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Eyeing Potential Growth In Asia, Fab Raises $10M From Singaporean Telecom Giant SingTel
Aug 01, 4:22AM
Amidst layoffs, and shortly following a new $150 million round in new funding, Fab is announcing an additional contribution to its Series D round of financing. Singaporean telecommunications giant SingTel Group has put $10 million into Fab, and according to the design-focused ecommerce company, the Asian company will will be a key partner wIn helping Fab explore expansion opportunities in Asia.The Pinterest Roadmap Revealed
Aug 01, 2:01AM
The rise of Pinterest wasn't all cocktails and cupcakes. It conquered huge scaling challenges to become the world's keepsake box. Now as the we ditch the desktop for mobile, how will Pinterest evolve to connect us with the things we love? Today Pinterest's head of engineering Jon Jenkins gave a surprisingly candid look at the past and future of Pinterest journey to build the interest graph.ProfitBricks Drops Prices, Makes Big Claims About AWS And Its High Costs
Aug 01, 1:42AM
Cloud provider ProfitBricks has dropped the price of its CPU cores and RAM by 50 percent, making the claim that essentially it is far cheaper to use its service over Amazon Web Services (AWS). I'm not sure if I should be impressed or not with their analysis, which looks at a variety of factors, ranging from AWS requirements for temporary storage to the different pricing plans they offer. They cite AWS lack of flexibility with its instance sizes. The list goes on.Zynga's Threatened At Least One "… With Friends" Startup Before, And It Went Nowhere (So Far)
Aug 01, 12:41AM
The news broke this morning that Zynga is suing the makers of the Bang With Friends app for allegedly infringing its With Friends trademark. There's been plenty of media discussion about the case (I was particularly amused by Will Oremus' suggestion that Zynga has become "the Lindsay Lohan of Silicon Valley startups"), but one thing that I haven't seen mentioned is the fact that Zynga has tried to stop other companies from using "With Friends" names in the past. Specifically, its lawyers sent a letter earlier this year to a startup called Apartment 7 saying that it had to change the name of its Cupid With Friends dating website, and that it had until May 24 to comply.NSA Responds To New Reports On Top-Secret Spying Program, XKeyscore
Aug 01, 12:30AM
The National Security Agency thinks we have been misled by The Guardian's report of a new tool, XKeyscore, that allows agents to read the content of email and private social media chatter. "Allegations of widespread, unchecked analyst access to NSA collection data are simply not true," reads a press release issued by the agency today. "Access to XKEYSCORE, as well as all of NSA's analytic tools, is limited to only those personnel who require access for their assigned tasks."Salesforce.com Doubles Mobile Packs, Adds Design Templates For Design-Challenged Developers
Jul 31, 11:59PM
Salesforce.com is doubling the mobile packs it makes available, adding design templates for developers and a feature for syncing data. It's all part of an effort for Salesforce to help clients use its platform to build apps that foster productivity during those hundreds of, what the company calls, "micro-moments" that we face every day. Yes -- if it smells like marketing, it usually is. But there is some meat on the bones of this new release even if it is packaged with that trademark Salesforce spin. Here are a few of the highlights.Scientific Breakthrough Lets SnappyCam App Take 20 Full-Res Photos Per Second
Jul 31, 10:56PM
Your standard iPhone camera app is actually pretty slow, taking just three to six photos per second at 8 megapixels each. But with SnappyCam 3.0 you can shoot 20 full-resolution photos per second thanks to a breakthrough in discrete cosine transform JPG science by its inventor. 20 frames per second is fast enough to capture animations or every gruesome detail of an extreme sports crash.Max Levchin Wants Us To Mine Hurricanes For Energy
Jul 31, 10:37PM
Health care, finance, education, food and transportation are the five big areas of tech opportunity PayPal co-founder Max Levchin outlined today at Mixpanel's Data Driven Conference. But perhaps the most interesting tidbit he dropped was his dream of harnessing hurricanes for energy.Evan Spiegel And Bobby Murphy Say Alleged Snapchat Co-Founder Never Had Equity
Jul 31, 10:22PM
Snapchat co-founders Evan Spiegel and Bobby Murphy have said in new court documents that alleged co-founder Reggie Brown never had equity in the company. In February, Brown filed a suit against Snapchat claiming that he has been robbed of his stake of the company. Spiegel has admitted that Brown came up with the idea for a disappearing messages app. But Brown may not have had equity in Snapchat.Fullscreen Gives Video Creators The Tools To Collaborate And Make More Money On YouTube
Jul 31, 10:00PM
Fullscreen is one of the newer multichannel networks to appear on YouTube, and unlike some others, it's focused on providing technology tools for its creators to understand their audience and better monetize their videos. As part of our TechCrunch TV tour of new media companies in Los Angeles, we stopped by Fullscreen to get a demo of its platform and learn more about how it's helping creators.Spotify Doubles Revenues In 2012 While Losing Money, Highlighting Royalty Squeeze
Jul 31, 9:58PM
Spotify's 2012 results are out today, with Reuters reporting that the private company had revenue of 435 million euros, and a 58.7 million euro net loss. The revenue figure is impressive, more than doubling 2011's 190 million euro tally. However, the company's net loss widened in the year, even as it saw a dramatic expansion of its top line from 45.4 million euros to the aforementioned 58.7 million figure.Airbnb Updates Mobile Apps To Give Hosts Tools For Listing And Managing Spaces From Their Phones
Jul 31, 9:54PM
Peer-to-peer marketplace company Airbnb has released new versions of its mobile apps that will give users better tools for managing their listings on the go. The app also has taken a big step forward by enabling users to list their space directly from their smartphones.Yelp Beats Street Estimates In Q2 With Revenue Of $55M, EPS Loss Of $0.01
Jul 31, 9:53PM
Today Yelp beat expectations, reporting second quarter revenue of $55.0 million, and a per-share loss of $0.01. Analysts had expected the company to lose $0.04 per share, on revenue of $53.3 million. It was a good quarter for the company, but nothing near a breakout period in which Yelp found new growth. Still, not every financial period can be a blowout.Stipple Partners With Getty Images For Smarter In-Image Advertising
Jul 31, 9:00PM
Stipple is announcing a partnership with Getty Images that integrates Stipple's technology for in-image advertising with Getty's library of photos. Technically, there was nothing before that stopped someone who published Getty's photos from including Stipple ads inside those photos. However, the new integration should make those campaigns more effective, particularly by tapping into the Getty metadata — Stipple co-founder and CEO Rey Flemings said that one of the things that has "hindered" the use of photos online is the fact that most publishing systems strip the relevant metadata from those images.Adobe Buys Satellite For Tag Management Technology, Makes Deeper Move Into Marketing And Ad Tech
Jul 31, 8:53PM
Following on from its $600 million purchase of marketing platform Neolane, which closed earlier this month, Adobe today made its fourth acquisition of 2013. To strengthen its marketing and analytics business, Adobe has bought Satellite, a tag management technology that helps marketers with analytics and media tracking across web sites. Satellite is part of a larger interactive marketing agency called Search Discovery.Socrative Gets $750K From True Ventures, NewSchools To Bring Realtime Student Response System To K-12 Education
Jul 31, 8:41PM
TechCrunch has learned today that Socrative, an intelligent student response system aimed for K-12 classrooms, has quietly raised $750K in seed financing from True Ventures, NewSchools Ventures and a handful of angel investors in Boston -- where the startup is headquartered -- including Jean Hammond and Eileen Rudden. According to our sources, the startup closed the majority of its round in April, but has added a few investors since then and has mostly remained mum in regard to its financing and investors.Evernote Competitor Catch.com Shuts Down Its Note-Taking Apps, Company Heading In "Different Direction"
Jul 31, 8:40PM
Catch.com (formerly known as Snaptic) is shutting down its Evernote competitor, called Catch Notes, which allowed users to capture and save notes on iOS and Android, as well as on the web through browser extensions for Chrome, Firefox and IE, and even via email.Google Testing Local News In Google Now, As Well As The Limits Of Feature Bloat On The Android Assistant
Jul 31, 8:29PM
Google is testing out local news cards for Google Now according to a new report from Quartz, which cites Google's VP of Search and Assist as the source of the info. The local news card is in the experimental A/B testing phase, with the aim of gathering feedback from users about whether it should go live to the broad Android user base.Grockit Sells Social Learning Platform To Kaplan, Goes All-In On Learnist, Its "Pinterest For Education"
Jul 31, 7:00PM
If you haven’t heard, some of the former giants of the education world haven’t been doing too well, particularly academic publishers, as evidenced by McGraw-Hill’s recent sale and Cengage’s filing for bankruptcy earlier this month. The bigs are faced with a slow death, or slow rehabilitation (with death still a possibility) by digitizing their content and services — and digitizing fast. Kaplan is one of those familiar names, as the 70-year-old test prep company recently launched its own TechStars-bankrolled “EdTech” accelerator in NYC, while its venture capital arm moves to invest in more digital education startups, like Treehouse. Today, it’s taking another smart step toward a digital future by snapping up the test prep assets and social learning platform of veteran EdTech startup, Grockit, the San Francisco-based maker of social learning apps and technologies. Why is this a smart mutual decision? Well, for starters, as Kaplan CEO Andy Rosen recently said: “Continuing to cultivate new innovations in education technology is critical to the future of the company and the industry at large.” Yup. For many of these old hands of education, developing digital tools internally will be equivalent to starting from scratch. There has been a new wave of education startups that are innovating and building mobile apps and software across the educational spectrum. There’s a ton of early-stage capital moving into education, but not so much in the series A and B range. Education startups are starting to feel the crunch and will continue to for the foreseeable future, which presents a great opportunity for what corporate acquirers there are in the education space. As a matter of fact, CB Insights laid this out for us in May, and as you can see, Kaplan ranked fourth on the list in the number of acquisitions it made over the last three years. With its acquisition of Grockit, the company is just one purchase behind Blackboard and Macmillan, and it really wouldn’t be surprising to see Kaplan continue playing the role of EdTech buyer. As long as it has the cash, there’s no reason not to continue. It’s also a smart move, because Grockit went through a significant shift of focus over the last 18 months or so. The startup first came on the scene in 2006 as a video test prep course for standardized tests, before re-launching at TC50 in 2008 as a social learning service, combining game-ification with personalized,Founder Stories: Matt MacInnis On Leaving Apple To Start Inkling
Jul 31, 7:00PM
This week's Founder Stories features Inkling Founder and CEO, Matt MacInnis. Inkling, the 100 employee cloud publishing company, recently announced a $16 million Series C funding. With inevitable growth, it is an interesting time for Inkling. But that story is still unfolding so Matt and I went back to the beginning and talk more about how the company started and what inspired him to leave Apple after eight years to build a startup.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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