Tag: backed

09
Oct
2020
Posted in technology

Devialet, the speaker company backed by Jay-Z, takes on Apple with $299 wireless earbuds



a close up of a device: Devialet's Gemini wireless earbuds. Devialet


© Devialet
Devialet’s Gemini wireless earbuds. Devialet

  • Audio company Devialet is branching out from high-end speakers and launching earbuds to rival Apple’s AirPods Pro.
  • Devialet’s Gemini wireless earbuds cost $299 in the US and will be available to pre-order from October 10.
  • CEO Franck Lebouchard talked up Gemini’s active noise cancellation and said the earbuds had been in the works for two years.
  • Visit Business Insider’s homepage for more stories.

High-end speaker company Devialet is taking on Apple with its first pair of wireless earbuds, the £279/$299 Devialet Gemini.

Devialet is best-known for making pricey speakers targeted at audiophiles, winning plaudits for its classic, $2,000 Phantom speakers. The company’s backers include Chinese manufacturing giant Foxconn, which produces the iPhone, as well as Jay-Z’s Roc Nation.

This is the first time the company is venturing into headphones, with an eye to a broader audience.

The Devialet Gemini earbuds are about $50 pricier than Apple’s AirPods Pro, which come in at £249/$249.

Devialet says Gemini’s features will include:

  • Devialet’s high-quality audio engineering
  • 8 hours of battery life in each charge, or six with active noise cancellation enabled
  • Dust and water resistance
  • Bluetooth support
  • A charge case, with replaceable battery, and wireless Qi charging or via USB-C
  • Active noise cancellation comes with “transparency” mode that allows you to hear more background noise



Devialet


© Devialet
Devialet

The earbuds will be available to pre-order online from October 10. They’ll be available to buy directly in the US from partners like Best Buy and Amazon from November 25. According to Devialet’s site, the company isn’t committing to a shipping time, only guaranteeing it will ship by or before December 15 or else issue a refund. In the UK, Devialet Gemini will also be available through retailers such as Harrods and Selfridges.

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01
Oct
2020
Posted in technology

CoinList president has joined a crypto project backed by Uber co-founder

CoinList president and co-founder Andy Bromberg has seen a number of token projects raise funds, and now he’s going to lead a project himself. 

“I’m leaving CoinList to join Eco as CEO,” he said in an email shared with The Block.

Uber co-founder Garrett Camp backed the project, which intends to serve as a currency to be used in commonplace transactions. Eco will allow users to open interest-bearing accounts like they could with a bank. Users can put portions of their paychecks toward crypto and earn up to 2.5% to 5% on interest.

“Eco is the most compelling project I have seen across crypto and fintech,” Bromberg said in the email, “And the opportunity was too good to pass up.” Bromberg said he recognized Eco’s “real shot” to quickly onboard the world to crypto.

“I believe Eco has finally figured it out,” Bromberg said.

Bromberg co-founded CoinList in 2017, where he remained as the president. CoinList aimed to simplify the token process, having facilitated the sales of nearly $1 billion worth of transactions. The firm more recently launched an exchange business, which supported trading of Celo, Solana, and Filecoin. Still, CoinList has run into troubles. In mid-August of 2020, CoinList attempted for the second time to host a NEAR token sale but faltered under the heavy traffic load.

Bromberg said he will still act as the CoinList Special Advisor, even as CEO of Eco.

“Top line thing is: things are going great at CoinList. The company is ripping,” he said in a phone call with The Block.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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