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Tesla Will Raise $500M In A Public Offering With Participation From Musk
Aug 13, 5:28PM
In a prospectus filed today by the company, Tesla announced the intention to sell up to 2,100,000 shares of common stock. Underwriters will also receive a 30-day option to purchase up to 315,000 additional shares. Using yesterday’s closing price of $283.17 per share, the company expects net proceeds from the offering to be around $492.6 million, or $566.5 million if the underwriters… Read MoreGroup Commerce Startup Massdrop Raises $40M
Aug 13, 4:02PM
Massdrop is announcing that it has raised $40 million in Series B funding. The company focuses on what it calls “community-driven commerce.” It allows people who are interested in things like high-quality audio, men’s fashion and quilting (yes, those are all actual Massdrop communities) to connect with other enthusiasts, discuss products, make purchases with group discounts… Read MoreTinder Cofounder Sean Rad Back In As CEO
Aug 13, 3:58PM
Last night it was revealed that Sean Rad, cofounder and President of Tinder, would return to the CEO position he once held and, in March, handed over to Ebay exec Chris Payne. In a press release, one of Tinder’s board directors and Benchmark partner Matt Cohler explained that “there was a mutual agreement here that it was not the right long-term fit,” speaking about… Read MoreThe Galaxy S6 Edge+ Is Samsung's Answer To The iPhone 6 Plus
Aug 13, 3:34PM
Today at a big press conference, Samsung announced two new flagship phones, the Samsung Galaxy Note 5, and its new sibling, the Samsung Galaxy S6 Edge+. While a Note update was highly anticipated, the S6 Edge+ is a new beast. And the best way to describe it is that its a direct iPhone 6 Plus competitor. Read MoreBoku Acquires Mobileview Italia In Further Carrier Billing Consolidation
Aug 13, 3:00PM
Boku, the U.S.-based company that enables consumers to pay for goods via their phone bill or phone credit, has made another land grab in Europe with the acquisition of Italy’s Mobileview Italia from parent company dtms. Terms of the deal remain undisclosed. Read MoreSamsung Touts Video Chops With Two More Big Screen Phones
Aug 13, 3:00PM
As expected (and amply leaked), Samsung has today whipped back the curtain on a pair of new flagship smartphones, announcing two new phablets: the Galaxy Note 5 and the Galaxy S6 Edge+ at press events in New York and London. The focus for Samsung here is bigger handsets that can do more with multimedia content, letting the user make use of additional screen real-estate for video editing or… Read MoreSamsung Launches Samsung Pay In The U.S.
Aug 13, 3:00PM
Today at Samsung’s Unpacked 2015 event, the company announced that its mobile payment feature, Samsung Pay, is launching in the U.S. in September. In many ways, Samsung Pay works like Apple Pay. It lets seamlessly pay with your phone, and it should be very easy for merchants to add Samsung Pay support. Read MoreSimply Framed, The Online Custom Frame Shop, Expands Collection
Aug 13, 2:40PM
Simply Framed, the online shop that helps you get any artwork custom framed, is today announcing a host of new features to simplify the process. The company launched back in 2014 in collaboration with an established framing shop based in Miami to offer affordable custom framing to anyone with internet access and the ability to ship packages through the mail. With the updated version of the… Read MoreWatch Samsung's Galaxy Note Press Event Live Right Here
Aug 13, 2:37PM
Samsung is holding a big press conference in New York at 11 AM EDT (8 AM PDT, 4 PM BST). The company is expected to announce two new flagship phones — the Samsung Galaxy Note 5 and the Samsung S6 Edge Plus. The S6 Edge Plus is a newcomer in Samsung’s lineup. As the name suggests, we are anticipating a phablet with a curved display on the edges. Read MoreStride Health Expands Nationwide, Introduces Prescription Discounts For Freelancers
Aug 13, 2:30PM
Stride Health, a startup that aims to be the HR team for all independent working Americans, is introducing two new features today to help freelancers better manage their health insurance. Launched in March of last year in California, Stride expanded to six states in November, including New York, Texas and Illinois. Today, the service is available in an additional 17 states, and Stride… Read MoreFleksy Adds Deep-Linking To Its Keyboard App, Opening New Revenue Opportunities
Aug 13, 2:09PM
Fleksy, the popular third-party keyboard app for iOS and Android, has taken the next step to monetizing its service after it began enabling deep-linking to other apps. Read MoreUnited Airlines Brings Highly Detailed In-Airport Maps To Its iOS App
Aug 13, 1:00PM
No matter how advanced phone mapping technologies have become, stepping into an airport takes you back several decades into the era of physical maps. With no other way for unseasoned travels to get around besides large map kiosks, airport navigation has long been due for an upgrade. As a part of its new, updated app launching later today, United Airlines is integrating intelligent indoor… Read MoreHTC Cuts 15% Of Its Workforce As It Bids To Return To Profitability
Aug 13, 12:57PM
HTC said last week that it would be cutting costs “significantly,” and today the struggling Android phone maker revealed that will make 15 percent of its staff made redundant as part of that strategy. That’ll mean around 2,250 employees lose their jobs. Read MoreWho What Wear Closes $8 Million Series B From Amazon, Others
Aug 13, 12:02PM
Who What Wear, the shoppable fashion site with 3.8 million uniques, has today announced the close of an $8 million Series B round with participation from Amazon and Bertelsmann Digital Media Investments. Existing investors, such as Greycroft, Lerer Hippeau Ventures, Advancit Capital, Mesa Ventures, and Double M Partners, also participated in the round. Who What Wear was started in 2006 by… Read MoreDigitalGlobe Partners With Mapbox To Launch Its Maps API
Aug 13, 12:00PM
DigitalGlobe, the publicly traded, high-res imagery service that owns its own fleet of satellites, has long been known as a purveyor of fine satellite imagery to governments and large companies like Google and Nokia. While these companies then often made DigitalGlobe’s imagery available through their own developer programs, DigitalGlobe itself never focused on making its data available… Read MoreSalesforce Adds E-Commerce To Its Community Cloud
Aug 13, 12:00PM
Customers of Salesforce’s Community Cloud will soon be able to add their own buy buttons. The Community Cloud allows businesses to build sites where customers can interact with the company and with each other. By introducing the ability to make purchases directly from those communities, Mike Stone, the senior vice president of marketing for Salesforce Community Cloud, said the company… Read MoreSmart Glass Maker View Raises $150M
Aug 13, 11:30AM
View, a company which specializes in creating something called dynamic glass, raised a ton of new capital Thursday to fund their specialized windows that can change tint in response to weather conditions or smartphone commands. The company announced a raise of $150 million in funding Thursday. Those participating in the round included NZ Super Fund, Corning Incorporated, Madrone… Read MoreApple Is Looking At Facial Recognition For Easing Photo-Sharing
Aug 13, 11:20AM
Perhaps taking a leaf out of Facebook’s playbook, Apple is looking at ways to automatically share photographs with the people being snapped, according to a new patent filing. Read MoreXiaomi Trolls Samsung With Redmi Note 2 Launch
Aug 13, 8:40AM
Chinese mobile making upstart Xiaomi is gunning to steal Samsung’s thunder by launching a pair of phablet smartphones on the same day Samsung is due to unbox phablet-sized updates to its Galaxy Note and Galaxy S6 Edge devices. Read MoreBigBasket, One Of India's Largest Online Grocers, Raises $50M
Aug 13, 7:50AM
BigBasket.com, one of the biggest online grocery stores in India, is planning to expand into more cities after raising $50 million in new funding led by Bessemer Venture. Founded in 2011, the company is facing competition from upstarts like ZopNow, PepperTap, and Grofers, as well as a host of other hyperlocal services that promise on-demand delivery from neighborhood stores Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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