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Hoop app for millennial parents secures £2.4M in a round led by BGF Ventures
Sep 27, 7:42AM
You’d think that parents being able to find stuff for their kids to do would have been a solved problem by now, but apparently not. Indeed, the trend is towards more on-demand content on phones in this area which is why the Sawyer, based out of New York managed to close a round of financing recently, that included the Chan Zuckerberg Initiative. The trend has now hit the UK with Hoop,… Read MoreRevolut launches cell phone insurance in the U.K.
Sep 27, 7:01AM
Fintech startup Revolut is trying so many things at once that it’s hard to keep track of everything. This time, the company is partnering with Simplesurance to launch a new insurance product. You can now insure your cell phone for £1 per week/£42 per year, which represents $1.35 per week/$56.50 per year. Most telecom companies already provide cell phone insurance options. But they tend… Read MorePi Labs, a 'pre-Series A' property tech VC based in London, closes $10M second fund
Sep 27, 7:00AM
Property Innovation Labs (Pi Labs), an accelerator-turned-early-stage VC fund that invests in property tech startups ‘pre-Series A’, has closed a second fund of $10 million, from which it plans to make a total of 35 investments. Read MoreAlibaba's Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong
Sep 27, 3:47AM
Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s MyBank digital bank dominate in China, where they are used by over 450 million consumers, and this year Ant has broadened its presence with deals in Southeast Asia, Korea and India. The idea is… Read MoreKik raises nearly $100M in highest profile ICO to date
Sep 27, 2:22AM
The highest profile ICOs from a consumer internet company to date has come to a close after messaging app Kik raised nearly $100 million from its token sale. The exact amount is 168,732 ETH — around $47.5 million based on today’s $282 ETH price — came from over 10,000 backers. Combined with $50 million raised in a pre-sale for institutional investors the grand total is… Read MoreGoogle suddenly removes YouTube access from the Amazon Echo Show
Sep 27, 2:14AM
YouTube pulled a no-show on Amazon’s Echo Show today. Google pulled the video service from the smart speaker this afternoon, a move Amazon doesn’t seem too happy about. Echo Show owners weren’t given any advance warning previous to the removal. An Amazon spokesperson confirmed the service had been pulled in a statement, also implying that the move came as a surprise to… Read MoreThe Inside, a maker of so-called fast furniture, lands $1.5 million from Forerunner
Sep 27, 12:29AM
Seventeen years ago, Christiane Lemieux created DwellStudio, a popular catalog and e-retailer that built one brick-and-mortar store in SoHo before getting acquired for undisclosed terms in 2013 by the online store Wayfair. Now, she’s back with The Inside, a two-person, New York-based direct-to-consumer home decor brand that’s creating fashionable made-to-order furniture, and which… Read MoreOculus will start refunding users for bad VR content
Sep 27, 12:08AM
Oculus wants people to keep buying VR content, but one bad experience with an overpriced piece of crap game can rub a user the wrong way. Today, the company announced that they’re putting formal processes in place for users to get refunds for VR content that didn’t meet their expectations. There are obviously stipulations, the major one being that for Rift titles you must have… Read MoreAntidilution: the other way VCs take more of your startup's equity
Sep 26, 11:09PM
Startup funding may seem like a cut-and-dry affair. Money goes into a startup in exchange for shares in the startup. Easy enough, right? Not so much. There are plenty of complex terms, clauses, provisions and other conditions written into investment agreements. So in this series, we’re exploring how some of the most common funding terms affect the fundraising process. Read MoreThe makers of the Solarin secure cellie are building a bitphone
Sep 26, 9:18PM
Bitcoin-powered cellphones — basically phones that can securely hold and send cryptocurrencies — have long been a fascinating if undeveloped concept in the crypto community. When phones talk to each other using BTC or other currencies — whether it’s to pay bills or send money to friends — you open up an interesting world of commerce. Read MoreFollowing AWS, Google Compute Engine also moves to per-second billing
Sep 26, 9:08PM
A week ago, AWS announced that it would soon move to per-second billing for users of its EC2 service. It doesn’t come as a huge surprise, then, that Google today announced a very similar move. Google Compute Engine, Container Engine, Cloud Dataproc and App Engine’s flexible environment virtual machines will now feature per-second billing. Read MoreSignal update keeps your address book secret, keeps it safe
Sep 26, 9:05PM
No one would use a secure messaging service like Signal if you couldn’t find out who else was on it — but how can you trust Signal and others not to snoop when you submit your contacts for it to check against its list of users? You shouldn’t have to — it should be impossible. That’s the intention of an update to the app that makes contact discovery even more private. Read MoreTwitter trials expanding tweets from 140 characters to 280
Sep 26, 9:00PM
Twitter for the first time is expanding beyond its 140-character limit, the company announced today. The social network says it will now try out a longer limit of 280 characters in select languages, including English, in order to allow people to share their expanded thoughts without running out of room to tweet. Read MoreAtaribox will be an open, Linux-based console priced starting at $249
Sep 26, 8:47PM
The upcoming Ataribox retro gaming console will indeed ship with a selection of classic Atari games, as many suspected when the thing was initially announced – but it’ll also have a Linux OS on board and the ability to play games from other platforms, since it’s going to keep the “open” nature of the OS instead of trying to lock it down to Atari content only.… Read MoreRoivant receives bad news — and so does SoftBank
Sep 26, 7:57PM
Last month, SoftBank, through its massive Vision Fund, led the single biggest private financing round for a healthcare company ever — funneling $1.1 billion into the drug holding outfit Roivant Sciences. Today, the Japanese conglomerate might be regretting that decision. Read MoreGoogle Cloud acquires cloud identity management company Bitium
Sep 26, 7:14PM
Google Cloud announced today that it has acquired Bitium, a company that focused on offering enterprise-grade identity management and access tools, such as single-sign on, for cloud-based applications. This will basically help Google better manage enterprise cloud customer implementation across an organization, including doing things like setting security levels and access policies for… Read MoreHow Europe's changes to copyright law will affect America
Sep 26, 7:00PM
Europe is considering changing its copyright law. At first blush, you might think that this couldn’t possibly affect the way you debate the news of the day online, upload family videos or run your startup. But popular proposals at the EU would strike at the heart of the internet’s openness and accessibility as a platform by raising new barriers to interactive online services… Read MoreThe Apple TV is back on Amazon
Sep 26, 6:39PM
The Apple TV is back for sale on Amazon after a two-year hiatus – a move that was expected following Apple CEO Tim Cook’s announcement in June that Amazon’s Prime Video app would arrive on Apple TV later this year. The two companies had clearly come to an agreement that benefitted their mutual interests – for Amazon, that meant getting its streaming video app onto Apple… Read MoreUber is pulling out of Québec due to regulatory issues
Sep 26, 5:47PM
Uber is planning to cease operations in Québec next month due to some newly proposed regulations by the Ministry of Transportation. Uber’s last day of operations in Quebec will be October 14. Read MoreYomee wants to take the guesswork out of culturing yogurt at home
Sep 26, 5:00PM
In a post-Juicero world, the bar has been set high for any piece of smart kitchen hardware that only makes one type of food. Enter Yomee, which bills itself as the Keurig of fresh yogurt and is now raising funds on Kickstarter. Lecker Labs, the startup behind Yomee, hopes that its relatively low price (each unit will retail for $99) and cost-savings will let it succeed where Juicero failed. 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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