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YC-Backed ShipBob Raises $1M To Help Small Businesses Deliver Orders On Time
Apr 29, 11:30AM
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. Read More
IBM Researchers Can Now Spot Errors In Quantum Calculations
Apr 29, 9:00AM
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.’ Read More
Enterprise Software Startup Icertis Raises $6M From Greycroft And Fidelity Growth
Apr 29, 7:39AM
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. Read More
Bigcommerce Acquires Checkout And Inventory Software Startup Zing
Apr 29, 7:07AM
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. Read More
Samsung's Q1 Profit Drops 39% Due To Heavier Smartphone Competition
Apr 29, 4:12AM
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. Read More
Digital Democracy Or 21st-Century Electioneering
Apr 29, 1:00AM
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… Read More
Uber Is Quietly Testing A Massive Merchant Delivery Program
Apr 29, 12:03AM
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. Read More
Coinbase Expands To The United Kingdom With Wallet, Exchange
Apr 28, 11:00PM
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. Read More
Periscope Saw Over 1 Million Sign-Ins During Its First 10 Days
Apr 28, 9:14PM
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… Read More
GoPro Drops 4% After Reporting Better Than Expected Q1 Profit And Revenue
Apr 28, 9:02PM
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… Read More
Sneaky Questions Early-Stage VCs Ask Founders
Apr 28, 9:00PM
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,… Read More
Star Wars X-Wing And TIE Fighter Games Come To Steam
Apr 28, 8:51PM
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. Read More
Twitter Collapses 18% In Wake Of Lackluster Q1 Revenue, User Growth
Apr 28, 8:33PM
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… Read More
SolarWinds Acquires Log Management Service Papertrail For $41M In Cash
Apr 28, 8:10PM
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. Read More
Let's Impair That Goodwill
Apr 28, 8:06PM
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. Read More
The Facebook Effect (On Real Estate Prices)
Apr 28, 8:04PM
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… Read More
ICONYC Labs Builds A Bridge Between Israeli Tech And NYC's Startup Scene
Apr 28, 7:48PM
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… Read More
Twitter Improves Ads By Acquiring TellApart, Selling Them Through Google's DoubleClick
Apr 28, 7:46PM
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… Read More
Falling TWTR Temporarily Halted After Results Published Early — On Twitter
Apr 28, 7:42PM
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… Read More
Cablevision Becomes First Pay TV Provider To Resell Hulu's Service
Apr 28, 7:40PM
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… Read More
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