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Samsung will acquire cloud-computing company Joyent
Jun 16, 4:29AM
Samsung Electronics announced today that it has agreed to acquire cloud-computing company Joyent. In a statement, the Korean tech giant said that the transaction (its financial terms were undisclosed) will allow it to grow its cloud-based services for its smartphones and Internet-connected devices. Read MoreCrunch Report | Bumble Partnering with Spotify
Jun 16, 4:04AM
Traffic ticket fighting App Fixed acquired by law firm, Facebook suicide prevention tools are now worldwide, iOS apps are switching to HTTPS connections, Spotify and Bumble partner up, A new FB messenger soccer game. All this on Crunch Report. Read More
Despite troubled online lending market, Payoff raises a big new round
Jun 16, 3:17AM
Payoff, a 7.5-year-old Costa Mesa, Ca., startup that makes loans for people looking to pay off credit card debt, has just raised a bunch of money and it’s looking to raise even more. According to a new SEC filing, the company has raised $46.7 million as part of a round expected to close at $67.4 million. The company had previously raised $38.4 million from investors, including… Read MoreDidi Chuxing completes $7.3B financing round that includes Apple's $1B investment
Jun 16, 2:49AM
Didi Chuxing, the largest ride-hailing app in China, confirmed today that it has closed a $7.3 billion financing round that includes its recent investments from Apple and China Life. The news was first reported by the Wall Street Journal, whose sources say Didi Chuxing’s valuation is now pegged at more than $28 billion. Read MoreGood VR is great — and bad VR is abysmal
Jun 16, 1:06AM
I don’t want VR to be boring. It’s strange to think that something so futuristic and promising, something we’ve looked forward to for decades, could be boring, but I can’t deny it, since I’ve experienced it myself. The fact is that with hundreds of companies joining the VR gold rush, we’re going to be panning a lot of silt for every grain of gold. Read MoreMarketing tech company Performance Horizon raises $15.4M
Jun 16, 12:26AM
Performance Horizon, a company aiming to help advertisers manage their relationships with marketing partners, is announcing that it has raised $15.4 million in Series C funding. The company says that with its software, brands and agencies can bypass the affiliate networks that online publishers usually rely on to get paid by marketers for driving purchases or other consumer actions.… Read MoreHow do you truly secure the connected car?
Jun 16, 12:00AM
We’ve become accustomed to staying connected whenever and wherever we are. All this connectivity is great, but it has also blinded us to the associated risks of being online at all times. Connected devices — especially smartphones — are vulnerable to cyber attacks, so security is of the upmost importance. Just a little further down the road is the next major connected device:… Read MoreFBI built a massive facial recognition database without proper oversight
Jun 15, 11:50PM
The FBI steadily, stealthily compiled a massive facial recognition database without oversight and in disregard of federal law, according to a report released today by the Government Accountability Office. The bombshell report reveals that the FBI dipped into driver’s license photo databases from 16 states, as well as passport and visa photo databases from the State Department, feeding… Read MoreThe Apple Watch needs an 'OK' button
Jun 15, 11:33PM
The Apple Watch needs an action button. Something to allow you to confirm, acknowledge, activate and navigate using a physical press. There’s even a button right there, on the side, waiting for the task. The button, located right below the scroll wheel, was originally used by Apple for the People function. So few folks used this feature that Apple is canning it in watchOS 3 and replacing… Read MoreHTC's Mixed Reality demo shows onlookers what it's like to experience VR
Jun 15, 10:05PM
In these earliest days of commercial viability, virtual reality is running up against the same wall as so many technologies before it: how does a company translate it for the majority of consumers who won’t be able to demo it in the wild? HTC’s mixed reality is an interesting sort of work around, adding augmented reality to the equation, in order to offer a sort of voyeuristic… Read MoreSkillz is the biggest e-sports company gamers have never heard of
Jun 15, 10:03PM
The very mention of e-sports tends to conjure up titles like Bethesda’s Quake, the arena shooter, or Valve’s Dota 2 and Riot’s League of Legends, both arena battle games, which are played by professionals for piles of cash with prize pools in the millions of dollars. But a San Francisco startup called Skillz paid out 21% of last year’s e-sports prizes worldwide, and is… Read MoreHoodline launches Neighborhood Kits that package local news and data for real estate agents
Jun 15, 9:55PM
After building out an editorial team focused on using data to cover San Francisco’s neighborhood news, Hoodline CEO Andrew Dudley said the startup has begun to explore new ways to make money. Not that Hoodline has been avoiding revenue, but the only way it has monetized until now is through advertising. Dudley told me the team agreed that Hoodline’s long-term business needs more… Read MoreUber settles on $7.5 million in background checks lawsuit
Jun 15, 9:49PM
Uber faces a growing number of legal troubles these days – the latest involves a court settlement of $7.5 million for background checks. Uber has agreed to pay the $7.5 million sum to a group of San Francisco drivers alleging the company acquired consumer background reports without asking them first. Uber also agreed to pay $100 million to San Francisco and Massachusetts drivers in… Read MoreSony discusses its virtual reality play in a market full of like-minded headsets
Jun 15, 9:29PM
Between Oculus, HTC, Samsung and a slew of smaller hardware manufacturers, 2016 is the year that VR presence played out like a hockey stick graph at E3. To say it’s the story of the show is to greatly under represent just how big a role it’s played over the course of the last few days here in downtown Los Angeles, serving as the focal point for a majority of big companies… Read MoreMicrosoft makes some moves to lift Dynamics CRM marketshare
Jun 15, 9:14PM
Microsoft has been searching for ways to strengthen its flagging Dynamics customer relationship management (CRM) tool, and it made a couple of moves this week (one quite significant) with an eye toward making life easier for sales people and enhancing its marketshare in the process. For starters, you might have heard that Microsoft bought LinkedIn on Monday for a cool $26 billion.… Read MoreTechCrunch has gone HTTPS
Jun 15, 8:59PM
The Newstweek is a small device that plugs into a wall outlet and allows you to modify the contents of news sites for readers using public Wi-Fi networks without their awareness. According to their website, the discrete gadget is intended to “provide opportunity for citizens to have their turn to manipulate the press, generate propaganda or simply ‘fix facts’ as they pass… Read MoreWhat are leveraged loans and why does Uber want one?
Jun 15, 8:06PM
Uber, fresh off $3.5 billion from the Saudi Arabia Public Investment Fund, is in talks to close another $1-2 billion in the form of leveraged loans. Over the last 24 hours, the term “leveraged loans” has been thrown around a lot, but few in the startup world have seen this term before. Read MoreBlavity's Morgan DeBaun is speaking at Disrupt SF 2016
Jun 15, 8:05PM
Blavity is the bee’s knees — the cream of the crop media platform and community for black millennials in the digital age. Founded by Morgan DeBaun and Aaron Samuels, Blavity ultimately aims to become a lifestyle brand with both online and offline experiences geared toward underrepresented millennials. Read MoreBoom, bubble or bust for fintech?
Jun 15, 8:00PM
The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech industry, but could there be a “bubble” in fintech, as well? Read MoreFixed, the app that helps you fight tickets, gets acquired by a law firm
Jun 15, 7:57PM
Sometimes the government, not the startup, wins. Case in point: Fixed, the company that began as a tool to help drivers fight their parking tickets through the use technology, has been acquired. Fixed had struggled to get cities to accept its submissions, having faced everything from being blocked from cities’ ticket websites to agencies simply unplugging their fax machine so… 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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