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The Currency Cloud Secures $4m To Disrupt The Trillion Dollar Foreign Exchange Market
Mar 13, 11:15AM
Last year at GeeknRolla a little known startup appeared in the demo pit, but went on to win the admiration of judges in the startup competition. It's the only time TheCurrencyCloud has made a public appearance, but today the startup has a inked a $4 million Series-A funding, led by Atlas Venture with follow-on participation from Anthemis Group. Maybe you don't need to launch at SXSW to make noise? The company previously raised $2 million from Anthemis and others. The money will be used to ramp up product and commercial activity.'Social' Investment Network eToro Is Picking Up Another $15 Million From Spark, Others
Mar 13, 7:41AM
eToro, the investment network that uses real-time features to let users follow and trade based on other users' activities, has raised another $15 million in funding in a venture round led by Spark Capital with participation from existing investors, who include BRM Capital, Venture51 and Cubit Investments. The investment takes the total amount invested in the Israel-based company to $33.9 million. The company, which bills itself as a disruptive social trading platform, has seen some strong growth over the last year, and now claims to be the world's largest online investment network, with more than 2 million users across 140 countries, with traded positions on the network growing by more than 500 percent in the period.Combining Yelp & Twitter For Foodies, Fondu's Redesign Beefs Up Recommendations, Discovery
Mar 13, 5:26AM
At TechCrunch Disrupt NYC last year, Gauri Manglik, Mike Lewis, and Orion Burt launched SpotOn, a recommendation engine in app, which served its users suggested local businesses based on their friends' activity on Foursquare, Facebook, and more. The co-founders quickly found, however, that its customers were using the app more as a social networking tool than for its recommendations. So, based on user feedback, the team changed directions and built a new app, today called Fondu. Fast-forward to the present, and Fondu has officially launched a redesign that, among its new features, shows that the app is getting serious about friend-powered restaurant search and discovery.Samsung Finally Pushes Ice Cream Sandwich To The Galaxy S IIs Of The World
Mar 13, 3:47AM
Well, after a bit of a false start, Samsung finally seems to have done it. According to a new blog post on the official Samsung Tomorrow blog, the Korean consumer electronics giant has finally begun to push their Ice Cream Sandwich update out to the Galaxy S IIs of the world. And with that, Galaxy S II owners began once again to feel the love. Or at least, most of them did. The update in question is meant for international spec Galaxy S II (the GT-I9100), so State-side owners of a AT&T/T-Mobile Galaxy S II or a Sprint Epic 4G Touch won't be joining in the official fun just yet.Motorola Further Details ICS Rollout, But Is Verizon Delaying The Ice Cream Party In The States?
Mar 13, 3:42AM
Slowly but surely Ice Cream Sandwich will hit last year's flagship Android phones. Motorola just updated its ICS schedule that details the expected timetable for each device. The biggest change is that ICS is now scheduled for non-US RAZR models. But that's seemingly the case for most Moto devices. For the most part ICS will hit Moto devices starting in the second quarter -- but only for non-Verizon devices in the US. Here in the States the status of ICS for the majority of Motorola's devices is still listed as "Evaluation & Planning" with "Further details to follow". The updated ICS rollout schedule lists 13 US devices: three are WiFi-only tablets, two are AT&T-only, one is for Sprint, one is for U.S. Cellular and the rest are Verizon devices. Wanna guess which devices do not have an expected rollout date?UK Researchers Plan Mobile Real-Time Sign Language Translation App
Mar 13, 1:29AM
With real-time translation of text common on the web and instantaneous speech-to-text gaining popularity, it seems that transliteration is cool again. But less obvious, and more difficult, methods of input are yet to be implemented. Case in point: sign language. The complicated and often contextual gestures form a vast visual vocabulary that isn't easily captured or interpreted. A team of British researchers, however, is making the attempt, creating a tool that translates a set of standard signs into readable text, in real time. It's called the Portable Sign language Translator, and it should be out next year.Intel Eyes Web TV As Aereo Turns Legal Screws On Networks [Docs]
Mar 13, 1:14AM
It's hard to believe we're not stuck in some strange time warp, as it's beginning to feel (again) like TV is the next hot thing. Well, really, web TV. For one, The Wall Street Journal today reported that Intel is rumored to be developing a web-based, pay-TV service and reportedly has been pitching media companies on creating a "virtual cable operator" that would offer TV channels to U.S. consumers in a "bundle similar to subscriptions sold by cable and satellite TV operators." According to these reports, Intel will be offering its own set-top box to carry the service.Just.me Wants To Be The Go-To Social App On Your Phone
Mar 13, 12:28AM
Keith Teare, co-founder of TechCrunch and partner at incubator Archimedes Labs, isn't thinking small when it comes to his new project Just.me — he says that it's "asking and answering the question of what would happen if the phone was upgraded to be truly social." The app hasn't launched yet, but Teare previewed it today at the South by Southwest Startup Accelerator, and I got a few more details from him afterward. Right now, he says that if you want to share something from your phone, you have to open a different app depending on whether you want to share a text update, a photo, or a video, and depending on who you want to share it with.With Redesign Done, Dropbox's Houston Focuses On The Big Picture
Mar 13, 12:12AM
Whatever you think about Dropbox's place in the future of communication, the company has been on a roll this year. Following up on a big redesign last week, which cleaned up navigation, search, and photos, chief executive Drew Houston got on stage last night at South By Southwest to talk about its early days, and where it's going next. First, the newsy bits. The company was profitable last year, he said yesterday, even though 96% of its 50 million-some users are on the free version. And, he confirmed that it had been valued at the $4 billion valuation that Arrington had heard around when it closed its massive $250 million round last fall. While he didn't talk revenue, he said that more and more of its free users were moving to larger storage plans and starting to pay.Sean Parker: Defeating SOPA Was The "Nerd Spring"
Mar 12, 11:39PM
You might not often connect Al Gore and Sean Parker, but the pair took the stage together this afternoon at South by Southwest, and they made similar points — that the democratic system has been broken by a flood of special interest money, and that the Internet could be the way to fix it. "To the extent that these new mediums and new media are going to have a role in reforming politics, it's going to happen because … those systems will make politics more efficient," said Parker (who, in addition to his more famous roles at Napster and Facebook, is the co-founder of Causes, and also invested in political startups Votizen and NationBuilder). Specifically, he says the Internet could lower the barrier to entry into politics, so people could run effective campaigns without raising vast amounts of money.DARPA Director Regina Dugan Leaves Defense Department For Google
Mar 12, 11:12PM
Today brings some rather high-profile recruiting from Google: the director of DARPA, the Department of Defense's research arm, is leaving after three years of heading the agency to join Google at a "senior executive position." The news comes from a DARPA spokesman, who reports that Dugan felt she couldn't refuse an offer from such an "innovative company." She has worked at the agency on and off since 1996, and most recently has brought its budget and resources to bear on more practical problems like securing military networks. What role she will play at Google is unknown, but it is probably at least partially security-related.How Forest Whitaker Wants to Crowdsource Filmmaking [TCTV]
Mar 12, 10:56PM
Academy Award winning actor Forest Whitaker was at SXSW this past weekend, where his JuntoBox Films studio -- which combines crowdsourcing social media technology with traditional film production -- announced it has greenlit its first movie. Watch his interview with TechCrunch TV to see him discuss how technology is democratizing the filmmaking process, how Hollywood is slowly getting over its fear of the web, and how many apps he has on his iPhone (spoiler alert: it's a lot!)Review: Lytro Light Field Camera
Mar 12, 9:48PM
To publish a "review" of the Lytro as it is today is, in a way, very premature. But it's also only fair. The product is shipping and, to an extent, complete. But given the number of features and planned improvements in the pipes, a review today will be obsolete in a few months. Nevertheless, an initial judgment on the device must be made. So here is what can be said of the Lytro in a form that can only really be called a public beta. We also recently got to talk with Lytro founder Ren Ng and their director of photography, Eric Cheng, at an event in San Francisco. I cornered them for a few minutes to talk about the product and their plans for the future. Watch the video inside.Posterous Finds A Home In The Arms Of Twitter
Mar 12, 9:15PM
Twitter just announced that it has acquired Posterous, the Y Combinator-backed blogging and sharing platform that competed early on with Tumblr. Terms of the deal weren't disclosed. Posterous had raised $10.1 million in two venture rounds plus early fundraising with angels. Posterous says its service Spaces will stay up and running and that the company will give plenty of notice to users if they start to change the service.Ray Kurzweil Talks Entrepreneurship, Apps, And The Future Of Education [TCTV]
Mar 12, 8:54PM
Legendary scientist, inventor, futurist, and all-around tech icon Ray Kurzweil is attending the ongoing South By Southwest Interactive conference for the first time ever this year, and TechCrunch TV was very excited to be able to sit down with him for an interview. In this first half of our talk, watch Kurzweil discuss why we need more young entrepreneurs, how today's consumer app landscape proves his Law of Accelerating Returns, how education is stuck in the 19th century, why privacy isn't as big of a problem as we think, and lots more.Nike, Foursquare, VEVO Launch Facebook Timeline Apps, 3000 Others Already Have
Mar 12, 8:50PM
If your company doesn't have a Facebook Timeline app yet, you're late to the party. 3,000 Timeline apps have spawned since Facebook launched the platform 3 months ago, and today Foursquare, VEVO, The Onion, Fandango, BandPage, and more big companies are unveiling theirs to cash in on the free virality. Pinterest and others have already seen wild growth from the platform's ability to automatically publish to the Facebook Ticker, news feed, and Timeline when users take action. These new launches, and especially Nike's, are likely to convince more brands and startups that Timeline app development is worth the investment. That means soon there will be even more apps feeding user behaviors into Facebook's content feeds and ad targeting engine.Galaxy S Blaze 4G Lights Up T-Mobile Shelves On March 28
Mar 12, 8:32PM
Word of the Samsung Galaxy S Blaze 4G first broke around the time Team TechCrunch was roaming the cavernous halls of the Las Vegas Convention Center at CES, but at the time T-Mobile wasn't feeling very talkative about release dates. The mangenta-hued carrier seems to have opened up a bit during the intervening months though, as they've taken to Twitter earlier today to announce that their latest Samsung handset will hit their sales channels on March 28. If you're really lucky (or willing to hop in a car and take some chances), you could snag a Blaze 4G even earlier than that, as some stores will be selling the device a week early.Mogul iPad Stand Makes Square An Elegant Option At Point-Of-Sale
Mar 12, 8:27PM
I usually trash any email that comes my way pitching an iPad case and/or stand. Sorry, but there are just so many of them that they really need to stand out. The Mogul, a Kickstarter project, certainly stands out and just so happens to solve a bit of a pain point, too. See, the Mogul isn't your average iPad stand. It's actually meant to be used as a point-of-sale module in conjunction with Square and (yep, you guessed it) the iPad.King.com Buys Fabrication Games As It Pushes Onto Mobile, Eyes Possible 2013 IPO
Mar 12, 8:04PM
Swedish gaming company King.com just acquired Stockholm-based developer Fabrication Games in a big push to expand onto Android and iOS this year. With the deal, King.com picks up Fabrication's talent, games and developer tools. Terms weren't disclosed, but I would assume the acquisition is priced in the talent-range. Fabrication had titles that cropped up on certain game category rankings like Sprinkle (which was developed by Mediocre AB) and Ionocraft Racing, but it lacked an enduring chart-topper. Fabrication had 12 employees and was founded as a spin-off of Jadestone Mobile.Live Now From SXSW: TCTV's Webcast with Highlight, Path and Hipmunk Founders (3pm CT)
Mar 12, 7:50PM
From the floor of the Austin Convention Center, TechCrunch TV is live with all the latest news from SXSW. Find out what TechCrunch writers have to say about their favorite apps, events, and surprises. TCTV's Colleen Taylor leads a roundtable with our TechCrunch writers. There was huge pre-show buzz for the app, Highlight. We'll talk to the Founder Paul Davison and about whether it lived up to the hype. We'll also have interviews with Dave Morin, Founder of Path; Adam Goldstein, Co-Founder of Hipmunk; and Robert Scoble.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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