Thursday, August 4, 2016

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Drizly pulls in $15 million Series B to power liquor-based eCommerce

Aug 04, 11:00AM

DrizlyDelivery Drizly, the on-demand booze delivery startup, has today announced the close of a $15 million Series B funding round, led by Polaris Partners, with participation from existing investors. Drizly operates in a very similar manner to Uber, providing the technology infrastructure that allows liquor retailers the opportunity to provide their own on-demand service, as well as an ecommerce platform… Read More



inploi is another jobs app that wants to kill off the service industry CV

Aug 04, 10:36AM

inploi Walking around the neighborhood handing out CVs in the hopes of scoring shifts in a local cafe or restaurant has never been an efficient job search process. But workers in the service industry still do it. London based startup inploi is hoping to change that — it’s gunning to replace the paper CV with a mobile profile and location-based jobs platform. Read More



Strava adds a real-time safety feature to its fitness tracking app

Aug 04, 9:00AM

Strava The official promo for Strava’s new beacon feature shows a runner attempting to outpace a giant boulder – something I suspect isn’t too common an occurrence if you’re Indiana Jones or Wile E Coyote. Still, even if you’re not a fictional adventurer or anthropomorphic desert scavenger, accidents can happen when you’re out for a long run, bike ride or other… Read More



Indonesia's Go-Jek raises $550 million to battle Uber and Grab

Aug 04, 8:58AM

Go-Jek Indonesia Pt. motorcycle taxi riders drive along a street in Jakarta, Indonesia on Monday, March 21, 2016. The Jakarta-based startup has already become a household name in its home country. The startup's app has been downloaded more than 11 million times and it has more than 200,000 motorbikes. Its name is a play on ojek, the Indonesian word for the motorcycle taxis that crisscross Southeast Asia's most populous nation. Photographer: Dimas Ardian/Bloomberg via Getty Images Go-Jek, the motorbike taxi on-demand service that rivals Uber and Grab in Indonesia, has closed $550 million in new funding, a source close to the company told TechCrunch. The deal values Go-Jek at $1.3 billion and could be announced as soon as this week, we understand. Read More



New York Governor signs daily fantasy sports bill, DraftKings and FanDuel can operate again

Aug 04, 4:20AM

PHILADELPHIA, PA - JULY 28:  New York Governor Andrew Cuomo (D-NY) delivers remarks on the fourth day of the Democratic National Convention at the Wells Fargo Center, July 28, 2016 in Philadelphia, Pennsylvania. Democratic presidential candidate Hillary Clinton received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25.  (Photo by Alex Wong/Getty Images) Back in June on the last day of the New York Assembly’s legislative session, the state passed a bill legalizing daily fantasy sports, paving the road for the return of incumbents DraftKings and FanDuel to resume operating in the state. The next week we sat down with DraftKings CEO Jason Robins, who explained that passing the bill was so important because it not only meant his… Read More



Crunch Report | First private company to go to the Moon

Aug 04, 3:00AM

Moon Express is the first private company to get permission from the U.S. government to go to the moon, Facebook shows us its “Area 404” hardware lab, Tesla delivers 14,402 vehicles in Q2 2016, Time Warner takes a 10% stake in Hulu, and bitcoin value drops 20 percent after $70 million worth stolen from Bitfinex. All this on Crunch Report. Read More



AirHelp raises $12 million to deal with airline customer service for you

Aug 04, 2:46AM

Woman Looking Through Window While Traveling In Airplane Few things are more dreadful than dealing with airline customer service. Fortunately, there’s a startup that wants to make those calls for you. For hassle-free travel, AirHelp is raising $12 million in Series A funding from a group of investors including Khosla Ventures and Evan Williams. This is in addition to the $4.7 million in seed financing raised two years ago. AirHelp promises to… Read More



Elastica's chief executive Rehan Jalil on being an entrepreneur in Silicon Valley

Aug 04, 2:30AM

6256892056_3a7fe5ac26_b Serial entrepreneur discusses his journey starting up and exiting two tech companies in Silicon Valley. Read More



Splice launches rent-to-own pricing model for software synths

Aug 04, 1:40AM

Serum One by one, most software has succumbed to the cloud; Designers have Adobe, gamers have Steam, programmers have GitHub and now musicians have Splice. Splice is launching a rent-to-own pricing model for software synths. Starting today, musicians will be able to use Serum from Xfer Records, to their hearts content without any upfront fees.  The company likes to call their service a rental,… Read More



How the microbiome will lead a revolution in the consumerization of personalized medicine and diet

Aug 04, 1:00AM

DNA lab The human microbiome — meaning all of our microbes’ genes — will reshape the consumerization of personalized medicine and diet. Following the human genome project, technological advancements have brought us much closer to acute precision in disease diagnosis and treatment. The microbiome has the potential to change the way we diagnose and treat the most critical diseases of… Read More



VIPKID nabs $100M to link Chinese kids with native speakers to learn English

Aug 04, 12:15AM

Screen Shot 2016-08-03 at 13.52.56 As interest and investment continue to pour into the online education market, startups building platforms with a lot of traction are reaping the rewards. In the latest development, a company out of China called VIPKID — which has built a popular platform connecting children aged between five and 12 years with native English speakers for one-to-one online language lessons… Read More



Intel shows off mystery depth-sensing virtual reality accessory

Aug 03, 11:13PM

An Intel engineer just tweeted out a photo of a new VR sensor prototype and suggested that VR would play a large role in the company’s developer conference late this month. In the since-deleted tweet, Dimitri Diakopoulos, a senior prototyping engineer at Intel, showed off what he referred to as a depth-sensing prototype attachment for the HTC Vive. At least visually, the sensor… Read More



Average broadband speed in US rises above 50 megabits for the first time

Aug 03, 11:02PM

networking cables Speedtest has released its mid-year broadband speeds report, and there’s actually quite a bit of good news in there. Speeds are steadily increasing despite machinations within the industry, and in fact the average in the U.S. just went north of 50 megabits for the first time ever. Read More



The impending online shopping split: buy boutique or buy Amazon

Aug 03, 10:46PM

Amazon Boxes It’s been a rough couple of months for Amazon competitors. First Canada’s Shop.ca declares bankruptcy and essentially has a fire sale, then Jet.com, which accumulated big funding and big hype pre-launch, is apparently in talks with Wal-Mart re: an acquisition. A Wal-Mart exit isn’t the upstart victory against an industry giant originally foretold in Jet’s creation… Read More



Rethinking the customer relationship in medtech

Aug 03, 9:00PM

brainpills In light of Dollar Shave Club’s recent sale, I started thinking about other industries that haven’t yet rethought the customer relationship by leveraging the cloud. A significant majority of FDA-approved medical devices — and their associated business models — should be rethought around the idea that the cloud is a core feature of the product. Read More



Tesla misses Q2 earnings, delivers 14,402 vehicles

Aug 03, 8:15PM

tesla-earnings Tesla missed its Q2 earnings targets today in a report released after the close of the market. Tesla executives are not wavering on yearly targets, despite a slower than expected quarter. All of this comes amidst a seemingly never-ending wave of Tesla headlines dominating Silicon Valley over the last few weeks. The energy company born out of an automobile company reported non-GAAP Q2 revenue… Read More



Jack Dorsey gets a much-needed strong second quarter performance from Square

Aug 03, 8:10PM

jack dorsey Jack Dorsey really needs a hit. After Twitter’s weak second-quarter showing, and both stocks not performing well in the past year, Dorsey — as the lead of both companies — needs to show investors his strategies are working (and that he can run both companies). Well, he certainly got one today. Square reported its second-quarter earnings, where it brought in $439 million in… Read More



Basis Peak watches recalled, service shutting down due to overheating

Aug 03, 7:53PM

Basis Peak Basis Peak, a fitness watch tracking your health and sleep habits, is now being recalled by the company after reports of overheating. The Intel subsidiary first sent a statement about the overheating issues in mid-June and is now asking customers to stop wearing their watches and is shutting down service “immediately.” “We had hoped to update the software on… Read More



The White House requested input on artificial intelligence, and IBM's response is a great AI 101

Aug 03, 7:45PM

 The field of artificial intelligence is so huge, and the potential applications so numerous, that it would be folly to try to explain it all in one — no, wait, IBM just did. Read More



Lyft hits record 13.9M monthly rides, sees 5X quarterly growth in Concierge rides

Aug 03, 7:21PM

Lyft Lyft is seeing record ridership, including an all-time high of 13.9 million rides during July, first reported by Recode and confirmed by TechCrunch via sources familiar with the matter. In addition to the total ride increase, along with a new record for monthly active riders of over 3 million, Lyft also saw significant growth in the use of its Concierge service, a bulk booking service similar… Read More




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