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Innovation Endeavors debuts Deep Life, an incubator focused on intersection of life science and computer science
Apr 10, 12:21PM
Innovation Endeavors, the fund backed by Google’s Eric Schmidt, has for years now been taking a novel approach to working on difficult and still-evolving problems like cybersecurity and food shortages: it sets up incubators that bring together different stakeholders to identify, develop and fund ways of tackling these issues. Today, Innovation unveiled the latest of […]
DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech
Apr 10, 12:00PM
Publicly traded sensor technology developer, FLIR Systems, is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots. Terms of the investment were not disclosed. “Our investment in DroneBase helps expand […]
Southeast Asia's Carousell snags investment from Naspers-owned OLX
Apr 10, 11:44AM
It’s taken some time to come around, but Naspers — the early Tencent investor that’s also behind the world’s top listings service — finally has a piece of Southeast Asia’s Carousell. TechCrunch broke news of talks between the two sides last year, and today Tech In Asia reported that Naspers-owned OLX Group has put $42 […]
Defy Partners raises $262M to close the Series A gap
Apr 10, 11:30AM
Defy founders Trae Vassallo and Neil Sequeira have upped the ante.
YieldStreet acquires Athena for $170M to add art financing to its alternative investment platform
Apr 10, 11:24AM
YieldStreet — which raised $62 million in February to further open up alternative investments in areas like shipping, real estate, legal finance and commercial loans to a wider base of investors — is today announcing its first acquisition to expand into a new asset class. It is paying $170 million to acquire Athena Art Finance, which provides loans to […]
Movo grabs $22.5M to get more cities in LatAm scooting
Apr 10, 10:53AM
Madrid-based micromobility startup Movo has closed a €20 million (~$22.5M) Series A funding round to accelerate international expansion. The 2017 founded Spanish startup targets cities in its home market and in markets across LatAm, offering last mile mobility via rentable electric scooters (e-mopeds and e-scooters) plotted on an app map. It’s a subsidiary of local […]
Watch day 2 of Google Cloud Next live right here
Apr 10, 10:00AM
Yesterday, the opening keynote for Google's Cloud Next conference was packed with news, from Google's hybrid cloud platform Anthos to Google's new product to turn a container into a URL. At 9 AM PT, 12 PM ET, 5 PM GMT, Google is opening day 2 of its conference with the product innovation keynote. Later at […]
Cathay Capital and AfricInvest to raise $168M Africa VC fund
Apr 10, 8:00AM
Tunisia based private equity firm Africinvest has teamed up with Cathay Capital — a global private equity firm based in Paris — to launch a new Africa tech fund with a target raise of $168 million. Details are still forthcoming, but the Cathay Africinvest Innovation Fund will focus primarily on series A to C stage […]
Amazon's entry-level 2019 Kindle is let down by a sub-par display
Apr 10, 7:01AM
Amazon's Kindle is of course the brand most think of when they consider buying an e-reader, but competition does exist and the truth is it makes the company's newest entry-level device look like a poor bargain. The price may be low, but this budget reader just doesn't meet the bar.
ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others
Apr 10, 5:16AM
ShopBack, a Singapore-based startup that offers cashback and consumer rewards in Asia Pacific, has closed a $45 million round led by new investors Rakuten Capital and EV Growth. Founded in 2014, the startup had been relatively under-the-radar until late 2017 when it announced a $25 million investment that funded expansion into Australia among other things. […]
A powerful malware that tried to blow up a Saudi plant strikes again
Apr 10, 4:01AM
A highly capable malware reportedly used in a failed plot to blow up a Saudi petrochemical plant has now been linked to a second compromised facility. FireEye researchers say the unnamed “critical infrastructure” facility was the latest victim of the powerful Triton malware, the umbrella term for a series of malicious custom components used to […]
Udacity restructures operations, lays off 20 percent of its workforce
Apr 10, 12:01AM
Udacity, the $1 billion online education startup, has laid off about 20 percent of its workforce and is restructuring its operations as the company’s co-founder Sebastian Thrun seeks to bring costs in line with revenue without curbing growth, TechCrunch has learned. The objective is to do more than simply keep the company afloat, Thrun told […]
Flying taxis could be more efficient than gas and electric cars on long-distance trips
Apr 09, 11:42PM
Flying cars definitely sound cool, but whether they're actually a good idea is up for debate. Fortunately they do seem to have some surefire benefits, among which you can now count improved efficiency — in theory, and on long trips. But it's something!
Google Cloud's new CEO on gaining customers, startups, supporting open source and more
Apr 09, 11:35PM
After Thomas Kurian, Google Cloud’s recently minted CEO, joined the company, he took hundreds of meetings to learn what the company’s prospective and current customers were looking for. The overarching theme of those conversations was always similar, he told me during an interview at Google’s Cloud Next conference: “Love the technology — amazed at it. […]
Expanse, which lets its customers know when their digital assets aren't safe, has raised $70 million in new funding
Apr 09, 10:08PM
Expanse, a six-year-old, San Francisco-based company that helps its clients understand and monitor what it calls their “global internet attack surface,” has received a $70 million vote of confidence from its earlier backers, as well as some notable individual investors. Previous investor TPG Growth led the Series C round, with participation from other earlier investors […]
The government is about to permanently bar the IRS from creating a free electronic filing system
Apr 09, 9:38PM
Thanks to pressure from tax preparation industry, Congress is getting ready to ban the Internal Revenue Service from ever building a free electronic tax filing system. As ProPublica reports, the effort is a bipartisan one. The House Ways and Means Committee, led by Massachusetts Democrat, Richard Neal, passed the Taxpayer First Act. The bill would […]
Apigee jumps on hybrid bandwagon with new API for hybrid environments
Apr 09, 9:37PM
This year at Google Cloud Next, the theme is all about supporting hybrid environments, so it shouldn’t come as a surprise that Apigee, the API company it bought in 2016 for $265 million, is also getting into the act. Today, Apigee announced the beta of Apigee Hybrid, a new product designed for hybrid environments. Amit […]
Digital health investors are missing out on a big opportunity to bring healthtech to public schools
Apr 09, 9:00PM
I flew to Haiti in the aftermath of the devastating 2010 earthquake to help treat children. Along with my stethoscope, my computer and smartphone quickly became essential tools in my medical bag.
Amazon Alexa now offers long-form news coverage in addition to Flash Briefings
Apr 09, 8:53PM
One of the top use cases for Amazon Alexa is its ability to quickly summarize the day’s headlines via its customizable “Flash Briefing” skill. Now, Amazon is rolling out a new feature that will allow Alexa device owners to get more in-depth news from their preferred news provider, with this week’s launch of “long-form news.” […]
'Hateful comments' result in YouTube disabling chat during a live-streamed hearing on hate
Apr 09, 8:19PM
At today’s House Judiciary hearing addressing “Hate Crimes and the Rise of White Nationalism,” hate appears to have prevailed. As the hearing’s live stream aired on the House Judiciary’s YouTube channel, comments in the live chat accompanying the stream were so inflammatory that YouTube actually disabled the chat feature mid-hearing. Many of those comments were […]
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