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Uber Launches Auto Rickshaw Service In India, Allows Cash Payments For First Time
Apr 09, 11:09AM
India’s taxi app hailing war is heating up. This morning, details of Ola’s latest $310 million funding round surfaced, and just hours later, Uber has introduced its first service that allows cash payments in the country. Read MoreEuropean Facebook Privacy Lawsuit Heads To Court In Vienna
Apr 09, 10:27AM
A class action data privacy lawsuit that’s being brought against Facebook in Europe — for participation in the NSA’s PRISM dragnet surveillance program, among other alleged data protection violations — gets its first preparatory court hearing today in Vienna’s Regional Cou Read MoreAframe Puts Professional Video Editing In The Cloud
Apr 09, 10:00AM
Aframe, the London-headquarted startup that is taking on industry giants like Avid with its cloud-based video production platform, is one step closer to founder David Peto’s vision to put professional-grade video editing in the cloud. Read MoreUrban Ladder, India's Largest Online Furniture Store, Scores $50M From Sequoia And Other Investors
Apr 09, 7:36AM
Urban Ladder, the e-commerce store that claims to be India’s largest online seller of furniture and home accessories, has stocked its coffers with $50 million in new funding led by Sequoia Capital and TR Capital. Returning investors Steadview Capital, SAIF Partners, and Kalaari Capital also pitched in. Read MoreOla, Uber's Main Rival In India, Refuels Its Tank With $315M In New Funding
Apr 09, 6:13AM
Ola, the taxi-calling app that is Uber’s biggest competitor in India, has raised $315 million in new funding from DST Global, as well as returning investors Tiger Global, Steadview Capital, and Accel Partners. The new capital was disclosed in filings with the Registrar of Companies obtained by research firm Tofler and brings the total Ola has raised so far to about $592 million. Read MoreXiaomi Sold Over 2M Smartphones In 12-Hour 'Fan Festival' Sale
Apr 09, 6:09AM
Xiaomi massively expanded its retail channels in India this week, and sales have been on the agenda this week after it sold more than two million smartphones on Wednesday. That effort broke its previous best for a ‘flash sale’ event. Read MoreMessaging Company Kik Seeking Strategic Partnerships Rather Than Sale
Apr 09, 5:06AM
Kik, the mobile messaging app company based in Waterloo, Canada, is assessing opportunities to advance its service through partnerships and strategic investment with established tech firms. Contrary to media reports, however, it is not shopping around for a sale. Read MoreU.S. Teens' Social Media Activity Is Diversifying, Says Pew
Apr 09, 4:01AM
Anyone in tech can tell you that Actual Teens are hallowed ground. Where teens’ tastes wander, the industry froths itself into a frenzy attempting to follow. For teens are a bellwether of dollar valuations to come. So what are American Teens keen on right now? A new report by the Pew Research Center delves into the tech that matters to the kids that matter. Read MoreSurveillance Reform Movement Rallies Ahead Of June 1 Deadline
Apr 09, 12:22AM
After two years of roadblocks in reforming the National Security Agency programs revealed by Edward Snowden, it seems the viral John Oliver segment and impending program deadline are breathing new life into a reform movement that has seemed stagnant since late last year. Privacy advocates experienced a major setback in November when a surveillance reform bill, the FREEDOM Act, died in a… Read MoreSecuring A Huge Growth Round
Apr 09, 12:00AM
Pitching VCs is a serious challenge at any stage, but asking for a $30-60 million check is usually the sale of a founder’s life. Convincing an investor to accept a valuation that most normal people think you’d deserve in a year’s time (at best) piles on the challenge. I’ve recently been working with a few of our portfolio companies on these kinds of deals and wanted… Read MoreThis App Turns Facebook's New Messenger Interface Into A Standalone Mac App
Apr 08, 11:26PM
Well, damn, that was fast. Someone has already wrapped up Facebook’s new Messenger site as a standalone Mac app. It’s like having a really good, dedicated Facebook Messenger client for OS X. Read MoreThe Netflix Watch
Apr 08, 10:53PM
Lots of unanswered questions remain around the Apple Watch. Will consumers want it? Will it find its “killer app”? Is the battery life long enough to get most people through the day? But one thing is for certain: watching Netflix on the Apple Watch’s tiny screen would suck. Thus, the Netflix Watch — a late, but still welcome, April Fools’ gag. Read MoreTC Droidcast 44: Galaxy S6 Edge And Watches, Watches, Watches
Apr 08, 10:39PM
This week, we talk a lot about watches since the first salvo of Apple Watch reviews are out, and we can finally compare it in practical terms to Android Wear. We also discuss the Galaxy S6, which has every sign of being the best Android smartphone available. Our discussion of Android Wear jumps off from Google’s official blog post about the platform today, which seems like a meek response… Read MoreDJI Engineered The Phantom 3 Drone To Be More Plug-And-Play
Apr 08, 10:17PM
With a bit of fanfare today, DJI announced the Phantom 3 Drone at a launch event in New York City. But it was a worldwide affair at one point when they showcased its live stream capabilities with flights above the Hollywood Hills, Santorini in Greece, and a launch party in Singapore that ended in a beautiful nighttime vista of the city. Unfortunately the Hollywood remote had a bit of lag and… Read MoreInformatica Could Feel A Tight Squeeze From Its New Owners
Apr 08, 9:39PM
Informatica was sold yesterday to private equity firm, Permira and The Canada Pension Plan Investment Board, a rather strange mix of investors. The selling price was $5.3B and published reports suggest that it might not have been Informatica’s wish to be sold. What’s done is done, however, and the question is can this profitable company stay that way owned by a traditionally… Read MoreYouTube Confirms Plans For An Ad-Free, Subscription-Based Service
Apr 08, 9:18PM
Confirming reports from last fall, YouTube announced today its plans for an ad-free, subscription-based service by way of an email sent out to YouTube Partners. The email details the forthcoming option, which will offer consumers the choice to pay for an “ads-free” version of YouTube for a monthly fee. The additional monetization option requires partners to agree to updated terms… Read MoreZynga Drops 8% After Hours On News That Former CEO Mark Pincus Will Return To Lead The Firm
Apr 08, 9:07PM
He’s back. Today, following the cessation of trading, Zynga announced that its former CEO Mark Pincus will return to the role. Now-prior CEO Don Mattrick is out of two chairs: The one atop the company’s leadership structure and his seat on the board. The company’s shares fell more than 10 percent in the wake of the news, but have since recovered to a more modest negative 8… Read MoreStop Fearing Artificial Intelligence
Apr 08, 9:00PM
As yet another tech pioneer with no connection to artificial intelligence steps out to voice his fears about AI being catastrophic for the human race, I feel the need respond. While I respect Steve Wozniak’s technological contributions to our culture, I fear that he, like so many others (Musk, Hawking, Gates), is poisoning the well for fear of something he doesn’t truly understand. Read MorePeriscope Tries To Fix Discovery And Comment Noise
Apr 08, 8:57PM
Periscope got so big so fast that it became hard to find friends’ broadcasts, or make sense of the rapid-fire comments on popular streams. Today, Twitter’s livestream app acquisition tried to address those problems by splitting the “Watch” tab into separate “Friends” and “Global” tabs, so every live broadcast in the world doesn’t drown… Read MoreApple Quietly Bought Dryft, A Keyboard App
Apr 08, 8:13PM
Apple quietly bought Dryft, a startup that develops keyboard apps — an acquisition that appears to have occurred last year — TechCrunch has learned. The acquisition seemed to be confirmed by Randy Marsden’s LinkedIn profile, which lists him as joining Apple last September. Marsden, the chief technology officer of Dryft and also a co-founder of Swype, now leads development… 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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