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JOKR, founded by Ralf Wenzel (the same guy who founded FoodPanda, which later INDIVISIBLE IS TRAINING AN ARMY OF VOLUNTEERS TO The grassroots Democratic organization Indivisible is launching its own team of stealth fact-checkers to push back against misinformation — an experiment in what it AT&T IS TURNING DIRECTV INTO A STANDALONE COMPANY AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. Specifically, AT&T TECHCRUNCH – STARTUP AND TECHNOLOGY NEWS TechCrunch - Reporting on the business of technology, startups, venture capital funding, and Silicon Valley TWITCH, PINTEREST, REDDIT AND MORE GO DOWN IN FASTLY CDN Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal, Vimeo, Shopify, Stripe, and news outlets ENDUA CREATES HYDROGEN-POWERED CLEAN ENERGY STORAGE, USING Hydrogen-based generators are an environmentally friendly alternative to ones powered by diesel fuel. But many rely on solar, hydro or wind power, which aren’t available all the time. Brisbane SOFTBANK-BACKED CONSTRUCTION GIANT KATERRA SAID TO BE After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The NETWORK SECURITY STARTUP EXTRAHOP SKIPS AND JUMPS TO $900M A win for Seattle, though the final price is a head-scratcher. Last year, Seattle-based network security startup ExtraHop was riding high, quickly approaching $100 million in ARR and even making APPLE INTRODUCES SHAREPLAY FOR CO-WATCHING, STREAMING AND Apple introduces SharePlay for co-watching, streaming, and screen sharing over FaceTime. Sarah Perez. 10:30 AM PDT • June 7, 2021. As part of its FaceTime update in DON’T TRUST THAT SPAC DECK Don’t trust that SPAC deck. The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer JOKR LAUNCHES IN NEW YORK WITH A DIFFERENT TAKE ON ON Today, a new startup is launching in New York with a fresh take on on-demand delivery. JOKR, founded by Ralf Wenzel (the same guy who founded FoodPanda, which later INDIVISIBLE IS TRAINING AN ARMY OF VOLUNTEERS TO The grassroots Democratic organization Indivisible is launching its own team of stealth fact-checkers to push back against misinformation — an experiment in what it AT&T IS TURNING DIRECTV INTO A STANDALONE COMPANY AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. 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BLENDOOR DATA LETS YOU KNOW IF COMPANIES ARE LIVING UP TO Many companies talk the talk when it comes to diversity, but it’s harder to know if a firm is actually going the extra mile to hire more qualified people from underrepresented groups, or if they TECHCRUNCH – STARTUP AND TECHNOLOGY NEWS TechCrunch - Reporting on the business of technology, startups, venture capital funding, and Silicon Valley VIVALDI 4.0 LAUNCHES WITH BUILT-IN EMAIL AND CALENDAR Vivaldi has always been one of the more interesting of the Chromium-based browsers, in no small part thanks to its emphasis on building tools for power users in a FUJIFILM BECOMES THE LATEST VICTIM OF A NETWORK-CRIPPLING Japanese multinational conglomerate Fujifilm has been forced to shut down parts of its global network after falling victim to a suspected ransomware attack. The company, which is SOFTBANK-BACKED CONSTRUCTION GIANT KATERRA SAID TO BE After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The FIREEYE TO SELL PRODUCTS UNIT TO SYMPHONY-LED GROUP FOR $1.2B Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion. The all-cash deal will split FireEye TIKTOK JUST GAVE ITSELF PERMISSION TO COLLECT BIOMETRIC A change to TikTok’s U.S. privacy policy on Wednesday introduced a new section that says the social video app “may collect biometric identifiers and biometric information” from its users INDIVISIBLE IS TRAINING AN ARMY OF VOLUNTEERS TO The grassroots Democratic organization Indivisible is launching its own team of stealth fact-checkers to push back against misinformation — an experiment in what it FLIXMOBILITY RAISES $650M+ AT A $3B VALUATION TO DOUBLE As consumers around the world slowly start to get moving again — fingers crossed that new waves of COVID-19 cases do not set that back

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— one of the

EUROPE’S COOKIE CONSENT RECKONING IS COMING France’s data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. Google has been hit with a total of €100 million ($120 AT&T IS TURNING DIRECTV INTO A STANDALONE COMPANY AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. Specifically, AT&T DAILY CRUNCH: FASTLY CDN OUTAGE BRIEFLY TAKES TWITCH 10 hours ago · To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We have three main blocks of HERE’S WHAT’S HAPPENING TOMORROW AT TC SESSIONS: MOBILITY 16 hours ago · Tomorrow, June 9 is the big day, mobility fans! Get ready to rub virtual elbows with the brightest minds and makers, movers and shakers at TC Sessions: Mobility 2021. TC SESSIONS: MOBILITY 2021 TC Sessions: Mobility 2021 - June 9, 2021 VIVALDI 4.0 LAUNCHES WITH BUILT-IN EMAIL AND CALENDAR Vivaldi has always been one of the more interesting of the Chromium-based browsers, in no small part thanks to its emphasis on building tools for power users in a EUROPEAN NEOBROKER SCALABLE CAPITAL RAISES $180M+ AT A $1 2 hours ago · Previous investors, including BlackRock, HV Holtzbrinck Ventures and Tengelmann Ventures, also participated in this round. The company, founded in 2014 but commercially launched in A MEN’S BRAND, FACULTY, LAUNCHES WITH WITH NAIL POLISH 4 hours ago · “It’s not a nail polish company,” says Fenton Jagdeo of Faculty, the startup he cofounded in 2019 with Umar ElBably. Though the Toronto-based company currently sells just three shades of OSMA’S HIGH-TECH INSTANT COLD BREW COULD CHANGE SUMMERTIME 11 hours ago · It’s rare that a truly new way to make coffee is invented, and nearly all of them have one thing in common: heat. After all, it’s hot water that quickly extracts flavor and body from

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TECHCRUNCH – STARTUP AND TECHNOLOGY NEWS TechCrunch - Reporting on the business of technology, startups, venture capital funding, and Silicon Valley APPLE’S NEW SHAZAMKIT BRINGS AUDIO RECOGNITION TO APPS 4 hours ago · Apple in 2018 closed its $400 million acquisition of music recognition app Shazam. Now, it’s bringing Shazam’s audio recognition capabilities to app developers in the form of the new

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not violate U.S.

FLIXMOBILITY RAISES $650M+ AT A $3B VALUATION TO DOUBLE As consumers around the world slowly start to get moving again — fingers crossed that new waves of COVID-19 cases do not set that back

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footage to

SUPREME COURT LIMITS US HACKING LAW IN LANDMARK CFAA The Supreme Court has ruled that a police officer who searched a license plate database for an acquaintance in exchange for cash did

not violate U.S.

FLIXMOBILITY RAISES $650M+ AT A $3B VALUATION TO DOUBLE As consumers around the world slowly start to get moving again — fingers crossed that new waves of COVID-19 cases do not set that back

— one of the

INDIVISIBLE IS TRAINING AN ARMY OF VOLUNTEERS TO The grassroots Democratic organization Indivisible is launching its own team of stealth fact-checkers to push back against misinformation — an experiment in what it DAILY CRUNCH: FASTLY CDN OUTAGE BRIEFLY TAKES TWITCH To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We have three main blocks of HERE’S WHAT’S HAPPENING TOMORROW AT TC SESSIONS: MOBILITY 8 hours ago · Tomorrow, June 9 is the big day, mobility fans! Get ready to rub virtual elbows with the brightest minds and makers, movers and shakers at TC Sessions: Mobility 2021. MOLECULE.ONE GROWS ITS DRUG SYNTHESIS AI PLATFORM WITH A Molecule.one grows its drug synthesis AI platform with a $4.6M seed round. Devin Coldewey. 10:03 AM PDT • June 1, 2021. Polish computational chemistry outfit NUGGS CREATOR SIMULATE RAISES $50M 11 hours ago · New York-based Simulate today announced a $50 million fundraise. Led by Alexis Ohanian’s 776, the Series B brings the meat alternative’s total RING WON’T SAY HOW MANY USERS HAD FOOTAGE OBTAINED BY 2 hours ago · Ring gets a lot of criticism, not just for its massive surveillance network of home video doorbells and its problematic privacy and security practices, but also for giving that doorbell

footage to

TRUCKS VC LAUNCHES TWO NEW FUNDS FOR EARLY AND LATE-STAGE 2 hours ago · Trucks Venture Capital, a fund that focuses on early-stage entrepreneurs in transportation, is launching two new funds that it says will help build the future of transportation. Its

new core fund

OSMA’S HIGH-TECH INSTANT COLD BREW COULD CHANGE SUMMERTIME 3 hours ago · It’s rare that a truly new way to make coffee is invented, and nearly all of them have one thing in common: heat. After all, it’s hot water that quickly extracts flavor and body from

grounds.

BLENDOOR DATA LETS YOU KNOW IF COMPANIES ARE LIVING UP TO 8 hours ago · Many companies talk the talk when it comes to diversity, but it’s harder to know if a firm is actually going the extra mile to hire more qualified people from underrepresented groups,

or if they

AMID CONTROVERSY, DISPO CONFIRMS SERIES A FUNDING, HIGH 5 hours ago · It’s only been nine months since Dispo rebranded from David’s Disposables. But the vintage-inspired photo sharing app has experienced a whiplash of ups and downs, mostly due to NETWORK SECURITY STARTUP EXTRAHOP SKIPS AND JUMPS TO $900M 8 hours ago · Last year, Seattle-based network security startup ExtraHop was riding high, quickly approaching $100 million in ARR and even making noises about a possible IPO in

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WALMART SHUTS DOWN ITS EXPERIMENTAL PERSONAL SHOPPING SERVICE, JET

BLACK

Sarah Perez @sarahintampa / 7:22 pm GMT • February 13, 2020

comment Comment

Walmart is shutting down its personal shopping service, Jet black, on February 21, after struggling to find adoption or additional investment. The service had allowed New York-area customers to text message orders for home delivery. According to its website, Jet black will now no longer accept new orders and will refund its customers their most recent $50 monthly membership fee. The retailer is trying to spin the shutdown as a learning experience, noting that part of the initiative was to test and build technology that could eventually be applied to other parts of Walmart’s business. In Jet black’s case, Walmart learned about conversational commerce and how customers could use text

messages to shop.

But according to an earlier report from The Wall Street Journal, Walmart had discussed investment with several potential partners, including Microsoft and VC firm NEA. Those talks didn’t pan out. Jet black, the report said, had gained fewer than 1,000 customers and remained a money-losing business. To be fair, a high-end shopping service was largely an experimental concept for Walmart to dabble in, and it’s not surprising that it didn’t take off. After all, the Walmart brand today is aligned with cost savings and mainstream America, not necessarily the well-to-do, time-strapped urban parents to whom Jet black aimed to cater. It also overlapped with Walmart’s own home delivery options, including its successful Walmart Grocery service, which could deliver the fresh food Jet black could not. Jet black received more attention than it likely warranted, given its concept and limited reach, for a few reasons. The service, which

arrived in May 2018

,

was the first project to debut from Walmart’s tech incubator, Store No. 8, which drew interest. In addition, Jet black’s co-founder and CEO Jenny Fleiss previously co-founded Rent the Runway , a popular clothing rental startup catering to a similar upwardly mobile demographic. Jet black also arrived at a time when a few startups had been trying text-based shopping, including Hello Alfred, Magic, GoButler, Operator, Fetch, Scratch and others. (Most have since failed or pivoted.) Walmart’s entry into this market, at the time, was then

considered notable.

Walmart claimed last July Jet black’s customers were spending $1,500

per month

,

on average. But there weren’t enough customers — or efficiency in the business model — to make Jet black profitable. In addition, Fleiss left the business last year, signaling Jet black’s struggles. She was replaced by Nate Faust, Walmart senior vice president of e-commerce logistics. The Journal reported Jet black was losing as much as $15,000 per year per member, as of last summer. Today it says 293 Jet black employees will be laid off as a result of the shutdown. A Walmart spokesperson confirmed this figure to TechCrunch, as well, noting that 58 other employees are being retained to help apply Jet black’s learning to other areas, including Walmart Grocery. “We’ve learned a lot through Jet black, including how customers respond to the ability of ordering by text as well as the type of items they purchase through texting,” said Scott Eckert, SVP, Next Generation Retail and Principal, Store No 8, in an announcement

.

“We’re eager to apply these learnings from Jet black and leverage its core capabilities within Walmart,” he added. TC SESSIONS: ROBOTICS + AI 2020 Just Two Weeks Left To Grab Your Tickets!

BerkeleyMar 3

Buy Tickets

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WALMART SHUTS DOWN ITS EXPERIMENTAL PERSONAL SHOPPING SERVICE, JET

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Ron Miller

3:12 pm GMT • February 14, 2020 Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold f...

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