Twitter is giving developers more time to adjust to its API platform overhaul, which has affected some apps‘ ability to continue operating in the same fashion. The company clarified this morning, along with news of the general availability of its Account Activity API, that it will be delaying the shutdown of some of its legacy APIs by three months’ time. That is, APIs originally slated for a June 19, 2018 shutdown – including Site Streams, User Streams, and legacy Direct Message Endpoints – will now be deprecated on Wednesday, August 16, 2018.
The news follows an announcement from Favstar that said it will end its business when the older APIs are shut down for good. And it follows the relaunched Mac app from Tweetbot, which includes a list of changes as to how the app will work when the API changes go into effect.
Twitter had said back in April that it would delay the scheduled June 19th deprecation date, but didn’t announce a new date at that time. That may have led some developers to believe that a longer reprieve was in order while Twitter rethought its plans.
Today, Twitter says that’s not the case – it’s only a three-month delay.
With the public launch of the Account Activity API, developers can transition to the new API platform.
Plus, the beta that only offered Direct Messages is being shut down on August 16th, 2018, Twitter says. (Migration details on that are here.)
Twitter is also reducing the number of subscriptions from the 35 accounts allowed during the beta to 15 free subscriptions for its Premium Sandbox of the API – the free tier meant as way for developers to experiment. The paid Premium tier offers up to 250 accounts, and Enterprise pricing is available, too. (See chart below).
But developers will have to reach out to Twitter directly to receive enterprise pricing details.
In addition, Twitter makes it clear that any apps that rely on the older Site Streams and User Streams APIs, will have to live without that functionality after August 16th. It claims this won’t affect most apps – only a small percentage.
“As a few developers have noticed, there’s no streaming connection capability or home timeline data, which are only used by a small amount of developers (roughly 1% of monthly active apps),” writes Twitter Senior Product Manager, Kyle Weiss, in a blog post. “As we retire aging APIs, we have no plans to add these capabilities to Account Activity API or create a new streaming service for related use cases.”
Well, at least the announcement addresses developers’ complaints about a lack of information from Twitter regarding the pricing of the new APIs, and how long before all the changes kick in, given the news of a delay.
As Favstar’s creator Tim Haines explained when announcing the app’s shutdown, the lack of information made running its business too difficult.
““Twitter… [has] not been forthcoming with the details or pricing. Favstar can’t continue to operate in this environment of uncertainty,” he told TechCrunch earlier this week.
As for those 1 percent of apps that use the soon-to-be-depracated APIs – like Talon, Tweetbot, Tweetings or Twitterific – the plan was to switch over to the Enterprise Account Activity API. But they were frustrated that Twitter wasn’t saying how much it would cost; so they didn’t know if it would be an affordable option to sustain their business. It looks like they’ll now get those details.
But as those developers pointed out recently, there were broader concerns that the API changes were meant to actively discourage “client apps that mimic or reproduce the mainstream consumer client experience,” as Twitter had once said. Unfortunately for end users, the company’s decision is especially frustrating, given that Twitter shut down its native Mac app.
It does appear that Twitter is looking to impact the functionality of these “1 percent” of apps, given that it will no longer let them stream in tweets as they’re posted (it’s making the statuses/home_timeline endpoint available instead – which is not streaming). And other notifications will be delayed by a couple of minutes, in some cases, as Tweetbot’s creator, Paul Haddad, explained yesterday.
Along with the news today, Twitter shared links to resources to help developers migrate to new APIs and learn more – including the developer portal, a migration guide, a resources page that outlines these changes, and Twitter’s community forums.
News Source = techcrunch.com
58-year-old NRI masturbates sitting beside woman on board flight, held at Delhi airport
The security control room at the IGI Airport was informed in the early hours today that there was an “unruly passenger” on board a Turkish Airlines flight approaching Delhi.
After tens of thousands of pre-orders, 3D audio headphones startup Ossic disappears
After taking tens of thousands of crowd-funding pre-orders for a high-end pair of “3D sound” headphones, audio startup Ossic announced this weekend that it is shutting down the company and backers will not be receiving refunds.
The company raised $2.7 million on Kickstarter and $3.2 million on Indiegogo for their Ossic X headphones which they pitched as a pair of high-end head-tracking headphones that would be perfect for listening to 3D audio, especially in a VR environment. While the company also raised a “substantial seed investment,” in a letter on the Ossic website, the company blamed the slow adoption of virtual reality alongside their crowdfunding campaign stretch goals which bogged down their R&D team.
“This was obviously not our desired outcome. The team worked exceptionally hard and created a production-ready product that is a technological and performance breakthrough. To fail at the 5 yard-line is a tragedy. We are extremely sorry that we cannot deliver your product and want you to know that the team has done everything possible including investing our own savings and working without salary to exhaust all possibilities.”
We have reached out to the company for additional details.
Through January 2017, the San Diego company had received more than 22,000 pre-orders for their Ossic X headphones. This past January, Ossic announced that they had shipped out the first units to the 80 backers in their $999 developer tier headphones. In that same update, the company said they would enter “mass production” by late spring 2018.
In the end, after tens of thousands of pre-orders, Ossic only built 250 pairs of headphones and only shipped a few dozen to Kickstarter backers.
Crowdfunding campaign failures for hardware products are rarely shocking, but often the collapse comes from the company not being able to acquire additional funding from outside investors. Here, Ossic appears to have been misguided from the start and even with nearly $6 million in crowdfunding and seed funding, which they said nearly matched that number, they were left unable to begin large-scale manufacturing. The company said in their letter, that it would likely take more than $2 million in additional funding to deliver the existing backlog of pre-orders.
Backers are understandably quite upset about not receiving their headphones. A group of over 1,200 Facebook users have joined a recently-created page threatening a class action lawsuit against the team.
News Source = techcrunch.com
With at least $1.3 billion invested globally in 2018, VC funding for blockchain blows past 2017 totals
Although bitcoin and blockchain technology may not take up quite as much mental bandwidth for the general public as it did just a few months ago, companies in the space continue to rake in capital from investors.
One of the latest to do so is Circle, which recently announced a $110 million Series E round led by bitcoin mining hardware manufacturer Bitmain. Other participating investors include Tusk Ventures, Pantera Capital, IDG Capital Partners, General Catalyst, Accel Partners, Digital Currency Group, Blockchain Capital and Breyer Capital.
This round vaults Circle into an exclusive club of crypto companies that are valued, in U.S. dollars, at $1 billion or more in their most recent venture capital round. According to Crunchbase data, Circle was valued at $2.9 billion pre-money, up from a $420 million pre-money valuation in its Series D round, which closed in May 2016. According to Crunchbase data, only Coinbase and Robinhood — a mobile-first stock-trading platform which recently made a big push into cryptocurrency trading — were in the crypto-unicorn club, which Circle has now joined.
But that’s not the only milestone for the world of venture-backed cryptocurrency and blockchain startups.
Back in February, Crunchbase News predicted that the amount of money raised in old-school venture capital rounds by blockchain and blockchain-adjacent startups in 2018 would surpass the amount raised in 2017. Well, it’s only May, and it looks like the prediction panned out.
In the chart below, you’ll find worldwide venture deal and dollar volume for blockchain and blockchain-adjacent companies. We purposely excluded ICOs, including those that had traditional VCs participate, and instead focused on venture deals: angel, seed, convertible notes, Series A, Series B and so on. The data displayed below is based on reported data in Crunchbase, which may be subject to reporting delays, and is, in some cases, incomplete.
A little more than five months into 2018, reported dollar volume invested in VC rounds raised by blockchain companies surpassed 2017’s totals. Not just that, the nearly $1.3 billion in global dollar volume is greater than the reported funding totals for the 18 months between July 1, 2016 and New Year’s Eve in 2017.
And although Circle’s Series E round certainly helped to bump up funding totals year-to-date, there were many other large funding rounds throughout 2018:
- $118 million raised by Orbs, a purported “consumer-ready blockchain” service set to launch in June.
- $75 million closed in a Series B round for Paris-based secure hardware wallet-maker Ledger.
- $32 million raised by Project Shivom, which claims to use two hyped technologies — blockchain and artificial intelligence — to analyze and protect genomic data.
- $16 million in a Benchmark-led Series A round for Chainalysis, a blockchain analysis platform.
There were, of course, many other large rounds over the past five months. After all, we had to get to $1.3 billion somehow.
All of this is to say that investor interest in the blockchain space shows no immediate signs of slowing down, even as the price of bitcoin, ethereum and other cryptocurrencies hover at less than half of their all-time highs. Considering that regulators are still figuring out how to treat most crypto assets, massive price volatility and dubious real-world utility of the technology, it may surprise some that investors at the riskiest end of the risk capital pool invest as much as they do in blockchain.
Notes on methodology
Like in our February analysis, we first created a list of companies in Crunchbase’s bitcoin, ethereum, blockchain, cryptocurrency and virtual currency categories. We added to this list any companies that use those keywords, as well as “digital currency,” “utility token” and “security token” that weren’t previously included in the above categories. After de-duplicating this list, we merged this set of companies with funding rounds data in Crunchbase.
Please note that for some entries in Crunchbase’s round data, the amount of capital raised isn’t known. And, as previously noted, Crunchbase’s data is subject to reporting delays, especially for seed-stage companies. Accordingly, actual funding totals are likely higher than reported here.
News Source = techcrunch.com
Follow on Twitter
Delhi1 week ago
A Start of New Technical Ecosystem by International Blockchain Technology Council
Delhi4 days ago
Army of Poets – Education For All
Amazing7 months ago
वीडियो : सलमान खान की शादी हो या ना हो लेकिन राहुल गांधी ने अपनी शादी को लेकर खोला राज
Delhi1 week ago
Dheeraj Sharma, National President Of NSC to partner with DIYguru for NSC Students
Delhi4 days ago
International Day of Art of Giving – Inspired by Dr. Achyuta Samanta Life to be celebrated worldwide today.
Amazing9 months ago
राम रहीम के बाद इस अय्याश बाबा की वायरल हो रही तस्वीर की सच्चाई आ गयी सामने!
India1 year ago
How BajaTutor is helping Car Racing enthusiasts to build their ATV’s?
Delhi6 months ago
At least four dead, 18 missing in Colombia landslide | Reuters