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Playfair Capital, the U.K.-based seed firm, announces $32M second fund
Mar 07, 9:00AM
Playfair Capital, the U.K. seed investor, has raised a new $32 million fund to continue investing in promising early-stage tech startups. The VC firm, founded by in 2013 by Federico Pirzio-Biroli, who is fund II’s sole LP, is an early investor in the likes of Stripe, Ravelin, Thought Machine, CryptoFacilities and Mapillary. Pirzio-Biroli recently re-located […]
The Khashoggi murder isn't stopping SoftBank's Vision Fund
Mar 07, 6:39AM
Money talks in the startup community, especially when SoftBank comes knocking with the megabucks of its Vision Fund. Despite the public outcry around the firm's dependence on money from Saudi Arabia in the wake of that country's assassination of Washington Post journalist Jamal Khashoggi, deal flow for Softbank's Vision Fund appears to be back to […]
Tesla's new Supercharger slashes charging times
Mar 07, 6:20AM
Tesla is rolling out a third generation Supercharger that is designed to dramatically cut charging times for its electric vehicles as it seeks to keep its edge over new competitors. The V3 Supercharger, which was unveiled Wednesday at the company’s Fremont, California factory, supports a peak rate of up 250 kilowatts on the long range version […]
Raisin, the marketplace for savings and investment products, acquires German banking provider MHB Bank
Mar 07, 6:00AM
Hot on the heels of raising $114 million in Series D funding, Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of banking services in Germany. Terms of the acquisition remain undisclosed and the deal is still subject to regulatory approval. However, the moves signals […]
Taxify rebrands as Bolt to expand its transport options beyond private cars
Mar 07, 4:59AM
Taxify, the ride-hailing company from Estonia backed by Didi and Daimler and now active in 30 countries, is making a key shift in its business today as it gears up for its next stage of growth. The company is removing “taxi” from its name and rebranding as Bolt, the same name that it has been […]
Podcasts, smart speakers soar as social media stalls, based on new survey
Mar 07, 3:23AM
The 2019 edition of a popular annual survey shows usage of social media by Americans is stalling while ownership of smart speakers and tablets has soared over the last year, as has consumer engagement with podcasts. The results are promising for Amazon and Spotify in particular. Earlier today, Edison Research and Triton Digital presented their […]
Nintendo brings virtual reality to the Switch with its new Labo kit
Mar 07, 3:20AM
Google showed off virtual reality designed around cardboard in 2014, but it looks like Nintendo is ready to get in on the action now as well with a new Labo VR kit for the Switch that puts the system inches from your face. In Labo fashion, there are some pretty outlandish projects to be built […]
Huawei is suing the US government over 'unconstitutional' equipment ban
Mar 07, 2:34AM
Huawei has decided to go on the legal offence against the United States government after defending itself against alleged espionage and bank frauds linked to American sanctions on Iran. During a press conference late Wednesday, Huawei announced that it has filed a lawsuit against the U.S. government, arguing that a ban on the use of […]
Personalized wine? This Milwaukee company just raised $8.5 million to prove it's the future
Mar 07, 2:05AM
Wine buying is daunting for most people, whether it’s online or off a menu or in an aisle filled with so many brands that it’s hard not to buy the same products time after time, just to stay sane. Therein lies the opportunity for Bright Cellars, a nearly four-year-old, 40-person Milwaukee, Wisconsin-based startup that sells […]
Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million
Mar 07, 12:36AM
After twelve years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, is spinning off its financial inclusion investment arm as Flourish Ventures. Equipped with up to $300 million in capital for operations and investments, the new Flourish will […]
Trump called Apple's CEO 'Tim Apple' by mistake
Mar 06, 11:39PM
The president has to remember a lot of names! Some he remembers, some he forgets. But we will never forget today in the Year of Our Lord 2019 when President Trump called Apple CEO Tim Cook “Tim Apple.” Maybe we’re just losing our minds waiting for a good meme, but there’s something relentlessly good and […]
Pioneer Square Labs is invigorating Seattle's startup ecosystem
Mar 06, 11:25PM
How the startup studio's "validation engine" has made it one of the best company builders in the business.
Mark Zuckerberg discovers privacy
Mar 06, 10:32PM
With the swelling confidence of a colonial power happening upon a long-settled distant land, today Mark Zuckerberg discovered the concept of privacy. In a ballooning 3,225 words — a roughly average word count for the terminally verbose Facebook founder — Zuckerberg informed his miserably loyal 2.3 billion plus subjects that his company has happened upon […]
Elon Musk's Boring Company wants to move people beneath Vegas
Mar 06, 9:10PM
Elon Musk’s Boring Company could land a deal to construct and operate a “people mover” for the Las Vegas Convention Center that will theoretically shuttle people in autonomous electric vehicles at high speeds in a loop of underground tunnels. It’s not a done deal quite yet. The Las Vegas Convention and Visitors Authority has recommended […]
Sonos refreshes Sonos One with better components
Mar 06, 8:46PM
Sonos is launching the most minor of minor updates. The company is launching a revision to its flagship speaker, the Sonos One. Sonos is calling this new speaker the Sonos One Gen 2, and it is nearly identical to the existing Sonos One. When it comes to sound and design, the second generation looks just […]
Court dismisses Paris lawsuit against Airbnb for illegal listings
Mar 06, 8:19PM
A court in Paris has dismissed a case against Airbnb, as Le Monde reported. Last month, the City of Paris sued Airbnb for 1,010 illegal listings. According to the mayor's office, Airbnb failed to comply with regulation in Paris. Paris has been trying to limit the effect of Airbnb on the housing market in Paris. […]
Google gives Android developers new tools to make money from users who won't pay
Mar 06, 7:24PM
Google today is introducing a new way for Android developers to generate revenue from their mobile applications. And no, it’s not subscription-related. Instead, the company is launching a new monetization option for apps called “Rewarded Products.” This will allow non-paying app users to contribute to an app’s revenue stream by sacrificing their time, but not […]
Zuckerberg wants messages to auto-expire to make Facebook a 'living room'
Mar 06, 7:00PM
On feed-based “broader social networks, where people can accumulate friends or followers until the services feel more public . . . it feels more like a town square than a more intimate space like a living room” Facebook CEO Mark Zuckerberg explained in a blog post today. With messaging, groups, and ephemeral stories as the […]
Verified Expert Lawyer: Jared Verzello
Mar 06, 6:58PM
TechCrunch is profiling great startup lawyers wherever they may be working — and that includes within new companies built from the ground up around tech. Today, we're interviewing Jared Verzello of Atrium. While even the most old-line of law firms have begun integrating document automation and analysis software, Atrium started that way. Around two years […]
Google brings its Duplex AI restaurant booking assistant to 43 states
Mar 06, 6:49PM
No moment wowed the audience at last year's I/O more than Duplex. The demo of the artificial intelligence restaurant and appointment booking program left many in the audience wondering whether Google had just pulled a fast one over on them. Turns out, it’s real. Over the summer, I got a chance to test drive Duplex […]
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