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Arrested Wikileaks founder is now facing U.S. extradition
Apr 11, 12:12PM
In a fast-moving development since Julian Assange’s arrest inside the Ecuadorian embassy earlier today for breaching UK bail conditions, the Wikileaks founder has been rearrested on behalf of the U.S. — confirming that he will face extradition proceedings. In an updated statement the Met Police said: Julian Assange, 47, (03.07.71) has today, Thursday 11 April, […]
Apple shares progress report on supplier usage of clean energy
Apr 11, 11:47AM
Apple announced that there are now 44 suppliers that have committed to use clean energy for Apple production. It doesn't mean all suppliers are using renewable energy, it also doesn't mean that they use 100 percent clean energy for all their clients. But it's still good news. All of Apple facilities already run on clean […]
GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition
Apr 11, 11:10AM
GuestReady, a service that helps shared economy hosts manage their business on Airbnb and other rental sites, is getting into expansion mode again after it completed its fourth acquisition. The company, which has raised $3.7 million from investors to date, just announced that it has acquired France-based rival BnbLord, a startup that it claims is […]
Julian Assange arrested in London after Ecuador withdraws asylum
Apr 11, 10:16AM
London Metropolitan police has arrested WikiLeaks founder Julian Assange in London. He has been holed up in the Embassy of Ecuador in London since 2012 in order to avoid a warrant against him. Ecuador withdrew Assange's diplomatic asylum earlier today leading to his arrest. A video has emerged of the moment of the arrest which […]
Lemonade picks up $300 million Series D led by SoftBank Group
Apr 11, 10:00AM
Lemonade, the insurance startup founded by Daniel Schreiber and Shai Wininger, has today announced a $300 million Series D financing led by the SoftBank Group, with participation from Allianz, General Catalyst, GV, OurCrowd and Thrive Capital. Lemonade uses an AI-powered bot to digitize the insurance buying experience for renters and home owners. Users simply download […]
Didi steps up financial drive as it courts car leasing companies
Apr 11, 8:46AM
Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched […]
Trint, the AI-powered transcription service, closes $4.5M Series A
Apr 11, 8:15AM
Trint, the London-based transcription startup founded by Emmy-winning journalist Jeff Kofman, has raised $4.5 million in Series A funding. The round includes follow-on investment from Horizons Lab, the Hong Kong-based seed fund operated by the managers of Horizons Ventures, with participation from TechNexus, and The Associated Press. It brings total funding for Trint to $7.8 […]
Shedul, the booking platform for salons and spas, raises $20M Series B at a $105M valuation
Apr 11, 8:00AM
Shedul, the online booking platform for salons and spas, has raised $20 million in Series B investment of, valuing the company at $105 million. The round was led by Paris headquartered VC Partech, with participation from Berlin-based Target Global, Dubai-based BECO Capital, and New York’s FJ Labs. In addition, a personal investment was made by […]
DHL launches Africa eShop app for global retailers to sell into Africa
Apr 11, 7:05AM
DHL is launching an e-commerce app called DHL Africa eShop for global retailers to sell goods to Africa's consumers markets. The platform goes live today and brings more than 200 U.S. and UK retailers—from Nieman Marcus to Carters—online in 11 African markets: South Africa, Nigeria, Kenya, Mauritius, Ghana, Senegal, Rwanda, Malawi, Botswana, Sierra Leone, and […]
The creation of the algorithm that made the first black hole image possible was led by MIT grad student Katie Bouman
Apr 11, 3:40AM
The development of the algorithm that made it possible to create the first image ever of a black hole was led by computer scientist Katie Bouman while she was still a graduate student at MIT. Bouman shared a photo on Facebook of herself reacting as the historical picture was processing. The algorithm, which Bouman named […]
A fight is brewing between two machine intelligence startups, and neither side looks all that smart
Apr 11, 1:35AM
Sometimes, reading a lawsuit, it’s tempting to pick sides, to judge who is more right than wrong based on its contents. But a new lawsuit involving two venture-backed companies — both of which are rooted in machine intelligence — makes both sides sound surprisingly careless given their line of work. The plaintiff is Quid, a […]
With consumer G+ dead, Currents hopes to make waves in the enterprise
Apr 11, 12:09AM
Google today announced that Google+ in G Suite, the last remaining remnants of what was once Google’s attempt to rival Facebook and Twitter, will now be called Currents. We don’t need to belabor the fact that Google+ was a flop and that its death was probably long overdue. We’ve done that. Now it’s time to […]
Hulu orders Theranos miniseries starring Kate McKinnon as Elizabeth Holmes
Apr 10, 11:53PM
Silicon Valley may have dealt with some rough hubris throughout the saga of Theranos, but Hollywood is basking in its downfall. Weeks after the premiere of an HBO documentary chronicling Elizabeth Holmes’s grand blood-testing charade and in the midst of development of a film starring Jennifer Lawrence, Hulu has ordered its own Theranos limited series […]
Vector, Virgin and a mystery team will compete in DARPA's $34M launch challenge
Apr 10, 11:15PM
DARPA wants to be able to launch anywhere, any time, and several times in a row. Is that too much to ask? Not for Vector Space, Virgin Orbit, and an unnamed startup that just qualified to take place in the agency's Launch Challenge, which will push their responsive and mobile launch capabilities to the limit.
Coinbase launches debit card in the UK
Apr 10, 11:01PM
When you buy cryptocurrencies on Coinbase, many users simply don't know what to do with them. Customers in the U.K. can now get a good old plastic card and spend cryptocurrencies in-store and on any online website. This is a Visa card so it should work with any merchant on the Visa network. The company […]
Democrats draw up bill that would require tech platforms to assess algorithmic bias
Apr 10, 10:26PM
Democratic lawmakers have proposed a bill to address the algorithmic biases lurking under the surface of tech’s biggest platforms. The bill, known as the Algorithmic Accountability Act, was introduced by Senators Ron Wyden (D-OR), Cory Booker (D-NJ) and Representative Yvette Clarke (D-NY) will sponsor parallel legislation in the House. The bill is well timed. Over […]
The IPO wave of 2019 won't upend the Bay Area housing market
Apr 10, 10:19PM
The impending wave of San Francisco tech IPOs is substantial and will influence San Francisco real estate, but the hype about its impact is likely overblown.
GoDaddy acquires Sellbrite to launch cross-marketplace tools
Apr 10, 10:15PM
GoDaddy is making it easier for small businesses to list their products across Amazon, eBay, Etsy, Jet and Walmart.com today with the launch of GoDaddy Marketplaces. As part of the launch, GoDaddy is also announcing that it has acquired Sellbrite, the company whose technology is powering these new capabilities. Greg Goldfarb, GoDaddy’s vice president of […]
Amazon acquires autonomous warehouse robotics startup Canvas Technology
Apr 10, 10:04PM
Amazon has acquired Boulder, Colo.-based warehouse robotics startup Canvas Technology, TechCrunch has learned. The deal makes a lot of sense from the outside, adding another important piece to Amazon Robotics’ growing portfolio of fulfillment center machines. Amazon confirmed the acquisition with TechCrunch. “We are inspired by Canvas Technology's innovations, and share a common vision for […]
InVision announces new integrations with Jira
Apr 10, 10:00PM
Today InVision announced even deeper integrations with Jira, letting users embed actual InVision prototypes right within a Jira ticket. The company also announced the Jira app for InVision Studio, letting designers in Studio see interactive Jira tickets in real time. InVision has already had lighter integrations with Atlassian products, including Jira, Confluence and Trello. It’s […]
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