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Dropbox adds cold storage layer to reduce cost of storing less frequently accessed files
May 06, 1:00PM
Dropbox started shifting workloads away from AWS to its own data centers several years ago because it needed more control over how files were stored and accessed. It developed a storage architecture called Magic Pocket to help, but over time it recognized that most people moved files to Dropbox for backup purposes, then rarely accessed […]
Grocery startup BigBasket becomes India's newest unicorn with new $150M investment
May 06, 11:57AM
India has a new unicorn after BigBasket, a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart's Flipkart, Amazon and hyperlocal startups Swiggy and Dunzo. The new financing round — Series F — was led by Mirae Asset-Naver Asia Growth Fund, UK's CDC Group, and Alibaba, […]
Heath coaching app Noom will expand its product team after raising $58M led by Sequoia
May 06, 11:00AM
Health coaching app developer Noom announced today that it has raised $58 million led by Sequoia Capital. Other participants include Aglaé Ventures, the tech investment arm of French holding company Groupe Arnault, WhatsApp co-founder and former CEO Jan Koum, DoorDash co-founder and CEO Tony Xu, Oscar Health co-founder Josh Kushner, SB Project co-founder Scooter Braun […]
Sendbird snags additional $50M for messaging API tool, as it extends Series B to $102M
May 06, 11:00AM
Sendbird, a startup that enables developers to add messaging to their apps with a couple of lines of code, announced a secondary Series B investment of $50 million today. This additional funding comes on top of the $52 million, the company raised in February. The new money was led by Tiger Global Management with significant […]
NBCUniversal's scannable ShoppableTV takes viewers directly to e-commerce sites
May 06, 10:00AM
NBCUniversal is launching a new feature it hopes will increase conversion rates for advertisers. Called ShoppableTV, it displays QR codes during specific moments in TV shows and take viewers directly to e-commerce sites once scanned. The company says this is the first time QR codes have been used on national TV to drive direct sales. […]
Can China's ride-hailing leader Didi repair its troubled reputation?
May 06, 8:27AM
2018 was supposed to be another bright year for Didi Chuxing. The ride-hailing upstart had been celebrated as a success story in China’s booming sharing economy. Six years after founding, it had become the default app for Chinese people to move around, thanks in no small part to its acquisition of Uber China in 2016. […]
Find out how to save an extra €200 on Disrupt Berlin 2019
May 06, 8:00AM
Holy smokes, or should we say heiliger strohsack? Either way, we're coming back to the Arena Berlin to host TechCrunch Disrupt Berlin 2019 — two program-packed days focused on early-stage startups across Europe and beyond. On 11-12 December, hundreds of tech founders, investors, developers, engineers and startup fans from around the world will turn this […]
The EU will reportedly investigate Apple following anti-competition complaint from Spotify
May 06, 7:32AM
The spat between Spotify and Apple is going to be the focus on a new investigation from the EU, according to a report from the FT. The paper reported today that the European Commission (EC), the EU’s regulatory body, plans to launch a competition inquiry around Spotify’s claim that the iPhone-maker uses its position as […]
Thunes raises $10M to make financial services more accessible in emerging markets
May 06, 1:36AM
Cross-border fintech continues to be an area of interest for venture capitalists. The latest deal sees GGV Capital — the U.S-China firm that’s backed Xiaomi, Airbnb, Square and others — lead a $10 million investment in Singapore-based startup Thunes. Other investors in the Series A round are not being disclosed at this point. Thunes — […]
Gillmor Gang: Live on Tape
May 05, 11:15PM
The Gillmor Gang — Doc Searls, Michael Markman, Keith Teare, and Steve Gillmor . Recorded live Thursday April 25, 2019. Streamed live to Twitter, or just slightly after the fact. Luminary and the podcast wars, @jack, and the Democrats in the Age of Bidenomics. Produced and directed by Tina Chase Gillmor @tinagillmor @dsearls, @mickeleh, @kteare, […]
Equity transcribed: New a16z funds, a $200M round and the latest from WeWork and Slack
May 05, 8:03PM
Welcome back to this week's transcribed edition of Equity, TechCrunch's venture capital-focused podcast that unpacks the numbers behind the headlines. This week, Crunchbase News’s Alex Wilhelm and Extra Crunch’s Danny Crichton connected from their respective sides of the States to run through a rash of news about Divvy, Cheddar, SoftBank’s Vision Fund and Andreessen Horowitz. Plus, […]
We are leaving older adults out of the digital world
May 05, 1:30PM
Jessica Fields Contributor Share on Twitter Jessica Fields is a research analyst and program manager at the UCSF Center for Vulnerable Populations at Zuckerberg San Francisco General Hospital and a collaborator in The OpEd Project. May is national Older Americans Month, and this year's theme is Connect, Create, Contribute. One area in particular threatens to prevent older adults from making […]
Week-in-Review: the iPhone fades and SpaceX confirms an explosion
May 05, 1:00PM
After a dozen years of riding high, the iPhone is showing signs of weakness in a struggling smartphone market where Apple is still managing to be the biggest loser. Here’s a snapshot of where things are at… Apple hasn’t been broadcasting its quarterly unit sales the past few quarters so we’ll have to lean on […]
Facebook is pivoting
May 05, 1:00PM
“The future is private,” said Mark Zuckerberg of Facebook’s roadmap, after conceding “we don't exactly have the strongest reputation on privacy right now, to put it lightly.” But it’s easy to see why he would genuinely want that … now. Facebook’s seemingly endless series of privacy debacles have been disastrous for the company’s reputation. Not […]
Great teams, UBI, data retention policies, and Amazon HQ2
May 04, 6:00PM
3 key secrets to building extraordinary teams David Cancel, the CEO and founder of Drift, wrote a deep dive on how to think about finding and recruiting the kinds of people who build incredible startups. Among the factors he looks at: Scrappiness (Importance: 35%) The four most telling words a new hire can say: "I'll […]
Original Content podcast: The battle of opinions over 'Game of Thrones' and the Battle of Winterfell
May 04, 4:00PM
This post and podcast contain spoilers for “Game of Thrones” and “Avengers: Endgame.” “The Long Night,” the much-anticipated “Game of Thrones” episode where the living and the dead meet in a desperate, epic battle, wasn’t entirely embraced by the show’s fans. Instead, many have complained about the episode’s (literal) darkness, while others were disappointed by the apparent […]
Former YouTube star sentenced to ten years in prison for child porn
May 04, 12:16PM
Former Youtube star Austin Jones has been sentenced to ten years in a US federal prison after pleading guilty to persuading underage girls to send him explicit videos of themselves. Jones, who made a name for himself online singing covers of songs, was arrested and charged in 2017 with two counts of producing child pornography. […]
Startups Weekly: Will the Seattle tech scene ever reach its full potential?
May 04, 12:00PM
In this week's newsletter: WeWork files confidentially for IPO, Lyft loses scooter head and Magic Leap raises MORE money.
Uber is facing Australian class action suit alleging 'unlawful conduct'
May 04, 10:58AM
As it gears up to go public Uber is facing legacy baggage down under: A class action lawsuit has been filed in Australia on behalf of around 6,000 taxi and hire car drivers and license owners, Reuters reported Friday. The suit was filed Friday at the Victoria Supreme Court by personal injury and compensation law […]
Lego introduces a new STEM Star Wars kit
May 04, 7:00AM
No one does brand synergy quite like Lego. The company's been one of the biggest Star Wars licensers over the years, and for the first time, it's applying one of the most valuable pieces of IP to its own line of STEM kits, Lego Boost. For this year's Star Wars Day, the Danish company is […]
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