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German fintech company builder FinLeap raises €21M at €121M valuation
Jun 13, 8:42AM
TechCrunch understands from a source close to the transaction that FinLeap’s latest round gives the company a post-money valuation of €121 million (based on a €100 million pre-money valuation). Read More
Where to watch the live stream for today's Apple WWDC keynote
Jun 13, 7:51AM
Apple is holding a keynote ahead of its annual WWDC developer conference today at the Bill Graham Civic Auditorium, and the company is planning once again to live stream the event. At 10 AM PT (1 PM in New York, 6 PM in London, 7 PM in Paris), you'll be able to watch the event on all Apple devices. Apple is likely to announce iOS 10 and macOS 12, as well as a brand new Siri with… Read More
Live from Apple's Keynote at WWDC 2016
Jun 13, 7:01AM
Once a year, Apple gathers thousands of developers and journalists to show off all of the secret things the company has been working on for the past many months. Today is that day — and we’re there live! Tune in for all the news the second it breaks. Read More
Insurance firm China Life puts $600M into Didi Chuxing months after backing Uber
Jun 13, 4:43AM
Can’t beat ’em, join ’em. That appears to be the motto of China Life, Asia Pacific highest valued insurance firm, after it backed Chinese taxi app Didi Chuxing barely months after investing in its fierce rival Uber China. Read More
Playing around with a smart rubber duck
Jun 13, 3:58AM
Some things you should probably know about me before we dive in here: I am a full-grown adult. I have health insurance and a 401K. I drink bourbon and to NPR. I’m wearing a button up shirt right now. I own many fine sweaters. I do not presently have children. If you send me a smart rubber ducky, I’m probably going to play around with it. I’m not made of stone. This is… Read More
TechCrunch is at E3! But why?
Jun 13, 1:58AM
These are strange days for the Electronic Entertainment Expo. The (ostensibly) trade-only event draws immense attention, but it has long been fraying at the edges. Yet we’re here anyway because this year E3 comes at an auspicious time for technologies that could represent a major change to the industry: virtual and augmented reality. Read More
Walgreens formally cuts ties with Theranos
Jun 13, 1:58AM
Walgreens has terminated its three-year partnership with blood analysis startup Theranos, citing the myriad bad test results and an on-going federal investigation as the reason for ending the relationship “effective immediately.” Theranos promised the drugstore chain it could detect hundreds of diseases using just one drop of blood – a promise which turned out to be too good… Read More
Cyberterrorism and the role of Silicon Valley
Jun 13, 1:00AM
For the moment, at least, cyberterrorists have not harnessed the technology needed to destroy Western civilization from a basement lab in some remote corner of the world. Although a “cyber-Armageddon” scenario is unlikely any time soon, new technological developments have the potential to allow terrorists to move from low-tech killings aimed at gaining attention and creating fear… Read More
Spark fragmentation undermines community
Jun 12, 10:00PM
Today the Hadoop distribution war comes down to a final battle between Cloudera’s CDH and Hortonworks’ HDP. That wasn’t always the case. At the peak of the market’s fragmentation, numerous companies offered Hadoop distributions in one form or another. Read More
Apple's App Store at the end of the app era
Jun 12, 9:38PM
Like a fly frozen in amber, the App Store’s fundamental deal has remained unmoving since its inception. As an enormous ecosystem swelled around it, crystalline structures of new rules and avenues of customer interaction have also grown — but not nearly fast enough for most developers. Read More
David Fine talks smart cities, the future of IoT on Technotopia
Jun 12, 8:54PM
David Fine is the author of a three part series about the future of “Civic Technology” and the idea of Smart Cities. His theory – and it’s a good one – is that “as Moore’s Law continues apace, cities will continue to blanket themselves in all sorts of cheap, reliable, and (we hope) meaningful sensors. Sensors generate data, and data will serve as the… Read More
Data breadlines and data brawls
Jun 12, 7:00PM
When I think about the behavior of many business people today, I imagine a breadline. These employees are the data-poor, waiting around at the end of the day on the data breadline. The overtaxed data analyst team prioritizes work for the company executives, and everyone else must be served later. An employee might have a hundred different questions about his job. How satisfied are my customers? Read More
The operating systems of the 2016 elections revealed!
Jun 12, 4:30PM
Each candidate is working off a different operating system, representing a completely different media paradigm. According to media commentator Douglas Rushkoff, Bernie Sanders is the candidate of the radio age, Hillary Clinton of the tv age and Donald Trump of our internet age. Read More
Ping shapes new identity after $600 million acquisition
Jun 12, 3:22PM
When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company. I had questions, lots of questions. After all, in conversations with Durand and CFO… Read More
Toronto is poised to become the next great producer of tech startups
Jun 12, 3:00PM
I’ve spent a fair amount of time in Toronto and learned there’s more to this city than Drake calling it home and the recent successes of their professional sports teams. We made one investment there in 2015 and the experience — with the company specifically and the city generally — has been overwhelmingly positive. Indeed, the city has all the markings of a world-class… Read More
P2P mobile payment app Tapp raises $9 million to tap into the cash economy in Southeast Asia
Jun 12, 10:45AM
Mobile phones have emerged as the dominant alternative payment method to cash for buying and selling goods and services in emerging markets. And with a service akin to alternative payment providers like M-Pesa and Pagatech in Africa and a slew of alternative payment platforms in Southeast Asia, Tapp’s technology is one that the region understands well. Read More
Nura headphones are custom fit to the listener's frequency
Jun 12, 7:30AM
Your parents were right, dear reader. You are a precious, unique snowflake. Your ears, at least. I can’t really speak for the rest of you, but, hey, you seem great. Of course, your special, unique snowflakiness presents a challenge to our friends in the headphone industry — even more so than the standard one-size-all approach of gadget makers. You see, there’s more than just… Read More
Investment opportunities in the autonomous vehicle space
Jun 12, 3:00AM
As companies race to make autonomous vehicles a reality, investment activity in the space is heating up. The AV investment landscape is complex. It includes both hardware and software players; it features competitors ranging from early-stage startups to large publicly traded corporations. This article provides a primer for those interested in understanding and investing in the rapidly evolving… Read More
Line's beauty and fashion portal rolls out its Persian carpet
Jun 11, 11:00PM
Benita, a portal designed to deliver the latest news on fashion, beauty and lifestyle, debuted in Iran this May. The portal will offer daily content produced by a team of local Iranian staff writers and a forum where users are encouraged to share and discuss the topics that matter most to them. Read More
Why there will never be an Uber for healthcare
Jun 11, 7:01PM
You should walk away from anyone who says there can be an “Uber for healthcare.” It is the equivalent of someone saying they “have a bridge to sell you.” Or, more precisely, it shows a complete lack of understanding for how healthcare works and how positive health outcomes are actually achieved. Read More
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