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Turing CEO Defends $750 Pill In Reddit AMA, Says Scandal Has Been "Best Possible Way To Get Girls"
Oct 25, 7:09PM
Turing Pharmaceuticals CEO/ PR Disaster Martin Shkreli took to Reddit late Saturday night to tell his side of the story on the Daraprim drug scandal. His company is back in the public eye this weekend following news that a competitor has introduced a customizable $1 alternative to Turing’s $750 pill. Shkreli is no stranger to making his opinions known on Twitter, but he outdid… Read More
How I Would Launder Money With DraftKings
Oct 25, 7:00PM
American Banker wants to know whether the explosion in daily fantasy sports startups is creating “havens for money laundering.” It’s difficult to say. People have theorized that online betting is an ideal platform for money laundering, but few actual cases exist. As an exercise, I imagined how I would use DraftKings to launder money. Read More 
Owlet, The Smart Baby Sock, Is Already Saving Lives
Oct 25, 3:01PM
Owlet, a Hardware Battlefield darling, announced that they are going out of beta this weekend and will be available to new parents who want to make sure their wee ones are breathing at night. The announcement comes in conjunction with actual testimonials from parents who feel that Owlet saved their babies’ lives. Wrote founder Jordan Monroe: Andrew, Pia, and Easton. These are the… Read More 
Engineers Build Ugly Products
Oct 25, 3:00PM
Why do engineers build ugly products? What is it in the nature of engineering or the software development process that leads to user interfaces that are impossible for users to actually use? Read More 
Tech Firms Rally Against Harmful EU Net Neutrality Laws As Deadline Looms
Oct 25, 2:40PM
Net neutrality is widely accepted as being key to innovation, and therefore tech startups. When it operates, there is no ‘fast lane’ controlled by larger companies. Net neutrality is, in fact, why startups have been able to create so much value in the modern world – value not just in economic terms but in social terms as well, affording access to information and democratic tools. Read More 
Past Behavior Does Not Determine Future Purchases
Oct 25, 3:00AM
Ever wonder why after buying shoes online (or any other consumer goods), for the next few weeks or months, you can be sure to spot ads or promotions for those same shoes on nearly every website you visit? What’s more, you’ll see which shoes your Facebook friends bought, which shoes their friends bought and which shoes “others like you” bought. You already bought shoes,… Read More 
Why IoT Security Is So Critical
Oct 25, 12:00AM
Twenty years ago, if you told me my phone could be used to steal the password to my email account or to take a copy of my fingerprint data, I would’ve laughed at you and said you watch too much James Bond. But today, if you tell me that hackers with malicious intents can use my toaster to break into my Facebook account, I will panic and quickly pull the plug from the evil appliance. Read More 
The White House Is Ready For Tech To Step Up In Government
Oct 24, 8:00PM
It’s no secret that the tech community has historically reacted with hesitation at the thought of collaborating with the public sector, what with the red tape, bureaucratic processes, lengthy sales cycles and a generally poor standard of implemented technology (remember Healthcare.gov before Marketplace Lite?). Clashes with Uber and Airbnb have created an image of our government as… Read More 
Raise Your Seed Round By Treating Investors As Team Members
Oct 24, 3:00PM
The psychology of seed-stage investing is complex. As the one raising money, it’s easy to fall into the trap of treating the process like a transaction. But at the seed stage, neither investors nor the startups can make accurate predictions on numbers alone. Investors look for other data points to evaluate the opportunity, such as the strength of the team and who else has already… Read More 
Uber Refueling Its Warchest Yet Again, At A Valuation Of Up To $70BN
Oct 24, 1:18PM
Another month, another billion for Uber… The ride-hailing business is reportedly raising yet again — planning to raise close to $1 billion in new investment according to the NYT citing “people close to the matter”, with investors looking at a valuation of between $60 billion and $70 billion for the six-year-old startup. Read More 
When Facebook Knows You Better Than You Know Yourself
Oct 24, 1:00PM
Every time you log in to Facebook, every time you click on your News Feed, every time you Like a photo, every time you send anything via Messenger, you add another data point to the galaxy they already have regarding you and your behavior. That, in turn, is a tiny, insignificant dot within their vast universe of information about their billion-plus users. Read More 
Walgreens Halts Theranos Testing Center Expansion
Oct 24, 1:43AM
Walgreens won’t be going forward with any plans to open up more Theranos Wellness Centers until it can “understand the truth,” behind recent questioning of the blood work startup’s technology, according to the Wall Street Journal. Walgreens and Theranos announced a partnership in September 2013, allowing Theranos to offer its lab testing services at Walgreens… Read More 
Coding Academies Are Nonsense
Oct 24, 1:00AM
Coding as a profession has recently catapulted from the dark rooms of nerdom into the shining light of mainstream appeal, and few people are better off for it. In 20+ years of professional coding, I’ve never seen someone go from novice to full-fledged programmer in a matter of weeks, yet that seems to be what coding academies are promising, alongside instant employment, a salary big… Read More 
DigitasLBi Identifies The Most "Contagious" Brands On Social Media
Oct 24, 12:57AM
It should be easy to tell whether or not something’s working on social media, right? I mean, if you’ve got a lot of likes and favorites, that’s great. If you don’t, that’s less great. Isn’t that how it’s supposed to work? Well, not quite — at least according to DigitasLBi. The marketing agency worked with Wharton professor Jonah Berger to develop… Read More 
Periscope Goes Batty For Halloween, Introduces A Themed Heart
Oct 24, 12:25AM
It’s not a Twitter custom emoji, but it’s close. Looks like Periscope is playing around with the hearts that you can send folks who are livestreaming. For Halloween, it’s bats! Simply use “#Halloween” in your Periscope title and the bats will fly, the team tells me. This is the first customized icon (or themed hearts as Periscope calls them) that I’ve seen… Read More 
Pandora Loses More Than A Third Of Its Value As It Battles Apple Music For Listeners
Oct 24, 12:06AM
Shares of online radio service Pandora tanked about 36 percent on Friday. The sharp decline comes after the company reported a loss of almost $86 million yesterday. The call was the company’s first report on earnings after the June 30 launch of Apple Music, and Friday’s dive shows investors were not pleased with how the Oakland, California, company stacked up against the… Read More 
CrunchWeek: YouTube Green, Earningspalooza, And #Jacklash
Oct 23, 10:11PM
Welcome to another episode of CrunchWeek, TechCrunch’s weekly roundup show where we talk the biggest things in tech. Read More 
Tech (Mostly) Puts Points On The Board
Oct 23, 8:21PM
We are back in earnings season, which means that it’s report card time for your favorite public tech shops. Earnings have a way of cutting through the bullshit. It’s refreshing. So, what happened this week? Well, a few headlines are the place to start. Read More 
The Future Of Enterprise Storage Is Probably Not Storage
Oct 23, 8:00PM
Traditional enterprise storage is dying a slow death. The bulky old-school storage boxes that once filled the data centers of large businesses symbolize a past era. The modern data center is undergoing a tremendous transformation, with everything from hyper-converged systems and open source to software-defined storage and large cloud-scale storage systems that companies can assemble themselves. Read More 
Brewster Contacts App Team Gets Acqui-Hired By Burger King Owner RBI, Brewster Lives On
Oct 23, 7:46PM
We’ve heard a lot about software eating the world; now a company that has built its business around food is now eating up a software startup. Restaurant Brands International, owner of Burger King and Horton’s, is acqui-hiring the team from Brewster — the service that lets you unify address books from disparate apps into a cohesive whole. Founder Steve Greenwood and his team… Read More 
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