Month: July 2018

25 Jul 2018

Qualcomm says it will drop its massive $44B offer to acquire NXP

Qualcomm today said it wouldn’t extend its offer to buy NXP for $44 billion today as part of its release for its quarterly earnings, and instead be returning $30 billion to investors in the form of a share buy-back.

So, barring any last-second changes in the approval process in China or “other material developments”, the deal is basically dead after failing to clear China’s SAMR. As the tariff battle between the U.S. and China has heated up, it appears the Qualcomm/NXP deal — one of the largest in the semiconductor industry ever — may be one of its casualties. The White House announced it would impose tariffs on Chinese tech products in May earlier this year, kicking off an extended delay in the deal between Qualcomm and NXP even after Qualcomm tried to close the deal in an expedient fashion. Qualcomm issued the announcement this afternoon, and the company’s shares rose more than 5% when its earnings report came out.

“We reported results significantly above our prior expectations for our fiscal third quarter, driven by solid execution across the company, including very strong results in our licensing business,” Qualcomm CEO Steve Mollenkopf said in a statement with the report. “We intend to terminate our purchase agreement to acquire NXP when the agreement expires at the end of the day today, pending any new material developments. In addition, as previously indicated, upon termination of the agreement, we intend to pursue a stock repurchase program of up to $30 billion to deliver significant value to our stockholders.”

Today’s termination also marks the end of another chapter for a tumultuous couple of months for Qualcomm. The White House blocked Broadcom’s massive takeover attempt of Qualcomm in March earlier this year, and there’s the still-looming specter of its patent spat with Apple. Now Qualcomm will instead be returning an enormous amount of capital to investors instead of tacking on NXP in the largest ever consolidation deal in the semiconductor industry.

25 Jul 2018

Zbiotics says it’s bioengineered a hangover cure

Y Combinator backed Zbiotics has spend two years developing what they’re billing as the world’s first genetically engineered probiotic. The startup’s initial product isn’t exactly world-changing but it might just save your day — given they’ve invented an elixir of ‘next day’ life: Aka a hangover cure.

Although you actually have to take it before — or, well, during — drinking rather than waiting until the moment of regretful misery when you wake up.

How have they done this? For their first product they’ve bioengineered probiotic bacteria to produce more of the enzyme that the body naturally uses to break down a toxic chemical byproduct of alcohol which is in turn responsible for people feeling awful after too many alcoholic drinks. So you could say they’re hoping to put probiotics on steroids. (NB: No actual steroids are involved, obviously.)

While probiotics themselves aren’t at all new, having been in the human diet for thousands of years — with wide acceptance that certain strains of these live ‘friendly’ bacteria/microorganisms can be beneficial for things like human gut health — the team’s approach of using gene editing techniques (specifically fiddling with the bacteria’s DNA) to enhance what a probiotic can deliver to the person who’s ingested it is the novel thing here.

So new they haven’t yet conducted the placebo controlled, peer-reviewed clinical trials that will ultimately be necessary to back up the efficacy claims they’re making for their biotech enhanced hangover cure.

Nor are they therefore in a position to defend their forthcoming hangover elixir from accusations of supplementary ‘snake oil’ — and, well, the supplement industry as a whole often has that charge leveled at it. And yet people keep buying and popping its pills. (Therein lies the temple rub, vitamin potion and wellness capsule. And, well, also the investor appetite for carving a fresh chunk out of a very large pie.)

Zbiotics co-founders Zack Abbott and Stephen Lamb freely admit it’s going to be a challenge to stand out — and be considered credible amid all this, er, goop noise.

“This consumer space is rife with pseudo science,” agrees Abbott, who has a PhD in microbiology and immunology from the University of Michigan. “Everybody is banging the drum of real science. And so we have a huge challenge to differentiate ourselves. And really convince the consumer that we’ve built something specific.

“And it really is a first effort to invent a product to specifically address their problem, as opposed to grabbing vitamins off a shelf, putting them in a bottle and labelling it.”

“There are some companies… [that] address dehydration [for hangovers]; that’s not enough. There are other companies they just put [vitamins] into a bottle, that’s not enough. There’s so much noise out there. How do we break through that? It could take some time,” admits Lamb. “And it could take a lot of work.”

Tested in vitro — and on birthday beers

At this pre-launch stage, the founders say they’ve tested their beefed up probiotic on themselves — and will go so far as to say they’ve seen “promising results”.

“I had the fortune of having the final prototype built just a week or two before my birthday and so I ended up trying it out for my birthday and it was great,” adds Abbott.

They are also keen to say they don’t want to encourage irresponsible drinking. So don’t expect their future marketing to talk about ‘a biotech license for your next bender’. Product pricing is tbc but they say they’re aiming for widely affordable, rather than lux or overly premium.

With hangover results that could speak for themselves, their hope is that people will feel confident enough to have a pop and see whether the idea of a biotech enhanced probiotic that’s pumping out extra alcohol-metabolizing enzymes stands up to several pints of lager and a few chasers (or not).

Though — when asked — they do say they also want to carry out clinical trials to glean data on the efficacy of their hangover cure.

“We are a very science-first company and so we don’t want to be making any claims about anything that we don’t have data to back up,” says Abbott.

“At this point… we’ve done significant testing in a test tube, in vitro, and shown that the bacteria we’ve built do perform the function that they’re supposed to perform. Which is to break down acetaldehyde. But we can’t make further health claims until we do clinical trials. And we in the process of drafting up a protocol for a human clinical study with one of our scientific advisors — Dr Joris Verster — a world expert in academic hangover research. But in the meantime we can’t make those claims until we have that.”

They are also planning to launch a crowdfunding campaign later this year — in order to start making some of their own noise and trying to drum up interest and, well, willing guinea pigs.

Though they are also adamant the product is entirely safe. It’s just the efficacy vs hangover misery that’s yet to be stood up in human clinical trials.

While a hangover cure might seem a trivial problem to focus high tech bioengineering effort on, they say the unmissable fact of a hangover — or indeed the lack of one — was one of the reasons why they selected such an “everyday problem” for the first application of their technique vs going for a more fuzzy (and, well forgiving on the efficacy front) generic goal like ‘wellness’. Or indeed targeting an issue where a ‘cure’ is pretty subjective and hard to quantify (like anti-aging).

Absolutely no one is going to mistake a hangover for feeling great. Though of course the power of the placebo effect working its psychological magic cannot be ruled out — not until they’ve clinically tested their stuff against it in robust trials.

On the other hand, even if it ends up that a placebo effect is what’s making people feel better, given that the target problem is (just) a hangover there aren’t likely to be too many consumer complaints and cries for money back.

“One of the reasons why we chose this use-case was that it would allow people to try it and feel the advocacy for themselves. That was very important,” says Abbott. “It’s something you can feel the results of. So that was really important. Having a visceral read-out of efficacy. People can experience the product working for themselves.”

The other reason for choosing a hangover cure was more practical: They needed a problem that could be solved with an enzyme and therefore which could be helped by genetically engineering bacteria to produce more of the sought for substance.

“The whole point here is that we’ve engineered a bacteria to express an enzyme specifically that can solve a problem,” he explains. “Enzymes are these really powerful complex molecules that are not easy to deliver to people. So it has to be a problem that you can solve with an enzyme.

“There has to be a nice fit with the technology. So we look for things where parts of the body where bacteria has access to you; you have a lot of bacteria in your gut, in your skin, in your mouth, in your nose… places were we can deliver bacteria and they can express these enzymes to solve problems of everyday health.”

“We start with probiotics that have an extremely good safety profile, have been used in regular food by humans for centuries. And we identify those because we know that they’re going to be safe, and we know that they’re going to be able to interact with your body in the way that we want them to. And then we engineer those bacteria as oppose to choosing something that your body may never have seen before,” adds Lamb, who brings prior experience helping food companies enter new markets to the startup.

He says they’ve been safety testing their prototype probiotic for the past year and change at this point — “making sure that this is ready for market before we actually launch anything”.

“We are not going to launch any kind of product until it’s completely safety tested according to every regulatory framework here in the U.S. — and we’re totally comfortable with that,” he adds emphatically.

They do also intend to move beyond hangover cures, with the plan being to develop additional probiotics that target other use-cases. And say they’ve been building a gene editing platform that’s flexible for that purpose. Though they’re not disclosing exactly what else they’re working on or eyeing up — wanting to keep that powder dry for now.

“I spent over a year building the first product, and the lion’s share of that time was spent making sort of a genetic platform… that was adaptable to multiple use-cases,” says Abbott. “At first I just engineered the bacteria to be able to make a lot of enzyme generally. Whatever enzyme I put into the platform. And so the first enzyme I put in was to break down acetaldehydes. That being said it could be easily switched out for an enzyme to break down… a different toxin that your body has to deal with. So the platform is very adaptable and it was designed to be that way.”

“That being said there are certain use-cases we’re really excited about that may require additional optimization techniques in order to make them work specifically for that use-case. So, generally speaking, some may require more work than others but the platform we started with gives us a good launch pad,” he adds.

As well as YC’s standard startup deal, the team has raised an additional $2.8M in seed funding this year for R&D and the initial product roadmap. They’re hoping the forthcoming crowdfunding campaign will give them the additional lift to ship the consumer product into the US market.

Investors in the seed round aren’t being disclosed at this stage. Abbott also notes that he previously got a small amount of pre-seed funding, early on, to fund building the prototype.

It’s fair to say that biotech as an investment space isn’t a bet for every investor — given product development risks, timeframes and perhaps also some of the deflated hype of past years. Which perhaps explains why Zbiotics investors aren’t ready to shout all about it just yet. Even if they’re feeling great about not having a hangover.

“We’ve found different levels of success with different investors,” agrees Lamb. “Where we’ve found the most success is in investors who see the vision for the technology and understand it as something that is and can be truly innovative relative to what’s on the market today. So probiotics themselves — traditional probiotics —  are a $40BN industry, and the fact is that most of those probiotics don’t do anything or are inconsistent at best. So we found investors who have a mindset where they can see how a novel probiotic, something that actually is engineered to work and is based in a high level of biotech is something that can really disrupt that area. And that may or may not be traditional biotech investors. Oftentimes it’s investors who are really looking to push the envelope.

“We definitely had to find the right investor and the traditional biotech investor often is looking for different things than we had to offer,” adds Abbott. “And different pathways — more traditional pathways. We’re going not conventionally I think with bringing this hard biotech to market quickly. So it definitely is threading the needle and finding the right investors.”

25 Jul 2018

Facebook sees mixed Q2 earnings with slowest-ever growth, stock tanks

Facebook has hit a wall. The social network succumbed to the public backlash over its handling of fake news, privacy, and digital wellbeing to miss some of Wall Street’s estimates, showing mixed results in its Q2 2018 earnings. GDPR, Mark Zuckerberg’s testimony before congress, and more scandals appear to have contributed to Facebook’s weak user growth.

Facebook reached 2.23 billion monthly users, up just 1.54 percent, much slower than Q1’s 3.14 percent around where its growth rate has hovered for years. Facebook earned $13.23 billion in revenue, missing Thomson Reuters consensus estimates of $13.36 billion, but beat with $1.74 EPS compared to an estimated $1.72 EPS.

Daily active users hit 1.47 billion, up an especially low 1.44 percent percent compared to Q1’s 3.42 percent. For comparison, before now Facebook’s slowest quarter-over-quarter daily user growth rate was 2.18 percent in Q4 2017.

The stock market frowned heavily on the slow growth rates, pushing Facebook’s share price down over 7.5 percent in after-hours trading to around $200 per share. That’s down from $217.50 when the markets closed, but up from an immediate drop to $198 when the brutal earnings report was released.

The share price descent comes despite Facebook earning $5.106 billion in profit and revenue being up 42 percent year-over-year. Zuckerberg noted in the earnings release that “Our community and business continue to grow quickly”. And while that’s true if you’re looking year-over-year, Q2 could break that trend.

Facebook’s daily and monthly user counts were up 11 percent year-over-year, confirming that the momentum of its business is still overpowering its PR problems when you zoom out. And its DAU to MAU ratio held firm at 66 pecent, indicating that users are still visiting the site often. But the question for today’s earnings call will be whether time spent on the site has decreased significantly, dragging down revenue with it.

One tough spot for Facebook was that it got stuck at 241 million monthly US & Canada users, the same count as last quarter. After failing to grow in that core market in Q4 2017, it appears that Facebook finally has hit saturation at home after 14 years. And in Europe, Facebook lost 1 million users, sinking to 376 million monthlies. That could be sign that GDPR requirements and the annoying terms of service changes it had to get users to agree to deterred some from browsing.

Facebook still managed to boost its average revenue per user in all markets, growing from $23.59 to $25.91 in the US & Canada, showing its targeting continues to improve and competition for ads is strong. But the fact that it’s stopped growing at home could way heavily on its share price. Facebook will have to continue to invent more ways to squeeze dollars out of its existing users.

The quarter saw Facebook clamp down on APIs for developers in hopes of preventing another Cambridge Analytica style disaster. Its CEO faced tough days of questioning from congress over the privacy problem, alleged bias against conservatives, and its failure to protect the 2016 presidential election. Facebook has faced tough questioning from reporters about its approach to fake news and election interference. Facebook tried to redirect attention away from its troubles during its F8 conference that saw it announce plans for a dating feature.

But all the problems may be taking a toll on user engagement, leading to the revenue miss. Weak daily and monthly user growth should be a big concern, and will put even more pressure on Instagram to prop up the corporation.

For more recent Facebook news:

25 Jul 2018

Nextdoor CEO is stepping down

Nirav Tolia, CEO of Nextdoor, is stepping down from his role, Recode reports. For those unfamiliar with the company, Nextdoor is like a social network for your neighborhood. Though, over the years, there has been controversy around Nextdoor’s role in promoting racial profiling. Nextdoor later rolled out a new tool to address some of the issues around racial profiling.

In an email sent to the team today, Tolia said he’s starting to look for his replacement and once that happens, he will move into an active chairman role on the board, according to Recode.

Here’s a nugget from the email, obtained by Recode:

Yet as Nextdoor evolves, the role of the CEO needs to evolve as well. The size of our footprint is growing larger and our organization is growing more complex. The time is right to find the next CEO for Nextdoor. With our board of directors, I will be leading the search to recruit a proven operator who can take our company to the next level. We will take our time to find the right person, so this process will likely take several months. During that period, I will continue to lead as CEO. When the next CEO is selected, I will become Chair of the Board where I will continue doing whatever I can to help us succeed.

Nextdoor raised $75 million at a $1.5 billion valuation last December, followed by an expansion into France in January. I’ve reached out to Nextdoor and Tolia and will update this story if I hear back.

25 Jul 2018

Daimler deepens ties with China’s Baidu on automated driving

Daimler, the owner of the Mercedes-Benz brand, and China’s Baidu are expanding their partnership with plans to cooperate more closely on automated driving and connectivity services in the German automaker’s vehicles.

The two companies have signed an agreement to collaborate in these two areas, specifically with Baidu’s Apollo program, an open-source autonomous driving platform. Both companies said they will also work to explore new fields in vehicle connectivity services.

What this deeper relationship will produce isn’t entirely clear, although there is at least one component of the announcement that provides a bit more detail.  Baidu’s connectivity services will be integrated into Mercedes-Benz’s new infotainment system known as MBUX, Daimler said.

Daimler’s relationship with Baidu has strengthened as it has expanded its presence in China. Daimler was one of the first partners to join Apollo, which Baidu launched in April 2017. Daimler is also a member of the Apollo Committee, a group that wants to accelerate research on safer solutions in automated driving in China and promotes the drafting of related laws and regulations.

Daimler  was granted in July a license to test self-driving vehicles on public roads in Beijing, making it the first international automaker to receive such permission. The automaker was given the test permit by the Chinese government after extensive closed-course testing. Daimler said, at the time, that is marked an important milestone in its research and development efforts in China.

Baidu’s open source Apollo program reflects the Chinese search engine’s strategy to gaining a piece of the autonomous vehicle industry pie. Baidu isn’t interested in making the actual car — just the software that drives it.

Baidu has focused its effort on delivering services, like data and high-skilled computing. And it’s betting that its tech will help it become China’s leading developer of self-driving vehicles.

The goal, of course, is to persuade as many companies as possible to use its Apollo platform. Some 116 partners are now on the Apollo platform, including new partners Jaguar Land Rover, Valeo, Byton, Leopard Imaging and Suning Logistics. Daimler was one of the first.

Baidu unveiled an upgrade to the Apollo platform at its developer conference in July.  Apollo 3.0, as it’s being called, aims to better support autonomous driving in geo-fenced areas. It also includes new solutions to support valet parking, autonomous mini buses and autonomous microcars.

A previous update, announced in January at CES 2018, included support for new computing platforms, new reference vehicles and more HD mapping services.

25 Jul 2018

Tommy Hilfiger has launched a ridiculous line of smart clothing that rewards you for wearing it

Here comes more smart clothing nobody asked for. Fashion brand Tommy Hilfiger today announced the launch of a new line of men’s and women’s clothing, Tommy Jeans Xplore, which comes with smart-chip embedded technology. Unlike, say, Google’s Project Jacquard and its partnership with Levi’s, the goal is not to offer access to calls, texts, maps and music controls when you can’t get to your phone – like when you’re riding your bike, for example. Instead, Hilfiger’s smart clothing aims to reward you with points for wearing Hilfiger clothing. Yes, really.

It’s come to this, folks.

The line includes t-shirts, sweatshirts, hoodies, jeans, jackets, caps, and bags which pair with the Tommy Jeans Xplore (or “XPLORE” if you use their branding) iOS app over Bluetooth. Once paired, the idea is that users will compete in challenges in the app to earn points. You get points for things like how often you wear the clothes (!!!) and for walking around to find heart-shaped, Tommy-branded icons on the app’s map. (???)

The points can be translated into rewards, including gift cards, signed merchandise and pieces from the Tommy Hilfiger archives, among other things, the company says.

I guess doling out more Tommy Hilfiger merch to players makes sense because the only people who would spend $90 on smart sweatshirt just to play a marketing campaign’s idea of fun have got to be the most seriously devoted – nay, obsessed – Hilfiger fans.

But beyond that, Tommy’s smart clothes don’t make much sense for anyone.

Despite its use of smart technology – like the embedded Awear Solutions’ Bluetooth low energy smart tag – the company hasn’t actually innovated here. At best, it’s a loyalty program requiring customers to overspend in order to join.

Even the company seems to be aware of the line’s niche appeal, saying in its official announcement that its goal is to create a “micro-community of brand ambassadors.”

Yep, micro – as in really, really, really small.

The brand, however, is no stranger to experiments with new ideas and technology. But some of its prior developments have been less absurd – like testing the use of A.I. to forecast design trends, its smartwatches, or adaptive clothing for the disabled.

Smart clothing for the sake of smart clothing though?

Just no.

No.

No.

Stop.

No.

 

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25 Jul 2018

Android P’s final beta preview is live

Good news for people who like near-final previews of mobile operating systems. Android just dropped Beta 4 for Android P, marking the last preview milestone before the full version launches. That means the still unnamed OS is just around the corner — promised to arrive at some point later this summer.

As the all of the above implies, this build should be pretty close to final, including all of the systems you’ll see in the shipping version. The release is primarily focused on developers, looking to make sure their apps are up to date with Android P when it ships.

That includes a number of the new OS features, which will impact usage across apps, including multi-camera support, display cutout, enhanced notifications and ImageDecoder. More details on all of that can be found here.

Of course, the build is open to anyone who signs up for the Android Beta Program, so long as you also have access to a Pixel device to test it on — there’s a sign up form here. Those who have been testing out earlier builds should be receiving Beta 4 as an automatic update at some point in the near future.

No specific date has been given for the final build — just that it’s “coming soon.” Ditto for the name — though there’s no shortage of dessert foods starting with “P.” These days, I’m leaning toward Pop Rocks. But then, I’m kind of always leaning toward Pop Rocks. Hey, anyone know where a guy can get some Pop Rocks in 2018?

Anyway, more info here

25 Jul 2018

Dropbox add-on makes it easier to manage Gmail attachments

When Dropbox announced it was integrating its storage product with GSuite in March, it was more of a heads up that the two companies were working together. Today at Google Next, Dropbox announced a new add-on to manage Gmail attachments in Dropbox.

Ketan Nayak, a product manager at Dropbox says this is the first concrete piece to come out of that earlier announcement. “Back in March, we announced a broader partnership with Google to bring about integrations and product initiatives across a range of different Google Cloud products. And what we wanted to share with you today was that we’re bringing one of the first [pieces] in this product partnership, the Dropbox add-on for Gmail, to GA,” he said.

The partnership makes sense for the two companies as they share lots of overlapping users with more than 50 percent of Dropbox users also using G Suite. Being able to access Dropbox without leaving Gmail or other G Suite tool could potentially save users time and effort spent copying and pasting and switching programs.

Instead, there is a direct integration now that displays the attachments in a side panel after which you can save them if you so choose directly into your Dropbox, and the experience is the same in the mobile app or on the web, Nayak explained.

Dropbox displays the attachments in the email in a side panel for easy access. Photo: Dropbox

“We created this cross-browser, cross-platform solution that doesn’t exist today, especially on mobile, where a lot of our users live and work across these different tools. It’s been really hard for users to navigate in and out of different apps, and we really think of this add-on as a first step that enables users across our two platforms to start working more seamlessly,” Nayek explained.

Indeed, other integrations between products are already in the works including one that will allow users to insert a link to a file stored in Dropbox in an email without leaving the program. “Users can share and generate links to Dropbox content while composing an email,” he said. While that particular functionality isn’t ready yet, the company was demonstrating it on stage at Google Next today and it should be available soon.

Kayak says, these announcements are really just a starting point of what they hope will be a much more comprehensive set of integrations between the two company’s products in the future.

25 Jul 2018

Outvote hopes to flip elections by getting Democrats to text their friends

Outvote, a new Y Combinator-backed startup, wants to make grassroots-style campaigning easier and more personal, with the launch of an app that allows people to text their friends with reminders to vote. The idea is to take advantage of people’s willingness to use social sharing to communicate about political issues, while also leveraging the simplicity that comes with tweeting or posting to Facebook and turning that into an actionable reminder that can actually drive people to the polls during critical times.

The startup was founded by Naseem Makiya, a Harvard-educated software engineer with a background in startups, including San Francisco-based Moovweb and Cambridge area’s DataCamp; along with Nadeem Mazen, an MIT grad and interactive designer who once worked with OK GO on one of its viral music videos, and who now owns the Cambridge-based creative agency Nimblebot.

Mazen, who has since moved into an advisory role with Outvote, also has more direct political experience, having run for public office himself. In fact, he learned first-hand how every vote counts, having won his Cambridge City Council position in 2013 by just six votes.

He also attributed his second election win to organizing low propensity, minority and younger voters — plus “really doing a lot of texting and a lot of outreach through my friend networks,” says Mazen.

When Mazen’s time in politics ended, he then helped others get elected using similar means. Later, he and Makiya brought together a group of Harvard and MIT folks to formalize a company around the technology they were using. This became Outvote.

While today there are a lot of tools for voter outreach, many of those operated by well-known organizations, like MoveOn, for example, involve people opting in to receive texts from the group in question. Outvote is different because it’s a tool that helps individual voters reach out to their own personal acquaintances, family and friends.

“The way campaigns are run right now is most of the budget is spent on ads that are really low ROI — they have some effect on persuasion, but less effect on actual voter turnout,” explains Makiya. “With this effort, we’re trying to bring politics back to more of word-of-mouth and conversations between friends,” he says.

The team began working on the technology for Outvote last summer, and officially founded the company early this year.

While individuals are the app’s end users, they’re brought into the app by a campaign.

Users give the app permission to upload their phone’s contacts, which Outvote matches up with registered voter databases. That way, you’ll only be texting those who can actually go vote in your district. When the matching completes, the app has scripts that allow users to just click to text your friends a message from your own phone number.

In other words, it’s no longer a political campaign or organization bugging people to go vote via text — it’s a friend. If your friends have a problem with the unsolicited text, they’ll have to tell you.

The app also uses some sort of basic modeling to figure out who best to text, based on things like past voter history, whether that person tends to vote in the primaries, if they’re a registered Democrat and so on.

Oh, yes, that’s right — this app is built for Democratic campaigns only.

Outvote makes no apologies about the fact that it is a tool designed to help Democrats win back seats across the U.S., both on local and national levels.

“We think it’s really critical that Democrats begin to invest in and promote technology. The right is doing a much better job of investing in some of the niche technology,” says Mazen. “And, obviously, groups like Cambridge Analytica and folks have been, I would say, underhanded, in their use of technology,” he adds. “We have to work twice as hard to be twice as resolute, as a result.”

The company says it has turned down right-leaning independents and Republican campaigns that wanted to use its technology, and is instead piloting with around 50 Democratic campaigns at present. Campaigns will be charged a low monthly fee for using Outvote that will vary depending on their size. However, many of the pilot customers are using Outvote for free at this time.

The goal is to make Outvote far more affordable than the existing mass-texting services that charge as much as 30 cents per person per month, which can cost campaigns hundreds of thousands of dollars at scale. Outvote aims to be around 2 to 5 cents per text, it says.

For now, its focus is on raising awareness about the candidate and their issues, and getting people to the polls. It’s not offering the sort of “call your congressman”-style outreach efforts you’ll find in some other political apps.

Outvote is also partnered with The Movement Cooperative, Represent.Us, Flippable, the DNC, Vote.org and Swing Left, according to its website.

The startup is already reporting some early successes. When used last November, it found millennials contacted through Outvote were twice as likely to vote, while non-millennials were 50 percent more likely to vote. The company doesn’t have the data yet from how it’s been doing in the primaries, but says it’s been getting good feedback from the participating campaigns.

In addition to the Y Combinator backing, Outvote has raised $300,000 in seed funding from 2enable Partners ahead of Demo Day.

Outvote’s app is available on both iOS and Android.

25 Jul 2018

Apple touts iPhone gaming performance in new ad

Many people have talked about the performances of the new MacBook Pro over the past few days. But Apple focuses on the A11 Bionic chip in its new TV ad.

Named ‘Unleash’, this ad shows a young man walking down the streets of a Chinese city filled with Mobike and Ofo bikes. He’s playing a game on his phone, receiving text messages and watching a live stream on YouTube Gaming.

The game quickly becomes bigger than his phone. He fights monsters and virtual characters in the real world. The tagline says “Unleash a more powerful you”.

If you opened up the App Store today, you may have seen a promotion for Vainglory in the Today tab. That’s because this ad is all about Vainglory, a multiplayer game that works more or less like League of Legends or Dota 2.

Apple has been updating its system-on-a-chip every year to make it more performant. For the first time, Apple designed its own GPU with the A11 Bionic.

This is one of Apple’s competitive advantage against generic Android manufacturers. The company now has a clear advantage when it comes to benchmarks and gaming performance.