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The Secondary Markets Are Becoming the Wild West Again
Jul 10, 3:35PM
The resurgence of unfettered secondary markets is a concern for both private companies and shareholders. Read More
Y Combinator's Big Future
Jul 10, 3:17PM
There’s been a lot of talk in venture circles lately about “signaling risk” and seed-stage investments. The gist: When earlier backers are high-profile venture firms, and these firms decide not to participate in a startup’s next round, it hurts the company’s ability to raise a Series A round. Although this concern isn’t exactly new, recent numbers… Read More 
Laundrapp Acquires Washbox As Competition In The U.K. On-Demand Laundry Space Shrinks
Jul 10, 3:06PM
Laundrapp, one of a plethora of on-demand laundry startups targeting London and other cities in the U.K., has acquired rival Washbox. Read More 
Microsoft Says Power BI Will Come Out Of Preview On July 24, Open Sources Visualization Stack
Jul 10, 3:00PM
Microsoft today announced that Power BI, the company’s cloud-hosted self-service business intelligence service, will hit general availability on July 24. Power BI originally launched as part of Office 365 back in July 2013. Since then, the company has completely revamped the service and the new version has been in preview for quite a while now. Now, Microsoft is taking both Power BI and… Read More 
Vortex Is A Toy Robot That Teaches Kids How To Code
Jul 10, 2:34PM
DFRobot, a company that has been building robots for the education market since 2008, this week introduced its first attempt at making a robot accessible to all children, with the debut of Vortex – an interactive, programmable robot aimed at kids 6 and up. The Vortex robot pairs with iOS and Android smartphones or tablets over Bluetooth, and lets kids control its movement by tapping… Read More 
Bitcoin Miner BitFury Secures $20M To Bolster Its Blockchain Infrastructure
Jul 10, 2:08PM
In another sign that the Bitcoin and the Blockchain are becoming a platform for the long term, BitFury, the Bitcoin Blockchain infrastructure provider and transaction processing company, has secured $20 million in funding from investors including DRW Venture Capital, iTech Capital and the Georgian Co-Investment Fund. Among other things, Bitfury offers the HexFury, a USB mining rig with six… Read More
Foundry Group Is Providing Free Housing To Techstars' Detroit Program
Jul 10, 1:39PM
Startups participating in Techstars Mobility have a new option for housing: Foundry Group purchased a lovely house in the Cass Corridor neighborhood. Believe it or not, there’s actually a real estate crunch in downtown Detroit. Sure, houses are a dime a dozen in Detroit, but it’s tough finding a nice house in a nice neighborhood with like-minded people. And this house is free for… Read More 
The Secret Language Of Line Stickers
Jul 10, 1:26PM
Throughout history, every form of communication has developed its own shorthand. Northern Renaissance paintings were rich in symbolism; even the most mundane detail, like a vase, was a rich allegory. Victorians folded the corners of their calling cards to express sentiments ranging from congratulations to condolences. Wireless telegraphists developed a system of coded slang to save their… Read More 
Pompous Apple Is Pompous
Jul 10, 1:14PM
Apple’s latest iPhone ad is a bit smug. Even for Apple. As you can see above, the ad takes the fight directly to Android phones by reminding that Apple makes both the iPhone hardware and software — something very few phone makers can say. Read More 
Greece-Based Startup Pollfish Scores $2.5M For Mobile Survey Platform
Jul 10, 12:40PM
Athens, Greece-based mobile survey platform Pollfish has closed a Series A funding round of $2.5 million. The round was led by Odyssey Investment Partners, PJ Catalyst, Woodside Group and several unnamed angel investors. It brings total funding to $2.8 million since the company was founded in n 2013. Pollfish says the new capital will be used for continued U.S. expansion. Read More 
Sources: Peter Thiel Is Investing In Kreditech's $100M Series C Round
Jul 10, 12:12PM
While Greece and its creditors continue to play a game of chicken, a startup out of Germany putting a big data spin on the business of loaning money is raising a large round of funding. TechCrunch has learned that Kreditech, an online finance startup that loans money to consumers who have little or no credit rating, is raising around $110 million in a Series C round of funding. One… Read More 
Microsoft Announces Public Preview Of Azure Data Catalog
Jul 10, 12:06PM
In a blog post published this morning, Microsoft’s Joseph Sirosh, corporate vice president at Microsoft, who is in charge of Azure ML, announced the public preview of the Azure Data Catalog, an in-house tool to facilitate discovery of a company’s data sources. Azure ML is Microsoft’s machine learning platform, which was launched last February. As companies create various… Read More 
Chinese Airbnb Rival Xiaozhu Closes $60M Series C Round
Jul 10, 11:30AM
Is there something in the water for peer-to-peer rental websites right now? Fresh from U.S. juggernaut Airbnb raising $1.5 billion and China’s Tujia taking in $250 million last month, Xiaozhu — another Chinese Airbnb equivalent — announced a lesser-but-not-insignificant $60 million Series C round at a $300 million-plus valuation. Read More 
Spain's Geeksphone Exits Smartphones
Jul 10, 10:54AM
Muere la revolución. Spanish smartphone maker Geeksphone has confirmed it’s stepping out of the mobile making game almost six years after founding a startup business to build handsets for an enthusiast community of geeks looking for something a little different to mainstream smartphones. Read More 
General Partner Peter Read Leaves Google Ventures In Europe
Jul 10, 10:35AM
TechCrunch has learned that one member of Google Ventures’ European team has left the VC firm. As of last week, Peter Read is no longer a General Partner. Read More 
China Tightens Its Control Of The Internet With Draft Cybersecurity Law
Jul 10, 8:38AM
China’s government is tightening its grip on the internet in the country after it released a new draft cybersecurity law this week. Read More 
Microsoft Shows The Augmented Future Of HoloLens
Jul 10, 8:03AM
Microsoft has posted a bit of CG describing what it will feel like to use the HoloLens, their augmented reality helmet, in real life. The resulting video, shot at Case Western Reserve University, shows doctors examining bodies as they float in midair, creating a new way to teach anatomy. The resulting interaction – pinching to hide images, swiping through musculature – is… Read More 
Likes Aren't Enough. Now Facebook Pages Need You To Add Them To "See First"
Jul 10, 1:24AM
Facebook told businesses to buy Page Likes for years, saying that’s how they could reach people through the News Feed. But over time, a natural increase in competition for space in the feed plus increased restrictions on promotional and marketing posts have eroded the reach of Pages, and subsequently some of the value of Page Likes. Now Facebook has created an echelon above Likes. A new… Read More 
Splunk Buys Security Startup Caspida For $190M
Jul 10, 12:36AM
Splunk announced this evening it had purchase Caspida, a Palo Alto startup that uses machine learning techniques to help identify cyber-secruity threats from inside and outside the company, for $190 million. The deal has already closed, the company reported. Splunk helps companies deal with the onslaught of machine data coming from IT systems using data science techniques and automation to… Read More 
GoFundMe Learns The Taylor Swift Principle
Jul 10, 12:09AM
Once in a while (a lot, actually), part-time Apple blogger and musician Taylor Swift likes to give to a charitable cause. She likes hanging out with kids who are in the hospital, too. She likes disrupting technology the most. Swift’s most recent disruptive move was a donation made to a little girl named Naomi, who is kicking the crap out of cancer. It was for $50k, to help with some… Read More 
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