Thursday, March 1, 2018

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Box shares fall over 20% on slowed growth

Mar 01, 3:35PM

 Cloud storage provider Box started out the day Thursday down over 20% on the stock market. Shares traded as low as $19.11 in early hours of trading, down from a previous close of $24.07. The company reported quarterly earnings after the bell on Wednesday, and while its losses of six cents per share surpassed analyst expectations of negative eight cents, investors were concerned about the… Read More



The new Light Phone 2 keeps things basic but adds e-ink and 'essentials'

Mar 01, 3:26PM

 Light is back with a new twist on its anti-smartphone phone. But this time, instead of doing just one thing, the Light Phone 2 does a few, and exists somewhere between the original Light and your overwrought iPhone – though still far closer to the first-generation Light phone overall. The new design features a matte finish e-ink display, which occupies most fo the front face of the… Read More



ClassPass introduces credits

Mar 01, 3:00PM

 ClassPass is not accustomed to sitting idle. The startup, a subscription marketplace that lets users find and book fitness classes, is today introducing credits. ClassPass CEO Fritz Lanman hinted at the change at Disrupt SF last year, explaining that the service has a great market fit with a certain demographic, but doesn’t work as well for people who want more value for their money.… Read More



Harley-Davidson and Alta Motors to co-develop electric motorcycles

Mar 01, 2:58PM

 Motorcycle giant Harley-Davidson is now a stakeholder in Alta Motors, the electric motorcycle and light vehicle EV drivetrain maker based in Brisbane, California. Harley-Davidson and Alta made the investment public today, and also announced that Alta Motors will collaborate with the legendary motorbike maker on building future electric motorcycles as part of the deal. This comes hot on the… Read More



Bugcrowd bug bounty platform gets big boost with $26 million Series C investment

Mar 01, 2:00PM

 Bugcrowd and HackerOne both launched in 2012 and both companies are competing in the growing bug bounty market to pay a network of white hat hackers to bang on client software to find vulnerabilities. Today, Bugcrowd announced a $26 million Series C jolt led by Triangle Peak Partners. Bugcrowd is built on the premise that it’s better to dangle a cash reward to a group of people… Read More



Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Mar 01, 2:00PM

 Uber’s launching a new business line called Uber Health on Thursday that will provide a ride-hailing platform available specifically to healthcare providers, letting clinics, hospitals, rehab centers and more easily assign rides for their patients and clients from a centralized dashboard – without requiring that the rider even have the Uber app, or a smartphone. The Uber Health… Read More



DoorDash raises $535M, now valued at $1.4B

Mar 01, 2:00PM

 Restaurant delivery service DoorDash is joining the unicorn club with its latest round of funding. The company is announcing that it’s raised $535 million in a Series D round. And while it’s not saying anything about valuation, a source close to DoorDash told us that the new funding values the company at $1.4 billion (post-money). DoorDash had previously raised around $186… Read More



GoFundMe relaunches nonprofit fundraising site CrowdRise

Mar 01, 1:49PM

 After acquiring CrowdRise over a year ago to double down on fundraising for non-profits, GoFundMe is today taking the wraps off a new product that will supercharge the service. CrowdRise by GoFundMe is a new version of the site that signifies the next step of development for GoFundMe, as it starts to work with larger organizations (and by association, larger campaigns and funding totals). It… Read More



Bullitt is turning smartphones into toolboxes

Mar 01, 1:40PM

 Given the fact that we already rely on them for pretty much everything else, why not just go all in and turn our smartphones in to literal toolboxes? Bullitt, the UK-based licensed phone manufacturer behind those Kodak handsets was on hand at Mobile World Congress this week, showing off a pair of super rugged handsets. They’re not for everyone, sure, but in a world where most phones… Read More



Bullitt is turning smartphones into toolboxes

Mar 01, 1:40PM

 Given the fact that we already rely on them for pretty much everything else, why not just go all in and turn our smartphones in to literal toolboxes? Bullitt, the UK-based licensed phone manufacturer behind those Kodak handsets was on hand at Mobile World Congress this week, showing off a pair of super rugged handsets. They’re not for everyone, sure, but in a world where most phones… Read More



Astranis emerges from stealth with a new satellite technology for connecting the world

Mar 01, 12:35PM

 There’s a new entrant in the race to provide internet connectivity to the roughly four billion humans on the wrong side of the world’s digital divide. Launching from stealth today with a new investment from Andreessen Horowitz is Astranis — the developer of a new satellite technology that aims to transmit data down to specific terrestrial locations with each satellite it… Read More



Helix holds first close on a planned $200 million investment in its genetic services marketplace

Mar 01, 12:30PM

 Welcome to the future… where startups are willing to customize everything from a diet regimen to a workout plan, or family planning to personal fashion based on an individual’s genetic code.  Read More



The top smartphones of MWC 2018

Mar 01, 12:10PM

 Like CES, this week’s Mobile World Congress feels like a bit of a down year, now that the smoke has cleared. Perhaps it was fact that Samsung’s big news stole the show before it even began. Maybe it’s companies’ continued push to launch handsets on their own terms. It could also be that, as many have predicted, the age of the smartphone is truly drawing to an end.… Read More



Microsoft Soundscape helps the visually impaired navigate cities

Mar 01, 12:00PM

 Microsoft today launched Soundscape, a new iOS app that aims to give people who are blind or visually impaired a greater awareness of their surrounding by using 3D cues. It’s worth stressing that the app isn’t about replacing guide dogs or canes. Instead, it’s all about enriching people’s perception of their surroundings. A guide dog can’t tell you that your… Read More



Daimler buys remaining 25% stake of car sharing startup car2Go from EuropCar for $85M

Mar 01, 11:54AM

 German automaker Daimler has been steadily investing in a stream of new transportation services as it positions itself for the next generation of car ownership and travel. Today, it consolidated its position in one of those business: it paid €70 million ($85 million) to buy the remaining 25 percent of car-sharing company car2Go that it did not already own, valuing car2Go at €280 million… Read More



Asus' Zenfone 5 is the king of the MWC iPhone X knockoffs

Mar 01, 11:10AM

 Sure, Apple didn’t have any sort of official presence at this year’s MWC, but this was the week the iPhone X really came into its own. The company’s premium flagship was everywhere in spirit, through the design choices from the competition. For some it was the mere legitimization of the notch — for others, the inspiration was a bit more unabashed. With Huawei’s… Read More



The SEC is reportedly investigating a number of ICOs

Mar 01, 10:57AM

 The SEC is getting up close and personal with companies that have raised ICOs, according to a new report. Citing sources, the Wall Street Journal is reporting that the commission has “issued dozens of subpoenas and information requests” to tech companies that have held token sales and a number of advisors associated with them. More specifically, it appears that the SEC is… Read More



Apply for Startup Battlefield Europe Today

Mar 01, 9:12AM

 Ah, springtime in Paris — the City of Love. Couples strolling hand-in-hand down the Avenue des Champs-Élysées. Early-stage tech startups converging on the Paris Expo Porte de Versailles…um, say what? That’s right. Love of technology is in the air, and TechCrunch will host Startup Battlefield Europe at VivaTech on May 24th – 25.  Applications are still open! apply… Read More



Microsoft signs its first renewable energy deal in Asia with Singaporean solar firm Sunseap

Mar 01, 7:03AM

 As part of its goal to use more renewable energy in its datacenters, Microsoft said it has entered an agreement with Singapore-based clean energy firm Sunseap. The value of Microsoft’s investment was not disclosed, but an announcement today said it will create “the single-largest solar energy portfolio in Singapore to date.” Read More



Tencent Music, Spotify's strategic partner in China, is valued at over $12B

Mar 01, 5:22AM

 Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipped for IPO — Tencent Music — which is now valued at over $12 billion. Tencent and Spotify announced a share swap in December that saw each side take an undisclosed slice of the other for strategic purposes going forward. According to… Read More




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