Thursday, January 24, 2019

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Singapore's Credit Culture raises $29.5M for its soon-to-launch digital loan business

Jan 24, 6:57AM

Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recently closed rounds, so Credit Culture, a digital loan specialist — has banked SG$40 million ($29.5 million) ahead of its imminent launch. Credit Culture has raised its capital from […]


Zimbabwe's government faces off against its tech community over internet restrictions

Jan 24, 6:45AM

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Harley Davidson reveals more about its push into electric vehicles Venture capital, global expansion, blockchain and drones characterize African tech in 2018 After days of intermittent blackouts at the […]


Twitter testing 'Original Tweeter' tag to distinguish who started a thread

Jan 24, 3:33AM

Twitter is testing a new tag that will make it easier to parse who started a thread. The new feature, which is starting to pop up for some users, makes it easier to find posts from the original tweeter within a thread, but may also help curb (some types of) abuse on the platform, making […]


Microsoft confirms Bing is down in China

Jan 24, 2:54AM

Microsoft’s Bing is down in China, according to users who took to social media beginning Wednesday afternoon to complain and express concerns. The Seattle-based behemoth has confirmed that its search engine is currently inaccessible in China and is “engaged to determine next steps,” a company spokesperson said in a statement to TechCrunch Thursday morning. Citing […]


Buzzfeed will cut its staff by 15% in major round of layoffs

Jan 24, 1:26AM

It’s a dark day to work in media. On the heels of news that TechCrunch parent company Verizon Media Group (formerly Oath) would lay off roughly 800 workers, BuzzFeed has announced its own substantial staffing cuts. And though they were anticipated, Gannett also made substantial cuts to newsrooms around the US on Wednesday. In a memo […]


AWS launches WorkLink to make accessing mobile intranet sites and web apps easier

Jan 24, 1:22AM

If your company uses a VPN and/or a mobile device management service to give you access to its intranet and internal web apps, then you know how annoying those are. AWS today launched a new product, Amazon WorkLink,  that promises to make this process significantly easier. WorkLink is a fully managed service that, for $5 […]


Here's how a former Bessemer Venture Partners principal closed his own $30 million fund

Jan 24, 1:18AM

Sunil Nagaraj, who’d studied computer science as an undergrad at UNC Chapel Hill, landed two pretty nice gigs after deciding to pursue an MBA at Harvard Business School. First, he founded a venture-backed company called Triangulate — though he recognized when it was time to shut it down two years later. He then wound up […]


Meet the startups in Alchemist's 20th cohort

Jan 24, 1:05AM

Nineteen startups presented to investors at Alchemist's 20th demo day.


Autonomous subs spend a year cruising under Antarctic ice

Jan 24, 1:00AM

The freezing waters underneath Antarctic ice shelves and the underside of the ice itself are of great interest to scientists... but who wants to go down there? Leave it to the robots. They won't complain! And indeed, a pair of autonomous subs have been nosing around the ice for a full year now, producing data unlike any other expedition ever has.


Sequoia goes after early-stage with an accelerator program in India and Southeast Asia

Jan 24, 12:36AM

Sequoia India is going deep into early-stage investing after it announced an accelerator program, Surge, which is focused on fledging startups in India and Southeast Asia, the two regions that it covers. It’s been nearly six months since Sequoia India closed its newest $695 million fund — its fifth since its establishment 12 years ago […]


Microsoft Edge on mobile now includes a built-in fake news detector

Jan 23, 10:36PM

In 2019, we still don’t really know what to do about fake news. With nothing to disincentivize viral hyperpartisan headlines and other exercises in confirmation bias, online misinformation seems to run as rampant as ever. It’s a tricky problem, particularly because it’s one that requires the readers most drawn to too outrageous to be true […]


Hola Code tackles the real migration crisis

Jan 23, 10:30PM

After spending eight months in an immigration facility in the United States, Abimael Hernandez made the tough decision to return to Mexico.


Oracle says racial discrimination lawsuit is 'meritless'

Jan 23, 8:46PM

Oracle says the racial discrimination lawsuit filed by the U.S. Department of Labor’s Office of Federal Contract Compliance Programs is “meritless.” This comes after Oracle declined yesterday to comment on the OFCCP’s filing that alleges Oracle withheld $400 million in wages from underrepresented employees. “This meritless lawsuit is based on false allegations and a seriously flawed […]


Verizon Media Group is laying off 7 percent of its workforce

Jan 23, 8:39PM

The Verizon division formerly known as Oath is laying off 7 percent of its workforce, which amounts to roughly 800 employees. Oath was created after Verizon acquired AOL, followed by Yahoo, bringing them together two years ago as a combined digital media entity with a new name. However, it seems that the organization hasn’t performed […]


Aibo learns to be a better watchdog

Jan 23, 8:22PM

I wanted to love the new Aibo. Really, I did. But once I actually spent some time with it, it turned out that it was a $3,000 dog with only a handful of tricks. It seems the days of buying true robot dog companionship are still a long ways away. A few months after bringing […]


Facebook may proactively close Pages and Groups before they're in violation of policy

Jan 23, 7:44PM

Facebook today announced changes to the way it handles the removal of content from Facebook Pages that’s in violation of the social network’s Community Standards, as well as when the Page has posted items that are rated false by a third-party fact-checking service. It says it will also make it harder for those whose Pages […]


YC-backed Our World in Data wants you to know what's changing about the planet

Jan 23, 7:27PM

News is exhausting. Mexican murders are sky-high. Ebola is ravaging the eastern Congo. China is erasing an entire culture of Islam from its Western hinterlands. That news — negative and intense though it is — can easily occlude the many positive, longer term stories that are fundamental drivers of the world. Africa is reaching new […]


A new ABC documentary and podcast about Theranos features never-before-aired depositions

Jan 23, 7:21PM

The rise and fall of Theranos, the blood-testing company whose technology never worked despite its claims otherwise, has already been covered extensively. Most notably, the two-time Pulitzer Prize-winning reporter who broke open the story of Theranos’s secrets and lies, John Carreyrou, went on to author a best-selling book about the saga in “Bad Blood.” Still, […]


Sherpa, a Spanish voice assistant, expands Series A to $15M as it passes 5M users

Jan 23, 7:10PM

When we think of the AI platforms that are shaping how we use voice to interact with phones, home devices and other services, we tend to think of Amazon’s Alexa, Apple’s Siri, Google and Microsoft’s Cortana. But there are other players that may prove to have a compelling value proposition of their own. Sherpa.ai, a […]


Sequoia-backed NEXT gets $97M as investment in logistics heats up

Jan 23, 6:59PM

NEXT plans to use the investment to fill 150 positions in 2019, as well as complete the launch Relay, a new service targeting the "systemic congestion" at shipping ports.



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