Thursday, January 28, 2016

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Meet The Competitors Vying For The Crunchie For Angel Investor Of The Year

Jan 28, 1:43AM

crunchies-noms-angel We’re getting ready for the 9th Annual Crunchies here at TechCrunch, where some of the brightest startups, companies and leaders hope to win the coveted Crunchie award in one of the 12 categories up for grabs. Read More



Accel Leads $10M Series A For JobToday's Service Industry Hiring App

Jan 28, 12:01AM

service-industry Can a smartphone messaging app replace the age-old CV in the service industry sector? That’s the premise driving European startup JobToday, which is targeting the fast flow of service and blue collar workers with a mobile app that aims to speed up and simplify the hiring process. It’s today announcing a $10 million Series A round, led by Accel, along with participation from… Read More



AdStage Looks Beyond Advertising

Jan 27, 11:49PM

AdStage AdStage launched a new product called Automate today — it’s supposed to bring more automation to AdStage advertisers, but CEO Sahil Jain said it also signals the company’s ambitions to become a broader marketing platform. As the name suggests, Automate allows advertisers to create rules that automatically adjust their ad campaigns across Google, Bing, Facebook, LinkedIn… Read More



A Long Game

Jan 27, 11:36PM

San Francisco “When do you think people in the Bay Area started to realize that you could make more money from tech than from real estate?” Jed Kolko asked me. We were sitting at Ma-velous, a coffee shop frequented by San Francisco’s political movers two blocks from City Hall and kitty corner from Twitter’s headquarters in the Shorenstein-owned former San Francisco Furniture Mart. Read More



Facebook Spikes 12% After Smashing Q4 Earnings

Jan 27, 11:33PM

fist-smash Facebook shares are spiking today, and were up as much as 13 percent after the company reported its fourth-quarter earnings. The culprit? Once again, the company completely crushed expectations for its operating quarter. Facebook brought in $5.841 billion in revenue and earnings of 79 cents per share, compared to earnings of 68 cents per share and $5.37 billion in revenue. Read More



Health Agency Says Theranos Lab Practices Pose "Immediate Jeopardy" To Patient Safety

Jan 27, 11:01PM

elizabeth-holmes3 More bad news for Theranos: A federal health agency has declared that the blood test company’s “deficient practices … pose immediate jeopardy to patient health and safety.” In a letter sent to Theranos on January 25, the Centers for Medicare & Medicaid Services said it identified deficiencies related to hematology and analytic systems, and with the… Read More



Let's Meet In Pittsburgh Tomorrow

Jan 27, 10:55PM

Austin Meetup I will be in Pittsburgh tomorrow for Quit Yer Pitching’, pitch-off in the heart of Iron City. 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… Read More



Social Investing Startup SprinkleBit Raises $10M

Jan 27, 10:16PM

SprinkleBit app SprinkleBit, a startup that helps you invest with guidance from friends and experts, has raised $10 million in new funding from GTC. It’s not a new idea to tap into the wisdom of the crowd to do better on the stock market, but SprinkleBit offers a unique tool called the Value Prediction Index, or VPI — each stock gets scored based on whether the community thinks its price will… Read More



Facebook Hits 100M Hours Of Video Watched A Day, 1B Users On Groups, 80M On Fb Lite

Jan 27, 10:15PM

facebook-video-gif-clear-2 Everything at Facebook seems to be growing, according to Mark Zuckerberg’s Q4 earnings call comments. Facebook now sees 100 million hours of daily video watch time. There are 1 billion monthly users now users on Groups, up from 925 million at the close of Q3. 80 million people use Facebook’s stripped down app Facebook Lite for the developing world’s slow connections, up from… Read More



500 Startups Announces Batch 16, Focused On Health Tech, FinTech, Vices And Recruiting

Jan 27, 10:06PM

Slack for iOS Upload Just as investors and journalists get ready to check out what’s new over at 500 Startups at its Batch 15 Demo Day, their team has announced a new batch of founders and startups aimed at changing their industries/solving problems all while making a buck or two. 500 Startups has been aiming to produce a more diverse class of companies that isn’t just solving Silicon… Read More



Shelf Helps You Find The Best Products People Actually Use

Jan 27, 9:53PM

shelf A newly launched startup called Shelf wants to make it easier for people to discover great products, without having to first read through tons of online research or consumer reviews. Instead, the company has built a social platform that lets users automatically keep track of their own inventory of purchases, and selectively share this information with friends. The idea is to bring… Read More



PayPal Shares Up On Earnings; Revenue Rises 17%

Jan 27, 9:35PM

paypal-commerce-rewired PayPal reported earnings after the bell Wednesday, and the stock quickly ticked up 6% in after hours trading. The payments company authorized a $2 billion stock repurchase program and reported revenue and earnings that exceeded the company’s full year guidance. PayPal’s fourth quarter adjusted revenue came in at $2.56 billion, up 17% year-over-year. Adjusted net income was $443… Read More



eBay Crashes Nearly 10% As Revenue Remains Flat

Jan 27, 9:24PM

eBay app for Apple Watch Investors clearly don’t like what they see with eBay, which reported its fourth-quarter earnings today — sending shares down around 10% in extended trading. The company said it had earnings of 50 cents per share on revenue of $2.3 billion. Analysts were expecting earnings of 50 cents a share on revenue of $2.32 billion. Net revenue hardly changed from the same quarter last year,… Read More



Can Fractional Car Ownership Work?

Jan 27, 9:10PM

Car Parts A couple of weeks ago, Ford Motor Company somewhat quietly announced that next month, it’s beginning a leasing pilot program in Austin that will enable three to six people lease a Ford Vehicle together. It’s not alone in thinking about fractional car ownership. Audi is similarly trying out a fractional car ownership program called Audi Unite that allows up to five people to own a… Read More



Facebook Climbs To 1.59 Billion Users And Crushes Q4 Estimates With $5.8B Revenue

Jan 27, 9:10PM

12473927_10102621100061261_4894012145628812822_o By courting users and ad dollars in the developing world, Facebook continued its growth streak. It hit 1.59 billion users today and crushed the street’s estimates in its Q4 2015 earnings with $5.841 billion in revenue and $0.79 earnings per share. That’s up from 1.55 billion users and $4.5 billion in revenue last quarter. Even with Q4 being the holidays, that 29.8% QoQ revenue… Read More



Apple Tumbles 6.5% After Growth Flattens

Jan 27, 9:02PM

shutterstock_152974484-apple-aapl Normally, a 6 percent drop in a stock price is somewhat significant but probably wouldn’t be considered a huge deal. But it’s a different story for Apple, where a 6 percent drop erases tens of billions of dollars in value. That’s exactly what happened during trading today following the company’s earnings report last night, which signaled the company’s first… Read More



NextGenVest Uses Snapchat To Send Money Tips To Millennial Students

Jan 27, 8:55PM

students NextGenVest, a startup out of New York, is setting out to become a new kind of trustworthy financial entity. And to do that, it’s tackling a big problem. Every year in the US a staggering $2.9 billion goes unclaimed in students grants because the financial aid process has become tortuously complex. Furthermore, the ratio of guidance counselors to students is 500 to 1 nationally, with 20%… Read More



Quora Turns 80M Visitors Into Q&A Bounty Hunters With Knowledge Prizes

Jan 27, 8:03PM

Quora Boba Fett Quora is going to let companies pay cash to incentivize great answers to their burning questions. It’s a forceful way to squeeze private insights into its public question and answer site, which has quietly grown to 80 million unique visitors — 50% in the US and 15% from India. Read More



Cybersecurity Investing In Israel By The Numbers

Jan 27, 8:00PM

cybersec1 With the cybersecurity market growing to a gigantic size, it is well established that Israel is a hotbed of innovation and startups in the space. The end of then year is a good time for summaries and wrapping things up, so I took a look at statistics as gleaned from the database of IVC to put some quantitative observations behind this major wave. Read More



With Augure Merger, Fashion GPS Launches Another Season

Jan 27, 8:00PM

jeffreymosier Fashion GPS, a software and services startup focused on fashion, said it is merging with Augure, a French-based global influential marketing company. Read More




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