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Watch Facebook's F8 2019 keynote right here
Apr 30, 1:11PM
Facebook’s yearly developer conference kicks off today. The keynote starts at 1PM / 10AM with opening remarks from Facebook’s chief Mark Zuckerberg. As in past years, the event will last several hours and feature updates from various Facebook departments. This year’s event comes as Facebook is attempting an ambitious transition to a privacy-focused messaging platform. […]
Bird scooters are coming back to San Francisco
Apr 30, 1:00PM
While San Francisco only allows Skip and Scoot to operate as part of the city’s shared electric scooter pilot program, Bird has found a way to claim some market share. Bird has obtained a business permit to introduce monthly personal rentals in San Francisco. The program enables people to rent a scooter for $24.99 a […]
Nearly all 2020 presidential candidates aren't using a basic email security feature
Apr 30, 12:00PM
Three years after Russian hackers targeted and breached the email accounts of Hillary Clinton’s presidential campaign, nearly all of the upcoming 2020 presidential candidates are still lagging in email security. New data out by Agari confirms just one presidential hopeful — Democratic candidate Elizabeth Warren — uses domain-based message authentication, reporting, and conformance policy — […]
Utah's Divvy raises $200M to eliminate expense reports
Apr 30, 12:00PM
NEA has led the round for Divvy, a business expense and budgeting platform.
Uber adds real-time public transport data for London
Apr 30, 11:24AM
>From today, Uber has added public transport to its app in London, incorporating real-time information on the city’s Underground, Overground, train and bus network, as well as other trams, shuttle, river boat and the DLR’s driverless trains. Last summer the ride-hailing giant was granted a provisional 15-month license to operate in the U.K. capital — […]
Grocery startup Honestbee makes layoffs and cuts costs as it prepares to raise more money
Apr 30, 11:06AM
Asia Pacific grocery delivery startup Honestbee has confirmed it is suspending business in half of the eight markets it operates in and laying off 10 percent of its 1,000 staff. The cost-cutting appears to be part of belt-tightening ahead of a planned new injection of funding, TechCrunch has come to learn. According to a statement […]
Garmin adds menstrual cycle tracking to devices
Apr 30, 11:00AM
Garmin announced today that it will be adding menstrual cycle tracking to its line of trackers and smartwatches. The new feature gives users the ability to log symptoms, track cycles and offers up additional context by way of Garmin Connect, the company's mobile app. The addition follows a similar feature instituted by Fitbit, roughly this […]
UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front office
Apr 30, 11:00AM
Companies are on the hunt for ways to reduce the time and money it costs their employees to perform repetitive tasks, so today a startup that has built a business to capitalize on this is announcing a huge round of funding to double down on the opportunity. UiPath — a robotic process automation startup originally […]
Nigerian startup Tizeti launches WifiCall.ng IP voice call service
Apr 30, 8:35AM
Nigeria based startup Tizeti, an internet service provider, today launched WifiCall.ng—an internet voice-calling platform for individuals and businesses. WifiCall is a VoIP—or Voice over Internet Protocol—subscription service that allows unlimited calls to any phone number, even if that number isn't registered on WifiCall’s network. Tizeti will offer the product in Nigeria for now, with plans […]
Vault Platform raises $4.2M to fix workplace misconduct reporting
Apr 30, 8:10AM
Vault Platform, a London-based startup that has built software to “re-imagine” workplace misconduct reporting, has raised $4.2 million in seed funding. Leading the round is Kindred Capital, with participation from Angular Ventures, System.One, Jane VC, and ex-Mosaic Ventures Partner Mike Chalfen. Founded in 2018 by Neta Meidav and Rotem Hayoun-Meidav, Vault is attempting to create […]
India unseats China as Asia's top fintech funding source
Apr 30, 8:10AM
China’s massive fintech industry took a beating in recent months as the government continued to wind down online lending nationwide, rattling investor confidence. Funding for fintech startups shrank 87.6 percent year-over-year to $192.1 million during the first quarter of 2019, a new report from data provider CB Insights shows. India, which recorded $285.6 million raised […]
Perkbox, the employee experience platform, raises £13.5M
Apr 30, 8:00AM
Perkbox, the London-based startup now calling itself an “employee experience platform,” has raised a further £13.5 million in funding. The round is led by existing investor Draper Esprit, alongside a number of previous Perkbox angels. Prior to this, the company, which launched in 2015, had raised £11 million. Targeting companies of all sizes, from SMEs […]
Prisma Labs raises $6M for its AI-powered approach to visual editing
Apr 30, 8:00AM
Remember Prisma? The Moscow-based team behind the app that sparked a style transfer craze in 2016 has raised a $6 million Series A, led by early stage artificial intelligence focused VC firm, Haxus. While one of Prisma’s original co-founders left the company in the middle of last year, taking some team members with him, to […]
Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment
Apr 30, 7:33AM
Editor's note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. It may have lost its original founding team, but the wheels are still rolling for embattled electric vehicle (EV) maker Faraday Future. The company, famous for lavish promotions but little substance, has received yet another financial lifeline in the wake […]
Samsung sees Q1 profit plummet 60%
Apr 30, 5:14AM
Samsung’s Q1 earnings are in and, as the company itself predicted, they don’t make for pretty reading. The Korean giant saw revenue for the three-month period fall by 13 percent year-on-year to 52.4 trillion KRW, around $45 billion. Meanwhile, operating profit for Q1 2019 came in at 6.2 trillion KRW, that’s a whopping $5.33 billion but […]
Jungle Ventures hits $175M first close on its third fund for Southeast Asia
Apr 30, 12:00AM
Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come to learn. Executives at the Singapore-based firm anticipate that the new fund, which is Jungle’s third to date, will reach a final close of $220 […]
Alphabet cites 'headwinds' in smartphone sales, teases I/O hardware announcement
Apr 29, 10:50PM
Alphabet's Q1 earnings were a disappointment for Wall Street, courtesy primarily of ad revenue shortcomings. The hardware team met with some difficulties, as well, owing in part to a stagnating global smartphone market that has impacted virtually all players. CEO Sundar Pichai cited "year over year headwinds" when referring to the company's smartphone line, following […]
Equity Shot transcribed: Slack's S-1 and Uber's IPO terms
Apr 29, 10:44PM
We’re deep in IPO news, and last week was no different. When this happens, Equity’s Kate Clark and Alex Wilhelm fire up their mics and wax financial about the news we can’t possibly fit into the regular episode of the popular TechCrunch podcast. Last week the duo discussed Uber’s IPO pricing and Slack’s S-1. On […]
Twitter announces new content deals with Univision, The Wall Street Journal and others
Apr 29, 10:30PM
Twitter is unveiling a number of new content deals and renewals tonight at its NewFronts event for digital advertisers. It’s only been two years since Twitter first joined the NewFronts. At the time, coverage suggested that executives saw the company’s video strategy as a crucial part of turning things around, but since then, the spotlight has […]
Amazon is testing a Spanish-language Alexa experience in the US ahead of a launch this year
Apr 29, 10:25PM
Amazon announced today it has begun to ask customers to participate in a preview program that will help the company build a Spanish-language Alexa experience for U.S. users. The program, which is currently invite-only, will allow Amazon to incorporate into the U.S. Spanish-language experience a better understanding of things like word choice and local humor, […]
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