoft’s exit from voice assistant mobile apps, and so much more.

Plus, did you hear the one about the developer who got kicked out from his developer account by Apple, leaving his apps abandoned?

Headlines

Apple to overhaul iOS development strategy after buggy iOS 13 launch

Apple’s iOS 13 release was one of its worst, in terms of bugs and glitches. Now Apple is making an internal change to how it approaches software development in an effort to address the problem. According to Bloomberg, Apple’s Software chief Craig Federighi and other execs announced its plans at an internal meeting. The new process will involve having unfinished and buggy features disabled by default in daily builds. Testers will then have to optionally enable the features in order to try them. While this change focuses on making internal builds of the OS more usable (or “livable”), Apple hopes that over time it will improve the overall quality of its software as it will give testers the ability to really understand what’s supposed to now be working, but isn’t. The testing changes will also apply to iPadOS, watchOS, tvOS, and macOS, the report said.

Apple launches the Apple Developer App

Apple rebranded and expanded its existing WWDC app to become a new Apple Developer app that can stay with its 23 million registered developers year-round. Instead of only including information about the developer event itself, the app will expand to include other relevant resources — like technical and design articles, developer news and updates, videos and more. It also will offer a way for developers to enroll in the Apple Developer program and maintain their membership. Apple says it found many developers were more inclined to open an app than an email, and by centralizing this information in one place, it could more efficiently and seamlessly deliver new information and other resources to its community.

PayPal buys Honey for $4 billion

PayPal has made its biggest-ever acquisition for browser extension and mobile app maker, Honey. TechCrunch exclusively broke the news of the nearly all-cash deal, noting that Honey currently has 17 million monthly actives. But PayPal was interested in more than the user base — it wanted the tech. The company plans to insert itself ahead of the checkout screen by getting involved with the online shopping and research process, where customers visit sites and look for deals. Honey’s offer-finding features from its mobile app will also become part of PayPal and Venmo’s apps in the future.

Cloud gaming expands with Google Stadia launch

Cloud-based gaming could benefit from the growing investment in 5G. Google Stadia, which launched this week, is a big bet on 5G in that regard. Though the early reviews were middling, Google believes the next generation of gaming will involve continuous, cross-device play, including on mobile devices. This trend was already apparent with the successes of cross-platform games like Fortnite, Minecraft, Roblox, and PUBG, for example. Meanwhile, console makers like Microsoft are working to build out their own cloud infrastructure to compete. (Microsoft’s xCloud launches in May 2020.) Google could have a head start, even if Stadia today feels more like a beta than a finished product. But one question that still arises is whether Google is serious about gaming, or only sees Stadia as a content engine for YouTube?

Microsoft kills Cortana mobile apps

Microsoft this week belatedly realized it can’t compete with the built-in advantages that Siri and Google Assistant offer users, like dedicated buttons, hands-free voice commands, workflow building and more. The company decided to shut down its Cortana mobile applications on iOS and Android in a number of markets, including Great Britain, Australia, Germany, Mexico, China, Spain, Canada, and India. Any bets on when the U.S. makes that list?

SF Symbols expands

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Code and compete in the TC Hackathon at Disrupt Berlin

We’re in the home stretch to the TC Hackathon going down at Disrupt Berlin 2019 on 11-12 December. If you have what it takes to compete against some of the best hackers, developers, engineers and code poets, apply to the TechCrunch Hackathon now. We have fewer than 50 seats left, and they’ll be gone before you can say deep hack mode.

The Hackathon is free — no fee to apply or to compete. It’s a thrilling, fun and exhausting ride. Designing, creating and pitching a working product in roughly 24 hours will test your physical, mental and technical limits. It’s an adrenaline rush like no other.

What do you get for messing with your circadian rhythm? For starters, we’ll keep you fed, watered and caffeinated. And every participant receives a free Innovator pass to enjoy Disrupt Berlin. Then there’s the prize money associated with each sponsored contest and, on top of that, TechCrunch editors will award an additional $5,000 prize to the team they choose for creating the best overall hack.

When you and your team arrive on site, you’ll pick one of several sponsored contest hacks to tackle and complete. Arriving solo? No worries. We’ll help you find a team when you get here.

After the 24-hour hackathon clock runs out, sponsor representatives and TechCrunch editors will review all completed projects. They’ll select 10 teams to move on to the finals the following day. Each team gets two minutes to power pitch and present their products live on the Extra Crunch Stage.

After 10 sleep-deprived presentations, the judges announce the winners of the sponsor challenges and TechCrunch reveals the winner of best overall hack and awards them $5,000.

Curious about the types of challenges you’ll find on tap? We’ll announce this year’s sponsors and their specific contests before the month is out, but here’s an example of the type of challenges you can expect.

Last year at Disrupt SF, BYTON sponsored a contest challenging the Hackathon participants to create a product that addressed this question: What will people want to do in a car that has a 49-inch screen and drives autonomously? The $5,000 first prize went to CAR-O-KE, a karaoke app for autonomous vehicles. Check out the other sponsored contests, prizes and winners from DSF ’18.

TC Hackathon takes place during Disrupt Berlin 2019 on 11-12 December. Love to code? Love to compete? Love to win money and recognition? Then apply to the Hackathon today before the last remaining seats disappear.

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.

https://ift.tt/eA8V8J Code and compete in the TC Hackathon at Disrupt Berlin https://ift.tt/2QKmZ41

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More than 1 million T-Mobile customers exposed by breach

{rss:content:encoded} More than 1 million T-Mobile customers exposed by breach https://ift.tt/2QHjdbO https://ift.tt/37ESzXc November 23, 2019 at 01:25AM

T-Mobile has confirmed a data breach affecting more than a million of its customers, whose personal data (but no financial or password data) was exposed to a malicious actor. The company alerted the affected customers but did not provide many details in its official account of the hack.

The company said in its disclosure to affected users that its security team had shut down “malicious, unauthorized access” to prepaid data customers. The data exposed appears to have been:

• Name
• Billing address
• Phone number
• Account number
• Rate, plan and calling features (such as paying for international calls)

The latter data is considered “customer proprietary network information” and under telecoms regulations they are required to notify customers if it is leaked. The implication seems to be that they might not have done so otherwise. Of course some hacks, even hacks of historic magnitude, go undisclosed sometimes for years.

In this case, however, it seems that T-Mobile has disclosed the hack in a fairly prompt manner, though it provided very few details. When I asked, a T-Mobile representative indicated that “less than 1.5 percent” of customers were affected, which of the company’s approximately 75 million users adds up to somewhat over a million.

The company reports that “we take the security of your information very seriously,” a canard we’ve asked companies to stop saying in these situations.

Stop saying, ‘We take your privacy and security seriously’

The T-Mobile representative stated that the attack was discovered in early November and shut down “immediately.” They did not answer other questions I asked, such as whether it was on a public-facing or internal website or database, how long the data was exposed and what specifically the company had done to rectify the problem.

The data listed above is not necessarily highly damaging on its own, but it’s the kind of data with which someone might attempt to steal your identity or take over your account. Account hijacking is a fairly common tactic among cyber-ne’er-do-wells these days and it helps to have details like the target’s plan, home address and so on at one’s fingertips.

If you’re a T-Mobile customer, it may be a good idea to change your password there and check up on your account details.

Cybersecurity 101: Seven simple security guides for protecting your privacy

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Facebook prototypes Favorites for close friends microsharing

Facebook is building its own version of Instagram Close Friends, the company confirms to TechCrunch. There’s a lot people that don’t share on Facebook because it can feel risky or awkward since its definition of “friends” has swelled to include family, work colleagues, and distant acquaintances. No one wants their boss or grandma seeing their weekend partying or edgy memes. There are whole types of sharing, like Snapchat’s Snap Map-style live location tracking, that feel creepy to expose to such a wide audience.

The social network needs to get a handle on microsharing. Yet Facebook has tried and failed over the years to get people to build Friend Lists for posting to different subsets of their network.

Back in 2011 Facebook said that 95 percent of users hadn’t made a single list. So it tried tried auto-grouping people into Smart Lists like High School Friends and Co-Workers, and offered manual always-see-in-feed Close Friends and only-see-important-updates Acquaintances lists. But they too saw little traction and few product updates in the past 8 years. Facebook ended up shutting down Friend Lists Feeds last year for viewing what certain sets of friends shared.

Then a year ago, Instagram made a breakthrough. Instead of making a complicated array of Friend Lists you could never remember who was on, it made a single Close Friends list with a dedicated button for sharing to them from Stories. Instagram’s research had found 85% of a user’s Direct messages go to the same 3 people, so why not make that easier for Stories without pulling everyone into a group thread? Last month I wrote that “I’m surprised Facebook doesn’t already have its own Close Friends feature, and it’d be smart to build one.”

How Facebook Favorites Works

Now Facebook is in fact prototyping its version of Instagram Close Friends called Favorites. It lets users designate certain friends as Favorites, and then instantly post their Story from Facebook or Messenger to just those people instead of all their friends as is the default.

The feature was first spotted inside Messenger by reverse engineering master and frequent TechCrunch tipster Jane Manchun Wong. Buried in the Android app is the code that let Wong generate the screenshots above of this unreleased feature. They show how when users go to share a Story from Messenger, Facebook offers to let users to post it to Favorites, and edit who’s on that list or add to it from algorithmic suggestions. Users in that Favorites list would then be the only recipients of that post within Stories, like with Instagram Close Friends.

 

A Facebook spokesperson confirmed to me that this feature is a prototype that the Messenger team created. It’s an early exploration of the microsharing opportunity, and the feature isn’t officially testing internally with employees or publicly in the wild. The spokesperson describes the Favorites feature as a type of shortcut for sharing to a specific set of people. They tell me that Facebook is always exploring new ways to share, and as discussed at its F8 conference this year, Facebook is focused on improving the experience of sharing with and staying more connected to your closest friends.

Unlocking Creepier Sharing

There are a ton of benefits Facebook could get from a Favorites feature if it ever launches. First, users might share more often if they can make content visible to just their best pals since those people wouldn’t get annoyed by over-posting. Second, Facebook could get new, more intimate types of content shared, from the heartfelt and vulnerable to the silly and spontaneous to the racy and shocking — stuff people don’t want every single person they’ve ever accepted a friend request from to see. Favorites could reduce self-censorship.

“No one has ever mastered a close friends graph and made it easy for people to understand . . . People get friend requests and they feel pressure to accept” Instagram director of product Robby Stein told me when it launched Close Friends last year. “The curve is actually that your sharing goes up and as you add more people initially, as more people can respond to you. But then there’s a point where it reduces sharing over time.” Google+, Path, and other apps have died chasing this purposefully selective microsharing behavior.

Facebook Favorites could stimulate lots of sharing of content unique to its network, thereby driving usage and ad views. After all, Facebook said it in April that it had 500 million daily Stories users across Facebook and Messenger, the same number as Instagram Stories and WhatsApp Status.

Before Instagram launched Close Friends, it actually tested the feature under the name Favorites and allowed you to share feed posts as well as Stories to just that subset of people. And last month Instagram launched the Close Friends-only messaging app Threads that lets you share your Auto-Status about where or what you’re up to.

Facebook Favorites could similarly unlock whole new ways to connect. Facebook can’t follow some apps like Snapchat down more privacy-centric product paths because it knows users are already uneasy about it after 15 years of privacy scandals. Apps built for sharing to different graphs than Facebook have been some of the few social products that have succeeded outside its empire, from Twitter’s interest graph, to TikTok’s fandoms of public entertainment, to Snapchat’s messaging threads with besties.

A competent and popular Facebook Favorites could let it try products in location, memes, performances, Q&A, messaging, livestreaming, and more. It could build its own take on Instagram Threads, let people share exact location just with Favorites instead of just what neighborhood they’re in with Nearby Friends, or create a dedicated meme resharing hub like the LOL experiment for teens it shut down. At the very least, it could integrate with Instagram Close Friends so you could syndicate posts from Instagram to your Facebook Favorites.

The whole concept of Favorites aligns with Facebook CEO Mark Zuckerberg’s privacy-focused vision for social networking. “Many people prefer the intimacy of communicating one-on-one or with just a few friends” he writes. Facebook can’t just be the general purpose catch-all social network we occasionally check for acquaintances’ broadcasted life updates. To survive another 15 years, it must be where people come back each day to get real with their dearest friends. Less can be more.

Instagram launches Threads, a Close Friends chat app with auto-status

from Social – TechCrunch https://ift.tt/2DaHI9q Facebook prototypes Favorites for close friends microsharing Josh Constine https://ift.tt/2OFyYNG
via IFTTT

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Facebook prototypes Favorites for close friends microsharing

{rss:content:encoded} Facebook prototypes Favorites for close friends microsharing https://ift.tt/2OFyYNG https://ift.tt/2DaHI9q November 22, 2019 at 10:30PM

Facebook is building its own version of Instagram Close Friends, the company confirms to TechCrunch. There’s a lot people that don’t share on Facebook because it can feel risky or awkward since its definition of “friends” has swelled to include family, work colleagues, and distant acquaintances. No one wants their boss or grandma seeing their weekend partying or edgy memes. There are whole types of sharing, like Snapchat’s Snap Map-style live location tracking, that feel creepy to expose to such a wide audience.

The social network needs to get a handle on microsharing. Yet Facebook has tried and failed over the years to get people to build Friend Lists for posting to different subsets of their network.

Back in 2011 Facebook said that 95 percent of users hadn’t made a single list. So it tried tried auto-grouping people into Smart Lists like High School Friends and Co-Workers, and offered manual always-see-in-feed Close Friends and only-see-important-updates Acquaintances lists. But they too saw little traction and few product updates in the past 8 years. Facebook ended up shutting down Friend Lists Feeds last year for viewing what certain sets of friends shared.

Then a year ago, Instagram made a breakthrough. Instead of making a complicated array of Friend Lists you could never remember who was on, it made a single Close Friends list with a dedicated button for sharing to them from Stories. Instagram’s research had found 85% of a user’s Direct messages go to the same 3 people, so why not make that easier for Stories without pulling everyone into a group thread? Last month I wrote that “I’m surprised Facebook doesn’t already have its own Close Friends feature, and it’d be smart to build one.”

How Facebook Favorites Works

Now Facebook is in fact prototyping its version of Instagram Close Friends called Favorites. It lets users designate certain friends as Favorites, and then instantly post their Story from Facebook or Messenger to just those people instead of all their friends as is the default.

The feature was first spotted inside Messenger by reverse engineering master and frequent TechCrunch tipster Jane Manchun Wong. Buried in the Android app is the code that let Wong generate the screenshots above of this unreleased feature. They show how when users go to share a Story from Messenger, Facebook offers to let users to post it to Favorites, and edit who’s on that list or add to it from algorithmic suggestions. Users in that Favorites list would then be the only recipients of that post within Stories, like with Instagram Close Friends.

 

A Facebook spokesperson confirmed to me that this feature is a prototype that the Messenger team created. It’s an early exploration of the microsharing opportunity, and the feature isn’t officially testing internally with employees or publicly in the wild. The spokesperson describes the Favorites feature as a type of shortcut for sharing to a specific set of people. They tell me that Facebook is always exploring new ways to share, and as discussed at its F8 conference this year, Facebook is focused on improving the experience of sharing with and staying more connected to your closest friends.

Unlocking Creepier Sharing

There are a ton of benefits Facebook could get from a Favorites feature if it ever launches. First, users might share more often if they can make content visible to just their best pals since those people wouldn’t get annoyed by over-posting. Second, Facebook could get new, more intimate types of content shared, from the heartfelt and vulnerable to the silly and spontaneous to the racy and shocking — stuff people don’t want every single person they’ve ever accepted a friend request from to see. Favorites could reduce self-censorship.

“No one has ever mastered a close friends graph and made it easy for people to understand . . . People get friend requests and they feel pressure to accept” Instagram director of product Robby Stein told me when it launched Close Friends last year. “The curve is actually that your sharing goes up and as you add more people initially, as more people can respond to you. But then there’s a point where it reduces sharing over time.” Google+, Path, and other apps have died chasing this purposefully selective microsharing behavior.

Facebook Favorites could stimulate lots of sharing of content unique to its network, thereby driving usage and ad views. After all, Facebook said it in April that it had 500 million daily Stories users across Facebook and Messenger, the same number as Instagram Stories and WhatsApp Status.

Before Instagram launched Close Friends, it actually tested the feature under the name Favorites and allowed you to share feed posts as well as Stories to just that subset of people. And last month Instagram launched the Close Friends-only messaging app Threads that lets you share your Auto-Status about where or what you’re up to.

Facebook Favorites could similarly unlock whole new ways to connect. Facebook can’t follow some apps like Snapchat down more privacy-centric product paths because it knows users are already uneasy about it after 15 years of privacy scandals. Apps built for sharing to different graphs than Facebook have been some of the few social products that have succeeded outside its empire, from Twitter’s interest graph, to TikTok’s fandoms of public entertainment, to Snapchat’s messaging threads with besties.

A competent and popular Facebook Favorites could let it try products in location, memes, performances, Q&A, messaging, livestreaming, and more. It could build its own take on Instagram Threads, let people share exact location just with Favorites instead of just what neighborhood they’re in with Nearby Friends, or create a dedicated meme resharing hub like the LOL experiment for teens it shut down. At the very least, it could integrate with Instagram Close Friends so you could syndicate posts from Instagram to your Facebook Favorites.

The whole concept of Favorites aligns with Facebook CEO Mark Zuckerberg’s privacy-focused vision for social networking. “Many people prefer the intimacy of communicating one-on-one or with just a few friends” he writes. Facebook can’t just be the general purpose catch-all social network we occasionally check for acquaintances’ broadcasted life updates. To survive another 15 years, it must be where people come back each day to get real with their dearest friends. Less can be more.

Instagram launches Threads, a Close Friends chat app with auto-status

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FCC bans spending on Huawei, ZTE and other ‘national security threats’

{rss:content:encoded} FCC bans spending on Huawei, ZTE and other ‘national security threats’ https://ift.tt/37soWYU https://ift.tt/2XEAnYV November 22, 2019 at 08:39PM

The FCC has finally put the seal of approval on its plan to cut funding going to equipment from companies it deems a “national security threat,” currently an exclusive club of two: Huawei and ZTE.

No money from the FCC’s $8.5 billion Universal Service Fund, used to subsidize purchases to support the rollout of communications infrastructure, will be spent on equipment from these companies.

“We take these actions based on evidence in the record as well as longstanding concerns from the executive and legislative branches,” said FCC Chairman Ajit Pai in a statement. “Both companies have close ties to China’s Communist government and military apparatus. Both companies are subject to Chinese laws broadly obligating them to cooperate with any request from the country’s intelligence services and to keep those requests secret. Both companies have engaged in conduct like intellectual property theft, bribery, and corruption.”

The Chinese companies have faced federal scrutiny for years and vague suspicions of selling compromised hardware that the government there could take advantage of, but it was only at the beginning of 2019 that things began to heat up with the controversial arrest of Huawei CFO Meng Wanzhou. The companies, it hardly needs mentioning, have vehemently denied all allegations.

Increasingly complicated relations between China and the U.S. generally compounded the difficulty of ZTE and Huawei operating in the States, as well as selling to or purchasing from American companies.

The FCC’s new rule was actually proposed well before things escalated, a fact that Commissioner Jessica Rosenworcel, though she supported the measure, emphasized.

FCC wants to stop spending on gear from companies that ‘pose a national security threat’

“This is not hard,” she wrote in a statement accompanying the new rule. “It should not have taken us eighteen months to reach the conclusion that federal funds should not be used to purchase equipment that undermines national security.”

Working out the details may have been difficult, however, given the generally chaotic state of the federal government right now. For instance, one month this summer it was going to be illegal for U.S. firms to sell their products to Huawei — and then it wasn’t. Just yesterday several Senators wrote to protest the Department of Commerce issuing licenses to firms doing business with Huawei.

Furthermore, it may be a financial burden for smaller carriers to comply with these rules. There’s a plan for that, though, as Chairman Pai explained: “To mitigate the financial impact of this requirement, particularly on small, rural carriers, we propose to establish a reimbursement program to help offset the cost of transitioning to more trusted vendors.”

Another, earlier proposal, to make communications companies actively remove hardware purchased from those companies, was not considered at November’s open FCC meeting. I’ve asked the agency about this and will update if I hear back.

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Pitch OUT of Palace — Duke of York steps down from Pitch@Palace as event goes independent

Prince Andrew, The Duke of York, is to completely step down from his role as head of the Pitch@Palace initiative he set up at Buckingham Palace to showcase entrepreneurs, and the operation will be relaunched as ‘Pitch’ without any royal involvement, according to a well-placed source.

Despite indications on Thursday that the Duke had decided to stay on in the private sector after stepping aside from all public duties, TechCrunch understands there is to be “no further royal involvement”.

This week, Pitch@Palace’s major sponsors – including Barclays Bank – were reportedly furious that the Duke had declined to resign. Sponsors listed as Pitch@Palace supporters are British chip designer Arm and airline AirAsia. Other backers including KPMG, Standard Chartered and Bosch pulled out earlier this week. Mark Eavis, a director of Pitch@Palace who runs an advertising agency, quit his role on Tuesday.

The Duke, who founded Pitch@Palace, which matches investors and corporate partners with startup companies, was previously due to host a Pitch@Palace event at St James’s Palace next month. But a planned trip to Bahrain to promote the event was canceled on Thursday night amid the furor surrounding his disastrous BBC Newsnight interview, in which he defended his friendship with Jeffrey Epstein, the late financier and sex offender, and showed little sympathy for Epstein’s victims.

Yesterday royal sources said Pitch@Palace would be moved to his “private portfolio”. But it’s understood that previous sponsors have won the battle to force the Prince to resign from the initiative completely.

Pitch@Palace will now be rebranded as “Pitch” by the directors, who are headed up by Amanda Thirsk (pictured), formerly the Prince’s private secretary, a role now abolished after the Duke stepped down from public duties.

The Duke was the “significant” controller of Pitch@Palace Global Ltd, the private company set up to run the events. The scheme had provided start-up firms with advice and contacts, but no funding. A controversial clause in the terms and conditions recently revealed on Twitter, showed that it was entitled to a 2% equity share of any company that went through the Pitch@Palace program for three years, has, say sources, been removed from the conditions to apply.

One VC I spoke to about the terms said he was “aghast” that such a clause had been inserted in the application document.

A source told TechCrunch that the terms had “never been actioned” and would no longer continue with the new “Pitch” entity.

Pitch@Palace was a glitzy event, using all the prestige of its royal connections – soldiers from the Household regiment as part of the theatrical staging – to showcase often over-looked startups and entrepreneurs. Although venture capitalists attended early versions of the event when it launched in 2014, in recent years its switch into more impact-led companies and charities had meant institutional investors tended to steer clear.

Speaking to the BBC, Will King, founder of King of Shaves, said it was “really sad” the Pitch@Palace initiative had “been affected by the personal issues around the Duke of York.” King, a founding member of Pitch@Palace had previously suggested Prince Andrew could be “rotated out of his captaincy of the ship” for the business initiative.

Speaking to Techcrunch, a well-placed source said: “The directors of Pitch are keen to find another way for it to survive after several years as an extremely successful initiative which helped many under-served entrepreneurs.”

“In a week or so there will be a full statement about its future,” they added.

“The directors are looking for a new home for ‘Pitch’ out of the Palace, as an independent, going concern.”

They also said “new sponsors are coming on board and several old sponsors are sticking with it. It would be a massive shame if it collapsed.”

According to the Pitch@Palace web site, it claimed to have generated £1.345m economic activity, 6,323 jobs, 39% of its winners were female, created 1,042 Alumni and saw 2,842 pitches.

Picture: Getty Images

https://ift.tt/eA8V8J Pitch OUT of Palace — Duke of York steps down from Pitch@Palace as event goes independent https://ift.tt/2QH7ERT

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VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called VTEX — which originally got its start in Latin America helping companies like Walmart expand their business to new markets with an end-to-end e-commerce service covering things like order and inventory management; front-end customer experience and customer service — has raised $140 million in funding, money that it will be using to continue taking its business deeper into more international markets.

The investment is being led by SoftBank, specifically via its Latin American fund, with participation also from Gávea Investimentos and Constellation Asset Management. Previous investors include Riverwood and Naspers, and Riverwood continues to be a backer, too, the company said.

Mariano Gomide, the CEO who co-founded VTEX with Geraldo Thomaz, said the valuation is not being disclosed, but he confirmed that the founders and founding team continue to hold more than 50% of the company. In addition to Walmart, VTEX customers include Levi’s, Sony, L’Oréal and Motorola. Annually, it processes some $2.4 billion in gross merchandise value across some 2,500 stores, growing 43% per year in the last five years.

VTEX is in that category of tech businesses that has been around for some time — it was founded in 1999 — but has largely been able to operate and grow off its own balance sheet. Before now, it had raised less than $13 million, according to PitchBook data.

This is one of the big rounds to come out of the relatively new SoftBank Innovation Fund, an effort dedicated to investing in tech companies focused on Latin America. The fund was announced earlier this year at $2 billion and has since expanded to $5 billion. Other Latin American companies that SoftBank has backed include online delivery business Rappi, lending platform Creditas, and proptech startup QuintoAndar.

The common theme among many SoftBank investments is a focus on e-commerce in its many forms (whether that’s transactions for loans or to get a pizza delivered) and VTEX is positioned as a platform player that enables a lot of that to happen in the wider marketplace, providing not just the tools to build a front end, but to manage the inventory, ordering and customer relations at the back end.

“VTEX has three attributes that we believe will fuel the company’s success: a strong team culture, a best-in-class product and entrepreneurs with profitability mindset,” said Paulo Passoni, managing investment partner at SoftBank’s Latin America fund, in a statement. “Brands and retailers want reliability and the ability to test their own innovations. VTEX offers both, filling a gap in the market. With VTEX, companies get access to a proven, cloud-native platform with the flexibility to test add-ons in the same data layer.”

Although VTEX has been expanding into markets like the US (where it acquired UniteU earlier this year), the company still makes some 80% of its revenues annually in Latin America, Gomide said in an interview.

There, it has been a key partner to retailers and brands interested in expanding into the region, providing integrations to localise storefronts, a platform to help brands manage customer and marketplace relations, and analytics, competing against the likes of SAP, Oracle, Adobe, and Salesforce (but not, he said in answer to my question, Commercetools, which builds Shopify-style API tools for mid- and large-sized enterprises and itself raised $145 million last month).

E-commerce, as we’ve pointed out before, is a business of economies of scale. Case in point, while VTEX processes some $2.5 billion in transactions annually, it makes a relative small return on that: $69 million, to be exact. This, plus the benefit of analytics on a wider set of big data (another economy of scale play), are two of the big reasons why VTEX is now doubling down on growth in newer markets like Europe and North America. The company now has 122 integrations with localised payment methods.

“At the end of the day, e-commerce software is a combination of knowledge. If you don’t have access to thousands of global cases you can’t imbue the software with knowledge,” Gomide said. “Companies that have been focused on one specific region and now realising that trade is a global thing. China has proven that, so a lot of companies are now coming to us because their existing providers of e-commerce tools can’t ‘do international.'” There are very few companies that can serve that global approach and that is why we are betting on being a global commerce platform, not just one focused on Latin America.”

https://ift.tt/eA8V8J VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund https://ift.tt/37wgpEs

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Don’t miss out: Exhibit in Startup Alley at Disrupt Berlin 2019

Heiliger Strohsack — holy smokes! In just a few weeks, thousands of attendees will arrive in Germany for Disrupt Berlin 2019, the premiere international tech conference focused on early-stage startups. Talk about an opportunity to expose your fledgling startup to savvy investors, hungry media and a host of successful tech entrepreneurs and potential customers — from more than 50 countries.

Here’s the best part: you still have time to plant your flag in Startup Alley and place your innovative products and ideas in front of the movers and shakers who can help you advance your business goals. How? Buy a Startup Alley Exhibitor Package.

Startup Alley exhibitors receive one full day on the expo floor, plus three Founder passes, access to programming on all stages (including the Startup Battlefield competition, speakers, interactive workshops and Q&A Sessions), the complete attendee list via TechCrunch Events Mobile App, CrunchMatch — TechCrunch’s free networking platform — the complete press list and exclusive video content access once the conference ends.

Consider the benefits of exhibiting. Disrupt Berlin attendees flock to Startup Alley to meet and greet the hundreds of outstanding startups on display — including our recently announced TC Top Picks. It’s networking on steroids where you have the opportunity to meet investors determined to find the perfect addition to their portfolios, journalists eager to write about new companies and emerging trends or startuppers looking for collaborators, service providers or a new gig.

What’s more, every startup that exhibits gets a shot at the Wild Card — which means a spot to compete in Startup Battlefield. Imagine — you could win it all and take home the $50,000 prize. Does that seem far-fetched? Granted, it’s a longshot, but Legacy earned the Wild Card at Disrupt Berlin 2018 and went on to win the Startup Battlefield ccompetition. And RecordGram did the same at Disrupt NY 2017.

Whether or not you win the Wild Card, exhibiting in Startup Alley provides real benefits. Here’s what Caleb John, co-founder of Cedar Robotics, told us about his experience.

“We demonstrated our technology in front of hundreds of people. It was a chance to meet startups we might work with, investors for potential funding and, because we plan to expand down the road, we’ll need to hire people for R&D. Building relationships with those firms was very helpful.”

Disrupt Berlin 2019 takes place in just a few weeks — on 11-12 December. Don’t miss your opportunity for the kind of exposure that can alter the trajectory of your startup in the best way possible. Buy your Startup Alley Exhibitor Package and show the world what you’ve got!

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.

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Equity Dive: Poshmark’s origin story with co-founder & CEO Manish Chandra

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We have something a bit different for you this week. Equity co-host Kate Clark recently sat down with Manish Chandra, the co-founder and chief executive officer of Poshmark, and one of his earliest investors, NFX managing partner James Currier.

If you haven’t heard of Poshmark, it’s an online platform for buying and selling clothes. Basically, it’s the thrift shop of the 21st century. We asked Chandra how he and co-founders Tracy Sun, Gautam Golwala and Chetan Pungaliya cooked up the idea for Poshmark, what bumps they faced along the way, how they raised venture capital and, of course, what details of their upcoming initial public offering he could share with us. Meanwhile, Currier dished about the company’s early days, when the Poshmark team worked hard on the floor of Currier’s office.

Unfortunately, neither Chandra or Currier were willing to share deets about Poshmark’s IPO, reportedly expected soon. But they both shared interesting insights into building a successful venture-backed company, battling competition and putting your best foot forward.

Glad you guys came back for another episode, we’ll see you soon.

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

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Watch Sacha Baron Cohen skewer Zuckerberg’s “twisted logic” on hate speech and fakes

Comedian Sacha Baron Cohen has waded into the debate about social media regulation.

In an award-acceptance speech to the Anti Defamation League yesterday the creator of Ali G and Borat delivered a precision takedown of what he called Facebook founder Mark Zuckerberg’s “bullshit” arguments against regulating his platform.

The speech is well worth watching in full as Cohen articulates, with a comic’s truth-telling clarity, the problem with “the greatest propaganda machine in history” (aka social media platform giants) and how to fix it: Broadcast-style regulation that sets basic standards and practices of what content isn’t acceptable for them to amplify to billions.

“There is such a thing as objective truth,” said Cohen. “Facts do exist. And if these Internet companies really want to make a difference they should hire enough monitors to actually monitor, work closely with groups like the ADL and the NAACP, insist on facts and purge these lies and conspiracies from their platforms.”

Attacking social media platforms for promulgating “a sewer of bigotry and vile conspiracy theories that threaten our democracy and to some degree our planet”, he pointed out that freedom of speech is not the same as freedom of reach.

“This can’t possibly be what the creators of the Internet had in mind,” he said. “I believe that’s it’s time for a fundamental rethink of social media and how it spreads hate, conspiracies and lies.”

“Voltaire was right. Those who can make you believe absurdities can make you commit atrocities — and social media lets authoritarians push absurdities to billions of people,” he added.

Cohen also rubbished Zuckerberg’s recent speech at Georgetown University in which the Facebook founder sought to appropriate the mantle of ‘free speech’ to argue against social media regulation.

“This is not about limiting anyone’s free speech. This is about giving people — including some of the most reprehensible people in history — the biggest platform in history to reach a third of the planet.”

“We are not asking these companies to determine the boundaries of free speech across society, we just want them to be responsible on their platforms,” Cohen added.

On Facebook’s decision to stick by its morally bankrupt position of allowing politicians to pay it to spread lying, hatefully propaganda, Cohen also had this to say: “Under this twisted logic if Facebook were around in the 1930s it would have allowed Hitler to post 30-second ads on his solution to the ‘Jewish problem’.”

Ouch.

YouTube also came in for criticism during the speech, including for its engagement-driven algorithmic recommendation engine which Cohen pointed out had singlehandedly recommended videos by conspiracist Alex Jones “billions of times”.

Just six people decide what information “so much of the world sees”, he noted, name-checking the “silicon six” — as he called Facebook’s Zuckerberg, Google’s Sundar Pichai, Alphabet’s Larry Page and Sergey Brin, YouTube’s Susan Wojcicki, and Twitter’s Jack Dorsey.

“All billionaires, all Americans, who care more about boosting their share price than about protecting democracy. This is ideological imperialism,” he went on. “Six unelected individuals in Silicon Valley imposing their vision on the rest of the world, unaccountable to any government and acting like they’re above the reach of law.

“It’s like we’re living in the Roman Empire and Mark Zuckerberg is Caesar. At least that would explain his haircut.”

Cohen ended the speech with an appeal for societies to “prioritize truth over lies, tolerance over prejudice, empathy over indifference, and experts over ignoramuses” and thereby save democracy from the greed of “high tech robber barons”.

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Bellman wants to simplify property management for residential buildings

Meet Bellman, a new French startup that wants to improve residential building management using technology and a fair amount of human interactions. The startup has been co-founded by Antonio Pinto, who previously co-founded TV Time.

“I know this space quite well because I’m the son of a caretaker so I grew up in the caretaker’s apartment until I was 17,” Pinto told me.

In France, the vast majority of property management of residential buildings is handled by private companies. As co-owners of the hallways, elevator and common space of your building, you get together every few years to decide if you want to work with a third-party company to handle all the pesky tasks that come with property management.

And Bellman wants to replace those companies as they often have outdated processes, which leads to poor customer satisfaction. Foncia, Citya, Nexity and Immo de France dominate the market. But due to high churn rates, they regularly buy smaller residential property management companies.

“I started having problems myself with my property management company. I sent an email just to say that the elevator wasn’t working and they replied asking me ‘hello, what’s your address?’” Pinto said. According to him, a CRM with the name of the co-owners, their email addresses and their building address seemed like a basic feature.

Bellman focuses on two values — responsiveness and transparency. And it starts with a tech platform. The startup has developed a service to help property managers do their job properly. In addition to centralizing information, Bellman hopes to automate some of the most repetitive tasks.

Residential building co-owners regularly receive updates via emails as this is the most direct way to reach them. If you want to download invoices and other paperwork, you can connect to Bellman’s website to see all your documents.

As a full-stack property management company for residential buildings, Bellman has hired in-house property managers. “We have property managers who have 5 to 10 years of experience,” Pinto said.

Each property manager can manage around 50 buildings. Bellman doesn’t want to compete on price, so it costs as much as a legacy property management contract. You can expect to pay around €20 per apartment per month for a building with 20 apartments for instance. Bellman then acts as the help desk for the building.

But Bellman wants to help its clients save money by renegotiating contracts with partners — elevator maintenance, heating maintenance, cleaning company, water, electricity, insurance, taking care of the garden, etc. There are roughly 40 different contracts per building, and legacy property management companies don’t have time for that.

Bellman wants to detect if you’re paying too much for heating for instance. It could be because there’s a broken part in the heating system, and the startup could detect unusual activity.

Finally, the startup also takes care of administrative tasks, such as general meetings or collecting money from co-owners ahead of some construction work.

Bellman is just starting for now. It is currently available in Paris and nearby cities as property managers need to be able to go the building. The startup manages a dozen buildings right now.

But Bellman has already raised $2.2 million (€2 million) from Connect Ventures and around 30 business angels (Xavier Niel/Kima Ventures, Michael Benabou, The Family, Jean-David Blanc, Nicolas Brusson, Nadra Moussalem, Antoine Martin…).

According to the company, there are other European countries with a similar system, such as Belgium, Spain, Portugal and Italy. It could open up some opportunities when it comes to international expansion.

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Twitter will finally let you turn on two-factor authentication without giving it a phone number

Two-factor authentication is good! SMS-based two-factor authentication? Not the best option. After countless tales of people having their phone numbers and inbound SMS hijacked by way of SIM swapping, it’s clear that SMS just isn’t the right solution for sending people secondary login codes.

And yet, for many years, it’s been the mandatory go-to on Twitter. You could switch to another option later (like Google Authenticator, or a physical Yubikey) — but to turn it on in the first place, you were locked into giving Twitter a phone number and using SMS.

Twitter is getting around to fixing this, at long last. The Twitter Safety team announced that you’ll be able to enable two-factor authentication without the need for a phone number, starting sometime today.

This news comes just a few months after Jack Dorsey’s own Twitter account was hacked (seemingly by way of a SIM swap) and a few weeks after Twitter had to admit it was using phone numbers provided during the two-factor setup process for serving targeted ads.

We're also making it easier to secure your account with Two-Factor Authentication. Starting today, you can enroll in 2FA without a phone number. https://t.co/AxVB4QWFA1

— Twitter Safety (@TwitterSafety) November 21, 2019

Some users are reporting that the setup process still requests a phone number, so it seems like this change is being rolled out rather than launching for everyone immediately.

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OutVoice officially launches its freelancer payment tools

OutVoice, a startup that allows editors to pay freelancers with the click of a button, has officially left beta testing and is open to any publication.

The company is also announcing that it has raised an undisclosed amount of seed funding from content monetization startup Coil.

OutVoice was founded by Matt Saincome and Issa Diao (pictured above). When the product was still in beta last year, Saincome told me it was created to solve “a horrible problem for everyone” involved in publishing freelance work: When he was a freelance writer, he’d have to constantly bug editors so that he could get paid, but then as the founder of the satirical sites The Hard Times and Hard Drive, he realized that managing payments was a huge headache.

OutVoice simplifies the whole process by integrating directly into WordPress and other content management systems. When editors load a story into the CMS, they can also identify the contributor and the payment amount. Then once they hit publish, the payment is sent and should arrive in the freelancer’s back account within a few days.

This means freelancers don’t have to worry about payment delays, while publications don’t have to worry about tracking invoices and writing checks (or losing their best writers and photographers if they don’t stay on top of this).

OutVoice also handles the initial on-boarding paperwork that the freelancers need to fill out, and it creates monthly reports for accounting and taxes. Publications can pay for the service on either a per-transaction basis (5% of payments plus $1 per transaction) or through a monthly subscription, which starts at $29 per month.

And by working with Coil, OutVoice says it can take advantage of new payment technologies like Interledger.

“Our goal at Coil is to make it easy and effortless for content creators to get paid,” said Coil CEO Stefan Thomas in a statement. “During their beta, OutVoice has already erased hundreds of years of lag time between freelance content creators and their paycheck. We’re excited to partner with OutVoice to promote more efficient payment solutions and processes, giving creators more time and money to create.”

300M-user meme site Imgur raises $20M from Coil to pay creators

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Camp Grounded Digital Detox returns after founder’s death

Summer camp for adults and beloved tech-free weekend getaway Camp Grounded ground to a halt in 2017. Its big-hearted founder Levi Felix who’d espoused the joys of trading screens for nature walks was tragically killed by brain cancer at just age 32. Left in his wake was mourning community who’d lost their digital detox rally just as everyone was realizing the importance of looking up from their phones.

As an attendee, I’d been impressed by how the founder (known as Professor Fidget Wigglesworth at camp) used playfulness and presence to transport us back to childhood, before we got hooked on the Internet. But he also broke people’s addiction to shame, mandating that anyone who screwed up in a sports game or talent show announce “I’m awesome”, and be met with a cheer from the crowd, “your awesome!”

Luckily, one of Felix’s elementary school friends Forest Bronzan wants to write a happier ending to this story. Almost three years after it went into hibernation follow its creator’s death, Bronzan has acquired Camp Grounded and its parent company Digital Detox.

Camp Grounded will relaunch in May 2020 as two back-to-back weekend retreats at Northern California’s gorgeous Camp Mendocino. Attendees will again leave their devices in Tech Check lockers run by hazmat-suit wearing staffers, assume nicknames, and stop the work talk. They’ll get to play in the woods like technology never existed, indulging in Camp Grounded favorites from archery to arts & crafts to bonfire singalongs about enthusiastic consent. However, to simplify logistics, Camp Grounded won’t hold sessions in New York, North Carolina, or Texas any more.

The company will also organize more four-hour Unplugged Nights in cities around the country where partiers can switch off their phones and make new friends. The idea is to give a broader range of people a taste of the Grounded lifestyle in smaller doses. Those interested in early access to tickets for all of Digital Detox’s events can sign up here.

Camp Grounded’s Tech Check staffers confiscate attendees’ devices upon their arrival. Image Credit: Daniel N. Johnson

Meanwhile, Digital Detox will start a new business of education and certifications for K-12 schools, coaching teachers and parents on how to gently reduce students’ screentime. Schools will pay per student like a Software-As-A-Service model. Through research by a few PhDs, the company will recommend proper rules for using tech in and out of the classroom to minimize distraction, and empathetic penalties for violations.

The obvious question to ask, though, is if Bronzan is just some business guy coming to coin off the anti-tech trend and Felix’s legacy. “I’m not Apple coming in and buying the company. This isn’t a tech acquisition” Bronzan insists at a coffee shop in San Francisco. “I knew Levi before anyone else knew Levi. We went trick-or-treating and played in school band together. I want to the first Digital Detox summit, and brought my company year after year. I’ve been involved from the begginning, seeing Levi’s passion and inspiration.”

Levi Felix and Forest Bronzan (from left) in 1996

Fidget had an innately soothing camp counselor vibe to him that Bronzan doesn’t quite capture. He’d previously built and sold Email Aptitude, a CRM and email agency, not an event or education business. But he truly seems to mean well, and he’s earned the support of Digital Detox’s team.

“My mission was to find someone that was as excited and ferocious as Levi and I were when we started Digital Detox to further it as a movement” says Brooke Dean, Felix’s wife and co-founder. “It was imperative that the person running DD and CG had actually experienced the magic. This person had to be more than a lover of camp and nature, they also needed the hard skills and successful track record of running a company. Forest is stable, business-minded and also finds value in that very unique magic.”

Bronzan tells me the acquisition includes a cash component (“We’re not talking eight figures”) and a capital investment in the business, both funded by his email company’s exit. Two other individuals and one company had also expressed interest. Dean and Felix’s brother Zev will retain equity in the company, and she’ll stay on the board of directors. The trio are launching the Levi Felix Foundation that will donate money to brain cancer research.

While moving into education might seem like a left turn for Digital Detox after throwing events since 2012, Dean says “Levi was planning on going back to school and was deeply interested in being an academic in this field. We always believed that there needed to be evidence in order to convince the masses that being outside and connecting with other human beings ‘IRL’ is critical to our health and longevity.”

Some alarming stats the organization has already uncovered include:

• 77% of people check or pretend to check their phone to avoid talking to others
• 38% feel less connected to their partner or close friend due to cell phone use
• Nearly 20% check their phone while having sex

“We want to eventually be the central source of tools on how tech is affecting lives and relationships at all age levels” Bronzan tells me. It’s zeroing in on how compulsive behaviors like endless scrolling increase anxiety and depression, and how parents glued to their devices train children to not be present. The father of two kids under age five, Bronzan knows a weekend at camp in your 20s or 30s is too little too late to seriously address the crisis of fractured attention.

Digital Detox’s new CEO says he’s heartened by the progression of some of Felix’s ideals, as with the Time Well Spent movement. The screentime dashboards launched by tech companies don’t do enough to actually change people’s actions, he says, though “They’re at least making some effort.” Digital Detox plans to launch a comprehensive quiz to determine how addicted you are to your phone, and Bronzan says he’d happily work with tech giants to integrate his company’s research.

 

On the camp for adults front, we’ve seen Burning Man go mainstream but lose some of what made it special including a lack of cell phone reception. It’s now common to see people on the playa staring at their phones, talking about work, and stressed about the clock — all of which are prohibited at Camp Grounded. Festivals like Coachella seem to get more corporate and less mindful each year. That leaves plenty of open space for Digital Detox to fill with purposeful breaks from the default world.

Bronzan also wants to introduce more surprise and serendipity to the event calendar. Camp Grounded will experiment with a “Mystery Trip” where eight to ten people sign up to be whisked away, only receiving a confidential briefing package the day before they show up. The point is to extract people from their routines where unhealthy habits manifest. Without connectivity, Camp Grounded hopes people will forge new connections in their minds, and with each other.

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