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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Updated: 1 hour 16 min ago

Bitcoin drops below $10K after three days of cryptocurrency correction

5 hours 32 min ago
 The crypto crash that began two days ago accelerated yesterday and today, with essentially all top 100 coins down anywhere between 15-30 percent. The total market capitalization of all cryptocurrencies is hovering around $450 billion, down ~30 percent from $650 billion just 48 hours ago. Yesterday, Bitcoin was just a few dollars away from dropping below $10,000, but it bounced back around $11k,… Read More

Google’s AutoML lets you train custom machine learning models without having to code

5 hours 52 min ago
 Google today announced the alpha launch of AutoML Vision, a new service that helps developers — including those with no machine learning (ML) expertise — build custom image recognition models. While Google plans to expand this custom ML model builder under the AutoML brand to other areas, the service for now only supports computer vision models. Read More

Cloudflare Access aims to replace corporate VPNs

5 hours 52 min ago
 If you’re part of a big company, chances are that there are resources that are only available via the internal network, or whatever your company calls it. The usual way to access these from outside company property is a VPN, but VPNs are a clumsy solution — one companies like Google and Amazon are leaving behind. Now Cloudflare wants you to do the same and use its new Access… Read More

Sweatcoin lets you earn crypto for working out

5 hours 52 min ago
 Want a way to workout and earn some coin? Sweatcoin has risen to the top of the App Store for helping folks get something more than just a glow for taking those daily steps. The startup says it has accumulated more than five million users in the past year and increased revenue by 266 percent in the last quarter. There are more than two million weekly active users on the app — and… Read More

Amazon launches autoscaling service on AWS

6 hours 12 min ago
 One of the primary advantages of cloud computing has always been the ability to scale up to meet short-term needs and scale back when that need has been met. In other words, you don’t have to pay for infrastructure that you don’t need to hedge against heavy usage. That has mostly meant server capacity, but over time it has been applied to other cloud services. Now, developers… Read More

It’s time for Washington to start working on artificial intelligence

6 hours 22 min ago
 One of the more unexpected sights within the United States Capitol lies just outside the Old Supreme Court Chamber. There you can find a plaque marking the first ever long-distance communication by electronic telegraph, which took place inside the Capitol in 1844, when Samuel Morse sent and received messages from Baltimore. Morse’s first experimental line was made possible thanks to a… Read More

More money for Utah startups as Kickstart closes on its fourth seed fund at $74 million

6 hours 52 min ago
 One of the most prominent seed investors in Utah, Kickstart Seed Fund, has closed on its fourth fund at $74 million — nearly doubling from the last funding of $39 million and toppling Peak Ventures as the fund with the mostest raised in the region. The large increase was driven by several institutional investors as well as several notable Utah entrepreneurs including Aaron Skonnard… Read More

Anomali secures $40 million Series D led by Lumia Capital to scale threat detection solution

7 hours 29 min ago
 Anomali, a threat detection and mitigation company, announced a hefty $40 million Series D investment today led by Lumia Capital. The company was previously known as ThreatStream. New investors Deutsche Telekom Capital Partners (DTCP), Telstra and Sozo Ventures along with returning investors GV, General Catalyst, IVP and Paladin Capital Group also participated in the round. The company would… Read More

Storytelling app Wattpad raises $51M at a $398M valuation

8 hours 21 min ago
 Content, as they say, is king — but these days, that may be true only for as long as you can figure out a good business model to deliver it. And today, a startup based out of Toronto, Canada is re-upping its coffers to fill out its ambition to do just that. Wattpad, a storytelling and reading/viewing app that combines crowdsourced content with professionally produced material, has picked… Read More

Didi has a brilliant plan to contain the threat of China’s bike-sharing services

8 hours 28 min ago
 China’s Didi Chuxing unveiled its bike-sharing platform today and, as expected, it looks like a very aggressive move to protect its position. When Didi first announced its plans to offer rides from Ofo and Bluegogo inside its app, I argued that this was far from a positive gesture since the ultimate goal is control. By introducing its own service inside its own app to its own… Read More

Clinic reports Natural Cycles app for 37 unwanted pregnancies since September

8 hours 39 min ago
 Swedish startup Natural Cycles, which offers an app-based product which it bills as a ‘digital contraceptive’, has been reported to Sweden’s Medical Products Agency (MPA) by a local hospital after it recorded 37 unwanted pregnancies among women who said they had been using the app as their contraception method. Read More

Uber rival Grab acquires Indian startup to bulk up its mobile payment platform

9 hours 51 min ago
 Grab, Uber’s main rival in Southeast Asia, is continuing to develop its mobile payment strategy after it announced the acquisition of India-based startup iKaaz. The deal — which is undisclosed — will see iKaaz’s engineering team join the Bangalore-based engineering office which Grab opened last year. The firm declined to say how many new recruits are moving over… Read More

Hike unbundles its messaging app to reach India’s next wave of smartphone users

12 hours 1 min ago
 How do you compete with the world’s largest chat app in its strongest market? Hike, the Indian messaging app valued at more than $1 billion, is taking a unique approach to battling WhatsApp which involves dismantling its service, layering it on budget Android phones and offering free connectivity. The company, which is backed by the likes of Tencent and Foxconn, today unveiled… Read More

Revolut launches geolocation-powered travel insurance

12 hours 51 min ago
 Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. But the best part is that you can set it up and forget about it as Revolut uses your device’s location data to automatically turn insurance coverage on and off. By default, insurance coverage costs £1 per day… Read More

Bitconnect, which has been accused of running a Ponzi scheme, shuts down

Tue, 01/16/2018 - 20:58
 Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards,… Read More

Google moves into Shenzhen in latest China expansion

Tue, 01/16/2018 - 20:54
 A month after announcing plans to open its first AI lab in China, Google is expanding again through a move into Shenzhen. The U.S. tech giant has opened an office in the Chinese city, which borders Hong Kong and known for being a global hardware hub, according to an internal email obtained by TechCrunch. This isn’t a fully-blown Google campus, instead the company has taken up space within… Read More

YouTube tightens the rules around creator monetization and partnerships

Tue, 01/16/2018 - 20:06
 In an effort to regain advertisers’ trust, Google is announcing what it says are “tough but necessary” changes to YouTube monetization. Read More

TWiT is suing Twitter, alleging breach of contract and copyright infringement

Tue, 01/16/2018 - 19:52
 TWiT, officially known as This Week in Tech, is suing Twitter. The audio and video media platform alleges breach of written contract, breach of oral agreement, intentional interference with prospective economic advantage and trademark infringement. Read More

The Awl is shutting down

Tue, 01/16/2018 - 19:13
 The Awl, the hard-to-classify site that published compelling personal essays, media commentary and much more, announced today that it will be shutting down at the end of January, along with its sister site The Hairpin. The site was founded in 2009 by Gawker alums Choire Sicha and Alex Balk, and while you could definitely hear echoes of the Gawker style, it soon established itself as a home for… Read More

In a cloture vote, the Senate ends debate on warrantless surveillance of U.S. citizens

Tue, 01/16/2018 - 19:09
 On Tuesday, the Senate undertook a cloture vote to end the debate on a bill that would renew a controversial legal loophole that provides U.S. intelligence agencies with a means for the warrantless surveillance of American citizens. With 60 for and 38 against, the Senate voted in favor of cloture, a considerably blow to privacy advocates who have long pushed for reform. A two-thirds… Read More

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