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FCC Approves Billions To Bring Wi-Fi To More American Schools
Alex Wilhelm
2,014
7
11
American schools are set to receive billions in federal dollars to bring Wi-Fi to more kids. The   (FCC) today approved, by a 3-2 vote, a new plan that will deploy $2 billion over a two-year period to bring increased wireless Internet capabilities to schools. The program will impact . The larger E-Rate program that he...
Twitter Acquires Image Search Startup Madbits
Catherine Shu
2,014
7
29
has acquired image search startup for an undisclosed amount. The announcement was made on New York-based ‘ site and . Madbits co-founders Clément Farabet and Louis-Alexandre Etezad-Heydari said: “Today, after a tremendous year of development and iterations, we are excited to announce that we are joining Twitter. O...
Taptalk’s Official Response To Its Clone ‘Instagram Bolt’
Josh Constine
2,014
7
29
“F*ck Retakes”. That was founder Onno Faber’s reply when I asked for his reaction to . Bolt lets you send photos and videos with . And those faces are lined up on the bottom half of the camera screen…just like Taptalk. But that doesn’t seem to have dampened Onno’s spirits. Here are the Taptalk messages he sent me b...
Netflix And AT&T Sign Peering Agreement
Alex Wilhelm
2,014
7
29
has signed a peering agreement with that will see the video streaming service pay the ISP for direct connection to its network. Previously, Netflix signed similar agreements with and . Interconnection agreements do not deal with how content moves across the network of an ISP, but instead focus on how it gets onto...
A TV Show About Online Videos Shows Us We’re In A Weird Place With Content Right Now
Sarah Buhr
2,014
7
29
A TV show devoted entirely to showing nothing but online videos is now in the nation. You may have seen RightThisMinute on HLN or one of your local channels: It’s on most Cox, Scripps and Raycom stations coast to coast and will soon be syndicated throughout about 91 percent of the country. The show gets over 2 million...
Our Nine Favorite Companies From The 500 Startups Demo Day
Kyle Russell
2,014
7
29
It’s that time again: just put on demo day for its at Microsoft’s conference building in sunny Mountain View, Calif. The seed stage investor and startup incubator showed off 29 products and services that range from making it easier to get a home loan to a marketplace for 3D printed knick-knacks. We don’t want to di...
Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform
Josh Constine
2,014
7
29
wants to help other businesses sell things, so it’s done selling its own. will shut down on August 12th and stop selling gift cards for businesses like Starbucks and iTunes. Facebook tells me no layoffs will occur, and most of the team has already been reassigned to other commerce initiatives it’s concentrating on. ...
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Alex Wilhelm
2,014
7
11
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ThredUp Flush with $23 Million
Sarah Buhr
2,014
7
29
On the heels of online consignment rival , just filed a $23 million Series D with the . According to the filing, is seeking a total of $25 million in equity funding. We’ve reached out to ThredUp about the filing but have not heard back. led the company’s Series C back in 2012. Other investors included and . A...
Palantir Acquires Social Polling Startup Poptip
Anthony Ha
2,014
7
29
, a startup that helps companies conduct social media surveys and , just that its team will be joining starting on August 1. A spokesperson confirmed the acquisition but declined to comment further. The two companies don’t seem like an obvious fit; for example, see the slightly mystified conversation that follow...
Eventbrite’s Power Duo Julia And Kevin Hartz Will Speak At Disrupt SF
Matt Burns
2,014
7
29
We’re thrilled to announce that Eventbrite co-founders Julia and Kevin Hartz will be joining us for an on-stage interview at   — the tickets for which are sold by Eventbrite, natch. and  are married now, but they weren’t when they paired up with  to start the incredibly popular self-service ticketing company that le...
Google Docs, Sheets And Slides Get New Home Screens With A Taste Of Material Design
Darrell Etherington
2,014
7
29
has rolled out for its , Sheets and Slides productivity web app suite, with new homepages for each that present your content in a visual grid and that introduce just a hint of Material Design into the look and feel of the apps, with bold edge-to-edge fields of color and some basic animations. The new start pages fo...
Twitter Picked Up 16M Active Users In Q2
Anthony Ha
2,014
7
29
In its most recent quarter, didn’t just . It also showed continued user growth, which has been an ongoing concern for the company. Twitter there were an average of 271 million monthly active users, compared to . (Of that total, 211 million active users were mobile, representing 78 percent of all active users.) Th...
Microsoft Now Builds Nearly 95% Of All Windows Phones
Alex Wilhelm
2,014
7
29
The Microsoft- deal closed, and Microsoft now builds and sells millions of phones each month. But more to the point, Microsoft now builds 94.5 percent of all Windows Phone devices. That’s according to , an advertising company that services the mobile platform. Its  on the Windows Phone ecosystem indicates that in th...
Instagram Launches One-Touch Photo And Video Messaging App Bolt Outside The US
Josh Constine
2,014
7
29
is taking on by turning your best friends’ faces into the shutter button with today’s official release of its but only Singapore, South Africa and New Zealand will get this initial phase of the and rollout. Designed for lightning-fast, ephemeral one-to-one video and photo messaging, Bolt was  that appeared on...
Twitter Skyrockets After Reporting Big Q2 Revenue Of $312M, Profit Of $0.02 Per Share
Alex Wilhelm
2,014
7
29
This afternoon reported its second quarter financial performance, including revenue of $312 million, and earnings per share of $0.02. The street had Twitter to lose a penny per share on revenue of $283.07 million. Its revenue in the quarter was up 124 percent from the year-ago period. In the second quarter of 2013,...
Atheer Labs Releases A First Enterprise Developer Kit For Its 3D, Wearable Glasses
Kim-Mai Cutler
2,014
7
29
There is a pretty wide spectrum between wearables like Google Glass, which you take around with you in your everyday life, and fully immersive virtual reality experiences like the Oculus Rift, which take you out of the real world and are experienced in a stationary environment. , a Mountain View-based startup, is build...
Exchange Corp. Launches Cardless Payment Service With $3.3 Million Series A
Jonathan Shieber
2,014
7
29
The Japanese startup has launched a new up-front payment service for online retailers called as it closes on $3.3 million in new financing. Launched by Russell Cummer, a former trader with Goldman Sachs in Japan, began as a peer-to-peer lending service in Tokyo, but is expanding to offer up-front payments as the ...
Microsoft Updates OneNote For Apple Products
Alex Wilhelm
2,014
7
29
a number of changes to OneNote for Apple products — iPad, iPhone, and Mac — today that broaden the functionality of the note-taking tool. Users of OneNote for Mac can now connect to OneDrive for Business accounts. Across all three devices, OneNote users can now add files to their ‘notebooks.’ On iPad and iPhone, users...
Talk Private To Me: Free, Worldwide, Encrypted Voice Calls With Signal For iPhone
Jon Evans
2,014
7
29
Rejoice, O lovers of privacy! For has released , which gives any and every iPhone wielder the power to fully encrypt their calls against prying ears — and is completely compatible with OWS’s time-tested and well-liked . Under the hood, Signal uses push notifications to initiate calls, Amazon Web Services to route t...
Backed By Tencent And Felicis, Scaled Inference Wants To Be The Google Brain For Everyone
Ingrid Lunden
2,014
7
29
Google Brain, an artificial intelligence and machine learning project at , has been used to power services like Android’s speech recognition system and photo search on Google+. Now, two of the most longstanding machine learning engineers, one of whom worked on Google Brain, have left the search giant to start a new co...
Tech Companies Throw Their Support Behind Strengthened NSA Reform Bill
Alex Wilhelm
2,014
7
29
As expected, introduced the USA FREEDOM Act to the upper chamber of Congress on Tuesday. The bill comes on the heels of a that was widely condemned as denatured and passed by brute force. “If enacted, this bill would represent the most significant reform of government surveillance authorities since Congress passed ...
Shervin Pishevar And Scott Stanford’s SherpaVentures Closes $150 Million For Its First Fund
Ryan Lawler
2,014
7
16
, the venture firm founded by former partner and former banker , is finally ready to be less vague about what it’s doing. After a year of raising money and simultaneously making investments, the firm is announcing that it has closed $150 million in financing from limited partners. Most readers of are probably ...
Yahoo Exec Accused Of Sexual Harassment Files Defamation Counter-Suit
Cat Zakrzewski
2,014
7
16
Prominent executive   filed a against a former female employee who  for sexual harassment and subsequent wrongful termination. In her filing, Zhang called Nan Shi’s allegations — that she forced Shi to have oral and digital sex — “outrageously false” and based on attempts to extort Yahoo. On Friday , asserting tha...
Snapchat Files Trademarks To Handle Payments
Josh Constine
2,014
7
16
Snappay?  may try to monetize by processing peer-to-peer payments, money transfers, or online payments, according to it filed earlier this week. Owned by Snapchat and filed on July 11th by an attorney at Cooley, which is known to be Snapchat’s law firm, the trademarks could keep anyone else from entering the same ...
Tech Entrepreneur Priya Haji, Founder And CEO Of SaveUp, Has Passed Away At 44
Colleen Taylor
2,014
7
16
, a Silicon Valley tech entrepreneur known for her focus on socially-minded ventures in both the for-profit and non-profit spaces, most recently as of personal financial savings app , passed away unexpectedly of natural causes on July 14th at the age of 44. SaveUp co-founder and CFO Sammy Shreibati confirmed the ne...
Xbox One Sales “More Than Double” In June, But Microsoft Doesn’t Disclose Absolute Figures
Alex Wilhelm
2,014
7
16
Today that in June, sales of its “more than doubled.” It did not release a concrete sales figure for the time period, disappointingly. Microsoft last indicated a hard sales number for the Xbox One in April. It   that month. It isn’t clear if its sales declined in the ensuing period thus making the doubling less i...
Funding Circle Gets Funded, $65M More For Its Small Business Lending Marketplace
Ingrid Lunden
2,014
7
16
, an online marketplace that connects small businesses looking for loans with individuals and institutions willing to lend money, has picked up a significant round of funding of its own. The startup, founded in 2009 in London and  active in the U.S., has raised $65 million — money that co-founder and CEO tells me it...
Balderton Injects $6.5M Into Crowdcube’s Funding Platform
Natasha Lomas
2,014
7
16
 is leading an investment into investment crowdfunding platform .  Yes, things really have got that meta in the startup investment world. is putting £3.8 million ($6.5 million) into UK-based Series B round — with a further £1.2 million being offered to crowd-backers (starting at  . Let no one accuse Crowdcube of no...
Intel And Microsoft Hit 12- And 14-Year Highs On Strength Of Improving PC Market
Alex Wilhelm
2,014
7
16
We’re apparently in the -Post PC market. The PC market has almost stabilized, and its re-found salubrity is helping players in the space. Intel and both notched big gains today in the wake of report that came after the bell yesterday. rose 9.27 percent during regular trading, pushing its market capitalization to ...
Online Fashion Company ModCloth Lays Off 70 Employees
Anthony Ha
2,014
7
16
Online retailer laid off around 70 employees yesterday, a little under 15 percent of its 500-person-plus workforce. We first heard about the cuts through a couple of emailed tips and . A spokesperson confirmed the news. Apparently the layoffs affected all three company offices (San Francisco, Pittsburgh, and Los A...
Visa Launches PayPal-Like ‘Checkout’ Widget For Third-Party Websites
Cat Zakrzewski
2,014
7
16
To do so, it’s adapting to Internet retail with the launch of that will allow users to speed through the online checkout process in just a few steps. is introducing a username and password system for making payments, which would eliminate the need to enter a 16-digit credit card number. “Merchants want to sell, they ...
Samsung Launching Its Premium Headphones In The U.S.
Kyle Russell
2,014
7
16
With sales of its premium smartphones , Samsung is moving into another potentially high-margin business: premium headphones. Tomorrow the South Korean electronics giant will launch its Level line of headphones (and a wireless speaker) on premium goods retailer , whose members will have to buy a pair before they b...
New Airbnb Logo Wants You To Draw It Like One Of Your French Logos
Alexia Tsotsis
2,014
7
16
In a real-life scene that could be in HBO’s “ ,” Airbnb a very sexually connotative logo today: . Apparently no one process asked themselves, in parlance, “Does this logo look like a boobs and a butt and a hooha?” Per Armin Vit’s post, “The answer has to be a resounding “No”. If there is just a slight hesitation...
Why The First YC-Backed Biotech Company May Just Be The Future Of Pharma
Sarah Buhr
2,014
7
16
 sounds kind of like a mad science lab of the future. The Boston-based biotech company is currently working on a project with to treat antibiotic-resistant germs, using designer microbes to convert CO2 emissions into fuel and is somehow making yeast smell like roses. co-founder Jason Kelly considers these projects, ...
Investors Cash Out Of Payment Technology Startups
Jonathan Shieber
2,014
7
16
Even as a clutch of new payment technology companies including and announce new financing rounds today, it seems like investors are no longer paying out for payment companies. Over the past three quarters, the number of venture-backed payments companies has declined, tumbling from 59 startups in the third quarter o...
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Frederic Lardinois
2,014
7
29
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Evoke Is A New Induction-Based Vaporizer That Looks And Feels Like An Old-School Pipe
Jordan Crook
2,014
7
16
is the latest electronic vaporizer to grace the industry with its presence, and I sincerely mean that. From the looks of things, the Evoke (from LotoLabs) is one of the first vaporizers I’ve seen that looks to the past for design inspiration, with a wooden, hefty look to it not unlike the tobacco pipes of the olden da...
eBay Reports Mixed Q2 Results With Revenue Of $4.366B, Non-GAAP EPS Of $0.69
Alex Wilhelm
2,014
7
16
Today after the close of regular trading, eBay its second-quarter financial performance, including revenue of $4.366 billion and non-GAAP earnings per share of $0.69. Its revenue tally for the period was up 13 percent year-over-year. second-quarter GAAP earnings totaled $676 million. It’s non-GAAP earnings were muc...
Zillow Acquires Retsly, A Service That Helps Developers Access Real Estate Listings
Frederic Lardinois
2,014
7
16
Real estate site today announced that it has acquired , a Vancouver, B.C.-based startup that helps developers access real-estate data from multiple listing services (MLS). The service takes the data from these sites and normalizes it so developers can more easily use the data in their own applications. The financial...
Shipping Startup Shyp Raises $10M Led By SherpaVentures, Plans Expansion To New York City
Ryan Lawler
2,014
7
16
On-demand shipping startup only officially launched in San Francisco just a few months ago, but it’s already looking to expand to new markets. First, though, the company raised $10 million in new capital, led by and . The funding follows $2.3 million in seed funding that Shyp had raised from . And with the late...
Pond5 Raises $61 Million Series A Led By Accel Partners, Stripes Group
Jordan Crook
2,014
7
16
, rival in the digital media and video world, has today announced that the company has closed a $61 million round of funding led by and . According to , this is Pond5’s second round of funding after securing a $500k seed round back in 2008. Launched in 2006, Pond5 offers an alternative to Shutterstock with a user...
Y Combinator May Be Worth One Billion Dollars. Here’s The Math
Josh Constine
2,014
7
16
president about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Aroun...
Napster Owner Rhapsody Passes 2M Paying Users As It Extends unRadio To Europe
Ingrid Lunden
2,014
7
28
In 2012, nabbed the European assets of streaming service Napster, covering the and , to fill out its 2011 acquisition of Napster in the U.S., as part of its strategy to square up globally to Spotify and other online music rivals. Today, it’s putting that reach to use as Rhapsody is expanding its unRadio service fo...
Uber Gets Down To Business With New Travel Expense Tools And Concur Integration
Ryan Lawler
2,014
7
28
On-demand ride-hailing service has spent four years building a perfect transportation alternative to taxis and black car services in cities around the world. But until today it’s just been focused on consumer travel. Now the company is going after a huge new opportunity by changing the way business users can book and...
Dive Into Fates Forever, Startup Battlefield’s First MOBA Game
Samantha O'Keefe
2,014
7
28
When Jason Citron in the TechCrunch Disrupt SF Startup Battlefield, it was impressive but many would say they weren’t surprised. Gamers have undoubtably heard of Jason’s previous success, , one of the first and most significant social platforms for mobile games on iOS and Android. Basically the concept behind Xbox...
With Apple’s Novel Acquisition, A Chance To Reinvent The Book
Danny Crichton
2,014
7
28
, a Boise, Idaho-based startup billed as a “  for Books,” is a key move in the battle over the future of our printed-and-bound friends. When we combine this information with , we can start to gaze into the future of publishing. Well, okay, maybe not. But these sorts of analytical tools are indeed the first step in an ...
Facebook Forces Users Worldwide To Download Messenger For Mobile Chat
Josh Constine
2,014
7
28
Over the next few days, will stop allowing messaging in its main iPhone and Android apps, and force all their users around the world to . Facebook first to use Messenger back in April, but after seeing “positive results” in terms of engagement, its rolling out the plan to the everyone. Facebook tells me people on ...
Rising Share Prices Could Ignite A New Tech Acquisition Spree
Alex Wilhelm
2,014
7
28
In early 2014, a number of high-profile acquisitions were locked in at prices that many found confusing. The good times are probably coming back. Companies that compete across numerous technology strata like Google, Apple, Microsoft, and Facebook are trading near record highs — or at least, the highest . Those same co...
Fleet Unveils An App For Late Night Rides Between Silicon Valley And San Francisco
Kim-Mai Cutler
2,014
7
28
Newcomers to Silicon Valley are often shocked at how appallingly bad the transit options between San Francisco and the rest of the region can be. It’s a legacy of fragmented regional governance where nine different counties created at least 10 different semi-overlapping public rail and bus systems. BART was originally ...
TechCrunch Disrupt Hackathon: Get Your Tickets!
Jeffery Bennett
2,014
7
28
We’ve got details regarding the upcoming Disrupt Hackathon you’ll want to hear. You wouldn’t want to miss out on one of the greatest all-night hacking events on the planet, would you? The Disrupt Hackathon is the all-weekend event that kicks off TechCrunch Disrupt. Starting on Saturday, September 6th at 12:30pm, hack...
Jonathan Teo And Justin Caldbeck Raise $125 Million For Binary Capital
Ryan Lawler
2,014
7
28
Former managing director and former managing director have closed their first fund together. Back in March, we reported that the two had , and now they’ve . The two, who had previously made early investments in companies like Snapchat, Instagram, Whisper and TaskRabbit, apparently hope to use that money to wr...
Blockchain Bitcoin Wallet Is Back In The Apple App Store
John Biggs
2,014
7
28
Since pulled wallets from the App Store in January, cryptocurrency fans have been at once calling for the ban to be rescinded and bad-mouthing Cupertino. Now, seven months later, Apple has decided to allow Blockchain.info to publish their app, a very basic – but useful – bitcoin app that securely connects to your ...
Going The Distance With A Smart Shoe Made In India
Sarah Buhr
2,014
7
28
Forget Google Glass or Jawbone Up, the next wave in wearable tech might just be a smart shoe from India. The , meaning “take me along” in Hindi, has a Bluetooth enabled shoe insert that hooks up with Google Maps and buzzes to let you know which way to turn on your chosen route. Created by , the shoe hooks up with an ...
Beats Music Mobile App Gets Recommendation Tweaking, Verified Profiles And More
Darrell Etherington
2,014
7
28
has updated its with a few new features, including a way to tune the Beats recommendation engine manually for better suggestions, a new history view for The Sentence, the Songza-like Madlibs playback engine, and Verified Badges, which add a checkmark to celebrity profiles so you know they’re the real deal. The Beats ...
The Most Important Factor Of Startup Success
Ron Miller
2,014
7
28
Whenever you think of startups, you very likely think of young people brimming with ideas sitting in garages and dorm rooms and solving problems with technology. We are conditioned in a way to consider the idea even over the person who came up with it, but after listening to entrepreneurs, I’ve come to learn, it’s not ...
Vinod Khosla To Speak At Disrupt SF
Matthew Panzarino
2,014
7
28
We’re excited to announce that   will once again take the Disrupt SF stage. The last  , Khosla dropped a bomb by saying that 70-80 percent of VCs actually add ‘negative value’ to their invested companies — and only 5 percent, or less, added anything at all. Khosla is the founder of , a venture capital firm that focuse...
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John Biggs
2,014
7
16
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Favr.tt Brings On CEO To Raise Funding For Its Social Shopping App
Mike Butcher
2,014
7
28
Back in 2012, London and New York based launched as a “social marketplace” where users were rewarded for promoting products they like. The company raised $1.4 million from Notion Capital and Octopus. Another in the arena is , which has raised $4 million, or which raised $2 million. There’s something about these so...
Thinknum Raises $1M Seed Round To Give Financial Analysts Better Tools
Catherine Shu
2,014
7
28
, a financial tech startup that develops tools for analysts, announced today that it has raised $1 million in seed funding led by Pejman Mar Ventures (an investment firm that has also seeded companies like , , and ), with participation from ; ; ; 645 Angels; and HKB Capital. The funding will be used to add more s...
Senate Expected To Unveil Broad NSA Reform Bill Tomorrow
Alex Wilhelm
2,014
7
28
U.S. Senator is expected to introduce a version of the USA FREEDOM Act (UFA) tomorrow that is far stronger than what the enfeebled House of Representatives managed to pass earlier this year. According , the bill not only curtails the bulk surveillance of American’s call metadata — the first program detailed by the...
Tango Teases “Music Pix,” A Social App For Making Instant Photo Slideshows
Sarah Perez
2,014
7
28
, the mobile messaging platform that  a massive $280 million from Alibaba earlier this year, has quietly rolled out a new photo-sharing application called . The app lets you share your photos along with a song, in order to create 30-second customized slideshows. [ , see below.] In the app’s description on iTunes, Tan...
Pogoseat Raises $2.3 Million To Offer Discounted Seat Upgrades At Sporting Events
Ryan Lawler
2,014
7
28
Los Angeles-based has built a mobile app that enables fans who attend sporting events to instantly upgrade their seats or purchase a number of different in-game experiences. Now the company is looking to expand, thanks to $2.3 million in seed funding from a wide range of investors. Pogoseat began by offering a simple...
Turner Media Camp Demo Day Highlights Five New Startups
Cat Zakrzewski
2,014
7
17
It’s like summer camp, but for grownups, according to a video shown as and culminated Thursday as a batch of startups made presentations to a room of investors. The five startups spent 12 weeks in workshops and networking events with media leaders, talking about how their products could be applied to solve problems...
Fonts In Chrome For Windows Will Look Better Soon
Frederic Lardinois
2,014
7
17
Google the latest of its browser today, and if you’re a Windows user on a machine that runs at least Vista, fonts will now look better on your screen. That’s because the Chrome 37 Beta now supports Microsoft’s , a technology that improves the way fonts look on modern screens. For the longest time, Google didn’t ...
ClassWallet Is Bringing Classroom Money Management To A School Near You
Samantha O'Keefe
2,014
7
28
When it comes to keeping track of money for classroom expenses, collecting cash for field trips is just the tip of the iceberg. There are several common issues that every teacher faces when it comes to money, or lack of money, in the classroom. And most stem from how it’s managed. Today, is launching out of private b...
Amazon Isn’t Killing Writing, The Market Is
Danny Crichton
2,014
7
17
war on publishers reached a crescendo yesterday with , a subscription plan that would allow readers to pay $9.99 per month for unlimited access to the Kindle ebook library. No longer content with simply demanding steeper discounts from publishers like Hachette — — Amazon is finally reaching its end goal: the comple...
To Signal Broader Ambitions, Mobile Ad Company HasOffers Changes Its Name To Tune
Anthony Ha
2,014
7
17
has been a tricky startup to write about — partly because ad attribution isn’t inherently sexy, but mostly because of the name. Yes, there’s HasOffers the company and HasOffers the product, but at this point it’s probably best known for a different service, , which allows mobile developers to see which ads are actual...
With Echo, The Team Behind Laundry Startup Prim Fights Push Notification Overload
Anthony Ha
2,014
7
17
Back in January, startup . Now its founders are ready to talk about what they’re doing next — and no, it’s not laundry-related. The team has built an app for lockscreens that helps users manage what can sometimes feel like a barrage of push notifications. Co-founders Xuwen Cao and Yin Yin Wu said this was an issue t...
Care.com Acquires Subscription Kids’ Goods Startup Citrus Lane In Up To $48.6M Deal
Colleen Taylor
2,014
7
17
, the listed Massachusetts-based company that runs an online marketplace for finding and managing family care resources such as babysitters and elder caregivers, announced today that it has acquired , the e-commerce startup that sells monthly subscription boxes of products aimed at babies and kids. The total deal valu...
IBM Slips After Reporting Better-Than-Expected Revenue Of $24.36B, Non-GAAP EPS Of $4.32
Alex Wilhelm
2,014
7
17
managed to best market expectations in the second quarter, but its shares have traded down since it of its second quarter’s financial results, which included revenue of $24.36 billion, and non-GAAP earnings per share of $4.32. On a GAAP basis, IBM earned $4.12 per share. Analysts had IBM to report non-GAAP earnings ...
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Darrell Etherington
2,014
7
28
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Funding The Right Stuff
Ryan Sarver
2,014
7
17
  People are saying that Silicon Valley venture capitalists have lost their way. They argue that we invest far too much money in startups that are either addressing trivial markets or problems that affect a few privileged 20-somethings. “The entire Bay Area appears to have given up on solving anything but its own probl...
HP Appoints CEO Meg Whitman To Chairman Of The Board
Matt Burns
2,014
7
17
just gained a bit more power within . The company’s Board of Directors has appointed her to the chairman’s spot of earlier this week. Whitman was already serving as president and CEO of HP. She came on board following a tumultuous period of always-shifting leadership within HP and immediately set out to stabilize...
Google’s Business Chief Leaves The Company After A Decade
Greg Kumparak
2,014
7
17
Buried deep in ’s earnings release this afternoon was word of a pretty big management shift: , the company’s Chief Business Officer, is leaving after a decade with the company. He will be taking a role at as their Vice Chairman, and as CEO of their SoftBank Internet and Media subsidiary. Omid Kordestani, who has be...
Longtime Apple Board Member Bill Campbell Retiring, BlackRock Co-Founder Susan Wagner To Replace Him
Matt Burns
2,014
7
17
has had a seat in Apple’s boardroom for 17 years, yet he joined the company in 1983 as vice president of Marketing. Next to Apple co-founders and Mike Markkula, he’s the company’s longest-serving board member. Apple announced today that he will be stepping down. co-founder will be taking his spot. Wagner comes t...
Twitter Acquires CardSpring To Power In-Tweet Commerce And Offers
Josh Constine
2,014
7
17
it’s acquired  to enable “in-the-moment commerce experiences.” CardSpring is an application platform that lets developers build card-linked offers electronic coupons, loyalty cards, and virtual currencies that work with credit cards and other types of payments. Twitter will keep the service open. writes “At Twitter,...
Google’s Q2 Revenue Of $15.96B Beats, But Its Non-GAAP EPS Of $6.08 Disappoints
Alex Wilhelm
2,014
7
17
Today after the bell its second quarter financial results, including net revenue (ex-TAC) of $12.67 billion, and $6.08 in non-GAAP earnings per share. Google gross revenue for the period came in at $15.96 billion Analysts had expected that Google would report $12.32 billion in ex-TAC (net) revenue, $15.62 billion i...
Microsoft Is Closing Its Entertainment Studios, But Narrow Focus Is Likely Better For Xbox
Darrell Etherington
2,014
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let the ax begin to fall today, to come over the course of the next year, a move . A big part of that is going to be ex- staff, but Microsoft is also shuttering its nascent Xbox Entertainment Studios, according to an email memo unearthed by . The email talks about how Xbox Entertainment Studios will be closed in ...
Expect Labs Lands In-Q-Tel Investment, Will Help U.S. Intelligence Integrate Its MindMeld Technology
Kyle Russell
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TechCrunch Startup Battlefield alum has closed a strategic investment and software development agreement with , the investment arm of the U.S. Intelligence community. Last week, for building smart voice controls and content discovery into apps or websites,  They let you intuitively dig through a large data set ...
Product Hunt Founder Ryan Hoover To Speak At Disrupt SF
Romain Dillet
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didn’t exist a year ago. Over the past six months, the community-powered news website for tech product launches became a Silicon Valley darling. This is largely thanks to its founder Ryan Hoover, who will be joining us onstage at TechCrunch Disrupt SF 2014. At first, Product Hunt was just a small experiment. In Novemb...
The FCC Has Received More Than 1,000,000 Comments On Net Neutrality
Alex Wilhelm
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The Federal Communications Commission (FCC) has received more than 1 million comments from the public regarding its proposed net neutrality rules. According to the FCC’s Gigi Sohn, had been submitted by noon today on the East Coast. Around 21 hours before her note on the new figure, Sohn that the FCC had received m...
Photo App Flayvr Rebrands As MyRoll, Aiming To Become Your Default Mobile Gallery
Colleen Taylor
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Three months after taking on a new , the Tel Aviv-based startup known for the Flayvr photo album app is undergoing some big changes. Today the company is officially rebranding as , and launching updated versions of its apps for and that aim to be the go-to replacement for the default smartphone photo gallery. In ...
Facebook Tests Buy Button To Let You Purchase Stuff Without Leaving Facebook
Josh Constine
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Facebook is trying out letting you pay for ecommerce purchases from other businesses without leaving its site or app. For now it won’t be charging the few small and medium-sized businesses in the US to test on their News Feed Pages posts and ads. When I asked if Facebook would be charging businesses for the feature e...
Silicon Valley’s Real Estate Crunch Is A Golden Opportunity For Other American Cities
Kim-Mai Cutler
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Curse CEO Hubert Thieblot moved his company headquarters to “Rocket City” Huntsville, Alabama from San Francisco last year. When CEO told his employees last year that he was moving the company’s San Francisco headquarters to Huntsville, Alabama last year, they thought he was crazy. About 20 of his employees quit be...
JerkTech Startups Shut Down Or Pivot. Good Riddance.
Josh Constine
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and , the two startups last week called emblems of exploitative , have both changed their ways. ReservationHop announced Tuesday a away from its site that stole and resold dinner reservations without compensating restaurant owners. Meanwhile, MonkeyParking has complied with its cease-and-desist order from San Fran...
Amazon Asks FAA For Permission To Test Its Delivery Drones
Alex Wilhelm
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has the Federal Aviation Administration (FAA) for exemption from rules in the United States. The online shopping company recently by showing off small unmanned aircraft that it claims will be able to deliver parcels to consumers in 30 minutes. The drone delivery service, called Prime Air, could greatly speed up ...
Men’s Style Startup Dash Hudson Raises $400K Led By Former Groupon CTO Paul Gauthier
Anthony Ha
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, a startup aiming to make twentysomething men a little less clueless about style, is announcing that it raised $400,000 in seed funding. More impressive than the amount of funding was who participated — co-founder and CEO said the round was led by , Groupon’s CTO from 2010 to 2013, as well as founding CTO at search...
Cell Phone Unlocking Bill Clears Senate Committee
Cat Zakrzewski
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Consumers are a step closer to being able to easily transfer their cell phones to other wireless carriers, after a Senate committee a cell phone unlocking bill Thursday. The House passed similar legislation in February, and the bill is now expected to see a full Senate vote.   would reinstate a ruling by the Libraria...
MonkeyParking Shuts Down In San Francisco For Now
Greg Kumparak
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, that made the Internet get all shouty last week, is “temporarily disabled” in San Francisco following a cease-and-desist letter from the city. In case you missed all the hubbub, MonkeyParking allowed drivers to make money when leaving a parking spot by selling the spot to another driver. Turns out the City of San F...
D-Wave Systems Raises $28.4 Million Round
Kyle Russell
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Quantum computing technology company has raised a new  round of funding, according to a . This latest round, the largest since a , brings the company’s total funding to approximately $160 million. Investments in the round came from new and  include Fidelity Canada Fund, , , and the . This comes weeks after a r...
Our Polyglot Nightmare
Danny Crichton
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The diversity of human languages has been on the decline for decades. With the rise of globalized communications and business, the world has accelerated its shedding of unpopular languages, as speakers increasingly focus their efforts on those that afford them the most economic and social opportunities. The loss of the...
Facebook Launches “Out-App Purchase” Ads
Josh Constine
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What if in-app purchases didn’t have to happen in-app? Rather than indirectly helping developers monetize with ads that drive them installs and re-engagement, letting them sell Facebook desktop game virtual goods straight from ads in the News Feed or sidebar. But an even more lucrative opportunity could be bringing th...
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Alex Wilhelm
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After 7 Years Of Searching, Halo 3’s Last Easter Egg Has Been Found
Greg Kumparak
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Halo 3 has — but 7 years after the game’s release, you’d probably figure they’d all been found by now, right? Nope! As the series’ more hardcore fans already know quite well, there was one last easter egg that had found… until now. Content with the idea that they knew everything there was to know about the game, Ha...
Microsoft Closer To Removing European ‘Right To Be Forgotten’ Requests
Cat Zakrzewski
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says it will “soon” launch a form to process requests to remove information on its search engine Bing under the so-called . “We’re continuing to work out the details on how we plan to implement the recent ruling by the European Court of Justice and expect to launch a form soon for EU residents to submit requests,” a ...
Satya Nadella’s Vision For A New Microsoft
Alex Wilhelm
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CEO   an detailing his vision for the company’s future. The new chief executive used the missive as a way to signal an intentional break with the past. That break? Sharpening its “devices and services” strategy to focus on “productivity and platforms.” I spoke with Nadella this morning and asked what the change in...
Apple’s Living Library
Matthew Panzarino
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Oh the . If you’re a movie fan, especially one who was around for the beginning of the DVD revolution 18 years ago, those words will strike a chord. It’s the practice of a studio putting out a crappy bare-bones edition of a DVD to home video and following it up weeks or months later with a full-on loaded edition featu...
FTC Takes Legal Action Against Amazon For Unauthorized In-app Purchases
Cat Zakrzewski
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The Federal Trade Commission , alleging the company billed parents for millions of dollars of in-app purchases that their children made without their consent. The filing follows ’s refusal to comply with the FTC’s request to implement a “consent” model similar to the one Apple conceded to earlier this year,  last wee...
Elon Musk Donates $1 Million To The Oatmeal’s Nikola Tesla Museum
Greg Kumparak
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Back in May, cartoonist (or, as his momma named him, Matthew Inman) publicly reached out to and asked for help in his mission to build a museum dedicated to Nikola Tesla. Musk had named a company after ; surely he’d want to help with a museum in his honor, right? Yep! At 2 A.M. the next morning, Elon responded by ...