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Festival travel booking site Festicket raises $6.3M Series B
Jun 30, 8:00AM
Festicket, the UK startup that lets you book a wide range of music festival experiences, has closed $6.3 million in Series B funding. Lepe Partners led the round, with participation from existing investors Wellington Partners, PROfounders, and Playfair Capital. Read MoreHacker takes over Oculus CEO's Twitter account, announces new CEO
Jun 30, 6:33AM
Oculus CEO Brendan Iribe had his Twitter account hacked Wednesday; the hacker took the opportunity to promptly announce a new CEO for the virtual reality company. Update: the account appears to be back under Brendan’s control. This is just the latest in a string of tech CEO’s having their Twitter accounts compromised, this attack does not appear to be from the same hacker… Read MoreIBM demos an employee hack for gathering live video data via drone
Jun 30, 5:50AM
IBM developer Andy Trice popped by the TechCrunch New York offices to demo a hack he’s been working on in his spare time, utilizing the company’s cloud computing platform and off-the-shelf drone hardware from DJI. The system, which started as a pet project for Trice, is able to gather and transmit data in real-time, offering up such useful contextual information as precise… Read More
Ayesha Curry launches a new food-delivery startup
Jun 30, 4:10AM
Want to eat like Steph Curry? Now you can. Ayesha Curry, the wife of NBA all-star Stephen Curry, has a new food delivery startup. The company is called Gather, and will deliver ingredients and recipes directly to your door on a weekly basis. https://t.co/e7bXFopFLp sign up now for updates on my meal-kit delivery! Let's GATHER together and cook! #gather pic.twitter.com/bLbgoFl0Nx… Read MoreWatch Microsoft Accelerator's London Demo Day here
Jun 30, 4:00AM
TechCrunch is pleased to bring you Microsoft Accelerator’s London Demo Day on June 30th from 7:30-10:00am PT, 3:30-6pm GMT. The Microsoft Accelerator is an immersive three- to six-month program aimed at helping entrepreneurs get through the challenges of building a company, finding customers and scaling to global markets. There are seven accelerators located around the world, from… Read MoreThe rise of the overbanked and the opportunity to serve them
Jun 30, 1:00AM
Meet Alvin, a Silicon Valley executive in his late-30s. Alvin has accounts with three banks, an online brokerage account and has borrowed from no less than nine lenders in the past five years. In today’s world, why wouldn’t he? Financially literate, technologically savvy and affluent, Alvin is a member of the overbanked. Read MoreMoneyLion brings traditional banking ever closer to obsolescence
Jun 30, 12:40AM
The lingo of personal finance is rapidly changing. Mint has replaced our nagging parents and significant others who think our spending is out of control. Wealthfront and Betterment took away our personal wealth managers. Heck, we don’t even have to go to a bank anymore to get a loan with SoFi or Lending Club. Since 2013, CEO Diwakar Choubey and his team have been developing MoneyLion… Read MoreHTC Vive announces $10 billion VR Venture Capital Alliance
Jun 30, 12:16AM
VR technologies are going to be requiring a shit ton of capital as they look to make the crossover from R&D phases to mass market adoption. HTC is certainly looking to do its part to make sure that the headset technologies it is building have a broader ecosystem to fall into. Today, at the GSMA Mobile World Congress in Shanghai, HTC Vive announced a $10 billion initiative to put… Read MoreGlobal counter-terrorism database World-Check leaks online
Jun 30, 12:08AM
At least one non-authorized person obtained sensitive information following the leak of global counter-terrorism database World-Check, owned by Thomson Reuters. Chris Vickery, a security researcher at the software company MacKeeper, posted on Reddit that a copy of the World-Check database from mid-2014 had come into his possession. “No hacking was involved in my acquisition of this… Read MoreThis portable 200W "laser bazooka" is terrifying and unnecessary — and I want one
Jun 29, 11:57PM
Have you ever played with a laser pointer? Those usually cap out at around 0.005 watts. This guy built a “laser bazooka” that, at 200 watts, comes in at about 40,000 times stronger than that. While YouTuber styropyro built his bazooka out of materials torn from a bunch of broken DLP projectors and “a stack of lithium batteries,” this… isn’t something you… Read MoreTech's real role in student debt
Jun 29, 11:41PM
Hillary Clinton’s campaign advisers sought to explain the student debt deferment portion of her tech agenda on a call with reporters today, after the item generated criticism that the plan would provide financial benefit to wealthy members of the tech sector. Read MoreImpact Engine closes its accelerator and a $10 million impact fund
Jun 29, 11:35PM
An accelerator that backed for-profit, for-good ventures, Impact Engine, is abandoning the bootcamp approach and shifting its focus to investing in these startups as a seed fund, according to CEO and Partner Jessica Droste Yagan. Based in Chicago’s 1871 startup hub, Impact Engine also closed a $10 million fund to support this pivot. The fund is its fourth, but now Impact Engine will… Read MoreGoogle-backed undersea cable between US and Japan goes online tonight
Jun 29, 11:04PM
Google started making investments in a number of undersea cables back in 2008, but one of its largest investments was in the $300 million FASTER cable between Japan and the U.S. West Coast. Back in 2014, Google announced that it was joining a consortium of six companies, including NEC, China Mobile, China Telecom, Global Transit and KDDI, to better connect the two countries. As… Read MoreProducePay raises $2.5M to bring cashflow to farmers
Jun 29, 11:01PM
ProducePay has raised $2.5 million to solve what CEO Pablo Borquez Schwarzbeck said is a major issue for farmers — getting paid in a timely manner for their crops. Borquez Schwarzbeck explained that farmers usually have to cover the cost of not just growing the produce, but also shipping — and then they have to wait for it to get sold before they get paid themselves. And since… Read MoreMove Loot, a YC-backed furniture resale marketplace, shuts down, sells customer list to Handy
Jun 29, 10:24PM
There’s some closure (literally and figuratively) for Move Loot, the furniture resale marketplace that we wrote earlier this month was up for sale. The startup — backed by nearly $22 million in funding from a list of top investors that included Y Combinator, GV, Index, Metamorphic and Sherpa — has shut down its business and sold access to its customer list to Handy, the… Read MoreThis is how anti-paparazzi clothing works
Jun 29, 10:21PM
If paparazzi have a right to take photos (they do) and newspapers are allowed to print photos taken by paparazzi (they do), it stands to reason that those in the brief spotlight of an eager photographer’s flash have a right to fight back, too (they do). Anti-paparazzi clothing has been around for a while, and if you’ve ever wondered how it works, oh boy have you come to the… Read MoreIt's official: Kleiner just pulled off a $1.4 billion fundraise
Jun 29, 9:34PM
So much for losing its mojo. Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member, John Doerr, no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings. The firm’s digital growth fund — its third — has secured $1 billion in… Read MoreShasta Ventures is raising a $300 million fifth fund
Jun 29, 9:03PM
Shasta Ventures is raising up to $300 million for a fifth fund according to a new SEC filing that lists managing director Jason Pressman and Rob Coneybeer (Coneybeer co-founded Shasta with fellow managing directors Tod Francis and Ravi Mohan in 2004; Pressman joined the following year). Shasta appears to be sticking with its knitting with its new fund. It saw an enormous return when its… Read MoreHere's a big list of all the "Ok, Google" commands you've probably forgotten
Jun 29, 8:42PM
The aptly named Ok-Google.io is the big ol’ massive list of “Ok, Google” commands that Google is too proud to build right into Android. It’s gorgeous, it’s easy to navigate, and it’s pretty much guaranteed to teach you at least one trick you didn’t know Google Now could handle. Read MoreGoogle.org, Omidyar Network backing Fast Forward, the accelerator for tech nonprofits
Jun 29, 8:07PM
An accelerator that helps tech nonprofits develop their products and raise grant money, Fast Forward, has attracted $1.25 million in philanthropic funding of its own. Backers include big names in venture capital and tech. Omidyar Network, Google.org and BlackRock donated the largest share, along with AT&T, The Nasiri Foundation and Rita Allen Foundation. Fast Forward will use the money… 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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