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Chinese E-Commerce Giant JD Leads $70M Round In Online Produce Retailer FruitDay
May 25, 8:36AM
Chinese e-commerce site and Alibaba rival JD.com is putting its money into fresh fruit and vegetables after it led a $70 million Series C round in FruitDay, a company that sells fresh produce. Read More
Expedia Sells Majority Stake In Chinese Partner eLong For $671 Million
May 25, 7:24AM
It’s been a pretty busy and expensive 2015 so far for Expedia — which forked out $280 million to buy Travelcity in February, before shelling out $1.6 billion for Orbitz a week later — but the travel giant is divesting one major asset after it sold its majority stake in eLong, its loss-making partner in China, for $671 million. Read More
How Sony Or Microsoft Could Use Subscription To Win Video Games
May 25, 6:30AM
The next stage in the console business seems to be one of updating the business model toward one that provides much more value to players. Which of the major platforms will take that step? Read More
The Shift In Assets
May 25, 2:00AM
Asset prices are more sensitive to very low interest rates than most suspect. Global interest rates are now at historic lows. Conversely we are seeing record prices for asset prices be they share prices of listed companies, privately held Internet startups, art, collectible cars or real estate. Read More
Lessons In Growing Revenue From Twitter's Latest Acquisition, TellApart
May 24, 9:00PM
On the heels of its acquisition by Twitter, TellApart chief executive Josh McFarland tells Greylock Partners how he grew the company from $7M to $100M in revenue. Read More
What If Facebook Actually Paid People For Content?
May 24, 7:21PM
I know this sounds crazy, but what if authors and artists didn’t just pump their work into Facebook for free? Yeah, it built the pipes, but that doesn’t mean the water’s not worth money. The content keeps people coming back to Facebook’s News Feed, which is filled with expertly targeted ads. Right now, all creators get in return is referral traffic. For some content… Read More
Lockstep Salaries Are Making A Comeback
May 24, 5:05PM
With the closing of the Mad Men era, what is old is popular once again. Silicon Valley may be known for its colorful workplaces and free catered lunches, but its true innovation in compensation was exchanging the rigid tenure-based salary systems of East Coast professional firms for the meritocracy of the pure labor market. Everyone must discover their own competitive wage and equity level in… Read More
An Aging Instagram Tries To Win Us Back With Email "Highlights"
May 24, 3:50PM
Four and a half years is a lot of pretty pictures. Instagram isn’t as young as it used to be, and it doesn’t want long-time users to slip away from its app. Luckily, it can still email them. Email isn’t dead, no matter how much we wish it was. High open-rates mean it still matters. Twitter bought a whole startup to power re-engagement emails touting the best tweets you… Read More
GoCardless Founder Tom Blomfield's New Startup Is A "Full Stack" Mobile-First Bank
May 24, 3:29PM
We already knew that GoCardless co-founder Tom Blomfield was working on a new U.K. banking startup, but now, thanks in part to a noisy series of Tweets from investors, developers and the company’s own Twitter account, more details have emerged. Read More
Who Will Be Hurt Most When The Tech Bubble Burst? Not VCs
May 24, 2:00PM
Do we have a ticking time bomb on hand? The debate over whether Silicon Valley is sitting on another tech bubble rages on. It is being fueled by many celebrated “unicorns” that have attracted billions of investor dollars at sky-high valuations without demonstrating the returns. Read More
Positioning The Next Generation Of Women To Succeed In Silicon Valley
May 24, 11:00AM
Over the past few months there’s been a lot of discussion about whether women are positioned for success in Silicon Valley. The debate on empowering women in tech ranges from pay equality to increasing the number of women in the boardroom. Still, it’s encouraging to see many women who are driving their own success and supporting each other. There are a lot of positive things that… Read More
365 Million Reasons Why Email Is A Solid Investment
May 24, 1:00AM
Funding events over the last five quarters have shown investors to be bullish on companies engaged in email. From analytics to infrastructure, advertising to services, and everything in between, the email ecosphere has been infused with $364.5 million in funding. The recent growth of these freshly funded companies underscores how important solid, reliable and measurable email is to startups… Read More
Brazil's $26 Billion Eyewear Industry Moves Online With Lema21 And EÓtica Merger
May 23, 10:16PM
The late April merger of, Lema21, an innovative private label startup, and eÓtica, an ecommerce site for prescription eyewear and contacts, is proof that Brazil’s investors are taking a long view toward startup development and not just interested in stamping out their competition. Read More
A Food Bubble? Not So Fast
May 23, 9:00PM
Is there a “Food Bubble”? Robyn Metcalfe believes so. In her recent TechCrunch editorial she pointed to recent fundraises by Instacart and Delivroo—reportedly demanding valuations of $2 billion and $100 million on revenues of ~$100 million and $1 million, respectively—as evidence that the kind of irrational exuberance so often found in tech is seeping into food investmen Read More
Miito Deconstructs The Kettle To Save Energy
May 23, 7:00PM
Europeans love little better than a nice cup of tea. Which means an awful lot of water is being boiled daily — only a portion of which is actually necessary, given most people aren’t fastidious enough to boil only the quantity of liquid they actually need to fill their cup or teapot. Read More
To-Do List: Apply For The TC Pitch-Offs In Austin And Seattle!
May 23, 6:30PM
It’s shaping up to be one amazing summer, and the week we’re most excited about here at TechCrunch is the week we hit up the wonderful cities of Austin and Seattle, on June 23 and June 25 respectively. We’ll be hosting the world-renowned TC Pitch-Off in both cities, selecting around ten startups to pitch their products in sixty seconds or less to a panel of local VCs and… Read More
The Enterprise Transformation Conundrum
May 23, 5:45PM
The problem is it’s not an easy undertaking to change the way a large organization operates. Real initiative gets bogged down in politics, hierarchical thinking and institutional inertia. Change requires more than inspiration. It takes hard work — and often the skill of a used car salesman to sell your idea to a reluctant C suite. Some companies have forward-looking leaders who… Read More
Meat This New Tinder User
May 23, 5:15PM
Before we get too far into this, I want to be fully transparent and disclose up-front that this is weird and mostly irrelevant. Inexplicably, Vimeo user Marcello Gómez Maureira has created a video that shows a piece of meat power-right-swiping through Tinder. The title of the film? “Tender: It’s how people meat.” So, naturally, I love Marcello and this video. A few fun… Read More
Gillmor Gang: Dave's Not Here
May 23, 5:10PM
The Gillmor Gang — Robert Scoble, John Borthwick, Kevin Marks, and Steve Gillmor. Recorded live Friday, May 22, 2015. Medium restructures, or does it. Details in Liner Notes and Chat.Center. Plus, the latest G3 (below) with Halley Suit Tucker, Mary Hodder, Kristie Wells, Francine Hardaway, and Tina Gillmor. @stevegillmor, @scobleizer, @borthwick, @kevinmarks Read More
Algocracy
May 23, 5:03PM
Every day throughout the United States, there are thousands of patients waiting for a compatible organ. Supply never meets demand, a function of our voluntary system of organ donation as well as the consistent ban on paid organs. Some patients may get lucky and get an organ just in time, while others never do. Luck, though, is only a small part of the probability of receiving an organ. UNOS,… Read More
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