Thursday, July 27, 2017

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Slack is raising a $250 million round at $5 billion valuation

Jul 27, 4:25AM

 Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round last month, but… Read More

In the murky world of ICOs, this young founder aims to lead the way

Jul 27, 3:15AM

 When it comes to initial coin offerings, or ICOs, there’s plainly a lot that investors still don’t understand. Though start-ups and founders have raised more than $1 billion so far 2017 by selling custom-made virtual currencies to anyone willing to buy them, it’s been unclear whether and which tokens might eventually be categorized as securities; how ICOs impact… Read More

Crunch Report | SEC Starts Regulating ICOs

Jul 27, 3:00AM

Smallest spacecraft ever launched makes it into low-earth orbit, the SEC starts regulating ICOs and a new dating app only for verified Twitter users. All this on Crunch Report. Read More

Amazon Prime Now launches in Singapore, its first market in Southeast Asia

Jul 27, 2:30AM

 It’s official — Amazon has launched its Prime New delivery service in Singapore, its first market in Southeast Asia. The Amazon apps went live in Singapore early last night local time, and Prime Now — an aggressive two-hour delivery service — is available to Singapore’s population of over five million people from today. The launch includes “tens of thousands… Read More

HTC teases a standalone Vive VR headset for China

Jul 27, 1:00AM

 Today at ChinaJoy, HTC announced that it is working on a standalone headset for Chinese markets built on its own Viveport content platform. The headset appears to be cosmetically identical to the one which HTC is bringing to the U.S. with Google. The differences between the headsets seem to lie largely on the differences in tracking technologies and VR platforms themselves. While the U.S.… Read More

HotelTonight now lets you upgrade to a suite for 50% off

Jul 27, 12:37AM

 Hotel Tonight just launched a new feature that lets users upgrade to suites on the cheap. If available, the option will pop up during checkout, and will always cost less than 50% of the standard upgrade rate. And at first glance prices in the app seem pretty affordable — some hotels are offering upgrades for less than $50, with only a few hotels pricing upgrades in the hundreds. Read More

A running list of every company backed by the $93B SoftBank Vision Fund

Jul 26, 11:08PM

 When SoftBank announced the first close of its $93 billion Vision Fund back in May, it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. For starters, it seemed like a good idea to keep a running list of all Vision Fund investments for reference. We will update this list on a regular basis. Read More

Kaspersky Lab releases free antivirus software in global push

Jul 26, 10:43PM

 Kaspersky Lab has launched a free version of its antivirus software in the U.S. with plans for a global rollout over the next four months. Called Kaspersky Free, the software provides the core essentials, including email and desktop antivirus protection, the ability to quarantine infected files, as well as automated updates. The free version lacks some of the premium features users can… Read More

Here's how much the best Overwatch players will make in Blizzard's new pro league

Jul 26, 10:04PM

 E-sports is maturing at a rapid pace. What once was only found on a Twitch stream here and there is now becoming the new favored spectator sport for an entire generation of gamers. Blizzard recently announced the first city-based e-sports league for the ultra-popular game Overwatch. As a follow-up, Blizzard has outlined some of the standards for signing and employing professional players. Read More

Medium acquires Talkshow Industries, with CEO Michael Sippey becoming Medium's head of product

Jul 26, 9:43PM

 Medium has a new head of product, while the startup behind the defunct texting app Talkshow appears to be done for good. Talkshow Industries was led by Michael Sippey, who’d spent two years as vice president of product at Twitter. The company’s first product was the Talkshow app, which allowed you to follow other users’ text message conversations. Read More

WhatsApp hits 1B daily users while its Snapchat clone rockets to 250M

Jul 26, 9:33PM

 Facebook is winning the race to bring Snapchat’s Stories format to the rest of the world before its originator. WhatsApp Status, its version of Snapchat Stories, now has 250 million daily active users. That’s despite it being relegated to a secondary dedicated tab in the app, opposed to being front and center on the home screen like Instagram Stories which also now has over 250… Read More

Logitech Circle 2 is a great surveillance system, but for a price

Jul 26, 9:24PM

 Accessible home monitoring should be more than just being able to buy a security camera. It means having a packaged software experience, where you should be able to link cameras over a secure cloud connection while mounting them on walls, glass or the outdoors. Because we live in the age of connected devices, being able to interface with Alexa and HomeKit software should not only be a bonus but… Read More

Microsoft launches Windows Bounty program, offering awards up to $250,000

Jul 26, 9:10PM

 Microsoft has been running a bounty program for a few years now, launching it just ahead of the release of Windows 8.1 back in mid-2013. At the time, the company was awarding up to $50,000 for exploits, in an attempt to help address any potential security issues before they could become a larger public concern. Read More

Walmart cancels SNES Classic pre-orders, says 'technical glitch' made it appear

Jul 26, 8:48PM

 A few days ago — seemingly out of nowhere — a product page for Nintendo’s upcoming SNES Classic went live on, complete with a pre-order button. The Twitterverse lit up with people trying to share the news before the resellers caught on. As did my phone. Didn’t get your pre-order in? That’s okay. It looks like no one is getting them. Read More

Meg Whitman steps down from HP's board

Jul 26, 8:35PM

 Meg Whitman is stepping down from HP Inc.’s board, where she was chairman, the company announced Wednesday. Chip Bergh, CEO of Levi Strauss, will be taking her place. Whitman remains at the helm of HP Enterprise. The two companies split in late 2015. HP is the maker of computers and printers, whereas HPE is the enterprise business. Read More

Tesla's Top 10 Project Loveday videos reveal truly dedicated fans

Jul 26, 8:22PM

 Tesla is holding a video contest at the suggestion of a 10-year old fan named Bria Loveday, who asked the automaker to hold a competition among fans to see which ones could create the best videos celebrating their Tesla love. The submissions are all in, and Tesla is set to reveal its top 3 picks at Friday’s special Model 3 event at its headquarters in California. The top 10 video… Read More

Facebook beats in Q2 with $9.32B revenue despite slower user growth

Jul 26, 8:10PM

 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue growth is slowing, in line with Facebook’s warning to investors that it was running out of space to show… Read More

PayPal growing faster than expected

Jul 26, 8:09PM

 Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3 percent from last year. Read More

Facebook's CSO: the security industry needs to change

Jul 26, 8:06PM

 Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a “family” — then gave a speech which felt a little like an… Read More

The CRISPR patent battle is back on as UC Berkeley files an appeal

Jul 26, 7:25PM

 The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that earlier this year ruled in favor of the Broad Institute of MIT and Harvard. Read More

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