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Showing posts from October, 2018

Some law enforcement drones are dropping out of the sky

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The U.K.’s Civil Aviation Authority is cautioning police departments and other emergency services to suspend operations of a specific drone model after some of the devices lost power unexpectedly and fell while in flight. The Civil Aviation Authority (CAA)  safety warning applies to DJI Matrice 200 series drones, used by some emergency services in the U.K. The failures were first reported by West Midlands police department, though law enforcement in Norfolk, Devon, Cornwall and the West Midlands also uses DJI drones. Devon and Cornwall have grounded two affected drones out of their fleet of 20, according to the BBC . According to the CAA , “A small number of incidents have been recently reported where the aircraft has suffered a complete loss of power during flight, despite indications that there was sufficient battery time still remaining.” No injuries have been reported, despite “immediate loss of lift with the remote pilot unable to control its subsequent flight path.” ...

Influencer marketing startup Mavrck raises another $5.8M

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Mavrck has raised another $5.8 million in funding, bringing its total raised to $13.8 million. When the company raised its Series A back in 2015, it was focused on helping brands work with “micro-influencers” who were already using their products. Now it describes itself as an “all-in-one” influencer marketing platform, offering a number of tools to automate and measure the process. Last month, Mavrck announced new features for Pinterest , where it’s now an official marketing partner. It also says it’s been doing more to improve measurement and detect fraud — on the fraud side, it promises to analyze a “statistically significant sample” of an Instagram account’s followers, and of the accounts that engage with their content, to determine if they’re bots. Customers include P&G, Godiva and PepsiCo, and the company says recurring revenue has grown 400 percent year-over-year. “Everything that we have done at Mavrck this year has been done with the intention to drive the influ...

Fitbit earnings beat expectations on strength of smartwatch sales

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Fitbit is slowly righting its financial ship, courtesy of a successful push into smartwatch category. The wearable company reported a profit (when adjusted for items such as stock-based compensation) thanks to growing sales in the new category.    Total revenues rose slightly to $393.6 million in the third quarter compared with the same period last year. The company did report a loss this quarter under generally accepted accounting principles (GAAP). But it was rosier than in previous quarters and showed that Fitbit is moving in the right direction. Net losses narrowed considerably to $2.1 million from $113.4 million this time last year. A good deal of the company’s revenue is being driven by the shift to smartwatches, which now comprise around half of Fitbit’s total revenue. It’s a gamble that’s finally starting to pay off for the company. Fitbit launched its first smartwatch in August of last year. The Ionic was the result of three high-profile acquisitions: Pebble,...

Amazon says Alexa can now give information about federal and gubernatorial elections and that it is working with AP and Ballotpedia for poll times and results (Khari Johnson/VentureBeat)

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Khari Johnson / VentureBeat : Amazon says Alexa can now give information about federal and gubernatorial elections and that it is working with AP and Ballotpedia for poll times and results   —  Amazon today announced a series of updates to Alexa's knowledge base so the intelligent assistant can deliver helpful information ahead of … from Techmeme https://ift.tt/2PBOyfK

Xiaomi doesn’t want Lyft using its electric scooters

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Xiaomi, the electric scooter manufacturer that a handful of the shared electric scooter services in the U.S. (like ones from Uber, Lyft, Spin and Bird) rely on, has sent a cease-and-desist letter to Lyft. In the letter, obtained by TechCrunch, Xiaomi says it did not consent to associate its brand with Lyft. Xiaomi alleges Lyft has referenced Xiaomi’s brand in its advertisements and other documentation referring to its shared electric scooter business. “We also do not condone Lyft’s unauthorized modification or retrofitting of our electric scooters for general public use,” Xiaomi wrote in its letter. If Lyft does not cease to use, purchase and modify its scooters, Xiaomi says it will pursue legal action against Lyft. Xiaomi also demands that Lyft must stop deploying its scooters “that have been modified without our consent in public scooter rentals.” But Lyft says it has no knowledge of using Xiaomi’s trademarks in its advertising. “We have no intention of using any...

Snapchat’s PR sues influencer for not promoting Spectacles on Instagram

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Influcencer marketing could get a lot more accountable if Snapchat’s PR firm wins this lawsuit. Snapchat hoped that social media stars promoting v2 of its Spectacles camera sunglasses on its biggest competitor could boost interest after it only sold 220,000 of v1 and had to take a $40 million write-off. Instead Snap comes off looking a little desperate to make Spectacles seem cool. Snap Inc comissioned its public relations firm PR Consulting (real imaginative) to buy its an influencer marketing campaign on Instagram . The firm struck a deal with Grown-ish  actor Luka Sabbat after he was seen cavorting with Kourtney Kardashian. Sabbat got paid $45,000 up front with the promise of another $15,000 to post himself donning Spectacles on Instagram. He was contracted to make one Instagram feed post and three Stories posts with him wearing Specs, plus be photographed wearing them in public at Paris and Milan Fashion Weeks. He was supposed to add swipe-up-to-buy links to two of those Sto...

The tactics behind The Athletic’s breakout success in sports subscriptions

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Local newspapers may be shuttering and people may be consuming most news on social media, but don’t tell Alex Mather that a subscription news publication can’t grow like a unicorn startup. His 2-year-old sports publisher The Athletic  has gained over 100,000 paid subscribers (60% under age 34) and has a 90% retention rate. Having already raised $30 million in its short life, the company announced a new $40 million Series C yesterday, led by Founders Fund and Bedrock Capital . It reportedly values The Athletic around $200 million. I interviewed Alex Mather ( The Athletic’s CEO) and Eric Stomberg (Partner at Bedrock Capital) to understand what’s behind the breakout success and why they think this publishing startup can scale to become a multi-billion dollar company. EP: Bedrock makes concentrated, contrarian bets. Explain how The Athletic fits that. ES: I first met Alex and Adam in 2016 during Y Combinator. The popular view then, as it remains now, was that people just aren’t ...

A look at all the companies participating in 500 Startups’ 24th accelerator program

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TechCrunch has an exclusive look at the companies participating in 500 Startups ‘ 24th startup accelerator batch, which kicked off last week. Through its four-month seed program, the Silicon Valley seed fund invests $150,000 in exchange for 6 percent equity. The companies below include a mix of industries from cryptocurrency to digital health to e-commerce. 500 Startups says 40 percent of the companies have a female founder, 50 percent have a black, mixed-race or Latinx founder and 31 percent are headquartered outside the U.S. Here’s a closer look at the 22 companies, which will demo their tech to investors on February 28 : Alba : A Santiago, Chile-based mobile marketplace for babysitters in emerging markets. Assemble : A Los Angeles-based digital platform for automating video content production. Back Office : A Palm Beach, Florida-based financial software provider focused on streamlining personal bookkeeping. BlockVigil : A San Francisco-based platform for building and scaling...