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AirTree Ventures raises $250M fund to turn Ozzie funding upside-down
Sep 12, 1:05PM
Woah, crikey, mate! AirTree Ventures just announced it has raised the largest venture fund Australia has seen to date. The fund will be split down the middle, half for an early-stage fund and half for an opportunity fund. AirTree will focus on founders and startups that have a connection to the land down under and is aiming to hand out cash at seed and series A and B stages. Read More
LinkedIn courts users in India with LinkedIn Lite, online job placement tests, business tools
Sep 12, 12:55PM
As LinkedIn continues to wait for the close of its $26.2 billion acquisition by Microsoft, it continues to build out its business, with the latest developments on the international front. Last week, LinkedIn announced that it had hit 100 million users in Asia Pacific (around one-quarter of its total), and today at an event in Delhi, India, it unveiled three new products it’s rolling out… Read More
Phononic raises $30 million to rethink refrigeration
Sep 12, 12:55PM
A startup based in North Carolina’s Research Triangle Park, Phononic, wants to make refrigeration and temperature control far more efficient, and steadier, than is possible with traditional systems. Instead of relying on vapor compressors, fans, chillers or passive heat sinks, Phononic makes semiconductors that are smaller than a dime, and actively remove heat from the places or… Read More
Twilio study: most consumers now want to use messaging to interact with businesses
Sep 12, 12:00PM
Twilio, the developer-centric communications platform that successfully IPOed earlier this year, published a new study today about how consumers want to use tech to talk to businesses and brands. The study, which the market research firm Vanson Bourne performed for Twilio by surveying 6,000 consumers in Europe, Asia and North America, shows that nine out of ten consumers would like to be able… Read More
Verizon acquires Sensity Systems to add LED light control to its IoT platform
Sep 12, 11:47AM
While Verizon continues to work towards closing its acquisition of Yahoo to boost its media and consumer Internet business (which also includes ownership of AOL, which owns TechCrunch), the company has made another acquisition to keep building out its enterprise services, too. The carrier has bought Sensity Systems, a startup based out of Sunnyvale (also home to Yahoo!) that has built… Read More
Video ad company Teads acquires Brainient
Sep 12, 11:00AM
Teads, the video ad company that last month raised $47 million in debt financing in order to go on a buying spree of other adtech startups, is staying true to its word. Today it’s announcing the acquisition of UK and Romania-based Brainient. Read More
Get into TechCrunch's Fintech Pavilion at Disrupt London for free — Apply now
Sep 12, 10:08AM
Great tech talent, an excellent regulatory environment and a world-class city has turned London into the FinTech capital of the world. And there’s a boom on. UK fintech firms secured $5.4 billion of the $49.7 billion of global investment in financial tech between 2010 and 2015, compared with the total $4.4 billion raised across the rest of Europe, according to research from Fintech… Read More
HP is buying Samsung's printer business for $1.05 billion
Sep 12, 10:06AM
HP is buying Samsung’s printer business for $1.05 billion in a move aimed at “disrupting” the dusty and stale printing industry. Read More
Samsung's heir apparent to take a company board seat
Sep 12, 9:33AM
Samsung has made a significant move among its leadership ranks after Jay Y. Lee, son of company chairman Kun-Hee Lee and its expected future leader, was nominated to the company’s board. Read More
Only 5 more days to save £400 on tickets to Disrupt London
Sep 12, 9:00AM
Are you looking to attend the hottest startup show in the UK for the cheapest possible price? You’re in luck. Extra early-bird tickets to Disrupt London 2016 are on sale now through Friday, September 23, giving you until the end of the week to get your tickets and save £400 in the process. You can get your tickets here. Your extra early-bird ticket gets you into all the events that… Read More
iPrice adds price comparison to its one-stop e-commerce site in Southeast Asia
Sep 12, 8:37AM
Southeast Asia-based shopping site iPrice has introduced a major update that bring direct price comparison to its e-commerce aggregation service. Read More
GenieBelt, a European project management platform for the construction industry, raises €2M
Sep 12, 7:00AM
GenieBelt, a European startup co-founded by Klaus Nyengaard, the former CEO of Just Eat, has built a project management and communications platform for the somewhat antiquated construction industry. And, now that the so-called ‘ConTech’ company feels that it has found market fit for its wares, it’s secured €2 million in new investment to ramp up marketing for the platform. Read More
Supermodel Natalia Vodianova joins Disrupt in London to talk about digital philanthropy
Sep 12, 5:56AM
TechCrunch Disrupt in London is beginning to appear over the horizon. We’ve already announced that Accel’s Sonali De Rycker and Atomico’s Niklas Zennström will be on our stage. Today we’re delighted to say that we’ll also be joined by world-famous supermodel Natalia Vodianova. The Russian model, philanthropist and occasional film actress is well-known for her… Read More
A cautionary tale about humans creating biased AI models
Sep 12, 5:00AM
The AI field lacks diversity — even more spectacularly than most of our software industry. When an AI practitioner builds a data set on which to train his or her algorithm, it is likely that the data set will only represent one worldview: the practitioner’s. The resulting AI model demonstrates a non-diverse “intelligence” at best, and a biased or even offensive one… Read More
With a team hailing from around the world Imprompt.io hacks on the fly communications
Sep 12, 4:39AM
The team hailed from Lagos, New York, and suburban New Jersey and had been up for nearly 24-hours working on imprompt.io, a new collaboration tool for meetings on-the-fly for the TechCrunch Disrupt SF Hackathon. It’s a problem the hacking team knew quite well. Hailing from the coding staffing company Andela, which pairs top-tier developers from Africa with startups and large tech… Read More
Toyota's Prius Prime is engineered to give hybrid owners more EV feels
Sep 12, 4:24AM
Toyota’s Prius Prime is an updated take on the company’s popular hybrid, with more emphasis on the EV aspects of the vehicle, including a battery with double the driving capacity, and a few other tweaks that push the car closer toward the EV end of its dual identity, including an acceleration feature that lets the electric motor handle much of the pick-up when you first put your… Read More
Toyota's VR drive through a Syd Mead-created world is a near-future trip
Sep 12, 4:00AM
How do you convince a potential car buyer your vehicle is a future-focused choice? One way is to get one of the most iconic creators of cinematic futurescapes to help you build a virtual world that people can drive the car through themselves. Toyota enlisted Syd Mead, the creative visionary behind Blade Runner and Tron‘s vehicles, architecture and more. Mead provided concept art and… Read More
Michelle Obama asked girls to build solutions to improve access education
Sep 12, 2:24AM
Worldwide, there are 62 million girls without access to traditional education due to a lack of resources, safety and general attitudes about girls and women. In order to address this issue, First Lady Michelle Obama teamed up with AOL (TechCrunch’s owner) to launch the Let Girls Build track as part of the Built By Girls challenge, which recently culminated with a pitch day at… Read More
US buyers gorge on startups while Europeans nibble
Sep 12, 1:34AM
U.S. companies have a massively greater appetite for startups than their European counterparts. Over the past five years, U.S. companies have purchased about four times as many startups as European acquirers, according to a new report from CrunchBase and entrepreneurship foundation Mind the Bridge. The study looked at about 6,000 acquisitions by European and U.S. companies since 2012 and… Read More
Why app development is going micro
Sep 12, 1:00AM
Application development has long been fraught with peril: Projects become bloated, expensive and never ship. The “micro” trend in application development is focused on delivering bottoms-up, simple solutions to complex problems. Micro services, apps and flows offer a new way to weave existing systems in novel, organic ways in order to deliver solutions immediately. Read More
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