Ford is building an all-electric Transit cargo van for the U.S. market

Ford said it will produce and sell an all-electric version of its popular Ford Transit cargo van for the North American market starting with the 2022 model year as part of the automaker’s broader bet on electrification.

The all-electric Transit, which will be assembled in the U.S., is part of Ford’s more than $11.5 billion investment in electrification through 2022. Ford’s EV plan includes an all-electric Transit for the European market that it announced in April 2019, the Mustang Mach-E SUV and an electric F-150 truck.

Ford’s decision to include commercial vans into its EV strategy is linked to sales in U.S. and the company’s outlook on future growth. The company’s U.S. truck and van fleet sales have grown 33% since 2015. Ford said it expects continued growth of van sales in the U.S. as e-commerce and “last mile” delivery increase.

Ford said it expects electric vehicles to grow to 8% of the industry in 2025 in the United States.

“Commercial vehicles are a critical component to our big bet on electrification,” Ford chief operating officer said Jim Farley said in a statement. “As leaders in this space, we are accelerating our plans to create solutions that help businesses run better, starting with our all-electric Transit and F-150. This Ford Transit isn’t just about creating an electric drivetrain, it’s about designing and developing a digital product that propels fleets forward.”

Ford will focus on tech features like in-vehicle internet and driver assistance.

“The world is heading toward electrified products and fleet customers are asking for them now,” Farley said. “We know their vehicles operate as a connected mobile business and their technology needs are different than retail customers. So Ford is thinking deeply on connectivity relationships that integrate with our in-vehicle high-speed electrical architectures and cloud-based data services to provide these businesses smart vehicles beyond just the electric powertrains.”

These built-in “smart” features could help customers optimize fleet efficiency and reduce waste or improve driver behavior, according to Ford, an indication that fleets will be able to access data collected through Ford’s telematics system using an embedded FordPass Connect modem featuring a 4G LTE Wi-Fi hotspot with connectivity for up to 10 devices. Ford said managers can use Ford’s data tools like live map GPS tracking, geofencing and vehicle diagnostics to see key performance indicators at a glance for vehicle and driver.

 


Source: Tech Crunch

J.Crew says a hacker accessed some customer accounts

Clothing giant J.Crew said an unknown number of customers had their online accounts accessed “by an unauthorized party” almost a year ago, but is only now disclosing the incident.

The company said in a filing on Tuesday with the California attorney general that the hacker gained access to the customer accounts in or around April 2019.

According to the letter, the hacker obtained information found in the customer’s online account — including card types, the last four digits of card payment numbers, expiration dates, and associated billing addresses. Online accounts also store the customer’s order numbers, shipping confirmation numbers, and shipment statuses.

A spokesperson for the company confirmed that hacker used a technique known as credential stuffing, where existing sets of exposed or breached usernames and passwords are matched against different websites to access accounts.

The spokesperson said a “small number” of customers were affected but did not say specifically how many.

Companies operating in the state are mandated to warn the state’s attorney general’s office of security incidents involving more than 500 California residents. The letter to the attorney general’s office said it’s a “multi-state” notification, indicating that customers in other states are also affected.

A bigger, unanswered question is why it took J.Crew took almost a year to detect and disclose the incident to regulators and customers.

The spokesperson said “routine web scanning” detected the improper access and that customers were “promptly notified.” It’s not known when the scanning took place or why the account breaches weren’t detected sooner. Under the laws of both California and New York — where J.Crew is headquartered — there’s no specific time period under which a company must disclose a breach, only that customers are notified in “the most expedient time possible and without unreasonable delay.”

J.Crew becomes the latest in a string of companies disclosing security incidents as a result of credential stuffing. Amazon-owned doorbell maker Ring, Chipotle, Spotify and game streaming service Twitch have all seen customers complain of account breaches in the past year.


Source: Tech Crunch

Messenger hits the Mac App Store in several markets

At Facebook’s 2019 F8 developer conference, the company announced plans to introduce desktop apps for its popular communications app Messenger. Now, less than a year later, the Messenger Mac App is beginning to roll out. Though not yet available in the U.S., Messenger for Mac has popped up the Mac App Store in several non-U.S. markets.

We asked Facebook to confirm whether this signals a broader rollout that will include the U.S.

A company spokesperson responded that this is not yet a full launch.

“We’re conducting a small test of the Messenger app for macOS in a couple of markets,” the spokesperson said. “We don’t have a date when it will be available as we’re still gathering feedback from our users,” they added.

9to5Mac and iPhone Hacks first spotted the app’s launch, referencing a post published to a French tech news site called MacGeneration. However, you can visit the French Mac App Store URL directly to confirm.

We’ve also seen Messenger arrive in a few other international markets, including Mexico and Australia, for example. (There may be more as well — we haven’t yet clicked through links on every global Mac App Store to confirm them one by one.)

The desktop version of Messenger offers a similar feature set to the mobile client, including support for voice and video chat, in addition to texting. Group chats, calls, and video chats are available too. And like the mobile app, users can share files, react with emojis, and enable a dark theme to cut down on glare.

The app is built using Electron, not Catalyst. While Electron is a popular way of building apps for the desktop from a web app, but not the most secure by any means.

The app’s arrival comes only days after Facebook introduced its slimmed down and faster Messenger app for iOS. The new mobile app does away with the Discover section to simplify the app’s interface and reorients the Messenger experience around people and Stories, not businesses and apps.

Facebook recently announced it has canceled this year’s F8 conference due to the coronavirus outbreak. That could mean we’ll see more news and launches from Facebook that it would have otherwise waited to reveal.


Source: Tech Crunch

Quibi closes on $750 million as its date with destiny approaches

With just over one month to go until its official launch date, the short-form, subscription streaming service Quibi has closed on $750 million in new financing, according to a report in the company’s private PR firm The Wall Street Journal.

The company declined to disclose exactly who invested in the new round (which is always a great sign) and didn’t comment on how the new investment would effect the company’s valuation.

Chief Executive Officer Meg Whitman told the Journal that the new financing was made to ensure that the company would have the financial flexibility and runway to build a long-term business, but it’s likely that companies as diverse as Brandless and WeWork said the same thing about their goals when raising capital, as well.

According to the story in the WSJ, the company’s new investment contains both existing investors, like the Alibaba Group and Hollywood Studios, along with WndrCo, the investment firm and holding company launched by Quibi’s co-founder and Hollywood mogul Jeffrey Katzenberg.

While the company touts its original approach to storytelling, and its list of marquee talent developing series for the app, the emphasis on short-form has been tried before by other companies (notably TechCrunch’s own parent company)… and the results were less than promising.

The idea that people need to consume short-form stories instead of … maybe just hitting the pause button… is interesting as an experiment to see what kinds of narratives or reality show-style entertainment needs to live behind a paywall rather than on YouTube or TikTok.

Perhaps Quibi will win with its slate of reality and narrative shows (which, to be honest, look pretty fun). The big names that Katzenberg and co-founder Meg Whitman promised are certainly on offer in the roster that is helpfully synopsized in a recent Entertainment Weekly article about the company’s programming.

Quibi, unlike some of the streaming services that it’s going to compete with, doesn’t have a back catalog of titles to tap to pad out the service, so it’s coming to market with a whopping 175 shows in its first year with 8,500 episodes, which run no longer than 10 minutes.

When it launches, there will be 50 shows on offer from the service. A lot depends on the reception of those shows. While many of the titles seem compelling, there are only a couple that seem to have the appeal to break through to the audience that Quibi hopes it can reach, and that will be willing to shell out money for its subscriptions.

The service is also hoping to differentiate itself by dropping new episodes daily — rather than weekly releases common on network television or the season-long binges that Netflix encourages.

The app itself seems to be fairly undifferentiated from the services available from other streamers. As we wrote when the company launched pre-orders for its app in February:

Much has been made about Quibi’s potential to reimagine TV by taking advantage of mobile technology in new ways, but the app itself looks much like any other streaming service, save for its last app store screenshot showing off its TurnStyle technology.

The app appears to favor a dark theme common to streaming apps, like Netflix and Prime Video, with just four main navigation buttons at the bottom.

The first is a personalized For You page, where you’re presented a feed where you’ll discover new things Quibi thinks you’ll like.

A Search tab will point you toward trending shows and it will allow you to search by show titles, genre or even mood.

The Following tab helps you keep track of your favorite shows and a Downloads tab keeps track of those you’ve made available for offline viewing.

Otherwise, Quibi’s interface is fairly simple. Shows are displayed with big images that you flip through either vertically on your home feed or both horizontally and vertically as you move through the Browse section.

The company does promote its TurnStyle viewing technology in its app store description, though it doesn’t reference the technology by name. Instead, it describes it as a viewing experience that puts you in full control. “No matter how you hold your phone, everything is framed to fit your screen,” it says.

In vertical viewing mode, it also introduces controls that appear on either the left or right side the screen — you choose, based on whether you’re left or right-handed.

Quibi did not formally announce the app was open for pre-order.

The startup, founded by Jeffrey Katzenberg, is backed by more than a billion dollars — including a recently closed $400 million round.

Despite the doubt surrounding its success, Quibi managed to sell out of the initial $150 million in available advertising for the service’s first year.

Whether it’s as big of a hit with potential subscribers as with advertisers remains to be seen. The service could still become the Mike Bloomberg campaign of streaming media — a lot of money and no discernible result.


Source: Tech Crunch

India restores social media access in Kashmir for 2 weeks

For the first time in eight months, people in Kashmir can use WhatsApp, Facebook, Twitter and other social media services without any fear or use of specialized software — though things are not back to normal yet.

India said on Wednesday that it has temporarily lifted the ban on social media services and on the much broader internet, giving some relief to people and tens of thousands of businesses in the Himalayan region for two weeks.

New Delhi imposed a total communications blackout in the India-controlled territory in early August last year after withdrawing the special rights of Jammu and Kashmir. The government said the move was necessary to maintain peace in the region.

The move, which eventually became the biggest internet shutdown and crackdown of social media in any democracy, received wide criticism from human rights activists around the globe, as well as from lawmakers in the U.K. and the U.S.

The region, home to more than 7 million people, faced many challenges without access to the internet. The Kashmir Chamber of Commerce and Industry said that at least 150,000 jobs were lost.

India’s top court ruled in January that the Narendra Modi -controlled government’s move to enforce an “indefinite” communications blackout amounted to abuse of power, and sought an explanation.

In the wake of the order, India opened access to about 300 websites, which did not include social media services, and capped mobile data speeds at 2G level. One analysis had found that more than a third of the whitelisted websites were largely inaccessible.

To bypass the censorship, some users began to use VPN apps on their smartphone, an act that local authority quickly deemed “unlawful” and moved to open cases against hundreds of citizens.

On Wednesday evening (local time), several people in Kashmir confirmed that they were able to access WhatsApp and other social media services again — though there remains restriction on their mobile data speed.

According to a notice issued by the region’s home secretary, the restoration of the internet will remain in effect till March 17.


Source: Tech Crunch

Rebranding as Anagram, software for out-of-network billing for healthcare providers raises $9.1 million

As it rebrands from Patch to Anagram, the healthcare billing platform making it easier for providers to accept out-of-network patients, has raised $9.1 million in new financing.

The round was led by ManchesterStory, with participation from Care Credit, a Synchrony solution, Waterline Ventures, Rogue Venture Partners, Launchpad Digital Health, KEC Ventures, and Healthy Ventures.

According to a statement, the company’s software makes it easier for healthcare providers to choose which insurance they want to take. Instead of focusing on primary care physicians, Anagram reaches out to dentists, ophthalmologists, and others to help them with their billing needs.

“Most of our customers are independent practices in the ancillary market — like dermatologists and dentists — we are not targeting the core hospital system networks.”

The company says that its software allows providers to pull real-time health insurance benefits from a variety of networks so they never have to ask for patients’ insurance. The company also said providers can set their own prices and discounts to support cash payments through the service.

Data provided by the company indicated that offices which use Anagram’s services can take on 260 more patients and receive an additional $30,000 annually per-location from cash-paying patients. Over $55 million worth of claims have been processed through the company’s software, according to the statement.

“Accessing benefits and paying for healthcare really doesn’t have to be as difficult as it is today,” said Jeremy Bluvol, co-founder and CEO of Anagram. “We envision a world where paying for healthcare and leveraging insurance benefits is a simple and transparent experience for both patients and providers. With Anagram, patients can go to any provider they want, and providers never have to file paper claims or turn patients away again.”


Source: Tech Crunch

The BMW Concept i4 gets us closer to what’s coming in 2021

BMW unveiled Tuesday a concept version of its upcoming i4, an all-electric four-door Gran Coupe with an estimated EPA range of 270 miles and the ability to produce 530 horsepower, pushing it past its high-performance M3 combustion vehicle.

The i4 concept vehicle, which was unveiled online because the Geneva International Motor Show was cancelled due to the coronavirus, is slated to enter production in 2021. BMW has been talking about and teasing what would follow its i3 electric vehicle for awhile now. BMW released some specs on the upcoming i4 at the LA Auto Show back in November. This latest unveiling shows off more of what we can expect the i4 to look like, plus a bit more information on the interior and expected range.

The concept has a long wheelbase, fastback roofline and short overhangs, suggesting that the production version will have a similar profile — a far cry from the wedge-shaped i3.

The front end shows a closed-off grille. BMW says it has given the grille of the concept a purpose beyond just a reminder of its combustion engine past. The grille will be used to house various sensors, according to BMW.

Perhaps the most noticeable features, besides the mammoth kidney-shaped grille is the glass roof and a curved digital display in the interior.

bmw i14 inside

While it is not clear if the production version will feature these same features, we can expect that the interior will be more touch-based and have fewer buttons and knobs. It will be interesting to see if BMW sticks to the single screen design. In the photo below, you’ll notice at least one knob located in the console area.

bmw i4 inside screenClose followers of BMW’s EV plans might remember that the i4 was going to have a range of 600 kilometers, or about 400 miles. But it wasn’t clear if that figure, which would push it ahead of the competition, was based on the EPA or European WLTP.  EPA estimates tend to be more conservative. BMW is now clarifying the range and has said the EPA estimate will be 270 miles.

The i4 will have the fifth-generation BMW eDrive, a platform that features a brand new electric motor, power electronics, charging unit and high-voltage battery. This fifth gen-platform will also show up in the iNEXT SUV and the iX3, which is headed for the Chinese market. The 80-kilowatt battery pack in the i4 is flat, according to BMW, and weighs 550 kilograms. For comparison, the battery pack in the Tesla Model 3 weighs 480 kg.

 

The unveiling of the i4 concept builds upon earlier announcements from BMW to push deeper into electrification. In November, BMW announced it would spend more than €10 billion euros ($11.07 billion) on battery cells from Chinese battery cell manufacturer Contemporary Amperex Technology Co. and Samsung SDI. BMW’s original deal with CATL, which was announced in mid-2018, was for €4 billion worth of battery cells. This new contract is from 2020 to 2031, the German automaker said at the time.

BMW Group will be the first customer of CATL’s battery cell factory that is under construction in Erfurt, Germany. BMW played an active part in establishing CATL in Germany, according to Andreas Wendt, member of the Board of Management of BMW AG responsible for purchasing and supplier network.


Source: Tech Crunch

Kami’s wireless outdoor camera keeps it simple

You’ve probably come across YI’s range of affordable security cameras while browsing on Amazon or other shopping sites in the past. Recently, the company’s Kami brand launched its $90 battery-powered outdoor camera. After spending some time with it, it’s clear that while it doesn’t quite provide the same experience you’d get from a wired $400 Nest Cam IQ or similar product, it’s a solid security camera and the ease of use makes up for its shortcomings.

With the Kami Wire-Free Outdoor Camera (that’s its full name), you get a bullet-style camera that you can easily put anywhere you want, thanks to its wireless design. The fact that it’s wireless worried me a bit, given that I wasn’t sure how long those four 2600 mAh batteries would last, but even after a few hours of essentially live-streaming a picture of my backyard, the battery is still at 75%. Given that you’re not likely to do that under normal circumstances — and that YI promises up to six months of battery life — this should do just fine.

The camera itself streams and records 1080p video at 20 frames per second with a 140-degree field of view. Its IP-65 rating means you don’t have to worry about it getting wet, though I haven’t tested it in a full downpour yet. There’s also a microphone and speaker, in case you want to have a friendly conversation with your local burglar (or the delivery driver, whomever comes first).

You can run the camera without adding any internal storage and simply send six-second clips directly from the camera to your phone. You also can add a micro-SD card for longer recording times or subscribe to YI’s cloud storage service, which starts at $15 for a three-month plan and seven days of recording history.

While it’s wireless, you still have to attach the camera somewhere. YI provides all the installation hardware to attach the camera virtually anywhere you can drill a screw.

As for the software side, getting started simply involves popping in the batteries, using the camera to scan a QR code from the Kami or YI app (they are essentially the same) to connect to your Wi-Fi network and you’re ready to go. The process shouldn’t take more than a minute.

Especially at this price, these are solid specs, and the image quality, both during day and at night, using the camera’s night vision, is good.

The only area where I felt the camera fell short of my expectations was in its motion detection. It uses passive infrared motion detection, and while that ensures that your camera isn’t going to ping you about every car that drives by, I did get a few random alerts when it started raining, for example, or when a bird flew through my yard. On other days, there were no false positives at all.Unlike some other cameras, including YI’s own lineup of indoor cameras that I’ve used in the past, this one doesn’t allow you to set up a specific zone to monitor. That’s an odd omission, and the one area where the camera fell short of my expectations. Occasionally, it also takes a long time for the camera to start streaming the live video feed and you have to exit the camera view and go back to the main menu. That’s not exactly a deal breaker, but it is a bit of an annoyance. A software update could probably fix both of these issues.

Overall, though, the new Kami outdoor camera provides solid performance at this price. It won’t wow you, but it’ll do what it promises to do, and at this price, that’s all you can ask. Whether you trust the company and are comfortable with the privacy implications of having your house under 24/7 surveillance is something you have to decide for yourself, of course. So far, though, YI has had a pretty good track record and no major breaches.


Source: Tech Crunch

Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom

VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startup over the next 18 months.

The group —  with offices in London, Lagos, and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series B, according to TLcom Managing Partner Maurizio Caio.

He told TechCrunch the fund was somewhat agnostic on startup sectors, but was leaning toward infrastructure, logistics ventures vs. consumer finance companies.

On geographic scope, TLcom Capital will focus primarily on startups in Africa’s big-three tech hubs — Nigeria, Kenya,  South Africa — but is also eyeing rising markets, such as Ethiopia.

TLcom’s current Africa portfolio includes Nigerian trucking logistics venture Kobo360, Kenya’s Twiga Foods,  a B2B food supply-chain company and tech-talent accelerator Andela.

Both of these companies have gone on to expand in Africa and receive subsequent investment by U.S. investment bank, Goldman Sachs .

For those startups who wish to pitch to TLcom Capital, Caio encouraged founders to contact one of the fund’s partners and share a value proposition. “If it’s something we find vaguely interesting, we’ll make a decision,” he said.

One $50 million round wasn’t enough for South Africa’s Jumo, so the fintech firm raised another — $55 million — in February, backed by

Goldman Sachs led the Cape Town based company’s $52 million round back in 2018.

“This fresh investment comes from new and existing…investors including Goldman Sachs,  Odey Asset Management and LeapFrog Investments,” Jumo said in a statement —  though Goldman told TechCrunch its participation in this week’s round isn’t confirmed.

After the latest haul, Jumo has raised $146 million in capital, according to Crunchbase.

Founded in 2015, the venture offers a full tech stack for partners to build savings, lending, and insurance products for customers in emerging markets.

Jumo is active in six markets and plans to expand to two new countries in Africa (Nigeria and Ivory Coast) and two in Asia (Bangladesh and India).

The company’s products have disbursed over $1 billion loans and served over 15 million people and small businesses, according to Jumo data.

Jumo joins a growing list of African digital-finance startups raising big money from outside investors and expanding abroad. A $200 million investment by Visa in 2019 catapulted Nigerian payments firm Interswitch  to unicorn status, the same year the company launched its Verge card product on Discover’s global network.

Amazon Web Services  has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell competition between American cloud providers in Africa.

In a statement to TechCrunch,  the East African company framed the arrangement as a “strategic agreement” whereby Safaricom  will sell AWS services (primarily cloud) to its East Africa customer network.

Safaricom — whose products include the famed M-Pesa  mobile money product — will also become the first Advanced Consulting Partner for the AWS partner network in East Africa.

Partnering with Safaricom plugs AWS into the network of one East Africa’s most prominent digital companies.

Safaricom, led primarily by its M-Pesa mobile money product, holds remarkable dominance in Kenya, Africa’s 6th largest economy. M-Pesa has 20.5 million customers across a network of 176,000 agents and generates around one-fourth of Safaricom’s ≈ $2.2 billion annual revenues (2018).

safaricomM-Pesa has 80% of Kenya’s mobile money agent network, 82% of the country’s active mobile-money subscribers and transfers 80% of Kenya’s mobile-money transactions, per the latest sector statistics.

A number of Safaricom’s clients (including those it provides payments and internet services to) are companies, SMEs and startups.

The Safaricom-AWS partnership points to an emerging competition between American cloud service providers to scale in Africa by leveraging networks of local partners.

The most obvious rival to the AWS-Safaricom strategic agreement is the Microsoft -Liquid Telecom collaboration. Since 2017, MS has partnered with the Southern African digital infrastructure company to grow Microsoft’s AWS competitor product — Azure — and offer cloud services to the continent’s startups and established businesses.

More Africa-related stories @TechCrunch

African tech around the ‘net


Source: Tech Crunch

Confirmed: Managed by Q sells to rival Eden for just 11% of what WeWork paid for it last year

Managed by Q co-founder Dan Teran had a plan. After selling his office management company to WeWork last year for tidy $220 million — $100 million in cash and the rest in stock — he wanted to buy it back when WeWork decided to sell it off, along with some other properties that it viewed as extraneous, following a management shake-up last fall.

According to Bloomberg originally — and confirmed by our sources — Teran, who was employed by WeWork for five months after the sale as its head of corporate development and ventures — looked to put together a package to acquire the company beginning in December. To do so would require a substantial sum, however — enough to both buy the company, plus working capital to maintain its current staff and support its customers.

In the end, SoftBank-controlled WeWork apparently better liked the proposal of of an outside bidder, and that’s Eden, a five-year-old company competes directly with Managed by Q. At least, Eden is confirming today that it has successfully bid $25 million in cash for Managed by Q, whose technology and accounts and an untold number of employees will also be incorporated into its offerings.

The money comes from a new, $29 million round that JLL, the commercial real estate services giant, just led for Eden in a round that also includes participation from the Y Combinator Continuity Fund and individual investors.

The new round is separate from a $25 million round that Eden closed in November and that was led by Reshape, with participation from Fifth Wall Ventures, Mitsui Fudosan, RXR Realty, Thor Equities, and Bessemer Venture Partners, along with numerous other firms.

Said Eden CEO Joe Du Bey in an emailed statement to us: “Eden is proud to partner with Managed By Q to further our mission of creating a better place to work, for everyone. Managed By Q’s amazing customers, service vendors, team, and product makes it a huge win-win for all stakeholders. JLL leading the round and becoming a strategic partner to Eden is also exciting and will further accelerate our growth as we work to better serve the SMB category together.”

Teran did not respond to a separate press request yesterday, but if he’s frustrated by the outcome, he still has that sale last year to WeWork to celebrate.

In the meantime, Eden —  which launched in 2015 as as on-demand tech repair and support service but eventually found itself in the same office management business as Managed by Q (both connect offices with third-party providers) — has now consolidated its market share, and obviously for a dramatically better price than WeWork paid less than a year ago.

The company, which until today employed roughly 70 people, was already active in 25 markets as of late November, including Berlin and London, and it featured more than 2,000 service providers on its platform. Its acquisition of Managed by Q takes it that much further.


Source: Tech Crunch