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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 9 min ago

Bitcoin, Ethereum and almost every other cryptocurrency is plunging

Tue, 01/16/2018 - 05:42
 Look away now if you own bitcoin or other cryptocurrencies. This won’t be breaking news to you if you are invested, but today has seen the entire crypto market fall by double-digit percentages. The price of bitcoin slumped by 15 percent to drop below $12,000 for the first time since December 4. Ethereum, meanwhile, fell by over 20 percent to hover above $1,000 and Ripple is down 33… Read More

Apple asked to respond to China consumer group about slowing older iPhones

Tue, 01/16/2018 - 05:08
 Apple is now facing questions about how it slows down older iPhones in China. The Xinhua state news agency reported yesterday that the Shanghai Consumer Council has written to Apple asking it to explain the performance hit and any remedies it is offering to consumers. Read More

BeMyEye, the startup that lets companies crowdsource in-store data, acquires rival Task360

Tue, 01/16/2018 - 04:00
 In a move that represents further consolidation in the crowdsourced in-store data gathering space, London-headquartered BeMyEye has acquired U.K. rival Task360. Similar to BeMyEye, the company offers an app that pays users to collect data for its corporate clients, but with a greater emphasis on time-sensitive tasks. Financial terms of the acquisition remain undisclosed, though I understand… Read More

Airbnb now lets users pay less up front for bookings

Tue, 01/16/2018 - 03:00
 Airbnb has today announced a new feature that will help users manage their payments on the platform. The feature, aptly albeit unimaginatively named Pay Less Up Front, lets users pay for a part of their trip upon booking and the rest near the time of check-in. Before now, Airbnb users had to pay 100 percent of their booking up front. For weekend trips, that wasn’t such a big deal. But… Read More

AngelList launches Syndicates in India

Tue, 01/16/2018 - 02:29
 AngelList has expanded its syndicates program to India in the latest overseas move for the US crowdfunding platform. The launch comes some 18 months after we reported that AngelList had hired Utsav Somani to launch the service and develop its business generally in India, where it also offers its hiring product. Syndicates was launched in the US in 2013 with the purpose of giving… Read More

Twitter hits back again at claims that its employees monitor direct messages

Tue, 01/16/2018 - 00:22
 Twitter is pushing back against claims made by conservative activist group Project Veritas that its employees monitor private user data, including direct messages. In a statement to BuzzFeed News, a Twitter representative said “we do not proactively review DMs. Period. A limited number of employees have access to such information, for legitimate work purposes, and we enforce strict… Read More

Startup events platform Tech.co acquired by digital marketing firm MVF

Mon, 01/15/2018 - 22:37
 Tech.co, an online platform and events organizer for startups, announced today that it has been acquired by digital marketing firm MVF. The deal’s terms were undisclosed. Read More

Apple’s MacBook Air turns 10

Mon, 01/15/2018 - 18:31
 Ten years ago today, Steve Jobs triumphantly held up a manilla interoffice mail envelope to a round of applause at the Moscone Convention Center in San Francisco. It was a silly gimmick, but it got the point across. A year after introducing the Macworld crowd to the iPhone, the company was about to add another cornerstone product to its repertoire. Ten years and seven generations later,… Read More

The best gadgets we saw at CES 2018

Mon, 01/15/2018 - 17:25
 Another CES is in the books. The country’s biggest consumer electronics show featured some 3,900 exhibitors spread out over 2.75 million square feet, making it the largest floor in the show’s history, according to the CTA. Our bodies and brains are exhausted from all the new gadgets, but before we cast off the show for good, let’s take a look at some of the best things we saw… Read More

Inside Telegram’s ambitious $1.2B ICO to create the next Ethereum

Mon, 01/15/2018 - 15:47
 We have even more information about messaging app Telegram’s plans for cashing in on its popularity within the crypto community with the massive ICO for its proposed Telegram Open Network (TON) project (that we first reported), after obtaining the whitepaper and investor prospectuses in full. From the documents, it is clear that Telegram isn’t content with sitting on a platform… Read More

A modest primer for Ethereum programming

Mon, 01/15/2018 - 14:30
 The world is full of web programmers, but there’s a real paucity of cryptocurrency developers, and the chasm between the two fields is hard to cross. So I thought I’d take what I’d learned from architecting and building out our own Ethereum-based projects, and turn it into an open-sourced tutorial for web devs, in the hopes of encouraging a little more actual development… Read More

PSA: No, you can’t order a Batman toy by yelling ‘Batman’ at your Echo

Mon, 01/15/2018 - 13:47
 There are a number of reasons why one may take issue with White House Press Secretary Sarah Sanders using the official @PressSec Twitter to register a personal complaint about a consumer product in her household, as she recently did with a tweet about Amazon Alexa and Echo speakers. But the one issue we’re going to mention here on TechCrunch is that she’s incorrectly characterizing… Read More

The portion of VC-backed startups founded by women stays stubbornly stagnant

Mon, 01/15/2018 - 13:00
 It was a tumultuous year for the technology industry, with sexual harassment, pay gaps and under-representation of women often dominating the headlines. And while sexism was not born in Silicon Valley, sexual harassment is proving to be toxic for business. As part of our larger Q4 and 2017 coverage, let’s see how the venture industry invested in women last year. Read More

Researchers find that one person likely drove Bitcoin from $150 to $1,000

Mon, 01/15/2018 - 12:40
 Researchers Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberman have written a fascinating paper on Bitcoin price manipulation. Entitled “Price Manipulation in the Bitcoin Ecosystem” and appearing in the recent issue of the Journal of Monetary Economics the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors. To many it’s been obvious that… Read More

Toyota and Lexus vehicles will finally start getting CarPlay this year

Mon, 01/15/2018 - 11:58
 Toyota has been a holdout from CarPlay, Apple’s in-dash infotainment system that works with your iPhone. The automaker and its luxury brand Lexus have yet to offer it in any models, despite most other car companies giving in on at least a few vehicles (which tends to later to broader rollout thereafter). The new 2019 Toyota Avalon will have CarPlay on board, however. The vehicle was… Read More

Ethereum co-founder Vitalik Buterin has left VC firm Fenbushi Capital

Mon, 01/15/2018 - 11:25
 Vitalik Buterin, the high-profile co-founder of Ethereum, has quietly left China-based investment firm Fenbushi Capital, TechCrunch understands. Fenbushi was founded in 2015 and its $50 million fund was one of the first to actively put capital into blockchain companies through seed investments and participation in ICOs. As one of the most visible funds, it picked up stakes in dozens of firms… Read More

AI researcher Monty Barlow teaches a computer to figure out American accents

Mon, 01/15/2018 - 11:24
 Monty Barlow is a researcher at Cambridge Consultants and his recent work involves teaching a computer to discern between British and American accents. The project, which Barlow sees as part of a suite of machine-learning solutions that will grow to encompass “true” AI, appeared at CES last week. Barlow said that AI revolutions tended to come and go, appearing on the horizon and… Read More

Nissan Xmotion concept blends sci-fi and serenity – and includes a fish friend

Mon, 01/15/2018 - 11:21
 Nissan has a brand new concept vehicle it unveiled at CES this year, called the ‘Xmotion.’ The crossover SUV concept vehicle features sleek exterior lines with sharp angles to accentuate details like the headlights, and inside blends touchscreen displays, innovative control mechanisms and spare accents to provide a look that’s both futuristic, and strangely rural and… Read More

GV co-leads $27.1M Series A in Oxford Uni life sciences spinout Vaccitech

Mon, 01/15/2018 - 10:20
 Leaning on its in-house life sciences expertise GV has backed another biotech startup in the UK, co-leading a £20 million ($27.1M) Series A in Oxford University spinout Vaccitech, which is developing a universal flu vaccine. Read More

India’s Razorpay nabs $20M led by YC, Tiger Global for its Stripe-like payment gateway

Mon, 01/15/2018 - 10:06
 E-commerce remains among the biggest tech opportunities in India, one of the world’s most populated countries whose economy continues to rapidly evolve and now has over 500 million people connecting to the Internet. And today, a startup that is playing in this space — aiming to make it easier to take and make payments online — has announced a significant round of… Read More

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