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Ex-Uber Execs Have Launched an 'Investor Syndicate' to Fund Startups From Uber Alum
Two former Uber executives have started an investor syndicate called Moving Capital that will invest in companies started by Uber alum, Axios reports. The private syndicate was launched by Josh Moherer, who will lead investments in New York City, and William Barnes, who will head operations on the West Coast, according to Axios. Moving Capital will operate via AngelList and
How the Tariff Threats Could Impact Smartwatches
President Donald Trump recently announced plans to impose tariffs on $200 billion in goods imported from China. The decision could affect products from Fitbit, Inc (NYSE: FIT), as well as other smartwatch manufacturers. What Happened The tariffs could have direct ramifications on certain popular products in the U.S. U.S. Customs and Border Protection considers Fitbit products to be “data transmission
After Violence in India, WhatsApp Places Restrictions on Message Forwarding
WhatsApp is placing limits on the amount of content that users can forward after the Indian government blamed misinformation spread through the service for inciting mob violence that has left more than 20 people dead. The company, which is owned by Facebook, announced the changes in a blog post. "Today, we're launching a test to limit forwarding that will apply
5 Crypto Wallets For 5 Types of Investors
FinTech
Getting started with different cryptocurrency variants means finding a wallet capable of holding your currencies that is ideally both easy to use and secure. While there are different wallet ideologies to consider between online and offline storage, most every wallet has a smattering up upsides and downsides that can make them more or less appealing to different types of crypto
Blockchain Leaders Share Commentary on Congressional Hearings on Cryptocurrency
FinTech
Both the Congressional Agriculture Committee and the Financial Services Committee held hearings on the future of digital assets and cryptocurrency. Please see comments from leaders in the industry including Deepak Jain, CEO of Swych, Kalin Stoyanchev, Project Lead of RNDR, Al Burgio, Founder and CEO of DigitalBits,  Josh Garcia, Co-founder of Ketsal Consulting and Principal of Blakemore Fallon, and Eiland
U.S. Regulators Have Given Coinbase Approval to List Tokenized Securities
FinTech
The Securities and Exchange Commission and Financial Industry Regulatory Authority have cleared the way for Coinbase to become one of the first federally regulated platforms to trade cryptocurrencies that have been listed as securities, which could eventually lead the popular exchange to handle billions of dollars raised by companies in initial coin offerings. As first reported by Bloomberg, regulators approved
'A New Revolution of Medicine': Senseonics Brings Automation to Diabetes Care
FinTech
Automation and artificial intelligence are transforming everything from travel to finance to how garage doors are closed. The management of personal health is poised for similar disruption. Fitbit Inc (NYSE: FIT) and Apple Inc. (NASDAQ: AAPL) have taken wearable-based health monitoring mainstream and set the stage to link sensors to drug delivery systems or therapy regimens. “There’s a lot that
Microsoft Prez Calls on Government to Regulate Facial Recognition Technology Following Public Backlash
Microsoft's president has called on the U.S. government to regulate the use of facial recognition technology, responding to the public backlash over its contract with the government to develop this controversial software. Brad Smith, Microsoft's president and chief legal officer, sought to balance the benefits and risks of computer-assisted facial recognition in a blog post published on Friday, noting that
4 Uses For Blockchain Technology You Hadn't Considered
FinTech
Cryptocurrencies and blockchain have grabbed the headlines recently purely for the average person to make unthinkable money from doing nothing. This has proved to be true at some points depending on your ability to buy and sell at the right time. But there is an alternative to the technology other than simply making money. Outside of finance, there are a
Most ICOs Are Failing Within Just Four Months
FinTech
Four months – that’s about how long over half of cryptocurrency startups last after their ICO, a recent study found. With entrepreneurs raking in millions before even delivering a valuable service, and little to no governance, it’s no surprise the majority are never more than a flash-in-the-pan failure. Dr. Hermann Liu and Haydar Haba—serial entrepreneurs and blockchain authorities with experience