LaterPay is offering media companies a business model that goes beyond subscriptions and ads. Cosmin Ene, the German startup’s founder and CEO, argued that while some publications are having success with paywalls and online subscriptions, it’s an approach that only convinces the most loyal readers to pay. So LaterPay is trying to help monetize “the
Snap’s Spectacles sunglasses may prove to be more of a fad than a must-have device. Snap revealed during its call following weak Q2 earnings that it generated $5.4 million in “Other” revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses at a $130 price point. That’s compared to $8.3 million in
There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that
Snap has an awful Q2 earnings report… but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have agreed not to sell any shares this year, and the company will withhold shares they’re owed to pay for any necessary taxes. Of course,
On a Tuesday morning in Lima, Peru, MapQuest co-founder Chris Heivly stood onstage before 600 attentive listeners at Peru Venture Capital Conference, a photo of an Amish buggy projected behind him. “It’s a common sight in the town MapQuest was created,” Heivly says. “If you can build MapQuest in Lancaster, Pennsylvania, think of what you
Global payments processing company PayPal announced this morning that it has agreed to acquire Swift Financial, which provides small business owners with working capital. Terms of the deal were not disclosed, but the acquisition will give PayPal better tools to expand its own Working Capital product. For PayPal, the acquisition should bolster a portion of
SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40 percent of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million, according to Axios‘ reliable business editor Dan
Cryptocurrencies are back. But did they ever go away? If you ask cryptocurrency advocates, they’re going to tell you that it’s been a slow and steady rise filled with initial coin offerings, forks and updates. That’s why we’re excited to welcome Ethereum co-founder Vitalik Buterin and AngelList co-founder and CEO Naval Ravikant at TechCrunch Disrupt
The ascendance of the so-called “hard right” in the US and the Trump administration’s work to protect its power means it’s unlikely the movement will be beaten by Democrats or left leaning parties at this point. The power of the hard right in red-states has becomeinstitutionalized. So perhaps the answer is, instead, empowering traditional Conservatives
Coinbase has had a pretty crazy six months. It may be hard to remember, but at the beginning of 2017 the cryptocurrency world was a different place. Bitcoin was below $1000 per coin and the entire market cap for all cryptocurrencies was about 7x less than it is today. Since then, the market has surged.
Discord wants to destroy its biggest, best-funded competitor in the battle to be the communications layer for gaming. It wants to be the home for gamer clans strategizing and trash-talking with each other. After out-gunning its gaming-specific competitors like TeamSpeak, Mumble and Ventrilo with a secret $50 million fundraise earlier this year, Discord is setting
If you’re looking for a little more arcade feel for your Nintendo Switch, look no further than 8Bitdo’s NES30 Arcade Stick. The Bluetooth controller accessory is compatible with a range of platforms besides the Switch, and it’s a well-made gadget with careful attention paid to how buttons and the joysticks feel, giving an authentic arcade
Filecoin, the much-anticipated cryptocurrency that will eventually power a distributed file storage system, is opening its ICO today at 12pm PT / 3pm ET today. Last week Filecoin concluded a much talked about “advisor” sale that brought in a total of $52M from ~150 investors including Sequoia Capital, Andreessen Horowitz, Union Square Ventures, Winklevoss Capital
Things are not going so well for Blue Apron this morning after reporting its second-quarter earnings (its first earnings report ever), and the stock is crashing as a result of it. The company’s stock is down more than 14 percent on the earnings report, which came in pretty mixed compared to what Wall Street wanted.
Ikea’s smart lighting system has received an update that makes its wireless hub compatible with Apple’s HomeKit, as well as with Amazon Alexa, and Google Home. This means if you have the hub and bulbs, you should be able to control them with your voice using any of those devices, as well as control them
Finding a bra that fits well is hard, but Brayola is looking to make it easier. The ecommerce platform for bras has raised another $2.5 million in Series A financing, bringing the total A round to $5 million. Investors include The Firstime Fund, Ilan Shiloah, Nir Tralovsky, Jonathan Benartzi, Gett founders Shahar Waiser and Roi
Uber is starting to roll out a new in-app chat feature globally today, which will allow riders to send text messages directly to their driver once they book a ride, and vice versa. The new feature replaces the somewhat clunky mechanism of SMS for text communication between rider and driver, helping to preserve privacy for
Interest in blockchains is at an all-time high, but there are still plenty of technical issues to solve, especially for enterprises that want to adopt this technology for smart contracts and other use cases. For them, issues like throughput, latency, governance and confidentiality are still major stumbling blocks for using blockchains. With its new Coco
This week seems to be a good one for media streaming companies in Asia. Hot on the heels of Malaysia-based Iflix raising $133 million for its Netflix-like service for emerging markets, Hong Kong’s PCCW has pulled in $110 million for its range of video and music streaming services. Hony Capital, which recently backed WeWork’s China
Amplitude has raised $30 million to fund what CEO Spenser Skates said is a mission of “helping product people build better products.” That’s not quite how Amplitude pitched itself initially, which was more about undercutting other analytics companies on price. Skates (pictured above with his co-founder Curtis Liu) said this is less a change in
Computer vision continues to find its way into all sorts of apps as the underlying tech powering convenience-oriented image searches. Latest — and it must be said late — to the party is fashion ecommerce player Asos, which has just added a visual search feature to its iOS app. The update lets iOS users snap
SoftBank missed out on getting a piece of Flipkart when its deal to acquire Snapdeal, the e-commerce firm which SoftBank backed in 2015, fell apart last month, but the Japanese tech giant has finally gotten there. Flipkart today confirmed that SoftBank has invested in its business, via its $100 billion Vision Fund, as part of
Glint, a stealthy London fintech startup that promises a new “global currency,” has raised £3.1 million from a plethora of individual backers in the financial services and asset management space, alongside early-stage investor Bray Capital. They comprise Haruko Fukuda, former CEO of the World Gold Council and NED of Investec Bank; Oliver Bolitho, formerly Chairman
In a mind-boggling world first, a team of biologists and security researchers have successfully infected a computer with a malicious program coded into a strand of DNA. It sounds like science fiction, but I assure you it’s quite real — although you probably don’t have to worry about this particular threat vector any time soon.