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E Ink debuts a new electronic drawing technology

E Ink debuts a new electronic drawing technology

E Ink debuts a new electronic drawing technology

E Ink — a name synonymous with e-reader screens — just debuted a new writing display technology called JustWrite. The tech offers the company’s familiar monochrome aesthetic — albeit in negative this time, with white on black.

The key here, as with most of E Ink’s technology, is minimal power consumption and low cost, the latter of which it was able to accomplish by dumping the TFT (thin-film-transistor LCD). Instead, it’s a thin roll that could be used to paper surfaces like conference rooms and schools, in order to let people write on the walls using a stylus with practically no latency, as evidenced in the below GIF. 

“The JustWrite film features one of E Ink’s proprietary electronic inks and offers similar benefits as E Ink’s other product lines: a paper-like experience with a good contrast and reflective display without a backlight,” the company writes. “The JustWrite film is an all plastic display, making it extremely durable and lightweight, with the ability to be affixed and removed easily, enabling writing surfaces in a variety of locations.”

The technology could go head to head with the likes of Sony and reMarkable on drawing tablets, but E Ink appears to be more interested in embedding it in non-traditional surfaces. No word yet on how or when it will come to market, though the company is showing it off in person for the first time this week at an event in Tokyo.

E Ink debuts a new electronic drawing technology
Source: TechCrunch

Floyd Mayweather and DJ Khaled to pay SEC fines for flogging garbage ICOs

Floyd Mayweather and DJ Khaled to pay SEC fines for flogging garbage ICOs

Floyd Mayweather and DJ Khaled to pay SEC fines for flogging garbage ICOs

Floyd Mayweather Jr. and DJ Khaled have agreed to “pay disgorgement, penalties and interest” for failing to disclose promotional payments from three ICOs including Centra Tech. Mayweather received $100,000 from Centra Tech while Khaled got $50,000 from the failed ICO. The SEC cited Khaled and Mayweather’s social media feeds, noting they touted securities for pay without disclosing their affiliation with the companies.

Mayweather, you’ll recall, appeared on Instagram with a whole lot of cash while Khaled called Centra Tech a “Game changer.”

“You can call me Floyd Crypto Mayweather from now on,” wrote Mayweather. Sadly, the SEC ruled he is no longer allowed to use the nom de guerre “Crypto” anymore.

Without admitting or denying the findings, Mayweather and Khaled agreed to pay disgorgement, penalties and interest. Mayweather agreed to pay $300,000 in disgorgement, a $300,000 penalty, and $14,775 in prejudgment interest. Khaled agreed to pay $50,000 in disgorgement, a $100,000 penalty, and $2,725 in prejudgment interest. In addition, Mayweather agreed not to promote any securities, digital or otherwise, for three years, and Khaled agreed to a similar ban for two years. Mayweather also agreed to continue to cooperate with the investigation.

“These cases highlight the importance of full disclosure to investors,” said Stephanie Avakian of the SEC. “With no disclosure about the payments, Mayweather and Khaled’s ICO promotions may have appeared to be unbiased, rather than paid endorsements.”

The SEC indicted Centra Tech’s founders, Raymond Trapani, Sohrab Sharma, and Robert Farkas, for fraud.

Floyd Mayweather and DJ Khaled to pay SEC fines for flogging garbage ICOs
Source: TechCrunch

Easyship, a Stripe for global e-commerce shipping, raises $4M

Easyship, a Stripe for global e-commerce shipping, raises M

Easyship, a Hong Kong-based startup that aims to make international shipping for e-commerce as easy as payments, has closed a $4 million Series A round.

The company was founded in 2015 by former Lazada duo Tommaso Tamburnotti and Augustin Ceyrac, and ex-banker Paul Lugagne Delpon. From their time with Lazada, the then-Rocket Internet -owned e-commerce site in Southeast Asia that was later bought by Alibaba, Tamburnotti and Ceyrac came to realize that there was no ‘plug in’ solution for shipping in the same way that Stripe and others enable payments online.

In Lazada’s case, that was crucial. The company was trying to enable cross-border commerce in Southeast Asia and, as a part of that, seek out retailers in more mature markets like China. But, if sending product to Indonesia — Southeast Asia’s largest country with a population of over 250 million — was fraught with challengers, then both retailers and consumers would be put off using the service.

That’s how Easyship was born. Today, the startup works with over 50 couriers, it also deals with the likes of Amazon, Shopify, eBay, Etsy, Magento and more. Its team of more than 50 people is spread across offices in New York, Singapore, the Netherlands, Australia, and Hong Kong.

Its service adds shipment options to e-commerce pages to make it simple for retailers to offer overseas shipping, and customers to receive product in any market. They simply input a line of code, which then offers international shipping options for customer when they check out. Not only does it simplify shipping routes but Easyship claims it can help cut shipping costs by up to 60 percent. Its base of 40,000 SMBs have seen their overall sales increase by 40 percent on average.

“We saw there was an opportunity when we couldn’t find a solution that was a gateway for international
shipping,” Ceyrac said in a statement. “For example, it’s easy for sellers to find payment gateways that can be activated in minutes so they can start accepting all major forms of payment. Yet, there was no equivalent tool for logistics, where you could just mobilize on global sales.”

“At the time, the only choices for small business owners were to use large enterprise solutions that were meant for Fortune 500 companies, or to integrate with multiple players to achieve a truly global solution,’ he added.

Easyship founders (left to right) Paul Lugagne Delpon, Tommaso Tamburnotti and Augustin Ceyrac

Tamburnotti told TechCrunch that the new funds will go towards developing the company’s technology — which helps to find cost-effective shipping routes — as well as adding more shipment and logistics partners, and reaching more customers, particularly in the U.S.

The sources of the round are interesting in themselves, too. Maximilian Bittner, who founded Lazada and was its long-time CEO, led the deal alongside Richard Lepeu, the former CEO of luxury firm Richemont and a board member of Yoox Net-A-Porter Group. Existing investor Lamivoie Capital Partners and funds Rubicon Venture Capital, One Way Ventures, Kima Ventures and Picus Capital also joined the round. 500 Startups is another investor in the business.

Easyship’s solution is so logical it almost seems obvious, but it is a business that has been created because it is outside of the U.S. and Silicon Valley. U.S. e-commerce firms have woken up to overseas opportunities, but they tend to be focused on obvious and huge markets like China. Logistics to other parts of the world are fiddling (it’s hugely fragmented) and likely not worth the initial investment unless the investment in a patient one.

But, for Easyship’s founders, the issue of fragmented logistics in Asia became such a critical one that they jumped ship from their full-time jobs — with the blessing of their CEO, Bittner — to tackle the problem. The firm is making ambitious moves in the U.S., having opened a New York office this year, and it’ll be a company to watch. The company has already fielded acquisition offers, but it is aiming to stay independent and grow its share of the U.S. market by enabling retailers, and particularly smaller players, to expand their sales globally.

Easyship, a Stripe for global e-commerce shipping, raises M
Source: TechCrunch