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Alex Mike

Twitter is running a new test that will ask users to pause and think before they tweet. According to the company’s announcement, when Twitter detects what appears to be a potentially harmful or offensive reply to someone else’s tweet, it will prompt you to consider revising your text instead of tweeting.

Users whose tweets are flagged in this way will see a pop-up message appear on their screen, which asks, “Want to review this before Tweeting?” There are three buttons to then choose from: one to tweet the reply anyway, an Edit button (this is as close as we’ll get, apparently), and a delete button to discard the tweet entirely. There is also a small link to report if the system got things wrong.

This is not the first time Twitter has run a test like this.

In May 2020 and again in August 2020, Twitter ran variations on this same experiment. In those cases, the text on the pop-up screen was largely the same, but the layout of the three buttons looked different and were less colorful.

The earlier tests ran on Android, iOS and web, but this current iteration is only on iOS, for the time being.

At the time of the initial test, Twitter explained its systems were able to detect harmful language based on the kind of language that had been used in other tweets that had been reported in the past.

Say something in the moment you might regret? 😬 We've relaunched this experiment on iOS that asks you to review a reply that's potentially harmful or offensive.

Think you've received a prompt by mistake? Share your feedback with us so we can improve. pic.twitter.com/t68az8vlYN

— Twitter Support (@TwitterSupport) February 22, 2021

It’s been shown that these sorts of built-in small nudges can have an impact.

For example, when Twitter began prompting users to read the article linked in a tweet before retweeting it, the company found that users would open the articles 40% more often than without the nudge. Twitter has also built similar experiments to try to slow down the pace of online conversation on its platform, by doing things like discouraging retweets without commentary or slow down “Likes” on tweets containing misinformation.

Other social networks use small nudges like this, too, to influence their users’ behavior. Instagram back in 2019 launched a feature that would flag potentially offensive comments before they were posted, and later expanded this to captions. TikTok more recently launched a banner that would ask users if they were sure they wanted to share a video that contains “unverified content.”

It’s unclear why Twitter hasn’t simply rolled out the pop-up to combat online abuse — still a serious issue on its platform — and then iterated on the design and style of the message box, as needed.

Compared with the much larger engineering and design efforts the company has had underway — including its newer Stories feature known as Fleets and a Clubhouse rival called Spaces — a box asking users to pause and think seems like something that could have graduated to a full product by now.


Source: https://techcrunch.com/2021/02/23/twitter-relaunches-test-that-asks-users-to-revise-harmful-replies/

Alex Mike Feb 23 '21
Alex Mike

As money floods into the electric vehicle market a number of small companies are trying to stake their claim as the go-to provider of charging infrastructure. These companies are developing proprietary ecosystems that work for their own equipment but don’t interoperate.

ChargeLab, which has raised $4.3 million in seed financing led by Construct Capital and Root Ventures, is looking to be the software provider providing the chargers built by everyone else.

“You’ll find everyone in every niche and corner,” says ChargeLab chief executive Zachary Lefevre. Lefevre likens Tesla to Apple with its closed ecosystem and compares Chargepoint and Blink, two other electric vehicle charging companies to Blackberry — the once dominant smartphone maker. “What we’re trying to do is be android,” Lefevre said.

That means being the software provider for manufacturers like ABB, Schneider Electric and Siemens. “These guys are hardware makers up and down the value stack,” Lefevre said.

ChargeLab already has an agreement with ABB to be their default software provider as they go to market. The big industrial manufacturer is getting ready to launch their next charging product in North America.

As companies like REEF and Metropolis revamp garages and parking lots to service the next generation of vehicles, ChargeLab’s chief executive thinks that his software can power their EV charging services as they begin to roll that functionality out across the lots they own.

Lefevre got to know the electric vehicle charging market first as a reseller of everyone else’s equipment, he said. The company had raised a pre-seed round of $1.1 million from investors including Urban.us and Notation Capital and has now added to that bank account with another capital infusion from Construct Capital, the new fund led by Dayna Grayson and Rachel Holt, and Root Ventures, Lefevre said.

Eventually the company wants to integrate with the back end of companies like Chargepoint and Electrify America to make the charging process as efficient for everyone, according to ChargeLab’s chief executive.

As more service providers get into the market, Lefevre sees the opportunity set for his business expanding exponentially. “Super open platforms are not going to be building an EV charging system any more than they would be building their own hardware,” he said.


Source: https://techcrunch.com/2021/02/23/chargelab-raises-seed-capital-to-be-the-software-provider-powering-ev-charging-infrastructure/

Alex Mike Feb 23 '21
Alex Mike

3D model provider CGTrader, has raised $9.5M in a Series B funding led by Finnish VC fund Evli Growth Partners, alongside previous investors Karma Ventures and LVV Group. Ex-Rovio CEO Mikael Hed also invested and joins as Board Chairman. We first covered the Vilnius-based company when it raised 200,000 euro from Practica Capital.

Founded in 2011 by 3D designer Marius Kalytis (now COO), CGTrader has become a signifiant 3D content provider – it even claims to be the world’s largest. In its marketplace are 1.1M 3D models and 3.5M 3D designers, service 370,000 businesses including Nike, Microsoft, Made.com, Crate & Barrel, and Staples.

Unlike photos, 3D models can also be used to create both static images as well as AR experiences, so that users can see how a product might fit in their home. The company is also looking to invest in automating 3D modeling, QA, and asset management processes with AI. 

Dalia Lasaite, CEO and co-founder of CGTrader said in a statement: “3D models are not only widely used in professional 3D industries, but have become a more convenient and cost-effective way of generating amazing product visuals for e-commerce as well. With our ARsenal enterprise platform, it is up to ten times cheaper to produce photorealistic 3D visuals that are indistinguishable from photographs.”

CGTrader now plans to consolidate its position and further develop its platform.

The company competes with TurboSquid (which was recently acquired for $75 million by Shutterstock) and Threekit.


Source: https://techcrunch.com/2021/02/23/3d-model-provider-cgtrader-raises-9-5m-series-b-led-by-evli-growth-partners/

Alex Mike Feb 23 '21
Alex Mike

It would be an understatement to say that enterprise-focused startups have fared well during the pandemic. As organizations look to go remote, and the way we work has been flipped on its head, quickly-growing tech companies that simplify this transition are in high demand.

One such startup has, in fact, raised $61.5 million in the last 12 months alone. Electric, a company looking to put IT departments in the cloud, just announced the close of a $40 million Series C round. This comes after an extension of its Series B in March of 2020, when it raised $14.5 million, and then an additional $7 million from 01 Advisors in May of 2020.

This Series C round was led by Greenspring Associates, with participation from existing investors Bessemer Venture Partners, GGV Capital, 01 Advisors, Primary Venture Partners as well as new investors including Atreides Management and Vintage Investment Partners.

Electric launched in 2016 with a mission to make IT much simpler for small and medium-sized businesses. Rather than bringing on a dedicated IT department, or contracting out high-priced local service providers, Electric’s software allows one admin to manage devices, software subscriptions, permissions and more.

According to founder Ryan Denehy, the vast majority of IT’s work is administration, distribution, and maintenance of the broad variety of software programs at any given company. Electric does most of that job on behalf of IT, meaning that a smaller business only needs to worry about desk-side troubleshooting when it comes up, rather than the whole kit and caboodle.

Electric charges a flat price per seat per month, and Denehy says the company more than doubled its customer base in the last year. It now supports around 25,000 users across more than 400 individual customer organizations, which puts Electric just shy of $20 million ARR.

This is the first time Denehy has come anywhere close to sharing revenue numbers publicly, but it’s a good time to flex. The company has recently introduced a new lighter-weight offering that includes all of the same functionality as its more expensive product, but without access to chat functionality.

“The name of the game is just simplicity, simplicity, simplicity,” said Denehy. “Part of this is in response to the fact that people are realizing the permanence of hybrid work. During the pandemic, people stopped paying their landlords but they didn’t stop paying us. So in the summer, we started to focus on how we can create more offerings that we can get in the hands of more businesses and let them start their journey with us.”

Denehy says that a little less than half of Electric’s client base are tech startups, which makes sense considering the company launched in New York in a tech and media-centric ecosystem. As a way to expand into other verticals, Electric acquired Sinu, an IT service provider who happened to have an impressive roster of clients outside of Electric’s comfort zone, such as legal, accounting and non-profit.

Here’s what Denehy said at the time:

Organic market entry, even in adjacent markets can be extremely time consuming and expensive. Sinu’s team has done an excellent job winning and pleasing customers in a lot of industries where we currently don’t play but probably should. The combination of our two companies is a massive shot in the arm to our national expansion strategy.

Alongside growth, both of the Electric team and its customer base, the company is also investing in expanding its diversity programs and philanthropic efforts.

The Electric team is currently made up of just under 250 full-time employees, with 32.5 percent women and around 30 percent of employees being non-white. Specifically, nearly 12 percent of employees are Black and 10 percent are Latinx.

Denehy explained that he thinks of the company’s payroll, which is in the tens of millions of dollars, as one of the biggest ways he can make a change in the world.

“We will wait longer to fill a role to make sure that we have the most diverse pipeline of candidates possible,” said Denehy. “A lot of founders will say that nobody applied. Well, the reality is you didn’t look hard enough. We’ve just accepted that like it may take us longer to fill certain roles.”

This latest round brings Electric’s total funding to more than $100 million.


Source: https://techcrunch.com/2021/02/23/electric-raises-40m-series-c-to-put-small-business-it-in-the-cloud/

Alex Mike Feb 23 '21
Alex Mike

While usage of telehealth services have surged during the COVID-19 epidemic, there are some times when health professionals need to be around in person to conduct diagnostics tests. To help those telehealth companies bridge that gap is Axle Health, a company currently enrolled in the latest cohort from the Y Combinator accelerator.

“In terms of the professionals that we send in home, they’re phlebotomists, NAs, RVNs, and RNs as well,” said Axle co-founder Connor Hailey.

In a sad reflection of the times, most of the calls the company’s getting are COVID-19 related, Hailey said.

And while the company currently doesn’t accept insurance, many of the companies on the platform choose a price they want to charge their patients and then seek reimbursement from insurers from those costs, according to Hailey.

“There are very few patients that are paying cash. Our services in the home are what would come out of pocket,” Hailey said. Those fees vary by the licensure level of the visiting health care worker. An in-home COVID-19 test could be $40 and a phlebotomist providing a blood draw would cost about the same amount, said Hailey.  

The company launched its service at the end of January and is seeking to expand its treatment options to more than just COVID-19 testing, but for now, it’s simply responding to market demand.

Hailey launched the business after spending a few years working at ZocDoc and then spending some time at Uber. What motivates Hailey and company co-founder Adam Stansell is providing similar concierge services at lower costs for a broader base of patients, Hailey said.

“The rich have access to in-home care can we make it economical enough so that we can bring it to everyone,” he said. 


Source: https://techcrunch.com/2021/02/23/y-combinator-company-axle-health-is-bringing-on-demand-home-testing-services-to-telehealth-providers/

Alex Mike Feb 23 '21
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