posted less than an hour ago on techmeme
Lizette Chapman / Bloomberg: Palantir wins a one year $111M contract to connect US Army's operations systems into a single dashboard; Palantir reportedly took over Project Maven  —  - Company beats Microsoft, Ernst & Young, Accenture, Deloitte  — Peter Thiel-backed company is also working on Project Maven

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posted about 3 hours ago on techmeme
Reuters: Argo AI CEO says the company plans to charge per mile for using its autonomous tech in commercial vehicles; sources: Ford and VW each own around 40% of Argo AI  —  PITTSBURGH/DETROIT (Reuters) - Sky's the limit optimism about self-driving cars is giving way to tougher questions …

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posted about 5 hours ago on techmeme
Tom Simonite / Wired: Researchers: deep learning, which led to great advances in AI over the past decade, is nearing its limits and new approaches are needed for further progress  —  Leaders in artificial intelligence warn that progress is slowing, big challenges remain, and simply throwing more computers at a problem isn't sustainable.

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posted about 9 hours ago on techmeme
The Economic Times: Flipkart and Walmart invest in Ninjacart, a Bangalore-based fresh produce supply chain startup; sources had said earlier that Walmart could invest up to $50M  —  India's largest online retailer, Flipkart, and its US-based parent entity Walmart have jointly invested an undisclosed sum …

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posted about 14 hours ago on techmeme
BuzzFeed News: Distracted Boyfriend, Blinking White Guy, Pepe the Frog, and more: a rundown of 100 influential memes from the 2010s  —  100. Yodeling Walmart Kid  —  99. Moth Memes 98. VSCO Girls  —  Every generation has its subcultures, and in 2019, Gen Z's was undoubtedly VSCO girls.

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posted about 14 hours ago on techmeme
Paul Sawers / VentureBeat: Airbnb rival WhyHotel, which operates temporary hotels out of unrented luxury apartment buildings, raises $20M Series B, bringing total raised to $35M  —  Airbnb has emerged as the single greatest disruptor of the $500 billion hotel industry over the past decade.

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posted about 16 hours ago on techmeme
Michael Hytha / Bloomberg: China-based autonomous air taxi company EHang closed at $12.49 in its first day of trading on Thursday, down one cent from its US IPO price after raising $40M  —  EHang Holdings Ltd., one of several companies seeking to commercialize autonomous taxi aircraft, closed its first day of trading …

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posted about 16 hours ago on techmeme
Michelai Graham / Technical.ly DC: Arcadia, an app that can help US consumers lower their electricity bills by connecting their accounts to clean energy options, raises $30M Series C led by G2VP  —  D.C.-based Arcadia has closed a $30 million Series C funding round.  —  The renewable energy tech company …

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posted about 17 hours ago on techmeme
Business Wire: Imply, a real-time analytics company, raises $30M in funding led by Andreessen Horowitz's Late Stage Venture Fund, bringing its total funding to $45.3M  —  Andreessen Horowitz-backed firm plans to aggressively expand as demand for Apache Druid (incubating) - based solution grows

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posted about 19 hours ago on techmeme
Manish Singh / TechCrunch: Carsome, a Malaysia-based marketplace for trading used cars, raises $50M Series C from MUFG Innovation Partners and others to grow in Southeast Asian markets  —  Carsome, a Malaysia-based marketplace for trading used cars, has closed a new $50 million financing round to fend off its rivals …

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posted about 20 hours ago on techmeme
Jonathan Vanian / Fortune: Q&A with Cisco CEO Chuck Robbins about its new business line - standalone networking chips to win big datacenter clients like Facebook and Microsoft  —  Cisco is best known for selling routers and switches, but now the networking giant is expanding into the highly-competitive business of selling computer chips.

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posted about 22 hours ago on techmeme
New Orleans Times-Picayune: New Orleans declares state of emergency, shuts down its network after a ransomware attack on Friday, says it had found no signs that data was lost in the attack  —  Collin Arnold, the Director of the Office of Homeland Security and Emergency Preparedness, speaks during the press conference …

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posted about 22 hours ago on techmeme
Zen Soo / South China Morning Post: Grab says that food and financial services, which have better margins than ride-hailing, now generate more than 50% of its gross merchandise volume  —  Food and financial services now make up more than 50 per cent of Grab's gross merchandise volume, according to Lim Kell Jay …

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posted about 24 hours ago on techmeme
Brian Merchant / Harper's Magazine: A look at the rise of murder-for-hire marketplaces on the dark web, the vast majority of which are schemes to pilfer money from gullible users  —  The dark world of online murder markets  —  On a sunny July day in 2018, Alexis Stern was sitting behind the wheel of the red Ford Fusion …

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posted 1 day ago on techmeme
Amy X. Wang / Rolling Stone: Music streaming subscription prices have remained flat for a decade, amid competition from tech giants like Apple that can operate their music arms at a loss  —  The price of music streaming has stayed flat for a decade, but not because tech companies are generous

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posted 1 day ago on techmeme
Alex Wellerstein / Restricted Data: Creator of NUKEMAP, which lets users visualize effects of nuclear explosions, explains why it isn't using Google Maps anymore, citing API stagnation and pricing  —  When I created the NUKEMAP in 2012, the Google Maps API was amazing.1 It was the best thing in town for creating Javascript mapping mash-ups …

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posted 1 day ago on techmeme
Simone Stolzoff / The Atlantic: A graduate of Slack's Next Chapter initiative, which helps former prison inmates land tech jobs, recounts how he managed to land a full-time job at the company  —  Jesse Aguirre's workday at Slack starts with a standard engineering meeting—programmers call them “standups”—where he and his co-workers plan the day's agenda.

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posted 1 day ago on techmeme
Financial Times: Fintech startups in Asia are proving to be formidable competitors to traditional banks, offering a slew of financial services, but many are bleeding cash  —  Rice Basket Queen is the name of a stall run by Ruri Ruhyaty in a bustling suburb of Jakarta.  A year ago it was typical of thousands of others.

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posted 1 day ago on techmeme
Will Knight / Wired: China's AI unicorns like Megvii, which thrived on government contracts for facial recognition, are now facing challenges amid US sanctions and cheaper tech  —  Companies such as Megvii thrived on government contracts for facial recognition, but they face challenges from US sanctions to cheaper tech.

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posted 1 day ago on techmeme
Kane Wu / Reuters: In China, investors and bankers say SoftBank's involvement, once a sign of promising prospects, is now viewed as a red flag that a company was likely overvalued  —  HONG KONG/BEIJING (Reuters) - For SoftBank Group Inc, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy.

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posted 1 day ago on techmeme
Anil Dash: Instagram's limit of allowing one web link for users as a “Link in Bio” is a slow knife - a subtle, pervasive attempt to kill the open web  —  We don't even notice it anymore — “link in bio”.  It's a pithy phrase, usually found on Instagram, which directs an audience to be aware …

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posted 1 day ago on techmeme
Jeff John Roberts / Fortune: Researchers claim they used 3D masks and photos to deceive facial recognition systems used by Alipay, WeChat Pay, Schiphol Airport, and train stations in China  —  Masks and simple photographs are enough to fool some facial recognition technology, highlighting a major shortcoming in what is billed as a more effective security tool.

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posted 1 day ago on techmeme
Manish Singh / TechCrunch: Reliance Industries has acquired an 85% stake in NowFloats, an Indian startup that helps small businesses and individuals build an online presence, for ~$20M  —  Reliance Industries, one of India's largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup …

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posted 1 day ago on techmeme
Amanda Mull / The Atlantic: How the concept of free shipping forces small e-commerce businesses to eat the cost of shipping, as large sellers like Amazon do so at scale  —  How retailers hide the costs of delivery—and why we're such suckers for their ploys  —  It was a pair of feather earrings that helped Ann Miceli get out from underneath strangers' cars.

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posted 2 days ago on techmeme
Michael Sheetz / CNBC: Morgan Stanley estimates Amazon is delivering half of its US packages, will soon pass UPS and FedEx in total volume, at a current rate of 2.5B packages a year  —  - Amazon Logistics is the e-commerce giant's in-house logistics operation.  — “Our AlphaWise analysis shows …

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