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Feb 23, 8:40AM
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Amid deeper investigations into how Apple may be using its operations in Ireland as a means for tax avoidance on tens of billions of dollars, the iPhone maker has announced that it will spend nearly $2 billion (€1.7 billion) to develop two new 100% renewable energy data centers in Europe. The centers — which will use wind power and other green fuel sources — will be located…
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Feb 23, 8:02AM
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Gemalto, the SIM card maker that reportedly had its encryption keys stolen by the NSA and GCHQ, has claimed that its products are secure, despite apparent leaked NSA documents suggesting otherwise.
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Feb 23, 6:52AM
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NoBroker, a peer-to-peer property listings startup that wants to rid brokers from the rental process in India, has closed a $3 million Series A round to expand its service to more cities beyond Bombay and Bangalore.
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Feb 23, 6:30AM
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You’ve probably heard that the FAA proposed its rules for commercial drones last weekend. There’s some good and some bad in those rules. The good thing is that drone startups finally know what kind of rules they will operate under once they are codified in the next year or so. The bad: many of the most interesting use cases for drones, including drone delivery, will be…
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Feb 23, 4:58AM
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LG had a good 2014, posting record quarterly shipments and doubling its annual profits. The company released some eye-catching smartphones (and smartwatches), but much of its success came down to solid, affordable mid-range devices.
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Feb 23, 3:49AM
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It looks like Samsung is finally dispensing with its tradition of faux leather, plastic backs for its Galaxy S range.
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Feb 23, 2:00AM
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It’s become increasingly common for early-stage entrepreneurs to “lead their own rounds” via the use of convertible notes. In cases where they set financing terms themselves, they often set a high valuation cap and sign initial angel investors onto those terms rather than waiting for VCs to join. While this sounds like it’s good for founders, it can actually harm…
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Feb 22, 11:00PM
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If you run an e-commerce business, Facebook can be a big opportunity for making sales and finding new customers — in fact, the company just announced new ad units for this very purpose. But if you need a little more handholding, there’s a startup called Funnely that might help. Funnely was created by a team based in Buenos Aires, Argentina, and that’s where the…
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Feb 22, 10:00PM
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Fogo Digital, who you may remember as a competitor in this year’s CES Hardware Battlefield, has launched their smart flashlight on Kickstarter.
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Feb 22, 9:00PM
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Although the Super Bowl is still “king” when it comes to TV ad space, annual award shows like the Oscars and the Grammys are also very attractive to advertisers. For the recent Grammy Awards, 30-second commercials went for $1 million apiece, while half-minute ads for this year’s Oscar telecast are selling for $1.9 million.
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Feb 22, 8:35PM
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We’ve still got nearly two weeks to go before HTC officially unveils their new top-tier Android phone at Mobile World Congress, but it looks like the details have already started dumping out.
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Feb 22, 8:06PM
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Atlanta was one of the first cities in which we held a TechCrunch Meetup. Back then, we didn’t have quite as much structure. It was called the “Southeast Mini Meetup Tour”. There was no pitch-off. No program. Back then, Matt looked like this: But, despite the odds, the fine folks of Atlanta pulled together to give us one of the best events we’ve ever had. We held it…
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Feb 22, 4:00PM
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My taxi pulled up to the hotel. I got out my credit card and prepared to pay for the ride. The journey was pleasant enough but little did I know I was about to encounter a bit of psychological trickery designed to get me to pay more for the lift.
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Feb 22, 3:40PM
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Main Street Hub, a company that helps mom and pop businesses run social media marketing, customer relationship management (CRM) and marketing automation recently announced it has received $20M in debt financing from Silicon Valley Bank. The company has raised a total of $40M. The most recent funding before this announcement was $14M in Series B in January, 2014. It has 6000 subscribers who…
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Feb 22, 1:50PM
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Twitter is two things. It is a concept — everyone in the world connected in real time — that’s so obvious in retrospect that it is impossible to imagine it not existing. It is also a product that has had a rough time living up to that concept. Much of its battles have had to do with convincing the market that it’s a sustainable business, as well as a usable product…
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Feb 22, 2:00AM
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A recent article in TechCrunch characterized nascent upstarts in the restaurant industry as wide-eyed idealists with little reality of the harsh, high-touch operating environment in which they operate. Having worked in the tech, food and health worlds for most of my career, I believe the article misrepresented the significant progress being made across the industry. On almost every front…
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Feb 21, 11:00PM
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Social location app FacesIn has relaunched with a new focus on delivering location-based alerts about where someone will be soon — not just where they are right now.
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Feb 21, 9:00PM
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When Apple launched the iPhone in 2007, the world was immediately changed forever and the web gave way to apps as the leading way people absorbed content. As with most emerging mediums, Hollywood was one of the first forces to take notice of mobile and tap its potential to reach fans. Unfortunately, a lot of these attempts have historically ranged from confusing to ridiculous.
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Feb 21, 8:08PM
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The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a…
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Feb 21, 7:37PM
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If you didn’t know how easy it was for hackers to grab information off of your smartphone before, you should now. The Intercept reported earlier this week that the National Security Agency (NSA) and the British equivalent spy agency GCHQ had allegedly hacked into and stole information from millions of SIM cards produced by the Dutch company Gemalto. This may have given both agencies…
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