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Uber Eats couriers in Europe to be offered free accident and sickness insurance
Dec 15, 11:19AM
Uber has announced it’s launching a free insurance package for independent couriers delivering food for its Uber Eats business in nine European markets. It says all couriers with an active account in the covered markets will be able to take up the product free of charge. Read More
Australia's Airwallex raises $6M to grow its cross-border payment business
Dec 15, 9:16AM
Airwallex, an Australia-based fintech startup that helps banks and businesses handle cross-border transactions at scale, has closed a $6 million investment ahead of a planned Series B next year. The new funding comes from Square Peg — a VC firm located in Melbourne, the same city as Airwallex HQ — which joins Tencent, MasterCard, Gobi Ventures and Sequoia China as backers of… Read More
Loot, the digital current account aimed at students and millennials, banks £2.2M Series A
Dec 15, 9:00AM
“There are two types of competition for us at Loot: the banks and the money management apps,” Loot founder Ollie Purdue tells me. The U.K. startup, founded in 2014 while now 24 year old Purdue was finishing up university, offers a digital-only current account aimed at students and millennials. It comes with a Mastercard and mobile app, with a particular focus on spending insights… Read More
Google is using light beam tech to connect rural India to the internet
Dec 15, 8:40AM
Google is preparing to use light beams to bring rural areas of the planet online after it announced to a planned rollout in India. The firm is working with a telecom operator in Indian state Andhra Pradesh, home to over 50 million people, to use Free Space Optical Communications (FSOC), a technology that uses beams of light to deliver high-speed, high-capacity connectivity over long… Read More
Go-Jek buys three startups to advance its mobile payment business
Dec 15, 5:01AM
Go-Jek, the company leading Uber and Grab in Southeast Asia’s largest market, has bagged a hattrick of deals to advance its mobile payment strategy. Indonesia-based Go-Jek revealed it has acquired offline payment firm Kartuku, payment gateway Midtrans and payment and lending network Mapan for undisclosed sums. The company started out in 2015 offering a ride-hailing service for… Read More
Crunch Report | FCC Kills Net Neutrality
Dec 15, 4:20AM
The FCC kills net neutrality, Snapchat launches Lens Studio and Squarespace reportedly raises $200 million. All this on Crunch Report. Read More
The difference between good and bad Facebooking
Dec 15, 2:09AM
“Social media” is a clumsy term that entangles enriching social interaction with mindless media consumption. It’s a double-edged sword whose sides aren’t properly distinguished. Taken as a whole, we can’t decide if it “brings the world closer together” like Facebook’s new mission statement says, or leaves us depressed and isolated. Read More
With just one day left in open enrollment, companies turn to Stride Health for help
Dec 15, 12:12AM
The compressed timelines of this year’s open enrollment period for government-mandated healthcare have left some companies in the lurch, and as the final hours to enroll tick by, they’ve turned to the startup company Stride Health for help. Stride manages a number of different tax and healthcare-related information for customers. Read More
Ex-Zynga execs raise $15 million for their new gaming studio, Manticore Games
Dec 14, 10:58PM
In the eight years since Frederic Descamps and Jordan Maynard launched their last gaming startup, the industry they helped shape now brings in more than $100 billion in revenues globally. There’s been a resurgence in gaming on PCs. User-generated content has produced a string of wildly popular hits. Those trends are exactly what the two are hoping to harness with Manticore Games. Read More
What telecoms and tech companies are saying about the FCC's net neutrality decision
Dec 14, 9:44PM
The FCC just voted to eliminate the net neutrality rules established by 2015’s Open Internet Order. Here’s what has been said so far. We’re still waiting to hear from others and we’ll update this list as we do. Read More
Apple launches its podcast analytics service into beta
Dec 14, 9:07PM
At WWDC this year, Apple announced it would soon offer its own podcast analytics service for show creators who publish on Apple Podcasts. Today, that service has launched into beta, offering podcasters the ability to track unique devices and playback metrics for their podcasts, including when listeners drop off in the middle of a show. This sort of client-side data is something podcasters… Read More
Y Combinator is zeroing in on bigger, breakaway companies with a new growth-stage program
Dec 14, 8:40PM
Y Combinator funds a lot of companies, but there’s always more it could be doing, said its president, Sam Altman. Altman added that YC is “always slightly broken, because we’re always trying to grow; we’re always trying to do new things.” Today, the outfit is taking the wraps off a new growth-stage program designed to help both YC companies and non-YC companies… Read More
Uber investor Shervin Pishevar resigns from Sherpa Capital
Dec 14, 8:37PM
Hyperloop One co-founder and early Uber investor Shervin Pishevar has announced his resignation from Sherpa Capital, the venture capital firm he co-founded, following sexual misconduct allegations. “I have decided on my own accord to end my association with Sherpa Capital, effective immediately,” Pishevar tweeted, as part of a lengthy statement. Read More
A timeline of the FCC's quest to destroy net neutrality
Dec 14, 8:02PM
The FCC voted today to roll back the strong net neutrality rules established under the Obama administration in 2015. It’s distressing but at this point no longer surprising — FCC Chairman Ajit Pai and his partisan pals have been working essentially since the election to accomplish this dubious goal. Here’s how it all went down over the last year. Read More
Edge Mobile Payments buys what's left of Plastc in hopes that there's still life left in smart cards
Dec 14, 8:00PM
The death of Plastc back in April looked to many like the final nail in the smart card coffin. After all, the news came only a few months after the space’s other big player, Coin, called it quits. Of course, the loss of Coin wasn’t totally in vain — the company was ultimately purchased by Fitbit. Now Plastc is getting a second lease on life of sorts. Read More
Apple Maps gets indoor mapping for more than 30 airports
Dec 14, 7:52PM
As of this morning, Apple Maps has expanded to include indoor layouts of 30 airports across the globe. The company has primarily hit American cities thus far, covering what looks to be most of the big cities across the contiguous U.S. There are some key international airports, as well, including Hong Kong, Amsterdam, Geneva, London, Berlin and a handful of Canadian locations. Read More
New York attorney general announces a multi-state lawsuit challenging the net neutrality vote
Dec 14, 7:30PM
New York Attorney General Eric Schneiderman, a leading voice in the fight against the FCC’s net neutrality rules repeal, has stepped forward with one of the first legal challenges to the commission’s controversial vote. Read More
Chromecast is back on Amazon
Dec 14, 7:28PM
Amazon will once again allow sales of Apple TV and Google Chromecast on its site, after banning them two years ago in an effort to promote its own Fire TV hardware to online shoppers. The addition of Apple TV is not surprising – Amazon and Apple came to an agreement earlier this year that included the launch of the Amazon Prime Video app for Apple TV, and the return of the Apple TV to… Read More
Taylor Swift's new app, The Swift Life, is out now
Dec 14, 7:25PM
In the midst of an reputational makeover, Taylor Swift is debuting a brand new app called The Swift Life. The app is a dedicated social network for Swift’s fans, letting them communicate with each other as well as get exclusive pictures, video, news and more direct from T-Swift herself. And they can communicate with Swift, too. Using an ‘extremely rare and valuable Taymoji’… Read More
The FCC just repealed net neutrality. What happens next?
Dec 14, 6:31PM
The FCC voted this morning 3:2 to nullify 2015’s Open Internet Order and its strong net neutrality rules, substituting a flimsy replacement with a deeply (and deliberately) incorrect technical justification. The battle is lost. What of the war? Here’s what happens next, and what you can do to help. Read More
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