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Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round
Oct 27, 7:51AM
Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia, Taiwan and Hong Kong. Prior to this… Read MoreThe iPhone X is now available for pre-order
Oct 27, 7:17AM
The iPhone X, the device TechCrunch is calling Apple’s best iPhone ever, is now available for pre-order. In case you’ve spent the last month living under a rock and missed the news — not to mention our review — the device represents quite a departure for Apple. For one thing, it priced from $1,000. Yes, that’s the entry-level cost. Design-wise there is much new… Read MoreThe deal that never was: OYO says it didn't acquire rival ZO Rooms after all
Oct 27, 6:28AM
There’s closure around one of the most curious tech deals out of India in recent times, but it isn’t the conclusion most will expect. OYO Rooms, the budget hotel network that raised $250 million in September from SoftBank’s Vision Fund and hotel giant China Lodging, confirmed today that it didn’t buy out close rival ZO Rooms despite plenty of evidence suggesting it… Read MoreCrunch Report | Twitter Bans Two Russian Companies from Advertising
Oct 27, 3:00AM
Russia Today and Sputnik get banned from advertising on Twitter, GoFundMe starts creating content for some of its campaigns and Toyota is phasing out gas cars by 2040. All this on Crunch Report. Read More
ForeScout Technologies prices IoT security IPO at $22
Oct 27, 2:38AM
ForeScout Technologies, the Internet of Things security company, priced its security IPO at $22, the top of its proposed range. It also enlarged the size of the IPO to 5.3 million shares, meaning the company raised about $116 million in the offering. ForeScout helps businesses and government agencies monitor the devices connected to their networks. It also alerts them of potential… Read MoreSaudi Arabia bestows citizenship on a robot named Sophia
Oct 26, 11:59PM
Saudi Arabia just made a non-human woman a citizen, making it the first country to grant a robot the right to citizenship, at least as far as we know. Why it did so isn’t immediately evident, but the irony of a nation infamous for denying basic rights to its female citizens imbuing a robotic Audrey Hepburn lookalike with rights is not lost on us. Read MoreGoogle responds to Pixel 2 XL display complaints, promises fix for 'clicking' noise on the Pixel 2
Oct 26, 11:56PM
Shortly after Google’s new Pixel 2 and Pixel 2 XL began shipping, some users noted the devices seemed to have some… quirks. Onscreen colors on the XL seemed faded. When switching screens, evidence of previously displayed images sometimes seemed to linger. Others reported the screen seemed to turn an odd shade of blue. And Pixel 2 users reported hearing “clicking” sounds when… Read MoreSEC fines Zenefits and former CEO Parker Conrad nearly $1 million for misleading investors
Oct 26, 10:52PM
The SEC is showing its muscle in Silicon Valley with a crackdown on bad behavior, starting with unicorn startup Zenefits and its former CEO Parker Conrad. First noted on BuzzFeed, the human resources startup and Conrad have agreed to pay a combined nearly $1 million in fines to settle accusations made by the SEC that the company made “materially false and misleading statements and… Read MoreApple, Salesforce and PayPal join LGBT cause in Supreme Court wedding cake case
Oct 26, 10:29PM
A handful of tech companies have signed onto a friend of the court brief in the case of the Colorado baker who refused to make a wedding cake for a same sex couple. TechCrunch has confirmed that so far the list includes Apple, Yelp, PayPal, Salesforce and Affirm. The brief is being circulated by the Human Rights Campaign (HRC) which expects more companies to be announced by next week. Read MoreFCC won't vote on Net Neutrality in November
Oct 26, 10:18PM
The FCC will not be voting this November on the adoption of the “Restoring Internet Freedom” rule that would roll back 2015’s Net Neutrality rules, contrary to recent rumors. In a blog post, Chairman Ajit Pai listed a number of items the commission will be voting on, and the proposed rule isn’t among them. Read MoreToxic VC and the marginal-dollar problem
Oct 26, 9:00PM
Venture capital should come with a warning label. In our experience, VC kills more startups than slow customer adoption, technical debt and co-founder infighting — combined. VC should be a catalyst for growing companies, but, more commonly, it’s a toxic substance that destroys them. VC often compels companies to prematurely scale, which is typically a death sentence for startups. Read MoreIntel handily beats analysts' expectations as chips continue to shine
Oct 26, 8:41PM
With numbers that would seem to put fears to rest that the world’s dominant chipmaker has lost a step to its competitors, Intel Corp. handily beat analyst expectations for the third quarter. “We executed well in the third quarter with strong results across the business, and we’re on track to a record year,” said Brian Krzanich, Intel chief executive, in a statement. Read MoreZscaler confidentially filed for security IPO
Oct 26, 8:35PM
Zscaler, a nine-year-old, San Jose, Calif.-based company, has filed confidentially for IPO, multiple sources tell TechCrunch. The cloud security outfit is aiming to go public before the end of the year. Read MoreA critical metric for Alphabet's success is suddenly showing signs of life
Oct 26, 8:20PM
Alphabet delivered a knockout quarter today, handily beating the estimates from Wall Street — but, perhaps more importantly, showing actual growth in a critical metric that has seen a consistent decline for quite some time. Google’s cost-per-click — a metric that helps define how valuable its ads are — grew 1% quarter-over-quarter this year. While still down 18%… Read MoreAmazon shares pass $1,000 after posting strong financials
Oct 26, 8:19PM
Amazon shared third-quarter earnings after the bell on Thursday. The company posted significantly better-than-expected earnings, at 52 cents per share, when analysts were forecasting just three cents. Shares quickly ticked up 7 percent in initial after-hours trading, to above the $1,000 per share milestone. Read MoreMicrosoft easily beats the Street as its cloud run rate passes $20B a year early
Oct 26, 8:10PM
Microsoft today announced its quarterly earnings for its first financial quarter of 2018 (yes, I know it’s early, but that’s how Microsoft’s financial quarters work). Wall Street’s crack team of financial analysts expected the company to report revenue of about $23.56 billion and earnings per share of $0.72. Read MoreBlue Canoe takes on language learning with a focus on pronunciation
Oct 26, 8:08PM
If you want to pick up a new language, there’s no shortage of options. But one aspect of the process that has been neglected is pronunciation, which is especially important for professionals. Online, learning pronunciation is generally “hear a recording, then repeat it.” Blue Canoe uses an established curriculum and machine learning to make things easier and more effective. Read MoreHelloFresh co-founder is working on a prepared meal service for kids
Oct 26, 7:35PM
Because it’s rude to leave out children, HelloFresh co-founder Dan Treiman has teamed up with Joanna and David Parker to launch a healthy prepared meal service for the little ones. Treiman, who joined the company last December, helped Yumble officially launch this past summer. Read MoreEpisode 3 of 'Bubbleproof' sets out to disrupt venture
Oct 26, 7:00PM
Silicon Valley doings are easy to make fun of, which is what the mockumentary web series Bubbleproof is trying to do. The series follows Michael Fertik and David Cowan in their pursuit of a new venture. Episode three, “Gurus Just Want to Have Funds,” begins with Cowan lost and alone without Fertik, who suddenly quit the startup life. But what would Fertik do if he received a… Read MoreThe women of DFJ push back on claims that 'predatory behavior' is rampant
Oct 26, 6:32PM
Several women who either work at venture firm DFJ or have worked for the 30-year-old outfit in the past are pushing back against new allegations that founders should be wary of approaching the firm owing to “predatory behavior” that is “rampant.” 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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