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MediaLab acquires messaging app Kik, expanding its app portfolio
Oct 19, 8:47PM
Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. Securities and Exchange Commission. Livingston […]
This Week in Apps: League of Legends goes mobile, Tim Cook talks to China and more
Oct 19, 6:00PM
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support, and the money that flows through it all. The app industry in 2018 saw 194 billion downloads and more than $100 billion in purchases. Just in the past quarter, consumer spending exceeded $23 billion and installs topped 31 billion. […]
HuffPost is reportedly on the auction block
Oct 19, 5:29PM
Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]
The new iPhone is ugly
Oct 19, 4:45PM
I’ll be the first to admit that I’m a bit old-fashioned when it comes to phones. Everyone scoffs at my iPhone SE, but the truth is it’s the best phone Apple ever made — a beautiful, well designed object in just about every way. But damn is the iPhone 11 Pro ugly. And so are […]
Mercedes-Benz app glitch exposed car owners' information to other users
Oct 19, 3:05PM
Mercedes-Benz car owners have said that the app they used to remotely locate, unlock and start their cars was displaying other people’s account and vehicle information. TechCrunch spoke to two customers who said the Mercedes-Benz’ connected car app was pulling in information from other accounts and not their own, allowing them to see other car […]
HTC releases a cheaper blockchain phone
Oct 19, 1:22PM
Whatever you might say about HTC (and believe me, there's plenty to say), at least the company takes some fascinating chance. As newly minted CEO Yves Maitre admitted to me at Disrupt a couple of weeks back, the once mighty smartphone giant has lost the thread in recent years. But if nothing else, the Exodus […]
Startups Weekly: The unicorn from down under, an Uber TV show and All Raise's expansion
Oct 19, 12:00PM
In this week's newsletter: Pendo raises $100M, 'cloud kitchens' is an oxymoron and 'Super Pumped' is hitting the small screen.
Apple's China stance makes for strange political alliances, as AOC and Ted Cruz slam the company
Oct 19, 12:26AM
In a rare instance of bipartisanship overcoming the rancorous discord that’s been the hallmark of the U.S. Congress, senators and sepresentatives issued a scathing rebuke to Apple for its decision to take down an app at the request of the Chinese government. Signed by Senators Ron Wyden, Tom Cotton, Marco Rubio, Ted Cruz, and Congressional […]
AI is helping scholars restore ancient Greek texts on stone tablets
Oct 18, 11:24PM
Machine learning and AI may be deployed on such grand tasks as finding exoplanets and creating photorealistic people, but the same techniques also have some surprising applications in academia: DeepMind has created an AI system that helps scholars understand and recreate fragmentary ancient Greek texts on broken stone tablets.
Adam Neumann planned for his children and grandchildren to control WeWork
Oct 18, 10:22PM
WeWork co-founder Adam Neumann didn’t plan for his family’s control of WeWork to end at his death but instead expected to pass that control to future generations of Neumanns, too, says Business Insider. The outlet reports that in a speech Neumann gave to employees in January of this year, footage of which it says it […]
VR/AR startup valuations reach $45 billion (on paper)
Oct 18, 9:09PM
Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include non-pure play AR/VR startups discussed below, and that amount exceeds $67 billion. More than $8 billion has been returned to investors through M&A already, with the remaining […]
Tilting Point acquires game monetization startup Gondola
Oct 18, 9:04PM
Tilting Point announced yesterday that it has acquired Gondola, a company that aims to increase game monetization by optimizing in-game offers and video ads. Tilting Point CEO Kevin Segalla described his company’s model as “progressive publishing” — usually, mobile game developers start working with Tilting Point because they need help with user acquisition, and then […]
Where are US fintech's next billion-dollar startups?
Oct 18, 8:14PM
As fintech investments soar to new heights, investors are looking at the bottom and top levels of the services stack to find the next billion-dollar startups. That’s the word from seasoned investors like Andreessen Horowitz’s managing director, Angela Strange, who has invested in a number of successful financial services technology companies. For Strange and Chris […]
Alphabet's Wing begins making first commercial drone deliveries in the US
Oct 18, 6:49PM
Alphabet -owned drone delivery spin-out Wing is starting to service U.S. customers, after becoming the first drone delivery company to get the federal go-ahead to do so earlier this year. Wing is working with FedEx Express and Walgreens on this pilot, and their first customers are Michael and Kelly Collver, who will get a “cough […]
Daily Crunch: Zuckerberg has thoughts on free speech
Oct 18, 6:44PM
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. Zuckerberg on Chinese censorship: Is that the internet we want? The Facebook CEO spoke yesterday at Georgetown University, sharing his thoughts […]
Harley-Davidson has resumed production of the LiveWire
Oct 18, 6:18PM
Harley-Davidson has resumed production and deliveries of its electric LiveWire motorcycle after determining an issue with charging was isolated to a single vehicle. Harley-Davidson halted production and delivery of its first electric motorcycle earlier this week after discovering what it described at the time as a “non-standard condition.” Harley-Davidson didn’t recall any of the LiveWire […]
Who will own the future of transportation?
Oct 18, 6:18PM
Autonomous vehicles are often painted as a utopian-like technology that will transform parking lots into parks and eliminate traffic fatalities — a number that reached 1.35 million globally in 2018. Even if, as many predict, autonomous vehicles are deployed en masse, the road to that future promises to be long, chaotic and complex. The emergence […]
$35B face data lawsuit against Facebook will proceed
Oct 18, 5:53PM
Facebook just lost a battle in its war to stop a $35 billion class action lawsuit regarding alleged misuse of facial recognition data in Illinois. Today it was denied its request for an en banc hearing before the full slate of ninth circuit judges that could have halted the case. Now the case will go […]
Bloomberg Beta, now six years old, closes its third $75 million fund
Oct 18, 5:44PM
Bloomberg Beta, a San Francisco-based outfit that uses Bloomberg LP’s money to make bets on startups, has closed its third fund with $75 million, according to Roy Bahat, who’d previously run the online media company IGN and who operates the fund as an equal partnership with Karin Klein and James Cham. (Klein formerly ran Bloomberg’s […]
YellowHeart allows musicians and concert organizers to take more control of resold tickets
Oct 18, 4:05PM
YellowHeart is trying to solve a problem that should be familiar to anyone who’s ever tried to buy a ticket for a popular concert: Those tickets will often get snatched up by scalpers, who then resell them at a much higher price. In fact, the startup’s CEO, Josh Katz, said he founded the company because […]
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