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Group-edited weblog about technology start-ups, particularly the Web 2.0 sector.



We probably still need some more numbers for this Very Important Twitter Chart  

 I’m reviewing the transcript in my notes of Twitter’s second-quarter earnings call — which definitely did not go well, with the stock crashing more than 10% — and it seems like Twitter is beating the drum very hard on its daily active user growth. The company is regularly referring to double-digit growth in its DAU count year-over-year and that it is stressing DAUs as… Read More

2017-07-27 13:53:28
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Cycflix lets you watch Netflix, but only if you keep up the pace  

 Netflix (and social media, and Seamless, and the convenience economy, and so on) has totally wrecked my fitness routine. But a new program from Dublin Institute of Technology student Ronan Byrne may save the day. Cycflix is a project that lets you hook a stationary bike up with your Netflix account so that your favorite shows only play if you stick to your fitness routine. It works by hooking… Read More

2017-07-27 13:25:09
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Rent the Runway is launching same-day delivery, starting in NYC  

 Rent the Runway customers can now be one step closer to actually not having a closet. The company just announced they are launching same-day delivery in NYC, with plans to expand to other markets soon. Customers who order by 12pm will have their order delivered by 5pm, and receive live updates with the ability to adjust the delivery window. To be clear, Rent the Runway has experimented with… Read More

2017-07-27 13:11:58
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Cristiano Ronaldo acquires digital agency to launch his 7EGEND venture  

 Sporting stars have followed Hollywood and music industry celebrities into the world of startups and tech investing, but until now the world’s biggest soccer player, Cristiano Ronaldo, has played the tech ball close to his feet. Not any more. The highest paid player in the world has bought the lion’s share of one of Portugal’s biggest digital agencies with a view to create a… Read More

2017-07-27 13:07:43
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Russian scientists put a defibrillator on a drone  

 In what looks like a potentially useful use of drone technology, Russian scientists at the Moscow Technology Institute have stuck a defibrillator on a drone so it can be remote piloted to a person in need of cardiopulmonary resuscitation. Read More

2017-07-27 10:24:56
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Mitel to buy ShoreTel for $430 million to create unified communications powerhouse  

 Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company. As for ShoreTel, while it… Read More

2017-07-27 09:56:40
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Twitter is having a very bad day  

 Twitter reported its second-quarter earnings today, and it did not go over well. As a result, the stock is down more than 12% in trading today — which is a very Twitter thing to happen, so to speak. Here’s the chart, which could pretty much be summed up with a  : Today also wiped out most of the gains that it accrued year to date. Twitter’s last report was a rare positive… Read More

2017-07-27 09:29:24
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UpCodes makes researching building regulations less exhausting for architects  

 For architects, complying with building codes means navigating labyrinthine layers of regulations that vary between municipalities. Sorting through different codes and keeping track of updates is a daunting task and, in a worst-case scenario, a mistake can cost thousands or even millions of dollars to tear out and fix. Firms that can afford it hire building code consultants, but a startup… Read More

2017-07-27 08:06:45
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GoPro's CEO believes a simple video editing app holds the key to the company's future  

 Nick Woodman believes QuikStories represents the path forward for GoPro. The company’s founder/CEO doesn’t hold back. “You can say this is the biggest thing we’ve done to simplify the experience of sharing video since the invention of the GoPro itself,” he says matter of factly. Investors haven’t always agreed with his decisions, but his unbridled enthusiasm… Read More

2017-07-27 07:38:34
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Peer5 raises $2.5M for its peer-to-peer approach to streaming video  

 Peer5, which helps publishers stream video to large audiences, is announcing that it has raised $2.5 million in seed funding. I wrote about the startup earlier this year when it was part of Y Combinator. CEO Hadar Weiss said he raised the funding after YC Demo Day from investors including FundersClub, Oriza Ventures, Tank Hill Ventures, Leorsa Group, Ed Roman and Buddy Anheim. In… Read More

2017-07-27 07:21:12
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Comcast's 'Instant TV' service for cord cutters could launch by year-end  

 Comcast’s newest entry into the market of streaming TV services aimed at cord cutters could be launched later this year, according to statements made by executives on the company’s earnings call this week. The service, known as “Xfinity Instant TV,” would be available to subscribers without the need for a set-top box, challenging rivals like Dish’s Sling TV… Read More

2017-07-27 07:10:20
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YouTube Red and Google Play Music to merge, says report  

 Google Play Music and YouTube Red will be merged to create a new streaming service, according to a report from The Verge, which Google then essentially confirmed with a statement indicating that changes are not taking place immediately. The company said users would receive plenty of notice before any changes were made, and noted it was still in the process of evaluating how to best bring its… Read More

2017-07-27 06:56:22
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Apple discontinues iPod nano and shuffle and doubles iPod touch capacities to 32GB and 128GB  

 Get out the Kleenex and hit play on the Boyz II Men musical montages — it’s officially the end of an era. Three years after discontinuing the iPod classic, Apple is finally doing the same its lower-end brethren, the shuffle and nano. The company pulled both iconic MP3 players from its site earlier today and has since confirmed with TechCrunch that this is, indeed, the end. That… Read More

2017-07-27 06:42:15
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Microsoft updates PowerApps and Flow with a focus on deeper integrations and advanced workflows  

 Microsoft today is launching a couple of major updates to PowerApps, its low-code service for quickly building line-of-business applications, and Flow, its business-centric IFTTT competitor. While these are obviously two very different applications, the general idea to allow businesses to leverage the data that they already generate is similar across both projects. Ryan Cunningham… Read More

2017-07-27 05:49:02
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Amazon Prime Now launches in Singapore, its first market in Southeast Asia  

 It’s official — Amazon has launched its Prime New delivery service in Singapore, its first market in Southeast Asia. The Amazon apps went live in Singapore early last night local time, and Prime Now — an aggressive two-hour delivery service — is available to Singapore’s population of over five million people from today. The launch includes “tens of thousands… Read More

2017-07-27 05:20:01
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In the murky world of ICOs, this young founder aims to lead the way  

 When it comes to initial coin offerings, or ICOs, there’s plainly a lot that investors still don’t understand. Though start-ups and founders have raised more than $1 billion so far 2017 by selling customized virtual currencies to anyone willing to buy them, it’s been unclear whether and which tokens might eventually be categorized as securities; how ICOs impact… Read More

2017-07-27 05:07:09
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WeWork launches dedicated China business backed by $500M from investors  

 WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million from existing backers SoftBank, Hony Capital and other undisclosed investors. This fresh influx of capital is not tied to a recent $760 million financing round that closed earlier this month, at a reported valuation of $20 billion. Read More

2017-07-27 04:29:26
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Sling TV to host pay-per-view events, starting this weekend with UFC fight  

 Dish’s streaming service for cord cutters, Sling TV, will host its first ever pay-per-view event this weekend, by offering coverage of UFC: 214: Cormier v. Jones 2. The fight between former titleholder Jon Jones and current champion Daniel Cormier is taking place on Saturday, July 29 at the Honda Center in Anaheim, Calif. Access to the event will be offered to Sling TV viewers for… Read More

2017-07-27 04:14:21
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Slack is raising a $250 million round at $5 billion valuation  

 Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round last month, but… Read More

2017-07-27 04:09:39
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Samsung posts record quarterly profit despite scandals  

 Despite being slammed by scandals, Samsung just recorded a record quarter of business with a net profit of $9.9 billion for Q2 2017. The Korea firm has been rocked by the recall of the Galaxy Note 7 and the prosecution of de facto leader Jay Y. Lee on bribery charges, but that didn’t stop it from pulling in revenue of $54.8 billion during the three-month period. That revenue figure rose… Read More

2017-07-27 04:07:18
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LG says its flagship G6 smartphone isn't selling as well as expected  

 LG’s mobile business is in a sticky patch after the company admitted its flagship LG G6 smartphone hasn’t sold as well as expected. LG Electronics itself posted a business-wide operating income of KRW 664.1 billion (USD 588.2 million) on overall revenue KRW 14.55 trillion (USD 12.89 billion). While LG’s operating income rose by 14 percent year-on-year to outpace a four… Read More

2017-07-27 04:02:56
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Jeff Bezos beats out Bill Gates to become world's richest person  

 Ahead of its earnings later today, Amazon stock hit an all-time high during intraday trading and with it CEO Jeff Bezos’ estimated wealth hit $90.9 billion, Bloomberg reports. This number pushes the net worth of the Amazon founder past that of Microsoft founder Bill Gates, still sitting pretty with $90.7 billion, earning Bezos the title of world’s richest person. Bezos ending the… Read More

2017-07-27 03:53:56
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Kickstarter co-founder and CEO Yancey Strickler will step down this year  

 Yancey Strickler, Kickstarter co-founder and CEO, is going to step down from his role at the company later this year, he wrote in a blog post last night. Kickstarter is now actively looking for a replacement. Kickstarter’s other two co-founders, Charles Adley and Perry Chen, are also no longer in operational roles at the company. Adley left back in 2013 and Chen stepped down from the… Read More

2017-07-27 02:46:35
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Crunch Report | SEC Starts Regulating ICOs  

Smallest spacecraft ever launched makes it into low-earth orbit, the SEC starts regulating ICOs and a new dating app only for verified Twitter users. All this on Crunch Report. Read More

2017-07-27 02:26:03
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Net30 wants to fix the construction industry's payments problem  

 The invoicing and payments process in the commercial construction industry is broken. It takes a median of about 70 days to get paid, which means contractors are often stuck without enough working capital. Net30, a startup in Y Combinator’s current batch, wants to solve that problem. Read More

2017-07-27 02:18:11
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Brolly, an 'AI-driven' insurance app, raises £1M seed round led by Valar Ventures and Pi Labs  

 Brolly, a U.K. ‘insurtech’ startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with Pi Labs co-leading. Entrepreneur First (EF) also participated via the company builder’s £40 million “Next Stage Fund”. Read More

2017-07-27 01:51:51
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Hear dispatches from the frontiers of security and privacy at Disrupt SF 2017  

 Your data is in demand: just about everyone, from hackers and scammers to multinationals and governments wants it. How can you keep it safe? How can we set limits on tracking, advertising, and the fast-advancing field of data-sucking AIs? And what does the situation look like from the side of the companies and adversaries? Those are questions we aim to tackle in September at Disrupt SF. Read More

2017-07-27 01:16:18
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BuzzFeed is getting into the smart appliance business with the Tasty One Top  

 Here’s a sentence I never expected to write: BuzzFeed is making its first smart appliance, the Tasty One Top, available for pre-order. It sounds a little weird for a digital media company to try to sell you a fancy hot plate, but this is part of BuzzFeed Product Labs, which was created last year following the acquisition of e-commerce startup Scroll. The team’s goal is to… Read More

2017-07-27 01:02:07
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Facebook beats in Q2 with $9.32B revenue despite slower user growth  

 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue growth is slowing, in line with Facebook’s warning to investors that it was running out of space to show… Read More

2017-07-26 20:48:14
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WhatsApp hits 1B daily users while its Snapchat clone rockets to 250M  

 Facebook is winning the race to bring Snapchat’s Stories format to the rest of the world before its originator. WhatsApp Status, its version of Snapchat Stories, now has 250 million daily active users. That’s despite it being relegated to a secondary dedicated tab in the app, opposed to being front and center on the home screen like Instagram Stories which also now has over 250… Read More

2017-07-26 20:47:10
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Walmart cancels SNES Classic pre-orders, says 'technical glitch' made it appear  

 A few days ago — seemingly out of nowhere — a product page for Nintendo’s upcoming SNES Classic went live on Walmart.com, complete with a pre-order button. The Twitterverse lit up with people trying to share the news before the resellers caught on. As did my phone. Didn’t get your pre-order in? That’s okay. It looks like no one is getting them. Read More

2017-07-26 20:40:37
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A running list of every company backed by the $93B SoftBank Vision Fund  

 When SoftBank announced the first close of its $93 billion Vision Fund back in May, it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. For starters, it seemed like a good idea to keep a running list of all Vision Fund investments for reference. We will update this list on a regular basis. Read More

2017-07-26 17:32:19
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Judge rules Anthony Levandowski can be called to testify in Uber/Waymo trial  

 In the latest hearing to define the scope of the upcoming trial between self-driving technology rivals Waymo and Uber, District Judge William Alsup said Anthony Levandowski, the star engineer at the center of the affair, could be called to testify in court. Read More

2017-07-26 17:02:45
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PayPal growing faster than expected  

 Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3 percent from last year. Read More

2017-07-26 16:55:30
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Facebook's CSO: the security industry needs to change  

 Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a “family” — then gave a speech which felt a little like an… Read More

2017-07-26 15:52:23
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Microsoft launches Windows Bounty program, offering awards up to $250,000  

 Microsoft has been running a bounty program for a few years now, launching it just ahead of the release of Windows 8.1 back in mid-2013. At the time, the company was awarding up to $50,000 for exploits, in an attempt to help address any potential security issues before they could become a larger public concern. Read More

2017-07-26 15:44:37
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Tech leaders respond to Trump's ban of transgender people in the military  

 With Obamacare reform back from the dead and wending its way toward a substantive vote, the Trump administration has decided that two massive national policy controversies are better than one. In a set of tweets this morning, President Trump announced that he is banning transgender individuals from serving in any capacity in the U.S. military. The decision, if implemented, would reverse an… Read More

2017-07-26 15:09:38
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HTC teases a standalone Vive VR headset for China  

 Today at ChinaJoy, HTC announced that it is working on a standalone headset for Chinese markets built on its own Viveport content platform. The headset appears to be cosmetically identical to the one which HTC is bringing to the U.S. with Google. The differences between the headsets seem to lie largely on the differences in tracking technologies and VR platforms themselves. While the U.S.… Read More

2017-07-26 14:44:42
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Here's how much the best Overwatch players will make in Blizzard's new pro league  

 E-sports is maturing at a rapid pace. What once was only found on a Twitch stream here and there is now becoming the new favored spectator sport for an entire generation of gamers. Blizzard recently announced the first city-based e-sports league for the ultra-popular game Overwatch. As a follow-up, Blizzard has outlined some of the standards for signing and employing professional players. Read More

2017-07-26 13:15:24
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Blue is a dating app for verified Twitter users  

 A new app is looking to romantically match folks who are verified Twitter users. Blue, by Loveflutter, has launched a new version of their existing dating app that only allows Twitter users with that little blue tick to search for love, and only amongst their fellow blue-tick holders. Loveflutter has actually been around for a while, pivoting from matches based on shared interests (innovative!)… Read More

2017-07-26 12:23:15
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The IPO market in 2017? Underwhelming so far, underscores a new survey  

 The IPO market isn’t looking much more vibrant than last year, underscores a new survey. That could be discouraging for those who hoped a blah year would lead to a booming one. In fact, unless the fall is an especially active time for IPOs — and it might be — 2017 may well serve as one of the less memorable years in recent history. Read More

2017-07-26 11:55:06
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Airbnb has a new revenue-sharing deal with the NAACP  

 Airbnb has partnered with the NAACP to bring economic opportunities to people of color. Through the partnership, which includes a revenue-sharing agreement, Airbnb and the NAACP will reach out to communities of color about the benefits of sharing their homes on Airbnb. Read More

2017-07-26 11:52:04
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Ebay to launch visual search tools for finding products using photos from your phone or web  

 Ebay this morning announced its plans to introduce new image search capabilities that will allow the company to better compete with the likes of Pinterest, Google and Amazon, all of which already support the use of photos in order to connect online shoppers with products of interest. There are two parts to eBay’s implementation of visual search: Image Search and Find It on eBay. With… Read More

2017-07-26 11:45:28
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Apple and Cochlear team up to roll out the first implant made for the iPhone  

 Apple has teamed up with Australian-based Cochlear to bring iPhone users the first made for iPhone Cochlear implant. Approved by the U.S. Food and Drug Administration in June, Cochlear’s Nucleus 7 Sound Processor can now stream sound directly from a compatible iPhone, iPad or iPod touch to a patient’s surgically embedded sound processor. The device also allows those with the… Read More

2017-07-26 11:44:15
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Bullish: Increasing access to technology for blind people  

 Technology can be central to the lives of the 285 million people in the world who are blind or visually impaired, as long as they know how to use it. That’s where Erin Lauridsen, access technology director at LightHouse for the Blind and Visually Impaired, comes in. In her role, Lauridsen helps ensure people who are blind and visually impaired “know how to access all of the… Read More

2017-07-26 10:23:32
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eMarketer's 2017 forecast puts Roku ahead of Chromecast and others in the U.S.  

 Roku may be the most-used connected TV device this year, edging out Chromecast, Fire TV and Apple TV, according to a new 2017 forecast from eMarketer released this morning. The firm estimates that 38.9 million U.S. users will use a Roku device at least once per month in 2017, up 19.3 percent from last year. This would lead to Roku capturing 23.1 percent of all connected TV users, in terms… Read More

2017-07-26 10:21:37
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Google launches its own AI Studio to foster machine intelligence startups  

 Another week, another new Google initiative targeting AI startups. We started the month with the announcement of Gradient Ventures, Google’s on-balance sheet AI investment vehicle. Two days later we watched the finalists of Google Cloud’s machine learning competition pitch to a panel of top AI investors. And today, Google’s Launchpad is announcing a new hands-on Studio program. Read More

2017-07-26 10:13:50
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Line's Q2: Fewer active users but profits leap off rising ad revenues  

 Not every social messaging player can hope to grow into a mega platform. And Japan’s Line Corporation looks to have reached a peak in user growth — even as it shows it can grow revenue and generate rising profits off of a shrinking user-base. Read More

2017-07-26 10:08:31
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Logitech Circle 2 is a great surveillance system, but for a price  

 Accessible home monitoring should be more than just being able to buy a security camera. It means having a packaged software experience, where you should be able to link cameras over a secure cloud connection while mounting them on walls, glass or the outdoors. Because we live in the age of connected devices, being able to interface with Alexa and HomeKit software should not only be a bonus but… Read More

2017-07-26 09:29:14
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Google.org commits $50 million to help prepare people for the 'future of work'  

 Google.org is on a mission to help people find jobs, so it has pledged $50 million to fund nonprofit organizations that are focused on using technology to improve job searching, job matching, skill-building and all things job-related. “We also recognize that the way we work is changing, and we want to make sure that as many people as possible can make the most of the new jobs, industries… Read More

2017-07-26 08:14:24
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OpenText acquires forensic security vendor Guidance Software for $240 million  

 OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million. OpenText agreed to pay Guidance shareholders $7.10 a share. The price will be less Guidance’s cash on hand of approximately $18 million, making the final price just around $222 million, according to OpenText. Read More

2017-07-26 07:48:33
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HotelTonight now lets you upgrade to a suite for 50% off  

 Hotel Tonight just launched a new feature that lets users upgrade to suites on the cheap. If available, the option will pop up during checkout, and will always cost less than 50% of the standard upgrade rate. And at first glance prices in the app seem pretty affordable — some hotels are offering upgrades for less than $50, with only a few hotels pricing upgrades in the hundreds. Read More

2017-07-26 07:29:27
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Apple or Foxconn could be building factories in the US — or maybe not  

 President Donald Trump surprised everyone yesterday when he told the Wall Street Journal that Apple CEO Tim Cook told him Apple would build three factories in the U.S. It’s worth quoting Trump on this one: “I spoke to [Tim Cook], he’s promised me three big plants — big, big, big,” he told the WSJ. “I said you know, Tim, unless you start building your plants… Read More

2017-07-26 07:10:13
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The CRISPR patent battle is back on as UC Berkeley files an appeal  

 The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that earlier this year ruled in favor of the Broad Institute of MIT and Harvard. Read More

2017-07-26 06:09:59
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Medium acquires Talkshow Industries, with CEO Michael Sippey becoming Medium's head of product  

 Medium has a new head of product, while the startup behind the defunct texting app Talkshow appears to be done for good. Talkshow Industries was led by Michael Sippey, who’d spent two years as vice president of product at Twitter. The company’s first product was the Talkshow app, which allowed you to follow other users’ text message conversations. Read More

2017-07-26 06:05:38
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For startups, VC funding is always in season  

 We’ve entered the dog days of summer. For many, that means time on the beach, backyard barbecues and, if you’re like us, seeking out the blissful respite afforded by a solid air conditioning system. In the land of startups and venture capital, however, summer can mean something a bit different. Read More

2017-07-26 05:54:36
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WalkMe raises $75M more for its AI-based on-screen guidance tech  

 More funding is rolling in for Israeli startups. Today, WalkMe — company that has built a cloud-based platform for businesses to make web and mobile interfaces and experiences easier to navigate with on-screen guidance and prompts — has raised $75 million. It plans to use the funding to expand into newer markets like Japan, Germany and Latin America, as well as to make more… Read More

2017-07-26 05:48:03
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iRobot to acquire its biggest European distributor for $141M  

 Consumer robot maker iRobot is to acquire its largest European distributor, Robopolis, in a cash deal worth $141 million. The company said it’s signed a definitive agreement to acquire the privately-held, French company, with the acquisition expected to close in October 2017. Read More

2017-07-26 05:39:22
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Vicarious gets another $50 million to expand its research team and build smarter robots  

 Elon Musk and Mark Zuckerberg might not be able to agree about much when it comes to AI these days, but the pair do seem to see the same potential in Vicarious, a startup applying unsupervised learning techniques to robots. Musk and Zuckerberg were two of the early backers of Vicarious. The startup announced that it raised an additional $50 million in financing this morning (via… Read More

2017-07-26 05:36:15
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Elon Musk shares footage of The Boring Company's first working car elevator  

 Elon Musk’s Boring Company is getting closer to becoming a reality. The businessman conceived the idea in December in response to the pain of clogged up roads and traffic jams, and it has begun to take shape thanks to work carried out this summer. The basic idea is that underground tunnels can transport vehicles from A to B more quickly and efficiently than roads, with no time wasted… Read More

2017-07-26 05:35:57
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Momenta raises $46M Series B for its self-driving car software  

 Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and Daimler also participated in the round. Quite a few U.S. Read More

2017-07-26 05:20:04
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Cleo, a chatbot that wants to replace your banking apps, raises £2M led by LocalGlobe  

 Cleo, the London-based fintech startup that offers an AI-powered chatbot to help you manage your finances, has closed £2 million in further funding, adding to an impressive list of backers that already includes Skype founder Niklas Zennström. The new round is led by LocalGlobe, the seed VC firm founded by father and son duo Robin and Saul Klein, with participation from a number of… Read More

2017-07-26 05:17:45
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Smallest spacecraft ever launched make it to low-earth orbit  

 Working prototype versions of the smallest spacecraft ever conceived made it to orbit last month, hitching a ride aboard the Max Valier and Venta satellites operated by OHB System and launched into orbit by the Indian Space Research Organization (ISRO). The tiny ‘Sprite’ spacecraft, created by the Breakthrough Starshot program and funded through a 2011 Kickstarter campaign,… Read More

2017-07-26 04:21:48
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Tencent backs Indian education startup BYJU's at a valuation of $800 million  

 Tencent, Asia’s highest-valued tech company, has continued to invest in India after it backed online education service BYJU’s. The startup that includes the Chan Zuckerberg Initiative and Sequoia among its investors. The size of the investment has not been disclosed, but a source close to the deal told TechCrunch that it values BYJU’s around the $800 million mark. Tencent… Read More

2017-07-26 04:10:41
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Meg Whitman steps down from HP's board  

 Meg Whitman is stepping down from HP Inc.’s board, where she was chairman, the company announced Wednesday. Chip Bergh, CEO of Levi Strauss, will be taking her place. Whitman remains at the helm of HP Enterprise. The two companies split in late 2015. HP is the maker of computers and printers, whereas HPE is the enterprise business. Read More

2017-07-26 03:43:15
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Apple's signature earbuds were inspired by Star Wars' iconic Stormtrooper  

 The best iconic designs tend to share inspiration with other inspired creations, and it turns out Apple’s instantly recognizable white plastic earbuds, and by extension the current EarPods and AirPods) were in part influenced by Star Wars: specifically, by the Empire’s ubiquitous enforcer, the Stormtrooper. Once you hear it, the connection seems apparent – Stormtroopers are… Read More

2017-07-26 03:26:33
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Microsoft's new Azure Container Instances make using containers fast and easy  

 Barely a day passes without some news about containers and that speaks to how quickly this technology is being adopted by developers and the platforms and startups that serve them. Today it’s Microsoft’s turn to launch a new container service for its Azure cloud computing platform: Azure Container Instances (ACI). The company also today announced that it is joining the Cloud… Read More

2017-07-26 02:48:42
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CPG investing platform CircleUp will now issue loans to help consumer brands grow  

 It’s hard raising money as a consumer packaged goods (CPG) company, but one startup wants to make it easier. CircleUp, which already helps consumer brands raise millions in equity financing, is now going to issue loans to help smaller CPG companies raise working capital and avoid cash crunches. Read More

2017-07-26 02:26:47
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2 

This facial recognition system tracks how you're enjoying a movie  

 As moviemaking becomes as much a science as an art, the moviemakers need to ever-better ways to gauge audience reactions. Did they enjoy it? How much… exactly? At minute 42? A system from Caltech and Disney Research uses a facial expression tracking neural network to learn and predict how members of the audience react, perhaps setting the stage for a new generation of Nielsen ratings. Read More

2017-07-26 02:21:49
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Crunch Report | Facebook Smart Speaker on the Way  

Facebook is apparently working on its own smart speaker and has acquired digital rights management company Source3, SoftBank could bet billions on Uber, Duolingo raises $25 million and more. All this on Crunch Report. Read More

2017-07-26 02:10:40
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HERE's Real-Time Traffic pools live data from Audi, BMW and Mercedes-Benz cars  

 Mapping expert HERE is launching a Real-Time Traffic service that pulls aggregated data from sensors in Audi, BMW and Mercedes-Benz vehicles that are actually out driving the road, making it the first commercial traffic service of its kind that collects real-time information from vehicles from competing carmakers, according to HERE. The car companies involved are actually all part owners of… Read More

2017-07-26 02:01:45
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1 

Packet expands its global infrastructure with 11 new edge locations  

 Packet is quickly making a name for itself thanks to its unopinionated bare metal cloud. Today, the company is expanding its product portfolio with the launch of its new Edge Compute service in 15 data center locations around the world. Eleven of these locations are new and complement Packet’s existing offerings in New York, Sunnyvale, Amsterdam and Tokyo. The idea behind these new… Read More

2017-07-26 01:36:57
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2 

Yelp adds C-section rates and other stats for all baby delivery hospitals in California  

 Having a baby and want to know if your hospital is particularly C-section happy? Yelp aims to make that process a bit easier with the addition of a new maternity care rate feature. Expectant mothers have been able to get similar information about the maternity care of a particular hospital from state websites already but the information is often hard to find. Yelp, which rolled the feature… Read More

2017-07-26 01:33:28
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3 

Tesla's Top 10 Project Loveday videos reveal truly dedicated fans  

 Tesla is holding a video contest at the suggestion of a 10-year old fan named Bria Loveday, who asked the automaker to hold a competition among fans to see which ones could create the best videos celebrating their Tesla love. The submissions are all in, and Tesla is set to reveal its top 3 picks at Friday’s special Model 3 event at its headquarters in California. The top 10 video… Read More

2017-07-26 01:29:16
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Off The Record sessions will tackle the big topics at Disrupt SF  

 At TechCrunch Disrupt, thousands of rapt attendees watch great interviews onstage only to feel a bit disappointed. Why? They can’t get follow-up on the discussion afterwards to address their specific questions. So at Disrupt SF (Sept. 18-20) we are introducing a new twist for attendees who want to keep the conversation going. Read More

2017-07-26 01:17:21
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2 

Stripe acquires Payable to help on-demand businesses manage 1099 tax reporting  

 With its Stripe Connect product, Stripe wants to make it easier for on-demand and marketplace businesses to not only process payments from their customers, but also make payments to contractors and vendors. In an effort to bolster the tax reporting tools available to them, the company has acquired long-term partner Payable.  Read More

2017-07-26 01:17:20
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Kaspersky Lab releases free antivirus software in global push  

 Kaspersky Lab has launched a free version of its antivirus software in the U.S. with plans for a global rollout over the next four months. Called Kaspersky Free, the software provides the core essentials, including email and desktop antivirus protection, the ability to quarantine infected files, as well as automated updates. The free version lacks some of the premium features users can… Read More

2017-07-26 01:08:36
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1 

Blue Apron COO Matthew Wadiak steps down in post-IPO shakeup  

 Blue Apron announced several changes at the executive level today, including co-founder Matthew Wadiak stepping down from the COO role to become a senior advisor. Wadiak’s changing role comes after a painful IPO for the meal kit delivery service, which first had to reduce its original IPO price and has since seen a significant drop in its share price. Read More

2017-07-25 20:57:04
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4 

Spin brings its pick-up-anywhere bike sharing to South San Francisco  

 Spin, the bike-sharing service that lets you pick up and drop off a bike anywhere in a city, is coming to South San Francisco. The company’s dockless bike-sharing service made its debut in Seattle last week, and is now spinning its way down south to the Bay Area. Read More

2017-07-25 18:50:46
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3 

Sling Studio makes multi-camera video production so damn easy  

Tito Hamze gives an in-depth review of the Sling Studio, a multi-camera production studio that turns your existing cameras wireless and makes your phones into cameras with the ability to control everything from an iPad as a switcher. It’s the most portable multi-cam setup I’ve ever used — and it’s awesome! Read More

2017-07-25 18:24:35
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2 

Here's the schedule for when Legendary Pokémon will come and go in Pokémon GO  

 Ever since the first Legendary Pokemon (read: ultra strong, ultra rare Pokemon that require groups of 10-20 players to capture) appeared in Pokemon GO shortly after the upset that was GO Fest, one thing has remained unclear: were the Legendaries here to stay? Read More

2017-07-25 16:09:33
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3 

Toyota's new solid-state battery could make its way to cars by 2020  

 Toyota is touting its progress on a new kind of battery technology, which uses a solid electrolyte instead of the conventional semi-liquid version used in today’s lithium-ion batteries. The car maker said that it’s near a breakthrough in production engineering that could help it put the new tech in production electric vehicles as early as 2020, according to the Wall Street Journal.… Read More

2017-07-25 15:40:19
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2 

ThinkGeek has NES Classics in stock — with a catch  

 If you want an NES Classic Edition (and you should) but don’t want to pay hundreds on eBay (and you shouldn’t), you’re in luck. ThinkGeek has a few in stock that its parent company, GameStop, mysteriously didn’t sell back when everyone was trying to buy them. They’re on sale right now, and will probably run out within an hour. Read More

2017-07-25 15:19:33
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2 

Wallflower wants to prevent cooking fires by making your stove smarter  

 The fire department responds to a home fire every 86 seconds, and many of those start in the kitchen. Wallflower is a device that easily hooks into most electric stoves, between the outlet and the stove itself, to notify users if there is risk of a fire. If the stove is on when you leave the home, the Wallflower will send a notification to the your phone to remind you to turn it off. In fact,… Read More

2017-07-25 13:38:15
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3 

iRobot's CEO defends Roomba home mapping as privacy concerns arise  

 iRobot CEO Colin Angle has been talking about his company’s plans to map user homes with the Roomba for a while now, but a recently published Reuters interview has raised a number of new privacy concerns. Of particular note is a bit where the executive speculates that the company “could reach a deal to sell its maps to one or more of the Big Three [Amazon, Apple, Google] in the… Read More

2017-07-25 13:09:55
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2 

The Envirobot robo-eel slithers along the shore for science  

 The next time you’re swimming in Lake Geneva, don’t be surprised when you feel something eel-like and yet artificial touch your leg. That would be Envirobot, the latest biomimetic creation from Swiss researchers that autonomously swims around bodies of water and tests them for toxins and other factors. Read More

2017-07-25 12:44:07
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2 

Facebook brings 4K support, other enhancements to Live 360  

 The fact is, 360-degree video sucks for an awful lot of things. One of the use cases that kinda makes sense is in giving someone an honest look into your perspective at a given time. This is also an instrumental part of the pitch for Live so it only makes sense that Facebook would seek to make more and more improvements to the Live 360 platform. Earlier this month, Facebook brought Live… Read More

2017-07-25 12:20:03
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5 

B-Secur's heartbeat biometric ID tech bags $4.5M  

 Northern Ireland based B-Secur has closed a £3.5m (~$4.5M) late stage seed investment for its biometric authentication technology that utilizes an individual’s unique heartbeat pattern, known as an electrocardiogram (ECG), to — in its words — “quickly and securely authenticate identity”. Read More

2017-07-25 11:47:29
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1 

AT&T's streaming service DirecTV Now nears half a million subscribers  

 DirecTV Now, AT&T’s live TV service aimed at cord cutters, has now reached nearly 500,000 subscribers only 7 months after launch, the company announced today as part of its Q2 2017 earnings release. That uptick comes from the addition of 152,000 subscribers this past quarter, and is up from the 200,000 DTV Now subscribers the company had reported in January, following its first month… Read More

2017-07-25 10:33:20
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4 

LG Display will add $7B to its OLED investment in an attempt to challenge Samsung  

 LG Display announced today that it will invest 7.8 trillion won (about $7 billion) to boost its OLED production capacity. This increases the stakes in LG’s competition with Samsung over OLED displays, a market that Samsung dominates by far, as Apple prepares to launch the iPhone 8, which is widely expected to come with OLED screens. Read More

2017-07-25 10:11:36
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0 

Get ready to finally say goodbye to Flash — in 2020  

 Adobe today announced that Flash, the once-ubiquitous plugin that allowed you to play your first Justin Bieber video on YouTube and Dolphin Olympics 2 on Kongregate, will be phased out by the end of 2020. Until then, Adobe will still partner with the likes of Apple, Mozilla, Microsoft and Google to offer security updates for Flash in their browsers and support new versions of them. Read More

2017-07-25 10:08:30
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4 

$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy  

 When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment. To put that into perspective, we’ve put together a list of 10 things you could have bought instead. Read More

2017-07-25 10:04:55
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4 

Online consignment shop thredUp takes on The RealReal with launch of Luxe  

 Online consignment shop thredUp is taking on The RealReal. The e-commerce site for secondhand items today announced the launch of a new luxury goods storefront, simply called Luxe, which is now available as a public beta. Via Luxe, consignment customers can request a “clean out kit” from thredUp, as per usual, and fill it with both their high-end and low-end items, which the… Read More

2017-07-25 09:26:11
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4 

Twitter confirms it is winding down SnappyTV, shifting features to Media Studio  

 Twitter has been making an effort for some time to streamline and simplify its interface to make its social media platform more accessible to new and more casual users, and it is doing the same in the backend of its service. In the latest development, we have confirmed that Twitter is preparing to wind down SnappyTV, a service it acquired in 2014 for quickly clipping, editing and sharing… Read More

2017-07-25 09:22:57
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2 

Adobe accidentally leaks photo-editing app Project Nimbus  

 Project Nimbus is not a secret. Adobe already previewed the app at its MAX conference. But MacGeneration was able to download and play around with the upcoming app. Adobe told MacGeneration that it was available to some Creative Cloud subscribers for a short time by mistake. It has been removed since then. In many ways, Project Nimbus feels like the Photos app and iCloud’s photo library… Read More

2017-07-25 09:13:06
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4 

Bigscreen VR app gets its biggest screen yet with latest update  

 With its latest update out today, Bigscreen is living up to its name. The Andreessen Horowitz-backed virtual reality app will be receiving one of its biggest updates since launch with the Cinema Update, which brings a hulking dynamically lit IMAX-like theater environment into the app which will allow users to watch movies, play games and do work on their PC in a pretty epic manner. Aside from… Read More

2017-07-25 09:01:09
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3 

Motorola's Moto Z gets a 360-degree camera mod  

 The Moto Z was a surprise hit for Motorola — they even made the swappable, modular-backed phone its flagship product. But the novel feature has always been hampered by the fact that there just aren’t that many useful Mods. Today changes the math a bit, with the arrival of the Moto Z2 Force Edition, featuring a shatterproof screen and bigger battery, along with the 360 Camera Moto Mod. Read More

2017-07-25 08:38:26
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4 

Node raises $10.8 million to find you better sales leads  

 The first step of any salesperson is to figure out who to pitch, but some of them are wasting time targeting the wrong prospective clients. That’s the premise behind Node, a startup that says its platform uses artificial intelligence to find sales leads. In “stealth mode” for the past 2.5 years, the company is now announcing a $10.8 million venture financing round. Read More

2017-07-25 08:26:23
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1 

Canaan Partners just closed on $800 million — its biggest fund (by a lot)  

 It’s a years-long trend with no end in sight: venture firms are raising record amounts, owing to growing and sustained fascination from endowments, pension funds, family offices and others who see the sweeping, tech-driven changes all around — from self-driving cars, to new plant-based foods, to far more targeted drugs — and want to be part of that evolution. Read More

2017-07-25 08:01:02
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4 

Qualcomm opens its mobile chip deep learning framework to all  

 Mobile chip maker Qualcomm wants to enable deep learning-based software development on all kinds of devices, which is why it created the Neural Processing Engine (NPE) for its Snapdragon-series mobile processors. The NPE software development kit is now available to all via the Qualcomm Developer Network, which marks the first public release of the SDK, and opens up a lot of potential for… Read More

2017-07-25 07:42:59
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3 




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