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Startups Weekly: Will the real unicorns please stand up?
Jun 01, 12:00PM
In this week's newsletter: CrowdStrike readies its IPO, Brex eyes a $2B valuation and SoFi lands a whopping $500M.
Apple bumps the App Store cell connection download cap up to 200 MB
Jun 01, 12:40AM
Good news: Apple now allows you to download bigger apps over a cellular connection than it used to. Bad news: there’s still a cap, and you still can’t bypass it. As noticed by 9to5Mac, the iOS App Store now lets you download apps up to 200 MB in size while on a cell network; anything […]
Teams autonomously mapping the depths take home millions in Ocean Discovery Xprize
May 31, 7:01PM
There's a whole lot of ocean on this planet, and we don't have much of an idea what's at the bottom of most of it. That could change with the craft and techniques created during the Ocean Discovery Xprize, which had teams competing to map the sea floor quickly, precisely, and autonomously. The winner just took home $4 million.
Slack narrows losses, displays healthy revenue growth
May 31, 6:52PM
Slack posted first-quarter revenues of $134.8 million on losses of $31.8 million weeks ahead of its NYSE direct listing.
Facial recognition startup Kairos settles lawsuits with founder and former CEO Brian Brackeen
May 31, 5:26PM
Facial recognition startup Kairos, founded by Brian Brackeen, has settled its lawsuit with Brackeen following his ouster from the company late last year. In addition to forcing him out of the company he founded, Kairos sued Brackeen, alleging the misappropriation of corporate funds and misleading shareholders. In response, Brackeen countersued Kairos, alleging the company and […]
Only 72 hours left to save an extra €200 on Disrupt Berlin 2019
May 31, 5:13PM
The shot clock on serious savings is running out. You have just 72 hours left to sign up for the mailing list to receive €200 off the super early-bird price on any pass to Disrupt Berlin 2019. The official registration opens in three days, and once that happens, the clock runs out. Sad! Here's how […]
Groupon co-founder Eric Lefkofsky just raised another $200 million for his newest company, Tempus
May 31, 4:40PM
When serial entrepreneur Eric Lefkofsky grows a company, he puts the pedal to the metal. When in 2011 his last company, the Chicago-based coupons site Groupon, raised $950 million from investors, it was the largest amount raised by a startup ever. It was just over three years old at the time, and it went public […]
Daily Crunch: Leap Motion waves goodbye
May 31, 4:10PM
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Once poised to kill the mouse and keyboard, Leap Motion plays its final hand Leap Motion raised nearly $94 million for […]
Targeted ads offer little extra value for online publishers, study suggests
May 31, 4:09PM
How much value do online publishers derive from behaviorally targeted advertising that uses privacy-hostile tracking technologies to determine which advert to show a website user? A new piece of research suggests publishers make just 4% more vs if they were to serve a non-targeted ad. It’s a finding that sheds suggestive light on why so […]
Diving deep into Africa's blossoming tech scene
May 31, 4:05PM
Jumia may be the first startup you've heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in African tech. The continent has an expansive digital innovation scene, the components of which are intersecting rapidly across Africa's 54 countries and 1.2 billion people. […]
An insider's look into venture with Andreessen Horowitz's Scott Kupor
May 31, 4:05PM
After a decade in the peculiar world of venture capital, Andreessen Horowitz managing director Scott Kupor has seen it all when it comes to the dos and don’ts for dealing with Valley VCs and company building. In his new book Secrets of Sand Hill Road (available on June 3), Scott offers up an updated guide […]
Amazon confirms acquisition of Sizmek's ad server
May 31, 3:59PM
Amazon just announced that it’s acquiring Sizmek’s ad serving and dynamic content optimization businesses. “Sizmek and Amazon Advertising have many mutual customers, so we know how valued these proven solutions are to their customer base,” Amazon said. “Sizmek has been searching for a buyer for Sizmek Ad Server and Sizmek DCO, and we are both […]
Touring Factory Berlin, Europe's 'largest club for startups'
May 31, 3:05PM
According to the startups at Factory Berlin, it’s not just another co-working space. After all, the company took its name from Andy Warhol’s famous factory in New York City, and it describes itself as “Europe’s largest club for startups.” Late last year, we toured Factory Berlin’s five-story, 14,000-square-meter location in Görlitzer Park. Yes, it’s a […]
NYC's contactless subway turnstiles open today with Apple, Google, Samsung and Fitbit Pay support
May 31, 3:04PM
After weeks of sporting "Coming Soon" screens, the New York City MTA's OMNY pilot finally launched today. The system augments the city's MetroCard swipes with new contactless screens that work with contactless prepaid credit and debit cards and a variety of different smart devices. We've highlighted the latter already. For starters, the system will work […]
Security startup Bugcrowd on crowdsourcing bug bounties: 'Cybersecurity is a people problem'
May 31, 2:52PM
For a cybersecurity company, Bugcrowd relies much more on people than it does on technology. For as long as humans are writing software, developers and programmers are going to make mistakes, said Casey Ellis, the company’s founder and chief technology officer in an interview TechCrunch from his San Francisco headquarters. “Cybersecurity is fundamentally a people […]
If you use women as decorative objects, then I will assume your tech is from the 1950s, too
May 31, 2:30PM
Computex, which wrapped up today, is divided into two venues in Taipei. One, Nangang Exhibition Center, is where the big companies, including Asus and Microsoft, have their booths. The other, in Taipei World Trade Center, houses Innovex, the show's exhibit for startups. While walking around, I realized there are no "booth babes" at the Innovex […]
Spotify is building shared-queue Social Listening
May 31, 2:11PM
Want to rock out together even when you’re apart? Spotify has prototyped an unreleased feature called “Social Listening” that lets multiple people add songs to a queue they can all listen to. You just all scan one friend’s QR-style Spotify Social Listening code, and then anyone can add songs to the real-time playlist. Spotify could […]
Tinder launches a new à la carte option, Super Boost, only for subscribers
May 31, 2:11PM
Tinder this morning announced a second, more premium version of its most popular à la carte purchase, Boost, with the launch of Super Boost — an upgrade only offered to Tinder Plus and Tinder Gold premium subscribers. The idea with the new product is to extract additional revenues out of those users who have already […]
Microsoft warns users to patch as exploits for 'wormable' BlueKeep bug appear
May 31, 1:38PM
Microsoft has issued its second advisory this month urging users to update their systems to prevent a re-run of attacks similar to WannaCry. The software giant said Thursday that the recently discovered “wormable” vulnerability in Remote Desktop Services for Windows can allow attackers to remotely run code on a vulnerable computer — such as malware […]
Goodbye BlackBerry Messenger
May 31, 1:35PM
Just over a month ago, Emtek announced the end of BlackBerry Messenger for consumers. The once-mighty messaging service had a good run, outstripping the popularity of its hardware namesake. Launched in 2005, licensing rights for the service were acquired by Indonesia-based tech conglomerate Emtek 11 years later. For many years, BBM was considered BlackBerry's (nee […]
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