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HTC Is Now Essentially Worthless (And Insecure)
Aug 10, 5:10PM
Internet hyperbole (and financial analysis) have rendered HTC, a once high-flying mobile brand, essentially valueless. In short, the company is trading below cash on hand which means if you bought all HTC stock the company would have to pay, you, the buyer to take it over. This means the company’s factories, stock, and brand are worth nothing, at least on Wall Street. Furthermore, the… Read More
Five Factors Influencing The Car-As-A-Service Evolution
Aug 10, 5:00PM
What if I told you that 50 years from now, the car industry’s revenue model will see a significant shift from outright purchase to a subscription-type model? You wouldn’t think it was particularly insightful — unless perhaps I told you this in 1900, and then you were around to watch car rentals and leasing proliferate in the mid-1900s. Here are what I call the… Read More 
Pitch Your Startup In The TC Radio Pitch-Off On Sirius XM
Aug 10, 4:54PM
Tuesdays are special. Besides the fact that my favorite bar has $1 oysters that night, TechCrunch Radio also airs every Tuesday evening at 6pm ET / 3pm PT. John Biggs and I discuss the latest in tech news for the first half hour and then we dive right into the TechCrunch Radio Pitch-Off. Five companies have exactly sixty seconds to pitch their products to a special guest judge, John Biggs… Read More 
Windows RT's Last Hurrah
Aug 10, 4:47PM
While the market has known for long seconds that Windows RT is over, it has not been clear where users of operating system would end up in the Windows 10 era. Microsoft’s Gabriel Aul noted about a month ago that RT users would get something, but until recently it wasn’t clear what that something would be. Read More 
LockedOut: An Uber For Locksmiths
Aug 10, 4:41PM
By now, it’s clear that we will see “Uber for [x]” companies until there is indeed an Uber for everything. Here is the latest one: LockedOut — an Uber for locksmiths. The locksmith experience is pretty much on-demand already, but LockedOut founder Ray Wang argues that the locksmith market (especially in New York, where the service is now in beta) isn’t exactly great. Read More 
CloudCutout Applies Machine Learning To Image Editing
Aug 10, 4:08PM
Danish startup CloudCutout is applying machine learning techniques to the quotidian yet pernickety process of isolating an image from a background. Their initial target market is school photography, with the aim of undercutting the market by charging half the “standard knockout” bulk cost (50c) per image. Read More 
Branch Metrics Beefs Up Talent For Deep Mobile Linking Through ClassOwl Acquisition
Aug 10, 4:00PM
Palo Alto’s Branch Metrics, which just raised $15 million earlier this year, is beefing up its talent bench through acquiring education startup ClassOwl. Three employees from ClassOwl, which was founded in 2011 by Sam Purtill and Julienne Lam, are heading over to Branch. The company didn’t disclose the acquisition price. ClassOwl had raised about $900,000 from investors… Read More 
Fitbit Founder James Park Will Speak At Disrupt SF 2015
Aug 10, 3:36PM
James Park is on a roll. Best known as the co-founder and CEO of Fitbit, his company went public on June 18 — and things couldn’t have gone more smoothly. Fitbit is now worth more than $9 billion despite facing tough competition. Read More 
Ohlala, An Uber-for-Escorts, Launches In Berlin, Plans Global Rollout
Aug 10, 3:14PM
Until now, ‘let’s meet’ apps like Tinder have skirted the border between dating and simple sexual hookups. Others, like Grindr, have been far more blatant. But noone (at least to my knowledge!) has tried to create what is in effect an ‘Uber for Escorts’. Till now. Last year, Berlin-based entrepreneur Pia Poppenreiter created Peppr, and app which connected clients… Read More 
Virtual Assistant Startup Zirtual Is "Pausing All Operations"
Aug 10, 2:31PM
Zirtual is hitting the pause button. The personal assistant startup sent an email to customers saying that it’s “pausing all operations,” starting today: “Due to a combination of market circumstances and financial constraints we must re-organize our current structure if we are to successfully serve you in the future.” Read More 
BounceX Raises $6.5M To Make Advertising Less Obnoxious
Aug 10, 1:36PM
Bounce Exchange, a startup that helps websites strategically advertise by analyzing user behavior, has pulled in $6.45 million in new funding. 500Friends founder and angel investor Justin Yoshimura led the Series A-1 round, with participation from Contour Venture Partners, Primary Venture Partners, and New York Yankees’ All-Star Alex Rodriguez. According to BounceX founder and CEO… Read More 
Mapping Israel's Cyber-Security Startups
Aug 10, 1:30PM
While many CISOs and corporate executives are familiar with Israeli cyber talent owing to Check Point, Imperva, CyberArk and other notable security success stories, the sheer scope of Israeli startup activity in the cyber sector is staggering. Read More 
Now With 4 Million Users, Design Platform Canva Launches To Businesses
Aug 10, 1:23PM
For the past couple of years, Sydney-based Canva has been working to make graphic design more accessible through its online platform offering over a million photographs, graphics and fonts that can be easily dragged-and-dropped into a variety of templates. Today, the company is taking its next big step in making its service one of the standard tools in the corporate world, too. With the… Read More 
Access To Startup Skills Threatened By U.K. Visa Review
Aug 10, 12:52PM
The U.K.-based startup founders and investors who penned an open letter backing the Conservatives at the General Election in May are now confronted with the prospect of a Tory government looking for ways to make it harder for businesses to recruit and bring non-EU workers to the U.K. — owing to a political push to reduce net migration. Read More 
Reminder: Two Days Left To Sign Up For 2-for-1 Tickets To Disrupt London
Aug 10, 11:00AM
If you haven’t yet signed up to win the chance to buy two tickets to Disrupt London for the price of one, what are you waiting for? You have just two days left to get your name on the distribution list, so be sure to fill out this form before August 12 for the opportunity. Read More 
Xiaomi Is Now Making Smartphones In India
Aug 10, 10:21AM
Xiaomi, the company that topped China’s smartphone market in the last quarter, has begun manufacturing devices in India in another move to localize its brand in the South Asia country. Read More 
Alibaba Buys 20% Of Chinese Retail Giant Suning For $4.6B
Aug 10, 9:13AM
Alibaba may be using the internet to let merchants reach Chinese consumers, but the e-commerce giant still retains an interest in brick and mortar retail. How much of an interest, you ask? Enough to invest RMB28.3 billion (that’s around $4.63 billion) in retail giant Suning, an offline rival to its business. Read More 
Korea's Daum Kakao Brings In 34-Year-Old CEO To Grow Its Messaging Business Overseas
Aug 10, 7:17AM
Daum Kakao, the $3 billion dollar internet company that owns messaging app Kakao Talk and recently bought Path, has turned to youth after hiring a new CEO to push its business forward. Read More 
A Conversation With Y Combinator's President Sam Altman
Aug 10, 12:00AM
Since taking over YC, Altman has not only increased the number of startups in each batch, but he has also ventured into hardware and biotech, started a growth fund (according to SEC filings) and, last week, YC announced a new fellowship program for companies at the concept or prototype phase. Read More 
Y Combinator's L. Condoms Provides Safe Sex, On-Demand
Aug 09, 11:26PM
I don’t know what kind of a situation one needs to be in to need a pack of condoms delivered in under an hour when there’s likely a fully-stocked convenience store within a 15 minute walk but one San Francisco-based startup has you covered here. L. Condoms is a startup in the current batch of Y Combinator that promises delivery of comfortable, paraben and glycerin free… Read More 
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