Author: Danny Crichton

Amazon did exactly what it should have with its HQ2 process

TECHCRUNCH I love my colleague Jon Shieber, he’s a great guy. But his arguments against Amazon’s HQ2 process are just wrong, and are part of an increasingly poisonous atmosphere around employment growth and prosperity in America. Our normally-scheduled analysis of AI and semiconductors will (hopefully) restart tomorrow. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the author at danny@techcrunch.com if you like or hate something here. A tale of three arguments Shieber’s pointed argument yesterday falls in line with the wider debate about gentrification...

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Open sourcing analysis, plus US, China and HQ2

TECHCRUNCH The big news today is that — finally — we have Amazon’s selection of cities for its dual second headquarters (Northern Virginia and NYC). Then some notes on China. But first, semiconductors and open sourcing analysis. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the authors: Danny at danny@techcrunch.com or Arman at Arman.Tabatabai@techcrunch.com if you like or hate something here. Pivot: Future of semiconductors, chips, AI, etc. Last week, I focused on SoftBank’s debt and Form D filings by startups. On Friday, I asked what I should start to analyze next. There were several feedback hotspots, but the one that popped out to me was around next-generation chips and the battle for dominance at the hardware layer. As a software engineer, I know almost nothing about silicon (the beauty of abstraction). But it is clear that the future of all kinds of workflows will increasingly be driven by capabilities at the hardware/silicon level, particularly in future applications like artificial intelligence, machine learning, AR/VR, autonomous driving, and more. Furthermore, China and other countries are spending billions to go after the leaders in this space such as Nvidia and Intel. Startups, funding, competition, geopolitics — we’ve got it all here. Arman and I are now diving deeper into this space. We will start to post...

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Okay, one final Form D note

TECHCRUNCH Some more comments from readers on the changing culture around startups filing their Form Ds with the SEC, and then a short update on SoftBank and a bunch more article reviews. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the authors: Danny at danny@techcrunch.com or Arman at Arman.Tabatabai@techcrunch.com if you like or hate something here. Lawyers are pretty uniform that disclosure is no longer ideal If you haven’t been following our obsession with Form Ds, be sure to read up on our original...

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Why we lie to ourselves, every day

TECHCRUNCH Human action requires motivation, but what exactly are those motivations? Donating money to a charity might be motivated by altruism, and yet, only 1% of donations are anonymous. Donors don’t just want to be altruistic, they also want credit for that altruism plus badges to signal to others about their altruistic ways. Worse, we aren’t even aware of our true motivations — in fact, we often strategically deceive ourselves to make our behavior appear more pure than it really is. It’s a pattern that manifests itself across all kinds of arenas, including consumption, politics, education, medicine, religion and...

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Translating startup-speak for the corporate buyer

TECHCRUNCH Perry Hewitt Contributor Perry Hewitt works at the intersection of marketing, technology, and mission-driven organizations. Startups salivate at the prospect of entering the enterprise – and for good reason. The enterprise is rife with legacy systems and circuitous processes that frustrate employees and hinder results — and the startup has just the perfect product to fix the problem. Too often though, the pitch to the enterprise falls flat or a promising pilot gets sidelined. Sometimes there’s a clear obstacle, like a mismatch between product and problem to be solved, an inability to scale, or the loss of an...

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One-year-old Ribbon raises $225m to remove the biggest stress of home buying

TECHCRUNCH Big problems require big war chests. Ribbon wants the biggest chest of them all. The startup, which was founded just about a year ago by ex-LendingClub head of strategic development Shaival Shah and ex-Twitter/TellApart engineer Jian Wei Gan (who, full disclosure, is married to TechCrunch columnist Joyce Yang), wants to replace the incredible stress of securing a mortgage during the home buying process with a Ribbon Offer: if a buyer can’t secure a mortgage in time for close, Ribbon will pay for the house itself and give the buyer extra time to get financing. It’s a simple premise,...

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In State Tectonics, an explosive ending for the future of democracy

TECHCRUNCH An omnipotent data infrastructure and knowledge-sharing tech organization has spread across the planet. Global conspiracies to disseminate propaganda and rig elections are ever present. Algorithms determine what people see as objective truth, and terrorist organizations gird to bring down the monopoly on information. Malka Older faces a problem few speculative science fiction authors face in their lifetimes: having their work become a blueprint for reality. The author, who began formulating her Centenal Cycle series just a few years ago, now finds that her plots have leapt off the page and have become the daily fodder for cable news...

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MIT announces new college of computing with $1 billion commitment

TECHCRUNCH MIT announced today that it is massively doubling down on the future of computer science with the launch of a new college of computing. The university is committing $1 billion in resources to the new school, and the university received a $350 million donation from Stephen A. Schwarzman, who will be the naming donor. MIT said that its commitment is the largest of a university yet to the discipline. The university is already one of the leaders in computer science, with a famed department located in the School of Engineering. The new initiative will see computer science, artificial...

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