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Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M
Sep 28, 8:10AM
The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation which owns $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) for 65.19 percent of Korbit. South Korean… Read MoreCallDesk raises $2.5 million for its AI agent for customer support calls
Sep 28, 8:01AM
It’s time to put an end to these dumb automatic customer support calls that ask you to press 1, then press 4, then press 2, then say “yes”… CallDesk is working on a virtual agent for customer support calls. Think something like Siri for customer calls. Point Nine Capital and EQT Ventures are investing in today’s funding round of $2.5 million (€2.1 million). There… Read MoreHMD's revived Nokia 3310 classic mobile gets 3G
Sep 28, 7:52AM
Nokia brand licensee HMD Global is doubling down on the tech nostalgia card it pulled out back in February, by announcing a 3G version of the colorful candybar Nokia 3310 — now with support for a handful of apps. Read MoreAllBright secures £1.85M Series A, as women-led ventures ramp up in the UK
Sep 28, 7:47AM
Unfortunately, most funding networks are often old boys’ clubs. But more women-led investor firms like BB Ventures, Kapor Capital and Backstage Capital in the U.S. and Allbright in the U.K. are demonstrating to the VC world that you can bring real business AND be intentional about funding diverse ventures, at the same time. Who knew? AllBright – the collective for working women… Read MoreNaspers invests another $775M in food take-out giant Delivery Hero
Sep 28, 7:47AM
Naspers, the South African media and internet giant, has upped its stake in Delivery Hero, the Berlin based food-delivery giant that went public earlier this year and has a market cap of $6.8 billion. Naspers has acquired another 13 percent of the company, 22.4 million shares, equivalent to about €660 million ($775 million), from Rocket Internet. Naspers now owns 26.3 percent of the… Read MoreLa French tech scene brings the noise to TechCrunch Disrupt Berlin this December
Sep 28, 7:04AM
The French tech scene — ‘La French tech’ as they like to call it — has been making waves recently, while France generally has been benefiting from the ‘Macron bounce’. So it’s only right that we highlight whats going on there at TechCrunch Disrupt Berlin, our premier European event. That means bringing over key players from their startup ecosystem.… Read MoreAdAsia snags another $2.5M led by listed Japanese newsreader firm Gunosy
Sep 28, 6:51AM
Japanese news app Gunosy, which listed on the Tokyo Stock Exchange two years ago, has put its weight and money behind ambitious ad tech startup AdAsia. Singapore-based AdAsia, founded in April 2016 by Japanese ad execs Kosuke Sogo and Otohiko Kozutsumi, announced that it has raised a further $2.5 million in addition to the $12 million Series A it closed in April. The additional capital… Read MoreFollowing its $25M ICO, Omise lands strategic investment from Thai bank Krungsri
Sep 28, 6:18AM
Earlier this year Thailand-based Omise held a $25 million ICO to develop a next-generation decentralized payment network, and now the company has closed an undisclosed investment from Thai bank Krungsri (Bank of Ayudhya). Omise has raised over $20 million in VC money — the ICO was for its Omise Go (OMG) division — but this new financing is strategic in nature. The deal itself… Read MoreUber rival Grab quietly backed dock-less bike service oBike
Sep 28, 6:07AM
Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grab invested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a source with knowledge of the deal told TechCrunch.… Read MoreFacebook helps blood donation go viral
Sep 28, 5:30AM
Facebook doesn’t just want to make it easy to sign up to be a blood donor from the News Feed. It’s also creating a special kind of post for requesting blood donations of a certain type in a certain location, and then notifying nearby donors that qualify. While many people are interested and willing to give blood, they might not know how to sign up, where to go, or have the… Read MoreUber and Grab take their ride on-demand battle to Cambodia
Sep 28, 4:53AM
Cambodia is the newest battlefield for Uber and Grab’s ride on-demand battle after both companies expanded into the Southeast Asian country’s capital city Phnom Penh this week. Grab, which recently raised $2 billion from SoftBank and Didi, announced its ‘GrabTaxi’ licensed taxi service on Wednesday. Uber followed suit almost immediately with the launch of its UberX… Read MoreCrunch Report | Amazon's New High-End Echo
Sep 28, 3:00AM
Amazon reveals its high-end Echo, MIT’s CSAIL developed a robot that can wear different exoskeletons, Ford and Lyft tie the knot and Delta gives people free messaging on WhatsApp, Facebook Messenger and iMessage on flights. All this on Crunch Report. Read More
Magic Leap's new website has some bizarre easter eggs for you to decipher
Sep 28, 2:34AM
Magic Leap very well could be one giant, well-funded performance art piece. Today, the augmented reality company (which, again, has yet to launch a product or share any details of a product despite raising absurd amounts of dough) launched a new website. The website is nice. It’s modern, pretty bare bones, it has a new red version of their logo and a sign-up page to “keep in… Read MoreRoku prices IPO at $14, valuing company at $1.3 billion
Sep 27, 11:52PM
Digital streaming business Roku has priced its IPO at $14 per share, raising close to $220 million. This values the company at about $1.3 billion. This is good news for Roku, which had proposed a range of $12 to $14. Earlier reports suggested that the company had been targeting a $1 billion market cap. Roku is in the cord-cutting business. The company’s digital streaming players… Read MoreResponding to a month-long string of disasters, RapidSOS makes its rescue and recovery app free
Sep 27, 11:50PM
The U.S. and its territories have been ravaged by storms in the past month. Maria, which destroyed Puerto Rico, has left 1.5 million American citizens without access to drinking water, while in Houston, the aftermath of Hurricane Harvey is still being felt. And Florida residents are breathing a sigh of relief that the damage from Hurricane Irma wasn’t worse. Tech companies, quick to… Read MoreBtw, Echo Spot buyers…your Chumby still works
Sep 27, 11:26PM
So Amazon announced a smart alarm clock today, the $130 Echo Spot. It works like a smaller Echo Show, allowing you to make calls, including video calls, listen to music, and much more. It’s basically like a modern-day Chumby, said one TechCrunch reporter who has clearly been writing about gadgets for far too long to remember such a thing. Well, I would very much like an Echo Spot, but… Read MoreOnfido raises $30M more for its AI-based identity verification technology
Sep 27, 11:14PM
Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organizations that do business with them. Now a company called Onfido, which has built a way to help websites verify people’s identities using a photo-based identity document, a selfie and… Read MoreZuckerberg details Facebook's response to Puerto Rico's humanitarian crisis
Sep 27, 10:47PM
Tech companies — and the nation — have been slow to mobilize in response to the devastation wrought by last week’s catastrophic Hurricane Maria that decimated Puerto Rico, but today Facebook chief executive Mark Zuckerberg detailed the company’s response. Read MoreThe Echo Spot is the best Echo
Sep 27, 10:41PM
The message of today’s big Amazon event was pretty clear: Echos for everyone, for every need in every room of every home. The company clearly has no desire to create one device to rule them all. Instead, it’s building out micro functionality, with every product designed to target different needs for different users. Read MoreNASA and Russia agree to work together on Moon space station
Sep 27, 10:19PM
At this year’s International Astronautical Congress, NASA and Russia’s space agency, Roscosmos, signed a joint statement expressing their intent to work collaboratively toward the development of a space station further out from Earth, orbiting the Moon, as a staging point for both lunar surface exploration and deeper space science. 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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