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Amazon Had Mixed Success With Prime Day – Strong Sales, But Consumer Backlash Could Linger
Jul 17, 3:38PM
Amazon scored big sales with Prime Day, its first-ever attempt to create its own sales holiday to rival the post-Thanksgiving sales bump that includes Black Friday and Cyber Monday. The company reported that its Prime Day sales were actually bigger than Black Friday sales, even though they were limited to Prime members. But where Amazon failed was in capturing social buzz from consumers as… Read More
Afrostream Is Netflix For African And African-American Movies
Jul 17, 3:26PM
Streaming services like Netflix are great, but you often end up watching the same blockbuster movies showing how a white man will save the world. Meet Afrostream, a niche movie streaming service that features African and African-American content. Launching in September, this startup may have found a great underserved segment. Read More 
Report: Hulu Considers Offering A Pricier, Ad-Free Tier
Jul 17, 2:32PM
Hulu is considering an ad-free version of its streaming service, according to a new report from The Wall St. Journal on Thursday. The service could launch as early as this fall, and would be priced around $12 to $14 per month – higher than Hulu’s ad-supported service today, which is $7.99 per month. At this price point, the service would not likely see a large number of… Read More 
With $1.5 Million In Seed, CredSimple Verifies That Doctors Are Legit
Jul 17, 2:02PM
CredSimple, a startup building a medical credentialing database, has raised $1.5 million in seed funding to help healthcare and insurance companies manage their doctor networks. Bowery Capital led the round, with participation from Primary Venture Partners and a handful of angels. When a doctor gets a job at a new practice or hospital, he goes through a process called credentialing. It… Read More 
Watch Site Chrono24 Raises €21 Million To Build An Horological Juggernaut
Jul 17, 12:26PM
Because there exist only two kinds of watches – Apple Watches and all others – Chrono24 is addressing a pretty big market: high-end collectors of mechanical timepieces. The watch consignment and sales site just raised €21 million from Insight Ventures to open new offices in New York and Hong Kong and have even added a new feature called Trusted Checkout, a system that… Read More 
U.K. 'Emergency' Surveillance Law Ruled Unlawful By High Court
Jul 17, 12:22PM
In a high profile win for civil liberties in the U.K., surveillance legislation rushed through the national parliament in a matter of days last year has today been declared unlawful under European Human Rights law. Read More 
Join Us At PragueCrunch IV: The Enpraguening
Jul 17, 10:02AM
Here it comes, Central Europe: PragueCrunch IV! This annual celebration of all things startup is coming to your town on Friday, July 31, 2015 from 7:00 PM to 11:00 PM (CEST). We’ll be holding the event on the terrace at Střelecký Ostrov. If you’ve been to any of the previous events you’ll know it’s a good time. We have special early bird tickets available now right… Read More 
The Rise Of Female Hackers For Good
Jul 17, 1:00AM
On May 23, 2015, hackers from 19 countries gathered online and in person for Femhack, a grassroots international feminist hackathon inspired by the life and work of Sabeen Mahmud. Passionate about civic technology, Mahmud started Pakistan’s first hackathon. Her efforts were not without controversy, and Mahmud paid for her activism with her life in April 2015. Read More 
Your Phone Can Tell Whether You're Depressed
Jul 16, 11:12PM
You may think you know a lot about the inner workings of your phone, but your phone may have an even better picture of your mental state. A new study published yesterday in the Journal of Medical Internet Research by researchers from Northwestern University details how GPS and usage sensors can determine whether or not a user is exhibiting signs of depression. The report detailed that… Read More 
Buy/Hold/Sell In Venture Capital
Jul 16, 11:00PM
A common rule of thumb among early stage VCs is to reserve 2–3X dollars for every $1 initially invested in a startup. This is in order to maintain ownership levels in selected portfolio companies and to support them through good times and bad. Obviously, it’s not optimal to invest the same amount per company. Given the often binary returns within VC portfolios, there are usually… Read More 
Good St. Makes It Easy For Startups (And Other Businesses) To Support Charities
Jul 16, 10:13PM
Good St. bills itself as a way to change the world “one quarter at a time,” and now it’s offering a way to do that as a company. When you sign-up for Good St., you’re committing to donate as little as 25 cents each day. Then you’ll get a daily email describing two charities chosen by the Good St. team, and you can vote for the organization that you want to support. Read More 
Tesla Is Making A Mystery Announcement Tomorrow
Jul 16, 9:58PM
We just got the official word: Tesla is announcing something tomorrow. What is that “something”? We… actually have no idea at the moment. I’d love to say “YEAH! GET HYPED! NEW ANNOUNCEMENTS THAT WILL BE SUPER INTERESTING!” for the sake of readership — but I can’t really do that, because Tesla is keeping details super sparse. Could it be that… Read More 
This Post Is A Secret So Shhh…
Jul 16, 9:45PM
Don’t tell my bosses, who much prefer me to write scoops and shit, but my favorite part of my job is hosting the TechCrunch Meetups in various cities across the country. And don’t tell all the people I work with who are from San Francisco, but my favorite city in the world is the one I live in, New York City. Normally I’m pretty good at keeping secrets. My job depends on it.… Read More 
Tech CEOs Call On The House To Move Its Ass On Patent Reform
Jul 16, 9:39PM
Today the CEOs of Yelp, Yahoo, Twitter, TripAdvisor, Rackspace, Pinterest, LinkedIn, Google, Gilt, and Etsy wrote a letter to leaders of the House of Representatives, pressing the politicians to pass a patent-reform bill called the Innovation Act of 2015 “this summer.” Read More 
Groupon Acquires OrderUp Food Delivery Service
Jul 16, 9:31PM
Groupon appears to be readying itself to expand into food delivery and take on services like GrubHub. Today, the company announced its acquisition of food-delivery service OrderUp and detailed its plans to expand into the $70 billion sector. Read More 
Netflix Hits Record High — Again
Jul 16, 9:01PM
Holy shit, Netflix. After reporting strong subscription growth and better-than-expected second-quarter profit, Netflix went on a tear today, spiking around 18 percent in regular trading. The company is also up after hours. Read More 
This Week On The TechCrunch Bitcoin Podcast: The Greek Slump, And Litecoin's Re-Implosion
Jul 16, 8:22PM
And lo, volatility returned to the crypto-markets. It’s been a fun week in the bitcoin markets, having seen the price of the stuff break the emotionally important $300 mark, only to fall back underneath it. The mini rally was perhaps inspired in part by Grecian fever dreams. And then there was Litecoin, which cause a stir by showing something akin to life, before giving up the ghost in… Read More 
Google Spikes 8% After Reporting Better-Than-Expected Q2 EPS Of $6.99
Jul 16, 8:12PM
Today following the bell, Google reported its second-quarter financial performance, including revenue excluding traffic acquisition costs (ex-TAC) of $14.35 billion and adjusted earnings per share of $6.99. The street had expected the company to earn $6.70 per share on ex-TAC revenue of $14.27 billion. Google’s stock hopped as high as 8 percent (UPDATE: 11 percent as of 2 p.m. PT)… Read More 
Reddit Will Hide Indecent Content From Search And Logged-Out Users, Reiterates Harassment Ban
Jul 16, 8:05PM
Reddit is taking a firm stance against bullying, harassment, and content that encourages violence, and will hide the worst content from its site. Today new CEO Steve Huffman announced a new slate of moderation policies and is now holding an AMA to discuss them, which is important considering they’re rather vague to begin with. What’s new is the NSFW tag, which stands for… Read More 
The Future Of Retail Won't Be So Good For Consumers
Jul 16, 8:00PM
Shopping — both online and offline — is a great luxury of the modern era. People can enjoy a great selection at lower prices and shop from the convenience of their home, while still having the option of going to a local mall or retailer to peruse the aisles for instant gratification. Read More 
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