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

Goldex raises $1M for its marketplace app for 'ethical' physical gold trading  

Goldex, a trading app that claims to power so-called ‘ethical pricing’ for retail gold investments, says it has now raised over £1M ($1.25M) in a pre-series A round led by a group of angels and institutional investors. Amongst those participating in the round are Prepaid Financial Services (a European payment card issuer); Gaël de Boissard, […]

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2018-12-14 18:01:57

Nvidia's limited China connections  

Another round of followups on Nvidia, and then some short news analysis. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at if you like or hate something here. Nvidia / TSMC questions Following up on my analyses this […]

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2018-12-14 17:56:13

Robinhood said to not be properly insured to offer checking & savings  

Robinhood’s new high-interest, zero-fee checking and savings feature seems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock brokerages, tells TechCrunch its insurance would not apply to checking and savings accounts the way Robinhood claims. “Robinhood […]

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2018-12-14 17:47:45

The new Palm is almost the MP3 player I want  

The iPod Classic still looms larger as my favorite gadget of all time. Sure, plenty have lapped the device in terms of technology, while any lingering concerns about not owning the music I listen to have faded for the ubiquity of Spotify, but the iPod lives on in the perfect sweet spot for my own […]

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2018-12-14 17:23:10

Facebook open sources PyText NLP framework  

Facebook AI Research is open sourcing some of the conversational AI tech it is using to power its Portal video chat display and M suggestions on Facebook Messenger. The company announced today that its PyTorch-based PyText NLP framework is now available to developers. Natural language processing deals with how systems parse human language and are […]

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2018-12-14 17:08:37

Starbucks adding delivery services to more than 2,000 stores via Uber Eats  

Starbucks is expanding its partnership with Uber Eats to more than 2,000 stores in the United States next year, about a quarter of all of the company’s locations in the country. The relationship bolsters Uber’s mission for its on-demand food delivery service, Eats. Uber has said it plans to cover more than 70 percent of […]

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2018-12-14 16:25:11

GE's digital future looking murkier with move to spin off Industrial IoT biz  

When I visited the GE Global Research Center in Niskayuna, New York in April 2017, I thought I saw a company that was working hard to avoid disruption, but perhaps the leafy campus, the labs and experimental projects hid much larger problems inside the company. Yesterday GE announced that it is spinning out its Industrial IoT […]

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2018-12-14 16:07:59

Last call for Polish pitch-offs  

I'm heading back to Europe to hang out in Wroclaw and Warsaw so it’s last call for pitch-off applications. I'll be at a Wroclaw event, called In-Ference, which is happening on December 17; you can submit to pitch here. The team will notify you if you have been chosen. The winner will receive a table at TC […]

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2018-12-14 15:56:48

9 smart gifts for a smarter home  

Smart home items make great gifts and what follows are some of the best. From faster Wifi to smart meat thermometers, there’s something here for everyone on your list. I use everything listed here and can attest to their quality. That’s important to me. I’m not going to recommend something I do not use. Throughout […]

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2018-12-14 15:47:04

Influential Apple analyst cuts iPhone shipment estimates  

TF International Securities Apple analyst extraordinaire Ming-Chi Kuo delivered a less than stellar iPhone forecast this week with the straightforwardly titled note, "2019 iPhone shipments likely to be under 190 million units." The letter puts the number of Apple handsets well below previous analyst predictions of 212 million for next year. Kuo is largely regarded […]

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2018-12-14 15:44:30

This drone shrinks to fit  

Researchers at the University of Zurich and EPFL have created a robot that shrinks to fit through gaps, a feature that could make it perfect for search and rescue missions. The researchers initially created a drone that could assess man-made gaps and squeeze through in seconds using only one camera. This extra feature — a […]

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2018-12-14 15:19:25

Facebook bug exposed up to 6.8M users' unposted photos to apps  

Reset the “days since the last Facebook privacy scandal” counter, as Facebook has just revealed a Photo API bug gave app developers too much access to the photos of up to 5.6 million users. The bug allowed apps users had approved to pull their timeline photos to also receive their Facebook Stories, Marketplace photos, and […]

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2018-12-14 14:40:21

Ridesharing IPOs and $850M for Luckin, Plaid and Zymergen  

Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the regular crew back together, which was good fun. Connie took point, we had Danny mic’d up in New York and I was onsite to help the crew natter along with Bubba Murarka, a former VC […]

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2018-12-14 14:10:53

Facebook Portal adds games and web browser amidst mediocre Amazon reviews  

After receiving a flogging from privacy critics, Facebook is scrambling to make its smart display video chat screen Portal more attractive to buyers. Today Facebook is announcing the addition of a web browser, plus some of Messenger’s Instant Games like Battleship, Draw Something, Sudoku and Words With Friends. ABC News and CNN are adding content […]

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2018-12-14 14:07:32

UK video games workers unionize over 'wide-scale exploitation' and diversity issues  

Working in video games might sound like a dream job to a 12-year-old Fortnight-loving kid, but the day-to-day reality of grinding in the industry can be as unrelenting as fighting an end of level baddie. Games devs are routinely corralled to “crunch” to hit sequential release target deadlines to ensure a project gets delivered on […]

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2018-12-14 11:46:27

China's BYD further drives into Chile with 100 electric buses  

Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks […]

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2018-12-14 10:42:07

Jack Dorsey and Twitter ignored opportunity to meet with civic group on Myanmar issues  

Responding to criticism from his recent trip to Myanmar, Twitter CEO Jack Dorsey said he’s keen to learn about the country’s racial tension and human rights atrocities, but it has emerged that both he and Twitter’s public policy team ignored an opportunity to connect with a key civic group in the country. A loose group […]

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2018-12-14 09:25:39

International money transfer company TransferGo scores $17.6M Series B  

TransferGo, the London-based international money transfer startup, has raised just over $17.6 million in Series B funding, including an earlier tranche of funding closed in May. The round is led by Vostok Emerging Finance, and Silicon Valley’s Hard Yaka, with participation from Revo Capital, U-Start Club, and Practica Capital. The figure also includes around $830,000 […]

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2018-12-14 09:00:25

Netflix is testing a new feature that lets you instantly replay scenes (for some reason)  

Netflix loves to test new ideas, and its latest experiment is an odd new feature that lets viewers watch a scene again. A selection of Netflix subscribers noticed the new addition, which serves a pop-up asking if they want to “watch this scene again” after certain ‘highlight’ scenes in a show. The streaming giant confirmed […]

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2018-12-14 05:02:52

A former Ofo exec is launching his own scooter startup  

With €20 million in VC backing, Dott plans to release a fleet of multi-colored e-scooters in Paris in early-2019.

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2018-12-14 05:00:11

LemonBox, which brings US vitamins to Chinese consumers, raises $2M  

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new capital from 10 investors which include Partech, Tekton Ventures, […]

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2018-12-14 04:00:59

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation  

Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.

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2018-12-14 00:14:32

Anki's Vector is getting Alexa access next week  

Vector's already got the adorable bit down, courtesy of a team staffed by former Pixar and DreamWorks animators. But Anki's grownup version of Cozmo can use a bit of help when it comes to smarts. Starting next week, the desktop robot will be able to tap into Amazon Alexa's deep base of answers. The new […]

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2018-12-13 22:56:57

IMAX pulls the plug on its dream of VR arcades  

The company behind the biggest screens in cinema is giving up on bringing VR screens within a few inches of users’ faces. The company announced today in an SEC filing that it will be shutting down its three remaining virtual reality centers, including its flagship location in Los Angeles. Via the filing: In connection with […]

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2018-12-13 22:55:55

These face-generating systems are getting rather too creepily good for my liking  

Machine learning models are getting quite good at generating realistic human faces — so good that I may never trust a machine, or human, to be real ever again. The new approach, from researchers at Nvidia, leapfrogs others by separating levels of detail in the faces and allowing them to be tweaked separately. The results […]

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2018-12-13 22:23:40

Online ads and games would benefit from more rewards, according to UCLA survey  

A new study from Versus Systems and the MEMES (Management of Enterprise in Media, Entertainment & Sports) Center at UCLA’s Anderson School of Management examines how gaming and advertising are evolving, and how one influences the other. As Versus Systems CEO Matthew Pierce put it, the goal was to study, “What is the impact on […]

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2018-12-13 22:18:41

Tumblr's back in the App Store following porn ban announcement  

Tumblr is back. Sort of. The social blogging platform reappeared on Apple's App Store this week, some three weeks after being pulled over child pornography concerns. Ten days ago, the company adopted a scorched earth response to the issue, announcing a blanket ban on adult material as part of a "better, more positive Tumblr." The […]

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2018-12-13 22:12:00

Powering customer journeys in the age of AI  

With an API strategy in place, businesses can start to realize the full potential AI has to offer.

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2018-12-13 22:00:04

US intelligence community says quantum computing and AI pose an 'emerging threat' to national security  

It’s not often you can put nuclear weapons, terrorism and climate change on the same list as quantum computing, artificial intelligence and the Internet of Things, but the U.S. government believes all pose an “emerging threat” to its national security. Several key agencies in the U.S. intelligence community were asked what they saw as long-term threats […]

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2018-12-13 21:56:52

Scammers are sending bomb scares to nab BTC  

A new scam is making the rounds that promises to disrupt countless offices and schools. The scam is simple: the scammers send an email threatening to detonate a bomb if they don’t get a certain amount of Bitcoin within a specified time frame. Because there is little upside to ignoring a bomb threat at this […]

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2018-12-13 21:09:51

This early GDPR adtech strike puts the spotlight on consent  

What does consent as a valid legal basis for processing personal data look like under Europe’s updated privacy rules? It may sound like an abstract concern but for online services that rely on things being done with user data in order to monetize free-to-access content this is a key question now the region’s General Data Protection […]

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2018-12-13 21:03:58

The annual PornHub year in review tells us what we're really looking at online  

PornHub, a popular site that features people in various stages of undress, saw 33.5 billion visits in 2018. There are currently 7.53 billion people on Earth. Y’all have been busy. The company, which owns most of the major porn sites online, produces a yearly report that aggregates user behavior on the site. Of particular interest, […]

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2018-12-13 20:46:09

Google Maps now shows nearby Lime bikes and scooters in 13 cities  

Google has partnered with Lime to show nearby bikes and scooters in 13 cities worldwide. If there’s a Lime vehicle available nearby, Google Maps will show you how long it will take to get to the vehicle, the estimated price of the ride and total journey time. Similar to the Uber integration in Google Maps, […]

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2018-12-13 20:01:36

Jennifer Garner and J.J. Abrams are making a limited series for Apple  

More than a decade after the end of “Alias,” J.J. Abrams and Jennifer Garner are teaming up on a new limited series for Apple. The show, titled “My Glory Was I Had Such Friends,” will be based on the Amy Silverstein memoir of the same name, about how Silverstein’s friends supported her as she waited […]

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2018-12-13 19:33:36

Lyft is becoming a one-stop transportation app in these 3 cities  

Lyft is turning its app into a one-stop multimodal transportation app in a few U.S. cities, the latest illustration of its transformation from ridesharing startup to a company that wants to own, or at least be a part of, every way people move from Point A to Point B, whether it’s cars, bikes, scooters or […]

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2018-12-13 19:15:47

Basis, backed with $133 million from top VCs to build a price-stable cryptocurrency, says it's shutting down and returning the money  

Earlier this year, we told you about a now 18-month-old, Hoboken, N.J.-based cryptocurrency startup working on a "stable coin" whose elastic supply would ostensibly expand and contract to keep its value at about a dollar instead of all over the map. The company's big idea: to develop a new token that people would actually use, […]

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2018-12-13 19:13:38

Amazon adds toys to its growing list of private labels  

Batteries. Clothing. Household goods. Supplements. Diapers. Furniture. Toys? Yes, toys. It seems Amazon’s private label business is preparing to enter the toy market next. The retailer’s initial toy listings include an indoor play set for toddlers, along with other toys for climbing and playing on, as well as a toy storage system. The listings were […]

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2018-12-13 19:12:58

They scaled YouTube — now they'll shard everyone with PlanetScale  

When the former CTOs of YouTube, Facebook and Dropbox seed fund a database startup, you know there’s something special going on under the hood. Jiten Vaidya and Sugu Sougoumarane saved YouTube from a scalability nightmare by inventing and open-sourcing Vitess, a brilliant relational data storage system. But in the decade since working there, the pair have […]

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2018-12-13 18:50:17

YouTube Music turns its Top Charts into playlists  

Earlier this year, Apple Music launched some of its top charts as playlist series. Today, YouTube is doing something similar. The company announced it’s making its YouTube Charts available as playlists in YouTube Music to users across the 29 markets where the music service is live. Each market will receive five of these “charts playlists” — […]

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2018-12-13 18:20:24

OffGridBox raises $1.6M to charge and hydrate rural Africa with its all-in-one installations  

The simplest needs are often the most vital: power and clean water will get you a long way. But in rural areas of developing countries they can both be hard to come by. OffGridBox is attempting to provide both, sustainably and profitably, while meeting humanitarian and ecological goals at the same time. The company just raised $1.6 million to pursue its lofty agenda.

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2018-12-13 18:15:37

Toyota invests in autonomous driving simulation startup Parallel Domain  

Parallel Domain, the startup that develops software to train self-driving cars in virtual worlds, has added an additional investor to its seed round. Earlier this month, Toyota AI Ventures contributed to Parallel Domain’s $2.65 million seed round led by Costanoa Ventures, with participation from Ubiquity Ventures and others. “We're not only impressed with their technology, but […]

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2018-12-13 18:11:27

Holberton brings its full-stack software engineering school to Colombia  

Holberton School, the full-stack software engineering school that opened its first campus in San Francisco in 2015, today announced that it is opening two campuses in Colombia, one in Bogota and one in Medellin. This marks the school’s first international expansion and comes only a few months after it opened its first East Coast campus in […]

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2018-12-13 17:59:45

Instacart and Amazon-owned Whole Foods are parting ways  

You won't be able to order Whole Foods groceries on Instacart soon.

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2018-12-13 17:37:52

Buy your tickets to the 2nd Annual TechCrunch Winter Party  

We love parties almost as much as we love startups, but we go absolutely bonkers for a hot startup-party mashup. That's why we're returning to host our 2nd Annual TechCrunch Winter Party in San Francisco on Friday, February 8. Even better news, party-goers — the first batch of coveted tickets to this wild winter romp […]

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2018-12-13 17:30:44

Virgin Galactic touches the edge of space with Mach 2.9 test flight of SpaceShipTwo  

The fourth test flight of Virgin Galactic's SpaceShipTwo took its test pilots to the very edge of space this morning, reaching just over 52 miles of altitude and a maximum speed of Mach 2.9. It's another exciting leapfrog of the aspiring space tourism company's previous achievements.

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2018-12-13 17:30:30

Google's parental control software Family Link now supports Chromebooks  

Since its public debut in fall 2017, Google’s parental control software dubbed Family Link, has been steadily expanding, both in terms of its capabilities and its reach. Today, it’s making the jump beyond smartphones for the first time, with newly added support for Chromebook computers. As on Android devices, parents will now be able to […]

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2018-12-13 17:30:27

France's Ministry of Foreign Affairs says emergency contact information database has been breached  

The Ministry of Europe and Foreign Affairs in France has released a statement announcing that personal information has been stolen in a data breach. Around 540,000 records have been stolen — those records contained names, phone numbers and email addresses. Back in 2010, the Ministry created an emergency service called Ariane. If you're traveling to […]

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2018-12-13 17:08:32

Google Assistant can now do British and Australian accents in the US  

Even the old smart assistant needs a fresh coat of paint, from time to time. For those looking to switch things up a touch, Google announced today that Assistant is now capable of speaking in a couple of additional accents for U.S.-based users. Head to the Settings tab on a compatible handset, and you can […]

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2018-12-13 17:05:12

Companies tracking mutations in cancer cells can provide a key to unlocking better therapies  

Investors and entrepreneurs are beginning to bring new diagnostic tools to market that promise better results for cancer patients through the identification of mutations in cancer cells that can create more targeted therapies. Earlier this month, research using technology developed by the startup Mission Bio helped identify cellular mutations in acute myeloid leukemia cancer cells that could […]

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2018-12-13 17:00:42

Amazon is officially stocking Google Chromecasts yet again  

There’s been a break in the multi-year feud between Google and Amazon, apparently, as Amazon is now — once again — selling Google Chromecast devices on its site. The devices were banned from Amazon back in 2015, when the retailer then decided that only devices supporting Prime Video would be allowed. A year ago, it […]

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2018-12-13 16:59:46

On stock prices and Nvidia  

Yesterday's analysis of Nvidia's challneges triggered a surge of mail from readers. The company has lost about half of its value over the past two months, and has mostly blamed a "crypto hangover" for the problem. But as I pointed yesterday, it's really the three Cs: "Crypto, customers, and China." There are nuances here worth […]

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2018-12-13 16:43:40

Facebook Watch is finally growing as payouts get spread thin  

Both Facebook Watch and Instagram’s IGTV have yet to become superstar video platforms, leaving Facebook at risk as more people seek streaming entertainment instead of status updates. So today Facebook is trying to build some buzz for Watch with new stats and rollouts. The free video hub that combines original content, sports, and cult favorite […]

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2018-12-13 16:25:05

Tempow's new Bluetooth profile lets you create AirPods clones more easily  

French startup Tempow has been working on software solutions to improve the Bluetooth protocol. The company just unveiled the Tempow True Wireless Bluetooth profile so that anybody can create AirPods clones. Many companies have tried creating a pair of earbuds with absolutely no wire. But none of them are as good as Apple's AirPods. Manufacturers […]

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2018-12-13 16:12:55

Here's what you missed at Startup Battlefield Lagos  

Yesterday TechCrunch held its first-ever event in Nigeria — our second in Sub-Saharan Africa. The day was packed with Battlefield presentations from 15 startups from across the region, along with panels featuring some of Africa’s best-known tech entrepreneurs and executives. It was an incredible day and offered a fascinating peek into an absolutely vibrant tech […]

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2018-12-13 16:04:55

Construction management software developer Procore raises $75 million at a $3 billion valuation  

Procore Technologies, a provider of software to manage construction projects, is now worth $3 billion thanks to a new $75 million round of funding led by Tiger Global Management. The new funding shows just how completely software has eaten the world. Once considered an industry that was too analog to ever reap the benefits of […]

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2018-12-13 16:01:17

Mental wellness startup Wisdo launches with $11 million in funding  

Social media has lately been linked to mental health issues, with a recent study showing a causal relationship between the use of social media and depression and loneliness. Wisdo, which just raised $11 million in seed funding from Intel Capital and a handful of angel investors, aims to connect and support people in some of their […]

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2018-12-13 16:00:44

Popular avatar app Boomoji exposed millions of users' contact lists and location data  

Popular animated avatar creator app Boomoji, with more than five million users across the world, exposed the personal data of its entire user base after it failed to put passwords on two of its internet-facing databases. The China-based app developer left the ElasticSearch databases online without passwords — a U.S.-based database for its international customers and […]

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2018-12-13 15:57:16

Twitter says governments are ramping up their demands for user data  

Twitter says the number of government demands for data on its users has shot up in the past year. In its latest transparency report out Thursday, the social media giant said it received 10 percent more requests between January and June than on its previous reporting period — the largest percentage increase in three years. […]

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2018-12-13 15:35:14

New tool uses AI to roll back problematic continuous delivery builds automatically  

As companies shift to CI/CD (continuous integration/continuous delivery), they face a problem around monitoring and fixing problems in builds that have been deployed. How do you deal with an issue after moving onto the next delivery milestone? Harness, the startup launched last year by AppDynamics founder Jyoti Bansal, wants to fix that with a new […]

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2018-12-13 15:18:18

Keepsafe launches My Number Lookup so you can see the public data tied to your mobile number  

Ever wonder how much of your personal information is accessible to marketers? Well, there’s a new service called My Number Lookup that makes it easy (and free) for you to check the data that’s publicly available and tied to your mobile phone number. The service was created by Keepsafe, maker of privacy-centric products. While there […]

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2018-12-13 15:17:40

Amazon extends free shipping until Dec 18, announces Christmas Eve delivery in select markets  

Amazon will again enable procrastinators to hold off on completing their Christmas shopping until the last minute. The company today announced it will offer free, two-hour delivery up until midnight on Christmas Eve, powered by Prime Now, in select markets. Prime Now is currently available across 30 U.S. cities, Amazon says. In addition, Prime members […]

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2018-12-13 15:10:40

Glose raises $3.4 million for its collaborative reading app  

French startup Glose just raised a $3.4 million funding round (€3 million) for its reading app on iPhone, iPad and Android. The company wants to make reading books more social. If you're an avid book reader, chances are you always carry a pencil with you to write some notes in the margins. Or maybe you […]

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2018-12-13 09:10:57

Grab lands $150M for Yamaha Motor to double down on motorbike on-demand services  

Grab, the Southeast Asia ride-hailing firm that bought out Uber’s local business, has added another investor to its rolling cast of backers after it added $150 million from Yamaha Motor to its ongoing Series H round. That round is targeted at $3 billion, and Yamaha Motor joins an investor group in the round that includes […]

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2018-12-13 09:08:22

Apple plans major US expansion including a new $1 billion campus in Austin  

Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado […]

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2018-12-13 08:33:01

Finalcad, the mobile platform for the construction industry, raises $40M Series C  

Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit, and Cathay Innovation, with the support of Salesforce Ventures. Existing existing French investors Serena, Aster and CapHorn Invest also […]

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2018-12-13 07:00:10

Wandelbots raises $6.8M to make programming a robot as easy as putting on a jacket  

Industrial robotics is on track to be worth around $20 billion by 2020, but while it may have something in common with other categories of cutting-edge tech — innovative use of artificial intelligence, pushing the boundaries of autonomous machines that are disrupting pre-existing technology — there is one key area where it differs: each robotics […]

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2018-12-13 06:41:08

Volvo Trucks teases the all-electric semi truck it's bringing to California in 2019  

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce […]

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2018-12-13 05:44:57

Lazada, Alibaba's Southeast Asia e-commerce business, gets a new CEO  

Alibaba has reshuffled the leadership at Lazada, its e-commerce firm in Southeast Asia, after CEO Lucy Peng — an original Alibaba co-founder — stepped down to be replaced by Lazada executive president Pierre Poignant after just nine months in the role. Alibaba owns more than 90 percent of Lazada but it has been involved in the business […]

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2018-12-13 03:14:28

Pokémon GO trainer battles are now live (for some players)  

Last week we did a deep dive on how Pokemon GO’s new (and long overdue) player-versus-player battle system would work. The only thing we didn’t know at the time was when, exactly, it would actually start rolling out. The answer: tonight. Just a few days ago, Niantic started shipping an update to the app that […]

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2018-12-13 02:40:09

Feds like cryptocurrencies and blockchain tech and so should antitrust agencies  

Thibault Schrepel Contributor Share on Twitter Thibault Schrepel is an Assistant Professor in the Department of Public Economic Law at Utrecht University and a reviewer at the Stanford Journal of Blockchain Law & Policy. While statements and position papers from most central banks were generally skeptical of cryptocurrencies, the times may be changing. Earlier this […]

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2018-12-13 02:30:26

TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia's startups  

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort between Australia-based venture fund Aura […]

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2018-12-13 01:39:36

Revolut gets European banking license in Lithuania  

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regulatory tunnel with a license in hand. As expected, Revolut applied for a license through the Bank of Lithuania and is leveraging […]

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2018-12-13 00:01:07

Watch Rocket Lab launch 10 cubesats into orbit tonight for NASA  

It's been just over a month since Rocket Lab's inaugural (and long-delayed) commercial launch, "It's Business Time," and it's about to take another customer to space: NASA. Tonight's 8PM scheduled launch will take 10 small satellites to orbit as part of NASA's Educational Launch of Nanosatellites (ELaNa) XIX mission.

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2018-12-12 23:53:13

Stratim, formerly known as valet startup Zirx, sues co-founder for theft  

Stratim, the mobility services company formerly known as Zirx, is suing its co-founder and now-former COO Shmulik Fishman for breach of fiduciary duties, civil conversion, criminal conversion, theft, criminal mischief, deception, unjust enrichment and fraud. The lawsuit’s co-plaintiff is Adesa, a subsidiary of KAR Auction Services, which acquired Stratim earlier this year. Stratim powers fleet management […]

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2018-12-12 23:39:08

'The Mandalorian' cast includes Pedro Pascal, Gina Carano … and Werner Herzog  

Lucasfilm has released an initial cast list for “The Mandalorian,” the live-action Star Wars series that Jon Favreau is creating for the upcoming streaming service Disney+. Pedro Pascal, who had a brief-but-glorious run on “Game of Thrones” as Oberyn Martell, will star in the title role — Lucasfilm describes his character as “a lone Mandalorian […]

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2018-12-12 21:51:41

Scoot unveils new lock to prevent scooter theft  

During the first two weeks of Scoot’s operations of shared, electric scooters in San Francisco, more than 200 scooters were either stolen or damaged beyond repair, Scoot CEO Michael Keating wrote in a blog post. As a temporary fix, Scoot attached cable locks to some of its scooters in San Francisco. Now, the company is […]

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2018-12-12 21:24:12

Wellness giant Life Time targets co-working, shopping malls for next act  

Founded in 1990 by CEO Bahram Akradi, Minnesota-based Life Time used to be known as a premier health club that operated large gyms mainly in affluent suburbs in Midwestern and Southern states. Its success was memorialized in 2015 when two leading private equity firms, Leonard Green & Partners and TPG Capital, led a $4-billion deal […]

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2018-12-12 20:59:23

Bowery, an indoor farming startup, raises $90 million more, including to counter a SoftBank-funded rival  

When in July of last year, SoftBank’s Vision Fund led a whopping $200 million round in the Silicon Valley startup Plenty, investors behind a competing indoor farming startup across the country, New York-based Bowery, were left reeling. Just one month earlier, they’d closed on a round that brought Bowery’s total funding to $31 million. As […]

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2018-12-12 20:35:31

Changing consumer behavior is the key to unlocking billion-dollar businesses  

Revolutionary products succeed when they deliver value to their users. The fact that a product creates a behavior shift is not enough. It must create value to overcome the initial skepticism.

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2018-12-12 20:30:37

Fortnite developer Epic Games to release SDK for cross-platform profiles  

Epic Games unveiled plans for a new developer framework for online services. This framework will let other game developers add cross-platform support into their games. The SDK will be free and roll out in multiple parts over 2019. Fortnite has been one of the best examples of cross-platform gameplay. A single player can install Fortnite […]

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2018-12-12 20:25:06

Senators aim to give internet companies doctor-like duties to protect our data  

Consumers are increasingly entrusting online services with all kinds of personal data — but that trust has been repeatedly abused or taken for granted. If a doctor or a lawyer did that, they’d be kicked to the curb, because they have a legally defined duty to protect privileged data. Why don’t Facebook and Google? They […]

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2018-12-12 20:23:15

Farfetch bets on sneakers with $250M Stadium Goods acquisition  

Luxury fashion marketplace Farfetch will tap into the sneaker resale economy with its latest transaction.

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2018-12-12 20:19:47

Oracle is suing the US government over $10B Pentagon JEDI cloud contract process  

Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has been sealed at Oracle’s request, is available in the public record with redactions. If all of this sounds familiar, it’s because it’s the same argument the […]

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2018-12-12 19:45:29

Confirmed VPN wants to bring transparency to the VPN industry  

The VPN industry sucks. Dozens of companies promise you the impossible dream of perfect privacy. But it's simply a big lie. A company called Confirmed VPN wants to change that by holding VPN companies accountable. WTF is a VPN? VPN companies let you establish an encrypted tunnel between your device and a server in a […]

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2018-12-12 19:26:00

Android users can now donate to charities through the Google Play Store  

The Google Play Store is receiving an update today that will allow customers to make charitable donations to nonprofits from their Android device. While it may seem odd to be rallying for support for charities within the same marketplace where users download apps and games, it’s not uncommon — Apple for years has collected donations […]

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2018-12-12 19:12:20

Facebook settles Oculus VR lawsuit with ZeniMax  

Nearly five years after announcing its acquisition of Oculus VR, Facebook is finally ready to put behind it the drama surrounding its founding. Gaming giant ZeniMax Media’s lawsuit against Facebook over the misuse of intellectual property related to the founding of Oculus VR has finally been settled. In a statement, ZeniMax CEO Robert Altman confirmed […]

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2018-12-12 18:22:47

Report: Apple's news and magazine subscription service to launch in early 2019  

Bloomberg today updated its earlier reporting on Apple’s plans for a news and magazine subscription service. Earlier this year, the outlet said Apple would relaunch the digital newsstand business Texture, which it acquired this spring, as part of the Apple News app. Now, Bloomberg confirms the launch time frame could be “as soon as this […]

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2018-12-12 18:18:38

Uber launches a bus service in Egypt  

Uber, which is gearing up to go public early next year, is really doubling down on this whole multi-modal transportation provider effort. Earlier this month, Uber CEO Dara Khosrowshahi announced the launch of Uber Bus, a minibus service in Cairo, Egypt. “I'm excited to be in Cairo to launch Uber Bus, a product that will improve […]

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2018-12-12 18:02:31

YayPay raises $8.4 million for its accounts receivable service  

Fintech startup YayPay just raised another $8.4 million for its software-as-a-service solution focused on collecting money from outstanding invoices. The company participated in TechCrunch's Startup Battlefield several years ago. Information Venture Partners led today's funding round with existing investors Birchmere, QED, Fifth Third Capital, Gaingels and 500 Fintech Fund also participating. YayPay targets large companies […]

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2018-12-12 18:01:26

Accenture will acquire digital ad company Adaptly  

Accenture announced today that it’s reached an agreement to acquire Adaptly. The digital advertising company launched in 2010 with self-serve tools for running ads across different social networks. In a blog post about the acquisition, co-founder and CEO Nikhil Sethi wrote that the company’s mission hasn’t changed, but it has expanded to support Google and […]

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2018-12-12 17:47:15

Tigera raises $30M Series B for its Kubernetes security and compliance platform  

Tigera, a startup that offers security and compliance solutions for Kubernetes container deployments, today announced that it has raised a $30 million Series B round led by Insight Partners. Existing investors Madrona, NEA and Wing also participated in this round. Like everybody in the Kubernetes ecosystem, Tigera is exhibiting at KubeCon this week, so I […]

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2018-12-12 17:31:41 now points to DuckDuckGo, not Google  

Non-tracking search engine, DuckDuckGo, is now a little easier to find online after the company acquired the premium generic domain name — thereby shaving a few letters off its usual URL. This means browsing to now automatically redirects to DuckDuckGo .com. The twist in this tale is that’s prior owner was Google. […]

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2018-12-12 17:22:13

Future Family secures a $100M credit line to help more families with fertility care  

Future Family is a startup (and a Disrupt Startup Battlefield alum!) that helps families more easily afford fertility services like IVF and egg freezing. They work with fertility clinics to get the often unpredictable costs set in stone, then cover said costs and convert them into a more approachable monthly payment plan. But covering those […]

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2018-12-12 17:00:01

Google's year in search 2018: the World Cup, Fortnite GIFs and Bitcoin  

Google’s annual Year in Search is more than a digital record of the events, stories and phenomena that captured our attention over 12 months. It’s a reckoning, or computation, on what mattered to society in any given year — and sometimes even signal where it’s headed. And 2018 showed a world transfixed on one sporting […]

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2018-12-12 16:49:09

After losing half its value, Nvidia faces reckoning  

Nvidia is a company that has reached the highest highs and the lowest lows, all in the span of a couple of weeks. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at if you like or hate something […]

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2018-12-12 16:37:30

Nielsen: the second screen is booming as 45% often or always use devices while watching TV  

Americans are regularly checking a second screen while watching TV, according to a new report from Nielsen that examined the media consumption habits of U.S. adults in the second quarter of 2018. Today, 28 percent of adults say they “sometimes” use a digital device, like a phone or tablet, while watching TV. A much larger […]

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2018-12-12 16:11:54

AI-powered knowledge-sharing platform Guru raises $25 million Series B  

Guru, the enterprise-focused information-sharing platform, has today announced the close of a $25 million Series B funding led by Thrive Capital, with participation from existing investors Emergence Capital, FirstMark Capital, Slack Fund and Michael Dell’s MSD Capital. Guru came on to the scene in 2013 with the premise that organizations are not so great at […]

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2018-12-12 16:00:13

New York Amazon warehouse employees push to unionize  

Workers in a recently opened Staten Island Amazon warehouse have announced their intention to unionize. The news comes at a less than ideal time for the retail giant, which is in the midst of opening one of two "HQ2" locations in nearby Long Island City, Queens. The push also arrives as Amazon has faced increased […]

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2018-12-12 15:45:34

Procter & Gamble acquires Walker & Company, Tristan Walker will remain as CEO  

Walker & Company Brands, a startup making health and beauty products for people of color, has been acquired by consumer giant Procter & Gamble. The company was founded five years ago by Tristan Walker, who previously led business development for Foursquare, and who aimed to create products that would better serve the needs of people […]

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2018-12-12 15:42:43

Algoriddim updates djay for iOS with subscription model  

If you've been browsing the App Store for long enough, chances are you've seen djay at some point. Algoriddim, the company behind djay, currently has eight apps in the App Store. Today, the company is releasing a brand new version that is going to replace all previous apps at once. The reason why this new […]

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2018-12-12 15:01:39

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