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Female founders group wants to encourage more women entrepreneurs to start businesses
Feb 27, 3:24PM
It’s widely known that the technology startup scene is dominated by male founders and investors. But if for some reason you doubt that, consider that in 2017 just 17 percent of companies had a female founder, a number that hasn’t changed in five years, according to Crunchbase. Companies with at least one woman founder raised just 8 percent of late stage money in 2016. The… Read MoreTeen debit card Current raises $1 million more from Fifth Third Capital
Feb 27, 3:12PM
Current, the startup behind an app-controlled debit card aimed at tweens and teens, is adding new strategic investor Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp, to its recent Series A round of funding. The investment wasn’t directly disclosed, but we’ve learned it’s $1 million. In October, Current announced it had closed on $5 million… Read MoreCellebrite may have found a way to unlock iPhones running iOS 11
Feb 27, 3:09PM
According to a Forbes report, Israeli company Cellebrite is now able to unlock some very recent iPhones. Cellebrite is a well-known company that sells mobile forensics tools to extract data from locked devices. While early versions of iOS weren’t really secure, this has changed quite a lot in recent years. All iOS devices now ship with a secure enclave, all data is encrypted if you use… Read MoreFord begins testing self-driving cars and business model in Miami
Feb 27, 3:00PM
Ford has revealed the test market for its self-driving service it teased but kept under wraps back at CES in January: Miami. Will Smith bids you “bienvenidos,” Ford, via his canonical 1997 opus. But actually, Ford is welcomed by Miami-Dade officials, who are working with the automaker to run this pilot across both downtown Miami and the Miami Beach areas of the city. The test… Read MoreRating the big smartphone makers at MWC 2018
Feb 27, 2:22PM
With that in mind, this seems like the perfect opportunity to take a good look at how the industry’s big names fared at the show. Barring any sort of unforeseen circumstances, here’s a list of this week’s biggest winners and losers. HMD (Nokia): HMD scored a coup for a second year in a row, led by another nod to Nokia’s former successes. This time out, it was a return… Read MoreCalifornia to allow testing of self-driving cars without a driver present
Feb 27, 2:17PM
California’s Department of Motor Vehicles established new rules announced Monday that will allow tech companies and others working on driverless vehicle systems to begin trialling their cars without a safety driver at the wheel. The new rules go into effect starting April 2. Until now, the DMV has allowed companies approved for autonomous vehicle testing to run their cars on the roads,… Read MoreSplunk's data analytics gets a security boost with $350 million acquisition of Phantom Cyber
Feb 27, 2:11PM
The data analytics service provider Splunk is giving itself a security upgrade with the $350 million cash and stock acquisition of the security automation technology developer, Phantom Cyber. One of the new darlings of the security industry, Phantom Cyber launched just four years ago to automate responses to digital threats. Part of a new breed of tools that use network analysis and machine… Read MoreGoogle's Flutter app SDK for iOS and Android is now in beta
Feb 27, 2:00PM
Flutter is Google’s open source toolkit for helping developers build iOS and Android apps. It’s not necessarily a household name yet, but it’s also less than a year old and, to some degree, it’s going up against frameworks like Facebook’s popular React Native. Google’s framework, which is heavily focused around the company’s Dart programming language,… Read MoreThe Adidas-branded Fitbit Ionic smartwatch arrives March 19 for $330
Feb 27, 2:00PM
The Fitbit Ionic was designed to be the future of the struggling wearable maker, but so far the smartwatch has failed to catch the world on fire. As CEO James Park put it during this week’s financials, sales on the device “didn’t turn out the way that we expected it.” Of course, the wearable has improved a bit since its lackluster launch, after the company opened it up… Read MoreRakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin
Feb 27, 1:52PM
Back in 2016, Amazon’s Japanese rival Rakuten acquired Bitnet, a bitcoin wallet startup that it had previously invested in, to help it work on blockchain technology and applications. Today, one of the first fruits of that deal has come to light. The company is planning a new cryptocurrency called Rakuten Coin — built on blockchain technology and the company’s existing… Read MoreIndustrious picks up $80M to outclass WeWork for the enterprise
Feb 27, 1:41PM
Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 cities nationwide. “Industrious is high… Read MoreAll-star team of synthetic biologists raise $53 million for cancer therapy startup Senti
Feb 27, 12:25PM
A who’s-who from the world of synthetic biological research have come together to launch Senti Biosciences with $53 million in funding from a slew of venture capital investors. Led by Tim Lu, a longtime researcher at the Massachusetts Institute of Technology and one of the founding fathers of synthetic biology, Senti’s aim is nothing less than developing therapies that are tailored… Read MoreNiche raises $6.6 million to help with your school search
Feb 27, 12:24PM
Carnegie Mellon grad Luke Skurman built the first version of Niche in 2002. Originally called College Prowler, it was an online store selling physical college guidebooks. Times changed and the site changed with it, first taking on over a $1 million in investment to ramp up with a new name and then hitting a $6.6 million series B from Allen & Company and Grit Capital. Skurman, a San… Read MoreAiFi emerges from stealth with its own take on cashier-free retail, similar to Amazon Go
Feb 27, 12:00PM
Farwell, cashier jobs. Following the launch of Amazon’s cashless, cashier-free Amazon Go convenience store in Seattle, a startup called AiFi is emerging from stealth today to announce the availability of its own checkout-free solution for retailers. But unlike Amazon Go, AiFi claims its A.I., sensor and camera network-based system can scale from a small mom-and-pop all the way up to a… Read MorePeanut, the matchmaking app for moms, launches a community feature called Peanut Pages
Feb 27, 12:00PM
Peanut, the app referred to as “Tinder for moms” because it connects mothers by letting them swipe each other’s profiles, is launching a new community discussion feature. Called Peanut Pages, it’s meant to give mothers a better alternative to Facebook Groups, Quora and other social platforms. Read MoreJoin Michael Casey and Paul Vigna in New York tomorrow
Feb 27, 10:21AM
A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’d love for you to come. You can RSVP here and space is limited. It’s happening Tomorrow, February 28, at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys… Read MoreMore details of Blossom Capital emerge, a new fund co-founded by ex-Index VC Ophelia Brown
Feb 27, 10:05AM
It was well-known that ex-Index VC Ophelia Brown was ‘doing a fund of her own’ after she departed Robin and Saul Klein’s LocalGlobe in April, the London-based seed investment firm where she was a General Partner. However, it wasn’t until last month that Blossom Capital, as Brown’s new firm is called, broke cover. As reported by Business Insider, Brown has teamed… Read MoreAuthor Ryan Holiday on "the nature of world-altering success"
Feb 27, 9:55AM
It could be said that the first few years of this current tech boom were fueled by mostly harmless, relatively easy products—websites for sharing your photos, for looking up stuff, for connecting with old friends. And the people who made them were seen as mostly good people. Yet this feel-good perception has slowly and then suddenly disappeared. Users have begun to regard once trusted… Read MoreAlibaba moves to gobble up China-based food delivery startup Ele.me in full
Feb 27, 9:03AM
Alibaba’s 2018 investment spree looks set to continue after it made a push to buy Ele.me, the food delivery startup from China that it has invested in, in full. Bloomberg reported yesterday that Alibaba plans to purchase the roughly-60 percent of Ele.me that it currently doesn’t own from the other investors, which include search giant Baidu. TechCrunch has confirmed that with… Read MoreChina's web censors go into overdrive as President Xi Jinping consolidates power
Feb 27, 6:23AM
A week that begins with the repeal of regulation that prevents dictatorship in China is likely to be a busy one for the country’s censorship people, and so it has proven to be. China’s web scrubbers have been busy banning a collection of terms and dropping the hammer on user accounts after the Xi Jinping, the country’s premier, got the all-clear to become ‘President… 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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