Month: June 2018

A company you’ve probably never heard of is quietly building a fleet of self-driving semis that could revolutionize the trucking industry. And the founder says it has one big advantage over Tesla, Uber, and Waymo (TSLA)

starsky robotics self driving trucks

  • Starsky Robotics, a San Francisco startup that makes self-driving semi-trailer trucks, says it wants to put driverless big rigs on the road this year.
  • That’d put the startup well ahead of Tesla, which predicts its hauler — the Semi — will go into production in 2019.
  • Starsky Robotics’ CEO says, “I don’t think Tesla’s in the race.”

You’ve probably never heard of Starsky Robotics, a San Francisco startup that wants to put driverless semi-trailer trucks on the road later this year.

The company faces significant competition from transportation juggernauts such as Waymo, Uber, and Tesla, who are also working on big rigs that drive themselves.

But Stefan Seltz-Axmacher, the 28-year-old cofounder and CEO of Starsky Robotics, says he isn’t worried, simply because he doesn’t think trucking is a priority for his rivals.

“I don’t think Tesla’s in the race. Honestly, I think Waymo, Tesla, and Uber all have their leftover people working on trucks, or maybe their up-and-comers who are trying to make a name for themselves on a less important team,” Seltz-Axmacher said.

Founded in 2015, Starsky Robotics — named for the trucking slang term for when drivers work in teams, like the title characters of the ’70s TV series “Starsky & Hutch” — aims to have driverless semi-trailer trucks on the road before the end of 2018, Seltz-Axmacher said.

It could be a first, beating all those rivals.

The system they’re building has big rigs drive themselves in simple highway conditions and has human drivers take remote control from miles away when the trucks encounter anything weird or complicated. The plan is to eventually hire dozens of drivers, who will each monitor several trucks at once from the safety of a computer screen.

Before the year’s end, Seltz-Axmacher says Starsky Robotics will beat Tesla to putting self-driving semi-trucks on the road — without a human in the driver seat.

The company may already be halfway there. Starsky Robotics has been hauling freight for other companies and making money since April 2017, with a small number of self-driving-but-manned vehicles operating in southeastern parts of the US.

Starsky Robotics employs seven drivers, and its trucks cover about 150 miles every day, according to Seltz-Axmacher.

starsky robotics self driving trucks stefan seltz axmacher 3

And while its competitors are focused on ride-hailing, electric vehicles, and self-driving cars, Seltz-Axmacher says Starsky Robotics has eyes on long-haul trucking only.

“Saying that we’re better than Tesla is like an average baseball player saying that they’re better at baseball than Michael Jordan,” Seltz-Axmacher said. “I don’t know if we’re going to be better at basketball, but I don’t really care about basketball in this case.”

‘Least qualified person in this entire industry’

The entrepreneur describes himself as the “least qualified person in this entire industry” to disrupt long-haul trucking. He became interested in trucking as a college student and intern at a manufacturing company based outside Philadelphia.

One day on the job, he learned that buying a new, diesel semi-trailer Class 8 truck will set you back $150,000, and that most drivers buy their own vehicles. By comparison, some Lamborghinis start at $200,000.

The cost of getting into the business, combined with poor working conditions, solitude, and life-threatening job hazards, makes long-haul trucking one of the least desirable jobs in America. For these reasons and more, there’s a dire shortage of truckers nationwide, pushing up freight costs and, in turn, raising retail prices.

Seltz-Axmacher thinks self-driving semi-trucks can help.

Starsky Robotics employs regular truck drivers, who are familiar with operating these vehicles, to drive using a remote-controlled steering wheel and pedals from inside a Starsky Robotics office. For now, the company also puts a human in the driver seat.

The goal is not to replace the human behind the wheel, the company says, but to relocate them to a driving simulator. Seltz-Axmacher hopes those drivers will spend more time with their families and friends — and avoid the accidents and injuries that befall long-haul truckers all too often.

Trucking rivals

Starsky isn’t the only one working on building this future.

tesla semi

Rival Uber’s self-driving trucks have been hauling freight on Arizona highways for several months now. The ride-hailing giant said in March that it was not ready for driverless.

Tesla revealed its hulking hauler, which has electric motors and a 500-mile range, at a splashy unveiling in November. The vehicle made its first cargo trip in March, carrying battery packs from Gigafactory 1, in Nevada, to Tesla’s Fremont factory, in California.

The all-electric truck, called the Semi, isn’t supposed to go into production until 2019.

starsky robotics self driving trucks stefan seltz axmacher 2

Tesla has hit a rough patch. The electric-car giant on Monday announced plans to lay off about 9% of its employees amid efforts to restructure the organization and turn a profit. Tesla has already slashed its Model 3-production targets for the year as it struggles to fill orders.

Even so, Seltz-Axmacher says he has no desire to bad-mouth Tesla’s Elon Musk.

“It’s all fun to talk about how Goliath sucks when Goliath’s doing great and you’re the little David,” he said. “But when Goliath is, like, on their knees and can’t walk and is using a cane, picking on them, that’s not the best use of my time.”

SEE ALSO: Elon Musk said the 2 things that stress him out most are Tesla Model 3 production and the dangers of AI

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NOW WATCH: Watch Elon Musk show off Tesla’s first electric semi — which can go from 0-60 mph in five seconds

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Chattanooga, Tennessee has found a way to reinvent itself as a startup center of the South

rise of the rest tour

  • Chattanooga, Tennessee has a promising startup scene that is intimately supported by the city government.
  • The city struggled for decades in the wake of post-industrialization, but was reinvigorated by city-operated high-speed internet and pro-entrepreneur policies.
  • AOL cofounder Steve Case highlighted the city’s scene in May through his Rise of the Rest bus tour.
  • This article is part of Business Insider’s ongoing series on Better Capitalism.

My introduction to Chattanooga, Tennessee hinted at what I’d find during my visit there. Mayor Andy Berke, who’s led the city since 2013, visited my New York office in March accompanied by Bellhops CEO Luke Marklin, whose moving company has raised $30 million. They told me the story of the city’s startup-fueled revival, and when I visited it in May, for AOL cofounder Steve Case’s “Rise of the Rest” bus trip, I saw that the mayor’s publicity tour alongside a local success story represented a bigger story.

Chattanooga is a fairly small city, with a population of 175,000 — and a greater metro area of more than half a million (Nashville’s population is around 684,000) — but it’s using that to its advantage. After speaking with the mayor, leaders in the chamber of commerce, about a dozen local entrepreneurs and hearing from more, I saw how passionately everyone wants each other to succeed, and how intimately involved the mayor is. George Brown is the founder of Aegle Gear, which wants to be the Under Armour of performance medical scrubs, and he told me that one of the reasons he loves the city is because he can get the mayor on the phone.

chattanooga mayor berke

Berke prioritizes this image of Chattanooga, especially because of where the city has been. “The city that I grew up in was a city that was dying,” Berke said, of Chattanooga during its troubled post-industrialization period in the latter half of the 20th century. There’s been more than $1 billion invested in the city’s downtown over the last few years, and a large portion of it has benefited the startup scene.

A pillar of Berke’s mayorship is the growth of an “Innovation District” tailored to entrepreneur’s needs, and that also takes advantage of the city-controlled fiber optic network, providing some of the fastest internet speeds in the US.

Chattanooga’s startup scene is still in its nascent stage, but so far it’s been an excellent example of what Case and his team envision.

For the past four years, Case has been leading Rise of the Rest bus tours across the United States through his Washington, DC-based venture capital firm Revolution, stopping to explore and invest $100,000 in the winner of a pitch contest. Case is convinced that while Silicon Valley, New York City, and Boston (where 75% of all venture capital in the US goes) will continue to be hotbeds of innovation, America’s startup future is going to thrive across the country, as the “Internet of Things” becomes the “Internet of Everything.” That is, we’re shifting focus from things like light bulbs that you can control with a smartphone app to things like entirely new ways of tracking agricultural data in real time.

rise of the rest tour

To facilitate his thesis, Case has built a network of 38 cities across 26 states, and put former Valley investor and “Hillbilly Elegy” author JD Vance in charge of a $150 million seed fund. The goal is not to make a bunch of mini Valleys throughout America, but to support ecosystems that play on existing industries and networks, thriving through partnerships.

rise of the rest chattanooga freightwaves

“I see what’s going on in the next wave of innovation, the next wave of technological change, as really depending on things that places like Chattanooga are good at, as opposed to the things that Silicon Valley are good at,” Vance told the audience at a breakfast event during the Rise of the Rest bus stop.

It makes sense, then, that the Revolution team picked FreightWaves, a freight market data company, as the winner of the pitch contest that evening. Founder and CEO Craig Fuller is the son of the cofounder of US Xpress, the largest freight company in the US and the firm largely responsible for making Chattanooga a freight hub. Fuller started his own company, which provides real-time data on freight markets throughout North America, in Texas but moved it to his hometown last year. FreightWaves is now a Chattanooga success story: Fuller said it’s on track for $13 million in revenue this year, it closed a $15.75 million Series A round a few weeks after the tour, and Fuller intends for it to be the first Chattanooga company worth $1 billion.

That’s not to say that the city only cares about companies like Bellhops and FreightWaves. In fact, the entrepreneurial ecosystem is working to educate and propel founders who otherwise would have remained hobbyists or small business owners, unaware of their potential to build a company to scale. CPR Wrap founder and CEO Felicia Jackson is an ideal test case.

cpr wrap chattanoogaJackson has had a full career as a physical therapist and is trained in CPR. But, back in 2002, when her two-year-old son went into cardiac arrest after choking, she froze. Thankfully, her husband was able to resuscitate their child. It triggered an idea for a medical accessory that could be placed over a person’s mouth and chest, providing instructions for performing CPR.

It wasn’t until 2015 that Jackson turned this idea into a company with the help of Chattanooga’s startup accelerator, Co.Lab, which started in 2008. She then received further training from the entrepreneur city Launch (which began in 2010, and then the Incubator (which Hamilton County opened in 2011).

Jackson sold $30,000 of her product last year and has made distribution deals with both Walmart and one of America’s largest airlines. She told me that the city’s resources empowered her to be the entrepreneur she otherwise never would have become, noting that while her startup path was unconventional, “Don’t underestimate the power of a mother.”

During the Rise of the Rest trip, the mayor and founders were open about the ways Chattanooga’s startup scene needs to improve. Aside from the need for establishing a national reputation for the city, Chattanoogans who aren’t involved or excited about the startup scene either don’t know it exists, or are wary of it.

marcus shaw chattanoogaIt’s a matter now of convincing them that both the FreightWaves and CPR Wraps that are growing will provide jobs and income for the city, without sacrificing the small town feel and natural beauty of the city, which won Outside magazine’s “Best place to live in the US” twice.

And if the scene’s growth continues, at some point the exceptionally supportive network that has allowed Chattanooga to transform may become more competitive, and thus less exceptional.

But for now, the small Tennessee city with the memorable name and old-time hit song about a “choo-choo” is out to prove itself, and doing a good job. “This is special,” Rise of the Rest partner David Hall told me. “It’s got everything. I’m shocked at how well it all works out.”

“Once you’ve been stamped as a city of entrepreneurs,” Co.Lab CEO Marcus Shaw said, “you can’t stop this train.”

SEE ALSO: AOL cofounder Steve Case is betting $150 million that the future of startups isn’t in Silicon Valley or New York, but the money isn’t what’s making his prediction come true

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NOW WATCH: 80% of startup money goes to 3 states — here’s what one visionary is doing to help spread the wealth

El 2 de julio se podría anunciar un nuevo OnePlus 6 en color rojo

Atrás quedaron los años en los que los terminales que llegaban al mercado, únicamente lo hacían en color negro y con materiales de plástico, que nos permitían en la mayoría de los casos, reemplazar la batería de los terminales. La adopción del aluminio por parte de los fabricantes, amplió la gama de colores de los terminales.

A día de hoy, muchos son los fabricantes que lanzan sus dispositivos en diferentes colores y acabamos. Mientras que algunos fabricantes únicamente los presentan el día de su puesta de largo, otros fabricantes como Apple y Samsung, se esperan a que pasen los meses, cuando el interés por el terminal ha podido caer. OnePlus se sitúa entre medias.

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Mucho hemos hablado del OnePlus 6, un terminal con el que la compañía se ha dado a conocer en casi todo el mundo, con un terminal  que nos ofrece,  como siempre, una relación calidad-precio muy difícil de superar por la competencia. OnePlus ha compartido a través de Twitter un pequeño vídeo de 15 segundos en el que se muestran diferentes escenas en un color rojo intenso. En el tweet, también se comparte el código hexadecimal de color: C61422, código que pertenece al rojo.

Slashleaks ha publicado una imagen en la que podemos ver una imagen filtrada de como será el OnePlus 6 rojo, un atrevido acabado para la parte posterior del terminal que lo hace extremadamente llamativo. No sería el primer terminal de la compañía con este color, ya que principios de año, lanzó el OnePlus 5T, un terminal en color rojo lava, aunque limitado a un grupo reducido de países, algo que desgraciadamente suele ser habitual en este tipo de ediciones.

Esperemos que ahora que OnePlus ha ampliado sus canales de distribución, deje de limitar estas ediciones especiales a ciertos países, donde casualmente siempre se encuentra la India.

How to watch Spain vs Russia: live stream World Cup football free from anywhere

Just 16 teams are left from the group stages of the World Cup 2018 and your chance to live stream the Spain vs Russia match for free has arrived.

Group B winners Spain will face Group A runners-up and host nation Russia. The Russian side – ranked the lowest from all the teams at the World Cup – have exceeded all expectations to get this far. Spain also faced a challenge with a tough group following that incredible 3-3 draw against Portugal in the opening game and another draw against Morocco in the final clash. Russia smashed Saudi Arabia 5-0 and beat Egypt 3-1. So expect a high scoring game, potentially. You can watch it all live from anywhere in the world using this handy guide.

Don't miss out on any of the action by reading the World Cup watching guide which will help you not only get excited for the build up but catch every game no matter where you are.

Use a VPN to watch the World Cup 2018 from anywhere for FREE

You don't have to miss a single minute of World Cup soccer – even if the country where you are isn't broadcasting certain games. Because every second of action is being shown somewhere (the UK, for example, is televising every game for free – see below), you can simply use a VPN to login to a region that is broadcasting the game. And it's really easy to do:

How to stream Spain vs Russia live in the UK 

How to watch Spain vs Russia: US live stream 

How to watch Russia vs Spain: Canada live stream 

How to watch Spain vs Russia: Australia live stream 

How to watch Russia vs Spain: New Zealand live stream 

Exclusive World Cup competition with VyprVPN

from TechRadar – All the latest technology news http://www.techradar.com/news/how-to-watch-spain-vs-russia-live-stream-world-cup-football-free-from-anywhere

Crypto exchange Uphold is the latest to use M&A to trade securities, just 3 weeks after Coinbase did the same thing

Adrian Steckel

  • Uphold, a cryptocurrency and global currency exchange, has looked to acquisition to get the licenses necessary to trade securities in compliance with the Securities and Exchange Commission.
  • On Wednesday, Uphold announced its plans to acquire JNK Securities Corp., a registered broker-dealer that works with institutional clients.
  • While Uphold doesn’t trade stocks, it does sell eight cryptocurrencies, and industry insiders expect the SEC to regulate some cryptocurrencies as securities in the near future.
  • Coinbase, a competitor of Uphold, announced a similar acquisition on June 6.

Uphold, a cryptocurrency and global currency exchange, just made a major move toward becoming a licensed securities trader.

On Wednesday, Uphold announced its plans to acquire JNK Securities Corp., a registered broker-dealer that has the licenses necessary to trade any cryptocurrencies that may be regulated as securities by the US Securities and Exchange Commission.

“We’ve been following what the SEC and other regulators have been saying very closely, and we’re aware of their view that many tokens may be considered securities,” Uphold’s general counsel, Ben Sherwin, told Business Insider.

“There’s some uncertainty, so we’re trying to stay at the forefront, and we believe that this is the direction that things are moving,” Sherwin said.

Cryptocurrency exchanges in the US have historically gone unlicensed since US regulatory agencies haven’t taken an official stance on whether cryptocurrencies are considered securities.

Earlier this month, the agency indicated that it didn’t view the two most popular coins, bitcoin and ether, as under its jurisdiction, though the SEC is expected to formally regulate many of the smaller cryptocurrencies as securities in the near future.

Uphold, which traded 30 currencies including eight cryptocurrencies, has also filed applications with the Financial Industry Regulatory Authority. Once that’s approved, Uphold said, it will apply for an alternative-trading-system license with the SEC.

Once it has these licenses, Uphold will be able to sell and trade the tokens generated through initial coin offerings with oversight from regulatory bodies.

Coinbase, a competitor of Uphold, announced a similar acquisition on June 6 — a deal that gave the bitcoin exchange a broker-dealer license, an ATS license, and a registered-investment-adviser license.

JNK Securities Corp., which does trading and research for institutional clients, will continue to operate its existing businesses.

The terms of the deal were not disclosed.

SEE ALSO: An early Coinbase and Twitter investor just gave Uphold $57.5 million to add Ripple and insure against hacks

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NOW WATCH: Here’s why the US Men’s team sucks at soccer

Goldman Sachs has created a new team to take on high-speed traders like Virtu and Citadel Securities at their own game (GS)

Goldman Sachs

  • Goldman Sachs is hoping a brand new technology team will help the trading giant better compete with the fastest traders on Wall Street.
  • Raj Mahajan, who joined the firm in 2015, will run the new group alongside Konstantin Shakhnovich and Ezra Nahum.
  • The three will report jointly to the chief information officer and the leaders of the securities division. 
  • Large banks are looking for ways to compete more effectively with the likes of Citadel Securities and Virtu, which have shown an ability to innovate more quickly due to their smaller teams and flatter organizational structure. 

Goldman Sachs is taking a bold step to improve teamwork in its securities division and better compete with the fastest traders on Wall Street.

The investment bank has created an engineering unit within its sales-and-trading division that will now oversee the front-to-back development and management of trading systems, according to a series of internal memos obtained by Business Insider. 

Raj Mahajan, brought on in early 2015 to overhaul the technology underpinning Goldman’s equities trading unit, will be one of three co-heads of the new division. Konstantin Shakhnovich and Ezra Nahum will also share duties.

All three will report jointly to Elisha Wiesel, the firm’s chief information officer, and the leaders of the securities division, which houses the units trading stocks, commodities, currencies and fixed income securities.

The new structure replaces a patchwork of technology teams that didn’t always answer to the securities division leaders. And the new team will be in charge of just about every technology function that touches a trade, from the moment it comes into the firm to the final stages of clearing and settling.

Integrating the process, front-to-back, under one team means the securities division will own the technology and, in theory, allow it to be more nimble in answering client demands.

A common complaint across Wall Street has long been that engineering and control employees who don’t interact with clients aren’t as attuned or accountable to customer needs as the front-line traders. That’s been true at Goldman Sachs as well, according to insiders. 

That structure has held back Wall Street banks like Goldman as they look for ways to compete more effectively with the likes of Virtu and Citadel Securities, newer market-making entrants that have shown an ability to innovate more quickly due to their smaller teams and flatter organizational structures.

Elsewhere on Wall Street, Credit Suisse has taken a similar approach to better position themselves against the fastest traders on Wall Street. Recently, the firm announced it was bringing together high touch, program trading, and electronic trading groups under a single umbrella, led by electronic trading veteran Anthony Abenante.

Investors are also judging banks on how fast or cheaply they can execute trades after new European rules forced the separation of trading commissions from research. In the past, many banks could count on trading business in return for valuable research.

The reshuffling also addresses one of David Solomon’s key concerns. The Goldman Sachs president and presumptive replacement for CEO Lloyd Blankfein has been considering ways to improve internal communication so that the bank can more seamlessly deliver products and services for clients, according to people familiar with his thinking.

There’s a belief that the divisional structure and existing silos may be preventing Goldman from best serving clients. There’s talk internally about considering a different setup than the historical divisional setup, according to people with knowledge of the discussions. 

Mahajan’s elevation also means new jobs for other executives. Michele Docharty, co-head of synthetic product distribution, will also now run global execution services in the Americas, while Liz Martin will handle the global day-to-day responsibilities for electronic trading from London. Notably, they are among the more senior women in the securities division. 

Sean Hoover, co-head of global execution services with Mahajan since 2016, will exit the firm. 

SEE ALSO: Credit Suisse just announced a major shakeup in its electronic trading business to compete with the fastest traders on Wall Street

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NOW WATCH: From affordable housing to money transfers for immigrants — a $1 billion impact investor explains how she makes money while making the world a better place

La actualización del Xiami Mi A1 a Android Ore 8.1 ya disponible pero con problemas

Todas las actualizaciones que los fabricantes lanzan para sus dispositivos móviles, pasan previamente por una fase beta, fase en la que los usuarios que quieran probar antes que nadie las novedades que nos ofrecerá esa próxima versión, puede hacerlo sin ningún tipo de problemas, eso si, en ocasiones sufriendo algunos problemas de estabilidad.

La mayoría de fabricantes Android, han tenido una serie de problemas a la hora de actualizar sus terminales a Android 8.0, una actualización que les obligó a retirarla del mercado durante unos días para solucionar los problemas que estaba ocasionando, algo difícil de entender cuando ha pasado por una fase beta. Parece que la actualización a Android Oreo 8.1 del Xiaomi Mi A1 está siguiendo el mismo camino.

Xiaomi ha comenzado ha liberado, de momento en unos pocos países, la actualización a la última versión estable de Android, 8.1, una actualización que automáticamente puede eliminar todo el historial de mensajes de texto que tengamos en nuestro terminal. Puede que para muchos usuarios esto no sea un problema, ya que no se comunican con esta vía, pero si que es probable que en ese historial tengamos algún mensaje que hemos recibido que tenemos almacenado y que no queremos borrar.

Esta actualización, no solo actualiza el terminal a Android 8.1, sino que los chicos de Xiaomi han aprovechado par lanzar el parche de seguridad correspondiente al mes de junio de este año. Además, según podemos leer en los detalles de la actualización, también se mejora el rendimiento y la estabilidad del dispositivo.

La actualización ocupa 1.157.5 MB, por lo que es conveniente realizare esta operación cuando sepamos que no vamos a utilizar el teléfono durante una hora aproximadamente, entre que se descargar y se instala la actualización. Eso si, si tienes algún mensaje de texto que almacenado en tu terminal que no quieres perder, haz una captura de pantalla y almacenado fuera del terminal.

Además, como siempre, también es conveniente realizar una copia de seguridad de todo el terminal antes de realizar la actualización, por si fallara algo durante el proceso, nunca se sabe, y así nos evitamos un disgusto.