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Bitcoin and almost every other cryptocurrency crashed hard today
Dec 22, 10:25AM
Bitcoin has been on a tear this past with the value of the cryptocurrency jumping from $8,000 to nearly $20,000. Well that run hit an abrupt end today as the price crashed as much as 23 percent on Coinbase. The price briefly dipped below $12,000 on some exchanges at around 7:30 am London time. The drop — which wiped more than $4,000 from the value of bitcoin at one point — was… Read More
Meet Molekule, the sleekest air purifier on the market
Dec 22, 10:05AM
Molekule, a San Francisco-based startup with a sleekly designed molecular air purifier started as an immigrant dream twenty years ago and ended up being named one of Time’s top 25 inventions of 2017. The inventor Yogi Goswami came up with the idea when his baby son Dilip started having a hard time breathing the air around him. Dilip suffered from severe asthma but no air purifier at… Read More
Mumbrella, a media startup focused on APAC's marketing industry, gets acquired
Dec 22, 6:52AM
Inside baseball klaxon: media writing about media story incoming:: Mumbrella, the Australia-based media company, has been sold by its founders to U.S./APAC events company Diversified Communications. Mumbrella operates media and marketing industry-focused websites for Australia and Asia, an events business and a database service called The Source. It has 33 staff across four offices. The… Read More
Goldman is reportedly getting into bitcoin and crypto trading
Dec 22, 6:00AM
Global banking giant Goldman is setting up up a trading desk focused on bitcoin and other cryptocurrencies, according to a report from Bloomberg. The bank is said to be in the early stages of setup, which means hiring and figuring out the logistics, including how the bank will hold the assets and keep them secure. The ultimate goal, Bloomberg claimed, is to begin trading by June 2018.… Read More
Crunch Report | Sequoia Capital's Next Fund Could Be $5 Billion
Dec 22, 4:00AM
Daimler acquires a majority stake in an Uber competitor in France, Sequoia Capital’s next fund could be a $5 billion one and an iced tea company changes its name to Long Blockchain and its value skyrockets. All this on Crunch Report. Read More
Mattermark to shut down after selling to FullContact
Dec 22, 1:38AM
Mattermark, the site for startup and company data, is shutting down its own business after selling in a disappointing outcome to FullContact. In a document obtained by TechCrunch, co-founder and CEO Danielle Morrill wrote that “common stockholders will not be receiving anything in this deal.” In other words, Mattermark employee shares are worthless. It was just last year that… Read More
Laser-equipped shoes help Parkinson's patients take the next step
Dec 22, 12:53AM
Here’s an unexpected but pleasant little way tech might be able to improve a few lives: laser shoes. Yes, seriously. Shoes equipped with small laser emitters were shown in recent tests to help sufferers of Parkinson’s disease to walk normally. Read More
Google Home Max review
Dec 22, 12:18AM
The Max sounds good. But is it $399 good? On the whole, it’s a solid offering. It isn’t a flashy speaker from a design perspective, but the audio is loud and clear, and the bass bumps like a mofo. Read More
Apple's Design Delirium
Dec 21, 11:27PM
I watch with increasing trepidation at the direction Apple is taking its products. The most recent concern came yesterday from Bloomberg that Apple intends to offer its software developers new libraries that will allow apps to serve both touchscreen interfaces like the iPhone as well as traditional mouse and keyboard setups on desktop computers using a single unified set of APIs. Read More
Podia helps content creators build their online business
Dec 21, 11:03PM
More than a year and a half ago, I wrote about Coach, a startup offering tools for tutors and other freelancers to make money and operate their business online. Since then, the company has shifted focus in a big way, and it recently announced that it’s raised $3 million in seed funding. It’s got a new name, too — Podia. Read More
A new bipartisan Senate bill seeks to bolster US election security at the state level
Dec 21, 10:58PM
A bipartisan group of lawmakers in the Senate has introduced a bill designed to protect the technical integrity of American elections as the nation moves toward midterm season. Introduced in the Senate, the bill known as the Secure Elections Act. Read More
There's no magic bullet for reversing the FCC's net neutrality decision
Dec 21, 10:45PM
Huge numbers of people are upset at the FCC’s decision to undo its own highly popular net neutrality rules. But the grand plans to undo this mischief being announced left and right should be taken with a grain of salt. Unfortunately, it all comes down to politics. Read More
Eric Schmidt stepping down as Alphabet's executive chairman to become a 'technical advisor'
Dec 21, 10:27PM
A little late in the day news dump for you, ahead of the upcoming holiday. Longtime Google executive Eric Schmidt announced today that he’ll be stepping down from his role as the executive chairman of Alphabet’s board of directors. Alphabet has confirmed the move with TechCrunch. Read More
How to unmask AI
Dec 21, 10:00PM
Millions of people engage with artificial intelligence (AI) in some form every day — most of them unwittingly. It’s at our fingertips through applications people from all over the world use regularly. That’s why it’s more important than ever to launch, and sustain, a global effort to improve the transparency of AI in order to shed light on the technology. Read More
Oscar Health expects to generate $1 billion in revenue and sign up 250,000 members in 2018
Dec 21, 8:52PM
Despite repeal of the Affordable Care Act’s individual mandate this week, health insurance startup Oscar Health expects to pull in nearly $1 billion in revenue and enroll a quarter of a million members in 2018. The revenue prediction first reported in Axios and signups are quite a feat for the insurance company meant for the digital age. Read More
Instagram now lets you share live videos through direct messages
Dec 21, 8:21PM
Instagram has been beefing up its Direct Messaging feature as it toys with the idea of spinning out messaging into its own, separate app. Among its more recent tweaks: the added option for photo and video message replays, and enhancements like support for web links and different photo orientations. Today, it’s rolling out another change — live videos over Direct Messaging. Read More
Thank Kim Jong Un for your crypto gains
Dec 21, 7:22PM
Because of heavy sanctions placed on the country for its nuclear weapons testing, North Korea has long run a series of “side businesses” like drug trafficking, endangered species trading, money laundering and currency counterfeiting to provide hard cash to the Kim regime. Naturally, bitcoin trading came next. Read More
Startup incubator Nailab invests $25K in East African startups
Dec 21, 7:05PM
When Nailab (Nairobi Incubation Lab) opened its doors seven years ago in Kenya, it wanted to be the Y Combinator for Kenya, Nailab CEO Sam Gichuru told me. In order to accomplish that goal, Gichuru realized Nailab would need a lot of money, which it did not have at the time. That’s why it initially began as a co-working space. Read More
FabFitFun expands its empire with a new app for Apple TV and Amazon Fire
Dec 21, 6:53PM
FabFitFun, the women’s lifestyle subscription service and media company that’s become a household name among influencers of a certain generation, is expanding its empire with the launch of a new video app for Apple TV and Amazon Fire. The Los Angeles company founded by Daniel and Michael Broukhim has become one of the darlings of the tech scene in Southern California. Read More
Gift Guide: Last minute gifts and stocking stuffers that are actually good
Dec 21, 6:51PM
We’ve only got a few more days until Christmas, and maybe you’re starting get a little nervous about all the folks who are still on your gift-giving list. Sure, they might not be your closest friends or best-loved family members… but you can’t ignore them entirely, can you? Don’t worry, TechCrunch has you covered. Whether you’ve got a lot of last-minute… Read More
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