Monthly Archives: October 2020

News: Tech for Campaigns, created to get Democrats elected, on the parties’ biggest differences

Yesterday, a 450-page “investigation on competition in digital markets” was published by the House based on 16 months of evidence gathering, including interviews with employees and past employees and others with first-hand knowledge of the inner workings of Facebook, Google, Amazon and Apple. The picture it paints is of companies that have abused their power

Yesterday, a 450-page “investigation on competition in digital markets” was published by the House based on 16 months of evidence gathering, including interviews with employees and past employees and others with first-hand knowledge of the inner workings of Facebook, Google, Amazon and Apple.

The picture it paints is of companies that have abused their power to enrich themselves in ways previously known and unknown based on evidence collected directly from their current and former employees, as well as others with first-hand knowledge of the company’s internal workings. But House Democrats and Republicans disagree on some of the proposed remedies.

It probably doesn’t surprise Jessica Alter, the cofounder of Tech for Campaigns, an organization that was once described as a Democratic Geek Squad owing to its mission to match volunteers from the tech world — engineers, data scientists, product managers, marketing pros — with Democratic campaigns in need of a winning digital strategy.

Alter, who says Tech for Campaigns’s volunteer network now numbers more than 14,000, talked with us late last week about just how different the political parties are fundamentally, likening the Republican National Committee to a “conglomerate,” and the Democrats’s approach as far more decentralized — often to the latter’s disadvantage. Our conversation (which you can hear here) has been edited lightly for length and clarity.

TC: You were previously a tech founder. For those who don’t know you, why start this organization?

JA: I was pretty uninvolved in politics. I was just a typical techie working at early-stage companies, and I’d started one as well. But in 2017, my cofounders and I got very frustrated. I think the crucible moment for me was the first Muslim ban. And given what our skill sets are and who we know, we decided, ‘Let’s just try to look at helping on the tech and digital front.’

We had a hunch that in the 2016 election, Trump sort of wiped the floor with [the Democrats] on tech and digital, and we were more right [about that hunch] than we wanted it to be. We realized pretty quickly that the Democrats are probably 8 to 10 years behind the Republicans. That’s hard for people to believe, and usually people say, ‘But what about Obama? [His campaign] was good at tech and digital.” But all of that was thrown out. I mean that in the most literal sense.

TC: What percentage of donor dollars go to digital advertising?

JA: TV and [snail] mail still really rules the roost. In 2018, as just one example, for all of the media attention that digital advertising gets, only three to five cents went to digital for every donor dollar that was given. Most of the rest went to TV and mail.

On the tech tools and data side, we’re also far behind. Part of the problem is that there really isn’t an organization whose main thrust is to focus on tech and digital. It’s a part of every organization but it’s siloed, and no one really focuses on it, and no one organization is permanently focused on it. That’s the hole that [we’re] filling, and the way that we do that is through our full time team of. about two dozen people and our now more than 14,000 tech and digital volunteers.

TC: Are all of these volunteers finding you? And when they do offer to help, do they have a campaign in mind or do you assign them to whomever needs the help most?

JA: It’s sort of a double-opt-in system that we’ve built, so you sign up, you tell us your hometown, in addition to where you live now and we will try to match on affinity. But we first match on skill set. So we talked to all the campaign and we develop projects with them, and we know if it’s an email project, it needs these skill sets. Then an  email goes out to people with those skill sets.

TC: You’ve suggested that part of why Democrats have fallen so far behind is because of the way their campaigns are structured. Is it different on the Republican side? Do they have a more unified digital operation?

JA: It’s different on the Republican side — and not exclusively about tech and digital — for a couple of reasons. The Republicans in general are a much more centralized organization. When the RNC or [other] leaders say to do things, it trickles down, and people do it. I’m sure a lot of people have heard the saying that Republicans fall in line and Democrats fall in love. There’s nothing that I’ve heard and understood to be more true than that. The Democrats are just much more decentralized, so it’s hard for things to trickle down as much.

The Republicans also started focusing on digital maybe 10 years ago and they operate much more on their donor side like a conglomerate [whereas] the Democrats operate much more like a portfolio [and] there’s not as much cooperation; it’s just that’s it’s just not happening. So [major donors like the] Koch [brothers] and the Mercer [family] not only believed In digital, but there’s a shared infrastructure there. They have, for example, a data exchange that they’ve had for eight years. The Democrats are still building a first version of theirs, and there are two or three versions of a centralized data exchange, which is the opposite of the point of centralization.

TC: Where are you focusing most of your time and energy?

JA: At the state legislative level, which is where Republican fight, too. The elbows are a lot less sharp, so we’ve been able to make inroads there, helping almost 500 campaigns on almost 700 projects over the last three years. But also, the state level campaigns are these concentric circles that overlap between incredibly strategic, incredibly cheap, and incredibly ignored.

State legislatures control basically every major issue that anyone cares about. That includes health care, voting rights, the environment, education, [and] a woman’s right to choose. If Roe v. Wade gets overturned. It’s not that abortion [becomes] illegal; it’s that the states will decide. The state legislatures in most states also control federal redistricting. So if you own the state legislatures, you actually own all those issues.

State legislators are about one 100th of the cost of a federal race, too. It’s just a good ROI decision. People need to understand that Republicans run things like a business, and they make very good ROI-based decisions. I don’t find that to be true with Democrats nearly enough. You have very analytical people who, in their normal lives, are extremely focused on ROI, yet when it comes to politics, they’re just purely emotional. I understand it, but it doesn’t serve the end goal.

TC: This is because they’re decentralized?

JA: We were showing one of our tools to one of the state Democratic parties, and their comment was, ‘Oh, we try to build this every two years.’ When they build [something], they don’t if that’s happening in Maine. They don’t show it to Michigan. It’s not because they don’t like each other. They just don’t talk. And so every two years, your donors are paying to rebuild the same thing. And there isn’t any standard tech or digital training for candidates or their staffers.

When we go into states, we provide that, [and] not in the sense that we’re going to make them gurus of how to run digital ads or data, but so they understand why it’s different and what the power of digital to make them more demanding of whoever they’re working [including paid consultants] on the digital side.

TC: You’re saying it’s chaos out there. You’re giving these campaigns tools and information they didn’t have, but of course, campaigns disband. Is anyone holding on to the tools and information that you’re providing them?

JA: The whole mission of tech for campaigns is to be the permanent tech and digital arm for the Democrats. As you rightly said, campaigns disband every two years and break down completely. Within a week and a half, everyone scatters. So you can’t expect that to change completely. [But we hope to be] this lasting presence in tech and digital that subsists cycle over cycle and in between cycles — to be this permanent presence that can build a real competitive advantage. Because if you break everything down every two years, you’ll never win at tech and digital.

TC: How do you fund your work? Through donations? Grants? Is there a money-making component of this business?

JA: We’re a 527 nonprofit, so we are mostly sustained by donations from individuals and organization. Because of campaign finance, we do sell software that we build, but it’s not going to be a it’s not a big business.

TC: In ‘Silicon Valley,’ politics have become so charged. Are the people who volunteer fearful of revealing their political affiliations in a way that they perhaps weren’t before? Or is the opposite happening?

JA:  I feel like there’s a lot more desire for people to be outspoken in the last few years, even more so than  between 2016 and 2018. Because things have gotten so out of control, people really want a way to channel their frustration and anger and sadness. So we don’t we don’t find that people want to hide it, no.

TC: Some readers are Donald Trump supporters. Some are Biden supporters who might want to help. Is there anything specific you’d want them to know, heading into the election?

JA: First, I’d say, don’t despair. We are we are solving this. [But] it’s not a one-month or even a one-cycle solve, so  get in touch with us about what you can do.

News: Lydia partners with Tink to improve open banking features

French fintech startup Lydia is going to work with financial API startup Tink for its open banking features in its app. Lydia started as a peer-to-peer payment app and now has 4 million users in Europe. Lydia’s vision has evolved to become a financial super app that lets you control your bank accounts and access

French fintech startup Lydia is going to work with financial API startup Tink for its open banking features in its app. Lydia started as a peer-to-peer payment app and now has 4 million users in Europe.

Lydia’s vision has evolved to become a financial super app that lets you control your bank accounts and access various financial services. In France, you can connect your Lydia account with your bank account using Budget Insight’s Budgea API.

Over the coming weeks, Lydia is going to switch over and use Tink for most clients going forward. If you have a bank account in a small French bank, Lydia might still use Budget Insight for those accounts.

“It’s going to be a progressive rollout and we’ll use the best service depending on our users,” Lydia co-founder and CEO Cyril Chiche told me.

Open banking is a broad concept and covers many different things. In Lydia’s case, we’re talking about two features in particular — account aggregation and payment initiation.

In the app, you can connect your bank accounts and view the most recent transactions. This feature is important if you want to become the go-to financial app on your users’ home screen.

As for payment initiation, as the name suggests, it lets you start a SEPA bank transfer from a third-party service. For instance, you can transfer money from your bank account to your Lydia wallet directly in the Lydia app. You can also move money between multiple bank accounts from Lydia.

Tink provides a single API that manages all the complexities of the information systems of European banks. An API is a programming interface that lets two different services talk and interact with each other. Tink does the heavy lifting and translates each banking API into a predictable API that you can use for all banks.

Since 2018, banks have to provide some kind of API due to Europe’s DSP2 regulation. It’s been a slow start as many French banks still don’t provide a usable API. But it’s slowly evolving.

Tink’s API supports 15 financial institutions in France, including major banks, N26, Revolut and American Express. And it covers a dozen European markets, which is going to be important if Lydia wants to grab more users outside of its home country.

“At first, it’s not going to add new things to the app. But it will allow us to provide features in a very stable environment and at a European scale,” Chiche said.

“We want to have the most uniform product across different markets,” he added later in the conversation.

Pay with your card or with your bank account

When you first install Lydia and want to pay back a friend, you associate your debit card with your Lydia account. The startup charges your card before sending money to your friend.

If open banking APIs become the norm, you could imagine grabbing money from someone’s bank account directly instead of paying card processing fees. But this sort of features is nowhere near ready for prime time.

“What made us choose card payments is that it’s a stable system with widespread usage — and it works every time. When you’re dealing with payments, it has to work every single time,” Chiche said.

Lydia isn’t changing anything on this front for now. But you could imagine some changes in a few years. “We are the beginning of a new system that is not going to be ready within the next 18 months,” Chiche said.

Cards also provide many advantages, such as the ability to chargeback a card. And card schemes have been trying new things, such as the ability to transfer money directly from a card to another card. So you’re not going to ditch your Mastercard or Visa card anytime soon. But Chiche thinks there will be some competition in Europe between DSP2-ready banks and card schemes. European consumers should see the benefits of increased competition.

In other news, Lydia usage dropped quite drastically during the full lockdown earlier this year. But transaction volume has bounced back since then and reached all-time highs. The company processes €250 million in transactions every month and it is currently adding 5,000 new users every day.

News: Lanturn, a Singaporean tech-enabled corporate services provider, raises $3 million seed round

Running a small- to medium-sized business means a small staff needs to juggle a plethora of tasks, like bookkeeping, tax records and regulatory filings. Singaporean startup Lanturn streamlines their workload with a combination of corporate services and an internal platform that helps automate administrative work. Lanturn announced today that it has raised a $3 million

Running a small- to medium-sized business means a small staff needs to juggle a plethora of tasks, like bookkeeping, tax records and regulatory filings. Singaporean startup Lanturn streamlines their workload with a combination of corporate services and an internal platform that helps automate administrative work. Lanturn announced today that it has raised a $3 million seed round led by East Ventures and CoCoon Ignite Ventures.

Spun out from Zave, a Singaporean management app (and another startup in East Ventures’ portfolio), two years ago, Lanturn now has almost 400 clients. It focuses on startups and SMEs, acting as a “one-stop online corporate services” solution, and uses its internal tech platform to differentiate from other corporate service providers.

Lanturn’s services include helping companies incorporate in Singapore and handling visa applications for new hires. It is led by chief executive officer Velisarios Kattoulas.

Kattoulas told TechCrunch that Lanturn’s seed funding will be used for hiring and to develop its technology.

In a statement about the investment, East Ventures managing partner and co-founder Batara Eto said, “We are pleased to support solutions that enable agility and adaptability among businesses, especially in the wake of the pandemic, and Lanturn provides that by leveraging technology to streamline corporate services and empower businesses to make more informed data-driven decisions.”

Other participants in the round included individual investors Alex Turnbull; RVP Equity managing partner Saki Georgiadis; Meiyen Tan, the head of Oon & Bazul’s restructuring and insolvency practice; White & Case Asia-Pacific partner Chris Kelly; and Next Billion Ventures venture partner Tiang Foo Lim.

Lanturn’s clients range in size from very early-stage startups with only one person, to small- and mid-sized asset managers, SMEs and tech firms that have more than 100 employees spread across several countries.

The COVID-19 pandemic meant there was less demand for Lanturn’s services this year than the company had expected, but on the other hand, “the pandemic has highlighted to clients that because Lanturn has its own cloud-based corporate services platform, we can serve them as well today as we could before the pandemic,” Kattoulas said. “That’s helped us maintain momentum, and it’s one reason we’ll grow more this year than almost any cloud-based or traditional corporate services firm.”

News: Bringing micromobility to Africa

When you look at maps of micromobility across the world, it appears there’s not a ton of activity throughout Africa. Well, that’s because there’s not, Gura Ride founder and CEO Tony Adesina said at TC Sessions: Mobility. In Africa, there are “very few” micromobility operators, Adesina said. “Almost non-existent.” That’s why launching bike and scooter

When you look at maps of micromobility across the world, it appears there’s not a ton of activity throughout Africa. Well, that’s because there’s not, Gura Ride founder and CEO Tony Adesina said at TC Sessions: Mobility.

In Africa, there are “very few” micromobility operators, Adesina said. “Almost non-existent.”

That’s why launching bike and scooter share in Africa, and specifically Rwanda was strategic, he said. In Kigali, there are many bike lanes and cycling is quite popular in Rwanda, Adesina said. But bikeshare and scooters are “completely new to them.”

Gura Ride has been in operation for the last couple of years and says people are generally receptive to the idea. Still, it hasn’t attracted the same type of market activity as other places.

“Africa is quite unique,” Adesina said. “I don’t think it’s somewhere where you can bring an existing model, maybe that worked in the States or the UK and just dump in a country like South Africa or Rwanda. You have to understand the culture and the people you’re dealing with. It takes quite some time. You have to study the terrain and make sure the model you run in the U.S. or the U.K. can actually fit. Another thing is price. The buying power is not as heavy as you have in the States. So the numbers have to make sense and you have to make sure that the market you’re going into can meet your projected goals.”

That’s partly why Voi, which has gained a stronghold across Europe, has yet to launch in Africa. Voi CEO Fredrik Hjelm noted how the cost of supply and operations is pretty much the same wherever it operates, so in markets where there is less willingness among riders to pay higher costs, it makes it “very, very difficult to operate profitably,” he said.

Once Voi can bring down the costs of operations, it will be easier to launch in more markets and operate profitably there, Hjelm said.

“So there is definitely a time where we will be able to make markets with lower willingness to pay, such as Africa, profitable, when we go there,” he said.

What’s key to micromobility becoming more mainstream in Africa is infrastructure, Adesina said.


“I think the biggest issue [in Kigali] is that the roads are quite narrow, so how do you share the road so you don’t have a lot of hit and runs,” he said.

On the other hand, micromobility is thriving so much in Europe because of the infrastructure, Hjelm said. So, infrastructure can really make or break the industry.

“The infrastructure is better than anywhere else,” Hjlem said. “Culturally also, we’re much more used to bikes to mopeds to vespas to scooters — to all kinds of alternatives to cars. So I think that fundamentally, Europe is the world’s most attractive market.”

News: Daily Crunch: Big tech responds to antitrust report

The major tech platforms push back against the House antitrust report, Google Assistant gets a “guest” mode and we interview a freshly minted Nobel laureate. This is your Daily Crunch for October 7, 2020. The big story: Big tech responds to antitrust report The House Judiciary Committee released its tech antitrust report late yesterday, concluding

The major tech platforms push back against the House antitrust report, Google Assistant gets a “guest” mode and we interview a freshly minted Nobel laureate. This is your Daily Crunch for October 7, 2020.

The big story: Big tech responds to antitrust report

The House Judiciary Committee released its tech antitrust report late yesterday, concluding that the big tech platforms should face additional regulation. Recommendations include creating new separations to prevent dominant platforms from operating in adjacent lines of business, new requirements for interoperability and data portability and increased restrictions on mergers and acquisitions.

For now, these are just recommendations — and they weren’t endorsed by the committee’s Republican minority. But they have prompted forceful responses from four of the companies targeted by the report: Amazon, Apple, Facebook and Google.

Amazon, for example, dismissed the committee’s views as “fringe notions” and “regulatory spitballing,” while Apple said it “vehemently” disagrees with the report’s conclusions.

The tech giants

Google Assistant gets an incognito-like guest mode — With Guest mode on, Google Assistant won’t offer personalized responses and your interactions won’t be saved to your account.

Slack introduces new features to ease messaging between business partners — One new feature: Slack Connect DMs, allowing users inside an organization to collaborate with anyone outside their company simply by sending an invite.

Instagram’s Threads app now lets you message everyone, like its Direct app once did — These changes are rolling out shortly after a major update to Instagram’s messaging platform.

Startups, funding and venture capital

Envisics nabs $50M for its in-car holographic display tech at a $250M+ valuation — The startup brings together computer vision, machine learning, big data analytics and navigation to build hardware that integrates into vehicles to project holographic, head-up displays.

Shogun raises $35M to help brands take on Amazon with faster and better sites of their own — Shogun lets companies build sites that sit on top of e-commerce back-ends like Shopify, Big Commerce or Magento.

DoorDash introduces a new corporate product, DoorDash for Work — DoorDash says it conducted a survey of 1,000 working Americans last month and found that 90% of them said they miss at least one food-related benefit from the office.

Advice and analysis from Extra Crunch

Transportation VCs suggest frayed US-China ties will impact mobility markets — During TechCrunch’s annual Mobility event, we interviewed three investors who spend much of their time focused on shifts in the transportation industry.

Unqork’s $207M Series C underscores growing enterprise demand for no-code apps — The no-code/low-code world could be enjoying an even sharper tailwind than anticipated.

Media roundup: Google to cut big checks for news publishers, Substack continues to draw top creators, more — I do my best to highlight the latest trends, platform shifts and noteworthy funding rounds.

(Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.)

Everything else

Nobel laureate Jennifer Doudna shares her perspective on COVID-19 and CRISPR — CRISPR co-discoverer Jennifer Doudna was named a Nobel laureate in Chemistry today, so it seemed like the perfect time to post video of our interview at Disrupt.

Tech-publisher coalition backs new push for browser-level privacy controls — A coalition of privacy-forward tech companies, publishers and advocacy groups has taken the wraps off of an initiative to develop a new standard that gives internet users a simple way to put digital guardrails around their data.

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.

News: Startups joining SK Telecom’s accelerator include AI-driven mapping and vision for delivery robots

We don’t often cover telecom technology startups, but it’s periodically worth checking in to see what’s happening in that space. We can get a good indication from the latest cohort to emerge from an accelerator associated with South Korea’s largest wireless carrier, SK Telecom. This group of startups will join the Telecom Infra Project accelerator

We don’t often cover telecom technology startups, but it’s periodically worth checking in to see what’s happening in that space. We can get a good indication from the latest cohort to emerge from an accelerator associated with South Korea’s largest wireless carrier, SK Telecom.

This group of startups will join the Telecom Infra Project accelerator in South Korea, which is part of a global program of telecoms specialist centers, and run in partnership with SK Telecom.

The cohort includes a ship berthing monitoring system; an app that turns a group of mobile phones into a TV studio; an AI-powered indoor positioning system which creates interactive maps; a vision system for delivery robots; and one which allows remote audiences to experience live events ‘together’ via a digital stadium.

The selected start-ups include:

Dabeeo: Dabeeo’s AI-powered indoor positioning system which uses vision data produced through smartphone cameras to create interactive maps, used for gaming, marketing and logistics. Crunchbase  

Neubility: Neubility develops vision-based localization and path planning technologies for last-mile delivery robots. Crunchbase

Seadronix: Seadronix is a computer vision-based ship parking monitoring solution that provides an AI-based berthing monitoring system. Through producing around-view images, distance and speed between the ship and the port to pilot or captain it assists ship parking. Crunchbase  

39degC: This is a mobile multi-camera live streaming app. It directly connects multiple smartphone feeds to each other using a technology called WiFi-Direct – turning them into a TV studio.

Kiswe: Kiswe is a supplier of entertainment broadcast technology. Its product CloudCast is a “Broadcast Studio in the Cloud” which enables partners to send a digital feed into the cloud to produce live and non-live content.  Its other product, Hangtime , allows remote audiences to experience live events ‘together’ through creating a digital stadium with chat rooms, and control over viewing angles from within the platform. Crunchbase

News: Facebook: Trump can’t recruit ‘army’ of poll watchers under new voter intimidation rules

In a blog post Wednesday, Facebook said it will no longer allow content that encourages poll watching that uses “militarized” language or intends to “intimidate, exert control, or display power over election officials or voters.” Facebook credited the update to its platform rules to civil rights experts who it worked with to create the policy.

In a blog post Wednesday, Facebook said it will no longer allow content that encourages poll watching that uses “militarized” language or intends to “intimidate, exert control, or display power over election officials or voters.” Facebook credited the update to its platform rules to civil rights experts who it worked with to create the policy.

Facebook Vice President of Content Policy Monika Bickert elaborated on the new rules in a call with reporters, noting that wording would prohibit posts that use words like “army” or “battle” — a choice that appears to take direct aim at the Trump campaign’s effort to recruit an “army for Trump” to watch the polls on election day. Last month, Donald Trump Jr. called for supporters to “enlist now” in an “army for Trump election security operation” in a video that was posted on Facebook and other social platforms.

“Under the new policy if that video were to be posted again, we would indeed remove it,” Bickert said.

The company says that while posts calling for “coordinated interference” or showing up armed at polling places are already targeted for removal, the expanded policy will more fully address voter intimidation concerns. Facebook will apply the expanded policy going forward but it won’t affect content already on the platform, including the Trump Jr. post.

Poll watching to ensure fair elections is a regular part of the process, but weaponizing those observers to seek evidence for unfounded claims about “fraudulent ballots” and a “rigged” election is something new — and something more akin to voter intimidation. Poll watching laws vary by state and some states limit how many poll watchers can be present and how they must identify themselves.

Trump has repeatedly failed to commit to accepting the results of the election in the event that he loses, an unprecedented threat to the peaceful transfer of power in the U.S. and one social media companies are anxiously keeping an eye on as election day nears.

Facebook is also making some changes to its rules around political advertising. The company will no longer allow political ads immediately following the election in an effort to avoid chaos and false claims.

“… While ads are an important way to express voice, we plan to temporarily stop running all social issue, electoral, or political ads in the U.S. after the polls close on November 3, to reduce opportunities for confusion or abuse,” Facebook Vice President of Integrity Guy Rosen wrote in a blog post. Rosen added that Facebook will let advertisers know when those ads are allowed again.

Facebook also provided a glimpse of what its apps will look like on what might shape up to be an unusual election night. The company will place a notification at the top of the Instagram and Facebook apps with the status of the election in an effort to broadly fact-check false claims.

Facebook election night messages

Facebook election night messages

Images via Facebook

Those messages will remind users that “Votes are still being counted” before switching over to a message that “A winner has been projected” after a reliable consensus emerges about the race. Because the results of the election may not be apparent on election night this year, it’s possible that users will see these messages beyond November 3. If a candidate declares a premature victory, Facebook will add one of these labels to that content.

Facebook also noted that is is now using a viral content review system, a measure designed to prevent the many instances in which misinformation or otherwise harmful content racks up thousands of views before eventually being removed. Facebook says the tool, which it says it has relied on “throughout election season,” provides a safety net that helps the company detect content that breaks its rules so it can take action to limit its spread.

In the final month before the election, Facebook is notably showing less hesitation toward policing misinformation and other harmful political content on its platform. The company announced Tuesday that it would no longer allow the pro-Trump conspiracy theory known as QAnon to flourish there, as it has over the last four years. Facebook also removed a post this week in which President Trump, fresh out of a multi-day hospital stay, claimed that COVID-19 is “far less lethal” than the flu.

News: Amazon sends legal notice to India’s Future Group over deal with Ambani’s Reliance Retail

Amazon has sent a legal notice to Future Retail, India’s second largest retail chain, for breaching the terms of its contract by selling a significant portion of the business to Ambani’s Reliance Retail. Future Group announced in late August that it was selling its retail and wholesale business, as well as its logistics and warehousing

Amazon has sent a legal notice to Future Retail, India’s second largest retail chain, for breaching the terms of its contract by selling a significant portion of the business to Ambani’s Reliance Retail.

Future Group announced in late August that it was selling its retail and wholesale business, as well as its logistics and warehousing business to Reliance Retail for $3.4 billion.

But before Reliance Retail came into the picture, Future Group and Amazon also had a deal.

Last year, Amazon acquired a 49% stake in Future Coupons, a group entity owned by Future Group’s retail business. The deal gave Amazon a 3.58% stake in Future Retail, and the right of first refusal to purchase more stake in Future Retail both directly as well as via entities, Future Group said in a filing at the time.

According to TV network ET Now, which first reported about the legal notice, the deal between Amazon and Future Retail also restricted the Indian firm from entering into a deal with certain firms.

Future Group, which kickstarted its journey as a stonewashed-fabric seller in the 1980s, served millions of customers through more than 1,500 stores in more than 400 cities as of earlier this year.

The legal notice has puzzled many in India, as Amazon is reportedly preparing to acquire a multi-billion-dollar stake in Reliance Retail, India’s largest retail chain, according to earlier reports by ET Now and Bloomberg.

With e-commerce commanding only between 3 to 7% of all retail sales in India — and Reliance Retail launching its own e-commerce business to fight Amazon and Flipkart — Amazon’s deal with Reliance Retail is seen as crucial for the American e-commerce firm’s future in India by many industry analysts. Amazon, which kickstarted its journey in India seven years ago, has invested over $6.5 billion in its local business in the country.

Amazon confirmed that it had filed a legal notice. Reliance Retail and Future Group did not comment. As of Wednesday midnight (local time), Future Group had not disclosed the notice on the stock exchange.

Founded in 2006, Reliance Retail serves more than 3.5 million customers each week (as of early this year) through its nearly 12,000 physical stores in more than 6,500 cities and towns in the country.

The retail chain, run by India’s richest man Mukesh Ambani, has raised about $5.14 billion by selling about an 8.5% stake in its business to Silver Lake, Singapore’s GIC, General Atlantic and others in the past four weeks.

Ambani’s other venture, Jio Platforms, this year raised over $20 billion from more than a dozen marquee investors including Google and Facebook.

News: Here’s the curtain raise on the Sight Tech Global agenda

The goal of Sight Tech Global, a virtual, global event on December 2-3, 2020, is to gather the world’s top experts who are applying advanced technologies, notably AI, to the future of accessibility and assistive tech for people who are blind or visually impaired. Today we’re excited to roll out most of the agenda. There

The goal of Sight Tech Global, a virtual, global event on December 2-3, 2020, is to gather the world’s top experts who are applying advanced technologies, notably AI, to the future of accessibility and assistive tech for people who are blind or visually impaired.

Today we’re excited to roll out most of the agenda. There are another half-dozen sessions and breakouts still to come, notably sessions on AI bias and civil rights. What we’ve discovered over the many weeks of research and conversation is a consistent, strong interest on the part of researchers, technologists and product and design thinkers to convene and talk over the future — its promises, challenges and even threats.

We’re delighted to have top-level talent from virtually every leading technology company, many research universities and some startups ready for fireside chats and small panel discussions with expert moderators. Some sessions will take questions from our audience as well.

When the event dates are closer, we will add dates and times to each of these sessions as well as announce additional speakers. Register today to get a free pass and please browse the first edition of the Sight Tech Global agenda below.

Seeing AI: Where does Microsoft’s blockbuster app go from here?

With ever more powerful computer and data resources available in the cloud, Microsoft’s Seeing AI mobile app is destined to become a steadily better ally for anyone with vision challenges. Co-founder Saqib Shaikh leads the engineering team that’s charting the app’s cloud-enabled future.

Saqib Shaikh, co-founder of Seeing AI, Microsoft
Moderator: Devin Coldewey, TechCrunch

The future according to OrCam

As AI-based computer vision, voice recognition and natural language processing race ahead, the engineering challenge is to design devices that can perceive the physical world and communicate that information in a timely manner. Amnon Shashua’s OrCam MyEye is the most sophisticated effort yet to merge those technologies in a seamless experience on a dedicated device.

Amnon Shashua, co-founder of OrCam and Mobileye
Moderator: Matthew Panzarino, TechCrunch

Accessibility from the wheels up: The Waymo self-driving taxi

If people who are blind or visually impaired find Uber and Lyft liberating, imagine how they will feel summoning a self-driving ride from an app on their mobile phones. But wait, how exactly will they locate the cars and what happens when they climb in? Presenter Clem Wright is responsible for the self-driving taxi’s accessibility, and he will be joined by leadership from two organizations closely involved in that effort: The Lighthouse for the Blind SF and the Foundation for Blind Children.

Clem Wright, Accessibility product manager, Waymo
Marc Ashton, CEO, Foundation for Blind Children
Bryan Bashin, CEO, Lighthouse for the Blind
Moderator: Kirsten Korosec, TechCrunch

Our AI future is already here

Whether it’s Alexa, Tesla or Facebook, AI is already deeply embedded in our daily lives. Few understand that better than Dr. Kai-Fu Lee, a scientist who developed the first speaker-independent, continuous speech recognition system as a Ph.D. student at Carnegie Mellon, led Google in China and held senior roles at Microsoft and Apple. Today, Dr. Lee runs Sinovation Ventures, a $2 billion fund based in China, is president of the Sinovation’s Artificial Intelligence Institute and has 50 million followers on social media.

Dr. Kai-Fu Lee, chairman and CEO, Sinovation Ventures
Moderator: Ned Desmond, Sight Tech Global

The future of AT devices and the companies that make them

Dedicated devices versus accessible platforms? Victor Reader Stream versus iPhones and Alexa? How will AT companies take advantage of a world with cloud data and edge computational power, AI algorithms and more demanding customers than ever? Humanware, eSight and APH are already looking far into that future.

Gilles Pepin, CEO, Humanware
Greg Stilson, head of Global Innovation, APH
Charles Lim, CTO, eSight
Moderator: Betsy Beaumon, CEO, Benetech

If the Jetsons had screen readers, would they be using keyboard commands?

The screen reader is arguably the most consequential digital technology ever for people who are blind or visually impaired. At the same time, screen readers depend on a dizzying array of keyboard commands, and — when it comes to reading websites in a browser — they struggle with the ugly reality of poor website accessibility. New technologies may lead the way to better outcomes.

Glen Gordon, Software fellow, Vispero; architect, JAWS
James Teh, Accessibility engineer, Mozilla; co-founder, NVDA
Léonie Watson, director, TetraLogical
Moderator: Matt King, Accessibility technical program manager, Facebook

Alexa, what is your future?

When Alexa launched six years ago, no one imagined that the voice assistant would reach into millions of daily lives and become a huge convenience for people who are blind or visually impaired. This fall, Alexa introduced personalization and conversational capabilities that are a step-change toward more human-like home companionship. Amazon’s Josh Miele and Anne Toth will discuss the impact on accessibility as Alexa becomes more capable.

Anne Toth, director, Alexa Trust at Amazon
Josh Miele, principal accessibility researcher, Lab126 at Amazon
Moderator: Devin Coldewey, TechCrunch

Augmented reality and perception: What’s the best way to get the message across?

It’s one thing for an AI-based system to “know” when it’s time to turn left, who came through the door or how far away the couch is: It’s quite another to convey that information in a timely fashion with minimal distraction. Researchers are making use of haptics, visual augmented reality (AR), sound and language to figure out the right solutions.

Amos Miller, Product strategist, Microsoft AI and Research
Ashley Tuan, VP Medical Devices, Mojo Vision
Sile O’Modhrain, associate professor, Performing Arts Technology, University of Michigan
Moderator: Nick Giudice, professor of Spatial Informatics, University of Maine

Wayfinding: Finding the mark

Map apps on mobile phones are miraculous tools accessible via voice output, but mainstream apps don’t announce the detailed location information (which people who are blind or visually impaired really want), especially inside buildings and in public transportation settings. Efforts in the U.S. and U.K. are improving accessible navigation.

Tim Murdoch, founder and CEO, Waymap
Nick Giudice, professor of Spatial Informatics, University of Maine
Moderator: Mike May, chief evangelist, GoodMaps

Computer vision, AI and accessibility: What’s missing from this picture?

For an AI to interpret the visual world on behalf of people who are blind or visually impaired, the AI needs to know what it’s looking at, and no less important, that it’s looking at the right thing. Mainstream computer vision databases don’t do that well — yet.

Danna Gurari, assistant professor and director of the Image and Video Computing Group, University of Texas
Patrick Clary, product manager, AI and accessibility, Google
Moderator: Roberto Manduchi, professor CS and Engineering, UC Santa Cruz

Keep an out for more sessions and breakouts later this month. In the meantime, registration is open. Get your pass today!

Sight Tech Global is eager to hear from potential sponsors. We’re grateful to current sponsors Amazon, Ford, Google, Microsoft, Mojo Vision, Waymo, Wells Fargo and Humanware. All sponsorship revenues go to the nonprofit Vista Center for the Blind and Visually Impaired, which has been serving the Silicon Valley area for 75 years.

Special thanks to the Sight Tech Global advisors — Tech Matters Jim Fruchterman, UC Santa Cruz’s Roberto Manduchi, Verizon Media’s Larry Goldberg, Facebook’s Matt King and Be My Eyes’ Will Butler — who are playing an invaluable role on this project.

News: Media roundup: Google to cut big checks for news publishers, Substack continues to draw top creators, more

Welcome back to Extra Crunch’s Media Roundup, where I round up the stories that entrepreneurs in the content and advertising business should be thinking about — trends, larger platform shifts, as well as noteworthy funding rounds. This time, we’ve got some bad news for movie theaters, the specter of antitrust regulation and a new career

Welcome back to Extra Crunch’s Media Roundup, where I round up the stories that entrepreneurs in the content and advertising business should be thinking about — trends, larger platform shifts, as well as noteworthy funding rounds.

This time, we’ve got some bad news for movie theaters, the specter of antitrust regulation and a new career path for journalists. Let’s get started!

Movie studios and theaters face a bleak fall

In the last roundup, I pointed to “Tenet”’s global opening weekend as a sign that the theatrical movie business might be coming back to life — but I may have spoken too soon.

While the latest Christopher Nolan film has continued to do reasonably well outside the United States, it’s only grossed $20 million domestically for Warner Brothers. The film’s underwhelming performance could be blamed on U.S. audiences being afraid to return to theaters — but it might simply be a reflection of the fact that theaters in major moviegoing markets like New York, Los Angeles and San Francisco remain closed.

Either way, Warner Brothers and other studios are clearly spooked by the results and have pushed nearly all of their theatrical releases until next year, with knock-on effects for the movies that were already scheduled for 2021. For example, Warner’s “Dune” is being delayed until October 2021, and Daniel Craig’s final Bond entry, “No Time To Die,” was pushed back from November until April. Meanwhile, “The Batman” has been delayed from 2021 to 2022.

At this point, there are few Hollywood blockbusters on the calendar until Christmas, when “Wonder Woman 1984” is due for release. To be honest, I’d be surprised if it actually hits that date. (Video-game comedy “Free Guy,” starring Ryan Reynolds, is scheduled for December 11, but the cast has already created a tongue-in-cheek video acknowledging that release dates aren’t exactly set in stone right now.)

In the meantime, at least one major theater chain said it can’t justify keeping its doors open. The United Kingdom’s Cineworld, which also operates Regal Cinemas in the U.S., announced that it’s closing its theaters indefinitely. For now, AMC and Cinemark said they aren’t going to to follow suit. (AMC noted that it’s bringing in additional revenue through a deal with Universal where the theatre chain gets a cut when Universal films are released early via video-on-demand.)

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