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On-screen guidance startup WalkMe raised $50M led by Insight, now valued around $400M
Jun 02, 7:15AM
As more people and businesses shift to digital platforms to get things done, a cloud-based platform for making interfaces easier to navigate continues to grow. WalkMe, which helps guide people through confusing or complicated services online, has raised another $50 million in funding at a valuation that TechCrunch understands from reliable sources is now around $400 million. The… Read MoreFinAccel takes on Southeast Asia's lending industry with easy online credit service
Jun 02, 6:10AM
Credit card penetration is one of those problems that isn’t really a ‘problem’ in the West. In the U.S. alone, 232 million adults are said to own at least one credit card, with 18 percent of consumers in the country owning two or three cards. Read MoreElon Musk doesn't think Google will compete with Tesla — but Apple could
Jun 02, 5:15AM
Tesla Motors CEO Elon Musk is watching the competition closely — including electric cars from existing manufacturers, and of course, potentially Apple. But he said at Vox Media’s Code Conference that he doesn’t view Google as a potential competitor. More clearly, he views that companies that might choose to work with Google as direct competitors to Tesla Motors. Read MoreElon Musk wants people on Mars by 2025
Jun 02, 5:10AM
One can never underestimate the ambition of SpaceX and Tesla Motors CEO Elon Musk. After making a bold adjustment to Tesla Motors’ outlook, saying the company could produce 500,000 cars annually by 2018, Musk now says that he says SpaceX may be able to have people on Mars by 2025. More specifically, he expects to launch a manned mission to Mars in 2024, which would arrive in 2025. He… Read MoreHow one Italian entrepreneur's business changed after riding along with Rocket Internet
Jun 02, 4:30AM
The PIzzaBo founder’s experience may serve as yet another cautionary tale for entrepreneurs who hitch their fortunes to Germany’s startup “Rocket”. Read MoreUber takes its most significant investment yet at $3.5 billion from Saudi Arabia
Jun 02, 3:40AM
Uber announced today it took $3.5 billion from Public Investment Fund (PIF), Saudi Arabia’s main investment fund as part of its latest round. The new investment is the largest to date for the ridesharing giant and brings the total balance of both cash and debt to more than $11 billion but doesn’t increase the company’s current $62.5 billion value. Uber rules the U.S. market… Read MoreTumblr blocked in China before Tiananmen Square massacre anniversary
Jun 02, 3:34AM
Tumblr is now apparently completely inaccessible in China. GreatFire.org, a non-profit that monitors censorship by the Chinese government, first spotted the lockout earlier this week. Read MoreCrunch Report | Internet Trends Report 2016
Jun 02, 3:00AM
Mary Meeker releases her annual internet trends report, sales force acquires Demandware for 2.8 Billion Dollars, Google now lets both iOS and Android users find their lost phones, Apple’s world wide developers conference is going to be June 13th, Peter Thiel to remain on Facebook’s board of directors all that on Crunch Report today. Read More
Intel CEO, known for diversity efforts, cancels Trump fundraiser
Jun 02, 2:00AM
Intel CEO Brian Krzanich, widely known for his efforts to improve diversity in the technology industry, planned to host a fundraiser at his home for Republican presidential candidate Donald Trump this week. But after an Intel spokesperson fielded questions from the New York Times about the fundraiser, the event was cancelled. An Intel spokesperson said that the fundraiser would… Read MoreForbes downgrades Theranos founder Elizabeth Holmes net worth from $4.5 billion to Theranothing
Jun 02, 1:11AM
Elizabeth Holmes, the once celebrated founder of Theranos, sat at number one on Forbes list of richest self-made women last year but has taken quite the tumble – the media outlet has since revalued her net worth to zilch. Holmes, 31, comes from a family with powerful political connections – both parents held important government positions in Washington – which helped her… Read MoreAmazon sues sellers for buying fake reviews
Jun 02, 1:04AM
Seller beware — if you buy reviews for your products on Amazon, the company might sue you. As part of its effort to combat fake reviews on its platform, Amazon sued three of its sellers today for using sock puppet accounts to post fake reviews about their products. Amazon has been aggressively pursuing reviewers it does not consider genuine over the last year, often using lawsuits to… Read MoreThe trends driving electric vehicle development
Jun 02, 1:00AM
The recent unveiling of Tesla’s Model 3 resulted in the largest product pre-order in history. The fact that about 400,000 people paid $1,000 each for a car they will receive in 2018 is simply astounding. In addition to the $400 million wired to Tesla, this represents an order book of more than $15 billion dollars. In case you were not paying attention, something amazing just happened to… Read MoreBox down 7% despite "strong quarter"
Jun 02, 12:57AM
Enterprise cloud storage company Box posted its first-quarter earnings after the bell on Wednesday. Despite beating analyst expectations on revenue and earnings per share, the stock dropped 12.89 percent then recovered to an 8 percent loss in after-hours trading after investors were disappointed with the billings numbers. Read MoreReview: TUMI's Luke Roll Top manages to be a charming business backpack
Jun 01, 11:55PM
Though the TUMI Luke Roll Top is expensive for a backpack, it partially makes up for this by taking a military-inspired look (the roll-top) and heavily stylizing it. Read MoreThread, the U.K. personal styling service for men, picks out £4M funding led by Beringea
Jun 01, 11:01PM
Thread, the U.K. personal styling service for men that uses a mixture of algorithms and humans to help solve the online clothes shopping problem, has raised a further round of funding. Read MoreSocial Nature raises $1M to promote natural products with influencer marketing
Jun 01, 10:21PM
We write about a lot of influencer marketing companies at TechCrunch, but Social Nature has a unique focus — natural products. The company is announcing it has raised $1 million in seed funding from investors, including Shopify co-founder Scott Lake, the Pereira/Wharton family, the founders of Pomme Natural Markets and Simon Whitfield (the Olympic triathlete) and Brenda Irwin of… Read MoreTubular Labs raises $10 million to measure online videos across social platforms
Jun 01, 10:20PM
Just how popular was that video of the mom laughing in her Chewbacca mask? And how did that video stack up against the mermaid pillow one that went viral in January? Are videos published by Last Week Tonight watched more or shared more than videos published by The Late Show with Stephen Colbert? Mountain View, Calif.-based Tubular Labs Inc. is using big data analytics to figure out such… Read MoreMediachain enivisions a blockchain-based tool for identifying artists' work across the internet
Jun 01, 10:12PM
Content (in all its forms) is increasingly both the commodity and currency of the digital era, but the speed and ease of near-instantaneous global communication and a capacity for infinite reproduction has served to make it easier to sever the work from its creator. Brooklyn-based Mediachain is hoping to change that. Read MoreWhy gaze tracking startup Cogisen is eyeing the Internet of Things
Jun 01, 9:57PM
How will you interact with the Internet of Things in your smart home of the future? Perhaps by looking your connected air conditioning unit in the lens from the comfort of your sofa and fanning your face with your hand to tell it to crank up its cooling jets. Read MoreTheSkimm just raised $8 million, led by 21st Century Fox
Jun 01, 9:14PM
Newsletter startup theSkimm has raised $8 million in Series B funding from what looks to be a very strategic investor: 21st Century Fox, which was joined by earlier backers RRE Ventures, Homebrew and Greycroft Partners. If you’re wondering what a newsletter might have in common with a global TV and film giant, the answer centers on theSkimm’s ambitions. To date, the… 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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