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Dine In founder appointed GM of UberEATs Singapore to battle Deliveroo once again
Jul 22, 9:46AM
Evan Graj, founder of Dine In, the London-based restaurant delivery startup that competed with Deliveroo before entering the deadpool late last year due to a lack of appetite from investors, has joined Uber as the company’s new GM of UberEATs Singapore. Read More
Grab, Uber's rival in Southeast Asia, is developing a mobile payments platform
Jul 22, 8:55AM
It isn’t often that ride-sharing companies can introduce new services or products that really go much beyond what they already offer, but that’s what Grab, the company rivaling Uber in Southeast Asia, is aiming to do. Read More
Rocket Internet's GFG closes $365M down round as external investors shy away
Jul 22, 7:05AM
Global Fashion Group (GFG), the umbrella group that manages Rocket Internet-backed online fashion businesses worldwide, has added €30 million ($33 million) to a €300 million round that it announced back in April. Read More
KK Fund announces second fund for early-stage startups in Southeast Asia
Jul 22, 5:05AM
Good news for early-stage startup founders in Southeast Asia: KK Fund just completed the first close of a new fund for seed stage investments. Read More
Tech reacts to Trump's RNC speech
Jul 22, 4:41AM
Trump’s RNC speech was long, so we here at TechCrunch cut it down for you with 10 quick reactions from investors, executives, and engineers. Read More
Pokémon Go finally goes live in Japan with McDonalds the first sponsored location
Jul 22, 3:05AM
Pokémon Go has finally launched in Japan, the land where Pokémania first began. McDonalds is the game’s first sponsor in a deal which, as we reported earlier this week, turns the fast food firm’s 3,000 stores in the country into Pokémon Go “gyms”. Read More
Crunch Report | KickAss Torrents Owner Arrested
Jul 22, 3:00AM
The owner of KickAss Torrents gets arrested, Elon Musk reveals part 2 of his master plan, smartwatch shipments drop 32% in the second quarter of 2016, Facebook completes its first official test flight of its internet-providing solar plane and Coinbase adds support for Ethereum Read More
Nvidia launches new flagship graphics card, the $1200 Titan X
Jul 22, 2:59AM
The latest graphics card release from Nvidia is, in fact, the most powerful card its ever produced. With 12 billion transistors, the latest Pascal architecture, 12GB of GDDR5X memory and 3,584 cores at 1.53Ghz delivering an apparent 11 teraflops of performance, it’s a steadfast attempt at being the best there is. Read More
Atmospheres of Earth-like planets studied for the first time
Jul 22, 1:38AM
Astronomers used NASA’s Hubble Space Telescope to conduct the first atmospheric study of Earth-sized exoplanets and found evidence to suggest that two could be habitable. The planets have astronomers excited because atmospheric analysis revealed that they’re likely to be rocky worlds, the type of planet necessary to host life as we know it. Planets are generally broken down into… Read More
The role of higher education in entrepreneurship
Jul 22, 12:00AM
The Princeton Review and U.S. News & World Report recently published rankings of university entrepreneurship. Among the top 12 schools, the two lists share but a single institution. How can two highly regarded agencies compile lists of excellence with virtually no overlap? It’s hard to measure success when you don’t know what that success looks like. So what is the role of… Read More
Now anyone can build features for Cola messenger
Jul 21, 11:39PM
Cola, a messaging app that integrates apps into chats, is opening up its developer kit today to enable anyone to build new apps. The updated version available today comes with 12 “bubbles” that are essentially applications that run inside the messaging app. Users can share weather and flight information, gifs, and more without creating accounts with individual tools. The… Read More
Shiny and chrome! Rendering sparkly surfaces in CG just got massively better
Jul 21, 11:30PM
As the graphics in games and movies edge closer and closer to photorealism, even the subtlest tricks of the light must be simulated. For years an especially tough one has been recreating the sparkling, uneven surfaces of water, metals and other materials — but these glints can now be rendered 100 times faster than before thanks to a new technique from computer scientists at UC San Diego. Read More
Reddit is still in turmoil
Jul 21, 10:35PM
Although Pao was seen as the driving force behind efforts to make Reddit respectable enough to appeal to advertisers, the company continued its clean-up after her departure, making diverse hires and keeping up with the anti-harassment policy instituted during Pao’s tenure. But Reddit, led by CEO Steve Huffman, seems to be struggling with its reform. Over the past six months, over a… Read More
Pandora struggles to find new footing as music streaming becomes commoditized
Jul 21, 10:02PM
Pandora, in a story we’ve seen before with many other maturing companies, is facing an existential crisis. The company now finds itself fighting for its life against competition from the core platforms its service exists on: Android and iOS. Both of them — and Amazon as well — have launched their own music-streaming products, and they’re baked into the core experience. Read More
Monotype will acquire marketing startup Olapic for $130M
Jul 21, 10:00PM
Monotype, a publicly traded company focused on font design and technology, announced today that it’s acquiring Olapic, a startup that helps brands promote themselves with user-generated photos. The deal is expected to close in the third quarter of this year — at that point, Olapic will operate as a division of Monotype. The purchase price is $130 million, plus $19 million in… Read More
Daimler hits the gas on electric and autonomous driving tech
Jul 21, 9:39PM
Mercedes-Benz parent company Daimler intends to up its spending on research and development, the company revealed during its quarterly earnings call on Thursday. The high-end car maker is going to route a lot more money toward areas key to the future of driving, including autonomous driving tech, a brand new generation of batteries for electric vehicles and alternative drive… Read More
Billionaire investor Peter Thiel is reason No. 1 to tune in to the RNC with us tonight
Jul 21, 9:20PM
Original post 2 p.m. PT. Scroll below for commentary and to watch the live stream with us. Donald J. Trump is, to put it gently, not well liked within the Silicon Valley tech industry — and not because it is the liberal bastion it’s often portrayed to be. Mary Meeker, Meg Whitman and other tech leaders are die-hard members of the Republican Party and plenty of those among the… Read More
Roger Ailes resigns from Fox News
Jul 21, 9:16PM
Roger Ailes has officially resigned as chairman and CEO of Fox News, according to an announcement from parent company 21st Century Fox. The resignation follows a lawsuit alleging that Ailes sexually harassed Gretchen Carlson, a former Fox anchor. (Ailes claimed that the suit was retaliation for Fox’s decision not to renew Carlson’s contract.) There are reports that an internal… Read More
Facebook scraps another Snapchat clone: 24-hour "Quick Updates"
Jul 21, 8:56PM
Poke failed. Slingshot failed. But Facebook is still trying to mimic Snapchat with a new Stories-style feature it’s been testing called “Quick Updates”. These 24-hour ephemeral updates are buried in a special part of the app, and won’t show up in News Feed or on your profile. We received these screenshots from our reader Tiffany Zhong of Binary Capital who is one of… Read More
PayPal ticks up 2% on earnings, Visa partnership
Jul 21, 8:14PM
PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion. Adjusted earnings per share was also in line with Wall Street estimates at 36 cents. Shares ticked up 2 percent in after-hours trading, in part because of a Visa announcement that was timed with earnings. The new partnership with Visa emphasized… Read More
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