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May 12, 12:38PM
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Apple’s next iPhone (likely the ‘iPhone 6s’ if it keeps with recent naming conventions) could come in a luxury rose gold finish, according to KGI Securities analyst Ming-Chi Kuo (via AppleInsider). The analyst, who has a good track record of calling Apple product plans ahead of their official announcement, shared info about the rose gold option in a research note today, and…
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May 12, 12:00PM
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The cyber breaches and system hacks affecting Target, Home Depot, Neiman Marcus and other large retailers over the past two years have resulted in billions of dollars of credit card fraud. This growing epidemic has led to increased calls for a more robust credit card security system.
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May 12, 11:09AM
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So this just happened. AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying the company for $4.4 billion, or $50 per share. We’ve just been sent an internal memo about the deal that we are embedding below. AOL will become a subsidiary of Verizon as part of the deal, overseeing a bigger push into content and mobile video by…
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May 12, 10:32AM
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Back in summer 2013 shiny new European hardware accelerator, Startupbootcamp HighTechXL, began the search for its first cohort of startups. The 11 teams in its second edition raised a total of $6.3 million on Demo Day and directly afterwards, it said today.
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May 12, 8:33AM
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SoftBank, the Japanese telecom giant that is also one of Asia’s most prolific startup investors, has named Google’s former chief business officer, Nikesh Arora, as its new president and potential future chief executive officer.
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May 12, 8:15AM
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Rocket Internet, the German ‘startup factory’ and e-commerce behemoth, is de-cloaking its latest venture today. Founded by two ex-McKinsey management consultants, Peter Baumgart and Maximilian Vollenbroich, Carspring is a marketplace for pre-owned cars.
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May 12, 7:14AM
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Aliyun, the cloud computing arm of Alibaba, announced today that it has signed a joint-venture agreement with Dubai-based holding company Meraas to bring it services to companies and government organizations in the Middle East and North Africa.
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May 12, 6:10AM
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I’m not sure about you, but most of my friends in real life — aka people I didn’t meet through the internet or work — don’t actually use Twitter. It makes sense, therefore, that Periscope — the super-shiny-new-fangled-live-streaming-service that Twitter bought and is pushing hard right now, has decoupled from its parent and can now be used by those who do…
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May 12, 5:43AM
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After nearly three years delivering anything you want on-demand (in the greater New York City area), WunWun is shuttering. As part of the close, Alfred is purchasing assets, including key WunWun technology and parts of the WunWun team.
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May 12, 4:47AM
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Uber is synonymous with its cashless payment experience, but that’s about to change. At least in India, initially.
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May 11, 11:36PM
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Key officials at the FTC aren’t mincing words in a new post defending the right of manufacturers to sell directly to consumers: Part of the U.S. regulatory trade organization’s executive team detailed its wider position following the publication of a letter of comment specific to new legislation in Michigan that would ease that state’s blanket ban on manufacturer-direct…
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May 11, 10:52PM
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Following previous gestures of support, a grip of technology trade groups representing the industry’s largest players signed and released a letter expressing support for the House’s USA FREEDOM Act, a bill that would curtail the government’s bulk surveillance programs.
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May 11, 10:09PM
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NerdWallet, the six-year-old company launched with $800 by company co-founder and chief executive, Tim Chen, has raised $64 million in its first round of outside financing.
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May 11, 10:02PM
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After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company’s guidance for its current quarter failed to match expectations, clouding investor sentiment about Rackspace’s future growth.
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May 11, 10:00PM
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Mosaic Manufacturing made waves a few weeks ago with the launch of the Palette, a system for printing multi-colored 3D objects. We were lucky enough to hang out with the team in Montreal where they showed us their device in the flesh, proving that they probably have one of the most compelling color printing add-ons in the market.
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May 11, 9:58PM
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SherpaVentures, the venture fund run by Shervin Pishevar and Scott Stanford, is raising a new $175 million fund, according to a filing with the SEC. This is the second fund from SherpaVentures for investing in startups at the Series A or Series B stage, and it is just a bit more than the $150 million it raised in Fund I. In addition to these main funds, Pishevar and Stanford have a $250…
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May 11, 9:30PM
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ScaleFT, a new DevOps startup founded by a number of former Rackspace executives and engineers, today announced that it has raised an $800,000 seed round with a strategic investment by Rackspace and participation from a number of angel investors, including CoreOS CEO Alex Polvi (who himself previously worked at Rackspace).
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May 11, 8:45PM
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Thanks to the JOBS Act, the world of equity crowdfunding is blowing wide open. FlashFunders, an equity crowdfunding platform, is announcing a new program that automates the process for entrepreneurs, making it entirely free to raise or invest in a seed round.
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May 11, 7:41PM
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Sen. Rand Paul (R-KY) has appointed Overstock.com CEO Patrick Bryne to his tech counsel, a group that includes Michele Weslander Quaid of Google, and Brandon Hudgeons of Schoox and will help shape the presidential candidate’s tech platform.
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May 11, 7:19PM
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If you’re looking to meet new people but don’t want to explicitly commit to it being a date, as on Tinder, a new app called Wiith wants to help. The social app aims to connect nearby people who share the same interests and have them join up for local activities and events – like a more informal version of Meetup, perhaps. The idea that the younger, mobile generation…
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