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Mar 23, 4:08AM
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India is Uber’s second largest market worldwide behind only the U.S., and the company is today bolstering its position in the Asian country after agreeing to an alliance with media firm Times Internet. One component of that deal is an undisclosed investment from Times Internet.
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Mar 23, 1:03AM
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The rise of companies like Flipkart, Snapdeal and Ola have put a spotlight on the e-commerce opportunity in India, where the growth of catchy businesses is being fuelled by consumer demand, improving Internet connectivity and generous VC funding. Now, a new startup called Razorpay — part of the current Y Combinator class — is hoping to ride that trend, by giving more startups…
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Mar 23, 1:00AM
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Editor’s Note: Ben Murray is the editor for The Space, a digital art non-profit organization in the UK and was a former BBC digital editor. The line “good artists copy; great artists steal,” attributed to Pablo Picasso and appropriated by Steve Jobs in a 1995 interview, is in some ways at the core of much of the aesthetic endeavors that engage modern technology. Jobs…
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Mar 22, 9:00PM
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“You can’t get venture capital if you’re hiring people who make content.” Of all the people least likely to say those words, Jonah Peretti, chief executive of BuzzFeed, would have to be high on the list. But Peretti is no stranger to having people say exactly that to him. Looking for investment in his startup back in 2006, Peretti found that the mere mention of the…
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Mar 22, 7:16PM
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A former Twitter engineer has filed a gender discrimination lawsuit against her ex-employer, alleging that promotion opportunities are denied to women because of arbitrary promotion policies within Twitter that unlawfully favor men.
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Mar 22, 6:00PM
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For the past few years, the most visible friction between startups and regulatory agencies has been on the local level. Venture capital “unicorns” like Uber, Lyft and Airbnb have been battling municipal regulators and officials as they transform travel, transportation and other industries largely in the purview of local government. But this regulatory “fault line” is…
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Mar 22, 5:27PM
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Android users are beginning to see an option for on-body detection in version 5.0 and up, which lets you unlock your device once, and then have that unlock grant you continued access without having to re-enter your pin, so long as the smartphone or tablet never leaves your person. It’s just a convenience feature, and one that can be optionally enabled to let you more easily access…
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Mar 22, 5:12PM
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According to multiple local outlets, WordPress blogs are currently not accessible in Pakistan and pointing the blockage at the Pakistan Telecommunication Authority (PTA). TechCrunch has not been able to confirm that yet. As it stands right now, WordPress.com and blogs hosted by WordPress cannot be reached. Self-hosted WordPress blogs still work.
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Mar 22, 3:00PM
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“I’ve probably revised this investor pitch deck 200 times,” a founder told me recently. She’d met with more than 50 potential investors before closing a seed round last month. This might sound excessive to some, but her experience is not unusual. Entrepreneurs often spend hundreds of hours raising funds from angel and venture capital investors. While these activities…
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Mar 22, 1:11PM
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Buzzy live streaming video app du jour Meerkat does include an option to save your video once you’ve killed the stream — but hey, in the slick environs of frictionless social broadcasting who has time for after-the-fact uploading? So here’s Katch to take the incremental strain out of your post-Meerkat experience via a hashtag-triggered auto-upload.
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Mar 22, 9:30AM
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It’s no wonder that with over 4,000 startups in the Greater Tel Aviv area, Israel is ranked 1st in the world for innovative capacity in 2014 by the IMD Global Competitiveness Yearbook.
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Mar 22, 1:00AM
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March: the month where brackets are set, all-star players and teams are matched up and competitions determine who is best in the league. As the intensity of March Madness is upon us, I’ve been watching another landscape in which, similar to NCAA basketball, players are closely being measured and champions are already being predicted. I’m talking about the connected fitness…
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Mar 21, 9:00PM
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Eight weeks is what the port of Oakland estimated it would take to recover from the paralyzing effects of the west coast port labor disputes. That’s right, as much as eight weeks of delays for domestic car manufacturers to receive parts, grocery stores to receive food and retailers to get their hands on the new Apple Watches. And eight weeks for the U.S. exporters to get their goods…
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Mar 21, 9:00PM
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I’ve already posted one interview from last weekend’s Yappy Hour event at South by Southwest — my interview with Courtney Dasher, owner of Instagram star Tuna Melts My Heart. But I wasn’t just there to talk about dogs that are big on social media. I also spoke to Aaron Hirschhorn, co-founder and CEO of dog-sitting marketplace DogVacay, and Ben Jacobs, co-founder and CEO…
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Mar 21, 7:39PM
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While it can be dangerous to take lessons from television shows or science fiction novels, there’s evidence that as technology advances at breakneck speed, there will be those who are afraid of what’s coming and people could choose sides. To some extent, it’s because technology is always a few steps ahead of society, and we have yet to come to grips with much of…
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Mar 21, 6:16PM
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Yesterday afternoon, the legal team representing venture capital firm Kleiner Perkins Caufield & Byers rested its case in the Ellen Pao Vs. Kleiner Perkins trial, bringing the fourth full week in the courtroom to a close. The end of the trial is now clearly in sight, with only the closing arguments and the jury deliberations remaining. Over the past several days, Kleiner’s head…
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Mar 21, 6:00PM
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With 137% returns in an approximately two year period, there’s logic in mutual funds continuing to throw big dollars into strong IPO candidates, thus significantly inflating valuations. With this encroaching competition it’s not surprising then that VC’s are sending the warning.
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Mar 21, 6:00PM
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On Lending Club’s February 2015 quarterly earnings call, an analyst asked CEO Renaud Laplanche a simple question: have you considered getting the loans you’re issuing rated? Renaud had a simple answer: We have, but we won’t. As Renaud said, the marketplace lending platform’s loan grading system, which it illustrates on its website, is in many ways more transparent and…
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Mar 21, 5:57PM
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Property Partner is a London-based startup that lets anybody invest in the ‘buy to let’ market (as it’s called here in the UK) starting from as little as £50. Today the company is disclosing new backing to help expand across the UK and beyond: a £5.2 million Series A round led by Index Ventures.
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Mar 21, 5:00PM
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The Gillmor Gang — Dan Farber, Kevin Marks, Keith Teare, and Steve Gillmor. Meerkat the next shiny object, or the latest addition to the viral puzzle known as user experience in the enterprise and trending on the InterTubes? All I know is, when these streams pop up in some random, chaotic order, we’re once again being schooled in the Art of the Improbable. Plus, the latest G3:…
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