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Wednesday, October 10, 2018

The Magic Leap is real

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THE DAILY CRUNCH
WEDNESDAY, OCTOBER 10 2018 By Anthony Ha

Magic Leap unveils its first partnerships, Snapchat gets into the original content game and Jennifer Garner's baby food startup raises funding. Here's your Daily Crunch for October 10, 2018.

1. Magic Leap is real and it's a janky marvel

That's according to Jon Shieber, who recently checked out the company's first official content partnerships, which cover everything from games (that's the obvious one) to medical imaging to retail.

Apparently the Magic Leap is an impressive piece of hardware — but it's the variety of content that really makes it shine.

2. Snapchat becomes the mobile HBO with 12 daily scripted Original shows

The slate includes Snapchat's first scripted programs from top producers like "Keeping Up With The Kardashians" creator Bunim/Murray and "Friday Night Lights" writer Carter Harris, as well as the supernatural soap opera "Dead Girls Detective Agency," college comedy "Co-Ed," and a docuseries about the "cash me outside" girl, "Bringing Up Bhabie."

3. Google's Pixel 3 vs Apple's iPhone XS: How do they stack up?

We reported on Google's official unveiling of the Pixel 3 yesterday, but here's a closer look at how it compares to Apple's new iPhone.

4. Jennifer Garner's baby food company Once Upon a Farm raises $20M Series B

The Berkeley-based startup was originally founded in 2015 by serial entrepreneurs Cassandra Curtis and Ari Raz. Today, it lists actress Jennifer Garner and former General Mills president John Foraker as co-founders, too.

5. One of Tesla's biggest investors took an 11.4 percent stake in rival Nio

The investor is Bailie Gifford & Co., which now owns an 11.44 percent stake in Nio, according to a regulatory filing.

6. Robinhood cuts trading fees, grows profits with in-house clearing

Robinhood will start migrating accounts to its new in-house clearing service over the next few months. That will save it from paying clearing fees on stock, option, ETF and cryptocurrency trades.

7. Egnyte hauls in $75M investment led by Goldman Sachs

Egnyte launched in 2007 just two years after Box. But unlike its enterprise counterpart, which went all-cloud and raised hundreds of millions of dollars, Egnyt saw a different path with a slow-and-steady, hybrid growth strategy.

Get more stories at techcrunch.com 

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