16 Feb 2018

Ontario’s Provincial Police reveal a Tesla Model X pursuit vehicle prototype

 Tesla’s Model X is arguably the best performing SUV you can buy, so it’s fitting that Canada’s Ontario Provincial Police would select it for a cruiser demonstration vehicle, revealed at this week’s Toronto international car show. The Tesla Model X, a P90D model, features full OPP badging and black and white paint, as well as working lights and sirens, but it’s… Read More
16 Feb 2018

Streaming service Fandor has a new COO and a new Chief Product Engineering Officer

 Fandor has expanded its executive team, promoting General Counsel and Chief Distribution Officer Felice Oper to the role of COO, and appointing TS Ramakrishnan as its Chief Product Engineering Officer. Oper joined the company in 2015, around the same time that Larry Aidem took over as CEO. Aidem, who previously worked with Oper at HBO, said that her role at Fandor has expanded organically,… Read More
16 Feb 2018

H-E-B acquires Texas-based on-demand company Favor

 H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco, Favor built a product… Read More
16 Feb 2018

ICO startups band together to create $100M+ grant fund for Ethereum projects

 In a first of its kind, half a dozen ICO companies have come together to collaborate on a new fund that promises to pay out more than $100 million to promising projects in the Ethereum crypto space. The vehicle — called the Ethereum Community Fund — will be supported by crypto projects Omise Go, Cosmos, Golem, Maker, and Raiden, with Japanese VC Global Brain also in tow. The door… Read More
16 Feb 2018

Equity podcast: Uber’s losing billions, Amazon lays off hundreds and somehow Instacart gets more money

 Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber, which is losing lots of money in Asia… Read More
16 Feb 2018

Yandex shows off the first tests of self-driving cars on Moscow roads

 Russian search and internet services giant Yandex has been working on its autonomous driving program, and its most recent achievement is a public self-driving pilot of its self-driving test car in Moscow, the first such test on public roads in the Russian capital. Yandex had an additional degree of difficulty to contend with, too: Their recent testing, which kicked off in December of last… Read More
16 Feb 2018

India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra

 India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder Greg Moran added that the round is still open and may be extended… Read More
16 Feb 2018

The Rise of the Rest seed fund announces its first group of investments

 The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150 million fund was launched in December by Steve Case and J.D. Vance, with backing from many of America’s most influential businesspeople, to support tech ecosystems outside of Silicon Valley, New… Read More
16 Feb 2018

The Rise of the Rest seed fund announces its first group of investments

 The Rise of the Rest seed fund’s first round of startup investments cover eight states that are usually overlooked by tech investors, including Kentucky, South Carolina and Ohio. The $150 million fund was launched in December by Steve Case and J.D. Vance, with backing from many of America’s most influential businesspeople, to support tech ecosystems outside of Silicon Valley, New… Read More
16 Feb 2018

Coinbase blames Visa for glitch that overcharged users

 While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be their fault. Earlier today reports started coming in across social media and reddit that Coinbase users were seeing strange charges on their credit and debit cards. Many of these were users being double-charged for a past transaction, although there were also some (unconfirmed)… Read More