Year: 2018

01 Feb 2018

A new study of Airbnb paints an ugly picture of the company’s impact on New York City housing

 For anyone who knows their city well, it’s easy to see that the short-term rental boom spurred by Airbnb’s massive popularity is changing things. Figuring out what exactly is changing and how quickly is trickier. In New York, those changes are have kept Airbnb and city regulators engaged in a multi-year war over what’s really good for the city. A new deep dive into the… Read More
01 Feb 2018

SpaceX’s rocket booster survived descent despite no landing attempt

 SpaceX flew a mission today that didn’t include a controlled recovery attempt of the Falcon 9 booster involved in the launch. Even still, the first stage survived the return to Earth pretty much intact, and the company will now try to recover it from the Atlantic Ocean to see what kind of shape it’s in. This rocket was meant to test very high retrothrust landing in water so it… Read More
01 Feb 2018

Mobile delivers high exit multiples despite broader market slowdown

 In the world of mobile apps, numbers come in two sizes: big and bigger. More than one billion people use Facebook’s mobile app every day. But what about the financial side of the mobile business; specifically, venture investment and returns? By looking at the numbers behind two different ends of the startup life cycle, a reasonable understanding of the mobile market today can be had. Read More
31 Jan 2018

Watch what it actually looks like when CRISPR snips a strand of DNA

 The CRISPR-Cas9 gene-editing technique is an important concept to know about in these days of biotech advances, but it can be pretty difficult to visualize properly. Is it really like molecular scissors? Where does the DNA go? Is it a big molecule or a small one? Fortunately a group has created a 3D animation of the process that shows it at the molecular level. Read More
31 Jan 2018

Equifax launches its credit locking app and extends free credit freezes through June

 Today was supposed to be the deadline for Equifax’s free credit freeze offering, but the company has decided to extend the service to consumers for another five months. Now, Equifax customers can request a credit freeze through June 30. Still, January 31 is the last day to cash in on free credit monitoring through Equifax’s TrustedID Premier program, assuming you still trust the… Read More
31 Jan 2018

Engine Biosciences raises $10 million in Southeast Asia’s largest institutional seed round

 Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The round was co-led by Danhua… Read More
31 Jan 2018

Engine Biosciences raises $10 million in Southeast Asia’s largest institutional seed round

 Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The round was co-led by Danhua… Read More
31 Jan 2018

Pandora is laying off about 5 percent of workforce

 Streaming music service Pandora is laying off about five percent of its employee base and taking “other cost-saving measures” in an attempt to save about $45 million annually. According to Pandora’s 8-K filing, employees were notified today of the plan and the company expects the staff reduction to be complete by the end of Q1 2018. This is all part of an… Read More
31 Jan 2018

Soraa’s new light bulbs skip the smart home and focus on the science of the color spectrum

 Everyone’s trying to build a better light bulb. These days, that means things like adjustable colors and smart home connectivity. Bay Area startup Soraa is skipping all the noise for the moment, instead making color its primary focus. For five years, the company’s been producing products for places like art galleries and hotels, where color balance is a big part of the experience. Read More