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China Will Launch A $6.5B Venture Fund To Support Startups
Jan 16, 4:48AM
China’s government will launch a new 40 billion RMB (about $6.5 billion) venture capital fund to invest in seed-stage tech startups. The news comes as investor interest in Chinese VC firms recovers after several years of decline. Read MoreHands On With Xiaomi's Mi Note Phablet
Jan 16, 4:27AM
China’s Xiaomi outed its latest smartphone, the Mi Note, yesterday, and we managed to get our grubby mitts on the 5.7-inch screen device. Read MoreSamsung Electronics' New Design Lead Is An Alum Of Jony Ive's Former Consulting Firm
Jan 16, 3:28AM
Remember the trypophobia-inducing Galaxy S5 design that Samsung released to near-universal horror last year? The South Korea tech giant hopes to avoid similar debacles in the future with the hiring of Lee Don-tae as its new global design team leader. Read MoreChinese Taxi App Company Kuadi Dache Raises $600 Million Led By SoftBank
Jan 16, 2:45AM
China’s top taxi-booking apps are locked and ready to go for 2015 after Kuadi Dache became the fourth company in its space to raise new funding in the past month. The company announced a $600 million round led by SoftBank, with participation from existing investors Alibaba and Tiger Global. Read MoreOusted Founder Gurbaksh Chahal Raises His Offer To Acquire RadiumOne
Jan 16, 12:41AM
Founder Gurbaksh Chahal isn’t giving up on his efforts to acquire RadiumOne, the ad-tech company that fired him last year. Back in April, Chahal was ousted from his role as CEO after he pled guilty to misdemeanor charges of battery and domestic violence battery, leading to intense criticism of the company. RadiumOne and Chahal later issued a public statement saying that they had… Read MoreAlleged Silk Road Mastermind Claims Head Of Mt. Gox Was The Real Dread Pirate Roberts
Jan 16, 12:35AM
If you read the headline above and said “Huh?” then you are not alone. It seems Ross Ulbricht, the alleged head of Silk Road, was not the real owner of the site. According to Ulbricht’s attorney, the creator was one Mark Karpeles, the disgraced head of Mt. Gox, an exchange that imploded theatrically in February. Motherboard has a reporter at the trail who noted that… Read MoreXbox One Goes Back Down To $349
Jan 15, 11:36PM
Back in November, Microsoft dropped the price of the Xbox One down to $349 as part of a “promotion” (read: market test) through the holidays. It did great! Hell, it managed to outsell the PS4 for once, ending Sony’s long running streak as top seller. Then it did it again in December! Then came the New Year. Right as the ball dropped, Microsoft bumped the price back up to $399. Read More
Get Out Your Burn Book Because Mean Girls The Mobile Game Is Coming To iOS
Jan 15, 10:57PM
Have you been personally victimized by Regina George? You can now play her in a game. The aptly named gaming company So Much Drama is bringing a reimagined version of the film Mean Girls to iOS. Similar games such as Mean Girls High School Showdown for web and Mean Girls DS for PlayStation exist, but this is the first time a game based on the popular chick flick is available on iPad and… Read MoreThis App Turns Your Phone Into A Disposable Camera, Hiding Your Photos Until They're Delivered To Your Door
Jan 15, 10:56PM
Remember the good ol’ days of personal photography? The days of limited film rolls; of crappy yellow cameras you bought at the drug store? None of this “Oh, you blinked? Don’t worry — I can retake it!” digital nonsense. More like “You blinked? Enjoy looking at your dumb blinking face in the photo album for the rest of eternity.” Read MoreSMS-Based Recommendation Engine Cloe Aims To Outsmart Siri
Jan 15, 10:49PM
Despite being on our phones for years, Siri still often gets confused by our questions. Cloe, an SMS-based recommendation engine, adds a human understanding that provides context to our queries. And Cloe co-founder Chase Hildebrand hopes his text-based service will become the better Siri for finding out the best of everything around you. Read MoreGame Developers Report Growing Profits And Interest In Esports
Jan 15, 10:47PM
The gaming industry appears to be in strong shape, according to a recent survey of 2,000 North American developers. The study, conducted by the Game Developers Conference, states that 41 percent of developers reported higher profits in 2014 than the year before. Only 9 percent indicated that their profits declined. The remaining developers were either flat, year-over-year, or unsure. Hiring… Read MoreIntel Dips After Its Weak Q1 Guidance Overshadows Strong Q4 Results
Jan 15, 10:09PM
Intel reported its fourth-quarter financial performance today, including revenue of $14.72 billion and profit per share of $0.74. Both figures beat expectations: The street had expected $14.70 billion in revenue and $0.66 in profit. But neither the company’s narrow profit beat, nor its wider profit beat, have sent its shares higher in after-hours trading. Rather, at issue is its… Read MoreThe Sentiment On Sharing Is Shifting
Jan 15, 10:00PM
Cities make the sharing economy work. The overall sentiment toward sharing is shifting as traditional industries are upended and local regulatory environments are disrupted, while the sharing economy serves as a bulwark for innovation and growth — all at the same time. Read MoreODG Wants To Put Android On Your Face For Less Than $1000 Later This Year
Jan 15, 9:57PM
Yesterday I got to play with a pair of augmented reality glasses from Osterhout Design Group, a San Francisco-based company that’s spent the last six years iterating on AR for military and industrial clients. Read MoreHoping To Engage More Readers, Wikipedia Rolls Out A Redesigned Mobile App
Jan 15, 9:00PM
The Wikimedia Foundation is rolling out a new version of its Wikipedia mobile application beginning this afternoon, which offers an improved reading experience, better search and an image-centric design, the company says. The updated app will be released on Android first, with an iOS release scheduled to follow. Read MoreMonument Valley Team Reveals The Cost And Reward Of Making A Hit iOS Game
Jan 15, 8:57PM
Games and the formula that leads to their success can be a bit of a mystery, perhaps more so on mobile. One of 2014’s big hits, both in terms of critical and audience success, was Monument Valley by ustwogames. The isometric 3D puzzler was breathtaking in terms of its visual design and had nice mechanics, and it managed to earn nearly $6 million in revenue from over 2.4 million… Read MoreThis Week On The TechCrunch Bitcoin Podcast: The Crash
Jan 15, 8:45PM
Welcome to the very first episode of TCBTC, TechCrunch’s new, weekly, bitcoin-focused podcast. It has been a turbulent 2015 thus far for the cryptocurrency, making it a perfect moment to take stock of the year’s price swings and make a few predictions about what is coming next. Read More500 Startups-Backed Cleanify Wants To Be Expedia For The Cleaning Industry
Jan 15, 8:30PM
While a number of startups have emerged to offer on-demand cleaning services to consumers, most of them just hire subcontractors and pay them a flat hourly fee for their work. But they do little to help them build their businesses outside of the platforms. Cleanify offers something different: It wants to provide independent cleaners and small businesses with the tools they can use to find… Read MoreGOP Net Neutrality Proposal Draws Ire, Praise
Jan 15, 8:07PM
A preliminary Congressional GOP net neutrality plan earned modest praise today from the Internet Association, while Senator Al Franken tried to rally his troops this morning in the opposite direction. Congressional hearings on net neutrality are planned for next week. The Internet Association, which counts Facebook and Uber as members, managed to produce a lukewarm statement concerning the… Read MoreDating Service Zoosk Lays Off 15% Of Staff, Company Confirms
Jan 15, 7:22PM
Dating service Zoosk has laid off 15 percent of its employees this week, sources told TechCrunch, and the company now confirms. According to a spokesperson, the move was made as part of a larger effort to lower expenses in many areas. News of the layoffs follows the exit of Zoosk’s founders from their leadership roles last month, and confirmation that the company was indefinitely… Read MoreIf 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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