posted about 17 hours ago on techcrunch
 Imagine if you could go to the profile of a friend of Foursquare and instead of scrolling through the long list of coffee shops they’d checked into in Berlin, you could simply click a button and add all their recommendations to your personal map in one go. That’s essentially the offering of Cool Cousin, an app and web site which is mining one of the last bastions of social media… Read More

Read More...
posted about 17 hours ago on techcrunch
 The long running saga over the future of Indian e-commerce firm Snapdeal may be close to a conclusion at last. The company has been repeatedly link with an acquisition by rival Flipkart, and now a deal worth a touch under $1 billion has been agreed to in principle. That’s according to a report from Reuters which claims the Snapdeal board has signed off on a takeover from Flipkart that… Read More

Read More...
posted about 18 hours ago on techcrunch
 Despite being slammed by scandals, Samsung just recorded a record quarter of business with a net profit of $9.9 billion for Q2 2017. The Korea firm has been rocked by the recall of the Galaxy Note 7 and the prosecution of de facto leader Jay Y. Lee on bribery charges, but that didn’t stop it from pulling in revenue of $54.8 billion during the three-month period. That revenue figure rose… Read More

Read More...
posted about 19 hours ago on techcrunch
 Brolly, a U.K. ‘insurtech’ startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with Pi Labs co-leading. Entrepreneur First (EF) also participated via the company builder’s £40 million “Next Stage Fund”. Read More

Read More...
posted about 20 hours ago on techcrunch
 LG’s mobile business is in a sticky patch after the company admitted its flagship LG G6 smartphone hasn’t sold as well as expected. LG Electronics itself posted a business-wide operating income of KRW 664.1 billion (USD 588.2 million) on overall revenue KRW 14.55 trillion (USD 12.89 billion). While LG’s operating income rose by 14 percent year-on-year to outpace a four… Read More

Read More...
posted about 21 hours ago on techcrunch
 WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million from existing backers SoftBank and Hony Capital. It isn’t clear whether this fresh influx of capital is tied to a recent $760 million financing round that closed earlier this month, at a reported valuation of $20 billion.… Read More

Read More...
posted about 22 hours ago on techcrunch
 Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round last month, but… Read More

Read More...
posted about 24 hours ago on techcrunch
 When it comes to initial coin offerings, or ICOs, there’s plainly a lot that investors still don’t understand. Though start-ups and founders have raised more than $1 billion so far 2017 by selling custom-made virtual currencies to anyone willing to buy them, it’s been unclear whether and which tokens might eventually be categorized as securities; how ICOs impact… Read More

Read More...
posted about 24 hours ago on techcrunch
Smallest spacecraft ever launched makes it into low-earth orbit, the SEC starts regulating ICOs and a new dating app only for verified Twitter users. All this on Crunch Report. Read More

Read More...
posted 1 day ago on techcrunch
 It’s official — Amazon has launched its Prime New delivery service in Singapore, its first market in Southeast Asia. The Amazon apps went live in Singapore early last night local time, and Prime Now — an aggressive two-hour delivery service — is available to Singapore’s population of over five million people from today. The launch includes “tens of thousands… Read More

Read More...
posted 1 day ago on techcrunch
 Today at ChinaJoy, HTC announced that it is working on a standalone headset for Chinese markets built on its own Viveport content platform. The headset appears to be cosmetically identical to the one which HTC is bringing to the U.S. with Google. The differences between the headsets seem to lie largely on the differences in tracking technologies and VR platforms themselves. While the U.S.… Read More

Read More...
posted 1 day ago on techcrunch
 Hotel Tonight just launched a new feature that lets users upgrade to suites on the cheap. If available, the option will pop up during checkout, and will always cost less than 50% of the standard upgrade rate. And at first glance prices in the app seem pretty affordable — some hotels are offering upgrades for less than $50, with only a few hotels pricing upgrades in the hundreds. Read More

Read More...
posted 1 day ago on techcrunch
 When SoftBank announced the first close of its $93 billion Vision Fund back in May, it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. For starters, it seemed like a good idea to keep a running list of all Vision Fund investments for reference. We will update this list on a regular basis. Read More

Read More...
posted 1 day ago on techcrunch
 Kaspersky Lab has launched a free version of its antivirus software in the U.S. with plans for a global rollout over the next four months. Called Kaspersky Free, the software provides the core essentials including email and desktop antivirus protection, the ability to quarantine infected files as well as automated updates. The free version lacks some of the premium features users can purchase… Read More

Read More...
posted 1 day ago on techcrunch
 E-sports is maturing at a rapid pace. What once was only found on a Twitch stream here and there is now becoming the new favored spectator sport for an entire generation of gamers. Blizzard recently announced the first city-based e-sports league for the ultra-popular game Overwatch. As a follow-up, Blizzard has outlined some of the standards for signing and employing professional players. Read More

Read More...
posted 1 day ago on techcrunch
 Medium has a new head of product, while the startup behind the defunct texting app Talkshow appears to be done for good. Talkshow Industries was led by Michael Sippey, who’d spent two years as vice president of product at Twitter. The company’s first product was the Talkshow app, which allowed you to follow other users’ text message conversations. The app was shut down at the… Read More

Read More...
posted 1 day ago on techcrunch
 Facebook is winning the race to bring Snapchat’s Stories format to the rest of the world before its originator. WhatsApp Status, its version of Snapchat Stories, now has 250 million daily active users. That’s despite it being relegated to a secondary dedicated tab in the app, opposed to being front and center on the home screen like Instagram Stories which also now has over 250… Read More

Read More...
posted 1 day ago on techcrunch
 Accessible home monitoring should be more than just being able to buy a security camera. It means having a packaged software experience, where you should be able to link cameras over a secure cloud connection while mounting them on walls, glass or the outdoors. Because we live in the age of connected devices, being able to interface with Alexa and HomeKit software should not only be a bonus but… Read More

Read More...
posted 1 day ago on techcrunch
 Microsoft has been running a bounty program for a few years now, launching it just ahead of the release of Windows 8.1 back in mid-2013. At the time, the company was awarding up to $50,000 for exploits, in an attempt to help address any potential security issues before they could become a larger public concern. Read More

Read More...
posted 1 day ago on techcrunch
 A few days ago — seemingly out of nowhere — a product page for Nintendo’s upcoming SNES Classic went live on Walmart.com complete with a pre-order button. The Twitterverse lit up with people trying to share the news before the resellers caught on. As did my phone. Didn’t get your pre-order in? That’s okay. It looks like no one is getting them. Walmart just… Read More

Read More...
posted 1 day ago on techcrunch
 Meg Whitman is stepping down from HP Inc.’s board, where she was chairman, the company announced Wednesday. Chip Bergh, CEO of Levi Strauss, will be taking her place. Whitman remains at the helm of HP Enterprise. The two companies split in late 2015. HP is the maker of computers and printers, whereas HPE is the enterprise business. Whitman became CEO of HP in 2011, when it was one… Read More

Read More...
posted 1 day ago on techcrunch
 Tesla is holding a video contest at the suggestion of a 10-year old fan named Bria Loveday, who asked the automaker to hold a competition among fans to see which ones could create the best videos celebrating their Tesla love. The submissions are all in, and Tesla is set to reveal its top 3 picks at Friday’s special Model 3 event at its headquarters in California. The top 10 video… Read More

Read More...
posted 1 day ago on techcrunch
 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue is slowing down in line with Facebook’s warning to investors that it was running out of space to show ads… Read More

Read More...
posted 1 day ago on techcrunch
 Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3% from last year. Adjusting earnings per share (excluding one-time expenses) also beat Wall Street’s predictions, at 46 cents, instead of 43… Read More

Read More...
posted 1 day ago on techcrunch
 Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a “family” — then gave a speech which felt a little like an… Read More

Read More...