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When every company is a tech company, valuations go insane

10 years ago
 Users, subscribers, growth, global expansion, minimal marginal costs, the promise of future success; this all sounds a bit like the verbiage of a tech company — and that’s because the industry has fallen in love with the idea that every trendy fast-growing company is a tech company. Read More
Tom Goodwin

China’s LeEco raises $1.08B to build its electric sports car

10 years ago
 The Chinese market for electric vehicles is hot, and the latest indicator is a $1.08 billion raise from China’s LeEco, a Beijing-based web video company (which now dabbles in everything from televisions to transportation) that’s targeting Tesla with its own electric sports car plans. Funding for its first car is coming from Legend Holdings Corp., Yingda Capital Management Co.… Read More
Darrell Etherington

Sainsbury’s exits digital entertainment, hands over e-book business to Kobo

10 years ago
 Once again, a big retailer in the UK is pulling away from its ambitions to move into digital media. Supermarket giant Sainsbury’s preparing to exit the digital entertainment business. As part of that it will be outsourcing its e-book operations to Kobo, the online bookseller and maker of e-readers, owned by Japan’s Rakuten. The digital entertainment business, which is marketed… Read More
Ingrid Lunden

ABC News teams up with Facebook to live stream the 2016 general election debates

10 years ago
 No TV? No problem – you can still catch the debates. This morning, ABC News and Facebook announced they are again teaming up to bring live coverage of the U.S. 2016 Presidential election to the social network, with live video of the general election debates. In addition, the network’s Facebook Page will feature live streams throughout the day from the host cities, as well as… Read More
Sarah Perez

Spiri’s prototype 200-mile EV is made for on-demand carpooling

10 years ago
 Danish startup Spiri revealed their on-demand carpooling service in late August, and is now ready to show off its first prototype vehicle. The company decided to build its own all-electric car from the ground up, using an engineering team with talent from Aston Martin, Tesla and more, in order to arrive at a final product that best suits the needs of frequent, multi-passenger urban… Read More
Darrell Etherington

This MIT device can tell if you’re happy, sad or angry using wireless signals

10 years ago
 Photographic cues have helped systems like Microsoft’s Emotion API detect human feelings with decent accuracy, but a new research project from MIT’s Computers Science and Artificial Intelligence lab can interpret emotions with a greater degree of accuracy, using only wireless radio signals. Researchers at CSAIL have created a device they call the EQ-Radio, which can pick up… Read More
Darrell Etherington

Pokémon will come to Nintendo’s category-busting NX console

10 years ago
 Surprising no one, The Pokémon Company’s CEO Tsunekazu Ishihara told the WSJ in an interview that Pokémon games will appear on Pokémon’s upcoming console, which is codenamed the “NX” and which Nintendo says is launching around March 2017. It’s not clear whether Pokémon games will be available for NX in time with launch, but assurance that the maker of the… Read More
Darrell Etherington

Business process platform Progressly nabs Ruslan Belkin and announces $6M Series A from 8VC

10 years ago
 Progressly, a new platform for supporting growth within large enterprises, just got a big boost in both money and staffing. Ruslan Belkin, a former top exec from Twitter and LinkedIn will be joining the roughly two year old company. With the spotlight drawn, Progressly is taking the opportunity to formally announce a $6 million Series A, led by 8VC, as part of its official coming out… Read More
John Mannes

SanDisk’s 1TB SD card has more storage than my computer

10 years ago
 Higher resolution is making for larger video and images, but luckily, flash memory capacity seems to be keeping pace. A new SDXC card from SanDisk unveiled today has 1TB of space available, which basically means you can put t in a camera and essentially forget it even has a storage cap at all. The new 1TB capacity is just a prototype for now, meaning there’s not pricing or availability… Read More
Darrell Etherington

Tinder taps Spotify to let you add music to your profile

10 years ago
 Tinder is teaming up with Spotify to give users a new way to judge each other. Just as Tinder allowed folks to connect their Instagram accounts to their Tinder profile, the same is now true for Spotify. Users will be able to check out each others’ most-played songs on Spotify. But even if you don’t have Spotify, Tinder will still let you use Spotify to add your ‘Tinder… Read More
Jordan Crook

CloudFlare adds lots of new encryption features

10 years ago
 CloudFlare is encrypting its corner of the internet. The company announced today that it has rolled out new encryption features for all the websites it protects: TLS 1.3, automatic HTTPS rewrites, and opportunistic encryption upgrades. The technical upgrades will occur behind the scenes, so CloudFlare’s customers won’t notice much of a difference (except perhaps a slight uptick… Read More
Kate Conger

Runnable wants to make developers more productive

10 years ago
 Back in 2013, Runnable launched with the mission to become the “YouTube of code” that allowed its users to find and run code snippets on its site. Times have changed, though, and the well-funded company is going into a slightly different direction today. Runnable today is a tool for enterprises that want to give their developers the ability to quickly spin up full-stack… Read More
Frederic Lardinois

Canary’s new security camera cuts the cord to tackle the great outdoors

10 years ago
 I’m a bit surprised Canary didn’t just go ahead and make the Flex its flagship. For starters, the camera is just a heck of a lot nicer looking than its predecessor, a white (or black) pill-shaped product with a glossy black frot and a glowing power ring on the bottom that brings nothing more to mind than HAL-9000, that ultimate bastion of home security. It there’s a complaint… Read More
Brian Heater

A quick scan of my new apartment in virtual reality

10 years ago
 I didn’t expect that a career in tech journalism would one day leave me crowded in my bathroom with tech execs hiding from a high-powered, depth-sensing VR camera, but here we are. Earlier this month, I had a chance to host Matterport CEO Bill Brown and his team in my newly-moved-into San Francisco apartment to check out the company’s Matterport Pro camera and perform the VR… Read More
Lucas Matney

The company behind Standard Hotels is launching One Night, a same-day booking app to rival Hotel Tonight

10 years ago
 Anyone interested in the intersection of travel and technology knows that Hotel Tonight basically revolutionize the same-day hotel booking industry. Launched in 2011, Hotel Tonight’s app let you book a heavily discounted hotel room on the day of your stay in just a few taps. But in pursuit of sustained growth the startup began expanding its booking parameters – first by letting… Read More
Fitz Tepper

Vroom raises $50 million to make buying a used car as easy as shoe shopping online

10 years ago
 Gunning to become the top seller of used cars online, Vroom Inc. has raised $50 million in a Series E round of equity funding, bringing its total capital raised to $218 million. The market for used cars in the U.S. alone surpasses $400 billion annually. According to the Edmunds.com Used Vehicle Market Report, retailers sold 38.3 million used cars in 2015 at an average price of $18,500. When… Read More
Lora Kolodny

Twitter lays off around 20, shuts down engineering in Bangalore, India

10 years ago
 Reports may be swirling about Twitter exploring a sale of all or a part of its company, but in the meantime, the social media platform is trimming down internationally. Twitter is shutting down its engineering operations out of Bangalore, India, and it is laying off around 20 engineers in the process, the company confirmed to TechCrunch today. “As part of our normal business review,… Read More
Ingrid Lunden

Healthtech, Fintech, and AI dominate Techstars London Demo Day

10 years ago
 Healthtech, Fintech and AI dominated Techstars London Demo day today in London. At a packed venue (the famous Royal Institution, no less) the teams demo’d their products in short pitches. Here is a run-down of the teams, with some more details of those that stood out. You can watch a Facebook Live recording of the demos here. Didimo They say: “Didimo creates Virtual Avatars ready to… Read More
Mike Butcher
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