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Digital wealth manager Moneyfarm acquires tech behind fintech chatbot Ernest

9 years 1 month ago
 Moneyfarm, the U.K.-headquartered “digital wealth manager,” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. Read More

Founders Fund backs Home61, a real estate platform for the middle class

9 years 1 month ago
 Most real estate agents are commission-based and incentivized to focus on the big sales. That results in inefficiencies for lower-class home buyers, who may have to wait longer to view properties and receive less guidance on paperwork. A Miami-based startup called Home61 has been working on a solution for this category of buyers and renters, which it refers to as the “other 80%.” Read More

Crunch Report | Netflix Is Raising Prices

9 years 1 month ago
Netflix is raising prices, you can now syndicate your stories from Instagram to Facebook, Magic Leap tells us nothing about what it’s doing and Amazon is testing and optimizing its own delivery service. All this on Crunch Report. Read More

At the intersection of technology and private equity

9 years 1 month ago
 It’s been said that private equity has a crush on technology. But dismissing the growing relationship as a crush would not only do it a significant disservice, it would miss the undercurrents at play that are making technology such an attractive, long-term private equity target. Read More

Honest Company may be raising a down round

9 years 1 month ago
 The Honest Company, the five-year-old natural body and home care products company co-founded by the actress Jessica Alba, looks to be raising $75 million in new venture capital funding at $19.60 per share, according to a Delaware filing first spied by CBInsights and reported by Axios. The amount is a far cry from the $45.75 per share price point of the company’s $100 million Series… Read More

Meal kit startup Gobble has raised $15 million in Series B financing from Khosla

9 years 1 month ago
 Gobble, a 15-minute meal kit delivery service, has raised $15 million in Series B growth financing from Khosla Ventures, TechCrunch has confirmed. Khosla Ventures led the round, along with participation from previous investors A16z, Trinity Ventures and Initialized Capital. Gobble came out of Y Combinator in 2015, around the same time many DIY meal kit services started to falter. For a while,… Read More

Transit aggregates bike-share bike locations from multiple services in Seattle and Washington, DC

9 years 1 month ago
 With multiple bike-share services to choose from, it can be a pain to open up two or three apps just to see which has the bike closest to you. Transit, an app that shows (you guessed it) transit options nearby and recently raised $5M, now tracks multiple services on its maps of Seattle and Washington, D.C., showing you the best bike to go to regardless of who operates it. Read More

Facebook quietly launches Mac and PC Workplace Chat apps with screen share

9 years 1 month ago
 TechCrunch has discovered that Facebook has stealthily launched official desktop PC and Mac chat apps with screen sharing — two features users have been begging for. Right now, they’re only available for Workplace, Facebook’s enterprise collaboration software that competes with Slack and other business apps. But users would surely enjoy if the consumer Messenger app got its… Read More

New research shows that apps can help combat screen addictions

9 years 1 month ago
 Any human advancement has been fraught with the opportunity for misuse and abuse, and the internet is no different. And just as mobile technology and the apps that have been built for the new communication platform have created these problems with its omnipresence, a few tech companies are also looking to leverage that same omnipresence and messaging functionality to solve them. Read More

Google Compute Engine goes a little crazy with up to 96 CPU cores and 624 GB of memory

9 years 1 month ago
 If you’ve got a resource-hungry app, Google Compute Engine’s latest offering has you covered. It lets you dial up to 96 CPUs and an other-worldly 624 GB of memory. Remember Bill Gates allegedly asking who would ever need more than 640K of memory. He obviously didn’t see this coming. If you think that’s a lot, you aren’t kidding, and believe it or not it’s a… Read More

A list of everything Magic Leap has released so far

9 years 1 month ago
 Things released by Magic Leap, a company which has raised $1.4B from investors, to date: A patent for some chill looking glasses Rumors of a new $500M funding round A description of the eye-tracking interface by Warriors great Andre Iguoudala Its head of PR A discrimination lawsuit A promise of review units Rambling blog posts Website easter eggs A spy pic of a prop from The Rocketeer This… Read More

Online lender Earnest sells to Navient, in a disappointing deal for investors

9 years 1 month ago
 Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to report the news. The exit isn’t so great for Earnest’s investors. They’d plugged roughly $320 million in cash and debt into the company, which was initially centered around… Read More

Download the new, completely redesigned TechCrunch mobile app

9 years 1 month ago
 The TechCrunch mobile app was in dire need of a refresh, so we rebuilt it from the ground up. Starting today, you can download the new app in the iOS App Store or Google Play store. If you already have the old version of the app installed on your phone, all you need to do is update it to get the new version. Read More

‘Blade Runner 2049’ doesn’t quite match the original, but that’s okay

9 years 1 month ago
 If there’s a classic science fiction movie that absolutely doesn’t need a sequel, it’s Blade Runner. After all, how could a second film improve on the original’s depiction of futuristic Los Angeles? Even if the real L.A. seems unlikely to acquire quite as many flying cars and giant neon billboards by 2019, Blade Runner‘s city still sets the standard for seedy… Read More
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