<span>Monthly Archives</span><h1>February 2019</h1>
    Tech News

    TikTok is launching a series of online safety videos in its app

    February 27, 2019

    On the heels of news that TikTok has reached 1 billion downloads, the company today is launching a new initiative designed to help inform users about online safety, TikTok’s various privacy settings and other controls they can use within its app, and more. Instead of dumping this information in an in-app FAQ or help documentation, the company will release a series of video tutorials that are meant to be engaging and fun, in order to better resemble the other content on TikTok itself.

    The safety series, called “You’re in Control,” will star TikTok users and make use of popular memes, in-app editing tricks and other effects, just like other TikTok videos do. The videos will appear in the app and be available through the new @tiktoktips account. 

    The videos will focus on a range of privacy, safety and well-being settings and other safety-related policies. This includes TikTok’s Community Guidelines, how in-app reporting works, plus other settings for protecting your privacy, how to control comments, settings to manage your screen time and more.

    They’re not exactly your traditional how-to videos, however.

    Instead, the videos showcase what’s often more serious issues — like being overrun with unwanted messages — in a humorous fashion. For example, in the video about configuring your message controls, angry commenters are depicted as shouting passengers on an airplane while the user is depicted by an overwhelmed flight attendant.

    “Too many DMs?,” the video asks. The flight attendant snaps his fingers, which causes most of the passengers to disappear. The scene returns to peace and quiet. It’s a simple enough analogy for TikTok’s younger user base to understand.

    This is then followed by a screen recording that shows you how to turn off messaging within the TikTok app’s settings.

    Other videos have a similar style.

    A barking, growling dog is used to demonstrate Restricted Mode, for instance. A noisy crowd overlooking someone’s shoulder is the intro on the video about using comment controls.

    Another video encourages the use of screen time controls, asking “can’t put your phone down?” and shows someone so wrapped up in their phone they aren’t watching where they’re walking.

    But the video about the Community Guidelines is maybe the most cringe-y, as it feels a bit like your parents reminding you to “play nice.” However, it still manages to set a tone for what TikTok wants to promote — a community for “positive vibes” where everyone feels “safe and comfortable.”

    At launch, there are seven of these short-form videos in the safety series, which will launch in the TikTok app in the U.S. and U.K on Wednesday. In time, the company plans to add other tutorials and expand the series across its global markets, it says.

    Of course, TikTok needs more than a series of videos to make its app a safe and welcoming community, the way it desires. It also needs a combination of policies, settings, controls, technology, moderation and more, the company says. And it needs to comply with COPPA laws – which it’s basically skirting.

    That said, a focus on user education is an important aspect to this larger goal — and it stands in stark contrast to how Facebook intentionally made its privacy settings so complex and difficult to find and use for so many of its earlier years that people gave up trying.

    How well TikTok can execute on user privacy and safety as the app grows still remains to be seen. For now, it tends to be talked about as either a wholesome and fun video experience, or an online cesspool filled with hateful content and child predators. It’s an app on the internet, so both versions of this story are likely true.

    There is no large user-generated content site — even those run by Facebook, Twitter and YouTube — that has figured out how to properly police the hatefulness and evil contained in humanity. But TikTok, at least, takes care not to showcase that content in its main feed — you have to seek it out directly (or train its algorithm by never clicking on anything wholesome).

    But, so far, TikTok has been better reviewed by child safety advocates than you might expect. For instance, Common Sense Media — a nonprofit that provides unbiased and trusted advice about all sorts of media, including apps — said that the app, used with parental supervision, can be “a kid-friendly experience.”

    The launch of the video series comes at a time when TikTok’s growth is surging. The app recently surpassed a billion installs across the iOS App Store and Google Play, including Lite versions and regional variations, but excluding Android installs in China, according to data from Sensor Tower.

    Roughly 25 percent of those installs are from India, the report said. And around 663 million of TikTok’s total installs occurred in 2018, which made the app the No. 4 most downloaded non-game for the year.

    However, installs alone don’t tell the story of how many people actually use the app or how often. And a chunk of these could be the same user installing the app on multiple devices, or even bots used to push the app up the charts. In addition, parents often download the app their tween or teen is using for monitoring purposes, but don’t engage with the app or its content on a regular basis.

    Below, is a compilation of all the new videos launching today:

    Source: Tech Crunch Mobiles | TikTok is launching a series of online safety videos in its app

    Startups

    The Shadow Ghost turns cloud gaming into a seamless experience

    February 27, 2019

    French startup Blade, the company behind Shadow, is launching a new set-top box to access its cloud gaming service — the Shadow Ghost. I’ve been playing with the device for a couple of weeks and here’s my review.

    The Shadow Ghost is a tiny little box that doesn’t do much. The true magic happens in a data center near your home. When you sign up to Shadow, you don’t even have to get a box. You can simply subscribe to the service without any hardware device and use the company’s apps instead.

    Shadow is a cloud computing service for gamers. For $35 per month, you can access a gaming PC in a data center and interact with this computer. Right now, Shadow gives you eight threads on an Intel Xeon 2620 processor, an Nvidia Quadro P5000 GPU that performs more or less as well as an Nvidia GeForce GTX 1080, 12GB of RAM and 256GB of storage. You can optionally get more storage with an extra subscription. It’s a full Windows 10 instance and you can do whatever you want with it.

    Most subscribers now access Shadow using one of the company’s apps on Windows, macOS or Linux. You also can connect to your virtual machine from your iOS or Android phone or tablet. And now, you can buy the Shadow Ghost if you want to use the service on a TV or without a computer.

    I first used Shadow during the early days of the service back in early 2017. My first experience of the service felt like magic. Thanks to my high-speed fiber connection, I could play demanding games on a laptop. The best part was that the laptop fan would remain silent.

    But it wasn’t perfect. Nvidia driver updates failed sometimes. Or your virtual machine would become completely unaccessible without some help from the customer support team.

    In other words, the concept was great, but the service wasn’t there yet.

    Things have changed quite drastically after years of iteration on the apps, the streaming engine, the infrastructure and even the GPUs in the data centers. Blade co-founder and CEO Emmanuel Freund told me that the service has been working fine for just a few months.

    It’s no surprise that those technical improvements have led to less churn, more referrals and more subscriptions. In July 2018, the startup had 20,000 subscribers. Now there are 65,000 subscribers. There’s even more demand, but the company has had a hard time keeping up with new machines in data centers.

    Shadow is currently available in France, the U.K., Germany, Belgium, Luxembourg, Switzerland and parts of the U.S. The company simply can’t accept customers from anywhere in the world because they need to live near a data center with Shadow servers.

    Playing with the Shadow Ghost

    The original Shadow box was a bit clunky. You could hear the fan, you had to rely on dongles if you wanted to pair a Bluetooth device or connect to a Wi-Fi network and there was no HDMI port — only DisplayPort. Internally, Blade has been debating whether the company needs another box.

    In 2017, it was too hard to explain the product without some sort of physical device — you can replace a PC tower with a tiny box. But now that gamers understand the benefits of cloud gaming, there’s no reason to force you to buy a box.

    And yet, the Shadow Ghost can be a useful little device in some cases. For instance, while the company has released an Android TV app and is testing a new app for the Apple TV, your current TV setup might not be compatible with Shadow. Or maybe you primarily use a laptop and you want to create a desktop PC setup with a display, a keyboard, a mouse and a Shadow Ghost.

    Everything has been improved. It is now a fanless device that consumes less than 5W when it’s on. It has an Ethernet port, two USB 3.0 ports, two USB 2.0 ports, an audio jack and a single HDMI port. Bluetooth and Wi-Fi have finally been integrated in the device.

    When you boot up the device, you get a menu to connect to a Wi-Fi network or control your Bluetooth devices. You also can change some streaming settings, like in the app launcher.

    Once you press the start button, the video stream starts and it feels like you’re using a Windows computer. With Steam’s Big Picture mode, you get a convenient setup for couch gaming. I had no issue playing demanding games, such as Hitman 2. It works perfectly fine with a Wi-Fi connection and a Bluetooth controller.

    Using the Shadow Ghost feels just like using the Shadow app on a computer. So it’s hard to say whether you need the Shadow Ghost or not. It depends on your setup at home and how you plan to use the service.

    Last summer, Blade planned to manufacture 5,000 units. But now that the user base has grown significantly, that first batch could disappear in no time. It is available starting today for $140.

    A gold rush

    Cloud gaming is a hot space right now. While some companies have been experimenting with this concept for a while (Nvidia, Sony), it feels like everyone is working on a new service of some sort. Maybe the next Xbox is going to be about streaming a game from a data center. Maybe Amazon will offer a game library in the cloud as part of your Amazon Prime subscription.

    Emmanuel Freund believes that it could be an opportunity for Shadow. Everybody is going to talk about cloud gaming if Apple and Google announce new services. But the startup has years of experiences in the space and has tried hard to compensate when it comes to latency and internet speeds.

    It’s going to be harder to compete on content though. Game publishers and console manufacturers could start releasing exclusive titles on their cloud gaming services. That’s why Blade is thinking about new gaming experiences and exclusive content that would make Shadow more than a technical service.

    (Controller for scale)


    Source: Tech Crunch Startups | The Shadow Ghost turns cloud gaming into a seamless experience

    Startups

    Cequence Security hauls in $17M Series B investment to help protect applications

    February 27, 2019

    Cequence Security, a startup that helps companies protect applications against business logic attacks, announced a $17 million Series B investment today.

    The round was by led by Dell Technologies Capital with participation from Shasta Ventures, the firm that led the company’s $8 million Series A round last year. Today’s investment brings the total raised to $30 million, according to the company.

    What the company does, according to CEO Larry Link, is protect applications against attacks that look like they could be normal behavior, yet are actually trying to do harm to a service. Specifically, it looks for automated bot attacks on business logic such as content scraping, account takeovers, reputation bombs, shopping bots, fake account creation and denial of inventory.

    The company has a three-part approach to protecting applications from these kinds of attacks. First, the discovery phase, where it finds vulnerabilities are in an application. Next, it detects who is taking advantage of these openings, and finally it defends against the attack and helps turn them away.

    Screen: Cequence Security

    Deepak Jeevankumar, the managing director who is leading the investment for DTC, sees a seasoned leader in Link, who spent five years running sales at Palo Alto Networks, helping build the company into a powerhouse. Jeevankumer also likes the technical team, which helped build Symantec’s anti-malware platform. “It’s the perfect combination of top-notch go-to-market leadership and cyber technologists that is winning the confidence of many Fortune 100 customers in a short period of time,” he told TechCrunch.

    One of the things that Jeevankumer liked about this approach was how it differed from more traditional application security strategy. “Traditional web application firewalls, DDOS products, RASP/IAST/DAST application security vendors can’t look in to these business-logic-level attacks as they focus on code-level issues. We are seeing enterprises moving a good part of their cyberspend in to this ‘business logic security’ category,” he said.

    While it’s still early days for the company, which came out of stealth in November, it is attracting large deals, with an average size of $500,000, according to Link. Part of this investment is going to go toward building its sales and marketing team to create awareness and sell directly to companies like financial services, social media, retail and gaming that could benefit from this kind of protection.

    The company was founded in 2014, but spent a fair amount of time building the product before going to market for the first time last year. It currently has 34 employees working out of its Sunnyvale, Calif. headquarters. That number is expected to increase fairly substantially with the new investment.


    Source: Tech Crunch Startups | Cequence Security hauls in M Series B investment to help protect applications

    Startups

    Threads emerges from stealth with $10.5M from Sequoia for a new take on enabling work conversations

    February 27, 2019

    The rapid rise of Slack has ushered in a new wave of apps, all aiming to solve one challenge: creating a user-friendly platform where coworkers can have productive conversations. Many of these are based around real-time notifications and “instant” messaging, but today a new startup called Threads coming out of stealth to address the other side of the coin: a platform for asynchronous communication that is less time-sensitive, and creating coherent narratives out of those conversations.

    Armed with $10.5 million in funding led by Sequoia, the company is launching a beta of its service today.

    Rousseau Kazi, the startup’s CEO who co-founded threads with Jon McCord, Mark Rich and Suman Venkataswamy, cut his social teeth working for six years at Facebook (with a resulting number of patents to his name around the mechanics of social networking), says that the mission of Threads is to become more inclusive when it comes to online conversations.

    “After a certain number of people get involved in an online discussion, conversations just break and messaging becomes chaotic,” he said. (McCord and Rich are also Facebook engineering alums, while Venkataswamy is a Bright Roll alum.)

    And if you have ever used Twitter, or even been in a popular channel in Slack, you will understand what he is talking about. When too many people begin to talk, the conversation gets very noisy and it can mean losing the “thread” of what is being discussed, and seeing conversation lurch from one topic to another, often losing track of important information in the process.

    There is an argument to be made for whether a platform that was built for real-time information is capable of handling a difference kind of cadence. Twitter, as it happens, is trying to figure that out right now. Slack, meanwhile, has itself introduced threaded comments to try to address this too — although the practical application of its own threading feature is not actually very user friendly.

    Threads’ answer is to view its purpose as addressing the benefit of “asynchronous” conversation.

    To start, those who want to start threads first register as organizations on the platform. Then, those who are working on a project or in a specific team creates a “space” for themselves within that org. You can then start threads within those spaces. And when a problem has been solved or the conversation has come to a conclusion, the last comment gets marked as the conclusion.

    The idea is that topics and conversations that can stretch out over hours, days or even longer, around specific topics. Threads doeesn’t want to be the place you go for red alerts or urgent requests, but where you go when you have thoughts about a work-related subject and how to tackle it.

    These resulting threads, when completed or when in progress, can in turn be looked at as straight conversations, or as annotated narratives.

    For now, it’s up to users themselves to annotate what might be important to highlight for readers, although when I asked him, Kazi told me he would like to incorporate over time more features that might use natural language processing to summarize and pull out what might be worth following up or looking at if you only want to skim read a longer conversation. Ditto the ability to search threads. Right now it’s all based around keywords but you can imagine a time when more sophisticated and nuanced searches to surface conversations relevant to what you might be looking for.

    Indeed, in this initial launch, the focus is all about what you want to say on Threads itself — not lots of bells and whistles, and not trying to compete against the likes of Slack, or Workplace (Facebook’s effort in this space), or Yammer or Teams from Microsoft, or any of the others in the messaging mix.

    There are no integrations of other programs to bring data into Threads from other places, but there is a Slack integration in the other direction: you can create an alert there so that you know when someone has updated a Thread.

    “We don’t view ourselves as a competitor to Slack,” Kazi said. “Slack is great for transactional conversation but for asynchronous chats, we thought there was a need for this in the market. We wanted something to address that.”

    It may not be a stated competitor, but Threads actually has something in common with Slack: the latter launched with the purpose of enabling a certain kind of conversation between co-workers in a way that was easier to consume and engage with than email.

    You could argue that Threads has the same intention: email chains, especially those with multiple parties, can also be hard to follow and are in any case often very messy to look at: something that the conversations in Threads also attempt to clear up.

    But email is not the only kind of conversation medium that Threads thinks it can replace.

    “With in-person meetings there is a constant tension between keeping the room small for efficiency and including more people for transparency,” said Sequoia partner Mike Vernal in a statement. “When we first started chatting with the team about what is now Threads, we saw an opportunity to get rid of this false dichotomy by making decision-making both more efficient and more inclusive. We’re thrilled to be partnering with Threads to make work more inclusive.” Others in the round include Eventbrite CEO Julia Hartz, GV’s Jessica Verrilli, Minted CEO Mariam Naficy, and TaskRabbit CEO Stacy Brown-Philpot.

    The startup was actually formed in 2017, and for months now it has been running a closed, private version of the service to test it out with a small amount of users. So far, the company sizes have ranged between 5 and 60 employees, Kazi tells me.

    “By using Threads as our primary communications platform, we’ve seen incredible progress streamlining our operations,” said one of the testers, Perfect Keto & Equip Foods Founder and CEO, Anthony Gustin. “Internal meetings have reduced by at least 80 percent, we’ve seen an increase in participation in discussion and speed of decision making, and noticed an adherence and reinforcement of company culture that we thought was impossible before. Our employees are feeling more ownership and autonomy, with less work and time that needs to be spent — something we didn’t even know was possible before Threads.”

    Kazi said that the intention is ultimately to target companies of any size, although it will be worth watching what features it will have to introduce to help handle the noise, and continue to provide coherent discussions, when and if they do start to tackle that end of the market.


    Source: Tech Crunch Startups | Threads emerges from stealth with .5M from Sequoia for a new take on enabling work conversations

    Tech News

    Apple removes VoIP app clones from the App Store

    February 27, 2019

    Following my report from yesterday, Apple has removed many of the apps I pointed out. When you try to find them on the App Store, they are no longer available.

    App Store Review Guidelines are very clear when it comes to app duplicates. According to rule 4.3, you can’t release the same app multiple times on the App Store as it is considered as spamming.

    But that rule has been poorly enforced, and some companies have taken advantage of that. In my original report, I focused on one category in particular — VoIP apps that let you get a second phone number and send and receive calls and texts from that new number.

    Developers release multiple versions of the same app so they can use different names, different keywords and different categories. This way, they can cover a wide range of keywords when you’re searching for an app in the App Store.

    So let’s look at the developers I called out yesterday. It’s still unclear if some of these apps will reappear after some changes.

    TextMe, Inc.

    BinaryPattern and Flexible Numbers LLC

    Appverse Inc.

    Dingtone Inc.

    This case illustrates once again that Apple holds the keys to the App Store kingdom. The company acts as a judge and can make or break some companies.

    Some of those companies have released clones of their apps and benefited from that strategy for many years. The main issue here is that App Store rules aren’t enforced consistently.

    Plenty of clones in other categories

    The clone plague is far from over. Many categories also use this App Store optimization strategy.

    JPEG Labs has released four different apps that let you print photos in Walgreens or CVS stores around you. They all do the same thing but have different names and keywords. (They also tell you to leave a review right after opening the app.)

    Photo Prints: 1 Hour Photos

    Print Photos: 1 Hour Prints

    Printmatic 1 Hour Photo Print

    Same Day Canvas Photo Prints

    When you can’t beat them, acquire them

    Another good example is MailPix, Inc. You can find multiple copies of the same app. The company is also slowly expanding its App Store footprint by acquiring competitors and changing those apps into duplicated versions of the main app.

    MailPix acquired Photobucket’s printing app to turn it into a clone.

    Source: Tech Crunch Mobiles | Apple removes VoIP app clones from the App Store

    Tech News

    When brands violate customer trust, it’s tough to win it back

    February 27, 2019

    Trust is a fundamental building block of any healthy relationship, whether that’s between individuals or companies and customers. If you can’t trust the company you are doing business with to do the right thing by you, it’s hard to continue the relationship. Too often, we have seen this trust broken when it comes to data sharing.

    Last week, a Wall Street Journal article revealed a practice of apps sharing highly personal data with Facebook without user knowledge, whether the user had a Facebook account or not. In a follow-up article, the WSJ listed all 11 apps in its study (five of which stopped sharing data after being contacted by the publication). These included ovulation and heart-monitoring apps.

    Whatever the reason, if your users aren’t aware that you are sharing their data in this fashion, and that would appear to be the case, then it’s a gross violation of trust between user and brand. Marc Benioff, co-CEO and co-founder at Salesforce, has often stated that trust is one of the primary components of a healthy brand-customer relationship. If you mess that up, it’s going to be very tough going for you as a business.

    In an interview in September with Bloomberg’s Emily Chang, Benioff had this to say about trust. “Every CEO needs to ask themselves what is the most important thing to you. What is the most important thing to your company? What is your highest value? I know our highest value at Salesforce is trust. Nothing is more important than the trust that we have that we have with our customers or employees or partners or our top executives,” Benioff explained.

    He went on to say when companies misuse customer’s data, they are breaking that trust and that could involve losing key personnel or customers. “When you see top executives walking out. When you see customers questioning your privacy practices or how you’re using or misusing their data or how you’re misusing partnerships, you need to listen. You need to wake up. You need to [ask] what is going on. It’s very serious,” Benioff said

    If Benioff is right, and trust is the basis of all business relationships, then you’re playing with fire when you abuse the trust by sharing data with third parties without your customer’s knowledge, and sooner or later that’s going to come back and bite you as a brand.

    Let’s face it, people stop using apps for a variety of reasons that have nothing to do with something as fundamental as trust. It could just be buggy or slow, but when the app is sending data to another company without user knowledge, it’s easy enough to just remove it from the phone and find another one that doesn’t do that (or at least you hope it doesn’t).

    For brands, perception is everything. If people begin to think you are not looking out for their best interests, or are putting profit over common sense protections, it becomes difficult to turn around those negative feelings once they begin to harden.

    If the brand continues to abuse its users time and again, it will eventually have an impact on revenue and begin to hurt your relationship with your existing customer base, and your ability to attract new customers to your products and services.

    It seems like a risk that would be too big to take, yet we see brands take these risks time and again. If you don’t want to go that route, it’s pretty easy to prevent. Do right by your customers and they’ll continue to believe in you — or don’t, and watch what happens.

    Source: Tech Crunch Mobiles | When brands violate customer trust, it’s tough to win it back

    Tech News

    Bring on the mobile weirdness

    February 27, 2019

    CES 2019 was a dud. It happens. Some years are more exciting than others. The world of technology ebbs and flows. Time is a flat circle. All that glitters is gold. Only shooting stars break the mold.

    MWC, on the other hand — I’ve actually been pretty excited about this show for a while now. The mobile industry is at a crossroads. Smartphone sales have begun to stagnate and recede for the first time since analysts began tracking the things. Heck, this was the year the conference name officially changed from Mobile World Congress to MWC Barcelona.

    That sort of sly rebranding takes some of the heavy lifting off the “mobile” bit for what has come to be regarded as the world’s premier smartphone launching pad. Don’t be too surprised to see the show attempt a shift into the broader world of consumer electronics, à la CES or IFA.

    Meantime, smartphones are very much still the thing. The devices are still a ubiquitous part of our lives and will continue to be so for the foreseeable future. There are a number of reasons for the slowdown in sales, but the primary factors are slowed upgrade cycles and phones have gotten better and new features have become less compelling, coupled with rough economic trends in places like China, which were anticipated to be the primary driver for the category going forward.

    The upshot of all of this is a newfound sense of experimentation. Keeping shareholders happy requires constant upward growth, and kickstarting sales will take some compelling reasons to upgrade. This year was the first time, perhaps since the original iPhone, that we’ve seen a radical shift in form factors, with Samsung, Huawei, TCL and Oppo all announcing foldable phones in the last couple of weeks.

    Making sure they’re ready for prime time is another question altogether, but I’m definitely on-board for the manner of differentiation they bring. While it’s true that a number of major players all got on the foldable train at roughly the same time, we’ve seen some unique approaches as the industry scrambles to figure out the best way to utilize flexible technology.

    The fact is that none of these are going to be big sellers out of the gate — the average price point, which is currently hovering around $2,000, will see to that. Huawei, for one, seems to have tempered its expectations around the category. Mobile chief Richard Yu quite nearly apologized for the price of the Mate X onstage the other day.

    But the inability to pay double the price of a flagship smartphone shouldn’t be mistaken for a lack of interest, nor should it be used as justification for pulling back on experimentation. In a recent conversation, the CEO of Light discussed how the maturation of the smartphone category could afford smartphone makers the opportunity to better target different user needs.

    He was speaking specifically about different camera arrays on the backs of phones, but I don’t see why that can’t apply to the space in broader terms. Plenty of smartphone makers have gotten burned trying to compete with similar products on the same field as Apple or Samsung.

    For years, smartphones have constituted one of the very few consistent trends in an otherwise fragmented media landscape. It’s not too hard to imagine smartphones undergoing a similar transformation, in which smartphones are less uniform, but better suited to users’ individual needs.

    Of course, it seems just as — if not more — likely that handset makers will ultimately pull the plug on any devices that fail to catch the world on fire. Just look at the recent rumors that Razer has abandoned plans for a third gaming phone.

    Here’s hoping, however, that this year’s MWC marks the first step for a mobile space long overdue for a radical shakeup.

    Source: Tech Crunch Mobiles | Bring on the mobile weirdness

    Startups

    Challenger bank N26 plans to expand to Brazil

    February 27, 2019

    Fintech startup N26 plans to launch its retail banking service in Brazil soon. The company announced the news onstage at MWC in Barcelona.

    N26 has already announced that its next market would be the U.S. at some point during the first half of 2019. Brazil should launch after that.

    Right now, N26 is available in 24 European countries, including all of the Eurozone, the U.K., Denmark, Norway, Poland, Sweden, Liechtenstein and Iceland.

    The company reached 2 million customers back in November 2018. N26 says that it now has 2.5 million customers. It has processed €20 billion in transaction volume since its creation in 2013, and customers currently hold more than €1 billion in N26 accounts.

    Eduardo Prota will be the general manager for Brazil. He’s worked for Santander, Cielo and various startups. N26 will compete with another challenger bank in Brazil, Nubank. The startup already has 5 million customers and has raised hundreds of millions of dollars.

    N26 also recently raised $300 million at a $2.7 billion valuation. It’s clear that the company doesn’t want to stop at Europe. Let’s see if N26 can reproduce the same success on another continent.

    Update: An earlier version of this post said that N26 would launch in Brazil in 2019. The company hasn’t given a clear time frame. The post has been updated to reflect that.


    Source: Tech Crunch Startups | Challenger bank N26 plans to expand to Brazil

    Tech News

    We’re ready for foldable phones, but are they ready for us?

    February 27, 2019

    This is the moment we’ve been waiting for. After years of prototypes, the age of foldables has finally arrived. They’re here. I’ve seen them, and even, briefly, touched one.

    And that’s about as far as it goes, to be honest. A week after Samsung kicked off its S10 event with an in-depth look at the Galaxy Fold, the device made its IRL debut at MWC, this week. We got to the show an hour early on the first day, only to find four devices trapped behind glass cases.

    The weren’t doing much of anything at all. Two were splayed to show the backs of the devices and two showed off the screens. We were able to get within a few inches of the things, before security swooped in and put up the ropes. The Fold has a release date that’s just under two months away, and yet here were are, stuck admiring the thing from afar.

    Huawei was a bit better. Another morning session yesterday found us backstage at the company’s booth, getting up close and personal with the Mate X. But things got a little weird. I’m used to being baby sat with pricey new devices, but Huawei went out of its way to several limit interactivity with the product, as noted in the story.

    TCL’s product got a similar behind-glass treatment as the Fold. Though there’s one key difference: the company gave a 2020 timeframe for its more affordable (more affordable than $2,600, that is) take on the category. That, hopefully, is enough time to work out all of the kinks ahead of product launch.

    That neither Huawei nor Samsung feel confident enough to let us go a bit more in-depth with their soon to be released devices isn’t the kind of thing that really instills one with confidence in an emerging space. Royole, to its credit, has let the press go fully hands on with products back at CES, though, by nearly all accounts, the product feels more like a developer device than anything.

    And that, really, is the fear. Samsung’s charging an arm and a leg for the device, at $1,980. Huawei’s tossed in another limb, bringing the total up to $2,600. That’s not beta tester levels. That’s double the cost of already exorbitant flagship smartphone pricing for products that appear to still have a lot of bugs to work out.

    It’s true that there’s a lot that needs to be redesigned after generations of coalescing around the same basic form factor, both from a hardware and software perspective. But it’s one thing to announce a concept and another entirely to bring it to market. If these initial devices ultimately prove buggy or are otherwise a let down from a user perspective, it’s going to a fairly inauspicious start for a long promised form factor.

    Source: Tech Crunch Mobiles | We’re ready for foldable phones, but are they ready for us?