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Gawker Is Raising Money To Fund Its Legal Battle With Hulk Hogan
Jan 20, 12:45AM
Gawker Media is raising outside funding, and for a specific purpose — it says it’s getting ready for its legal battle with Hulk Hogan. As first reported in the International Business Times, the company has called for an “extraordinary general meeting” of shareholders on Thursday, where it will discuss changing its capital structure to accommodate new… Read More
Prepd Pack Is A Lunchbox You Won't Be Ashamed To Carry
Jan 20, 12:18AM
Taking your lunch to work doesn’t need to be such a hassle. There are a ton of clear benefits to taking your lunch to work. It’s more sustainable, you are able to assess exactly what you’re putting in your body, you can save a ton of cash and most of the time it encourages you to be much healthier. Launching today on Kickstarter is the Prepd Pack, a lunchbox for those with… Read More 
Digital Magazine Startup Magzter Puts The Focus On Individual Articles
Jan 20, 12:15AM
With its latest update, Magzter is unveiling a more article-centric way to browse its library of digital magazines. Seems like a pretty obvious move, right? Sure, there are people who still read magazines cover to cover (says the guy whose apartment is filled with back issues of Wired and The New Yorker), but as Magzter co-founder and President Vijay Radhakrishnan put it, most of us… Read More 
Microsoft Pledges To Provide Nonprofits With $1B Worth Of Its Cloud Computing Resources
Jan 19, 11:40PM
Microsoft CEO Satya Nadella today announced that his company will donate $1 billion in Microsoft Cloud services to nonprofits over the course of the next three years. The plan is to support a total of about 70,000 nonprofits on Microsoft’s cloud platforms like Azure, Office 365, PowerBI and CRM online through this program. Read More 
Texas Attorney General Says Texans Using DraftKings Or FanDuel Are Probably Breaking The Law
Jan 19, 10:40PM
In a situation nearly identical to what happened in Illinois a few weeks ago, Texas Attorney General Ken Paxton has responded to a request from a state representative who asked if Paxton believes Daily Fantasy Sports should be illegal under state law. Not surprisingly, Paxton said that he believes DraftKings and FanDuel both violate state law, saying that “it is prohibited gambling… Read More 
Augmented Reality For Trying On Makeup Is A Booming Business
Jan 19, 10:19PM
“Sure, that looks great on a model, but how will it look on me?” Now you can find out thanks to ModiFace, an augmented reality startup that’s quietly grown to power apps for 55 of the top makeup brands like Sephora, P&G and Unilever. Read More 
IBM Beats In Q4, But Sales Of $22.1B Are The 15th Straight Quarter Of Decline For Big Blue
Jan 19, 9:31PM
IBM reported its Q4 earnings at the close of trading today, and while its revenues were the 15th-straight quarter of declines, Big Blue beat analyst expectations both on sales of $22.1 billion, and non-GAAP earnings per share of $4.84. Analysts were expecting EPS of $4.81 on sales of $22.04 billion. Non-GAAP net income was $4.7 billion compared with $5.8 billion in the fourth quarter of… Read More 
Netflix Added 5.6 Million New Subscribers In The Fourth Quarter
Jan 19, 9:25PM
Netflix had another big beat for its fourth-quarter earnings, and once again showed strong international growth — so much so that investors seem to be overlooking its weaker domestic growth and sending shares soaring. The company added about 4 million new subscribers internationally, and about 1.56 million subscribers domestically. That’s a big jump for the… Read More 
Netflix Stock Surges After Beating Q4 Earnings And Global Growth Estimates
Jan 19, 9:19PM
Netflix just released its fourth quarter earnings report, sending the stock up more than 8 percent (as of 4:35 p.m. Eastern) in after-hours trading. The company reported revenue of $1.82 billion, up from $1.48 billion during the same quarter last year, and earnings per share of 10 cents. Analysts had been predicting revenue of $1.83 billion and EPS of 2 cents. So that’s a very slight miss… Read More 
With Google, Facebook And Nextdoor, What's Next For Lead Generation?
Jan 19, 9:00PM
A number of lead-generation platforms have emerged over the past few years to help local service professionals (“pros”) win more clients. The pro market is an $800 billion industry, so tech companies (big and small) are starting to take notice. As it stands today, the lead-gen options for pros — who have been a notoriously underserved part of the labor market — are… Read More 
Is Bitcoin's Promise Going Up In Smoke?
Jan 19, 8:30PM
In the beginning, Bitcoin was a noble experiment. Now, it is a distraction. Read More 
Adestra Raises $7.2 Million For Marketing Software
Jan 19, 8:02PM
UK-based Adestra has raised $7.2 million for its marketing technology, TechCrunch has learned. The new round of capital comes from the Business Growth Fund (BGF) and will be used to help Adestra expand in the U.S. Founded in 2005, Adestra bootstrapped and was able to develop a profitable business without outside capital. The team created solutions for brands, including MessageFocus, a… Read More 
Google Tests "Tap 10," A Rewards Program For Android Pay Users
Jan 19, 6:14PM
Google confirmed it’s now running a limited promotion in the U.S. dubbed “Tap 10,” which is aimed at increasing usage of its Android Pay mobile payments service, a rival to Apple Pay and others. Some Android users are being gifted rewards like a free Chromecast or free songs, movies, or subscriptions on Google Play in exchange for using Android Pay at local stores. The… Read More 
Join Me In Pittsburgh Next Week For Quit Yer Pitchin'
Jan 19, 6:03PM
The folks at #spkpgh have invited me to judge a pitch-off in Pittsburgh on January 28 and I’d like to see yuns there. As a CMU grad Pittsburgh is near and dear to my heart. From the O to the Beehive (RIP) some of my formative years were spent in a stupor of coffee and fat. I want to see what you guys are up to in PGH and want to eat some Primanti Brothers, in that order. You can get… Read More 
Trello Launches Developer Platform
Jan 19, 6:02PM
A few months ago, project management tool Trello launched third-party integrations with tools like Slack, GitHub and Salesforce for its paying users. Now, it is opening this platform to more developers with the launch of its so-called “Power-Ups Platform” for developers who want to integrate their services with Trello. The company also today said it now has “12 million… Read More 
Japan's ChatWork Lands $12.5M To Grow Its Business Messaging App In The U.S.
Jan 19, 6:00PM
ChatWork, a Japanese company that provides a business messaging service aimed at eliminating email and helping teams to work more efficiently, has raised $12.5 million in fresh funding to grow its presence in the U.S. and other markets. Read More 
Bitcoin Exchange Kraken Acquires Coinsetter To Expand To The U.S.
Jan 19, 5:57PM
According to Bitcoinity, Kraken is the largest EUR bitcoin exchange in the world with Bit-x and Gatecoin not far behind. But Kraken has one weakness — there isn’t much volume when it comes to other currencies. The company is trying to fix that by acquiring Coinsetter to expand to the U.S. and Canada — for real this time. Read More 
Apply To Pitch In The TC Meetup + Pitch-Off In Boston And Atlanta
Jan 19, 5:16PM
TechCrunch is hitting up Boston and Atlanta in February and we’re looking for the best and brightest new startups to pitch their products on our stage. The TechCrunch Meetup + Pitch-off is an opportunity for us to hang out with startups that aren’t from Silicon Valley, and as we do every year, we’re starting with Boston and Atlanta. Ten startups will be selected to hop up… Read More 
SoftTech VC Promotes Two To Partner As It Seeks Out Fresh $130M
Jan 19, 5:12PM
SoftTech VC, a San Francisco-based seed-stage fund founded 11 years ago by investor Jeff Clavier, has promoted two of its senior investors to full partners, a move seemingly geared to bolster the firm as it seeks to raise a $130 million in fresh capital. According to new SEC filings, the firm is targeting $100 million for its fifth fund, as well as an additional $30 million for a Breakout… Read More 
Apple's Latest EEO-1 Report Shows Slight Diversity Progress
Jan 19, 5:09PM
Apple very quietly released its most recent EEO-1 report, which breaks down employee data by race, gender, job categories, etc., over the weekend. This comes shortly after its predominantly white board of directors called the proposed adoption of an accelerated recruitment process to increase the diversity of its board of directors and senior management “unduly burdensome and not… Read More 
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