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Optimistic
Sep 09, 6:57PM
I spent TechCrunch’s latest Disrupt extravaganza asking questions of various notables onstage, and what struck me most was how fantastically optimistic they were. To pick two examples: Kai-Fu Lee talked about preparing for a world of mass plenitude and abundance 30-50 years from now; Dario Gil waxed enthusiastic about quantum computers simulating life-changing new materials […]
Interview with Priscilla Chan: Her super-donor origin story
Sep 09, 4:02PM
Priscilla Chan is so much more than Mark Zuckerberg's wife. A teacher, doctor, and now one of the world's top philanthropists, she's a dexterous empath determined to help. We've all heard Facebook's dorm-room origin story, but Chan's epiphany of impact came on a playground. In this touching interview this week at TechCrunch Disrupt SF, Chan […]
Tokens can better incentivize startup employees than equity
Sep 09, 2:20PM
Token structuring and tokeneconomics are among of the most important considerations when designing a blockchain. When thinking about how best to distribute these tokens, founders often think about how the tokens will impact external stakeholders such as their investors, the community, and stakers (people that can mine or validate block transactions according to how many coins […]
LendingTree is the secret success story of fintech
Sep 09, 2:01PM
For all of the excitement centered around fintech over the past half-decade, most venture-backed fintech companies struggle to acclimate to public markets. LendingClub and OnDeck have plummeted since their late 2014 IPOs after several years of darling status in the private markets. GreenSky, which went public in May of this year, has been unable to […]
Unmortgage scores £10M seed round to offer 'part-own, part-rental' housing
Sep 09, 11:54AM
“Unmortgage enables everyone to live in the home they want to, that’s our mission,” Unmortgage co-founder and CEO Ray Rafiq-Omar tells me. “We do that by allowing people to buy as little as five percent of a home and rent the rest. So there’s no mortgage involved, hence the name Unmortgage”. The burgeoning London startup, […]
Hate speech, collusion, and the constitution
Sep 08, 8:33PM
Half an hour into their two-hour testimony on Wednesday before the Senate Intelligence Committee, Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey were asked about collaboration between social media companies. “Our collaboration has greatly increased,” Sandberg stated before turning to Dorsey and adding that Facebook has “always shared information with other companies.” Dorsey nodded […]
Jack Ma says he isn't about to retire from Alibaba but is planning a gradual succession
Sep 08, 6:33PM
Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. The New York Times first reported that the entrepreneur plans to announce that he will leave the firm to pursue […]
Alex Jones' Infowars gets banned from Apple's App Store
Sep 08, 6:20PM
Another domino has fallen in Alex Jones' media empire. Apple confirmed with TechCrunch this week that it's pulled the controversial conspiracy theorist/provocateur from the App Store this week, banning the Infowars app over violations to its "objectionable content" rules. Slightly more specifically, the host was determined to have violated the TOS around "defamatory, discriminatory, or […]
Nima launches food sensor to detect peanuts
Sep 08, 6:00PM
I’m deathly allergic to nuts, so I felt super excited when I heard about the Nima peanut sensor. I’ve ended up in the emergency room numerous times because there were nuts in something I thought did not contain nuts. With Nima, I could’ve tested those specific foods before consumption and probably avoided a trip to […]
What you need to know ahead of the EU copyright vote
Sep 08, 4:00PM
European Union lawmakers are facing a major vote on digital copyright reform proposals on Wednesday — a process that has set the Internet’s hair fully on fire. Here’s a run down of the issues and what’s at stake… Article 13 The most controversial component of the proposals concerns user-generated content platforms such as YouTube, and […]
A year later, Equifax lost your data but faced little fallout
Sep 08, 1:00PM
A lot can change in a year. Not when you’re Equifax. The credit rating giant, one of the largest in the world, was trusted with some of the most sensitive data used by banks and financiers to determine who can be lent money. But the company failed to patch a web server it knew was […]
Only 48 hours left to apply for Startup Battlefield Africa 2018
Sep 08, 9:00AM
It's go-time people. As in go apply right now to compete in TechCrunch Startup Battlefield Africa 2018 — do it now because in 48 short hours, the application window slams shut for good. Think you have the best early-stage startup in Sub-Saharan Africa? Do you dream on a global scale? Then come to Lagos, Nigeria […]
Coinbase plots to become the New York Stock Exchange of crypto securities
Sep 07, 11:27PM
The future of Coinbase looks something like the New York Stock Exchange. That’s according a vision laid out by CEO Brian Amstrong who was interviewed on stage at TechCrunch Disrupt in San Francisco today. Coinbase is known for being the most popular exchange for converting fiat currency into crypto — most of the largest traded […]
Coinbase's Brian Armstrong: 'I'd love to run a public company'
Sep 07, 11:24PM
Brian Armstrong, the CEO of cryptocurrency trading platform Coinbase, wants to take his company public — maybe on the blockchain. Onstage at TechCrunch Disrupt SF 2018, Armstrong dished on his ambitions for the future of Coinbase. “We are self-sustaining,” Armstrong said. “You know, we've been profitable for quite a while. We don't have any plans […]
And the winner of Startup Battlefield at Disrupt SF 2018 is… Forethought
Sep 07, 11:23PM
Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front of multiple groups of VCs and tech leaders serving as judges for a chance to win $100,000 and the coveted Disrupt Cup. After hours of deliberations, TechCrunch editors pored over the judges' […]
Fortnite hits 15 million installs on Android
Sep 07, 11:20PM
Circumventing the Google Play store wasn't exactly a gamble for Epic, given the fact that Fortnite is essentially a license to print money. But even by its own standards, the game is posting some impressive numbers three weeks after hitting Android. In a blog post this week, Epic noted that the wildly popular sandbox survival […]
DARPA announces $2B investment in AI
Sep 07, 11:01PM
At a symposium in Washington DC on Friday, DARPA announced plans to invest $2 billion in artificial intelligence research over the next five years. In a program called “AI Next,” the agency now has over 20 programs currently in the works and will focus on “enhancing the security and resiliency of machine learning and AI technologies, reducing […]
Elon Musk shuffles Tesla's executive team in email
Sep 07, 9:56PM
After a string of executive departures over the past several months that continued Friday with the resignations of two people in high-profile positions, CEO Elon Musk announced a series of promotions and job updates in an email sent to employees. To be clear, these are not new hires and some of these promotions were already […]
Amazon's cashier-free Go store is coming to NYC
Sep 07, 9:44PM
A day after cutting the ribbon on its second (and largest) cashier-free convenience store in Seattle, Amazon has confirmed it will be bringing the Go concept to the City that Never Sleeps. The Information first noted the news through a number of job listings last night. The company has since confirmed its plans in an […]
Fast-growing game engine startup Unity loses its CFO
Sep 07, 9:35PM
Unity Technologies, the highly valued startup behind one of the most popular game development tools, lost its CFO Mike Foley last week, Business Insider (paywalled) reported. A company spokesperson confirmed the CFO’s departure, saying it was a “friendly and mutual decision between both parties,” while also noting that the company was searching for a replacement […]
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