In a rare mea culpa for the mercurial billionaire, Tesla CEO Elon Musk acknowledged that the company has been too reliant on robots for production. Yes, excessive automation at Tesla was a mistake. To be precise, my mistake. Humans are underrated. — Elon Musk (@elonmusk) April 13, 2018 “Excessive automation at Tesla was a mistake,” Musk […]
Android Auto — Google’s system for powering your car’s dash display from your phone, and the company’s answer to Apple’s CarPlay — is going wireless. You can leave your phone in your bag, and it’ll still be able to push your apps and content to your in-dash screen. Alas, there’s a catch: to get it […]
Yahoo Japan has gotten its hands on 40 percent of a Tokyo-based cryptocurrency exchange set to launch this fall. The investment, made in BitARG Exchange through a Yahoo Japan subsidiary gives the company a minority stake with BitARG parent company CMD Laboratories still maintaining 60 percent ownership of the exchange. A source told CNBC the deal […]
In an internal memo to employees, Apple threatened severe consequences for leaking confidential company information – reminding staff that those who leak can lose their jobs, have difficult finding future employment, and even get arrested. Last year, Apple claimed to have busted 29 leakers, 12 of whom were arrested. The memo itself was leaked, and […]
Tesla is one of the more interesting companies for Wall Street that had an interesting couple of months this year — and it seems even tweets from Elon Musk, who said that the company will be profitable in the back half of the year, may be enough to swing its stock. The Tesla and SpaceX […]
How Chatbots are Changing the Customer Experience At least once a week, I load up a hypothetical shopping cart from online retailers like Zara, ASOS, and Sephora, only to decide that I don’t want to spend money on clothes or makeup I don’t really need. So I abandon the cart and close the tab. According […]
Google does a great deal of research into natural language processing and synthesis, but not every project has to be a new Assistant feature or voice improvement. The company has a little fun now and then, when the master AI permits it, and today it has posted a few web experiments that let you engage […]
Coinbase announced today that it has acquired Cipher Browser, a decentralized app browser and wallet for the Ethereum blockchain that it will be using to bolster its own similar product. Terms of the deal weren’t disclosed. Coinbase operates a decentralized mobile browser of its own which it introduced last year called Toshi. Users could utilize […]
Zuroa’s founder and CEO Tien Tzuo had a vision of a subscription economy long before most people ever considered the notion. He knew that for companies to succeed with subscriptions, they needed a bookkeeping system that understood how they collected and reported money. The company went public yesterday, another clear sign post on the road […]
Games, dating apps and streaming services contributed to a rise in consumer spending in iPhone apps last year, according to new data from app store intelligence firm, Sensor Tower. The firm found that U.S. iPhone users spent 23 percent more on in-app purchases in 2017 than they did the year prior – or, an average […]
Everything from cryptocurrency to gene sequencing Anthony Ha @ / 7 hours The latest startups to participate in Techstars NYC have spent the past week pitching investors, journalists and the broader New York community. I swung by the accelerator’s new office a few days ago to meet each team. In a two-hour period, I found myself discussing […]
The first Roadie tuner was a modern marvel. An automatic guitar tuning system, the little device connected to your phone to listen to your guitar strings and then set them to the proper tuning using an internal motor. The new model, the $129 Roadie 2, is even cooler. I’ve been using the Roadie 2 for […]
Today’s development in weird potential frenemy relationships is an interesting one with Comcast now planning to bundle Netflix into its cable subscriptions, the companies announced today. Known as the original cord-cutting service, Netflix serves as a hub for not only a ton of original content, but also a huge catalog of movies and shows that […]
Google is working on a brand new design for the web version of Gmail. Yesterday, I published screenshots of the new design. TechCrunch’s tipster Chaim also discovered an interesting new feature in the new Gmail. You’ll soon be able to send expiring emails. Working on an email service is hard as you have to be […]
PullRequest has been on a whirlwind lately, but it’s the kind that any startup would likely welcome. The company was in Y Combinator last August just trying to learn the startup ropes. By December it had scored a $2.3 million seed round — and it’s keeping it going. Today the company announced an $8 million […]
A Vietnamese cryptocurrency company Modern Tech launched an ICO for its Pincoin token, raising $660 million from approximately 32,000 people. The company first ran the Pincoin ICO, promising constant returns to investors, and then launched another token, iFan (a social network token for celebrities). Picoin investors first received cash from their investment and then the […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a damn corker. Instacart is fighting back! Zuora went public and it went well! There were other IPOs! Uber loves bikes! And what is #AllRaise? We happily had a good crew on hand to sift through […]
While companies’ operations become increasingly fragmented into a wide variety of different spots — especially if they exist somewhere in a group of different cloud tools — making sure those operations are still healthy has become more and more critical. And for companies whose lifeblood is directly keeping that software online longer, it’s even more […]
Most people have had a boss they struggled to get along with. Maybe the manager didn’t seem to trust you or wasn’t impressed with your performance. While you may be tempted to blame the situation on your difficult boss, most often a mismatch like this happens when expectations aren’t aligned. For example, perhaps you handed […]
Infographic: The ROI of Content Marketing (In Numbers Everyone Understands and With a Case Study) The post Infographic: The ROI of Content Marketing (In Numbers Everyone Understands and With a Case Study) was published on Express Writers. Content marketing is effective – but I’d bet you certainly don’t need convincing. You already know how good […]
As of this writing, there’s a single, solitary review for Button Tooter. It’s three stars and three sentences, and it’s a bit of an emotional rollercoaster. “They clearly ran out of ideas!” the reviewer writes. “It’s kind of fun! How about a game where you can make music. [sic]” Is Amazon’s creation of a fart app […]
You’ll soon be able to draw on the world around you and shoot back-and-forth Instagram Boomerang GIFs with the Facebook Camera. Bringing additional creative tools to the Facebook Camera could make it a more popular place to shoot content and help the company compete with Snapchat. “We wanted to give people an easy way to […]
Matthias Müller is out as Volkswagen CEO, amid a diesel emissions scandal that shook the world’s largest car maker. The company confirmed the move today, naming Brand Chief Herbert Diess to the top job in his stead. Müller had only been in the top role for three years, and while the chief executive was never […]
Subscription biller Zuora was well-received by stock market investors on Thursday, following its public debut. After pricing its IPO at $14, the company closed at $20, valuing the company around $2 billion. It was also much higher than expected. The company said in its filings that it planned to price its shares between $9 and $11, […]
[embedded content] Being an online video star might seem cool or even glamorous these days, but Burnie Burns, co-founder and chief creative officer at Rooster Teeth, can remember when that wasn’t the case. Rooster Teeth, which is behind the popular web series Red vs. Blue, is turning 15 years old this month. (The studio was […]
For all the good of Android’s open-source approach, one of the clear and consistent downsides is that the onus to issue software updates falls on the manufacturer. That can mean frustration for those waiting for the latest and greatest feature updates — and in some cases, it can put your phone at risk with delayed […]
The record-setting score that settled the Donkey Kong arcade rivalry, made famous by the documentary The King of Kong, has been invalidated by Twin Galaxies, the de facto arbiter of arcade world records. What’s more, Billy Mitchell, the occasionally controversial player who set the scores, has been permanently banned from consideration for future records. It’s […]
In light of Tesla going a bit rogue and disclosing details of the fatal crash that involved Autopilot, the National Transportation Safety Board is removing Tesla as a party in the investigation. “The NTSB took this action because Tesla violated the party agreement by releasing investigative information before it was vetted and confirmed by the […]
How much drivers can make working for Lyft and Uber has long been a topic of conversation and third-party studies. Now, Lyft is providing some more clarity around how much people can make driving for its platform. “Understandably, we’ve seen a few external groups take their own guesses at what Lyft drivers make, usually as […]
Amazon’s acquisition of Ring officially closed today. Now the companies (or company, rather) are marking the occasion by discounting the Ring Video Doorbell $30, down to $100 — because what better way to celebrate scalability and maximum distribution than a price drop? Amazon is quick to note in its press material that the Ring name […]
Uber is expanding the proposed settlement it made with the Federal Trade Commission last August pertaining to data mishandling, privacy and security complaints that dated back to 2014 and 2015. In August, Uber agreed to 20 years of privacy audits. That proposed settlement happened prior to Uber’s disclosure of the massive 2016 data breach that […]
Infographic: A Brief History of Content Marketing People often talk about content marketing like its the flashy new gadget in a marketer’s toolbox. While the practice has skyrocketed in popularity over the past few years, the principles of content marketing have been around for centuries. And it would do the savvy content marketer good […]
Impossible Foods is taking another bite out of the meat supply chain, with the announcement that it’s meatless burger substitute is coming to America’s first fast food burger chain — White Castle. That’s right, now stoned vegan hippies can join stoned slackers in their quest for cheap, delicious burger-y goodness. The “Impossible Slider” which is […]
Tocano, a spinout from Delft Technology University in the Netherlands which is working on an inkless printing technology, has closed a €1 million angel round to fund the next stage of its tech development and move a step closer to building its first commercial product. The startup began as the graduate student project of co-founder Venkatesh Chandrasekar […]
No doubt that you’ve seen emoji living in various subject lines inside your inbox lately. Fun fact: Did you know emoji have been shown to increase email open rates? And, as more of our communication becomes text based, emoji are one of the key ways you can express emotions that words may not quite capture. […]
Listen up startup fans — the moment you’ve all been waiting for has arrived. Applications to Startup Battlefield are finally open! Now, we told you that Disrupt San Francisco 2018 is going to be our biggest, boldest, most ambitious Disrupt ever: triple the floor space, 12 technology tracks, four unique stages and more than 10,000 […]
SpaceX has authorized a new Series I round for 3 million shares in a new round that will be worth up to $507 million, according to a certificate of incorporation document filed in Delaware. If all shares in this round are issued, the new round would value SpaceX at around $23.7 billion, according to the […]
Disrupt lands in San Francisco this September, and the agenda is shaping up to be absolutely amazing. With new digs at Moscone West and expanded capacity, we expect Disrupt SF (September 5-7) to be the biggest and best conference TechCrunch has ever had. And, in large part, that’s credited to our incredible guests. Today, we’re […]
Follow four startups through all the ups and downs Romain Dillet @ / 7 hours A year and a half ago, Station F and Le Studio Next teamed up for a documentary series about building a startup — and the result is called Foundation. It’s a personal and honest documentary series and I had a […]
The city of Glendale, Calif. seems like an unlikely place to grow one of the next billion dollar startups in the booming Los Angeles tech ecosystem. Located at the southeastern tip of the San Fernando Valley, the Los Angeles suburb counts its biggest employers as the adhesive manufacturer Avery Dennison; the Los Angeles industrial team […]
Meet Bubblz, a French startup that wants to optimize all the boring processes that slow you down. If you’re trying to hire someone, if you need to collect information from many people, if you regularly put together marketing campaigns, you can use Bubblz to automate all the steps and collaborate with your coworkers. Many people […]
In a post today, Uber CEO Dara Khosrowshahi announced a slew of new features for the app, designed to address growing concerns over rider safety. A majority of the additions are contained within a handy Safety Center landing page inside the app. The section features a bunch of insight into the company’s process for screening […]
After tomorrow, April 13, ticket prices for TC Sessions: Robotics will jump $100 for the May 11 event hosted at UC Berkeley. Buy your early bird $249 tickets today before these savings fly the coop! You’ll get full access to the conference, workshops and closing networking reception. Lunch and breakfast are included. The event’s stage […]
Stash, the finance app favored by first-time investors who are just learning the market, is getting into banking. The company announced this morning it will roll out a set of mobile-first banking services aimed at those left behind by traditional banks. The services include bank accounts with debit cards, no overdraft fees, access to a network of […]
Founded in 2010 as an online loyalty card service, Punchh has since grown into a marketing platform serving more than 115 restaurant chains, including Pizza Hut and Quiznos. Now it’s raised a $20 million Series B to expand into more retail verticals and increase the use of artificial intelligence and machine learning in its cloud […]
At a time when web users are becoming more concerned about their online privacy and personal data, Mozilla today is launching a new version of its Firefox for iOS web browser that includes Tracking Protection turned on by default. That means when you use the browser, websites won’t be able to track your activity and capture […]
Yesterday, Google pressed the Send button too quickly and informed G Suite customers that a new Gmail was coming soon. TechCrunch obtained a few screenshots of the new interface from a tipster called Chaim. I confirmed the authenticity of those screenshots with another person who saw the new design. So here’s what you can expect. […]
Tastemade is getting a Goop makeover with the announcement that the former president of Gwyneth Paltrow’s lifestyle empire, Geraldine Martin-Coppola, is coming on board as Tastemade’s new chief operating officer. Martin brings a wealth of experience in lifestyle branding to Tastemade’s online video and pictorial food, travel, and home design channel. At Tastemade, Martin-Coppola will […]
Dutch startup Revue, which is now positioning itself as an “editorial newsletter platform,” is adding the option to charge subscribers. This means that newsletters can be monetized directly, rather than relying on sponsorship or ads. The new feature requires signing up for a Stripe account, which you connect to Revue. You then write a description […]
Criminal records, driving records, employment verifications. Companies that use on-demand employees need to know that all the boxes have been checked before they send workers into the world on their behalf, and they often need those boxes checked quickly. A growing number of them use Checkr, a four-year-old, San Francisco-based company says that it now […]
When it launched back in 2010, Cloudflare was all about speeding up websites and protecting them from hackers. Today, with the launch of Spectrum, it’s taking a major step to move beyond the web and into protecting — and potentially speeding up — other parts of the internet. While Cloudflare’s regular services work well for […]
If you’re new to Einstein Account-Based Marketing it’s built on Salesforce and gives marketers the ability to leverage Salesforce platform features like AI, and Analytics. To extend the power of the solution, we’re excited to announce a new partnership with Demandbase. Demandbase will be the newest addition to our amazing suite of AppExchange partners who […]
[embedded content] A musician from Raleigh, North Carolina named Chase Holfelder, recorded a cover of Jamiroquai’s “Virtual Insanity,” a stonerific acid jazz anthem that should be familiar to ’90s kids. This version, however, is recorded entirely inside a virtual reality rig with the help of the HTC Vive and VRScout. Holfelder used the SoundScape VR […]
Zaius, a customer data company working with consumer brands like Tea Forte and Burt’s Bees Baby, has raised $30 million in Series B funding. CEO Mark Gally said that while business-to-business marketing revolves around the CRM, there’s a “hodgepodge” on the consumer marketing side. More specifically, he said consumer marketers have a “swivel chair problem” […]
East Meet East, a New York-based matchmaking service focused on connecting Asian people in the U.S., is expanding its focus to go after dating opportunities in Asia after it raised a $4 million Series A funding round. The money comes from existing backer 500 Startups and new investors Asahi Medialab Ventures, DG Lab Fund (a joint effort […]
When Luminar came out of stealth last year with its built-from-scratch lidar system, it seemed to beat established players like Velodyne at their own game — but at great expense and with no capability to build at scale. After the tech proved itself on the road, however, Luminar got to work making its device better, […]
As part of All Raise’s mission to increase the number of female founders who receive venture funding in the next five years, All Raise has tapped more than 120 successful female founders to provide one-on-one mentorship to other women building companies. Currently, female founders receive just 15 percent of all venture funding, according to All […]
We are excited to announce two more top-quality speakers for our forthcoming TC Sessions: Blockchain event which takes place on July 6. Gert Sylvest, co-founder of Tradeshift and GM of Tradeshift Frontiers, and Galia Benartzi, co-founder and head of business development for Bancor, join our growing list of confirmed speakers. In case you missed those, they include Brian Behlendorf, […]
Billie, a New York-based startup that wants to fight the “pink tax” on goods marketed to women, announced today that it has closed a $6 million seed round. The funding was led by Silverton Partners, with participation from returning investors including Female Founders Fund and Lakehouse Ventures, and will be used to grow Billie’s team […]
LG is making efforts to improve the user experience on its devices after it opened a “Software Upgrade Center” in its native Korea. The new lab will be focused on “providing customers worldwide with faster, timelier, smartphone operating system and software updates,” the company explained in a brief statement. The idea is to help get […]
If you’re surrounded by coworkers who get distracted easily, you’re likely to become distracted yourself. Instead of letting them pull you away from your to-do list, set boundaries. You don’t have to be rude about it; you can say something simple like, “Can we continue this conversation later? I want to get this report done, […]
WeWork is buying up one of its largest competitors in China after it announced a deal to acquire Naked Hub. The deal was widely reported by Chinese media yesterday, but WeWork has now confirmed it through a blog post from its CEO Adam Neumann. Terms of the transaction are not disclosed but Bloomberg reported that it […]
Cluno, a startup operating out of Munich that offers what it calls a “car subscription” service, has raised €7 million in Series A funding. The round was led by Acton Capital Partners, with participation from previous investor Atlantic Labs. Founded in 2017 by the same team behind easyautosale, which exited to Autoscout24 in 2015, Cluno […]
If you were hoping to get some sweet drone footage of a NASCAR race in progress, you may find your quadcopter grounded unceremoniously by a mysterious force: DroneShield is bringing its anti-drone tech to NASCAR events at the Texas Motor Speedway. The company makes a handful of products, all aimed at detecting and safely intercepting […]
Tomorrow at noon PT, Apple will begin issuing an alert box when you open a 32-bit app in MacOS 10.13.4. It’s a one-time (per app) alert, designed to help MacOS make the full transition to 64-bit. At some unspecified time in the future, the operating system will end its support for 32-bit technology… meaning those […]
With the number of fantasy sports players in North America heading past 60m, and the industry said to be worth over $7 billion, fantasy sports games are clearly on the rise. On the web, the two biggest players are FanDuel and DraftKings, which between them control 90% of the market. But translating that kind of […]
Cruise recently brought on seven team members from Zippy.ai, which develops robots for last-mile grocery and package delivery, for an undisclosed amount of money. The deal did not include any of Zippy’s product or intellectual property. Instead, it seems Cruise was more interested in the skillsets of the co-founders, Gabe Sibley, Alex Flint, and Chris […]
If you’ve ever gone camping and found yourself thinking it kind of sucks, likely because you’re too close to other campers, you might be interested in learn about Tentrr, a three-year-old, 47-person company that’s promising to make it “dirt simple” to enjoy the great outdoors. How: by striking deals with private landowners who are willing […]
At TechCrunch’s flagship Disrupt events, there are three ways for startups to get in the limelight. One is to win a spot in the prestigious Startup Battlefield competition. Another is to be selected as one of the editor-selected TC Top Picks to exhibit in one of the featured tracks in Startup Alley. Both of those opportunities […]
Tap Systems, the developer of the Tap wearable keyboard and mouse, is releasing a developer SDK for interested programmers. The software kit will let developers design applications that can integrate with the Tap wearable which answers the once unanswerable question: what’s the result of one hand tapping? Resting on the fingertips of one hand, the […]
Joseph Byrum Contributor Joseph Byrum is chief data scientist at Principal Financial Group. He holds a PhD in genetics. Artificial intelligence is about more than asking Alexa or Siri to turn on the lights at home and add a reminder to the calendar about getting some milk at the store later in the afternoon. The […]
The days of reading the small print to see whether a repair or new part for your ailing laptop will void its warranty may be coming to an end. The FTC has officially warned several companies that their policies of ceasing support when a user attempts “non-approved” repairs or servicing are likely illegal. It’s the […]
Microsoft’s Twitch competitor, Mixer, is giving streamers a new way to customize their channels. The company has entered into a partnership with Lightstream Studio to allow Mixer streamers to add images, overlays, transitions, and text to their streams, or to switch between scenes. The goal is to make it easier for creators to give their […]
Almost exactly three years ago, Patrick Pichette surprised industry observers when he left his powerful job as the CFO of Google to, well, enjoy his life. As he described the decision at the time, he wanted to “enjoy a perfectly fine midlife crisis full of bliss and beauty.” Now, Pichette is back in a role […]
Yesterday we reported that Instagram lacked data portability, knocking the app for the absence of an equivalent to Facebook’s Download Your Information too. Now an Instagram spokesperson tells me “We are building a new data portability tool. You’ll soon be able to download a copy of what you’ve shared on Instagram, including your photos, videos […]
Apple Music is continuing its upward climb in subscriber count, quickening its pace as it seeks to overtake Spotify in the battle for users’ ears. The music streaming service now has 40 million subscribers, a report today from Variety claims. We have reached out to Apple for confirmation. The service still has a ways to go […]
Welp. While Mark Zuckerberg gets the grilling of a lifetime on Capitol Hill, the firm at the center of all of this is losing its top (if temporary) executive. As day two of the Facebook testimony was unfolding, Cambridge Analytica sent out a brief statement from its Board of Directors, noting that acting CEO Alexander […]
Uber is done being solely a ride-hailing company. Under the leadership of CEO Dara Khosrowshahi, the company is well on its way to becoming a multi-modal transportation platform. At a future of mobility event in Washington D.C. today, Khosrowshahi announced Uber’s foray into car rentals, shared bikes in D.C. and public transportation. Khosrowshahi also sat on a […]
Are you still waiting for the Windows 10 Spring Creators Update, which many expected to be released yesterday? You may be in for a long wait. According to the latest report from Windows Central’s Zac Bowden, Microsoft found a major bug in the latest release of its operating system that could push the release back […]
Who are you? That’s both an existential question, and also a very practical administrative concern. Today, identity is often exchanged through the use of government ID cards and official paperwork, but what happens when someone loses that paperwork or it is destroyed? Or, as is often the case in many countries around the world, a […]
Tenor is now going to exclusively power GIF searches in LinkedIn messaging after Google a few weeks ago, adding yet another service to its already pretty large portfolio of messaging platforms. Tenor has long positioned itself as a GIF search tool working across a number of different platforms, ranging from its own keyboard to Facebook […]
Google is launching a major update to Google Sheets today that’ll make the life of spreadsheet jockeys just a little bit easier — and may just make the switch from Microsoft Excel a bit more tempting for some. That’s because with this update, Sheets users can now finally record macros. That’s a feature that has […]
At its re:Invent developer conference, AWS made so many announcements that even some of the company’s biggest launches only got a small amount of attention. While the company’s long-awaited Elastic Container Service for Kubernetes got quite a bit of press, the launch of the far more novel Fargate container service stayed under the radar. When […]
After a huge early buzz, Snapchat’s wearables ultimately bellyflopped. The company says it lost $40 million on the device. But that failure wasn’t enough to dissuade the company from giving things another go — and from the sound of it, the second version of Spectacles find the company taking hardware a bit more seriously this […]
Google sent an email to G Suite customers to tell them that the company has been working on a brand new version of Gmail for the web. In addition to a fresh design, the company also listed some of the new features. You can expect to be able to access Google Calendar from the Gmail […]
Uber is officially a multi-modal transportation platform. On the heels of its acquisition of bike-share startup JUMP, Uber CEO Dara Khosrowshahi today announced Uber Bike‘s expansion into Washington D.C., along with two key partnerships in car rentals and public transit. The first is with instant car-booking service Getaround, which launched at TechCrunch Disrupt NY in […]
Startup life is full of quick, lateral thinking. “Move fast and break things” is the mantra. However, with the rise of token sales – essentially vehicles for untested startups to raise millions in a few minutes – lots of stuff gets broken and little gets fixed. Take BCT – the Blockchain Terminal – for example. […]
Bloglovin’ has a new name, new funding and a new CEO: Kamiu Lee, who previously served as the company’s vice president of strategy and business development. It sounds the rebrand and Lee’s promotion are both part of a growing emphasis on the company’s influencer marketing business, where it helps advertisers find influencers who can promote […]
Let’s share a bit more about our agenda for TechCrunch’s Tel Aviv event. This year, the event will focus on mobility and everything around it, from autonomous vehicles, to sensors, drones and security. That’s why I’m incredibly excited to announce two great speakers. Argus Cyber Security co-founder and CEO Ofer Ben Noon and Here Technologies […]
Last fall, Hulu and Spotify teamed up to offer students a bundle including both of their services for a discounted price, compared with paying for each subscription separately. Today, the companies are announcing a similar discounted bundle will be available to all users. Spotify’s 71 million-plus existing Premium users will get the first shot at […]
After a few years of hype, a lot of the noise within the VR industry has died down, but with so many pushing social experiences as one of the platform’s most endearing user cases, there has still managed to be a feverish amount of activity to own the social networking space. One such startup, Liverpool-based […]
Qualcomm’s chips already power virtually every Android smartphone on the market, but the company has long set its sights beyond this core market and is increasingly looking at IoT as one of its next major growth areas. Earlier this year it launched its new embedded platform for IoT developers; today, it’s introducing two new systems-on-a-chip […]
TravelPerk, a Barcelona-based SaaS startup that’s built an end-to-end business travel platform, has closed a $21 million Series B round, led by Berlin-based Target Global and London’s Felix Capital. Earlier investors Spark Capital and Sunstone also participated in the round, alongside new investor Amplo. When we last spoke to the startup back in June 2016 — as it […]
Tandem, the U.K. challenger bank founded by fintech veteran Ricky Knox, has rolled out its second banking product today with the addition of fixed term savings accounts. The new offering enables customers to get a guaranteed interest rate if they deposit their money with Tandem over one, two or three years, and follows the launch […]
Ant Financial, the Alibaba affiliate that looks after the firm’s hugely popular Alipay service, is reportedly gearing up for an enormous funding round that could take its valuation to $100-$150 billion. The Wall Street Journal reported that Ant is in talks to raise upwards of $9 billion at the $100 billion mark, while Bloomberg suggested […]
Retail has been revolutionized over the last decade, with brands like Casper and Warby Parker offering high-quality goods at lower costs simply by selling them through the internet. Koio, a relatively new high-end sneaker brand, is looking to get in on the new retail wave, and the company has some fresh cash to do it. […]
Lyft, Uber’s chief nemesis in the U.S., is thinking of entering the fiercely competitive Japanese ride-hailing space, according to comments from one of its founders. “We would love to be in Japan, and we also will be looking at that possibility,” John Zimmer, Lyft co-founder and president, said at the New Economy Summit 2018 in Tokyo. […]
German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment. The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in $35 million in what is its first deal in Southeast Asia. The […]
Liberis, the London-based fintech that provides finance for small businesses, has raised £57.5 million in new funding to help support the company’s growth. The alternative finance provider makes loans against a company’s future credit and debit card sales. The majority of the new capital being raised by Liberis is debt, which in turn will enable […]
We all know that mindfulness can ease stress, but when you’re a working parent, it feels hard to find the time to fit in anything — even 10 minutes of meditation. Luckily, you can build mindfulness into your busy routine. Spend a few minutes writing down the activities you do each day: drop the kids […]
Boris Teksler Contributor Boris Teksler is the former licensing chief at Apple and current chief executive of the patent licensing company Conversant IP. Joe Silino Contributor Joseph Siino is the former intellectual property chief at Yahoo and the current president of Via Licensing. Ira Blumberg Contributor Ira Blumberg is the vice president of IP at […]
How can an electric scooter ride-sharing company like Bird possibly make money? If you live in a select number of cities in the U.S., it’s hard not to see electric scooters appearing on sidewalks all over the place. Electric scooter ride-sharing services are also remarkably cheap: $1 to start a ride and another $0.15 per […]
The app permissions that led to 87 million Facebook users’ data being harvested and sold to Cambridge Analytica may have also allowed access to those users’ inboxes, the company confirmed today. This wasn’t achieved by any underhanded means, exactly, but people might not have realized that they were granting permission to read and record their […]
Okay, Apple, now you’ve got my attention. Not content with landing an Amazing Stories reboot from Steven Spielberg, multiple series from Reese Witherspoon, a space opera from Ron Moore and much more for its upcoming original TV initiative (which might launch next March), Apple is also developing a series based on Isaac Asimov’s Foundation books. […]
Spotify’s got something big up its sleeve, that much we know for sure. The music streaming service has a big event in the works for April 24 in New York — though it hasn’t really offered up anything useful beyond that. A revamped version of the company’s free tier could certainly make sense for the […]
While many of us in the tech world are familiar with Facebook’s business model, there is a common misconception among people that Facebook collects information about you and then sells that information to advertisers. Zuckerberg wants everyone (especially the U.S. Senate) to know that’s not the case, and has laid forth the most simple example […]
The death spiral of blood-testing startup Theranos just became even more real today for the bulk of its remaining employees. The Wall Street Journal reports that the company has laid off the majority of its staff as part of a “last-ditch effort” to save cash and avoid bankruptcy. The layoffs have taken the staff from […]
Myst holds a special place in the hearts of many. Released in 1993, it was unlike any video game most had seen at the time — and yet, its DNA lingers in countless games released today. It was also the game that made tens of thousands of kids beg their parents for a CD drive. […]
Today’s testimony by Mark Zuckerberg in front of a Senate joint committee was often boring or redundant with previous statements. But there was an exchange near the two hour mark that was pleasantly refreshing: Senator Lindsey Graham (R-SC) doggedly pursuing a common-sense answer from Zuckerberg on the question of whether it had any real competition. […]
Facebook’s founder said last month that the company is open to being regulated. But today he got asked by the US senate what sort of legislative changes he would (and wouldn’t) like to see as a fix for the problems that the Cambridge Analytica data scandal has revealed. Zuckerberg’s response on this — and on […]
There is a classic stereotype of the Silicon Valley entrepreneur: often a computer science nerd, almost certainly male, ambitious, and most importantly, young — very young. Founders who have been covered extensively by the media, like Bill Gates, Steve Jobs, and Mark Zuckerberg, started their companies still glimpsing their teenage years, and that reputation has […]
Ilya Strebulaev Contributor An expert in corporate finance, venture and angel capital, innovation financing, corporate innovation and financial decision-making, Ilya Strebulaev is the David S. Lobel Professor of Private Equity and Professor of Finance at the Stanford Graduate School of Business. A $1 billion valuation was until recently a significant badge of honor for a […]
In testimony before the Senate Judiciary and Commerce, Science, and Transportation committees, Facebook chief executive Mark Zuckerberg said that his company did not notify the Federal Trade Commission about the initial user data leak that triggered its most recent privacy scandal. “They considered it a ‘closed case’,”Zuckerberg said in response to a question over whether […]
At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its […]
In his opening statement in today’s Senate hearing with Mark Zuckerberg, Senator Thune (R-SD) noted that Cambridge Analytica, the company most associated with the ongoing privacy debacle, will be examined separately at another time. “There are plenty of questions about the behavior of Cambridge Analytica and we expect to hold a future hearing on Cambridge […]
This isn’t really surprising if you’ve been following Uber’s legal woes. But the Court of Justice of the European Union has confirmed to Uber France that Uber is operating a transportation company. Member countries can prohibit or punish Uber in their own countries without involving the European Union. Over the past few years, Uber has […]
Facebook has become the de facto way people today keep up with their friends and family and, at times, their wider network of professional acquaintances and colleagues. But its inattention to user data protection is leading some people looking for an out. A new app called Garden, officially launching today, wants to offer people a […]
It’s hard to #DeleteFacebook with no viable alternative, but at least you can export all your data. There’s no such option on Instagram. That lack of data portability puts users at the mercy of Instagram’s product and policy decisions. And it could even put users at risk as those who seek to backup their accounts […]
Alex Wilhelm Contributor Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor Spotify steadies, DocuSign’s big year, and scooters are the new blockchain Live from Disrupt SF: Equity talks Slack, Lyft and flying cars Today Carbon Black filed to go public, publishing its S-1 […]
It’s Equal Pay Day today — that is, the day women had to work full-time this year to make up the difference between what men made working full-time last year. The actual date is mostly symbolic, but while it’s been narrowing, the gender pay gap is real. Earlier this month, I had a chance to […]
Entrepreneurs have it rough in Africa, India, Pakistan — places where VC cash doesn’t fall from the sky and necessary infrastructure like reliable banking and broadband can be hard to come by. But companies grow and thrive nevertheless in these rugged environments, and DFS Lab is an incubator focused on connecting them with the resources […]
Uber is rolling out a new app for drivers starting today. The hope with the redesign is to make it easier for drivers to access the information they need the most, while ensuring the app is not a distraction while behind the wheel, three Uber driver app product leads told TechCrunch last week. Earnings and […]
So far we’ve been telling you about all of the awesome humans we’re going to have at TC Sessions Robotics next month in Berkeley — humans like Boston Dynamics’ Mark Raibert, Playground’s Andy Rubin, Fetch’s Melonee Wise and Pieter Abbeel, Ken Goldberg and Robert Full from U.C. Berkeley. But what of the robots? Don’t worry, […]
b8ta, the store founded by Nest alums to sell trendy gadgets, is entering new territory. Today, the startup is launching “Built by b8ta,” which functions as a retail-as-a-service platform for brands that want a physical presence. Building off the success of its own retail stores, b8ta is confident it can provide an easy, cost-effective solution […]
Vimeo today announced the launch of a new Mac app that will give video creators using Final Cut Pro more control over their file formats and video codecs. The app expands upon the existing integration with Final Cut Pro, which already offered the ability to upload to Vimeo. With the new app, creators can upload […]
Julia is Sesame Street’s first autistic character and her mission is to make neuroatypical kids feel more comfortable and understand that there are kids out there just like them. She’s a sweet little muppet and now she’s getting her own Kickstarter campaign. The campaign is raising $75,000 to produce content and a free book featuring […]
Cambridge, U.K.-based startup Spectral Edge has closed a $5.3M Series A funding round from existing investors Parkwalk Advisors and IQ Capital. The team, which in 2014 spun the business out of academic research at the University of East Anglia, has developed a mathematical technique for improving photographic imagery in real-time, also using machine learning technology. As we’ve reported […]
