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Apr 29, 11:30AM
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It’s been a bit more than half a year since shipping startup ShipBob went through Y Combinator, and it’s finally ramping up to launch in its second city. It’s able to make that jump thanks to a $1 million round of seed funding from SV Angels, Funders Club, and WeFunder, and others.
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Apr 29, 9:00AM
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IBM researchers say they’ve solved a big piece of the quantum computing puzzle with a new system for protecting against errors that can crop among among quantum bits, or ‘qubits.’
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Apr 29, 7:39AM
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Enterprise software maker Icertis has scored $6 million in series A funding led by Greycroft Partners and Fidelity Growth Partners India. Based in Pune, India and Bellevue, WA, Icertis will use the capital to expand and market its cloud-based contract management software.
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Apr 29, 7:07AM
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E-commerce platform Bigcommerce announced today that it has made its first acquisition, point-of-sale and inventory management software startup Zing. The value of the deal was undisclosed.
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Apr 29, 4:12AM
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Samsung Electronics has disclosed its first-quarter earnings, with operating profit tumbling once again thanks to pressure from rival smartphone makers. Its performance stands in sharp contrast to Apple, which posted its second-largest quarterly earnings of all time earlier this week.
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Apr 29, 1:00AM
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It’s fair to say that Barack Obama’s 2012 presidential bid marked a watershed moment for political campaigners. This was a campaign covered in Silicon Valley’s fingerprints, characterized as it was by its widespread use of technology to capture and record data to deliver targeted messages to voters. As one former Obama campaign manager said: “We stopped thinking in terms…
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Apr 29, 12:03AM
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Uber is planning to launch a merchant delivery program that would allow online shoppers to get same-day delivery of goods through both UberRush couriers and Uber drivers. TechCrunch has obtained training documents for Uber drivers and couriers who are part of the merchant delivery pilot program.
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Apr 28, 11:00PM
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About six months after it initially crossed the pond, Coinbase is finally landing in the United Kingdom. Coinbase is the bitcoin wallet and platform backed with more than $100 million from DFJ, NYSE and Andreessen Horowitz and that has attracted north of 2.7 million consumer accounts.
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Apr 28, 9:14PM
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Twitter today gave the first official news about the growth of its live-streaming video acquisition Periscope, with CEO Dick Costolo saying more than 1 million people signed in to the app in the first 10 days after its official launch on March 26. The public is closely watching Periscope’s growth, as it’s in a heated battle with independent competitor Meerkat for the mobile…
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Apr 28, 9:02PM
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GoPro made money last quarter, beat on revenue and is still down after hours. The company reported $363.1 million in first-quarter revenue, and net income of $16.75 million, is off 4 percent after regular trading pushed its shares up by the same percentage. Why is it trading down? It isn’t wildly clear, to be frank. The market expected that the company would generate less revenue…
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Apr 28, 9:00PM
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During conversations with VCs, entrepreneurs will often encounter a few sneaky questions that have nothing to do with their actual businesses today. Many of these are attempts by investors to learn something specific that they don’t want to ask directly, and there’s usually some kind of hidden meaning behind a given question. Some VCs may just be fishing for more information,…
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Apr 28, 8:51PM
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Well it’s essentially Star Wars time, with May the 4th in sight and the new movie set for launch later this year – and it probably won’t not be Star Wars time ever again if Disney has its way. To celebrate, Steam is hosting a big Star Wars Day sale, with discounts on classic games, and debuting the X-Wing and TIE Fighter series on its platform.
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Apr 28, 8:33PM
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In a bizarre leak, Twitter’s first quarter earnings made it onto the Internet — read: Twitter — before the cessation of regular trading, sending the company’s shares sharply lower. Trading was halted for a period. The company reported revenue of $436 million, an increase of 74 percent on a year-over-year basis. That number missed the company’s own guidance, as well…
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Apr 28, 8:10PM
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The publicly traded IT performance management service SolarWinds today announced that it has acquired Papertrail, a log management service, for $41 million in cash. SolarWinds may not be a household name, but it’s the parent company of website monitoring service Pingdom, which it acquired last year, and cloud monitoring service Librato, which it acquired earlier this year.
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Apr 28, 8:06PM
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Caveat Ballmer, or something. Microsoft made waves recently by disclosing in its quarterly 10-Q document that its Phone business, which generates billions in yearly revenue, isn’t performing as well as it expected. As Microsoft is carrying billions of dollars of goodwill related to the Nokia purchase on its books, the warning landed like a brick in a puddle of lukewarm slop.
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Apr 28, 8:04PM
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Four years ago, Facebook announced that they were decamping to Menlo Park from their longstanding home of Palo Alto. Just last month, the company finally cut the ribbons on a beautiful 430,000-square foot building designed by Frank Gehry that is basically one giant, open-air room with an enormous park on top. The effect on the prices of surrounding real estate has been profound. If you…
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Apr 28, 7:48PM
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Eyal Bino has been working for years to bring Israeli entrepreneurs into the New York City tech ecosystem, and his latest venture, ICONYC Labs is the culmination of that work. Together with Arie Abecassis, a partner and mentor at Dreamit Ventures, Bino has established an accelerator for young Israeli entrepreneurs to build out their businesses in the hear of New York’s burgeoning…
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Apr 28, 7:46PM
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To boost its commerce ads and sell more of them, Twitter announced some big moves as part of today’s earnings. It’s acquired commerce ads tech firm TellApart, which was formerly a big Facebook ad partner. Twitter will also now allow its ads to be bought through DoubleClick’s bid manager to help advertisers centralize their buying. While today Twitter managed to exceed…
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Apr 28, 7:42PM
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Twitter was supposed to be releasing its earning results after market close this afternoon, but financial intelligence firm Selerity published the numbers early. Where oh where could they have gotten that information? It appeared at first to be a leak, but as Selerity pointed out, the earnings release was already live on Twitter’s investor relations site. (We’re not totally clear…
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Apr 28, 7:40PM
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Cablevision today announced it would begin offering the Hulu Plus subscription service to its broadband customers, making it the first time Hulu has ever established a deal with a traditional pay TV provider to resell its streaming service. The move comes shortly after Cablevision also became the first pay TV provider to sell access to HBO NOW, the network’s new, over-the-top service…
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