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Alibaba debuts 'smile to pay' facial recognition payments at KFC in China
Sep 04, 6:00AM
China is streets ahead when it comes to digital payments. The latest leap is facial recognition technology that allows a customer to pay by literally flashing a smile. Alibaba’s Ant Financial affiliate launched the ‘smile to pay’ service in Huangzhou, the location of the company’s global HQ, where it is being trialled with KFC. As the video from Ant below shows, the… Read MoreConsumer internet startups go mainstream outside of Silicon Valley
Sep 04, 2:00AM
In the past year, New York has reached a tipping point as consumer-facing startups proliferate and similarly Los Angeles is gaining notice with the success of Snap and Dollar Shave Club among others. Read MoreJeff Bezos should totally buy a coffee startup
Sep 03, 8:00PM
The benefits of Amazon’s $13.7 billion acquisition of Whole Foods more or less went live this week, with price cuts out the wazoo as well as a bunch of Amazon Echo devices available for sale in stores. With this massive move into grocery chains and the obvious branding play, as well as tangential benefits like suddenly getting access to hundreds of locations with fresh ingredients that… Read MoreTim Cook says he stands behind the 250 Dreamers currently working for Apple
Sep 03, 5:55PM
Tim Cook was among the top tech leaders who sat down with Trump ahead of inauguration in hopes of helping shape the new president’s tech policy. But like many of those who held a glimmer of hope for some post-election softening of campaign rhetoric, Apple’s CEO has found more than a few reasons to push back. In the wake of the violence in Charlottesville last month that ended in… Read MoreReal news of fake reviews
Sep 03, 1:00PM
Goodhart’s Law, as phrased by Mary Strathern: “When a measure becomes a target, it ceases to be a good measure.” Honored more in the breach than the observance, alas. Our algorithmic world has turned so many measures into targets, and by doing so ruined them. Let’s talk about just one example: let’s talk about books. “#1 Bestseller!” That’s a mark… Read MoreHabito, an app that helps you find the right mortgage, raises £18.5M Series B led by Atomico
Sep 03, 7:54AM
Habito, a London startup that is bringing the entire mortgage process online, has raised £18.5 million in Series B funding. Atomico, the European VC firm founded by Skype’s Niklas Zennström, led the round. Read MoreWatch astronaut Peggy Whitson return to Earth after 288 days in space
Sep 02, 8:45PM
Record-setting astronaut Peggy Whitson is coming back from space as the cumulative record holder for longest time spent floating up among the stars and you can watch the live stream of her touching down to Earth tonight. The de-orbiting burn will start around 5 pm Pacific, with the landing taking place at 6:22 pm Pacific time (or Sunday at 7:22 am where she’ll land in Kazakhstan).… Read MoreTwitter's terms of service are making people mad — but they're not new
Sep 02, 6:47PM
Twitter is making some minor changes to its terms of service (ToS) for users outside of the U.S. this October and a lot of people are rather upset about them. What seems to be the trigger here is that these “new” terms are going into effect for the rest of the world on October 2nd and Twitter is likely notifying its users of this update now. The new ToS takes out a few things… Read MoreGrubHub trial could have major implications for the gig economy
Sep 02, 6:13PM
Next week, GrubHub will face two of its former drivers in court, which could set a precedent for future cases around the 1099, gig economy. The trial, which is the first of its kind in California, looks to answer the question many in the tech industry have had for years: Should a worker for on-demand companies be classified as an independent contractor or as a W-2 employee? The suit, which… Read MoreIFA 2017's biggest announcements
Sep 02, 5:00PM
The September time frame positions the Berlin show perfectly as a launch pad for holiday products. As such, some of tech’s biggest names use it to debut some of their biggest products of the year. It’s also proven a solid showcase for some of the wackier startups that have had a tough time getting noticed at larger shows. Here is a list of the best that this year’s IFA has… Read MoreGillmor Gang: Summer School
Sep 02, 5:00PM
The Gillmor Gang — Denis Pombriant, Keith Teare, John Taschek, Frank Radice, and Steve Gillmor. Recorded live Thursday, August 31, 2017. G3: Exit Interview recorded live Thursday, August 31, 2017 with Francine Hardaway, Elisa Camahort Page, Maria Ogneva, and Tina Chase Gillmor. @stevegillmor, @jtaschek, @kteare, @fradice, DenisPombriant Produced and directed by Tina Chase Gillmor… Read MoreFunding your bliss: mindfulness startups scale up
Sep 02, 5:00PM
The connected life is not necessarily the good life. Too often, it seems like we are squandering our time checking devices, losing touch with fellow humans and cultivating bad habits in the pursuit of instant gratification. If only an app could fix that. Welcome to the world of mindfulness and wellness apps. Read MoreAfter Harvey, ignore the climate debate and focus on building better, more efficient cities
Sep 02, 4:59PM
In the intervening years since those storms, the nation has been continually pummeled by “historic” climatological events. While the country has been taking this beating from Mother Nature, the conversation in statehouses, city halls and Washington has been bogged down in a discussion about climate change. What causes it, what to do about it, and whose fault it is that… Read More10 of the most-funded startups to fail in 2017
Sep 02, 4:30PM
Startups rise and startups fall. 2017 has seen some prominent startups go under. What follows are 10 of the best-funded companies to close in the first nine months of 2017. Ultimately not all is lost. Experience is gained and lessons are learned. But as companies fall, more jump up in the spirit of entrepreneurship. Read MoreThe product design challenges of AR on smartphones
Sep 02, 4:00PM
AR is seductive. The more you think about it, the bigger you realize it is going to be, and the more great ideas you have that are completely new. The problem is that the tech or UX probably doesn’t support it quite yet. Read MoreFinal 2-for-1 Disrupt Berlin ticket release happening Wednesday 9/6
Sep 02, 8:00AM
Alright, European TechCrunch fans, time to listen up — we’ll soon be releasing our final batch of Disrupt Berlin 2017 tickets at the deeply discounted rate of two for the price of one. Yes, you read that right. If you act now, you can score not one but two whole Disrupt tickets for the price of one. That’s half off tickets to an event best described as the hottest startup… Read MoreGoGoVan becomes Hong Kong's first $1 billion startup following merger deal
Sep 02, 4:16AM
At our TechCrunch China event in June we discussed the bright future that Hong Kong’s startup scene has, despite some big challenges. This week the country passed a notable milestone as it got its first $1 billion valued startup, better known as a unicorn. The company in question is GoGoVan, a logistics on-demand provider that connects van drivers and customers for transporting goods. Read MoreCrunch Report | Juicero Runs Out Of Juice
Sep 02, 3:00AM
Juicero, the company that created the $400 juicer, is shutting down, Tinder hits top-grossing app on the App Store, and Google reveals the top things people want to find out how to do. All this on Crunch Report. Read More
Understanding Roku's IPO and its growing platform revenues
Sep 02, 12:56AM
In a pleasant Friday surprise, Roku dropped its S-1 document today, detailing its financial performance and corporate strategy. The filing indicates that the company intends to raise $100 million in its debut. The figure is a widely-recognized placeholder number. The company could raise more or less in its IPO. Follow Crunchbase News on Twitter & Facebook As a private company,… Read MoreHackers claim to have personal info of millions of Instagram accounts, including celebs
Sep 01, 11:23PM
A group of hackers used a bug earlier this week to scrape the phone numbers and email addresses of six million Instagram accounts and are now selling that information on the web. The hackers mainly targeted celebrities and verified users, including Selena Gomez, who’s account was hacked two days ago. The hackers used this glitch in Instagram’s system to start posting nude pictures… Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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