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Jul 03, 1:30AM
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Would you be comfortable buying glasses sight-unseen? Despite the undeniable rise in online shopping, there are still products we are concerned to buy online. Touching, feeling, wearing, and testing out physical products are where the value of brick and mortar retail truly shines. On high-end purchases, the shopping experience is part of what we pay for. In-store stylists, personal shoppers,…
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Jul 02, 11:24PM
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Update 7:37 PM EDT: SpaceX aborted the countdown at T-9 seconds. More info about the cause of the abort, and whether that’s a wash for today’s launch, should be available shortly. Update 7:41 PM EDT: SpaceX has confirmed that the computer triggered an abort at T-10 seconds because something wasn’t within limits. They still aren’t sure what caused the computer to trigger…
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Jul 02, 11:00PM
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The venture capital industry’s corrosive gender bias, on full display in the past few months, has already cost one of its most valuable new companies billions of dollars; brought about the dissolution of one partnership; and forced the resignation of one of its most public spokesmen. It’s also been on display at our own TechCrunch Disrupt New York conference (more on that later).…
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Jul 02, 10:30PM
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How engineers and regulators can accelerate robots and create amazing jobs in the process
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Jul 02, 10:06PM
Each second in the U.S., an older adult takes a fall, accounting for more than 27,000 deaths from falling among older individuals, according to the CDC. A company based in Haifa, Israel, however, is working on a way to prevent those falls in the first place. B-Shoe Technologies is working on a prototype for a shoe that senses imbalance in every step and uses a mini treadmill-like system to…
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Jul 02, 9:54PM
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Nature has inspired robotics since its earliest days. In 1739, French artist Jacques de Vaucanson gave the world the Digesting Duck, a surreal automaton that appeared to eat — and, yes, poop out — grain. In the middle of the 20th century, British neuroscientist William Grey Walter invented turtle and tortoise robots, so-named for their slow movement and shell shapes. In modern…
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Jul 02, 6:06PM
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Apple has continued to expand its retail footprint in Asia after the iPhone-maker opened its first store in Taiwan this weekend. The inaugural Apple Store is located in Taipei 101, a landmark skyscraper in Taipei, and it is staffed with an initial workforce of 130 employees, Apple said. Doors in Taiwan opened at 11am local time on Saturday, but eager fans had queued for as long as 68 hours…
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Jul 02, 5:36PM
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Microsoft is poised to layoff thousands of employees worldwide in a move to reorganize its salesforce. A source with knowledge of the planned downsizing told TechCrunch that the U.S. firm would lay off “thousands” of staff across the world. The restructuring is set to include an organizational merger that involves its enterprise customer unit and one or more of its SME-focused…
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Jul 02, 5:13PM
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Blue Apron has finally gone public, and we’re at about the halfway point of the year. We’ve seen a lot of IPOs for the first half of 2017, which followed a huge drought last year. All this started when Snap opened up the so-called “IPO window” when it made its debut with a bang, popping the normally-expected 20% or so on its first day of trading. But since then…
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Jul 02, 4:19PM
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What a year (life?) it’s been for white women, people of color and nonbinary people in tech. First, engineer Susan Fowler came forward about her time at Uber, where she says the company ignored her numerous reports of sexual harassment. Then, 3 female founders came forward about their experiences of sexual harassment and unwanted advances with Justin Caldbeck, co-founder of Binary Capital.
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Jul 02, 1:00PM
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Well, why not? I mean, you know, what the hell. Dave Aitel’s proposal over at The Hill for “a cyber investigatory setup funded by private industry” to react to hacks into the American government may not be a good idea, per se, but who can afford that kind of cost-benefit analysis when we’re already in the throes of de-facto high-seas Internet warfare? Let’s just…
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Jul 02, 12:34AM
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Taking an alternative approach to Chris Sacca’s pre-publication statement on the New York Times’ story of his alleged misconduct, Dave McClure waited a day to respond to the allegations made in yesterday’s article. In a Medium post published Saturday evening, McClure neither denies nor defends the actions that he says have cost him the executive position at the firm he founded.
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Jul 01, 11:40PM
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Sorry, Luke — but it looks like both your lightsaber and R2-D2 have new owners. In an auction that I’d like to pretend took place in front of a Sandcrawler in the middle of a desert, someone reportedly just dropped over $2 million dollars on R2-D2.
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Jul 01, 7:00PM
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There’s a widespread belief among founders that venture capital is a precursor to success. VC is a common denominator of the most successful tech startups, but it isn’t a prerequisite. To help illustrate this, here are 35 companies that started with a few thousand dollars, or even just sweat equity, and went on to become exemplars of what I call “efficient…
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Jul 01, 6:39PM
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Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities. The U.S.-based company, which traces its origins back to Singapore, filed initial paperwork on Friday. Certain details — such as how much Razer is looking to raise, its valuation and the timing of the IPO — are not disclosed in the…
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Jul 01, 5:30PM
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Dr. Karim Galil was tired of losing patients to cancer. He was tired of messy medical records. And he was tired of trying to stay on top of all the clinical trials touting one solution or another. Losing patience and patients, Galil decided to create an organized and artificially intelligent system to match those under his care with the best diagnostic and treatment methods available.
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Jul 01, 4:00PM
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San Francisco Bay Area companies raise so much venture capital relative to other places that a lot of little-known cities in the region outrank major metropolises in total funding. In this two-part series, we’ll look at nine under-the-radar places in the Bay Area that punch above their weight class when it comes to attracting startup funding. For today, we’ll focus on the East Bay.
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Jul 01, 9:47AM
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“We called this building Station F, like Station France, Station Femmes [ed. note: women in French], Station Founders or Station Freyssinet because Freyssinet was a great architect and a great entrepreneur,” French billionaire and Iliad founder Xavier Niel told Macron. While Station F was originally built in the 1920s by Eugène Freyssinet, it was supposed to be destroyed in 2011.…
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Jul 01, 12:00AM
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Today’s Stories Facebook is rolling out its ‘Find Wi-Fi’ feature worldwide Delivery Hero’s valuation surpasses $5B following successful IPO Chat app Kakao raises $437M for its Korean ride-hailing service Cabin secures $3.3M for its ‘moving hotel’ Credits Written and Hosted by: Anthony Ha Filmed by: Matthew Mauro Edited by: Chris Gates Notes: Tito…
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Jun 30, 11:44PM
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Dave McClure, the founder and public face of 500 Startups — one of the most prolific and best-known accelerator programs for early stage companies — has stepped away from managing the firm he set up and largely built in his own image. McClure is the latest venture capitalist to be ensnared in the industry’s investigations into alleged sexual misconduct by investors with…
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