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Google finance head joins Postmates board ahead of anticipated IPO

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Google’s vice president of finance, has joined Postmates’ board of directors, the latest sign that the on-demand food delivery startup is prepping to take the company public. Postmates announced Friday that Kristin Reinke, vice president of Finance at Google, will join the San Francisco startup as an independent director. Reinke has been with Google since 2005. Prior to Google, Reinke was at Oracle for eight years. Reinke also serves on the Federal Reserve Bank of San Francisco’s Economic Advisory Council. Her skill set will come in handy as Postmates creeps towards an IPO. Earlier this year, the company lined up a  $100 million pre-IPO financing that valued the business at $1.85 billion. Postmates is backed by Tiger Global, BlackRock, Spark Capital, Uncork Capital, Founders Fund, Slow Ventures and others. Spark Capital’s Nabeel Hyatt tweeted the news earlier Friday. Happy to welcome Kristin to the board of @Postmates . Great times ahead. https://t.co/nEqu3A2YkE — Nab...

SpaceX aims to provide commercial Starship launches by 2021

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SpaceX is only getting started launching Falcon Heavy commercial missions, but it already has its eyes on the next prize – launching Starship. Now, we know that it’s hoping to start commercial service for this next-generation, fully reusable rocket by 2021, according to SpaceX Vice President of Commercial Sales Jonathan Hofeller. Hofeller was speaking at a conference in Indonesia (via SpaceNews ), and noted that the private space launch company is currently talking to three different telecom companies about selecting which will be the first mission aboard the new spacecraft. Starship, formerly knowns as ‘BFR’ or ‘Big Falcon Rocket’) is currently in development at two separate SpaceX facilities, one in Texas and one in Florida, in what amounts to an internal company ‘bake-off’ to see which team can delivery the better solution faster. An engineering show-down of this kind is not uncommon among tech companies, and often produces results from both efforts that complement or enhance what...

Facebook again fails to block DC attorney general's lawsuit - CNET

The lawsuit against the social network will proceed to discovery. from CNET News https://ift.tt/2XcIkYk

Parent company of Jack'd, a gay dating app with 6M+ users, settles complaint over flaw that had exposed private user photos on a public server for over a year (Adi Robertson/The Verge)

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Adi Robertson / The Verge : Parent company of Jack'd, a gay dating app with 6M+ users, settles complaint over flaw that had exposed private user photos on a public server for over a year   —  New York's attorney general has settled a complaint over gay, bisexual, and queer dating app Jack'd, whose parent company left … from Techmeme https://ift.tt/2Yo11F6

Sources: since the Apple Watch launched in 2015, Jony Ive began to shed responsibilities, with day-to-day oversight reduced to coming to HQ twice a week (Mark Gurman/Bloomberg)

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Mark Gurman / Bloomberg : Sources: since the Apple Watch launched in 2015, Jony Ive began to shed responsibilities, with day-to-day oversight reduced to coming to HQ twice a week   —  - Company's close-knit design team withered in recent years  — Future breakthrough products need new tech, not just design from Techmeme https://ift.tt/2LqjVHU

Realme C2 with 61-inch HD+ display goes on sale at 12pm today: Price, offers and all you need to know

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Realme announced its entry-level smartphone, the Realme C2 a couple of months ago in India and the handset will go up for sale at 12pm today. The smartphone is priced starting at Rs 5,999, which means it goes up against the likes of Redmi 7, Samsung Galaxy M10 and other handsets that are in the same price range. As the Realme C2 is an entry-level handset, it is powered by the Helio P22 SoC and comes in two memory variants and three storage versions. The handset will be available for purchase today via Flipkart and Realme India website.  Realme C2 specifications Realme C2 comes equipped with a 6.1-inch HD+ display that offers a 19.5:9 aspect ratio with a dewdrop notch design. As mentioned earlier, it is powered by an Octa-core Helio P22 chipset and it runs on Android 9 Pie with ColorOS 6.0 on top. Backed by a 4000mAh battery, the Realme handset sports a micro-USB port for charging and data transfer. It also supports memory expansion of up to 256GB storage. The dual 4G dual SIM...

Mark Zuckerberg tries to blame the US govt for Facebook's inability to deal with fake news

Zuckerberg claims that dealing with election interference from nation states is above his pay grade. from Firstpost Tech Latest News https://ift.tt/2XCYgma