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Line's New Fund Invests In Japanese Online Video Startup 3Minute
Feb 12, 7:34AM
Just three days after launching a $42 million fund, Line has announced its first investment. LINE Life Global Gateway Fund is putting an undisclosed amount of money into 3Minute, a Japanese online video production startup. Read More
iPhone And iPad Users Can Now Download iOS Apps From Pinterest
Feb 12, 6:31AM
Pinterest is making its visual social network a destination for app downloads, after it announced a partnership with Apple that lets its users download iOS apps directly from its mobile app. Read More
Alibaba's Latest Marketing Campaign Supports Same-Sex Marriage
Feb 12, 6:30AM
Alibaba marketplace Taobao will celebrate Valentine’s Day by sending gay couples to the U.S. and other countries where same-sex marriage is legal. To be sure, the event, We Do, is a publicity ploy like Alibaba’s recently announced drone pilot program. We Do, however, is much more notable because it is unusual for a Chinese company to publicly support gay rights. Read More
Restaurant Discovery Site Zomato To Launch Food Delivery Service, Starting In India
Feb 12, 5:24AM
Zomato, the restaurant discovery site that bought U.S. rival Urbanspoon last month, is expanding its business into food orders, starting in its home market of India next month. Read More
Rumors Of Robo Advisors' Deaths Are Greatly Exaggerated
Feb 12, 4:00AM
Shane Leonard recently wrote a doomsday post on this site about robo advisors, whose rapid growth has made the behemoths of finance take notice. Now that robo advisors like Betterment and Wealthfront have shown there’s a market for low-cost, online investment management, Leonard predicts that the industry’s incumbents will copy robos’ technology and offer similar services… Read More
GrabTaxi, Uber's Rival In Southeast Asia, Prepares To Introduce Cashless Payments
Feb 12, 3:14AM
GrabTaxi, the SoftBank-backed taxi-on-demand service in Southeast Asia, is preparing to introduce cashless payments to take it beyond cash-only fares and put it on par with Uber’s frictionless payment system. Read More
InterviewJet Raises $750K To Provide Curated Introductions To Top Tech Talent
Feb 12, 1:10AM
Given the current job market in Silicon Valley, one of the biggest challenges faced by startups and established companies alike is the difficulty in finding and recruiting the best engineers. Read More
Dropbox Hires Former Motorola Mobility Exec Vanessa Wittman As CFO
Feb 12, 1:02AM
Cloud storage company Dropbox announced today it has hired Vanessa Wittman as its new finance chief, who will be replacing longtime CFO Sujay Jaswa. Wittman brings some public company experience, having served as CFO and SVP at Motorola Mobility after the company had been acquired by Google and during the company’s later sale to Lenovo. Prior to that she was CFO of Marsh & McLennan… Read More
App Monetization Player, Metaps, Grabs $36M To Push Deeper Into Big Data
Feb 12, 1:00AM
Japanese company Metaps has pulled in a $36 million Series C round of financing from existing and new investors in Japan. While its initial focus was on app monetization, the company now touts itself as a big data and machine-learning play. Read More
E-commerce Site Jet Raises Another $140M
Feb 12, 12:44AM
Super-trendy e-commerce site Jet has raised an additional $140 million in funding. In an email to TechCrunch, the company confirmed that it has pulled in a new round led Bain Capital Ventures, with additional participation from Accel Partners, Coatue, General Catalyst, Goldman Sachs, Google Ventures, MentorTech Ventures, NEA, Norwest Venture Partners, Silicon Valley Bank, Temasek, Thrive… Read More
AOL CEO Tim Armstrong Talks Layoffs And Future Growth
Feb 12, 12:20AM
During today’s call with analysts, AOL CEO Tim Armstrong laid out some of his plans and priorities for 2015, and he elaborated on those plans in a short TechCrunch interview afterward. This comes after AOL laid off what we heard was about 150 employees, and closed two of its tech sites, Joystiq and TUAW — though they survive, to an extent, as parts of Engadget. Armstrong told… Read More
Fitbit Acknowledges Latest Devices Are Causing Rashes, Advises To "Give Your Wrist A Rest"
Feb 12, 12:14AM
Fitbits are still causing rashes. Some owners of the Surge are reporting that, like the Force and Charge before it, the new smartwatch activity tracker is causing a rash. Fitbit’s solution? Take the thing off occasionally. Fitbit tells TechCrunch that a very limited percentage of users reported skin irritation and the reactions are not uncommon with jewelry or wearable devices that stay… Read More
Bookniture Is A Book And Also Furniture
Feb 11, 11:56PM
You love books… but you also love places to sit. You’re in a bind. The evil Dictator of your tiny country says you can only one of the two – a book or a chair. What to do? If you have Bookniture, you can thumb your nose right at Generalissimo Alibria’s state photograph and sit on your book. What is this thing? Well, it’s basically a fold-away form of furniture made… Read More
The i-Road Is Toyota's Latest Crack At Envisioning A Post-Car Vehicle
Feb 11, 11:32PM
At a makeshift test track in a parking lot in San Jose, I got to take a test drive of the i-Road, a vehicle that fits a person and their bag (or a small child) and combines the ride characteristics of a miniature car and a motorcycle. Read More
Big Data On The Keyboard
Feb 11, 11:00PM
The Information Age has the potential to overwhelm. When that happens on a technical front – when the volume of data is so large that traditional databases cannot handle it, or not handle it well – the industry refers to the phenomenon as “big data.” The term has even come to refer to the technological processing that takes place with the vast amounts of data. Read More
Tesla Q4 Hit By Delivery Shortfall, But Company Expects To Be Back On Track In Q1
Feb 11, 10:43PM
Electric car manufacturer Tesla reported earnings today following the bell, including $1.1 billion in non-GAAP revenue, and an adjusted loss per share of $0.13. On a GAAP basis, using normal accounting methods, Tesla had a wider loss of 86 cents per share, and revenue of $957 million. The company delivered 9,834 cars in the period. In the sequentially preceding third quarter, Tesla delivered… Read More
HubSpot Beats On Q4 Revenue, Reports Narrower Than Expected Loss
Feb 11, 9:39PM
HubSpot reported its fourth quarter financial performance today after the bell, losing $7.1million (non-GAAP) on revenue of $34.2 million. The company had previously guided the market to anticipate between $31 and $32 million in fourth quarter top line. Investors had expected the recently-public company to lose $0.27 per share on revenue of $31.68 million. Down a fraction in regular trading… Read More
Zendesk Beats In Q4, Predicts Sustained Losses In 2015 On 45-50% Revenue Growth
Feb 11, 9:25PM
Today following the bell, Zendesk reported its fourth-quarter performance. The company lost an adjusted $0.11 per share on revenue of $38.5 million. The street had expected the company to lose $0.12 per share on revenue of $36.74 million. The company’s revenue grew 71 percent on a year-over-year basis, leading to an adjusted net income of negative $8 million and, employing normal… Read More
Ranku Finds International Students The Perfect US School
Feb 11, 9:22PM
America isn’t the land of opportunity unless you can get a job after college to earn a visa. That makes picking a city in which to attend a university a critical decision for international students. Some services can charge families thousands of dollars to guide them through the U.S. college selection process. Read More
Watch SpaceX's DSCOVR Launch Live Right Here
Feb 11, 9:17PM
This is the third time SpaceX has attempted to launch the DSCOVR, a satellite designed to go about four times further from the earth than the moon, and then provide whole-disc imagery of Earth, as well as warnings of extreme reactions from the sun that might be able to knock out power grids and communications. Advance warning could help people prepare in the case of extreme solar storms. SpaceX… Read More
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