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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.



Last Build Date: Thu, 27 Apr 2017 11:05:20 +0000

 



TransferWise moves into Asia Pacific with opening of regional HQ in SingaporeTransferWise%20moves%20into%20Asia%20Pacific%20with%20opening%20of%20regional%20HQ%20in%26nbsp%3BSingaporeTransferWise iosJon

Thu, 27 Apr 2017 10:39:42 +0000

(image)  TransferWise, the billion-dollar valued startup that reduces the cost of cross-border payments, has taken a big step to globalizing its service after it opened an Asia Pacific office in Singapore. The UK-based service was started in 2010 by Estonian entrepreneurs Kristo Kaarmann and Taavet Hinrikus, its CEO, as a method for sending money from country to country more efficiently. It… Read More(image)


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UiPath raises $30M to build ‘software robots’ for internal business tasksUiPath%20raises%20%2430M%20to%20build%20%26%238216%3Bsoftware%20robots%26%238217%3B%20for%20internal%20business%26nbsp%3BtasksThis problem is going to need everyone's imputingridlunden

Thu, 27 Apr 2017 10:23:38 +0000

(image)  The world is awash with bots these days — applications the run either partly or entirely using natural language processing, machine learning, computer vision and other artificial intelligence technologies to help consumers ask and answer questions, buy things and get other stuff done. In the enterprise equivalent, a company that is building something akin to this for large… Read More(image)


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Samsung posts 48% profit jump — but it’s all down to components not smartphonesSamsung%20posts%2048%25%20profit%20jump%20%26%238212%3B%20but%20it%26%238217%3Bs%20all%20down%20to%20components%20not%26nbsp%3BsmartphonesSamsung Galaxy S8Jon

Thu, 27 Apr 2017 09:19:35 +0000

(image)  Despite the Galaxy Note 7 saga and the arrest of its defacto head on bribery charges, Samsung’s business has bounced back. The company just announced its first quarter financial results, and they are as impressive as it had forecast earlier this month. Operating profit for the quarter rose by 48 percent year-on-year to reach 9.9 trillion KRW, or approximately $8.7 billion. That makes… Read More(image)


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China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billionChina%E2%80%99s%20Didi%20Chuxing%20is%20raising%20up%20to%20%246%20billion%20at%20a%20valuation%20of%20over%20%2450%26nbsp%3Bbilliondidi-2Jon

Thu, 27 Apr 2017 08:52:51 +0000

(image)  Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More(image)


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DJI adds much of Iraq and Syria to its list of no-fly zones for its dronesDJI%20adds%20much%20of%20Iraq%20and%20Syria%20to%20its%20list%20of%20no-fly%20zones%20for%20its%26nbsp%3Bdronesdji-phantom-32catherineshu

Thu, 27 Apr 2017 05:48:35 +0000

(image)  Drone maker DJI has updated their software to turn huge expanses of Syria and Iraq into no-fly zones. DJI usually prevents users from navigating their drones over sensitive areas like military bases and airports, but its new no-fly zones cover a much wider breadth and includes most of the northern half of both countries (including the city of Mosul), according to DJI’s map. Read More(image)


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Everfi raises $190 million to teach life skills and touchy subjects onlineEverfi%20raises%20%24190%20million%20to%20teach%20life%20skills%20and%20touchy%20subjects%26nbsp%3BonlineEverfi_students_2lorakolodnytc

Thu, 27 Apr 2017 02:16:10 +0000

(image)  EVERFI Inc. has raised $190 million in Series D funding to teach students online the life skills and touchy subject matter that they never learned in school. A sampling of courses offered by Everfi range from “Harassment Prevention Training” for the workforce, to “Alcohol EDU” for college students and “Vault Understanding Money” for fourth-, fifth- and… Read More(image)


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Poshmark cash flow positive, on track for $100 million revenuePoshmark%20cash%20flow%20positive%2C%20on%20track%20for%20%24100%20million%26nbsp%3Brevenueposhmark-purseroofkatie

Thu, 27 Apr 2017 01:02:50 +0000

(image)  Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017. The company also recently became cash flow positive, with profitability on an Ebitda basis. This is a commonly used, but adjusted… Read More(image)


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More than 800 startups ask FCC chair to not kill net neutralityMore%20than%20800%20startups%20ask%20FCC%20chair%20to%20not%20kill%20net%26nbsp%3BneutralityFCC commissioner Ajit V. Paitaylortechcrunch

Thu, 27 Apr 2017 00:55:30 +0000

(image)  Today, FCC Chairman Ajit Pai released the broad strokes of his plan to abandon consumer protections to the benefit of large corporate players in the telecommunications industry. While major telecom companies are looking forward to Pai’s FCC makeover, the same can’t be said for everyone else in tech. After Pai’s announcement, a group of more than 800 names in tech sent Pai… Read More(image)


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Sen. Schatz on FCC: ‘They have no idea how outraged people are about to be’Sen.%20Schatz%20on%20FCC%3A%20%26%238216%3BThey%20have%20no%20idea%20how%20outraged%20people%20are%20about%20to%26nbsp%3Bbe%26%238217%3Bfcc-GettyImages-464495738devin

Thu, 27 Apr 2017 00:54:34 +0000

(image)  FCC Chairman Ajit Pai stirred up the hive today with his official declaration of war on the net neutrality rules established in 2015. Reactions have been mixed — depending on whether the person represents the telecommunications industry or not. In the melee, I had a chance to talk with Senator Schatz (D-Hawaii) about the pronouncement. Read More(image)


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Luxe to end door-to-door valet service, will launch “new service” this summerluxegregkumparak

Thu, 27 Apr 2017 00:35:23 +0000

(image)  Luxe started as a company that promised to make parking in busy cities less awful with an app that summoned blue-jacketed, scooter-carrying valets to your location to whisk your car away until you needed it back. It seems they’re pivoting away from that initial vision. Users began receiving emails like the one below this afternoon, promising “a new service” by summer of… Read More(image)


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Crunch Report | Instagram Grows To 700M UsersCrunch%20Report%20%7C%20Instagram%20Grows%20To%20700M%26nbsp%3BUsersCrunch Report April 26anthha

Thu, 27 Apr 2017 00:00:43 +0000

(image)  Today’s Stories  Instagram’s growth speeds up as it hits 700 million users Twitter desperately needed a hit first-quarter and somehow managed to deliver Amazon’s new Echo Look has a built-in camera for style selfies Uber is making it easier to see your rider rating Investor Chris Sacca is retiring from venture capital Credits Written and Hosted by: Anthony Ha Filmed… Read More(image)


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Amazon’s camera-equipped Echo Look raises new questions about smart home privacyAmazon%26%238217%3Bs%20camera-equipped%20Echo%20Look%20raises%20new%20questions%20about%20smart%20home%26nbsp%3BprivacyEcho Look, Appbheater

Wed, 26 Apr 2017 23:47:20 +0000

(image)  Given all of the security concerns raised by the rise of the Echo and other smart home hubs, Amazon surely knew that adding a camera to one of its devices was going to reinvigorate the privacy debate. After all, an always-listening microphone is one thing — the Echo Look, with a camera designed to sit in its owner’s bedroom, is another question entirely. Read More(image)


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Dropbox really wants us to know its finances are healthyDropbox%20really%20wants%20us%20to%20know%20its%20finances%20are%26nbsp%3BhealthyDropbox Inc. Holds Product Launch Eventjmannes16

Wed, 26 Apr 2017 22:30:26 +0000

(image)  Healthy financial milestones sugarcoat the conversation temporarily, but eventually Drew Houston is going to have to step into the public markets. At that point nobody will care how fast Dropbox grew its revenue back in the day. The question will be whether Dropbox is a company that can eventually sustain $10 billion in yearly revenue. Read More(image)


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The dark future of ‘The Handmaid’s Tale’ feels terrifyingly realThe%20dark%20future%20of%20%26%238216%3BThe%20Handmaid%26%238217%3Bs%20Tale%26%238217%3B%20feels%20terrifyingly%26nbsp%3Brealhandmaids taleanthha

Wed, 26 Apr 2017 21:40:43 +0000

(image)  For the past few years, Hollywood has been enamored with dystopias pulled from young-adult fiction — stories like The Hunger Games and Divergent, where the evil government provides a structure for our heroes to rebel against, a set of villains for them to defeat. The Handmaid’s Tale is something else entirely. Read More(image)


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ChargePoint is ready for flying EVsChargePoint%C2%A0is%20ready%20for%20flying%26nbsp%3BEVsChargePoint_UberElevate_Renderhallgeisler

Wed, 26 Apr 2017 20:51:25 +0000

(image)  Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on flying vehicles, had partnered to prepare for just that exact scenario. Read More(image)


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PayPal shares up 7% after better-than-expected earningsPayPal%20shares%20up%207%25%20after%20better-than-expected%20earningspaypalroofkatie

Wed, 26 Apr 2017 20:24:00 +0000

(image)  PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More(image)


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Air Force launches bug bounty programAir%20Force%20launches%20bug%20bounty%26nbsp%3BprogramUkraine, Kiev region, Zhonievichi, Insect mites inside of jarkateconger

Wed, 26 Apr 2017 19:30:36 +0000

(image)  The Air Force announced today that it will launch a bug bounty next month for several of its public-facing websites, allowing hackers to seek out vulnerabilities in the sites and exchange them for cash rewards. Read More(image)


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The FCC’s Myths vs. Facts sheet defending its plan to reverse net neutrality, annotatedThe%20FCC%26%238217%3Bs%20Myths%20vs.%20Facts%20sheet%20defending%20its%20plan%20to%20reverse%20net%20neutrality%2C%26nbsp%3Bannotatedshutterstock_221594155devin

Wed, 26 Apr 2017 19:28:21 +0000

(image)  Immediately after FCC Chairman Pai announced his intention to remove the net neutrality rules set in place in 2015, the agency issued a little preemptive strike against detractors. “Internet Regulation: Myths vs. Facts.” I’ve annotated it with a few extra facts. Read More(image)


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Navdy’s aftermarket HUD proves a big in-car upgradeNavdy%26%238217%3Bs%20aftermarket%20HUD%20proves%20a%20big%20in-car%26nbsp%3Bupgrade147A0915etherin

Wed, 26 Apr 2017 18:54:23 +0000

(image)  In-car navigation and infotainment options now abound, and more vehicles are shipping with support for native vehicle smartphone software from Apple and Google. But these all still prove distracting, and take your eyes away from the roadway, if only for a few brief seconds. Navdy’s dash-mounted aftermarket head-up display (HUD) is a solution to that problem. Read More(image)


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