Friday, July 10, 2015

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The Secondary Markets Are Becoming the Wild West Again

Jul 10, 3:35PM

159627088_a05470f092_b The resurgence of unfettered secondary markets is a concern for both private companies and shareholders. Read More



Y Combinator's Big Future

Jul 10, 3:17PM

Y_Combinator_Logo_400 There’s been a lot of talk in venture circles lately about “signaling risk” and seed-stage investments. The gist: When earlier backers are high-profile venture firms, and these firms decide not to participate in a startup’s next round, it hurts the company’s ability to raise a Series A round. Although this concern isn’t exactly new, recent numbers… Read More



Laundrapp Acquires Washbox As Competition In The U.K. On-Demand Laundry Space Shrinks

Jul 10, 3:06PM

KHP-PRINT_02 Laundrapp, one of a plethora of on-demand laundry startups targeting London and other cities in the U.K., has acquired rival Washbox. Read More



Microsoft Says Power BI Will Come Out Of Preview On July 24, Open Sources Visualization Stack

Jul 10, 3:00PM

Homepage_metal_large_2 Microsoft today announced that Power BI, the company’s cloud-hosted self-service business intelligence service, will hit general availability on July 24. Power BI originally launched as part of Office 365 back in July 2013. Since then, the company has completely revamped the service and the new version has been in preview for quite a while now. Now, Microsoft is taking both Power BI and… Read More



Vortex Is A Toy Robot That Teaches Kids How To Code

Jul 10, 2:34PM

Image 2 DFRobot, a company that has been building robots for the education market since 2008, this week introduced its first attempt at making a robot accessible to all children, with the debut of Vortex – an interactive, programmable robot aimed at kids 6 and up. The Vortex robot pairs with iOS and Android smartphones or tablets over Bluetooth, and lets kids control its movement by tapping… Read More



Bitcoin Miner BitFury Secures $20M To Bolster Its Blockchain Infrastructure

Jul 10, 2:08PM

In another sign that the Bitcoin and the Blockchain are becoming a platform for the long term, BitFury, the Bitcoin Blockchain infrastructure provider and transaction processing company, has secured $20 million in funding from investors including DRW Venture Capital, iTech Capital and the Georgian Co-Investment Fund. Among other things, Bitfury offers the HexFury, a USB mining rig with six… Read More



Foundry Group Is Providing Free Housing To Techstars' Detroit Program

Jul 10, 1:39PM

IMG_2914 Startups participating in Techstars Mobility have a new option for housing: Foundry Group purchased a lovely house in the Cass Corridor neighborhood. Believe it or not, there’s actually a real estate crunch in downtown Detroit. Sure, houses are a dime a dozen in Detroit, but it’s tough finding a nice house in a nice neighborhood with like-minded people. And this house is free for… Read More



The Secret Language Of Line Stickers

Jul 10, 1:26PM

line stickers Throughout history, every form of communication has developed its own shorthand. Northern Renaissance paintings were rich in symbolism; even the most mundane detail, like a vase, was a rich allegory. Victorians folded the corners of their calling cards to express sentiments ranging from congratulations to condolences. Wireless telegraphists developed a system of coded slang to save their… Read More



Pompous Apple Is Pompous

Jul 10, 1:14PM

Droplr iPhone Apple’s latest iPhone ad is a bit smug. Even for Apple. As you can see above, the ad takes the fight directly to Android phones by reminding that Apple makes both the iPhone hardware and software — something very few phone makers can say. Read More



Greece-Based Startup Pollfish Scores $2.5M For Mobile Survey Platform

Jul 10, 12:40PM

Pollfish Athens, Greece-based mobile survey platform Pollfish has closed a Series A funding round of $2.5 million. The round was led by Odyssey Investment Partners, PJ Catalyst, Woodside Group and several unnamed angel investors. It brings total funding to $2.8 million since the company was founded in n 2013. Pollfish says the new capital will be used for continued U.S. expansion. Read More



Sources: Peter Thiel Is Investing In Kreditech's $100M Series C Round

Jul 10, 12:12PM

international money While Greece and its creditors continue to play a game of chicken, a startup out of Germany putting a big data spin on the business of loaning money is raising a large round of funding. TechCrunch has learned that Kreditech, an online finance startup that loans money to consumers who have little or no credit rating, is raising around $110 million in a Series C round of funding. One… Read More



Microsoft Announces Public Preview Of Azure Data Catalog

Jul 10, 12:06PM

Microsoft Azure Data Catalog interface. In a blog post published this morning, Microsoft’s Joseph Sirosh, corporate vice president at Microsoft, who is in charge of Azure ML, announced the public preview of the Azure Data Catalog, an in-house tool to facilitate discovery of a company’s data sources. Azure ML is Microsoft’s machine learning platform, which was launched last February. As companies create various… Read More



Chinese Airbnb Rival Xiaozhu Closes $60M Series C Round

Jul 10, 11:30AM

Screenshot 2015-07-10 18.12.19 Is there something in the water for peer-to-peer rental websites right now? Fresh from U.S. juggernaut Airbnb raising $1.5 billion and China’s Tujia taking in $250 million last month, Xiaozhu — another Chinese Airbnb equivalent — announced a lesser-but-not-insignificant $60 million Series C round at a $300 million-plus valuation. Read More



Spain's Geeksphone Exits Smartphones

Jul 10, 10:54AM

Geeksphone Revolution Muere la revolución. Spanish smartphone maker Geeksphone has confirmed it’s stepping out of the mobile making game almost six years after founding a startup business to build handsets for an enthusiast community of geeks looking for something a little different to mainstream smartphones. Read More



General Partner Peter Read Leaves Google Ventures In Europe

Jul 10, 10:35AM

google ventures eu-1-2 TechCrunch has learned that one member of Google Ventures’ European team has left the VC firm. As of last week, Peter Read is no longer a General Partner. Read More



China Tightens Its Control Of The Internet With Draft Cybersecurity Law

Jul 10, 8:38AM

China Internet Shutterstock China’s government is tightening its grip on the internet in the country after it released a new draft cybersecurity law this week. Read More



Microsoft Shows The Augmented Future Of HoloLens

Jul 10, 8:03AM

Screen Shot 2015-07-10 at 10.02.02 AM Microsoft has posted a bit of CG describing what it will feel like to use the HoloLens, their augmented reality helmet, in real life. The resulting video, shot at Case Western Reserve University, shows doctors examining bodies as they float in midair, creating a new way to teach anatomy. The resulting interaction – pinching to hide images, swiping through musculature – is… Read More



Likes Aren't Enough. Now Facebook Pages Need You To Add Them To "See First"

Jul 10, 1:24AM

Facebook See First Facebook told businesses to buy Page Likes for years, saying that’s how they could reach people through the News Feed. But over time, a natural increase in competition for space in the feed plus increased restrictions on promotional and marketing posts have eroded the reach of Pages, and subsequently some of the value of Page Likes. Now Facebook has created an echelon above Likes. A new… Read More



Splunk Buys Security Startup Caspida For $190M

Jul 10, 12:36AM

Hacker in hoodie working on PC over background of zeros and ones. Splunk announced this evening it had purchase Caspida, a Palo Alto startup that uses machine learning techniques to help identify cyber-secruity threats from inside and outside the company, for $190 million. The deal has already closed, the company reported. Splunk helps companies deal with the onslaught of machine data coming from IT systems using data science techniques and automation to… Read More



GoFundMe Learns The Taylor Swift Principle

Jul 10, 12:09AM

18308078881_d9cd3b123d_k Once in a while (a lot, actually), part-time Apple blogger and musician Taylor Swift likes to give to a charitable cause. She likes hanging out with kids who are in the hospital, too. She likes disrupting technology the most. Swift’s most recent disruptive move was a donation made to a little girl named Naomi, who is kicking the crap out of cancer. It was for $50k, to help with some… Read More




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