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July sets a record for number of $100M+ venture capital rounds
Aug 05, 5:10PM
In July 2018, the tech sector's leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more. With 55 deals accounting for just over $15 billion, July likely set an all-time record for the number of huge venture deals struck in a single month.
Original Content podcast: The end is in sight on 'Orange is the New Black'
Aug 05, 2:00PM
Orange is the New Black is back for a sixth season, dealing with the fallout from season five and shifting the location to the maximum security wing of Litchfield Prison. On the latest episode of the Original Content podcast, we’re joined by Megan Rose Dickey to discuss the latest developments on one of Netflix’s longest-running […]
Who do you trust?
Aug 05, 1:00PM
Another week, another high-profile hack. This week it was (checks notes) Reddit. What makes this one marginally more interesting is that the victims were using two-factor authentication, i.e. SMS codes texted to them to verify their identities when their accounts were accessed — which turned out to be little more than a speed bump for […]
Venezuela claims drones loaded with explosives used in failed attack on president
Aug 05, 12:56PM
Is the dystopian future of shoestrong budget weaponized drone attacks here already? The BBC and AP are reporting claims by the Venezuela government of an assassination attempt on its president using a couple of drones carrying explosives. President Nicolás Maduro was giving a speech at a military event in Caracas which was being screened live on television […]
Wonga investors inject £10M so cash-strapped payday lender can fund claims
Aug 05, 11:13AM
If you were at Disrupt London four years ago you may remember more than a little awkwardness during an investor panel when two VCs that had invested in European payday loans firm Wonga declined to comment on what had gone wrong at their portfolio company in the wake of a £220M write down. Yesterday Sky News reported that those same […]
Only 24 hours left to apply for Startup Battlefield MENA 2018
Aug 05, 9:00AM
Time is running out for the best entrepreneurial tech minds and makers across the Middle East and North Africa to compete in TechCrunch Startup Battlefield MENA 2018, which takes place in Beirut, Lebanon on October 3 at the Beirut Digital District. Applications to our premier startup-pitch competition close in just 24 hours. We’ve been traveling around […]
Patrick Stewart is returning to the role of Jean-Luc Picard for a new Star Trek series
Aug 04, 9:19PM
Did you ever think Patrick Stewart would return to the role of Jean-Luc Picard? Neither did he. But he will! Sir Pat Stew himself just announced the news on Instagram, timed to line up with an on-stage announcement at the Star Trek Las Vegas 2018 convention: I will always be very proud to have been […]
India may become next restricted market for U.S. cloud providers
Aug 04, 7:34PM
Data sovereignty is on the rise across the world. Laws and regulations increasingly require that citizen data be stored in local data centers, and often restricts movement of that data outside of a country's borders. The European Union's GDPR policy is one example, although it's relatively porous. China's relatively new cloud computing law is much […]
Boston-area startups are on pace to overtake NYC venture totals
Aug 04, 5:10PM
Boston has regained its longstanding place as the second-largest U.S. startup funding hub. After years of trailing New York City in total annual venture investment, Massachusetts is taking the lead in 2018.
What we know about the Note 9
Aug 04, 4:29PM
Some companies keep products a closely guarded secret, like they were nuclear codes or ingredients to a popular cola. Others seem less concerned about the whole thing, as long as it keeps people talking. Based on all we've seen from the Galaxy Note 9 to date, it seems that Samsung falls firmly into the latter […]
Virus shuts down factories of major iPhone component manufacturer TSMC
Aug 04, 3:45PM
Apple touts the cybersecurity of its iPhone, but less can be said for the exclusive manufacturer who makes the processor for the iPhone. Semiconductor foundry TSMC, or Taiwan Semiconductor Manufacturing Company, was hit by a virus late Friday night, which forced it to shut down several factories according to Debbie Wu at Bloomberg. The virus […]
Washington hit China hard on tech influence this week
Aug 04, 2:41PM
After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China's tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs. We've been following the reforms to CFIUS — the Committee […]
The greedy ways Apple got to $1 trillion
Aug 04, 1:02PM
For being the richest company ever with $243 billion in cash, Apple sure cuts corners in the stingiest ways. The hardware giant became the first trillion-dollar company this week. Yet it’s tough to reconcile Apple earning $11 billion in profit per quarter with it still screwing us over on cords and keyboards. The “it just […]
Facebook Dating will be a feature, not an app; here's a peek
Aug 03, 10:25PM
Facebook Dating doesn’t plan to launch a standalone dating app, which should temper expectations about how deeply it’s diving into Tinder and Match Group’s territory. The feature will be based inside Facebook’s main app, alongside its many other utilities buried beyond the home screen. It’s not ready for the public yet, but company employees are […]
Rentlogic lands millions to grade NYC real estate for renters and landlords
Aug 03, 10:25PM
A company called Rentlogic has raised $2.4 million to take the guesswork out of determining whether that cheap, beautiful New York apartment is actually a deathtrap wrapped in a brownstone's clothing. Renting in New York is murder already, but using Rentlogic, apartment hunters can figure out if their new housing situation could actually kill them (or put them […]
EA apologizes for 'unfortunate mistake' of cutting Colin Kaepernick reference from 'Madden'
Aug 03, 9:30PM
EA became the subject of online scrutiny this week when it was discovered that the gaming giant deleted a reference to Colin Kaepernick on the soundtrack for Madden 19. The former 49ers quarterback was name-checked by rapper Big Sean on a verse of the YG song "Big Bank," only to have the mention deleted. The […]
Kin expands its celebrity-driven 'neighborhood' model for online video
Aug 03, 8:53PM
Digital media company Kin has announced a slate of new video series from singer/actress Jordin Sparks, Bachelorette JoJo Fletcher and Jordan Rodgers (who successfully proposed to Fletcher over on the series). The company also revealed more details about its programming with Vanessa Lachey (who had already signed on with her husband Nick). She’ll be hosting a […]
GameFly to shutter streaming service this month
Aug 03, 8:35PM
GameFly, the video game rental company, will be shutting down its streaming service at the end of the month, Variety reported earlier this week. This closure comes just over three years after the streaming service launched in 2015. GameFly, the no-console streaming service for gamers, offered packages for $7 and $10 per month that gave users unlimited access […]
Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions
Aug 03, 7:51PM
Sometimes smart contracts can be pretty dumb. All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise, a new Los Angeles-based startup, […]
JetLenses aims to save you a bunch of money on your contacts
Aug 03, 7:23PM
A Y Combinator-backed startup, JetLenses, is taking on the major contact lens e-commerce sites, like 1-800-Contacts, Lens.com, and other online ordering systems offered by major retailers, such as Walmart. The startup’s goal is to bring down the cost of prescription products by automating the overhead associated with these businesses, in areas like prescription verification, order […]
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