Author: Editor - Technology News

eBay’s mobile app can now fill out your listings for you

Ebay is rolling out an app update designed to make it easier to list items for sale on its online marketplace. Instead of filling out detailed forms on your mobile phone’s small screen, you can now scan the barcode on the item in question or type a description, choose the item’s condition, then click “list your item” to make the listing go live on eBay’s site. After scanning or entering the description, eBay’s app will do a one-to-one match to its catalog to help to fill in the necessary information for that product. It will also offer sellers a...

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MoviePass’s parent company is getting crushed after offering new stock

Helios and Matheson Analytics is looking to push additional capital into its prime and wildly popular asset, MoviePass, by raising money in a new stock sale that appears to be giving Wall Street fits. Looking to raise additional capital, Helios and Matheson said it would sell up to $150 million in a stock sale that essentially seems geared to fund MoviePass’s expansion. Helios and Matheson is the largest shareholder of MoviePass, which is an increasingly popular service for going to watch movies. MoviePass’s parent company saw a sharp decline in its stock price today, with its value dropping around 40% as a result of the announcement. “Helios and Matheson may use the net proceeds from this offering to increase the Company’s ownership stake in MoviePass or to support the operations of MoviePass and MoviePass Ventures; to satisfy a portion or all of any amounts payable in connection with previously issued convertible notes; and for general corporate purposes and transaction expenses,” the company said in the release. “The Company may also use the proceeds to make other acquisitions.” Helios and Matheson recorded a net loss of around $150 million in 2017 (attributed to its acquisition of the majority stake in MoviePass). The company acquired a majority stake in MoviePass toward the end of last year. At the end of 2017, the company had around $25 million in cash and cash equivalents,...

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Eventbrite acquires Spanish ticketing platform Ticketea

Eventbrite has been shopping again in Europe — announcing today that it’s picked up Spanish ticketing firm, Ticketea. Terms of the deal have not been disclosed. The Madrid-based events discovery and ticketing platform lets people find and book tickets for a variety of live experiences — including festivals, concerts and performing arts shows. It focuses on Spanish speaking countries and small and mid-sized event organizers. Eventbrite said the acquisition will help expand its global footprint in music events, including via the Arenal Sound, Viña Rock, Low Festival, and Dreambeach festivals. It also flagged Ticketea’s “robust ecosystem of third-party integrations” —...

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Rylo brings some new software tricks to their not-a-360 camera

Rylo wants people to use 360 cameras to capture everything around them, then use software to determine what exactly they want after the fact. Today, the startup is adding a new feature to the app, a new feature to the camera and a new camera effect to keep things interesting on the company’s 360 camera that’s not really a 360 camera. When it comes to functioning like an action camera, there are a few things 360 cams really aren’t suited for. For instance, when you’ve chest-mounted the camera, you can fairly expect that about half of its footage is not going to come out very well. For such situations, Rylo is building a 180-degree mode for its camera. The company said that mode will offer “increased resolution and better image quality.” 180-degree video has earned a few headlines since YouTube introduced a VR180 mode last year with the goal of making an immersive format that did more without forcing creators to reinvent all of the workflows. While Rylo’s single lens take will not be able to do so in 3D, the company’s focus is still more on punching out a traditional letterbox format rather than building content ripe for viewings on VR headsets. For the camera’s timelapse mode, Rylo is also going to be adding a cool new “motion blur” effect that seems pretty apt for creating the perfect...

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Intel abandons Vaunt smart glasses project

It might just be time for Intel admit that’s not great at this whole wearables thing. A few months after their flashy online debut, the Vaunt smart glasses are dead, the chipmaker has confirmed. Some things, it seems, are just too beautiful to live — or receive sufficient investment from their parent company. The news originally surfaced via a report from The Information, which also notes that this reportedly marks the final nail in the long, drawn out of death of the company’s New Devices Group. The department appears to have been struggling for a while now — in late 2016, the group was hit with layoffs, and ultimately some key projects in its hardware pipeline, including the latest Basis fitness tracker. This latest move is likely to result in “some layoffs” to the 200 person team, according to the source. The company confirmed the end of Vaunt (codenamed Superlight) in a statement offered to TechCrunch. “Intel is continuously working on new technologies and experiences. Not all of these develop into a product we choose to take to market,” Intel writes. “The Superlight project is a great example where Intel developed truly differentiated, consumer augmented reality glasses. We are going to take a disciplined approach as we keep inventing and exploring new technologies, which will sometimes require tough choices when market dynamics don’t support further investment.”  It is, indeed,...

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