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Asia Pacific cross-border payment startup Airwallex lands $3M
Jul 08, 9:31AM
Fintech companies are continuing to draw interest from investors in Asia. The latest company to pull in financing is Airwallex, a China-Australia startup that specializes in cross-border transactions. Read MoreOops! Wearables can leak your PINs and passwords
Jul 08, 8:43AM
The security nightmare posed by the Internet of Things isn’t just related to the lack of expertise in the types of companies adding connectivity to gizmos and gadgets. It’s the sensitivity of the connected sensors, strewn hither and thither, opening up potential attack vectors for determined hackers. Hence the need for really robust security thinking to lock down the risks. Read MoreCoinbase eyes Japan expansion after landing investment from Bank of Tokyo
Jul 08, 7:55AM
Coinbase, one of the world’s largest bitcoin companies, has set its sights on Japan after landing funding from a range of Japanese investors, including one firm that helped Twitter set up shop in the country. Read MoreTheranos' Elizabeth Holmes banned from operating blood testing labs
Jul 08, 6:40AM
Elizabeth Holmes, the founder of blood analysis startup Theranos has been banned from operating a blood testing lab for the next two years. Where this leaves the founder of the testing company and how it can continue to operate with her banned from operating a blood testing facility remains to be seen. Holmes censure, first noted in the Wall Street Journal, is based on a regulatory review… Read MoreCrunch Report | Microsoft COO Leaving Company
Jul 08, 3:30AM
Google acquires Anvato, Microsoft COO leaves company, Facebook removes a police shooting video then returns it to the site, blames glitch in the system, Lyft Premier Launches, Self driving bus launches in Japan. All this on Crunch report. Read More
News discovery app SmartNews nabs another $38M, now valued at $500M-$600M
Jul 08, 3:00AM
As large platforms like Facebook and Apple position themselves as the new go-to places to read news, an independent app that started in Japan has landed a new round of funding to raise its own game. SmartNews — a news aggregation app that works with some 1,500 publications and selects stories for you based on your reading activity in the app — has raised another $38 million in… Read MoreVCs are betting on the great Chinese fitness boom
Jul 08, 2:00AM
As the Chinese economy has boomed in the last decade, millions of people have entered the middle class. And the Chinese aren’t just getting wealthier, they’re getting fitter. China, it seems, is in the midst of a workout craze — and that represents a once-in-a-lifetime opportunity for venture investors to back emerging health and wellness technology companies. Read MoreNew reports confirm $1.15B leveraged loan raised by Uber at 5%
Jul 08, 1:46AM
Two weeks ago, we reported that Uber was in talks to raise $1-2 billion in leveraged loans. The Wall Street Journal is circulating new information that the company has closed a $1.15 billion leveraged loan, with a 5 percent yield. This number comes in on the low side of our previous estimates. Last month, sources confirmed to TechCrunch that Uber had plans to raise $1-2 billion in… Read MoreFacebook needs a way to report content as "Graphic But Newsworthy"
Jul 08, 12:51AM
Mark Zuckerberg believes Facebook Live could illuminate wrongdoing in the world. Facebook still hasn’t explained the details of its policy on censorship of Live video. But today in response to the police shooting of Philando Castile whose last moments of life were broadcast on Facebook, CEO Mark Zuckerberg posted that “The images we’ve seen this week are graphic and… Read MoreTackling systemic racism
Jul 08, 12:10AM
Discussions around diversity and inclusion in the tech industry are not going away. Not on my watch. Earlier today, I sat down with Erica Baker, an engineer at Slack, and Ellen Pao, formerly of Reddit, to talk about their nonprofit organization for diversity, Project Include, as well as the systemic racism that exists in the United States. In the last couple of days, two black men have… Read MoreZUtA demos its mobile robotic printer
Jul 07, 11:36PM
After finding success on Kickstarter, ZUtA Labs is piecing together its mobile robotic printer. Small enough to fit into the palm of your hand, the four-inch wireless device makes it easy to produce images on the go. The printer rolls back and forth over a piece of paper, until the on-screen image is recreated in about a minute. The ZUtA Robotic Printer integrates with an app, which enables… Read MoreRunning through walls: 6Sense's Amanda Kahlow on values that stick
Jul 07, 11:30PM
For Amanda Kahlow and 6Sense, one of the most important aspects of the company is its culture. The values of the company have been baked into the operations of the team, how it interacts with itself and its customers. Kahlow says it boils down to family — an acronym for fun, accountability, mindfulness, integrity, love and yes. And as a company, before they start meetings, Kahlow and… Read MoreMake way for more bots: Ex-Evernote CEO Phil Libin leads seed rounds for Butter.ai and Growbot
Jul 07, 11:27PM
Earlier this year, Phil Libin, the former CEO of Evernote who is now a venture capitalist at General Catalyst, laid out plans to fund and support (and maybe even build?) his own startups in the burgeoning world of bots — services that use conversational interfaces and varying degrees of artificial intelligence to provide users with information, products and more. Now those… Read MoreUp close with Fujifilm's new X-T2 mirrorless camera
Jul 07, 10:20PM
If you’re going to show off the follow-up to your well-loved mirrorless camera two years after release, you might as well do it in style — classic cars, rail-thin models, terrible music, the whole nine yards. Fujifilm’s X-T2 interchangeable lens camera made its flashy Manhattan debut at the borough’s Classic Car Club, with a slew of different accessories and a number… Read MoreThis artificial stingray has a gold skeleton and light-activated rat muscles
Jul 07, 9:59PM
Mimicking nature’s most elegant designs has become a popular method for creating equally elegant robots (close, anyway) — but using nature’s raw materials, too? That’s what researchers at Harvard’s Wyss Institute have done, creating a tiny light-controlled stingray with a solid gold skeleton that moves using reconstituted rat muscles. O brave new world! Read MoreRthm wants to be your comprehensive health AI
Jul 07, 9:22PM
If you’re Toronto-based startup MagniWare, you’ve learned some hard truths about the realities of what people will bear in terms of keeping tabs on their general wellness. MagniWare began life with a focus on hardware, looking to solve the problem of wearable fatigue by making a powerful sensor that was easy to use. But the hardware focus nearly exhausted the startup’s… Read MoreCarmaker + ridesharing roundup
Jul 07, 9:17PM
Auto manufacturers are realizing that the future of transportation is not going to be one person, one car. It’s going to be ridesharing, ridehailing and public transit — and these vehicles may not even require drivers. So most major manufacturers have made a turn toward becoming “mobility companies.” It’s been a quick turn, though. In just the first half of… Read MoreIf you're waiting for a self-driving car revolution, keep waiting
Jul 07, 9:00PM
Not a week goes by without some sort of development in the world regarding self-driving cars — the subject consistently finds a place in any given news cycle. But if you’re waiting for a self-driving car revolution, you better keep waiting. Sure, the technology is there, but there are plenty of legal and regulatory battles that will have to take place before consumers are being… Read MoreLyft could be working on a music jukebox feature
Jul 07, 8:52PM
You may have noticed whenever you hop into a Lyft, more times than not, the driver asks what you want to listen to. You, like us, might tend to say you don’t have a preference, even though you most definitely do because you don’t feel like racking your brain or going through your SoundCloud to communicate to the driver some obscure track you’ve been listening to.… Read MoreThe NBA debuts its new and improved shot clock
Jul 07, 8:49PM
That 3…2…1 on a 24-second shot clock never looked better than this. On Thursday, the NBA announced that it has tabbed Tissot for a sleeker and more efficient shot clock, which will debut during Summer League action Friday, before being integrated into all 29 arenas for the tip-off of the 2016-17 season. The new shot clock uses innovative LED glass technology. In fact, it… 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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