Tuesday, December 12, 2017

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Bitwise Investments raises $4M to launch its crypto index fund

Dec 12, 12:00PM

 Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which ones to choose and how to buy and… Read More



WhatsApp business accounts will either be verified, confirmed or unconfirmed

Dec 12, 10:43AM

 Another tidbit around how WhatsApp’s incoming business accounts will function: According to a FAQ for users of the messaging platform — on “Chatting with businesses” — they will either have one of three status types: unconfirmed, confirmed or verified.  Read More



Apple's App Store now lets you pre-order iOS apps and games before they launch

Dec 12, 9:53AM

 Apple has quietly allowed developers to make their apps available for pre-order. It’s a basic feature — as Android fanatics will point out — but nevertheless one that has been missing from the App Store. Upcoming apps will now be allowed to list in the App Store as far out as 90 days ahead of their launch and as close two days before. This applies to new apps not updates… Read More



Germany's Penta is a new digital bank account for startups and SMEs

Dec 12, 9:00AM

 Germany’s Penta is the latest European startup to throw its banking wares into the ring. The burgeoning company is launching a new digital bank account targeting SMEs. Read More



Google: Southeast Asia's internet economy is growing faster than expected

Dec 12, 8:18AM

 Southeast Asia is now the world’s third largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than originally thought, according to a new report co-authored by Google. China and India typically dominate the conversation when looking at emerging economies in Asia, but Southeast Asia… Read More



With Norrsken House, ex-Klarna executive envisions a global network of co-working spaces focused on impact

Dec 12, 8:15AM

 In 2016, Niklas Adalberth stepped away from day-to-day operations at the financial services startup Klarna, the billion-dollar company he helped create, to begin working on a new kind of impact investment fund. For Adalberth, the years at Klarna wondering and worrying about credit ratings, credit offerings, and payments had lost their luster, and the young multi-millionaire was looking for… Read More



Devialet built a car audio system for Renault's Symbioz concept car

Dec 12, 8:01AM

 High-end speaker maker Devialet is branching out of home speakers. The company announced a partnership with Renault for its first ever car audio system. You can’t buy a Renault car with Devialet speakers just yet, but there’s a Renault concept car with those speakers. Devialet has always said that it wasn’t just a speaker manufacturer. The French startup has worked on its… Read More



Watch SpaceX launch a reflown ship on a reflown rocket live here

Dec 12, 8:01AM

 UPDATE: This launch has been moved and is now targeting the backup window of Wednesday, December 13 at 8:24 AM PST (11:24 AM EST). The live stream will be available 15 minutes prior to that time above. SpaceX is launching a space station resupply mission later this morning, with an instantaneous launch window opening at 8:46 AM PST (11:46 AM EST) from its LC-40 launch site at Florida’s… Read More



Africa's SureRemit joins the tokenized race to win the global remittance market

Dec 12, 7:30AM

 Nigerian based SureRemit has launched a crypto token aimed at money sent home by global immigrants. The startup — which is incorporated in Mauritius — offered pre-sales of its remittance focused tokens this week, before a January 2018 ICO. SureRemit will use blockchain partner Stellar’s platform. The company is connecting its crypto product — which is not redeemable… Read More



India's Vahdam Teas raises $1.4M to bring fresher tea to your door faster

Dec 12, 6:49AM

 Vahdam Teas, an e-commerce that’s focused on selling the freshest brews on the planet, has closed a Series A funding round worth $1.4 million to grow its business. The funding was led by new backers Fireside Venture, Mumbai Angels, Singapore Angel Network and undisclosed existing investors. The two-year-old company previously raised a $500,000 seed round from angels in January of this… Read More



One month after denying it will exit China, AWS opens its second region there

Dec 12, 5:56AM

 Amazon Web Services has opened its second region in China with a local partner, Ningxia Western Cloud Data Technology. The launch comes just one month after Amazon denied reports that AWS is leaving China, but said the company sold “certain physical infrastructure assets” to Internet services company Beijing Sinnet, which operates its first region in the country, in order to… Read More



MyEtherWallet plans official iOS app after knockoff version is booted from App Store

Dec 12, 4:46AM

 The organization behind MyEtherWallet is planning to release an official version of its popular cryptocurrency wallet for iOS after Apple removed a knockoff that had been in the App Store for around a week. The unofficial version of the open source software, which is used to hold ETH and other alt coins outside of bitcoin, got as high as number three in the financial section of the App… Read More



Crunch Report | Apple Confirms Shazam Acquisition

Dec 12, 4:20AM

Apple confirms its Shazam acquisition, MyEtherWallet knockoff goes live on the App Store and is now removed and the NFL is partnering with Verizon and is now streaming football games to everyone. All this on Crunch Report. Read More



Soylent co-founder Rob Rhinehart steps down as CEO

Dec 12, 3:11AM

 After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer. That position will be taken over by Bryan Crowley, the president of Soylent’s parent company Rosa Foods. Read More



Nextdoor raised about $75 million to connect neighbors

Dec 12, 2:01AM

 Nextdoor, the neighborhood social networking site raised about $75 million in a funding round, The Information reported, estimating that the valuation is $1.5 billion. The round was confirmed by TechCrunch. This adds to the over $200 million that the San Francisco-based company has raised, dating back to 2010. Its last reported round was in early 2015 at a $1.1 valuation. The report says that… Read More



A venture firm focused on real estate, Navitas Capital, just raised $60 million

Dec 12, 12:30AM

 Real estate heavyweights clearly don’t want to be left in the dust by tech startups that see opportunities to do things more efficiently, more transparently and more affordably than has previously been possible in the long clubby, expensive and opaque world of real estate. Just one indicator is their sudden interest in venture capital. Read More



Apple GymKit is coming to a treadmill near you

Dec 12, 12:18AM

 It’s been half a decade since Apple transitioned to the lighting connector, and still I regularly see the long-retired iPod 30-pin cable flopping off treadmill dashboards at gyms all around the country. It’s impossible to say how any of this will look five years from now, but at the very least, Apple’s new GymKit offering is certainly more refined than most of what’s… Read More



Babierge might just be the answer to your baby gear travel nightmares

Dec 11, 11:15PM

 Traveling with a baby for the holidays? First you’ve got your own gear to worry about, then a stroller, something for the baby to sleep in, a baby carrier, toys, snacks, a diaper bag, possibly a car seat and whatever else the plane might allow you to shove into the overhead compartment or check at the gate. Then you’ve got to soothe and entertain the little one. the struggle. is. real. Read More



With markets going crypto-crazy, SEC chairman weighs in

Dec 11, 11:13PM

 Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from SEC Chairman Jay Clayton.  Read More



Iron Mountain acquires IO Data Centers' US operations for $1.3 billion

Dec 11, 10:29PM

 Iron Mountain announced today that it’s acquiring the U.S. data center assets of IO Data Centers for a cool $1.3 billion — and the price tag could potentially go higher. With today’s purchase, Iron Mountain gets some serious assets, including four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. Read More




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