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Frozen food gets its turn in the meal delivery game
May 02, 1:00PM
Mosaic, founded by Blue Apron’s former senior director of operations Matt Davis and Sam McIntire, is entering the next phase of direct-to-consumer meal services with frozen foods. Phase one of meal kits entailed prepared ingredients (Blue Apron) or pre-made meals that went into the refrigerator (Munchery). Blue Apron has since gone public, albeit experiencing a […]
Details emerge of China's 'Big Brother' surveillance app targeting Muslims
May 02, 12:33PM
It’s long been known that China is developing a dystopian surveillance system in Xinjiang, the Northwest province that’s home to China’s Uyghur Muslim population. Among the evidence includes poorly managed database and now we have details of a mobile app used by police in the region to track Uyghur citizens. Human Rights Watch today published […]
Grainchain, a blockchain-based platform for commodity sales, launches in Mexico
May 02, 12:05PM
In the two years since GrainChain launched its distributed ledger-based transaction platform for bulk dry goods the company has brokered thousands of contracts on everything from corn, sorghum, wheat, and soybeans to even sand from its headquarters in McAllen, Tex. Now the company is expanding its services to Mexico, partnering with the government of Tamaulipas, […]
Toyota AI Ventures launches $100M fund to invest in robotics and autonomous tech
May 02, 12:00PM
Toyota AI Ventures, a subsidiary of Toyota Research Institute, has a new $100 million fund that will focus on finding and investing in early-stage robotics and autonomous technology startups. This second fund, aptly dubbed Fund II, brings the firm's total assets under management to more than $200 million. "The growing interest in automated systems has […]
Tesla is raising up to $1.5 billion through convertible note and share sale
May 02, 11:58AM
Tesla is raising up to $1.55 billion through the sale of notes and shares, according to a filing made by the EV maker today. The document outlines that Tesla will sell up to $1.35 billion in convertible senior notes. The number could increase further: Tesla is giving underwriters the chance to buy a further $202.5 […]
Adtech veteran Quantcast is latest tech giant to face GDPR privacy probe
May 02, 11:53AM
Another tech giant is under investigation in Europe for potential privacy breaches of the General Data Protection Regulation (GDPR), TechCrunch has learnt. The Irish Data Protection Commission (DPC), which is the lead data protection regulator for most multinational tech giants in Europe, has opened a formal probe into Quantcast’s business — adding +1 to the […]
Flume Health is an insurance administrator cutting costs by pre-approving prices and paying on-demand
May 02, 10:30AM
Cedric Kovacs-Johnson launched Flume Health after watching his own family struggle with payments for his sister’s surgery. “When we looked at who was calling the shots [on prices] it was this litany of service providers that was unknown to us and the cost was unknown to us until we got the bill weeks later,” says […]
FreightHub, the European digital freight forwarder, collects $30M Series B
May 02, 9:57AM
FreightHub, the European digital freight forwarder, has raised $30 million in Series B financing. Leading the round is Rider Global — a venture fund said to be founded by logistics experts — along with Maersk Growth, the corporate venture arm of container shipping giant A.P. Moller-Maersk. Existing investors Northzone, Rocket Internet’s Global Founders Capital (GFC), […]
Check out the latest challenge of the TC Hackathon at VivaTech 2019
May 02, 9:00AM
Dépêche-toi et ne tarde pas! Roughly translated that means "hurry up and don't delay!" You can still register to participate in the TC Hackathon at VivaTech to hack for some great prizes. It won't cost you a thing to join the fun — tickets are free, and they also give you access to all three […]
Plum, the money management chatbot, raises another $4.5M and lands on iOS
May 02, 9:00AM
Plum, the chatbot-based app that helps you manage your money, is disclosing $4.5 million in further funding. The round, which quietly closed in the summer, was led by venture firm VentureFriends and the European Bank for Reconstruction and Development (EBRD). It brings total funding for the London and Athens-based fintech to $6.3 million. Founded in […]
Africa Roundup: Jumia's IPO, DHL launches Africa e-Shop, Cathay's $168M VC fund, ConnectMed acquired
May 02, 8:45AM
The biggest news in a month of weighty African headlines was Jumia listing on the New York Stock Exchange. After filing SEC IPO docs in March, the Pan-African e-commerce company's shares began trading on the NYSE April 12, opening at $14.50 under ticker symbol JMIA. Jumia stock rose north of 70 percent on its first […]
Sign up for our mailing list and save €200 off passes to Disrupt Berlin 2019
May 02, 8:00AM
It's lucky number seven as the TechCrunch posse returns yet again to Berlin, Europe's vibrant international hub, to host Disrupt Berlin 2019 on 11-12 December. We just can't get enough of this city's startup spirit and, apparently, neither can you. Our Disrupt Berlin events have attracted participants from more than 50 countries, including European Union […]
Once a major name in smartphones, LG Mobile is now irrelevant — and still losing money
May 02, 5:49AM
LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest proof is LG’s Q1 financials, released this week, which show that its mobile division grossed just KRW 1.51 trillion ($1.34 billion) in sales for […]
Acast launches Acast Access to make paywalled podcasts available on any player
May 02, 4:00AM
Podcast monetization company Acast is launching a new way for publishers to put their podcasts behind a paywall. Until now, podcasts have not been well-suited to subscription paywalls, due to the fact that they’re distributed via RSS feeds that can be accessed by any podcast player. So instead we’ve seen workarounds like Substack building a […]
A 30-mph e-bike to compete with cars in cities? Investors just bet $20 million on it
May 02, 12:35AM
Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micro mobility market, given the financial opportunity it’s promising. Among them: Bond Mobility, a three-year-old Palo Alto, Calif.- and Zurich, Switzerland-based startup that says its “high-performance” dockless electric bikes […]
Facebook pivots to what it wishes it was
May 01, 11:30PM
In Facebook’s dreams, it’s a clean and private place. People spend their time having thoughtful discussions in “meaningful” Groups, planning offline meetups with Events, or laughing together in a Facebook Watch party. In reality, Facebook is a cluttered mess of features that seem to constantly leak user data. People waste their time viewing inane News […]
Google opens Android Automotive OS to Spotify, other media app developers
May 01, 11:10PM
Google is opening its Android Automotive operating system up to third-party developers to bring music and other entertainment apps into vehicle infotainment systems, starting with the Polestar 2, an all-electric vehicle developed by Volvo's standalone electric performance brand. Google announced Wednesday that media app developers will be able to create new entertainment experiences for Android […]
Pluralsight will acquire GitPrime for $170M
May 01, 9:54PM
Pluralsight, an online training platform focusing on subjects like web development, IT certification and security training, announced today that it will acquire GitPrime, a dev team productivity tool, for $170 million in cash. GitPrime is like an analytics dashboard for code projects. It watches your team’s code repositories on services like GitHub or Bitbucket, tracking […]
Epic Games is buying the studio behind Rocket League
May 01, 9:47PM
Epic Games is in the process of acquiring the studio behind one of the most popular cross-platform games out there, Rocket League. The studio behind Fortnite is buying Psyonix for an undisclosed sum and bringing its 132 employees onboard. There doesn’t appear to be a ton changing at the San Diego game studio; Epic says […]
FanDuel is now charging inactive users $3 per month for not playing
May 01, 9:13PM
You expect to lose money gambling, but you don't really expect to lose it abstaining from gambling. But if you're Fanduel user who hasn't made any bets or deposits for two years, the site will now deduct $3 per month until you put some money on the table. You have to play to win, it seems, but not to lose.
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