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Theranos under criminal investigation
Apr 19, 5:08AM
Piling on to Theranos woes, the Securities and Exchange Commission and the U.S. Attorney’s Office for the Northern District of California have started probing into the blood analysis startup for possible criminal activity. The microscope under which Theranos found itself for regulatory health and safety issues over the last year prompted both agencies to question operations. Theranos sent… Read MoreApple Pay is now available in Singapore
Apr 19, 4:16AM
Apple has launched Apple Pay in Singapore today, making it the second country in Asia after China to get the digital payment service. Read MoreDon't want your startup to fail? Arianna Huffington tells founders to go to bed
Apr 19, 1:04AM
Sleep deprivation is the undoing of startup founders, according to Arianna Huffington. “There is this kind of founder myth that if you are a founder you can’t afford to get enough sleep,” she told me over the phone while catching a plane back to New York. “The truth is three-quarters of startups fail and if founders got more sleep they’d have a better chance… Read MoreRebuilding retail brick by brick
Apr 19, 1:00AM
There have been numerous speculations on what retailers should do in an omni-channel world. How do they compete in a world where Amazon is undercutting them in prices and offering free delivery through Prime? How should they respond when brands are increasingly ignoring channel conflict and launching their own e-commerce stores to transact directly with consumers? Read MoreApple rolls out a new App Store developer site with guides and videos for growing app businesses
Apr 19, 12:48AM
Apple today is unveiling an overhaul to its App Store developer website, a resource available to the 11 million registered developers worldwide who have helped grow the App Store to now more than 1.5 million applications. The updated site will include new articles and videos aimed at helping developers better understand how to grow their businesses and engage users. For example, some of… Read MorePlease welcome Brian Heater, Kate Conger and more to TechCrunch
Apr 19, 12:41AM
We aren’t done yet. We’ve got some more new faces for you here at TechCrunch, and they’re good ones. First up, Brian Heater has worked at a number of tech pubs, including PCMag, Laptop and Engadget, where he served as the Director of Media. Most recently, he was the Managing Editor of TechTimes.com. His writing has appeared in Spin, Wired, Playboy, Entertainment Weekly,… Read MoreThe Shade Room is in Facebook jail, missing its 4 million followers there
Apr 19, 12:30AM
Facebook 86’ed The Shade Room from its platform today for unknown reasons. The celebrity gossip and news publisher attracted about 4.2 million followers on Facebook. We reached out to The Shade Room and to Facebook to learn why its page disappeared. Facebook did not yet reply to our inquiry, but we’ll update this story as it develops. Angie Nwandu, The Shade Room founder, and… Read More
As VCs enroll the startup class of 2016, it's RIP for 'me too' companies
Apr 18, 10:30PM
Many of the world’s legendary tech companies got started just as the public markets were cooling off; Microsoft, Apple, HP, IBM, Oracle, FedEx, etc. The most recent case in point is the startup class of 2008-2009: Dropbox, Airbnb, Pinterest, Uber and Tiny Speck (Slack) all got their early funding in those dismal years. And, while not everyone agrees that there is a massive downturn in… Read MoreLongtime Facebook VP Mike Vernal joins Sequoia Capital
Apr 18, 10:14PM
Mike Vernal, a Facebook VP who has spent the last eight-plus years at the company, most recently leading its search, profile, local and developer platform product groups, is leaving the company to become a venture capitalist at Sequoia Capital. Before joining Facebook, Vernal spent nearly six years at Microsoft, first as a product manager and later as a development lead. The Harvard grad… Read MoreVerizon and Hearst team up to buy Complex Media
Apr 18, 10:04PM
Chalk this up as the latest major bet on the importance of mobile video for the future of digital media. Verizon Wireless and Hearst Corp. are set to jointly acquire Complex Media. The “video-first” lifestyle site, focused on pop-culture trends and general entertainment, will continue to operate independently, albeit with Verizon and Hearst now each owning 50 percent stakes in… Read MoreSupreme Court affirms Google Books scans of copyrighted works are fair use
Apr 18, 9:36PM
A Supreme Court order issued today closes the book on (or perhaps merely ends this chapter of) more than a decade of legal warfare between Google and the Authors Guild over the legality of the former’s scanning without permission of millions of copyrighted books. And the final word is: it’s fair use. Read MoreNetflix shares take a dive on a rocky forecast
Apr 18, 9:02PM
Netflix just posted its first-quarter earnings, and it looks like for investors it was a whiff. The company’s shares are diving more than 10% in extended trading, which more or less fits in with the usual behavior of Netflix — big spikes, up and down, all over the place and all the time. Even the last time the company reported earnings, shares spiked 8%, and we’re seeing that… Read More3 reasons New York City is the best place to start a tech company
Apr 18, 9:00PM
In terms of venture capital dollars, it’s still hard to beat Silicon Valley. The latest figures have Bay Area companies gobbling up about 15 percent of the world’s venture capital. Factor in San Jose and Los Angeles and that share climbs to nearly one-third of the all the money raised by private companies in 2015. By contrast, New York City companies raised just 5 percent,… Read MoreNetflix posts a mixed Q1 but adds 6.74M new subscribers
Apr 18, 8:26PM
Despite adding a record number of new users in the first quarter, Netflix is having a no good, very bad day. The company reported earnings of 6 cents per share — a beat — but missed on revenue targets with $1.96 billion in revenue. Analysts were expecting earnings of 3 cents per share on $1.97 billion in revenue. But that miss on revenue might not be the only thing weighing on… Read MoreJay Z, Tidal & Kanye West sued for misstatements about 'The Life of Pablo' exclusivity
Apr 18, 8:07PM
Kanye West’s decision to flip-flop on whether or not his new album, “The Life of Pablo,” would be an exclusive to music streaming service Tidal, has now been met with a class action lawsuit led by consumer tech privacy law firm Edelson PC. The artist originally promised the album would only be on Tidal, but later decided to release “Pablo” to competitors,… Read MoreBill Campbell, go-to advisor for Silicon Valley's brightest, receives loving tributes after his passing
Apr 18, 7:48PM
There’s an old saying in football: It isn’t the hours you put in but what you put in the hours. Apparently, Bill Campbell — a widely revered former Columbia University football coach who went on to run Intuit for four years in the 1990s and only retired as its chairman in January — put something magical into his hours with entrepreneurs. A great many of them are… Read MoreABI Research predicts no more night vision for vehicles
Apr 18, 7:33PM
Technology market analysts at ABI Research predict that advanced driver assistance systems (ADAS) are going to be big business in the next decade — to the tune of $132 billion. But they also predict the decline and fall of night vision in our cars. Night vision systems have been available for vehicles since the early 2000s. They use either infrared or thermographic cameras to scan the… Read MoreISS beams down 4K footage of Earth shot with the RED Epic Dragon
Apr 18, 7:05PM
We get to see the Earth in high definition every day, it’s true, but we’re limited to a certain ground-level point of view. Not so much the astronauts aboard the International Space Station. And they’ve just sent down a batch of stunning 4K footage of the Earth taken with their fancy RED Epic Dragon camera. Read MoreApple's WWDC will be held June 13-17
Apr 18, 6:24PM
Apple has yet to update its website, but we now know the dates of the next Worldwide Developers Conference. When you ask Siri “when is WWDC,” Siri already has an answer for you. Apple will hold its annual developer conference from June 13 to June 17. This is in line with Apple’s previous conferences. The company will very likely present a bunch of new stuff during its… Read MoreAmazon has built a subscription launchpad with Amazon Prime
Apr 18, 5:52PM
It looks like incremental news, but the fact that Amazon now lets you subscribe to Amazon Prime Video separately from the rest of Amazon Prime signals a bigger shift. Amazon wants to turn the company into a subscription business, one subscription at a time. 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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