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Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company
Nov 01, 8:12AM
Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today. Grab is present in seven markets across… Read More
Kano raises $28M as its its kid-friendly computer kits hit 4,500 stores
Nov 01, 8:05AM
Kano — the startup that teaches kids (and adults) about computers and coding by way of a variety of do-it-yourself hardware building kits — is announcing an important milestone in its growth today. The company has raised $28 million in funding, and ahead of the holidays, it will be using that investment to help spearhead a retail push in North America by getting the device into… Read More
Sunlight raises £500K seed for its employee learning and development platform
Nov 01, 8:00AM
Sunlight, a London startup that offers an employee learning and development platform to let companies offer more bespoke professional development, has picked up £500,000 in seed backing. Leading the round is Speedinvest, with participation from previous backers Seedcamp, and Annection, amongst a number of individuals. Read More
Europe's Brighteye Ventures closes €50M fund to invest in edtech startups
Nov 01, 8:00AM
Brighteye Ventures, a relatively new European VC dedicated to investing in edtech startups, is announcing that it has closed a €50 million first fund. Read More
You have 3 days left to save big money on Disrupt Berlin tickets
Nov 01, 8:00AM
The only thing worse than missing out on attending Disrupt Berlin (the horror!) is paying nearly 30 percent more for your ticket than you have to. And that’s just what will happen if you don’t snag your tickets before November 3. That’s right, the early-bird ticket pricing goes extinct in three short days. Die uhr tickt — the clock is ticking. Read More
China's JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo
Nov 01, 6:43AM
This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 million investment in Bangkok-headquartered online fashion brand Pomelo. The deal, which is the largest Series B for a Thai startup to date, is co-led by Indonesia’s Provident Capital… Read More
New York terror suspect was an Uber driver
Nov 01, 4:29AM
New York terror suspect Sayfullo Saipov was a driver for Uber, the company confirms. He has been accused of driving a truck into a crowd near the World Trade Center in Manhattan on Tuesday, reportedly killing at least eight and injuring 11 more. “We are horrified by this senseless act of violence. Our hearts are with the victims and their families. We have reached out to law enforcement… Read More
IBM Cloud Private brings cloud native computing to your data center
Nov 01, 4:01AM
As companies search for ways to modernize their technology stacks, they struggle with managing the legacy software (and hardware) inside their own data centers. IBM introduced a new private cloud product today that is supposed to ease the transition to cloud computing and containerization and place those legacy applications in a more modern IT management context. IBM Cloud Private wants to… Read More
Microsoft 365 for small and medium businesses is now generally available
Nov 01, 4:00AM
Microsoft 365 lets businesses subscribe to a bundle with Office 365, Windows 10 and the company’s mobile device management tools. The early focus for this program was enterprises, but a few months ago, the company also launched a preview version of Microsoft 365 for small and medium businesses. Today, Microsoft 365 Business is coming out of beta and is now generally available to… Read More
Crunch Report | Razer Looks to Raise $550 Million in Hong Kong IPO
Nov 01, 3:00AM
Razer looks to raise $500 million in Hong Kong IPO, Google releases a new hardware kit for Hangouts Meet and Netflix halts production on House of Cards. All this on Crunch Report. Read More
Slack is still down and it's past 5 o'clock, so go home (Update: It's back)
Nov 01, 12:17AM
Slack has been down for just over an hour, according to its official status page — which itself was down when I first checked a few minutes after the widely-used productivity tool bit it for us. At this point the end of the workday is pretty much shot, so you can go home. I would but I work from home so I have to sit here. Read More
In their first Russia hearing, tech giants try to placate Congress (with mixed results)
Oct 31, 11:58PM
On Tuesday, the Senate Judiciary Committee kicked off the first of three hearings this week examining the relationship between social media and Russian interference in the 2016 U.S. presidential election. The hearings mark the first time that lawmakers will hear testimony from Google, Facebook and Twitter around how their platforms were and are manipulated as part of Russian political… Read More
I feel like I know these computer-generated celebrities already
Oct 31, 11:04PM
If there’s one thing this Earth of ours is short on, it’s celebrities. I mean, if there were enough, why would they keep making them? We need the help of our computer friends. Luckily they are obliging. An AI that in its existence has only known the faces of celebs (how I envy it!) was tasked with making up new ones by the dozen. The results are… well, you should see for… Read More
The Golden Knights, live gambling and the future of live sports attendance
Oct 31, 10:00PM
One of the biggest early season NHL stories has been the success of the expansion Las Vegas Golden Knights. If they can maintain anything close to current attendance and demand levels, their sports-gambling-friendly approach may do more than just help the NHL solve the “warm-weather problem” — it could be the biggest boon to event attendance since the advent of the dome. Read More
Signal escapes the confines of the browser with a standalone desktop app
Oct 31, 9:25PM
If you’re an active Signal user (and why aren’t you?) you likely already know about the desktop app — or what passes for one. It’s actually Chrome App, requiring Google’s browser to function. Well, that nightmare is over, as Signal has released a standalone app with no troubling dependencies on billion-dollar companies. Read More
Creative-focused app PicsArt hits 100M MAUs, attracting brands tired of trolls
Oct 31, 9:13PM
You would think that social networks are more or less “done” now. What would be the point of another in a world filled with so many options? But in fact, there remains a niche which has been growing steadily in the creative corners of the Internet. PicsArt has been building growing since it was started in 2011. It’s now announced new growth figures which have hit 100… Read More
Early cancer-detection startup Grail is reportedly trying to raise more money
Oct 31, 8:59PM
Just months after Grail raised a $900 million Series B round, the startup that aims to detect cancer early on is looking for additional funding, CNBC reports. Prior to the $900 million round, Grail raised $100 million last year to develop initial studies of its blood test technology. Read More
Congress grills Facebook, Twitter, Google on shells hiding election meddlers
Oct 31, 8:04PM
How can internet giants know that innocent-seeming U.S. companies aren’t actually shell vehicles for malicious foreign actors to buy ads to interfere with elections? The short answer is they can’t, and that drew questioning from a Congressional probe today into Facebook, Twitter and Google being used to manipulate the 2016 presidential election. Read More
EVE Valkyrie developer CCP Games goes cold on VR
Oct 31, 7:43PM
In another sign of scales majorly falling off of eyes where VR is concerned, games developer CCP Games — which made an big early bet on virtual reality gaming — is pulling the plug on two of its studios that had been working on VR titles. Read More
Halloween comes to your favorite apps
Oct 31, 7:31PM
Does the internet seem a little spookier today? (And no, I don’t mean because you read through of the latest news in your Twitter feed.) As it turns out, a lot of the big tech companies have gotten into the Halloween spirit this year, with fun little easter eggs and Halloween-themed additions to their apps and services. Have you spotted them all? Read More
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