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GGV Capital Is Raising A Giant New Fund
Feb 12, 12:27AM
GGV Capital, a 15-year-old, cross-border venture fund that invests in both U.S. and China-based companies, is raising a giant new fund, shows a new SEC filing that lists a target of $880 million dollars and states that the first sale has yet to occur. (Senior Editor Dan Primack of Fortune says the fund may ultimately exceed $1 billion.) Either figure would represent an enormous increase… Read MoreGoogle For Entrepreneurs Backs Diversity Organization Tech Inclusion
Feb 12, 12:12AM
Google for Entrepreneurs has partnered with Tech Inclusion, an organization and conference organized by Change Catalyst, which is geared toward helping people of color and women in tech gain equity. Through the partnership, Tech Inclusion will be able to scale and add more entrepreneurship programming to its events, Tech Inclusion co-founder Wayne Sutton told me via email. GFE will also… Read MoreGoogle Is Reportedly Building A Standalone VR Headset Not Powered By A PC Or Smartphone
Feb 11, 11:37PM
Google may be preparing a consumer virtual reality headset for a release as early as this year that defies existing categorizations and doesn’t rely on a PC or mobile phone as the central brain, the WSJ reports. Rumors have been bubbling up on the company’s VR hardware ambitions over the last few weeks. The Financial Times reported a few days ago that Google would be releasing a… Read MoreZenefits Under Investigation In California
Feb 11, 10:02PM
The hits just keep on coming at the embattled cloud human resources software provider Zenefits, as the California Department of Insurance has begun an investigation into its licensing practic Read MoreUber Proposes $28.5 Million Settlement Over Safe Ride Fee Class Action Lawsuit
Feb 11, 10:00PM
Uber is asking the U.S. District Court for the Northern District of California to settle two cases: Philliben v. Uber Technologies, Inc. and Mena v. Uber Technologies, Inc., which have since been consolidated into one case on behalf of Uber passengers seeking restitution for every $1 Safe Rides fee charged to every Uber customer in the U.S. Read MoreGroupon Soars 23% On Favorable Earnings
Feb 11, 9:40PM
Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat revenue forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase. Adjusted earnings per share was a four cents, whereas Wall Street was expecting zero. This is quite the bright spot… Read MorePandora Has Mixed Q4 Earnings With $336M Revenue And 3.8% Growth To 81.1M Listeners
Feb 11, 9:09PM
Amidst rumors that it’s trying to sell itself, Pandora missed on its Q4 2015 earnings report where it said it had 81.1 million listeners, up from 78.1 million in Q3 but down from 81.5 million a year ago. Pandora saw $336 million revenue and $0.04 earnings per share, compared to expectations of $332 million and $0.07 EPS. Q4 total listening hours hit 5.37 billion, up 4.5%… Read MoreStartups Selling To Other Startups: A House Of Cards?
Feb 11, 9:00PM
“Don’t put all your eggs in one basket,” the saying goes. Well, if you’re running a startup that sells to other startups, you might be putting all your eggs in one blender. B2B companies whose customers are other early stage B2B companies put themselves doubly at risk: Not only are startups failure-prone by nature, but an early stage company with strong fundamentals… Read MoreSleep++ 2.0 Proves That There's Still A Market For Apple Watch Apps
Feb 11, 8:59PM
The Apple Watch was supposed to become the new thriving platform and App Store for third-party apps. 10 months later, it’s hard to name popular Watch apps. And there are reasons why the Apple Watch App Store isn’t as vibrant as the iOS App Store. But some developers, such as David Smith, have found ways to make your Watch more useful. Read MoreNBA Bolsters Partnership With SAP To Bring Natural Language Queries To Stats Site
Feb 11, 8:45PM
The NBA announced today that it was bringing natural language queries to its online stats pages on NBA.com. The feature enables fans to type a question in a natural way and the site should come back with your answer without having to dig for it. The feature is launching in Beta starting tomorrow. The technology underlying this new functionality is supplied by a partnership with SAP using… Read MoreIn Race to Build Kid-Activity Subscription Services, Pearachute Raises $1.2 Million
Feb 11, 8:35PM
They’re starting to crop up here and there, new startups that have appropriated the monthly class-pass model and are focused on children’s activities. Last month, a New York-based startup called KidPass announced $325,000 in seed funding, including from serial entrepreneur Kevin Ryan. Meanwhile, The Kids Passport, which is based in (and caters to) Brooklyn, has been up and… Read MoreWatch OK Go Fly Weightless In Their New Music Video
Feb 11, 8:30PM
The band OK Go released their latest creative music video and this one was taken on a parabolic airplane tens of thousands of feet in the sky. The video, which features OK Go floating in weightlessness, was for their song “Upside Down & Inside Out.” OK Go, who is famous for producing highly creative and meticulously choreographed videos, partnered with Russian airliner… Read MoreINNOVATE2016: Have French Reforms Created A New Tech Hub In Europe?
Feb 11, 8:30PM
France, that European country with a legacy for strict government controls and regulatory oversight, seems to be reinventing itself. Read MoreFacebook Tests SMS Integration In Messenger, Launches Support For Multiple Accounts
Feb 11, 8:28PM
Facebook says it’s testing a way for users to receive, read and respond to their SMS-based conversations in its Messenger application for mobile devices. The feature, which would be optional if broadly rolled out, could help to shift users away from their default texting application and see them increasing their time spent Facebook Messenger instead. Also new is added support for… Read MoreYeezy Season Approaches As Tidal Scores Stream Of Kanye's Fashion Show Concert
Feb 11, 8:27PM
Yesterday, Kanye West took to Twitter to announce the launch of both his new album and season three of his ultra-popular fashion brand, Yeezy. The brand will debut its latest duds and kicks at a star-studded fashion show/concert today at 4 p.m. ET at Madison Square Garden in NYC. Read MoreDrive Motors Lets You Actually Buy A Car Online. How Did This Not Exist?
Feb 11, 8:16PM
No one wants to go to a car dealership. We’re in the era where everything can be done online, so it’s crazy you can’t buy a new car straight from the web. Every site and startup that claims to help you do that just dumps you on a contact form to request more info or a meeting with a car dealer. But Drive Motors does exactly what you imagine should already happen. It’s… Read MoreChrome Will Drop SPDY Support On May 15
Feb 11, 7:41PM
With SPDY, Google laid much of the groundwork for what later become HTTP/2, the next-gen version of the HTTP protocol that is responsible for sending websites to your browser. Now that HTTP/2 is an official standard, Google is getting ready to deprecate support for SPDY in its Chrome browser and as the company today announced, starting May 15, Chrome will no longer support SPDY. That… Read MorePayPal Commerce Matches Stripe With PayPal's Own Native Shopping Toolkit For Apps
Feb 11, 7:04PM
PayPal’s first acquisition after it separated from eBay in 2015 was of a young startup called Modest, which had built a platform for small businesses to integrate buy buttons across third-party apps. Now, PayPal is taking the wraps off a new product that will integrate Modest’s technology. PayPal Commerce — as the new service is called — launches today in closed… Read MoreFoursquare Expands On-Demand Food And Alcohol Delivery Options
Feb 11, 6:24PM
Foursquare just announced a partnership with Delivery.com to enable Foursquare users to order food, alcohol and groceries for delivery right from the Foursquare app. The integration is made possible thanks to a mobile commerce platform called Button, which also works with companies like Uber, Airbnb and Ticketmaster. For you, this means that you can just pop open the Foursquare app, discover… Read MoreTwitch's Users Watch More Video In A Month, On Average, Than Typical YouTube Users Do
Feb 11, 6:08PM
Twitch, the Amazon-owned video game streaming site, has been growing in popularity as more of today’s younger users look to online video instead of traditional television for entertainment. Today, the company released figures that paint of picture of its user base and how deeply they engage with Twitch’s content. Though the company didn’t disclose how many total users it has,… 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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