SoftBank could still walk away from Uber

 Uber said Sunday that it agreed to move forward on a proposed investment from SoftBank Group. But SoftBank Investment Advisors sent a statement to reporters on Monday on behalf of CEO Rajeev Misra, emphasizing that it could still walk away. “After a long and arduous process of several months it looks like Uber and its shareholders have agreed to commence with a tender process and… Read More


Source: Tech Crunch

Amazon is making a ‘Lord of the Rings’ prequel series

 Amazon is making a Lord of the Rings TV show, but it isn’t a straight adaptation of the greatest fantasy series of all time — it’s a prequel. The show, which already carries a multi-season commitment, will “explore new storylines preceding J.R.R. Tolkien’s The Fellowship of the Ring.” Read More


Source: Tech Crunch

Facebook launches collaborative Stories for Groups and Events

 Facebook is combining its Snapchat Stories clone with features Snapchat can’t match in a bid to boost usage. Starting today, users of Facebook Groups and Events will be able to contribute to a Facebook Story visible to the rest of the members and moderated by the admins. This could be fun for parties, weddings, meetups, and more. In essence, these collaborative Stories will work like… Read More


Source: Tech Crunch

Arab springs and AI winters

 Remember the Arab Spring? “Revolution 2.0”? Remember how we imagined, full of triumphal optimism, that social media would become the web that knit the oppressed masses better, would empower them to join together and overthrow their oppressors and stride shoulder-to-shoulder together into a better world? Yeah, those were the days. But now — “disillusioned”… Read More


Source: Tech Crunch

Uber’s new Asia chief wants to work with governments and taxi firms not against them

 New CEO Dara Khosrowshahi has been vocal in pledging to reform Uber’s toxic culture to take the business to the next level — and ultimately an IPO — but, over in Asia, another recent arrival is presiding over a revamped approach which includes turning those who were once enemies into friends. Brooks Entwistle, a former Chairman of Goldman Sachs Southeast Asia, joined… Read More


Source: Tech Crunch

What it’s like cooking with meal kit startup Chef’d

 I’ve tried both Blue Apron and HelloFresh before, but I don’t like being locked into some subscription, so I decided to go with Chef’d this time around. Chef’d, which raised $35.2 million in August from strategic investors like pork producer Smithfield Foods and online grocer Fresh Direct, is different in that you don’t need to subscribe to anything, ever. There… Read More


Source: Tech Crunch

Physical storage startup Makespace has a new CEO to represent it

 Makespace, one of the many startups that launched to give consumers a new option for storing their stuff, has a new chief executive, TechCrunch has confirmed. The company’s thirty year-old co-founder and chief executive Sam Rosen is stepping down to make room at the top for Rahul Gandhi, Rosen’s fellow founder and Makespace’s chief operating officer. News of the change at the… Read More


Source: Tech Crunch