Specializing in Computer Repair, Networking, Internet Solutions, Web Designing, Hybrid App Designing and Windows Operating systems.
In a final ruling, Egypt's court orders regulators to block YouTube for one month over the 2012 “Innocence of Muslims” video that denigrates Prophet Mohammad — CAIRO (Reuters) - Egypt's top administrative court ruled on Saturday that regulators must block the video file-sharing site YouTube …
After an outcry among fans following Syfy’s discontinuation of the series on its network, The Expanse will be getting a fourth season on Amazon Prime after an announcement from Jeff Bezos.
Bezos revealed the news at the International Space Development Conference where members of the show’s cast were amongst those in the audience.
The show based on the book series by James S.A. Corey is currently in its third season on the Syfy network. The critically-acclaimed political conspiracy series set in a colonized solar system of the future has been heralded as one of the network’s best but it couldn’t find high ratings on Syfy, leaving Alcon Entertainment to begin shopping the show around to different networks earlier this month to find a home for the fourth season.
Amazon will certainly bring a wider audience to the show, and with Amazon still trailing Netflix in terms of original content, bringing over a big fanbase is beneficial to the company’s video streaming platform as well.
CEOs of funded startups tend to be a well-educated bunch, at least when it comes to university degrees.
Yes, it’s true college dropouts like Mark Zuckerberg and Bill Gates can still do well. But Crunchbase data shows that most startup chief executives have an advanced degree, commonly from a well-known and prestigious university.
Earlier this month, Crunchbase News looked at U.S. universities with strong track records for graduating future CEOs of funded companies. This unearthed some findings that, while interesting, were not especially surprising. Stanford and Harvard topped the list, and graduates of top-ranked business schools were particularly well-represented.
In this next installment of our CEO series, we narrowed the data set. Specifically, we looked at CEOs of U.S. companies funded in the past three years that have raised at least $100 million in total venture financing. Our intent was to see whether educational backgrounds of unicorn and near-unicorn leaders differ markedly from the broad startup CEO population.
Here’s the broad takeaway of our analysis: Most CEOs of well-funded startups do have degrees from prestigious universities, and there are a lot of Harvard and Stanford grads. However, chief executives of the companies in our current data set are, educationally speaking, a pretty diverse bunch with degrees from multiple continents and all regions of the U.S.
In total, our data set includes 193 private U.S. companies that raised $100 million or more and closed a VC round in the past three years. In the chart below, we look at the universities most commonly attended by their CEOs:1
The rankings aren’t hugely different from the broader population of funded U.S. startups. In that data set, we also found Harvard and Stanford vying for the top slots, followed mostly by Ivy League schools and major research universities.
For heavily funded startups, we also found a high proportion of business school degrees. All of the University of Pennsylvania alum on the list attended its Wharton School of Business. More than half of Harvard-affiliated grads attended its business school. MBAs were a popular credential among other schools on the list that offer the degree.
When it comes to the most heavily funded startups, the degree mix gets quirkier. That makes sense, given that we looked at just 20 companies.
In the chart below, we look at alumni affiliations for CEOs of these companies, all of which have raised hundreds of millions or billions in venture and growth financing:
One surprise finding from the U.S. startup data set was the prevalence of Canadian university grads. Three CEOs on the list are alums of the University of Waterloo. Others attended multiple well-known universities. The list also offers fresh proof that it’s not necessary to graduate from college to raise billions. WeWork CEO Adam Neumann just finished his degree last year, 15 years after he started. That didn’t stop the co-working giant from securing more than $7 billion in venture and growth financing.
Analysis: IBM and Oracle are tens of billions behind Amazon, Google, and Microsoft in CAPEX, and grow way slower in cloud infrastructure from a much lower base — In previous installments (2017, 2018) of Follow the CAPEX™ (merch store opening soon!), we've looked at the capital expenditures behind …
It’s been a long night at VivaTech. The building hosted a very special competition — the very first TechCrunch Hackathon in Paris.
Hundreds of engineers and designers got together to come up with something cool, something neat, something awesome. The only condition was that they only had 24 hours to work on their projects. Some of them were participating in our event for the first time, while others were regulars. Some of them slept on the floor in a corner, while others drank too much Red Bull.
We could all feel the excitement in the air when the 64 teams took the stage to present a one-minute demo to impress fellow coders and our judges. But only one team could take home the grand prize and €5,000. So, without further ado, meet the TechCrunch Hackathon winner.
Nicolas Bacca, CTO, Ledger
Nicolas worked on card systems for 5 years at Oberthur, a leader in embedded digital security, ultimately as R&D Solution Architect. He left Oberthur to launch his company, Ubinity, which was developing smartcard operating systems.
He finally co-founded BT Chip to develop an open standard, secure element based hardware wallet which eventually became the first version of the Ledger wallet.
Charles Gorintin, co-founder & CTO, Alan
Charles Gorintin is a French data science and engineering leader. He is a cofounder and CTO of Alan. Alan’s mission is to make it easy for people to be in great health.
Prior to co-founding Alan, Charles Gorintin was a data science leader at fast-growing social networks, Facebook, Instagram, and Twitter, where he worked on anti-fraud, growth, and social psychology.
Gorintin holds a Master’s degree in Mathematics and Computer Science from Ecole des Ponts ParisTech, a Master’s degree in Machine Learning from ENS Paris-Saclay, and a Masters of Financial Engineering from UC Berkeley – Haas School of Business.
Samantha Jérusalmy, Partner, Elaia Partners
Samantha joined Elaia Partners in 2008. She began her career as a consultant at Eurogroup, a consulting firm specialized in organisation and strategy, within the Bank and Finance division. She then joined Clipperton Finance, a corporate finance firm dedicated to high-tech growth companies, before moving to Elaia Partners in 2008. She became an Investment Manager in 2011 then a Partner in 2014.
Laure Némée, CTO, Leetchi
Laure has spent her career in software development in various startups since 2000 after an engineer’s degree in computer science. She joined Leetchi at the very beginning in 2010 and has been Leetchi Group CTO since. She now works mainly on MANGOPAY, the payment service for sharing economy sites that was created by Leetchi.
Benjamin Netter, CTO, Lendix
Benjamin is the CTO of Lendix, the leading SME lending platform in continental Europe. Learning to code at 8, he has been since then experimenting ways to rethink fashion, travel or finance using technology. In 2009, in parallel with his studies at EPITECH, he created one of the first French applications on Facebook (Questions entre amis), which was used by more than half a million users. In 2011, he won the Foursquare Global Hackathon by reinventing the travel guide with Tripovore. In 2014, he launched Somewhere, an Instagram travel experiment acclaimed by the press. He is today reinventing with Lendix the way European companies get faster and simpler financing.
And finally here were our hackmasters that guided our hackers to success:
Emily Atkinson, Software Engineer / MD, DevelopHer UK
Emily is a Software Engineer at Condé Nast Britain, and co-founder & Managing Director of women in tech network DevelopHer UK. Her technical role involves back-end services, infrastructure ops and tooling, site reliability and back-end product. Entering tech as an MSc Computer Science grad, she spent six years at online print startup MOO – working across the platform, including mobile web and product. As an advocate for diversity and inclusion in STEM & digital in 2016 Atkinson launched DevelopHer, a volunteer-run non-profit community aimed at increasing diversity in tech by empowering members to develop their career and skills through events, workshops, networking and mentoring.
Romain Dillet, Senior Writer, TechCrunch
Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to fashion, Apple, AI and complex tech achievements. He also speaks at major tech conferences. He likes pop culture more than anything in the world.
Sources: China to approve Qualcomm-NXP deal in next few days, but with conditions, as regulators fear merged company's dominance in areas like mobile payments — Chinese regulators have expressed concerns that the merged company would crowd out domestic businesses in areas such as mobile payments
Investigation reveals US national security panel CFIUS lacks resources to vet all investment and M&A deals that give the Chinese access to cutting-edge US tech — The U.S. fails to adequately police foreign deals for next-generation software that powers the military and American economic strength.
After meeting with Chinese Vice Premiere Liu He this week, President Trump is still considering easing penalties on Chinese telecommunications giant ZTE over its violation of sanctions against Iran and North Korea. But what Mr. Trump may not realize is that ZTE is also one of the world’s most notorious intellectual property thieves — perhaps even the most notorious of all.
Since stopping Chinese theft of U.S intellectual property is one of the President’s most important trade objectives, Mr. Trump should refuse to ease sanctions against ZTE until it stops its high-tech banditry and starts playing by the rules in intellectual property (IP) matters.
To get a sense of just how egregious ZTE’s behavior truly is, we need only to consult PACER, the national index of federal court cases. A search of PACER reveals that in the U.S. alone, ZTE has been sued for patent infringement an astonishing 126 times just in the last five years. This number is even more shocking when you consider that only a subset of companies who believe their IP rights have been violated by ZTE has the means or the will to spend the millions of dollars needed to wage a multi-year lawsuit in federal courts.
But ZTE’s IP thievery is not confined just to the United States. According to one Chinese tech publication, ZTE has also been sued for patent infringement an additional 100 times in China, Germany, Norway, the Netherlands, India, France, the United Kingdom, Canada, Australia, and other countries. As an intellectual property renegade, ZTE certainly gets around.
Even when it’s not being sued, ZTE thumbs its nose at the traditional rules of fair play in intellectual proper matters, commonly engaging in delay, misrepresentation, and hold out when dealing with patent owners. While ZTE is more than happy to accept royalty payments for the use of its own intellectual property, it rarely if ever pays for the use of others’ IP.
Consider ZTE’s treatment of San Francisco-based Via Licensing Corp, a Swiss-neutral operator of patent pools covering wireless, digital audio, and other building-block components of complex products. Patent pools offer one-stop shopping for product makers to acquire licenses to patents from multiple innovative companies at once. Pools are generally a more efficient, and less litigious, way for product makers to acquire the IP rights they need at reasonable prices.
In 2012, ZTE joined Via’s LTE wireless patent pool, whose members also include Google, AT&T, Verizon, Siemens, China Mobile, and another Chinese tech powerhouse, Lenovo, maker of Motorola-branded smartphones. It helped set the royalty pricing of the pool’s aggregated patent rights, and even received payments from other product makers for their use of ZTE’s own patents within the pool.
But in 2017, precisely when it was ZTE’s turn to pay for its use of other members’ patents in Via’s LTE pool, it suddenly and without ceremony quit the patent pool. Via and its member companies are still trying to get ZTE to pay for its use of their intellectual property — and to abide by the very rules it helped establish in the first place.
Even among much-criticized Chinese companies, ZTE’s behavior is completely outside the norm. Despite what you may hear, some Chinese companies are actually good IP citizens — Lenovo for one. In fact, Via’s various patent pools include more than two dozen Chinese companies who play by the rules.
But ZTE is not one of them. It is a blatant serial IP violator who gives other Chinese companies a bad name. And our government should not reward such behavior.
Ease sanctions on ZTE only when it finally starts respecting intellectual property rights.
Lawyers, journalists, and other key players talk about the antitrust case against Microsoft, and how it may relate to today's dominance of Google and Facebook — Twenty years ago, Microsoft tried to eliminate its competition in the race for the future of the internet. The government had other ideas.
Just how big Fortnite? Very big. Very, very big. $296 million in April, big. That’s according to SuperData Research (via The Verge), a service that tracks digital game sales. The number, which includes sales from the console, mobile and PC versions of the game, is up $73 million from just last month.
The sandbox’s survival game’s April numbers are also more than double the $126 million it earned back in February. The title is currently atop Superdata’s console chart, and is number five on the PC, several slots ahead of PlayerUnknown’s Battlegrounds. According to the survey it “once again it broke the record for most additional content revenue in a single month by a console game.”
As for mobile, the title didn’t crack the top 10, but the smartphone has clearly been a driving force in recent growth. Fortnite arrive on iOS in the middle of March, and its upcoming jump to Android is likely to push the title’s success even further. And then, of course, there’s the prize pools.
Earlier this month, Epic added a competition that let players compete for large sums of its in-game currency, V-Bucks. And just this week, the company announced plans to spend $100 million real world dollars on Fornite eSports competitions for the next two years.
