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Snap's exec team continues to shrink as more reports of internal drama surface
Jan 18, 11:45PM
Days after Snap announced the departure of its CFO, reports have emerged that the company’s HR chief was asked to leave following an internal investigation late last year that had led to the firing of its global security head. The Wall Street Journal is reporting that Snap fired global security head Francis Racioppi late last […]
Facebook fears no FTC fine
Jan 18, 10:58PM
Reports emerged today that the FTC is considering a fine against Facebook that would be the largest ever from the agency. Even if it were 10 times the size of the largest, a $22.5 million bill sent to Google in 2012, the company would basically laugh it off. Facebook is made of money. But the […]
Curious 23andMe twin results show why you should take DNA testing with a grain of salt
Jan 18, 10:08PM
If you’ve ever enthusiastically sent your spit off in the mail, you were probably anxious for whatever unexpected insights the current crop of DNA testing companies would send back. Did your ancestors hang out on the Iberian peninsula? What version of your particular family lore does the science support? Most people who participate in mail-order […]
Free to play games rule the entertainment world with $88 billion in revenue
Jan 18, 9:56PM
They may be free, but they sure pay. Games with no upfront cost but a plethora of other ways to make money generated a mind-blowing $88 billion in 2018 according to SuperData’s year-end report — leaving traditional games (and indeed movies and TV) in the dust. While it may not come as a surprise that […]
FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone
Jan 18, 9:50PM
Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons — from nearly the day it launched, to its near merger with rival DraftKings, to its […]
Wine-by-the-glass subscription service Vinebox raises $5.9 million
Jan 18, 9:04PM
One SF startup wants you to get home from a day at work and polish off a bottle of wine by yourself. Vinebox isn’t really trying to get you wasted though, these bottles are cute and tiny. The small startup is hoping that they can get consumers into the idea of buying premium quality wine-by-the-glass […]
Salesforce is building new tower in Dublin and adding hundreds of jobs
Jan 18, 8:42PM
Salesforce put the finishing touches on a tower in San Francisco last year. In October, it announced Salesforce Tower in Atlanta. Today, it was Dublin’s turn. Everyone gets a tower. Salesforce first opened an office in Dublin back in 2001, and has since expanded to 1,400 employees. Today’s announcement represents a significant commitment to expand even further, […]
Sony venture arm invests in geocoding startup what3words
Jan 18, 8:20PM
Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has […]
Alphabet's Verily scores FDA clearance for its ECG monitor
Jan 18, 6:51PM
Big week for Google wearable news — which, honestly, is not a phrase I expected to write in 2019. But a day after the company announced an agreement to purchase Fossil's wearable technology for $40 million, Alphabet-owned research group Verily just scored FDA clearance for its electrocardiogram (ECG) technology. The clearance pertains specifically to the […]
Corruption at DJI may cost the company $150 million
Jan 18, 6:25PM
DJI, the world's leading maker of consumer drones, said today that extensive corruption discovered within the company could lead to losses as great as $150 million in the 2018 financial year. The exact nature of the corruption is not stated, but it seems to involve dozens of people at the least.
Veteran Googler heads to Lyft to lead team of 1,000-plus engineers
Jan 18, 6:04PM
Eisar Lipkovitz, a veteran Google executive who most recently led the video and display advertising team there, is leaving the company to head up engineering efforts at Lyft . As executive vice president of engineering, Lipkovitz will be leading Lyft’s engineering team, which now eclipses 1,000 people. Lipkovitz’s hiring comes on the heels of massive […]
Reserve your demo table today for the TechCrunch Winter Party at Galvanize
Jan 18, 6:00PM
There are just three short weeks until Silicon Valley's startup community takes a night off to relax, connect and get down at the 2nd Annual TechCrunch Winter Party at Galvanize. It's not just an opportunity to have a great time — although you will. It's also the chance for promising early-stage startups to strut their […]
Facebook is secretly building LOL, a cringey teen meme hub
Jan 18, 5:59PM
How do you do, fellow kids? After Facebook Watch, Lasso and IGTV failed to become hits with teens, the company has been quietly developing another youthful video product. Multiple sources confirm that Facebook has spent months building LOL, a special feed of funny videos and GIF-like clips. It’s divided into categories like "For You," "Animals," […]
Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals
Jan 18, 5:50PM
With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geter, the new collaborative investment strategy focused on tech startups will […]
Google starts pulling unvetted Android apps that access call logs and SMS messages
Jan 18, 5:17PM
Google is removing apps from Google Play that request permission to access call logs and SMS text message data but haven’t been manually vetted by Google staff. The search and mobile giant said it is part of a move to cut down on apps that have access to sensitive calling and texting data. Google said in […]
Daily Crunch: Tesla cuts its workforce
Jan 18, 5:15PM
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Tesla to cut workforce by 7 percent and focus on Model 3 production In an email to employees, CEO Elon Musk […]
Sling TV adds personalized recommendations, launching first on Apple TV
Jan 18, 5:09PM
Sling TV, Dish’s live TV streaming service, will now make personalized suggestions of what to watch. The company this week introduced a new recommendations feature that will highlight the shows, movies, sports and news content it believes you’ll like, based on your viewing history. The feature is initially available on Apple TV, but will roll […]
SaaS stocks are coming back to life
Jan 18, 4:53PM
Nasdaq’s BVP Emerging Cloud Index measures the performance of a portfolio of 45 SaaS stocks. Like much of the tech world, and the stock market in general, the final quarter of 2018 was not terribly kind. The good news is that there are signs of life. On November 19th, SaaS stocks had a noteworthy bad […]
Microsoft is calling an audible on smart speakers
Jan 18, 4:20PM
The Harman Kardon Invoke was fine. But let's be real — the first Cortana smart speaker was dead on arrival. Microsoft's smart assistant has its strong suits, but thus far statement of purpose hasn't been among them. CEO Satya Nadella appears to have acknowledged as much this week during a media event at the company's […]
Privacy campaigner Schrems slaps Amazon, Apple, Netflix, others with GDPR data access complaints
Jan 18, 3:40PM
European privacy campaigner Max Schrems has filed a fresh batch of strategic complaints at tech giants, including Amazon, Apple, Netflix, Spotify and YouTube. The complaints, filed via his nonprofit privacy and digital rights organization, noyb, relate to how the services respond to data access requests, per regional data protection rules. Article 15 of Europe’s General […]
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