Online bank Simple makes things harder by removing bill pay

With a growing number of challenger banks taking on the U.S. market, one of the original startup banks, Simple — now owned by BBVA — has taken the unusual step of removing a core banking feature: bill pay. The company claimed the feature was under-utilized and usage was trending downwards, which is why it decided…

The U.S. Senate is coming after ‘loot boxes’

Gamers feel passionately about loot boxes, turns out some elected officials do too. A new Senate bill was formally introduced today with bipartisan support and it could categorically shift how today’s top platforms and distribution platforms monetize the titles they sell. The bill’s introduction was first reported by The Verge. The bill asserts that “pay-to-win”…

Lime’s founding CEO steps down as his co-founder takes control

In an all-hands meeting this afternoon, the scooter and bike-sharing phenom Lime announced co-founder and chief executive officer Toby Sun would transition out of the C-suite to focus on company culture and R&D. Brad Bao, a Lime co-founder and long-time Tencent executive, will assume chief responsibilities, Lime confirmed to TechCrunch. “Lime has experienced unprecedented growth…

You can do it, robot! Watch the beefy, 4-legged HyQReal pull a plane

It’s not really clear just yet exactly what all these powerful, agile quadrupedal robots people are working on are going to do, exactly, but even so it never gets old watching them do their thing. The latest is an Italian model called HyQReal, which demonstrates its aspiration to winning strongman competitions, among other things, by…

Automakers have a choice: Become data companies or become irrelevant

Jeff Peters Contributor Jeff Peters, PhD is a principal at Autotech Ventures, investing in transportation startups. He has published academic and media articles on transportation, optimization, autonomous driving and AI. More posts by this contributor Will self-driving cars kill parking? The AI in your non-autonomous car While Bezos amassed billions, Apple took over our culture,…

Streem buys Selerio in effort to boost its AR teleconferencing tech

Streem, an AR startup that is meshing teleconferencing software with computer vision tech, has acquired a small U.K. startup called Selerio that’s also building out augmented reality technologies. The startups were both members of betaworks’ VisionCamp accelerator program last year where they met and collaborated while tackling separate computer vision problems in the AR space….

Snap, which has yet to release a diversity report, hires its first head of D&I

Snap has brought on its first-ever diversity and inclusion lead, former Google Director of Diversity Strategy Oona King. In a memo sent to Snap employees today, Snap Chief People Officer Lara Sweet announced King’s hiring. Although Snap is late in the game of hiring a diversity lead and has yet to release a diversity report,…

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