Monday, October 23, 2017

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Countingup, a startup from founder of Clear Books, raises ​$750K to merge banking and accounting

Oct 23, 7:00AM

 Countingup, a new fintech startup from Tim Fouracre, who previously founded cloud accounting software Clear Books, wants to simplify the life of sole traders by reinventing the business bank account. Specifically, Fouracre’s vision is that for one-person enterprises, business banking and accounting software should be merged so that book keeping and filing accounts can be automated. Read More



SoFi held acquisition talks with Charles Schwab

Oct 23, 5:20AM

 SoFi, the online lending giant, held conversations with Charles Schwab about a potential acquisition by the brokerage firm, according to a source with knowledge of the discussions. The M&A talks were first reported by the Financial Times and were said to take place earlier this year. In addition to Charles Schwab, the FT reported that there were discussions with several other unnamed… Read More



Unboxing Stitch Fix's S-1

Oct 23, 1:30AM

 When Zuiily went public in 2013, it sparked a resurgence of interest in an otherwise lagging e-commerce market. Quickly trading up to reach an $8B market cap — valuing the company at over 10 times revenues — Zulily became the poster child of the flash sales boom. Over the ensuing months and years, concepts such as curated commerce, conversational commerce, flash sales,… Read More



Winnow raises further $7.4M for its smart kitchen tech that reduces commercial food waste

Oct 22, 11:01PM

 Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, continues to be on a roll. It counts the likes of IKEA, Compass Group, and AccorHotels as customers, and estimates its 600-plus clients are saving 4,300 tonnes of food waste annually through the use of the Winnow system. Read More



Essential Phone gets a $200 price drop, existing customers get credit

Oct 22, 10:30PM

 Essential has an offer that’s honestly very hard to refuse: The price of the Essential Phone (PH-1, going by technical model number), is now $200 cheaper, so $499 off-contract and unlocked. That’s an amazing price for their debut smartphone, which remains my favorite in terms of straight up industrial design (and it has one of the best color-tuned displays in devices right now in… Read More



Defensible strategies for food tech entrepreneurs facing the Amazon juggernaut

Oct 22, 10:30PM

 Ever since Amazon’s acquisition of Whole Foods became official in August, food tech entrepreneurs have been holding their collective breath in anticipation of what comes next. First prices dropped; now, apparently, they’re on the rise. Without knowing Bezos’ ultimate vision for an Amazon-owned Whole Foods, food tech companies must decide whether and how to compete. I offer… Read More



Oliver Cabell raises $1.2 million to slip into the shoe business

Oct 22, 10:00PM

 Oliver Cabell, a Minneapolis-based startup selling bags and other accessories, has raised $1.2 million to slip into the shoe business. The company’s high end canvas and leather bags caused a bit of a stir around TechCrunch’s offices a few years ago (we were too busy using the bags to review them) — and now the company’s ready to try on footwear to see how the new… Read More



The rise of big data policing

Oct 22, 9:30PM

 A towering wall of computer screens blinks alive with crisis. A digital map of Los Angeles alerts to 911 calls. Television screens track breaking news stories. Surveillance cameras monitor the streets. Rows of networked computers link analysts and police officers to a wealth of law enforcement intelligence. Real-time crime data comes in. Real-time police deployments go out. This high-tech… Read More



Take a look at Apple's first 'Town Square,' its most beautiful retail store yet

Oct 22, 8:45PM

 This weekend, Apple took the wraps off of its first “Town Square” retail store in Chicago. The location marks Apple’s 497th retail store. The new space replaces the company’s flagship North Michigan Ave store which opened in 2003. TechCrunch took a tour with Apple’s senior VP of retail, Angela Ahrendts, and saw the ins and outs of the company’s latest… Read More



Ancestry answered the DNA questions 23andMe couldn't

Oct 22, 7:14PM

 A really awesome thing about being black is that ancestry can be very unclear because of, you know, slavery. Enter DNA kits. Read More



Tesla reportedly made deal to open a manufacturing facility in Shanghai

Oct 22, 5:58PM

 Tesla has reportedly made a deal with the government in Shanghai to open up a manufacturing facility in the city’s trade-free zone, the Wall Street Journal reports. Foreign car-makers traditionally partner with local manufacturers, but that will reportedly not be the case with Tesla. Instead, Tesla will own the entire factory. That means Tesla will be able to cut some costs of production… Read More



New venture capitalists find strength in numbers

Oct 22, 5:32PM

 Ian Rountree, the twenty something captain at the helm of Cantos Ventures, an SF-based micro-fund, is characteristic of a new breed of venture capitalists in tech — a group of  small funds looking to go toe-to-toe with some of the valley’s most entrenched seed funds like First Round Capital and SV Angel. Rountree is experimenting with a strategy so antithetical to the venture… Read More



Google will reportedly share some revenue with news publishers

Oct 22, 5:24PM

 Google is reportedly gearing up to share revenue with news publishers, the Financial Times reports. The plan is to combine Google’s treasure trove of personal data with machine learning algorithms to help news publications grow and maintain its subscriber base. For each new subscriber Google brings to the table, the company will reportedly take up to a 30 percent finder’s… Read More



How human capital is tech's most valuable resource

Oct 22, 4:30PM

In spite of Silicon Valley’s awesome technology, human capital remains its most valuable resource. That, at least, is the opinion of best selling writer and entrepreneur Dan Schawbel.  Read More



After the end of the startup era

Oct 22, 1:00PM

 There’s a weird feeling afoot these days, in the Valley, and in San Francisco. Across the rest of the world — Denver, Santiago, Toronto, Berlin, “Silicon Glen,” “Silicon Alley,” “Silicon Roundabout“, Station F — it seems every city still wants to be a startup hub, dreaming of becoming “the new Silicon Valley.” But in the… Read More



OmniHub tries to fix the MacBook Pro's port shortage with magnets and modules

Oct 21, 7:55PM

 My five-year-old MacBook Pro finally gave up the ghost. After traveling the world and surviving several CESes, it was time to finally lay the thing to rest. I had some misgivings about replacing the old workhorse with one of the new models, not the least of which was the company’s fairly unpopular decision to ditch all existing ports for a quartet of ThunderBolt 3 ports. Read More



GitHub's scandalized ex-CEO returns with Chatterbug

Oct 21, 4:47PM

 Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice talking with a real native speaker. You… Read More



Antisocial media?

Oct 21, 4:37PM

 As Facebook finds itself publicly on the hook for enabling Russian agents to spread divisive propaganda via its platform, be it in the form of fake news, ‘dark ads’, issue pushing Facebook pages, and even political rallies organized using its Event tools, there’s another side to the story of how tech tools are impacting the democratic process currently playing out in… Read More



Stop what you are doing and watch Nathan for You's brilliant Uber episode right now

Oct 21, 3:25PM

 If you have not yet had the pleasure of being introduced to Nathan for You, you’re in for a treat! The man behind the show, Nathan Fielder, is so wonderfully awkward in his delivery he might just make you pee your pants from laughing so hard. Last week’s episode “Andy vs. Uber” almost made me do just that. Warning: lots of spoilers in this post so stop reading if you… Read More



Redesigning the TechCrunch app

Oct 21, 11:00AM

 Over the last two years we have been working hard to improve the experience of TechCrunch products for our readers. Our tiny-but-mighty product team launched the brand new TechCrunch mobile app earlier this month and we couldn’t be more excited. It has been completely redesigned with the goal of giving you easy access to the news you care about most, no matter where you are. Read More




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