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Zoom retracts statement that it has 300M daily active users

6 years 6 months ago
Zoom is not having a good month. As it scales to meet pandemic demand, it has been beset by security issues, which it has had to explain and fix. Today, The Verge reported that the company just changed a blog post, which had previously listed 300 million daily active users (DAUs) to active participants. The […]

Twitch launches an esports directory to cater to growing streaming audience

6 years 6 months ago
Twitch is doubling down on esports in this new era of social distancing as a number of traditional sporting events have been cancelled. The company this week introduced a new esports directory on its site that will make it easier for viewers to find live matches, information on players, games with active competition leagues, a […]

Daily Crunch: Apple and Google begin releasing their exposure notification API

6 years 6 months ago
Apple and Google ask for developer feedback on their contact tracing efforts, Facebook sees a “significant reduction” in ads and Microsoft makes life easier for IT managers. Here’s your Daily Crunch for April 30, 2020. 1. Apple and Google release first seed of COVID-19 exposure notification API for contact tracing app developers This is a […]

Apple exec Cynthia Hogan joins Biden’s VP vetting team

6 years 6 months ago
Joe Biden’s campaign this morning announced that it has chosen a team to vet potential running mates for the presumptive Democratic presidential nominee. The four-person committee has three high-profile Democratic politicians: Senator Chris Dodd, Congresswoman Lisa Blunt and Eric Garcetti, the mayor of Los Angeles, who has been in the spotlight recently as his city […]

NASA, ESA and JAXA launch virtual hackathon for COVID-19 solutions

6 years 6 months ago
In an impressive display of international collaboration, NASA, the European Space Agency (ESA) and the Japan Aerospace Exploration Agency (JAXA) have come together to launch a virtual hackathon running between May 30 and May 31, with the aim of using open data to develop innovative solutions to problems arising from the global COVID-19 pandemic. All […]

Visa and Kenya’s Safaricom partner on M-Pesa, payments and tech

6 years 6 months ago
Visa just connected to Africa’s most powerful mobile payments network. The global financial services company and Kenyan telecom Safaricom — operator of the M-Pesa mobile money product — announced a partnership today on payments and tech. The arrangement opens to M-Pesa’s own extensive financial services network in East Africa Visa’s global merchant and card network […]

Google under fire for squeezing travel startups hit by coronavirus refunds

6 years 6 months ago
Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant is asked for flexibility in […]

Early-stage investor The Fund expands beyond NYC with new partners in LA and London

6 years 6 months ago
The Fund, an early-stage investment firm with a memorably straightforward name, is looking beyond New York City as it starts investing its second fund. Founders Jenny Fielding (who’s also managing director at Techstars New York) and Scott Hartley (also co-founder and partner at Two Culture Capital) told me that in the past two years, they’ve […]

Freada Kapor Klein warns of ‘vulture capitalists’ during pandemic

6 years 6 months ago
The tech industry experienced turmoil before during the dot-com bust and again during the 2008 economic downturn. But this time it’s a bit different, according to Kapor Capital founding partners Freada Kapor Klein and Mitch Kapor. “What’s different this time is that it is society-wide,” Kapor Klein said during an Extra Crunch Live appearance this […]

7 VCs talk about today’s esports opportunities

6 years 6 months ago
Even before the COVID-19 shutdown, venture funding rounds and total deal volume of VC funding for esports were down noticeably from the year prior. The space received a lot of attention in 2017 and 2018 as leagues formed, teams raised money and surging popularity fostered a whole ecosystem of new companies. Last year featured some […]

VC appetite for AI startups holds up in Q1 despite lackluster exit volume

6 years 6 months ago
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking our final look back at Q1 venture capital through the lens of AI-focused startups. New data out this week paints a mixed picture of the AI startup landscape. Venture dollar volume in […]
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