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Digital wealth manager Moneyfarm acquires tech behind fintech chatbot Ernest
Oct 06, 7:00AM
Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. Read MoreFounders Fund backs Home61, a real estate platform for the middle class
Oct 06, 5:49AM
Most real estate agents are commission-based and incentivized to focus on the big sales. That results in inefficiencies for lower class home buyers, who may have to wait longer to view properties and receive less guidance on paperwork. A Miami-based startup called Home61 has been working on a solution for this category of buyers and renters, which it refers to as the “other 80%.”… Read MoreCrunch Report | Netflix Is Raising Prices
Oct 06, 3:00AM
Netflix is raising prices, you can now syndicate your stories from Instagram to Facebook, Magic Leap tells us nothing about what it’s doing and Amazon is testing and optimizing its own delivery service. All this on Crunch Report. Read More
Kickstarter's most successful fundraiser shares lessons from a failed campaign
Oct 06, 1:52AM
PodCase’s search for $300,000 on Kickstarter has ended — not with a bang but a whimper. Earlier this week, the company posted an update to its page, explaining that it would not be continuing the campaign after having pulled in less than a tenth of its goal, with around three days left. “As I’m sure you can see, this project was way less successful than we had… Read MoreAt the intersection of technology and private equity
Oct 05, 11:01PM
It’s been said that private equity has a crush on technology. But dismissing the growing relationship as a crush would not only do it a significant disservice, it would miss the undercurrents at play that are making technology such an attractive, long-term private equity target. Read MoreHonest Company may be raising a down round
Oct 05, 10:46PM
The Honest Company, the five-year-old natural body and home care products company cofounded by the actress Jessica Alba, looks to be raising $75 million in new venture capital funding at $19.60 per share, according to a Delaware filing first spied by CBInsights and reported by Axios. The amount is a far cry from the $45.75 per share price point of the company’s $100 million Series D… Read MoreDigital magazine platform Issuu adds support for subscriptions and single-issue sales
Oct 05, 10:13PM
Issuu is giving publishers another way to make money from the digital magazines published on its platform. Previously, they could monetize their magazines through advertising or by using the content to drive purchases elsewhere. Now, Issuu is enabling digital sales, which means publishers can charge their readers for subscriptions and single issues. Read MoreMeal kit startup Gobble has raised $15 million in Series B financing from Khosla
Oct 05, 9:59PM
Gobble, a 15-minute meal kit delivery service, has raised $15 million in Series B growth financing from Khosla Ventures, TechCrunch has confirmed. Khosla Ventures led the round, along with participation from previous investors A16z, Trinity Ventures and Initialized Capital. Gobble came out of Y Combinator in 2015, around the same time many DIY meal kit services started to falter. For a while,… Read MoreNintendo bumps Switch production to meet holiday demand
Oct 05, 9:56PM
If you were worried you might not be able to pick up a Switch for your loved one (i.e. yourself) in the forthcoming holiday festival of consumerism, worry not. Or a little less, anyway. Nintendo is looking to up its production to 2 million units per month. Read MoreTransit aggregates bike-share bike locations from multiple services in Seattle and Washington, DC
Oct 05, 9:29PM
With multiple bike-share services to choose from, it can be a pain to open up two or three apps just to see which has the bike closest to you. Transit, an app that shows (you guessed it) transit options nearby and recently raised $5M, now tracks multiple services on its maps of Seattle and Washington, D.C., showing you the best bike to go to regardless of who operates it. Read MoreFacebook quietly launches Mac and PC Workplace Chat apps with screen share
Oct 05, 8:15PM
TechCrunch has discovered that Facebook has stealthily launched official desktop PC and Mac chat apps with screen sharing — two features users have been begging for. Right now, they’re only available for Workplace, Facebook’s enterprise collaboration software that competes with Slack and other business apps. But users would surely enjoy if the consumer Messenger app got its… Read MoreNew research shows that apps can help combat screen addictions
Oct 05, 8:04PM
Any human advancement has been fraught with the opportunity for misuse and abuse, and the internet is no different. And just as mobile technology and the apps that have been built for the new communication platform have created these problems with its omnipresence, a few tech companies are also looking to leverage that same omnipresence and messaging functionality to solve them. Read MoreGoogle Compute Engine goes a little crazy with up to 96 CPU cores and 624 GB of memory
Oct 05, 6:46PM
If you’ve got a resource-hungry app, Google Compute Engine’s latest offering has you covered. It lets you dial up to 96 CPUs and an other-worldly 624 GB of memory. Remember Bill Gates allegedly asking who would ever need more than 640K of memory. He obviously didn’t see this coming. If you think that’s a lot, you aren’t kidding, and believe it or not it’s a… Read MoreSony and reMarkable's dueling e-paper tablets are strange but impressive beasts
Oct 05, 6:43PM
Poor paper. It’s in that ironic category where those who love it the most are the ones trying their hardest to replace it. Case in point: Sony and reMarkable, a pair of companies as unalike as you’re likely to find, yet with the shared mission of making a device that adequately serves the same purpose a few sheets of paper do. Read MoreA list of everything Magic Leap has released so far
Oct 05, 6:17PM
Things released by Magic Leap, a company which has raised $1.4B from investors, to date: A patent for some chill looking glasses Rumors of a new $500M funding round A description of the eye-tracking interface by Warriors great Andre Iguoudala Its head of PR A discrimination lawsuit A promise of review units Rambling blog posts Website easter eggs A spy pic of a prop from The Rocketeer This… Read MoreOnline lender Earnest sells to Navient, in a disappointing deal for investors
Oct 05, 5:52PM
Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to report the news. The exit isn’t so great for Earnest’s investors. They’d plugged roughly $320 million in cash and debt into the company, which was initially centered around… Read MoreRussian intelligence reportedly breached the NSA in 2015, stealing cybersecurity strategy
Oct 05, 5:50PM
The NSA suffered a serious breach in 2015, exposing the agency’s cyberwarfare strategy, including its own defenses and methods of attacking foreign networks, reports The Wall Street Journal today. Russian intelligence is said to be behind the attack, and software from Russia-based Kaspersky labs is suggested to have been their vector. Read MoreDownload the new, completely redesigned TechCrunch mobile app
Oct 05, 5:45PM
The TechCrunch mobile app was in dire need of a refresh, so we rebuilt it from the ground up. Starting today, you can download the new app in the iOS App Store or Google Play store. If you already have the old version of the app installed on your phone, all you need to do is update it to get the new version. Read More'Blade Runner 2049' doesn't quite match the original, but that's okay
Oct 05, 5:35PM
If there’s a classic science fiction movie that absolutely doesn’t need a sequel, it’s Blade Runner. After all, how could a second film improve on the original’s depiction of futuristic Los Angeles? Even if the real L.A. seems unlikely to acquire quite as many flying cars and giant neon billboards by 2019, Blade Runner‘s city still sets the standard for seedy… Read MoreTraaqr connects your online identity with your real one
Oct 05, 4:45PM
Traaqr, a St. Louis-based company, has just announced the launch of their interesting and clever new service. Essentially the system connects online interactions with real world customer service representatives, ensuring accurate attribution when someone goes from your website to your phone bank. Created by entrepreneurs Brian Handrigan, Jeff Linihan, and RJ Jones, the company has raised… 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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