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Golden Gate Ventures closes new $100M fund for Southeast Asia
Sep 14, 1:21AM
Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The fund hit a first close in the summer, as TechCrunch reported at the time, and now it has reached full capacity. Seven-year-old Golden Gate said its LPs include existing backers Singapore […]
A Tesla investor says he was recently questioned by US regulators about that infamous 'funding secured' tweet
Sep 13, 11:39PM
Last week, onstage at TechCrunch Disrupt, regulator Jina Choi, who heads the SEC’s wide-reaching San Francisco unit, declined to confirm or deny that the SEC is investigating Tesla CEO Elon Musk for possible fraud. Said Choi, “I can’t tell you about any particular investigation in our office. And I can’t confirm or deny the existence […]
Nintendo finally announces some new games for the Switch
Sep 13, 11:38PM
Nintendo is at last (at last!) bringing some new content to the Switch! Yes! In a Nintendo Direct, the company let fly a number of games and a couple of original titles. The biggest Nintendo-produced titles we had glimpses of are a new Animal Crossing in development for the Switch and Luigi’s Mansion 3. We […]
Nintendo's NES Switch controllers activate the nostalgia centers (and wallets) of retro gamers
Sep 13, 11:18PM
The news that Nintendo would be adding NES games to the Switch as part of its paid online service had a mixed reception, but the company has completely made up for this controversial decision by releasing wireless NES controllers with which to play those games. At $60 they’re a bit steep, but come on. You […]
The iPhone XR is the one to get
Sep 13, 10:53PM
The iPhone XR arrived like an afterthought. No surprise, really. Apple's always been one to lead with its best foot forward — the latest, greatest and, quite literally, the largest. Projecting the life on the bleeding edge is a cornerstone of the company's image, market share and stock price. The iPhone XR isn't that. In […]
Former Uber exec alleges ex-PR chief 'destroyed his reputation'
Sep 13, 10:00PM
A nasty legal battle is set to play out between two former Uber executives. Eric Alexander, the ride-hailing company’s former president of business in Asia-Pacific, has filed suit against former Uber PR chief Rachel Whetstone . Alexander blames Whetstone for his firing from Uber in June 2017, claiming her “grossly misleading statements” both internally at Uber and […]
Twitch hires head of diversity and inclusion
Sep 13, 9:00PM
Twitch, the Amazon-owned streaming platform, has brought on its first head of diversity and inclusion, as well as a new chief financial officer and chief human resources officer. Katrina Jones, who will start next month as Twitch’s head of diversity and inclusion, is the former head of diversity at Vimeo. At Vimeo, Jones created the […]
The second blockchain bubble is now complete — what's next?
Sep 13, 8:57PM
The last few months haven't been easy for crypto investors. Following the dizzying highs of crypto trading late last year, which saw Bitcoin reach a peak of $19,276 and a market cap of $323 billion and Ether reach $1,152 with a market cap of more than $112 billion, prices have crashed. Today, Bitcoin trades at […]
The funding mirage: How to secure international investment from emerging markets
Sep 13, 8:00PM
Looking for funding as a startup in Latin America is a lot like looking for a watering hole in the middle of the desert. You know it's out there, but finding it in time is a life or death situation.
It's the end of crypto as we know it and I feel fine
Sep 13, 7:55PM
Watching the current price madness is scary. Bitcoin is falling and rising in $500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period […]
Microsoft acquires Lobe, a drag-and-drop AI tool
Sep 13, 7:08PM
Microsoft today announced that is has acquired Lobe, a startup that lets you build machine learning models with the help of a simple drag-and-drop interface. Microsoft plans to use Lobe, which only launched into beta earlier this year, to build upon its own efforts to make building AI models easier, though, for the time being, […]
This insect-inspired robot can fly a kilometer on a charge with its flappy wings
Sep 13, 6:01PM
The incredible agility of the common house or fruit fly puts every drone and robot to shame, but devices inspired by them are beginning to catch up. A new four-winged flapping robot not only successfully imitates the fruit fly's hyper-agile flying method, but can travel for up to a kilometer before running out of juice.
JBL's smart display combines Google smarts with good sound
Sep 13, 5:49PM
If you’re looking for a smart display that’s powered by the Google Assistant, you now have two choices: the Lenovo Smart Display and the JBL Link View. Lenovo was first out of the gate with its surprisingly stylish gadget, but it also left room for improvement. JBL, given its heritage as an audio company, is putting […]
Why rumors that Adobe could be in talks to buy Marketo make sense
Sep 13, 5:31PM
Adobe could be shopping for another piece of the digital marketing puzzle, as reports surfaced today that the company might be in talks with Vista Equity Partners to buy Marketo, a company the private equity firm purchased in May 2016 for $1.8 billion in cash. Reuters was first to report the rumor. While the report […]
Facebook's new 'SapFix' AI automatically debugs your code
Sep 13, 5:29PM
Facebook has quietly built and deployed an artificial intelligence programming tool called SapFix that scans code, automatically identifies bugs, tests different patches and suggests the best ones that engineers can choose to implement. Revealed today at Facebook’s @Scale engineering conference, SapFix is already running on Facebook’s massive code base and the company plans to eventually […]
Online used car startup Shift raises $140 million
Sep 13, 5:19PM
Shift Technologies, an online marketplace for used cars, has closed a Series D financing round of more than $140 million in equity and debt. The round, which consists of about $70 million in debt and $71 million in equity, was led by automotive retailer Lithia Motors. Bryan DeBoer, CEO and president of Lithia, will join Shift's […]
US lawmakers warn spy chief that 'deep fakes' are a national security threat
Sep 13, 5:09PM
What once sounded like science fiction is now a reality: creating almost-perfectly faked videos of people saying things they never did. Surprise: Now they’re a reality, thanks to modern computing power and the power to instantly share it on the world’s social stage. But U.S. lawmakers are worried that these faked videos could be used […]
OnePlus will ditch the headphone jack on its next phone
Sep 13, 5:00PM
Welp. After making a show of keeping the headphone jack around for a few extra generations, OnePlus is finally succumbing to the inevitable. The company tweeted an image of USB-C headphones and confirmed that the port will bite the dust on the upcoming 6T. "You’ve got to make decisions that optimize the user experience, and […]
Uber is investing $150M in Toronto to expand self-driving car efforts
Sep 13, 4:50PM
Months after an Uber self-driving vehicle struck and killed a pedestrian in Tempe, Arizona, the ride-hailing giant has announced it's adding a new engineering hub in Toronto and expanding its autonomous research team as it refocuses its self-driving car efforts.
Website builder Strikingly raises $10M Series A+ to continue growth in China
Sep 13, 4:45PM
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with participation from CAS Holding, the lead investor in Strikingly's Series A. This brings Strikingly's total funding so far to $17.5 million. Co-founder and […]
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