Wednesday, January 20, 2016

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Gawker Is Raising Money To Fund Its Legal Battle With Hulk Hogan

Jan 20, 12:45AM

Nick Denton etc. Gawker Media is raising outside funding, and for a specific purpose — it says it’s getting ready for its legal battle with Hulk Hogan. As first reported in the International Business Times, the company has called for an “extraordinary general meeting” of shareholders on Thursday, where it will discuss changing its capital structure to accommodate new… Read More



Prepd Pack Is A Lunchbox You Won't Be Ashamed To Carry

Jan 20, 12:18AM

prepd Taking your lunch to work doesn’t need to be such a hassle. There are a ton of clear benefits to taking your lunch to work. It’s more sustainable, you are able to assess exactly what you’re putting in your body, you can save a ton of cash and most of the time it encourages you to be much healthier. Launching today on Kickstarter is the Prepd Pack, a lunchbox for those with… Read More



Digital Magazine Startup Magzter Puts The Focus On Individual Articles

Jan 20, 12:15AM

magzter With its latest update, Magzter is unveiling a more article-centric way to browse its library of digital magazines. Seems like a pretty obvious move, right? Sure, there are people who still read magazines cover to cover (says the guy whose apartment is filled with back issues of Wired and The New Yorker), but as Magzter co-founder and President Vijay Radhakrishnan put it, most of us… Read More



Microsoft Pledges To Provide Nonprofits With $1B Worth Of Its Cloud Computing Resources

Jan 19, 11:40PM

shutterstock Microsoft Microsoft CEO Satya Nadella today announced that his company will donate $1 billion in Microsoft Cloud services to nonprofits over the course of the next three years. The plan is to support a total of about 70,000 nonprofits on Microsoft’s cloud platforms like Azure, Office 365, PowerBI and CRM online through this program. Read More



Texas Attorney General Says Texans Using DraftKings Or FanDuel Are Probably Breaking The Law

Jan 19, 10:40PM

5033855605_071a16bb55_o In a situation nearly identical to what happened in Illinois a few weeks ago, Texas Attorney General Ken Paxton has responded to a request from a state representative who asked if Paxton believes Daily Fantasy Sports should be illegal under state law. Not surprisingly, Paxton said that he believes DraftKings and FanDuel both violate state law, saying that “it is prohibited gambling… Read More



Augmented Reality For Trying On Makeup Is A Booming Business

Jan 19, 10:19PM

ModiFace Gif “Sure, that looks great on a model, but how will it look on me?” Now you can find out thanks to ModiFace, an augmented reality startup that’s quietly grown to power apps for 55 of the top makeup brands like Sephora, P&G and Unilever. Read More



IBM Beats In Q4, But Sales Of $22.1B Are The 15th Straight Quarter Of Decline For Big Blue

Jan 19, 9:31PM

ibm-earnings IBM reported its Q4 earnings at the close of trading today, and while its revenues were the 15th-straight quarter of declines, Big Blue beat analyst expectations both on sales of $22.1 billion, and non-GAAP earnings per share of $4.84. Analysts were expecting EPS of $4.81 on sales of $22.04 billion. Non-GAAP net income was $4.7 billion compared with $5.8 billion in the fourth quarter of… Read More



Netflix Added 5.6 Million New Subscribers In The Fourth Quarter

Jan 19, 9:25PM

netflix-split Netflix had another big beat for its fourth-quarter earnings, and once again showed strong international growth — so much so that investors seem to be overlooking its weaker domestic growth and sending shares soaring. The company added about 4 million new subscribers internationally, and about 1.56 million subscribers domestically. That’s a big jump for the… Read More



Netflix Stock Surges After Beating Q4 Earnings And Global Growth Estimates

Jan 19, 9:19PM

netflix-earnings1 Netflix just released its fourth quarter earnings report, sending the stock up more than 8 percent (as of 4:35 p.m. Eastern) in after-hours trading. The company reported revenue of $1.82 billion, up from $1.48 billion during the same quarter last year, and earnings per share of 10 cents. Analysts had been predicting revenue of $1.83 billion and EPS of 2 cents. So that’s a very slight miss… Read More



With Google, Facebook And Nextdoor, What's Next For Lead Generation?

Jan 19, 9:00PM

leads A number of lead-generation platforms have emerged over the past few years to help local service professionals (“pros”) win more clients. The pro market is an $800 billion industry, so tech companies (big and small) are starting to take notice. As it stands today, the lead-gen options for pros — who have been a notoriously underserved part of the labor market — are… Read More



Is Bitcoin's Promise Going Up In Smoke?

Jan 19, 8:30PM

branding-bitcoin In the beginning, Bitcoin was a noble experiment. Now, it is a distraction. Read More



Adestra Raises $7.2 Million For Marketing Software

Jan 19, 8:02PM

shutterstock_229607362 UK-based Adestra has raised $7.2 million for its marketing technology, TechCrunch has learned. The new round of capital comes from the Business Growth Fund (BGF) and will be used to help Adestra expand in the U.S. Founded in 2005, Adestra bootstrapped and was able to develop a profitable business without outside capital. The team created solutions for brands, including MessageFocus, a… Read More



Google Tests "Tap 10," A Rewards Program For Android Pay Users

Jan 19, 6:14PM

nexus2cee_Screenshot_20160114-174050 Google confirmed it’s now running a limited promotion in the U.S. dubbed “Tap 10,” which is aimed at increasing usage of its Android Pay mobile payments service, a rival to Apple Pay and others. Some Android users are being gifted rewards like a free Chromecast or free songs, movies, or subscriptions on Google Play in exchange for using Android Pay at local stores. The… Read More



Join Me In Pittsburgh Next Week For Quit Yer Pitchin'

Jan 19, 6:03PM

img_0066 The folks at #spkpgh have invited me to judge a pitch-off in Pittsburgh on January 28 and I’d like to see yuns there. As a CMU grad Pittsburgh is near and dear to my heart. From the O to the Beehive (RIP) some of my formative years were spent in a stupor of coffee and fat. I want to see what you guys are up to in PGH and want to eat some Primanti Brothers, in that order. You can get… Read More



Trello Launches Developer Platform

Jan 19, 6:02PM

Trello-Zendesk A few months ago, project management tool Trello launched third-party integrations with tools like Slack, GitHub and Salesforce for its paying users. Now, it is opening this platform to more developers with the launch of its so-called “Power-Ups Platform” for developers who want to integrate their services with Trello. The company also today said it now has “12 million… Read More



Japan's ChatWork Lands $12.5M To Grow Its Business Messaging App In The U.S.

Jan 19, 6:00PM

Screenshot 2016-01-19 19.23.43 ChatWork, a Japanese company that provides a business messaging service aimed at eliminating email and helping teams to work more efficiently, has raised $12.5 million in fresh funding to grow its presence in the U.S. and other markets. Read More



Bitcoin Exchange Kraken Acquires Coinsetter To Expand To The U.S.

Jan 19, 5:57PM

office-2 According to Bitcoinity, Kraken is the largest EUR bitcoin exchange in the world with Bit-x and Gatecoin not far behind. But Kraken has one weakness — there isn’t much volume when it comes to other currencies. The company is trying to fix that by acquiring Coinsetter to expand to the U.S. and Canada — for real this time. Read More



Apply To Pitch In The TC Meetup + Pitch-Off In Boston And Atlanta

Jan 19, 5:16PM

meetupjordan TechCrunch is hitting up Boston and Atlanta in February and we’re looking for the best and brightest new startups to pitch their products on our stage. The TechCrunch Meetup + Pitch-off is an opportunity for us to hang out with startups that aren’t from Silicon Valley, and as we do every year, we’re starting with Boston and Atlanta. Ten startups will be selected to hop up… Read More



SoftTech VC Promotes Two To Partner As It Seeks Out Fresh $130M

Jan 19, 5:12PM

11194449_10155438366385234_236543284548997768_o SoftTech VC, a San Francisco-based seed-stage fund founded 11 years ago by investor Jeff Clavier, has promoted two of its senior investors to full partners, a move seemingly geared to bolster the firm as it seeks to raise a $130 million in fresh capital. According to new SEC filings, the firm is targeting $100 million for its fifth fund, as well as an additional $30 million for a Breakout… Read More



Apple's Latest EEO-1 Report Shows Slight Diversity Progress

Jan 19, 5:09PM

SAN FRANCISCO, CA - OCTOBER 22:  Apple CEO Tim Cook speaks during an Apple announcement at the Yerba Buena Center for the Arts on October 22, 2013 in San Francisco, California.  The tech giant announced its new iPad Air, a new iPad mini with Retina display, OS X Mavericks and highlighted its Mac Pro.  (Photo by Justin Sullivan/Getty Images) Apple very quietly released its most recent EEO-1 report, which breaks down employee data by race, gender, job categories, etc., over the weekend. This comes shortly after its predominantly white board of directors called the proposed adoption of an accelerated recruitment process to increase the diversity of its board of directors and senior management “unduly burdensome and not… Read More




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