posted 4 days ago on techcrunch
 That’s the gist of a recent interview that venture capitalist Bill Gurley gave. His words matter because they cut to the simple fact that too many companies are burning too much money. Making money is better than losing money, but losing money — burn — can be the prudent and responsible thing to do. Under certain circumstances, it’s great to burn: If you are quickly… Read More

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posted 4 days ago on techcrunch
 Facebook will not be changing its real-name policy for the drag queen community. San Francisco drag queens met with representatives from the company yesterday afternoon to talk through a recent mass deletion of their personal profile pages. Facebook started deleting accounts of hundreds of members of the drag community last week after deciding these profiles were in violation of the policy. Read More

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posted 4 days ago on techcrunch
 In the first installment of One Lap, Matt Galligan joined me at Thunderhill Raceway to talk about his mobile news application, Circa. I first met Matt in Boulder, Colo., in early 2010 shortly after he started SimpleGeo, an infrastructure provider for location-aware applications. A few years later, he sold SimpleGeo and founded Circa. Along the way, he’s learned a lot of lessons about… Read More

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posted 4 days ago on techcrunch
 In 2001, Arthur Levine, then president of Columbia University Teacher’s College, predicted that one day faculty members would become free agents, increasingly independent of their colleges and universities. “It is only a matter of time before we see the equivalent of an academic William Morris Agency,” Levine, now president of the Woodrow Wilson Foundation, wrote in The… Read More

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posted 4 days ago on techcrunch
 Those who have to keep track of how they spend their time working during the day can’t do much better on iOS than Hours, Apple Design Award winner Tapity’s latest app. We recommended the app when it launched back in July, and now the Tapity team has released an update for iOS 8 that helps you keep on top of your tasks with even less hassle. Read More

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posted 4 days ago on techcrunch
 Enterprise software company SAP just announced that has agreed to acquire Concur Technologies, maker of expense and travel management tools that are used by 23,000 businesses (including TechCrunch and its parent company AOL). The deal is for $129 per share, which is 20 percent higher than Concur’s Sept. 17 closing price. That price gives Concur an enterprise value of $8.3 billion. SAP… Read More

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posted 4 days ago on techcrunch
 Snapchat could be the new way to experience sporting events from afar. At the very least, sports and athletics brands are jumping up and down trying to reach the young, active demographic Snapchat has captured. That’s why the ephemeral app’s latest hire has so much potential. Snapchat just poached Eric Toda, Nike’s global director of digital to help run its business and… Read More

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posted 4 days ago on techcrunch
 It was the best of times, it was the worst of times, it was the age of Minecraft, it was the age of Square, it was the epoch of burn, it was the epoch of crash, it was the season of growth and it was the season of collapse. Or so Dickens might have written if he had lived in San Francisco. The Bubble is back in the news again following comments made by Bill Gurley, the well-known Benchmark… Read More

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posted 4 days ago on techcrunch
 Advertising company Sharethrough announced today that it’s moving into Europe with the acquisition of a London-based company called VAN. The financial terms of the deal are not being disclosed. Sharethrough’s head of communications Thomas Channick told me via email that the VAN team will form “the core” of European operations, although the company plans to double the… Read More

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posted 4 days ago on techcrunch
Almost immediately after word broke that Home Depot had been hacked, security experts were noting that the breach was likely even worse than the massive Target hack that had preceded it. Sure enough: Home Depot has just confirmed the scale of the breach. All in all, as many as 56 million payment cards were potentially exposed. For comparison (though comparison seems a bit ludicrous when… Read More

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posted 4 days ago on techcrunch
 Today after the bell, Oracle announced that its long-time premier Larry Ellison is no longer its CEO. Former HP CEO Mark Hurd will take over the job in partnership with Safra Catz. Catz will manage finance and manufacturing, while Hurd will handle sales. Ellison will take on the titles of Executive Chairman of the Board and CTO. Hurd left HP under negative circumstances, including allegations… Read More

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posted 4 days ago on techcrunch
 If you’ve ever thought that Twitter’s interface for displaying profiles on phones was a bit wonky: don’t worry, you’re not alone. Even Twitter agrees. Twitter has just rolled out a new profile interface for iOS users that they’ve been quietly testing for the past few months. The biggest change? They no longer inexplicably hide everyone’s bio line behind a swipe. Read More

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posted 4 days ago on techcrunch
 MuckerLab was founded three years ago as one of the first incubators to launch in Los Angeles. With a shared workspace for a relatively small cohort of startups that participate, the accelerator takes a hands-on approach to helping companies that go through its program find product-market fit. Read More

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posted 4 days ago on techcrunch
 The iOS 8 installation spike is high, but lower than that for iOS 7 last year, according to numbers from a variety of mobile OS usage monitoring platforms. Chitika, Tapjoy, Mixpanel and Appsee all show adoption numbers that, while high, fall short of the rocketing pick-up rate we saw when Apple launched its major visual overhaul of iOS just ahead of the iPhone 5s launch in 2013. Mixpanel… Read More

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posted 4 days ago on techcrunch
 PayPal Here, the company’s dongle-based mobile payments solution, is now available for Android tablets, the company announced this afternoon – a move that will address a large and growing swath of the tablet market. According to Gartner, PayPal notes, 62 percent of tablets sold last year run Android. The PayPal Here application allows users to accept credit card and debit… Read More

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posted 4 days ago on techcrunch
 It was bound to happen sooner or later: a smartphone would convince me that I no longer needed to carry around a powerful compact camera, despite a general interest in taking photos that straddles both my professional and personal lives. The iPhone 6, and the even more photo-friendly iPhone 6 Plus is that tipping point. While on paper the iPhone 6 and 6 Plus cameras don’t appear to… Read More

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posted 4 days ago on techcrunch
While Tesla is getting everyone excited about the idea of sexy electric cars in every driveway, Toyota has been working on a different technological roadmap: the carmaker that made the hybrid category with the Prius thinks that the next generation of cars will be fueled by hydrogen, and it’s going to beat everyone to market with a model coming next year. Read More

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posted 4 days ago on techcrunch
 Airbnb CFO Andrew Swain has left the company — or so his email auto-responder states, sources told TechCrunch. We quickly tested the claim for ourselves and, sure enough, it’s true. “Email Not Received,” the subject line of Swain’s auto-responder reads. “Andrew Swain has recently left the company. If your email is work related please contact Beth… Read More

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posted 4 days ago on techcrunch
 As expected, Microsoft hit go on a number of layoffs today, letting 2,100 people go, including 747 people in the Seattle-Redmond area, where the company is headquartered. The firings come as a second wave of the layoffs that were previously announced. Out of 18,000 expected cuts, 13,000 were pulled off nearly immediately. Today’s 2,100 brings the total number to just over 15,000,… Read More

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posted 4 days ago on techcrunch
 Editor’s Note: Yesterday, we ran a story about a new startup called ManServants, which facilitates the rental of “hot men” for $125. As most of the commenters note, the service is incredibly sexist and has no place in a society striving for gender equality. To examine my thoughts towards the service I took the original post and swapped every instance of a gendered noun. Read More

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posted 4 days ago on techcrunch
 Researchers at SUNY Buffalo have found that habitual Facebook users — those who are on the site more frequently than their peers — were more susceptible to phishing scams. How did they figure this out? By asking them about their habits and then surreptitiously creating a fake friend who then asked them for private information, including their student ID number and date of birth. Read More

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posted 4 days ago on techcrunch
 Facebook wants to steal discussion of real-time events from Twitter and stop being perceived as a slow social network. So today it announced News Feed changes that will surface posts that mention Trending Topics sooner and higher in the feed. It will also look at when people like and comment on posts from friends and Pages so it can stop showing posts about real-time events hours later when… Read More

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posted 4 days ago on techcrunch
 Information is more available and accessible than ever before, and we are witnessing the power of the crowd to respond to news events with greater impact. As technology continues to play a larger role in our everyday lives, we must ask ourselves what ultimately is the responsibility of technology when it comes to the dissemination of information? Read More

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posted 4 days ago on techcrunch
 On-demand delivery startup Postmates is growing fast, expanding from serving five markets around the beginning of the year to being in 16 by next week. To help out with a rapidly expanding operations team, the company has hired former Yodlee and Google exec Peter Hazlehurst as its new COO. Read More

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posted 4 days ago on techcrunch
 If you’re lucky enough to live in a place where your drone can fly free among the trees and bushes and, more important, you’ve lost your drone in those selfsame trees and bushes, Screamy is for you. It’s a tiny box that connects to your drone via the control module and allows you to signal when the drone is down, a sort of MedicAlert bracelet for your quadcopter. It’s up… Read More

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