They also talked a big game. When SoFi raised a whopping $1 billion from Softbank last year, CEO Michael Cagney told Bloomberg: "I'm looking at over $1 trillion of market cap from the banks, and I think it's all vulnerable. Fast forward to today, and it's online lenders who suddenly look like sitting ducks. In an SEC filing yesterday, Lending Club, which announced… Read MoreSource: TechCrunch
Putting body cameras on police seems like a net good for everyone involved, but how to deploy them and what the subtler effects will be are questions that would be better to answer sooner or later. Otherwise, as a new large-scale study shows, we risk making things worse — body cameras could actually increase incidents of violence.
Over the past few years EyeSight has been establishing a name for itself by bringing gesture control to a series of computing platforms, from mobile devices to smart eyeglasses. Today's announcement brings the company's technology to the format where it arguably makes the most sense: virtual reality. The company isn't letting out much info on the project. I reached out to…
Just like London buses, you wait for a European vacation rental search engine to raise funding and three come along at once. Following Holidu and HomeToGo, the latest to secure investment is Hundredrooms, which has closed €4.1 million in Series A funding.
WeSchool, initially available in English, Spanish and Italian, is aimed at teachers with a product that will go up against established Learning Management Systems (LMS), such as the Moodles of the world, and upstarts like EdModo.
Facebook is heaping focus on live video with an entirely dedicated tab for streams, which prioritizes in-the-moment broadcasts, so it's no surprise to see that Twitter is fighting back in the streaming war with an integration between Periscope, its live-streaming platform, and the Twitter mobile apps.
As the tech world waits to see what VR stuff Google shows off at its I/O conference later this week, today, the company snuck in an update to YouTube for iOS that allows you to view any video in VR mode on Cardboard. YouTube's Android app has had full Cardboard support since November, but iPhone users have been sorely out of luck. With today's release, iOS users can now tap the icon…