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Cryptocurrency's bad day continues as the SEC blocks Telegram's $1.7 billion planned token sale
Oct 11, 9:39PM
Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain. The move from the SEC follows the continued dissolution of the corporate alliance that was supporting Facebook’s […]
Why it might have been time for new leadership at SAP
Oct 11, 9:35PM
SAP CEO Bill McDermott announced he was stepping down last night after a decade at the helm in an announcement that shocked many. It’s always tough to measure the performance of an enterprise leader when he or she leaves. Some people look at stock price over their tenure. Some at culture. Some at the acquisitions […]
Alexa now speaks Spanish, including in multi-lingual mode
Oct 11, 9:09PM
At Amazon’s hardware event last month in Seattle, the company announced plans to launch multi-lingual modes for its Alexa devices in the U.S., Canada, and India, where the smart voice assistant would be able to speak a combination of English and Spanish, French and English, and Hindi and English, respectively. Today, Amazon says the multi-lingual […]
EBay, Stripe and Mastercard drop out of Facebook's Libra Association
Oct 11, 8:26PM
Oof — a week after PayPal announced plans to part ways with Facebook’s Libra cryptocurrency project and the related association of the same name, three more names are reportedly breaking away: eBay, Stripe and Mastercard. (Update: and now Visa!) In a comment to TechCrunch, a Stripe spokesperson leaves the door open for them to potentially […]
Life with the Samsung Galaxy Fold
Oct 11, 8:16PM
Avoid pressing hard on the screen. Tap lightly to keep it safe. Your Galaxy Fold isn't water or dust resistant. Don't allow any liquids or foreign objects to enter it. Don't attach anything to the main screen, such as a screen protector. So begins your journey. It's the story of one of the most fascinating […]
Brad Feld: what founders need to know about recent changes in VC deal terms
Oct 11, 8:08PM
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch's Connie Loizos hopped on the line with prominent investor, entrepreneur, thought leader, and Techstars co-founder Brad Feld to discuss the latest edition of his book “Venture Deals”, his advice to […]
Electric moped startup Revel could expand to Texas next
Oct 11, 5:50PM
Revel, the New York-based shared electric moped startup, appears to be preparing to expand into Texas, according to job listings first spotted and reported by Thinknum Alternative Data. The expansion into Texas would be Revel’s fourth market and its first west of the Mississippi River, a move that would be consistent with comments CEO and […]
Instacart shoppers are organizing a nationwide protest
Oct 11, 5:19PM
Instacart has long been at odds with its shoppers — the people who go to the grocery store on behalf of customers. From November 3-5, thousands of Instacart shoppers plan to protest with three demands. They want Instacart to change the default tip amount to at least 10%, ditch the service fee and commit to […]
Polte raises $12.5 million to track devices using LTE signal
Oct 11, 4:18PM
Polte has raised another $12.5 million. The company is building a service that leverages 4G (and potentially 5G) signal to track things for commercial and industrial use cases. The main advantage is that using cellular signal uses a lot less battery than acquiring GPS location and transmitting it over cellular. Today's funding round is an […]
Waymo and Renault to explore autonomous mobility route in Paris region
Oct 11, 3:26PM
Waymo and Renault are working with the Paris region to explore the possibility of establishing an autonomous transportation route between Charles de Gaulle airport and La Défense, a neighborhood just outside of Paris city limits that plays host to a large number of businesses and skyscrapers, including a large shopping center. This is part of […]
Google's Pixel 4 launches next week; here's what we expect
Oct 11, 2:51PM
Here in New York, the air is crisp and the leaves have begun to turn crimson and brown. That can only mean one thing: hardware season is upon us. Backdropped by cloudy, gray Manhattan skies, Google is set to take to the stage on Tuesday, October 15, to show off its just-in-time-for-the-holidays hardware line. As […]
Uber to acquire grocery delivery startup Cornershop
Oct 11, 2:09PM
Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary regulatory […]
Nomad's new Base Station Pro offers a taste of what Apple's AirPower had promised
Oct 11, 2:00PM
Accessory maker Nomad already offers a couple of excellent wireless chargers that work great with Apple and other Qi-compatible devices, but they’re introducing a new one that could be their most versatile yet. Using technology provided by partner Aira, called “FreePower,” the new Nomad Base Station Pro will be able to charge up to three […]
Club Factory raises $100M to expand its lifestyle e-commerce platform in India
Oct 11, 2:00PM
Club Factory, a Chinese e-commerce platform that sells fashion and beauty items and electronics accessories, has raised $100 million in a new financing round as it looks to expand its footprint in India. The new financing round — Series D — was led by Qiming Venture Partners, Bertelsmann, IDG Capital “and other Fortune 500 companies […]
Twitter comes back to the Mac
Oct 11, 1:57PM
Twitter has returned to the Mac with the debut of a new Catalyst-powered app for macOS Catalina, launched on Thursday. The company in June had been among the first to announce its plans to take advantage Mac Catalyst — Apple’s new toolset for bringing iPad apps to the Mac desktop — following Apple’s Worldwide Developer […]
Apester unveils a new Story Strip format for online publishers
Oct 11, 1:43PM
Apester, which helps digital publishers add interactivity to their content, is rolling out a new format called the Story Strip. CEO and co-founder Moti Cohen told me that the Story Strip is modeled on the Story format popularized by Snapchat and Instagram — a format that he praised for being one of the few content […]
Toyota's LQ concept car will make friends with you via its onboard AI
Oct 11, 1:40PM
Toyota is doubling down on its prediction that the key to building a compelling car of the future will be creating a true connection between car and driver (or passenger, depending on whether or not you’re using autonomous mode). The car maker’s new LQ concept is an evolution of the Concept-i vehicle it unveiled at […]
IAC outlines its plans for a Match Group spin-off
Oct 11, 1:01PM
Digital media holding company IAC has taken the next step toward spinning off Match Group, with a proposal outlining what that process would look like. Match Group (which owns Tinder, PlentOfFish, OkCupid, Hinge and of course Match itself) is already a publicly traded company, but IAC remains the majority owner. With the spin-off, IAC says […]
Checking in on 2019's IPO cycle
Oct 11, 1:00PM
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines. We have a special episode this week. Instead of our regular lineup, we got Alex on the phone with an IPO expert to dig into the year’s IPO cycle both at home and abroad. Helping with the effort […]
Rahko raises £1.3M seed from Balderton for quantum machine learning tech
Oct 11, 12:34PM
There remains a problem with the race to create a quantum computer, which is that experiments in this area can be extremely error-prone. Rahko is a new U.K. startup that thinks it can address this problem with what's known as “Quantum machine learning.” It's now raised £1.3 million ($1.6 million) in a seed round led […]
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