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Worst Year For Tech IPOs Since 2009
Dec 11, 10:54PM
With just 28 technology companies entering the U.S. public markets, 2015 was the worst year for IPOs since 2009, according to Dealogic. This compares to 62 last year and 48 the year before, with 131 “unicorns” opting to remain private longer. “We haven’t seen so few tech IPOs since the 2008-09 U.S. financial crisis,” notes Kathleen Smith, principal at IPO ETF… Read MoreArtificial Intelligence Non-profit OpenAI Launches With Backing From Elon Musk And Sam Altman
Dec 11, 10:13PM
Today, OpenAI, a non-profit artificial intelligence research company was announced to the world. Its director is a research scientist at Google, Ilya Sutskever. This comes a day after Facebook open-sourced its AI hardware. Its reason for existing was explained in an introductory post: Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole… Read MoreThe Chan Zuckerberg Initiative's Chief Of Staff Reveals Plan For Big-Bet Philanthropy
Dec 11, 10:06PM
Priscilla and Mark’s philanthropic foundation will be structured similarly to Facebook’s acquisitions. The couple will entrust expert leaders to pursue pioneering solutions to huge problems without much micromanagement. The goal is to use the flexibility afforded by organizing the Chan-Zuckerberg fortune as an LLC rather than a non-profit to experiment in search of impact with agility. Read More13 TechCrunch Stories You Don't Want To Miss This Week
Dec 11, 9:34PM
The TechCrunch crew is back from Disrupt London with exciting news to report and a few new companies for you to meet. Jukedeck, an AI startup that writes music for your videos, took home the Disrupt Cup and the £30,000 grand prize. The winner of the Disrupt London Hackathon was FreeMe, a hack built to give women in distress the ability to push a help button in feminine hygiene dispensers… Read MoreThe Erosion Of "Same Round, Same Price"
Dec 11, 9:00PM
It seems most founders believe investors asking for “extras” on the side are simply greedy and short-sighted. While it’s easy to criticize investors, I believe this behavior is driven in large part as a response to conditions founders have created in early stage investing. I believe two trends, when taken together, have eroded the “one round, one price” standard. Read MoreYouTube Gaming For Android Gets A "Cardboard Mode" For More Immersive Viewing
Dec 11, 7:35PM
YouTube Gaming, Google’s answer to Twitch, is trying to stay ahead of the curve by adding new functionality quickly. One such feature is only available for Android right now, and it’s a “Cardboard Mode” that allows you to watch any video with a theater-type big-screen setting feel. Read MorePostmates Digs Into Commerce With Curated '12 Days Of Postmates' Campaign
Dec 11, 7:33PM
Postmates, the on-demand delivery startup that has dug nationwide trenches in the food delivery space, has today unveiled the ’12 Days of Postmates’ campaign. The promotion will let users in five cities (New York, Los Angeles, San Francisco, Chicago and Seattle) order specially curated products from more than 30 brands for $1.99. The company promises one-hour delivery on all the… Read MoreGet A Free Star Wars Edition Google Cardboard
Dec 11, 6:37PM
The Star Wars: Force Awakens train is a rollin’ and Google has gotten involved in a few different ways. One was by offering a special edition Google Cardboard in four Star Wars limited edition themes in Verizon stores on December 2nd. They were handed out to Verizon customers for free, but I was told that a lot of stores ran out. Welp. If you want one, you can still get one. For free.… Read MoreDuet Display Can Now Turn An iPad Pro Into A Second Display
Dec 11, 6:36PM
If you use a dual monitor setup at home, chances are you feel a bit constrained when you’re on a trip with your laptop. I’ve been traveling lately for Disrupt London, and Duet Display has been one of my most useful productivity tools. It’s an app that turns any iPad into a second display. Read MoreUber's New Drivers Agreement Could Undermine Judge's Ruling In Class Action Lawsuit
Dec 11, 6:36PM
Uber has thrown a curveball by revising the arbitration clause in its latest driver agreement, whichShannon Liss-Riordan, the lead plaintiffs’ attorney, says is an attempt to challenge Judge Edward Chen’s recent court ruling that effectively allows the vast majority of Uber’s 160,000 drivers in California to join the class-action lawsuit,” BuzzFeed reports. Now… Read MoreJudge Orders DraftKings And FanDuel To Cease Operations In New York (UPDATED)
Dec 11, 6:21PM
Update: Well that didn’t last long. After the decision, DraftKings filed notice of appeal and an expediated motion to stay the decision, which was approved by a New York judge. The site won’t have to cease operations in New York today, and Daily Fantasy Sports survives another day in New York. Here’s the full statement from DraftKings: “We are disappointed with the… Read MoreMicrosoft Partially Takes Back Changes To OneDrive's Storage Caps
Dec 11, 6:20PM
Microsoft announced changes today to OneDrive’s storage limits, partially undoing unpopular amendments it detailed this November. The new rules include refunds for unhappy customers, more storage for select free users, and in some cases, a free, one-year subscription to Office 365 Personal. Read MoreWalmart.com Begins Selling The Apple Watch
Dec 11, 5:45PM
Walmart has now become the latest large retailer to carry the Apple Watch. The company’s U.S. website has begun selling the Apple Watch Sport and various accessories, including the Sport Band and a magnetic charging cable. Currently, only the 38mm and 42mm Sport models are available in either Silver or Space Gray, for $349-$399. While the retailer is not yet stocking the Apple Watch on… Read MoreAnonymous Goes After Donald Trump
Dec 11, 4:31PM
Hacker collective Anonymous seems to be targeting Republican presidential candidate Donald Trump after the real estate tycoon called for a ban on all Muslims entering the United States. One of the Twitter accounts for the hacker group said that it briefly took down http://www.trumptowernyc.com earlier, and the group has also seemingly posted a YouTube video warning Trump. Read MoreApple Pushes Users To Upgrade Their iPhones Via Pop-Up Ads In The App Store
Dec 11, 4:08PM
Likely in hopes of boosting its holiday sales, Apple has surprised a number of iPhone owners by displaying unsolicited pop-up ads within the App Store application that promote the iPhone 6s. The ads are full-screen interstitials, and appear on iPhones that are older than the iPhone 6, according to reports. The ad’s text, meanwhile, reads “iPhone 6s Ridiculously… Read MoreFintech's Five Emerging Powerhouse Markets Are At A Crossroads
Dec 11, 4:00PM
Accenture has warned local banking communities in Asia to wake up: It took just nine months for investment in the region’s non-banking fintechs to quadruple from 2014’s $880 million to $3.5 billion. While in developed markets, fintech disrupts financial models by exploiting service gaps between provider and consumer, in emerging markets, fintech is on its way to becoming the… Read MoreHow Pikazo Turns Your Photos Into Magic
Dec 11, 3:38PM
The latest photo app to grab the world by the eyeballs is called Pikazo. Created by a programmer and an artist, the app “simulates a visual cortex” and takes 10 minutes to change a normal picture into something out of the Tate Modern. Here is how it works. Read MoreFirst Draft Makes You Feel Like A Potentially Non-Drunk Hemingway
Dec 11, 3:21PM
Writing is hard. To do it I usually have to prepare myself with vigorous stretches, vocal exercises, and a robust bowel movement. Every. Single. Day. But what tools do I use to write? Tools like First Draft. First Draft comes from Ben Watanabe and Dave Smith and their software house, 96 Problems. Watanabe and Smith both live in Japan and have worked in VC and M&A. Their house is focused… Read MoreMezi Is An Intelligent Virtual Assistant That's Obsessed With Shopping
Dec 11, 2:00PM
There is an increasingly large roster of personal assistant apps that use artificial intelligence in an attempt to make users’ lives easier. Mezi is the newest contender and while it has plenty of competition, the service wants to set itself apart with what its founders call a “maniacal” focus on e-commerce, helping users with the most time-consuming shopping errands. Read MoreEnki Launches Snackable Mobile Learning App For Developers
Dec 11, 12:52PM
So-called ‘professional learning’ has come a long way since the days of the densest of textbooks. It eventually gravitated towards online courses and we’ve seen businesses arise to take enormous advantage of this trend. Some figures suggest that north of $500B is spent on improving employees globally (this covers books, video, Twitter, blogs, you name it). Products like… 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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