Tech Crunch

Russia targeted election systems in 21 states, successfully hacking some

 On Friday, the Department of Homeland Security notified nearly half of the U.S. states that their election systems were targeted by Russia-affiliated hackers in an attempt to influence the 2016 election. In most of the states targeted, the hackers were engaged in preliminary activities like scanning. In other states hackers attempted to infiltrate systems and failed, but in a small selection… Read More

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Startup Battlefield applications for Disrupt Berlin close this Monday

 Ach du lieber, menschen! The application deadline for your chance to compete in the Startup Battlefield at TechCrunch Disrupt Berlin is this Monday, September 25 at 5 p.m. PT. It’s time to cancel your weekend plans, stop procrastinating, hunker down and get it done. Read More

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DogBuddy, the European dog sitting marketplace, scores €5M Series A

 DogBuddy, a pan-European online marketplace for dog sitting, has closed €5 million in Series A funding, money it plans for further expansion. Backing the London-headquartered startup in this round is existing investor Sweet Capital, the investment fund started by the founders of King.com, and a number of new unnamed private investors. It brings total raised by DogBuddy to €10 million. Read More

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Pointy, a startup that lets local retailers easily put stock online with a simple gadget, raises​ ​$6M

 Pointy​,​ ​an Irish start​ ​startup​ ​that​ lets ​local​ ​retailers put their stock online so that they can be discovered via search engines, has raised $6 million in Series A funding. The round is being led by Frontline Ventures, alongside Paul Allen’s Vulcan Capital, Draper Associates and a number of notable angel investors. Read More

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Calling all international startups: sign up for a country pavilion at Disrupt Berlin

 Before you know it, thousands of startup fans will travel to Disrupt Berlin. The event attracts the best and brightest entrepreneurs, investors and influencers. We’re looking for international early-stage startups to apply for a country pavilion in Startup Alley — the heartbeat of every Disrupt event. Read More

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Only one week left to apply for Startup Battlefield at Disrupt Berlin

 Seven days, 168 hours or 10,080 minutes; you can crunch the numbers any way you like, but you still have only one week left to apply for the Startup Battlefield at Disrupt Berlin 2017. We get it; you’re busy building something great. But you seriously don’t want to miss out on Startup Battlefield — it’s one of the best ways to introduce that greatness to the rest of… Read More

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‪Instagram now autoplays video sound once turned on until you close the app

Autoplay audio can be annoying or convenient depending on the situation. Luckily Instagram has found a happy medium between defaulting autoplay video sound on or off. This weekend TechCrunch spotted that some Instagram videos in the feed were autoplaying with audio. Now Instagram has confirmed to us “this new update rolled out recently” and here’s how it works for all… Read More

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Crunch Report | Patreon is raising a Series C at $450M

Patreon is raising at a $450 millon valuation, Chrome mutes autoplaying videos and Hulu is spending $2.5 billion for original content. All this on Crunch Report. Read More

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Samsung launches $300M autonomous driving fund, puts $90M into TTTech

 Not to be outpaced in the connected car market by other tech giants, today the world’s largest smartphone maker, Samsung, announced two major pieces of news to further its place in the next generation of automotive technology. It has launched the Samsung Automotive Innovation Fund, a $300 million fund to back startups and other interesting bets in the automotive market. Alongside this… Read More

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Gear up for Disrupt Berlin’s Startup Battlefield and apply today

 One dozen days. That’s how much time you have left to apply for the Startup Battlefield at Disrupt Berlin 2017. If you want to introduce your early-stage company to the world, there’s no better place to do so than from the Startup Battlefield main stage. It’s the premier launching pad for startups, as Battlefield alumni — like Mint, Dropbox, Yammer and Tripit —… Read More

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Zilingo raises $18M for its fashion e-commerce service in Southeast Asia

 Southeast Asia-based fashion marketplace Zilingo has closed an $18 million Series B funding round led by Sequoia Capital India and Burda Principal Investments. Zilingo was founded less than two years ago by ex Sequoia analyst Ankiti Bose (CEO) and former Yahoo engineer Dhruv Kapoor (CTO). The basic vision is to help Southeast Asia’s thriving independent fashion sellers and… Read More

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With new Managing Director, Ghana’s MEST scales as Pan-African incubator

 The MEST incubator has appointed Aaron Fu as its new Managing Director. This comes as the Accra based innovation hub scales up its presence across Africa. Founded in 2008, MEST operates as a training program and seed fund for African innovators to build successful commercial tech companies. Fu takes the helm after two years as Managing Partner at early stage VC firm Nest. He also co-founded… Read More

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Tesla flips a switch to increase the range of some cars in Florida to help people evacuate

 Tesla has pushed an over-the-air update to some of its vehicles in Florida that lets those cars go just a liiiittle bit farther, thus helping their owners get that much farther away from the devastation of Hurricane Irma. Wondering how that’s even possible? Up until a few months ago, Tesla sold a 60kWh version of its Model S and Model X vehicles — but the battery in those cars… Read More

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PSA: no matter what, Equifax may tell you you’ve been impacted by the hack

 Those hoping to find out if their Social Security number and other identifying info was stolen, along with a potential 143 million other American’s data won’t find answers from Equifax.
In what is an unconscionable move by the credit report company, the checker site, hosted by Equifax product TrustID, seems to be telling people at random they may have been affected by the data… Read More

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Africa Roundup: eBay expands, Google CEO visits Lagos, Ghana enters space

 eBay opened up its U.S. platform to Africa through its partnership with MallforAfrica.com. Americans can now buy products on eBay from select vendors in six African countries, starting with merchandise categories of fashion, art, jewelry, and clothing.
For the new program, MallforAfrica selects the sellers and handles payments on its proprietary platform. DHL is the shipping partner. Online… Read More

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ICO funding hit a record $800 million in Q2 2017

 If a ban initiated by China’s central bank this week marks an end to the first era of ICOs — the early gold rush before the regulators arrive — then Q2 2017 may turn out to be a peak quarter in the history of the industry. The total amount raised by startups via ICOs, which are known as token sales and involve the sale of newly minted crypto coins based on… Read More

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Chatbot startup founder sees Southeast Asia potential despite slow start worldwide

 Chatbots may have underwhelmed thus far, but the impact of the technology still has bags of potential in international markets where mobile messaging has been mainstream for years. That’s the view of one startup that’s working to bring the benefit of bots to the mainstream in Indonesia, the world’s fourth most populous country and the largest economy in the growing region… Read More

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Crunch Report | China’s Central Bank Puts a Ban on ICOs

China’s central bank puts a ban on ICOs, the next generation of the Lily drone is here, WhatsApp for Business is launching and Alphabet creates a new holding company to complete 2015 corporate reorganization. All this on Crunch Report! Read More

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Index Ventures is coming in force to TechCrunch Disrupt Berlin this December

 We are delighted to announce our next wave of speakers for Disrupt Berlin. And what a wave. Index Ventures is one the world’s leading international venture capital firms. And we are incredibly excited to have 3 of its partners on stage at Disrupt Berlin!
But before we outline the details, please just be aware that our final batch of Disrupt Berlin 2017 tickets at the deeply… Read More

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China has banned ICOs

 It is looking like a new era is coming for ICOs, at least those in China for now. In the U.S., the SEC has issued official warnings around the risks of ICOs, also known as token sales, but the Chinese government looks set to beat it to implementing regulation around the rapidly growing fundraising option. A notice from a committee led by China’s central bank [link in Chinese] today… Read More

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Final 2-for-1 Disrupt Berlin ticket release happening Wednesday 9/6

 Alright, European TechCrunch fans, time to listen up — we’ll soon be releasing our final batch of Disrupt Berlin 2017 tickets at the deeply discounted rate of two for the price of one. Yes, you read that right. If you act now, you can score not one but two whole Disrupt tickets for the price of one. That’s half off tickets to an event best described as the hottest startup… Read More

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Amazon, Facebook, Google and other tech giants urge Trump to continue DACA program

 America’s tech industry has urged President Donald Trump and other political leaders to continue a program that allows undocumented young immigrants to remain in the country. Deferred Action for Childhood Arrivals (DACA) is an initiative that was established by former President Obama. Also known as the Dreamers Program, it gives young immigrants the opportunity to stay in the U.S., to… Read More

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Uber’s Asian rival Grab loses its head of engineering

 Grab may be in the process of raising a huge $2.5 billion investment round, with SoftBank, Didi and Toyota confirmed as participants, but Uber’s Southeast Asia-based rival has lost its head of engineering.
Arul Kumaravel, VP of engineering at Grab, has left the company for person reasons, according to a source. It’s not yet clear what his next plan is. Grab confirmed the… Read More

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Thailand’s Kasikorn Bank backs cloud accounting startup in first deal for $30M fund

 Thailand’s banks have stepped up to chase the startup dream over the past year. Following on from SCB’s Digital Ventures, which has backed blockchain startup Ripple among others, Kasikorn Bank (KBank) has made the first investment from its $30 million fund — a $1.15 million round for Bangkok-based FlowAccount. KBank announced its Beacon fund this summer. It has made… Read More

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SpaceX’s Hyperloop Pod speed competition winner tops 200 MPH

 SpaceX held its second Hyperloop Pod design competition for student feeds at the test track built near its test track today. The mile long track saw three finalist teams battle it out for speed supremacy, including WARR Hyperloop from Germany, Switzerland’s Swissloop and Paradigm, a North American team with members from Northeastern and Memorial University in Newfoundland, Canada. The… Read More

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Petcube Bites is a capable canine companion for when you’re not home

 Keep your dogs close but your kitties closer, is I think the expression. Maybe. Whatever it is, pets are important to people. And keeping a close watch on them even when you’re not located in the same place has become increasingly possible thanks to the broad proliferation of tech like Wi-Fi connected cameras. Petcube Bites is one of those cameras, but it’s also a treat… Read More

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KarmSolar introduces solar energy to sunny old Egypt

 With over a population over 90 million strong, a prime location, topography and climate, one would assume a country like Egypt would be perfect for solar energy. The nation’s average level of solar radiation is between 2,000 to 3,200kWh per square meter a year, but this country on the verge of the African Sahara still imports enough gas to operate electricity generating plants all over… Read More

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Samsung heir handed 5-year jail sentence for bribery

 Samsung vice chairman and the company’s heir apparent Jay Y. Lee is headed to jail after a court in Korean ruled that he is guilty of bribery, embezzlement, capital flight and perjury charges. Lee, who has been earmarked as the future leader of the company, was handed a five-year jail sentence, although he is expected to appeal the decision. He took a board seat at Samsung last year in… Read More

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Amazon says Whole Foods deal will close Monday

 It’s official…Amazon says its purchase of Whole Foods will close on Monday. According to the release, “the two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone. As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of… Read More

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SparkLabs launches $50M fund for promising early-stage startups in Korea

 SparkLabs Group started in 2012 with a Seoul-based accelerator dedicated to boosting South Korea’s then-nascent startup ecosystem. Now it’s going back to its roots with the launch of a $50 million fund for early-stage Korean startups that want to expand globally. Read More

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Here is Uber’s first pitch deck

 On the ninth anniversary of the founding of Uber, its co-founder Garrett Camp shared the company’s initial pitch deck via a personal Medium post. The deck, and the short post, comes off quite sentimental because of how much has happened to the company since it was created.
But company growth and drama aside, there’s a lot to be learned from Uber’s 25 slide deck. Enjoy the… Read More

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Acasa is building a platform for ‘Generation Rent’ to manage their homes

 London-based startup Acasa has come a long way since late 2015. The company, then called Splittable, offered a way to manage and share household expenses with multiple house members. However, the bigger vision was to build a platform for ‘Generation Rent’ that makes moving from one houseshare to another as easy as logging in and out of the Acasa app. Read More

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HTC drops price of Vive by $200 as it looks to compete with Facebook’s aggressive VR pricing

 Just as reality appears to be getting worse by the day, VR companies are doing the lord’s work and making the price of escaping it a bit more accessible. HTC is dropping the price of its Vive virtual reality system from $799 to $599 as the Taiwanese tech giant seeks to compete with aggressive price cuts coming from Facebook-owned Oculus and their Rift headset. At the beginning of the… Read More

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Former GE CEO Jeff Immelt close to becoming Uber’s CEO

 The long and dramatic process for naming a new Uber CEO may be coming closer to an end.
First reported by Kara Swisher, our sources are also telling us that former General Electric CEO Jeff Immelt is still being seriously considered and the board vote is expected to happen soon. The talks were first reported several weeks ago.
Co-founder and CEO Travis Kalanick was asked to resign in June… Read More

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Crunch Report | Benchmark vs Kalanick Goes Sour

Reddit is rolling out its own video platform, VR adtech company Immersv raises $10.5 million and Benchmark versus Kalanick goes sour. All this on Crunch Report Read More

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Watch the Australia Post Regional Pitch Finals right here, right now

 It was only a year ago that Di Somrville held the first Regional Pitchfest in the can’t-be-really-named-but-is-really-named town of Wagga Wagga. At the time, the event founder and entrepreneurially minded Somerville had no idea that the eyes of Australia Post were on her, and eager to help grow the pitch competition into a national event. Now, only a year later, all of you night owls… Read More

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Alibaba, Tencent, Didi and other tech firms pour $12B into mobile operator China Unicom

 China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi Chuxing and JD.com agreed to invest nearly $12 billion into state-run mobile operator China Unicom.
China Unicom is the country’s second largest operator with 269 million mobile customers, which makes it one of the largest in the world. The… Read More

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Uber suspends its service in the Philippines following ban over unregistered drivers

 Uber has suspended its services in Philippines after the national regulator banned it from operating for one month. The country’s Land Transportation Franchising and Regulatory Board (LTFRB) ordered a cease and desist against the U.S. ride-hailing firm on Monday over its apparent flouting of a ban on new drivers. The company initially lodged an appeal and continued with its service,… Read More

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Rovio, the maker of Angry Birds, is reportedly planning an IPO

 Rovio, the Finnish company behind Angry Birds, is planning to go public “as early as next month,” Bloomberg reports.
Citing sources, Bloomberg reports the IPO could value Rovio at $2 billion and that the company could raise about $400 million from a local market listing. Though, it seems that a final decision has yet to be made, meaning Rovio may decide to stay private for… Read More

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Bitcoin just passed $4,000

 What a day for Bitcoin. 24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,000 and has no signs of stopping. It’s now trading around $4,135.00. For reference, a week ago Bitcoin hit an all-time high as it passed $3,000 for the first time. Check out the chart below to see what the price has done in the last 24 hours. So the million… Read More

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Uber investor Shervin Pishevar petitions Benchmark to step down from board and sell some of its stock

 Shortly after a group of Uber shareholders asked Benchmark to relinquish its spot on Uber’s board of directors, Sherpa Capital’s Shervin Pishevar is petitioning Benchmark via Change.org to remove itself from Uber’s board. The petition also asks Benchmark to sell at least 75 percent of its stock so that the firm no longer has rights to appoint members to Uber’s board… Read More

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The biggest Call of Duty tournament shines light on growth of esports

 Esports is becoming a true spectator sport, but will the average Joe one day care about competitive League of Legends or Overwatch or Counterstrike the way they care about watching football on Sundays? A number of factors are at play for esports to garner the same level of popularity as mainstream sports like football, baseball, basketball, and futbol everywhere but the U.S, some of which… Read More

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China’s top social networks face investigation for hosting porn and illicit content

 China continues to crack down on online media after the government announced that it is investigating three of the country’s most influential social networks for hosting illicit content. The Office for Cyberspace Administration is looking into content on chat app WeChat, micro-blogging platform Weibo and web forum Baidu Tieba, each of which stands accused of failing to stamp out… Read More

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