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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
ByteDance, TikTok’s parent company, plans to launch a free music streaming app
Does the overcrowded and cut-throat music streaming business have room for an additional player? The world’s most valuable startup certainly thinks so. Chinese conglomerate ByteDance, valued at over $75 billion, is working on a music streaming service, two sources familiar with the matter told TechCrunch. The company, which operates popular app TikTok, has held discussions […]

Tue, 21 May 2019 09:42:56 +0000

Ravin.ai raises $4M to use computer vision for vehicle damage inspections
Ravin.ai, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage, has closed a $4 million seed round. The investment is led by Pico Venture Partners, with participation from Shell Ventures and “automotive entrepreneur” Adam Draizin. It marks Shell Ventures’ first Israel investment. Founded in 2018 and based in Haifa and London, […]

Tue, 21 May 2019 09:00:05 +0000

Oculus Quest and Rift S now shipping
Facebook -owned Oculus is shipping its latest VR headgear from today. Preorders for the PC-free Oculus Quest and the higher end Oculus Rift S opened up three weeks ago. In a launch blog Oculus touts the new hardware’s “all-in-one, fully immersive 6DOF VR” — writing: “We’re bringing the magic of presence to more people than […]

Tue, 21 May 2019 08:41:31 +0000

Google brings release channels and Windows Container support to its Kubernetes Engine
At KubeCon + CloudNativeCon, the bi-annual gathering of cloud-native computing boffins, Google today announced that it now offers three release channels for its Google Kuberentes Engine (GKE): Rapid, Ragular and Stable. With these, Google Cloud users can decide whether they want the freshest release or the most stable one — or easily evaluate the latest […]

Tue, 21 May 2019 07:01:07 +0000

IDC: Asia-Pacific spending on AI systems will reach $5.5 billion this year, up 80 percent from 2018
Spending on artificial intelligence systems in the Asia-Pacific region is expected to reach $5.5 billion this year, an almost 80 percent increase over 2018, driven by businesses in China and the retail industry, according to IDC. In a new report, the research firm also said it expects AI spending to climb at a compound annual […]

Tue, 21 May 2019 06:34:22 +0000