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No one needs this $279 vibrating face puck

I'll admit it: Any combination of tech and skincare gets me super excited, and I was stoked to try out the Foreo UFO. It's a puck that heats up, vibrates and glows to enhance the traditional facial-sheet-mask experience, and it can be controlled via...

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Tesla reaches deal to build electric vehicle factory in China

Tesla has reached a deal with the Shanghai government to build a factory capable of producing 500,000 electric vehicles a year. The factory would be the automaker’s second assembly plant and aimed at serving the alluring Chinese market. Tesla and the Shanghai Municipal People’s Government announced Tuesday they had signed the cooperative agreement. Tesla announced last year it was working with the Shanghai municipal government to explore the possibility of establishing a factory in the region. Construction on the factory, which the company has dubbed Gigafactory 3, is expected to begin “in the future after we get all the necessary approvals and permits,” a Tesla spokesman told TechCrunch in an emailed statement. “From there, it will take roughly two years until we start producing vehicles and then another two to three years before the factory is fully ramped up to produce around 500,000 vehicles per year for Chinese customers,” the spokesman said. Tesla hasn’t provided an estimate of what the factory might cost to build. That’s a critical data point for Tesla, which has been burning through cash as it tries to ramp up production of its Model 3 vehicle . Still, the deal is a milestone for Tesla and Musk, who has long viewed China as a crucial market. It’s also notable because this will be a wholly owned Tesla factory, not a traditional joint venture with the Chinese government. Foreign companies have historically had to form a 50-50 joint venture with a local partner to build a factory in China. Chines President Xi Jinping has pushed forward plans to phase out joint-venture rules for foreign automakers by 2022. Tesla is one of the first beneficiaries of this rule change. Tesla is particularly exposed to escalating trade tensions between China and the U.S.

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Booksy, the worldwide booking system, raises $13.2 million

Booksy , a Poland-based booking application for the beauty business, has raised $13.2 million in a series B effort to drive global growth. The company, founded in 2014 by Stefan Batory and Konrad Howard, is currently seeing 2.5 million bookings per month. The company raised from Piton Capital, OpenOcean, Kulczyk Investments, and Zach Coelius. Batory, an ultramarathoner, also co-founded iTaxi, Poland’s popular taxi hailing app. Booksy came about when he was trying to schedule physiotherapy appointments after long runs. He would come home sore and plan on calling his physiotherapist but it was always too late. “I didn’t want to bother him after I was done with my workout late night, and it was virtually impossible to contact him during day time as his hands were busy massaging people and he did not answer my calls,” he said. Booksy launched in the US in 2017 and “rapidly become the number one booking app in the world,” said Batory. “We will use the funding to drive global growth, recruit high profile talent and develop proprietary technologies that will further support beauty businesses,” he said. “That includes the implementation of one-click booking, a feature that uses machine learning and AI technologies, to determine each user’s buying pattern and offer them the best dates with their favorite stylists, thus simplifying user experience for both merchants and their customers.”

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The Wex Photo Video Show

The Wex Photo Video Show is an exciting new event taking place from Friday 29 to Saturday 30 June 2018 at its flagship store and showroom in London E1. The event is held over two complete days packed with practical workshops, hands-on demonstrations, inspiring expert talks and special guest appearances from some of the most prominent names in the business. Entrance is free.

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IBM introduces a blockchain to verify the jewelry supply chain

Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case. IBM has been working to build large enterprise projects blockchain  and today they offered an irrefutable example that they have dubbed TrustChain , a blockchain that proves the provenance of jewelry by following the supply chain from mine to store. As you might expect the TrustChain is built on IBM blockchain technology and includes a consortium of companies involved in every step of the supply chain: Asahi Refining, the precious metals refiner; Helzberg Diamonds, a U.S. jewelry retailer; LeachGarner, a precious metals supplier and The Richline Group, a global jewelry manufacturer. It even includes some third-party verification with UL Labs for the skeptical among you. “What we are announcing and bringing forward has been in the works for some time. It’s the first end-to-end industry capability on blockchain that has its core in trust,” Jason Kelley, the GM of blockchain services at IBM told TechCrunch. While there are trust mechanisms in place to ensure the authenticity of jewelry, they tend to be more piecemeal and this one is designed to be more comprehensive. One of the primary benefits of using blockchain in this instance is that it’s so much more efficient. Instead shuffling paper, the process becomes much more digital and reduces a lot (although not all) of the manual paper-pushing along the way. Photo: IBM Of course, just because it’s on the blockchain doesn’t mean there won’t be attempts to circumvent the system, but the TrustChain has a mechanism for participants to check the validity of each transaction, each step of the way. “If there is a dispute, instead of calling and following back through the process in a more manual way, you can click on a trusted chain, and you’re able to see what happened immediately.

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IBM introduces a blockchain to verify the jewelry supply chain

Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case. IBM has been working to build large enterprise projects blockchain  and today they offered an irrefutable example that they have dubbed TrustChain , a blockchain that proves the provenance of jewelry by following the supply chain from mine to store. As you might expect the TrustChain is built on IBM blockchain technology and includes a consortium of companies involved in every step of the supply chain: Asahi Refining, the precious metals refiner; Helzberg Diamonds, a U.S. jewelry retailer; LeachGarner, a precious metals supplier and The Richline Group, a global jewelry manufacturer. It even includes some third-party verification with UL Labs for the skeptical among you. “What we are announcing and bringing forward has been in the works for some time. It’s the first end-to-end industry capability on blockchain that has its core in trust,” Jason Kelley, the GM of blockchain services at IBM told TechCrunch. While there are trust mechanisms in place to ensure the authenticity of jewelry, they tend to be more piecemeal and this one is designed to be more comprehensive. One of the primary benefits of using blockchain in this instance is that it’s so much more efficient. Instead shuffling paper, the process becomes much more digital and reduces a lot (although not all) of the manual paper-pushing along the way.

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Overflow error shuts down token trading

A recently discovered programming error can make some crypto tokens susceptible to hackers . The exploit allows a hacker to pass an unusually high value to the exchange and get a ridiculous number of tokens in exchange, a problem that has caused the Okex exchange shut down all token trading including one called BeautyChain (BEC) . What’s really interesting is how the hack worked. As you can see above a line in the smart contract creates another value – amount – by multiplying cnt and _value . The hackers made a transfer and set the value to eight vigintillion – an eight with 63 zeroes. When this value is passed, the code overflows allowing the hacker to gain a massive number of tokens. Thanks to the smart contract’s “code-is-law” principal, each of these transfers are technically legitimate. “There is no traditional well-known security response mechanism in place to remedy these vulnerable contracts!” wrote one researcher on Medium . “With that, we further run our system to scan and analyze other contracts. Our results show that more than a dozen of ERC20 contracts are also vulnerable to batchOverflow.” In response Okex shut down all ERC-20 tokens but there are other exchanges and tokens susceptible to the hack. “To protect public interest, we have decided to suspend the deposits of all ERC-20 tokens until the bug is fixed.

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From Ferraris to flying taxis: Q&A with Lilium’s new head of Product Design

Munich-based Lilium , the super-ambitious company developing an electric vertical take-off and landing (VTOL) jet and accompanying “air taxi” service, continues to hire top talent to make its vision a reality. The latest new recruitment is car design veteran Frank Stephenson, who has previously worked for Ferrari, Maserati and Mini, to name but a few. Considered one of the world’s most renowned and influential car designers in recent times, 58-year-old Stephenson’s portfolio includes iconic designs such as the BMW X5, New MINI, Ferrari F430, Maserati MC12 and McLaren P1. Now he’s embarking on adding the Lilium jet to that list. Officially starting next month, he’ll be tasked with recruiting an entirely new design team to shape both the interior and exterior of the jet itself, as well as a design language for the company’s wider infrastructure, including landing pads and departure lounges. In a call with Stephenson yesterday morning, I got to ask him why he’s ditched Ferraris for flying taxis, what his new role will entail more specifically and to dig a little deeper into how he thinks about design and why good design really matters. A lightly edited transcript of the full Q&A follows. TC: I don’t know a huge amount about designing cars, let alone designing cars that can fly. Designing a modern-day car involves a heck of a lot of people and designing something like the Lilium jet again involves a whole team of people. As head of design, how does your role fit into the larger machine of building a vehicle or “flying car?” So if you have a Michelin-rated restaurant and you’ve got to feed 100 people, you’re going to have quite a few cooks in there and the waiters and everybody else to run the machine.

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FIDO Alliance and W3C have a plan to kill the password

By now it’s crystal clear to just about everyone that the password is a weak and frankly meaningless form of authentication, yet most of us still live under the tyranny of the password . This, despite the fact it places a burden on the user, is easily stolen and mostly ineffective. Today, two standards bodies, FIDO and W3C announced a better way, a new password free protocol for the web called WebAuthn. The major browser makers including Google, Mozilla and Microsoft have all agreed to incorporate the final version of the protocol, which allow websites to bypass the pesky password in favor of an external authenticator such as a security key or you mobile phone. These devices will communicate directly with the website via Bluetooth, USB or NFC. The standards body has referred to this as ‘phishing-proof’. Yes, by switching to this method, not only will you eliminate the need for a password — or to come up with a 20-character one every few weeks to please the security gods — but the whole reason for that kind of security farce will disappear. Without passwords, we can eliminate many of the common security threats out there including phishing, man-in-the-middle attacks and general abuse of stolen credentials. That’s because using a system like this, there wouldn’t be anything to steal. The authentication token would only last as long as it takes to authenticate the user and no more and would require a specific device to authenticate. The WebAuthn specification offers several examples of how this could work.

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7 Noteworthy Video Projects Shot on iPhones – Resource Magazine

Resource Magazine 7 Noteworthy Video Projects Shot on iPhones Resource Magazine ... a “Snapchat version” on Spotify and Vevo. Shot entirely on an iPhone—and using just about every filter Snapchat offers—the video has racked up 16m+ views and counting since being uploaded Jan. 17. 4. “Modern Family” (S6 Ep16), Steve Levitan. In ...

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