Author: azeeadmin

16 May 2020

This Week in Apps: Houseparty battles Messenger, Telegram drops crypto plans, Instagram Lite is gone

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.

The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending 3 hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus.

In this Extra Crunch series, we help you keep up with the latest news from the world of apps, delivered on a weekly basis.

This week we’re continuing to look at how the coronavirus outbreak is impacting the world of mobile applications, including the latest news about COVID-19 apps, Facebook and Houseparty’s battle to dominate the online hangout, the game that everyone’s playing during quarantine, and more. We also look at the new allegations against TikTok, the demise of a popular “Lite” app, new apps offering parental controls, Telegram killing its crypto plans and many other stories, including a hefty load of funding and M&A.

Headlines

Contact tracing and COVID-19 apps in the news 

  • Global: WHO readies its coronavirus app for symptom-checking and possibly contact tracing. A WHO official told Reuters on Friday the new app will ask people about their symptoms and offer guidance on whether they may have COVID-19. Information on testing will be personalized to the user’s country. The organization is considering adding a Bluetooth-based, contact-tracing feature, too. A version of the app will launch globally, but individual countries will be able to use the underlying technology and add features to release their own versions. Engineers from Google and Microsoft have volunteered their time over the past few weeks to develop the app, which is available open-source on GitHub.
  • U.S.: Apple’s COVID-19 app, developed in partnership with the CDC, FEMA and the White House, received its first major update since its March debut. The new version includes recommendations for healthcare workers to align with CDC guidelines, best practices for quarantining if you’ve been exposed to COVID-19 and new information for pregnancy and newborns.
  • India: New Delhi’s contact-tracing app, Aarogya Setu, has reached 100 million users out of India’s total 450 million smartphone owners in 41 days after its release, despite privacy concerns. The app helps users self-assess if they caught COVID-19 by answering a series of questions and will alert them if they came into contact with someone who’s infected. The app has come under fire for how it stores user location data and logs the details for those reporting symptoms. The app is required to use Indian railways, which has boosted adoption.
  • Iceland: Iceland has one of the most-downloaded contact-tracing apps, with 38% of its population using it. But despite this, the country said it has not been a “game-changer” in terms of tracking the virus and only worked well when coupled with manual contact tracing — meaning phone calls that asked who someone had been in contact with. In addition, the low download rate indicates it may be difficult to get people to use these apps when they launch in larger markets.

Consumer advocacy groups say TikTok is still violating COPPA

16 May 2020

Watch live as ULA launches a secretive U.S. military spaceplane live for its sixth mission

On Saturday, the United Launch Alliance (ULA) is targeting a liftoff time of 8:24 AM EDT (5:24 AM PDT) for one of its Atlas V rockets carrying the U.S. Space Force’s X-37B orbital test vehicle, which is a fully autonomous winged spaceplane that looks a little like a scaled down version of the Space Shuttle .

This is the sixth mission for the X-37B, though it’s the first flown under the U.S. Space Force’s supervision, since the space plane was previously operated by the Air Force before the formation of the new wing of the U.S. armed forces.

The X-37B runs various missions for the U.S., though its specific aims are actually classified. The uncrewed test vehicle spends long periods on orbit circling the Earth while conducting these missions, with its longest mission to date being a record 780 days for its flight that landed on October 27.

Stay tuned for updates, as weather conditions could mean this launch gets pushed to a backup date.

16 May 2020

With pandemic-era acquisitions, big tech is back in the antitrust crosshairs

With many major sectors totally frozen and reeling from losses, tech’s biggest players are proving themselves to be the exception to the rule yet again. On Friday, Facebook confirmed its plans to buy Giphy, a popular gif search engine, in a deal believed to be worth $400 million.

Facebook has indicated it wants to forge new developer and content relationships for Giphy, but what the world’s largest social network really wants with the popular gif platform might be more than meets the eye. As Bloomberg and other outlets have suggested, it’s possible that Facebook really wants the company as a lens into how users engage with its competitors’ social platforms. Giphy’s gif search tools are currently integrated into a number of messaging platforms, including TikTok, Twitter and Apple’s iMessage.

In 2018, Facebook famously got into hot water over its use of a mobile app called Onavo, which gave the company a peek into mobile usage beyond Facebook’s own suite of apps—and violated Apple’s policies around data collection in the process. After that loophole closed, Facebook was so desperate for this kind of insight on the competition that it paid people—including teens—to sideload an app granting the company root access and allowing Facebook to view all of their mobile activity, as TechCrunch revealed last year.

For lawmakers and other regulatory powers, the Giphy buy could ring two separate sets of alarm bells: one for the further evidence of anti-competitive behavior stacking the deck in the tech industry and another for the deal’s potential consumer privacy implications.

“The Department of Justice or the Federal Trade Commission must investigate this proposed deal,” Minnesota Senator Amy Klobuchar said in a statement provided to TechCrunch. “Many companies, including some of Facebook’s rivals, rely on Giphy’s library of sharable content and other services, so I am very concerned about this proposed acquisition.”

In proposed legislation late last month, Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) called for a freeze on big mergers, warning that huge companies might view the pandemic as a chance to consolidate power by buying smaller businesses at fire sale rates.

In a statement, a spokesperson for Sen. Warren called the Facebook news “yet another example of a giant company using the pandemic to further consolidate power,” noting the company’s “history of privacy violations.”

“We need Senator Warren’s plan for a moratorium on large mergers during this crisis, and we need enforcers who will break up Big Tech,” the spokesperson said.

News of Facebook’s latest moves come just days after a Wall Street Journal report revealed that Uber is looking at buying Grubhub, the food delivery service it competes with directly through Uber Eats.

That news also raised eyebrows among pro-regulation lawmakers who’ve been looking to break up big tech. Rep. David Cicilline (D-RI), who chairs the House’s antitrust subcommittee, called that deal “a new low in pandemic profiteering.”

“This deal underscores the urgency for a merger moratorium, which I and several of my colleagues have been urging our caucus to support,” Cicilline said in a statement on the Grubhub acquisition.

The early days of the pandemic may have taken some of the antitrust attention off of tech’s biggest companies, but as the government and the American people fall into a rhythm during the coronavirus crisis, that’s unlikely to last. On Friday, the Wall Street Journal reported that the Department of Justice and a collection of state attorneys general are in the process of filing antitrust lawsuits against Google, with the case expected to hit in the summer months.

15 May 2020

Kevin Rose on health apps, crypto, and how founders get through this time with their sanity intact

Kevin Rose has been in the spotlight since cofounding the early social news aggregation site Digg in late 2004. A genial whiz kid turned serial entrepreneur, he has since become as well-known for launching a whole lot of slickly designed products, some of them out of his startup incubator Milk (later acquired by Google), and North, an incubator that would later lead him to a site for watch enthusiasts called Hodinkee in New York.

Along the way, Rose has been investing, at times as an angel, for several years as a partner with Google Ventures (now GV), and on behalf of True Ventures, which invited Rose to join as a venture partner three years ago — and where Rose more recently began writing checks as a full-time general partner.

How long it will last is anyone’s guess given Rose’s penchant for chasing the next. But we were able to catch up with him at his home in Portland, Ore., earlier this week to talk about who is managing his newest apps, why he is still bullish on crypto, and what advice he has for founders who might be struggling right now. Our chat has been edited for length.

TC: There has been some fascination over the years with your moves from West to East. Now you’re back on the West Coast in Portland.

I moved to Oregon a couple years ago. We came back to the West Coast from New York. We were going to have our first child, so we knew we wanted to be close to the family, and my family is all up here in Portland. The plan was just to come back, then bounce down to the Bay Area as needed. It’s an hour and 20-minute flight, so it’s really easy to get back down there. and there’s just so much so much to love about Portland.

I have to make a joke here about whether or not there are as many raccoons up there. I’ll never forget seeing footage of you throwing a raccoon off your dog years ago. We had a raccoon in San Francisco that was very determined to scratch our dog’s eyes out.

It’s no joke that there are actually a lot of dogs that are blind because they get in fights with raccoons, and the raccoons immediately go for the eyes. It was a really scary night.

How are you dealing with COVID-19?

I feel very fortunate in that my daily job is intact and I’m still able to back entrepreneurs and take those meetings. So it’s a very lucky position to be in. But, you know, it’s a scary time. We have two little girls and we have one nanny, and today our nanny came down with a fever, and we sent her home early [because] fevers are no joke these days, even a slight fever. It’s just a little unsettling.

How has sheltering-in-place affected how you’re investing with True?

There are a lot of great people out there right now who have free time to think of new ideas. Whereas I would have thought that on the investing side, there would be a slowdown, I’m still continuing to meet with great entrepreneurs that are coming up with their next big idea, and they’ve got the downtime and the extra cycles now to have that focus to really put in some time to build prototypes.  I would say if anything, [the rate at which I’m seeing companies] remains the same or is even a bit higher.

We’ve done a couple deals so far where we have never met the founders face to face, which is a first for us. But it’s all doable. I think you just spend more time on Zoom getting to know the people behind the camera prior to doing a deal.

Have you received any feedback from your LPs saying, ‘Why don’t you guys take a pause while we figure out how our portfolio is shaping up?’

No, we haven’t received any of that feedback. I think that they look at the instruction and the support that we’re giving our entrepreneurs.

One of the things that we do care a lot about is how we can help. We have over 300 different founders who we want to set up support systems and groups to help them get through this — not just financially but, you know, figuring out, for example, how to reopen responsibly. Like, how do you do that? What is the new norm? What does that look like? What are best practices that companies are putting into place?  So we’ve been really doubling down on our education component and creating these weekly gatherings where dozens of founders get together via Zoom and communicate how and what they’re doing.

In terms of going back to the office, what are you hearing from True’s startups?

We have entrepreneurs that have storefronts — like actual physical storefronts. We have others who have distributed teams by default, so for them, it’s work as usual, except for figuring out [how to manage] family life [at the same time]. So it’s all over the place, but I would say that most the people who I’ve had a conversation with are being more cautious. They’d rather kind of sit and wait things out a little bit.

You’ve bounced between founding and investing roles. You most recently founded the fasting app Zero and the meditation app Oak. What’s happening with both of these? 

I had a friend of mine, Mike Maser, who I’d worked with before —  we worked together at Digg —  and he actually created a [fitness coaching app] called Fitstar that he sold to Fitbit, so he was really into health and fitness. Then Mike was diagnosed with stage 4 non-Hodgkins lymphoma a little over five years ago, and as part of his treatment with chemotherapy, he was prescribed intermittent fasting; they’re doing fasting now in conjunction with chemo to help the outcomes.

Mike was able to beat back cancer. He is now five years cancer free, which is amazing. And he’s a fantastic CEO and was the perfect person to take on the project and run with it, because it really started growing so fast. Zero now is adding 25,000 new users a day at zero paid acquisition. Millions of people use it a month. And it’s gotten to the stage where it needed someone who could just focus on it full time and build out a team around it.

Mike created [a holding company called] Big Sky Health with that app along with Oak, my meditation app, and he has also launched a third app called Less that’s about tracking your alcohol consumption and being more mindful about the number of drinks you’re consuming week over week and month over month.

That sounds timely, considering that a lot of people are seemingly wrestling with developing alcohol problems at this strange moment in time.

It’s a real thing. For anyone who likes to drink casually and socially, being cramped up indoors and especially with all of the stress around the things that are happening in the world and your savings accounts and your family and friends . . . unfortunately, it can be a trigger for people to consume more alcohol.

I also wanted to talk to you about cryptocurrency, which is now re-entering the mainstream business conversation, with Andreessen Horowitz having just closed its second crypto-focused fund and this Bitcoin halving event. Is it something you’re tracking closely still?

Yeah, it’s something where I have a personal passion . . . I believe that it is still extremely difficult and not mainstream enough to be used as a currency.

That said, I do believe that there’s no doubt that the future of currency is digital. If you had to create a brand new country today, you wouldn’t go out and start buying printing presses to create your currency; you would issue something digitally. So there will be something that comes into existence that is spendable and easy to understand and is based on some type of blockchain technology. Like, there is no doubt that will be the case. The problem is that 99% of the projects out there and a lot of the people who are behind them are just in this for the pure financial gain. And there’s a lot of garbage out there. And that’s unfortunate because it really drags down the high-quality projects, and it muddies the space quite a bit.

As a partner earlier on with Google’s venture arm, you led an investment in Ripple, which has grown controversial, in part because the cofounder has sold some of his shares and because CEO Brad Garlinghouse has sold some of his shares. It’s also not being used as the company intended. What do you think of what XRP has become and its utility in the future?

When I invested in Ripple, it would have been seven years ago, something like that. But Brad was not running the company. There was a different CEO. The original founders were all still in place. There was a very different world when Ripple was first getting off the ground. And the excitement that I had around Ripple was that cryptocurrency was so raw; there was no way for the enterprise to embrace it in any fashion.

Early Ripple reminded me of a company that could come in, put some standards in place, and have these uptime guarantees and work with commercial banks and create a backbone that was based on blockchain. So that was very exciting. I never really saw the use case for Ripple as a currency. I understood that it was going to be used as a way to handle settlement in some capacity. It’s been quite a few years since I was with Google Ventures and I haven’t tracked it closely but those many years ago, the excitement was around creating something that commercial banks could understand and get comfortable with, because they weren’t comfortable with just random blockchain technology created by anonymous founders.

Do you think the number of cryptocurrencies needs to shrink before the cryptocurrency can be accepted in a more mainstream way, or is it possible for all these cryptocurrencies to survive ad infinitum?

It’s early days. I think that  this is going to be a space that will continue to mature over the next couple of decades. There’s a good chance you won’t even know you’re using cryptocurrency. I could see something like a Square Cash moving to some type of stablecoin underneath the covers, to where we’re still using it today, and it’s connected to our bank accounts, and all of a sudden, all the settlements are happening on the blockchain. Things like that will most likely happen in a really simple and easy-to-use interface by a very trusted brand.

I noticed you tweeting the other day about the next iteration of Epic Game’s game engine, which will support VR. Talking about technologies that have gotten a lot of attention but are farther out than anticipated a year or two ago . . .

Yeah, it’s gonna be in the new PlayStation, and the new Xbox. It’s beautiful.

Is VR something that now interests you as an investor?

I got a lot of flack from people because I did a blog post five years ago or so that said I thought the VR was a joke and [I was] basically dismissive of it, and I’ve avoided it altogether.

I don’t want to piss off people [but] It reminds me of when we all got the Nintendo Wii and we had so much fun swinging around the controllers and playing virtual tennis with each other. And then, after a couple weeks, the controllers just ended up in the drawer. You throw on a VR headset, you’re like, ‘Whoa, this is crazy.’ And then you get a little nauseous or get a little sweaty, and all of a sudden, you’re like, ‘I’m just kind of sticky and no one else can see what I was doing, and I look a little awkward.’

I don’t think we should abandon it altogether. I’m not a hater, but look what happened: we went into straight-up lockdown. It was the best possible time for VR sales to go through the roof. And what happened? The Nintendo Switch sold out.

Any advice for founders given that you’ve enjoyed extreme highs and some lows in your own career?

If there’s anything that I’ve learned as an entrepreneur it would be, number one, to seek out mentors and people that you can have an open and honest conversation — and hopefully those should be your investors, as well.

Some of my biggest mistakes [tied to] not admitting that I didn’t know something. I was scared, I thought it was weakness, like, ‘Gosh, they put me on the cover of Businessweek; I should know how to do X, Y or Z.’

But we’re all learning constantly, and that should never end. I’m a big advocate of lifelong learning and admitting when you’re wrong. Admitting that you don’t know something is just actually growing.

There’s also no shame in shutting something down. Some people won’t get through this, and they’ll have to start something new. You know, I’ve had many failed companies, tried a bunch of crazy stuff, but if you flip things a bit, that’s the excitement of this all. We’ve got this life to live and we’re going to die soon. Why not go try a bunch of crazy ideas and then [if it doesn’t work] it’s okay to cut bait sometimes and say, ‘I’m done’ and just move on to the next thing

15 May 2020

Kevin Rose on health apps, crypto, and how founders get through this time with their sanity intact

Kevin Rose has been in the spotlight since cofounding the early social news aggregation site Digg in late 2004. A genial whiz kid turned serial entrepreneur, he has since become as well-known for launching a whole lot of slickly designed products, some of them out of his startup incubator Milk (later acquired by Google), and North, an incubator that would later lead him to a site for watch enthusiasts called Hodinkee in New York.

Along the way, Rose has been investing, at times as an angel, for several years as a partner with Google Ventures (now GV), and on behalf of True Ventures, which invited Rose to join as a venture partner three years ago — and where Rose more recently began writing checks as a full-time general partner.

How long it will last is anyone’s guess given Rose’s penchant for chasing the next. But we were able to catch up with him at his home in Portland, Ore., earlier this week to talk about who is managing his newest apps, why he is still bullish on crypto, and what advice he has for founders who might be struggling right now. Our chat has been edited for length.

TC: There has been some fascination over the years with your moves from West to East. Now you’re back on the West Coast in Portland.

I moved to Oregon a couple years ago. We came back to the West Coast from New York. We were going to have our first child, so we knew we wanted to be close to the family, and my family is all up here in Portland. The plan was just to come back, then bounce down to the Bay Area as needed. It’s an hour and 20-minute flight, so it’s really easy to get back down there. and there’s just so much so much to love about Portland.

I have to make a joke here about whether or not there are as many raccoons up there. I’ll never forget seeing footage of you throwing a raccoon off your dog years ago. We had a raccoon in San Francisco that was very determined to scratch our dog’s eyes out.

It’s no joke that there are actually a lot of dogs that are blind because they get in fights with raccoons, and the raccoons immediately go for the eyes. It was a really scary night.

How are you dealing with COVID-19?

I feel very fortunate in that my daily job is intact and I’m still able to back entrepreneurs and take those meetings. So it’s a very lucky position to be in. But, you know, it’s a scary time. We have two little girls and we have one nanny, and today our nanny came down with a fever, and we sent her home early [because] fevers are no joke these days, even a slight fever. It’s just a little unsettling.

How has sheltering-in-place affected how you’re investing with True?

There are a lot of great people out there right now who have free time to think of new ideas. Whereas I would have thought that on the investing side, there would be a slowdown, I’m still continuing to meet with great entrepreneurs that are coming up with their next big idea, and they’ve got the downtime and the extra cycles now to have that focus to really put in some time to build prototypes.  I would say if anything, [the rate at which I’m seeing companies] remains the same or is even a bit higher.

We’ve done a couple deals so far where we have never met the founders face to face, which is a first for us. But it’s all doable. I think you just spend more time on Zoom getting to know the people behind the camera prior to doing a deal.

Have you received any feedback from your LPs saying, ‘Why don’t you guys take a pause while we figure out how our portfolio is shaping up?’

No, we haven’t received any of that feedback. I think that they look at the instruction and the support that we’re giving our entrepreneurs.

One of the things that we do care a lot about is how we can help. We have over 300 different founders who we want to set up support systems and groups to help them get through this — not just financially but, you know, figuring out, for example, how to reopen responsibly. Like, how do you do that? What is the new norm? What does that look like? What are best practices that companies are putting into place?  So we’ve been really doubling down on our education component and creating these weekly gatherings where dozens of founders get together via Zoom and communicate how and what they’re doing.

In terms of going back to the office, what are you hearing from True’s startups?

We have entrepreneurs that have storefronts — like actual physical storefronts. We have others who have distributed teams by default, so for them, it’s work as usual, except for figuring out [how to manage] family life [at the same time]. So it’s all over the place, but I would say that most the people who I’ve had a conversation with are being more cautious. They’d rather kind of sit and wait things out a little bit.

You’ve bounced between founding and investing roles. You most recently founded the fasting app Zero and the meditation app Oak. What’s happening with both of these? 

I had a friend of mine, Mike Maser, who I’d worked with before —  we worked together at Digg —  and he actually created a [fitness coaching app] called Fitstar that he sold to Fitbit, so he was really into health and fitness. Then Mike was diagnosed with stage 4 non-Hodgkins lymphoma a little over five years ago, and as part of his treatment with chemotherapy, he was prescribed intermittent fasting; they’re doing fasting now in conjunction with chemo to help the outcomes.

Mike was able to beat back cancer. He is now five years cancer free, which is amazing. And he’s a fantastic CEO and was the perfect person to take on the project and run with it, because it really started growing so fast. Zero now is adding 25,000 new users a day at zero paid acquisition. Millions of people use it a month. And it’s gotten to the stage where it needed someone who could just focus on it full time and build out a team around it.

Mike created [a holding company called] Big Sky Health with that app along with Oak, my meditation app, and he has also launched a third app called Less that’s about tracking your alcohol consumption and being more mindful about the number of drinks you’re consuming week over week and month over month.

That sounds timely, considering that a lot of people are seemingly wrestling with developing alcohol problems at this strange moment in time.

It’s a real thing. For anyone who likes to drink casually and socially, being cramped up indoors and especially with all of the stress around the things that are happening in the world and your savings accounts and your family and friends . . . unfortunately, it can be a trigger for people to consume more alcohol.

I also wanted to talk to you about cryptocurrency, which is now re-entering the mainstream business conversation, with Andreessen Horowitz having just closed its second crypto-focused fund and this Bitcoin halving event. Is it something you’re tracking closely still?

Yeah, it’s something where I have a personal passion . . . I believe that it is still extremely difficult and not mainstream enough to be used as a currency.

That said, I do believe that there’s no doubt that the future of currency is digital. If you had to create a brand new country today, you wouldn’t go out and start buying printing presses to create your currency; you would issue something digitally. So there will be something that comes into existence that is spendable and easy to understand and is based on some type of blockchain technology. Like, there is no doubt that will be the case. The problem is that 99% of the projects out there and a lot of the people who are behind them are just in this for the pure financial gain. And there’s a lot of garbage out there. And that’s unfortunate because it really drags down the high-quality projects, and it muddies the space quite a bit.

As a partner earlier on with Google’s venture arm, you led an investment in Ripple, which has grown controversial, in part because the cofounder has sold some of his shares and because CEO Brad Garlinghouse has sold some of his shares. It’s also not being used as the company intended. What do you think of what XRP has become and its utility in the future?

When I invested in Ripple, it would have been seven years ago, something like that. But Brad was not running the company. There was a different CEO. The original founders were all still in place. There was a very different world when Ripple was first getting off the ground. And the excitement that I had around Ripple was that cryptocurrency was so raw; there was no way for the enterprise to embrace it in any fashion.

Early Ripple reminded me of a company that could come in, put some standards in place, and have these uptime guarantees and work with commercial banks and create a backbone that was based on blockchain. So that was very exciting. I never really saw the use case for Ripple as a currency. I understood that it was going to be used as a way to handle settlement in some capacity. It’s been quite a few years since I was with Google Ventures and I haven’t tracked it closely but those many years ago, the excitement was around creating something that commercial banks could understand and get comfortable with, because they weren’t comfortable with just random blockchain technology created by anonymous founders.

Do you think the number of cryptocurrencies needs to shrink before the cryptocurrency can be accepted in a more mainstream way, or is it possible for all these cryptocurrencies to survive ad infinitum?

It’s early days. I think that  this is going to be a space that will continue to mature over the next couple of decades. There’s a good chance you won’t even know you’re using cryptocurrency. I could see something like a Square Cash moving to some type of stablecoin underneath the covers, to where we’re still using it today, and it’s connected to our bank accounts, and all of a sudden, all the settlements are happening on the blockchain. Things like that will most likely happen in a really simple and easy-to-use interface by a very trusted brand.

I noticed you tweeting the other day about the next iteration of Epic Game’s game engine, which will support VR. Talking about technologies that have gotten a lot of attention but are farther out than anticipated a year or two ago . . .

Yeah, it’s gonna be in the new PlayStation, and the new Xbox. It’s beautiful.

Is VR something that now interests you as an investor?

I got a lot of flack from people because I did a blog post five years ago or so that said I thought the VR was a joke and [I was] basically dismissive of it, and I’ve avoided it altogether.

I don’t want to piss off people [but] It reminds me of when we all got the Nintendo Wii and we had so much fun swinging around the controllers and playing virtual tennis with each other. And then, after a couple weeks, the controllers just ended up in the drawer. You throw on a VR headset, you’re like, ‘Whoa, this is crazy.’ And then you get a little nauseous or get a little sweaty, and all of a sudden, you’re like, ‘I’m just kind of sticky and no one else can see what I was doing, and I look a little awkward.’

I don’t think we should abandon it altogether. I’m not a hater, but look what happened: we went into straight-up lockdown. It was the best possible time for VR sales to go through the roof. And what happened? The Nintendo Switch sold out.

Any advice for founders given that you’ve enjoyed extreme highs and some lows in your own career?

If there’s anything that I’ve learned as an entrepreneur it would be, number one, to seek out mentors and people that you can have an open and honest conversation — and hopefully those should be your investors, as well.

Some of my biggest mistakes [tied to] not admitting that I didn’t know something. I was scared, I thought it was weakness, like, ‘Gosh, they put me on the cover of Businessweek; I should know how to do X, Y or Z.’

But we’re all learning constantly, and that should never end. I’m a big advocate of lifelong learning and admitting when you’re wrong. Admitting that you don’t know something is just actually growing.

There’s also no shame in shutting something down. Some people won’t get through this, and they’ll have to start something new. You know, I’ve had many failed companies, tried a bunch of crazy stuff, but if you flip things a bit, that’s the excitement of this all. We’ve got this life to live and we’re going to die soon. Why not go try a bunch of crazy ideas and then [if it doesn’t work] it’s okay to cut bait sometimes and say, ‘I’m done’ and just move on to the next thing

15 May 2020

NASA’s ‘Artemis Accords’ set forth new and old rules for outer space cooperation

NASA’s plan to return to the Moon is ambitious enough on its own, but the agency is aiming to modernize international cooperation in space in the process. Today it published a summary of the “Artemis Accords,” a new set of voluntary guidelines that partner nations and organizations are invited to join to advance the cause of exploration and industry globally.

Having no national affiliation or sovereignty of its own, space is by definition lawless. So these are not so much space laws as shared priorities given reasonably solid form. Many nations already take part in a variety of agreements and treaties, but the progress of space exploration (and soon, colonization and mining, among other things) has outpaced much of that structure. A fresh coat of paint is overdue and NASA has decided to take up the brush.

The Artemis Accords both reiterate the importance of those old rules and conventions and introduce a handful of new ones. They are only described in general today, as the specifics will likely need to be hashed out in shared talks over months or years.

The NASA statement describing the rules and the reasoning behind each is short and obviously meant to be understood by a lay audience, so you can read through it here. But I’ve condensed the main points into bullets below for more streamlined consumption.

First, the rules that could be considered new. NASA and partner nations agree to:

  • Publicly describe policies and plans in a transparent manner.
  • Publicly provide location and general nature of operations to create ‘Safety Zones’ and avoid conflicts.
  • Use international open standards, develop new such standards if necessary, and support interoperability as far as is practical.
  • Release scientific data publicly in a full and timely manner.
  • Protect sites and artifacts with historic value. (For example, Apollo program landing sites, which have no real lawful protection.)
  • Plan for the mitigation of orbital debris, including safe and timely disposal of end-of-life spacecraft.

As you can imagine, each of these opens a new can of worms — what constitutes transparent? What operations must be disclosed, and under what timeline? Who determines what has “historic value”?

Anything arguable will be argued over for a long time, but setting some baseline expectations like “don’t be secretive,” or “don’t steal the Apollo 13 lander” is a great place to start the conversation.

Meanwhile, the Accords also reaffirm NASA’s commitment to existing treaties and guidelines. It and partners will:

  • Conduct all activities only for peaceful purposes, per the Outer Space Treaty.
  • Take all reasonable steps to render assistance to astronauts in distress, per the Agreement on the Rescue of Astronauts and other agreements.
  • Register objects sent into space, per the Registration Convention.
  • Perform space resource extraction and utilization according to the Outer Space Treaty Articles II, VI, and XI.
  • Inform partner nations regarding “safety zones” and coordinate according to Outer Space Treaty Article IX.
  • Mitigate debris per guidelines set by U.N Committee on the Peaceful Uses of Outer Space.

The Artemis program aims to put the next American man and the first woman on the surface of the moon in 2024, though that timeline is looking increasingly unlikely. The mission will lean on private launch providers and other commercial partners to an unprecedented degree in an effort to reduce costs and delays while maintaining the necessary levels of reliability and safety.

15 May 2020

NASA’s ‘Artemis Accords’ set forth new and old rules for outer space cooperation

NASA’s plan to return to the Moon is ambitious enough on its own, but the agency is aiming to modernize international cooperation in space in the process. Today it published a summary of the “Artemis Accords,” a new set of voluntary guidelines that partner nations and organizations are invited to join to advance the cause of exploration and industry globally.

Having no national affiliation or sovereignty of its own, space is by definition lawless. So these are not so much space laws as shared priorities given reasonably solid form. Many nations already take part in a variety of agreements and treaties, but the progress of space exploration (and soon, colonization and mining, among other things) has outpaced much of that structure. A fresh coat of paint is overdue and NASA has decided to take up the brush.

The Artemis Accords both reiterate the importance of those old rules and conventions and introduce a handful of new ones. They are only described in general today, as the specifics will likely need to be hashed out in shared talks over months or years.

The NASA statement describing the rules and the reasoning behind each is short and obviously meant to be understood by a lay audience, so you can read through it here. But I’ve condensed the main points into bullets below for more streamlined consumption.

First, the rules that could be considered new. NASA and partner nations agree to:

  • Publicly describe policies and plans in a transparent manner.
  • Publicly provide location and general nature of operations to create ‘Safety Zones’ and avoid conflicts.
  • Use international open standards, develop new such standards if necessary, and support interoperability as far as is practical.
  • Release scientific data publicly in a full and timely manner.
  • Protect sites and artifacts with historic value. (For example, Apollo program landing sites, which have no real lawful protection.)
  • Plan for the mitigation of orbital debris, including safe and timely disposal of end-of-life spacecraft.

As you can imagine, each of these opens a new can of worms — what constitutes transparent? What operations must be disclosed, and under what timeline? Who determines what has “historic value”?

Anything arguable will be argued over for a long time, but setting some baseline expectations like “don’t be secretive,” or “don’t steal the Apollo 13 lander” is a great place to start the conversation.

Meanwhile, the Accords also reaffirm NASA’s commitment to existing treaties and guidelines. It and partners will:

  • Conduct all activities only for peaceful purposes, per the Outer Space Treaty.
  • Take all reasonable steps to render assistance to astronauts in distress, per the Agreement on the Rescue of Astronauts and other agreements.
  • Register objects sent into space, per the Registration Convention.
  • Perform space resource extraction and utilization according to the Outer Space Treaty Articles II, VI, and XI.
  • Inform partner nations regarding “safety zones” and coordinate according to Outer Space Treaty Article IX.
  • Mitigate debris per guidelines set by U.N Committee on the Peaceful Uses of Outer Space.

The Artemis program aims to put the next American man and the first woman on the surface of the moon in 2024, though that timeline is looking increasingly unlikely. The mission will lean on private launch providers and other commercial partners to an unprecedented degree in an effort to reduce costs and delays while maintaining the necessary levels of reliability and safety.

15 May 2020

Tesla scouts head to Tulsa, Austin as hunt for Cybertruck gigafactory location nears end

Tesla officials visited two sites in Tulsa, Oklahoma this week to search for a possible location for its future and fifth gigafactory, according to a source familiar with the situation.

Company representatives have also visited Austin and Nashville as potential sites for a factory that will produce its all-electric Cybertruck and Model Y crossover.  A final decision has not been, according to the source. The AP also reported Tulsa and Austin has possible picks.

Tesla expects to make a decision as soon as next month, and definitely within the next three months, CEO Elon Musk said April 29 during the company’s first quarter earnings call.

Musk tweeted in March that Tesla was scouting locations for a so-called “Cybertruck Gigafactory.” Musk said the factory would be located in the central part of the U.S. and would be used to produce Model Y crossovers for the East Coast market as well as the cybertruck.

An email was sent to Tesla requesting comment. The article will be updated if Tesla responds.

This next gigafactory, wherever it is located, will likely be larger and produce multiple products, CFO Zachary Kirkhorn said during the same April 29 call.

“That’s under a belief that there’s significant efficiencies by having as much as possible and similar product lines under the same roof and as much vertical integration as possible all in one facility,” Kirkhorn said.

Musk has referred to these as future plants as “tera” factories — a nod to terawatt, or more specifically a terawatt-hour of battery capacity. The company’s first “gigafactory” is in Sparks, Nevada. The massive structure, which has surpassed. 1.9 million square feet, is where Tesla produces battery packs and electric motors for its Model 3 vehicles. The company has a joint venture with Panasonic,  which is making the lithium-ion cells.

Tesla dubbed the Sparks plant a “gigafactory” because the company said at the time it would be capable of producing 35 gigawatt-hours per year of cells

Tesla assembles its Model S, Model X and Model 3 vehicles in Fremont, Calif. at a factory that was once home to GM and Toyota’s New United Motor Manufacturing Inc (NUMMI) operation. Tesla acquired the factory in 2010. The first Model S was produced at the factory in June 2012.

“Gigafactory 2” in Buffalo, New York, is where Tesla produces solar cells and modules. The company’s third gigafactory is located in Shanghai, China and started producing the Model 3 late last year. The first deliveries began in early January.

Tesla is now preparing to build another factory near Berlin. Once complete, this German factory will produce the Model 3 and Model Y for the European market.

15 May 2020

CBS All Access greenlights ‘Strange New Worlds,’ a new Star Trek series about Pike and Spock

CBS All Access isn’t done launching new Star Trek shows.

After bringing the franchise back to TV with “Star Trek: Discovery” in 2017, then revisiting some beloved characters with “Star Trek: Picard” earlier this year, the streaming service has placed a straight-to-series order for “Star Trek: Strange New Worlds,” which will depict the early days of the Enterprise, before Captain Kirk took command.

We already got a glimpse of that in the second season of “Discovery,” which saw Captain Christopher Pike (Anson Mount) and a young Spock (Ethan Peck) join the cast — but they left Discovery and returned to the Enterprise at the season’s end, in what felt like an obvious set-up for a spinoff.

“Strange New Worlds” will star Mount and Peck, along with “Discovery” guest star Rebecca Romijn as Number One. The premiere will be written by Akiva Goldsman (also a writer and director on “Discovery” and “Picard”), with a story by Goldsman, Alex Kurtzman and Jenny Lumet.

“This is a dream come true, literally,” Goldsman said in a statement. “I have imagined myself on the bridge of the Enterprise since the early 1970s. I’m honored to be a part of this continuing journey along with Alex, [executive producer] Henry [Alonso Myers] and the fine folks at CBS.”

Until now, CBS All Access has been distinguished primarily for its willingness to greenlight a range of Star Trek spinoffs — it’s also developing an animated series called “Star Trek: Lower Decks”, along with a show focused on Michelle Yeoh’s Philippa Georgiou and the nefarious Section 31.

This summer, the newly re-merged ViacomCBS plans to launch a rebranded version of the streaming service, drawing on content from across ViacomCBS brands like Nickelodeon, MTV, BET, Comedy Central, Smithsonian and Paramount. But it still looks like Star Trek will remain a big part of that mix.

There’s no release date announced for “Strange New Worlds.” After all, it may be a while before any show can resume production.