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Updated: 4 hours 20 min ago

Poncho weather service picks up $2.4 million from Lightspeed Venture Partners

2017, August 14 - 11:47pm
 Poncho, the betaworks-backed weather service, has raised $2.4 million in seed funding led by Lightspeed Ventures. Poncho launched out of betaworks the same year as Giphy and Dots, and uses SMS and email to bring the news to you in an entertaining way. The premise is simple. Instead of having users seek out their own information via weather apps and being bombarded with numbers like… Read More
Categories: Business News

TechCrunch Disrupt SF 2017 will feature some of tech’s wildest success stories

2017, August 14 - 11:22pm
 TechCrunch Disrupt SF 2017 is less than a month away at Pier 48 in San Francisco. This year’s lineup includes a stellar group of speakers, including Pinterest’s Ben Silbermann, Golden State Warriors superstar forward (and also investor) Kevin Durant, Forerunner Venture’s Kirsten Green and Udacity co-founder Sebastian Thrun. Read More
Categories: Business News

OpenAI bot remains undefeated against world’s greatest Dota 2 players

2017, August 13 - 12:50am
 Last night, OpenAI’s Dota 2 bot beat the world’s most celebrated professional players in one-on-one battles, showing just how advanced these machine learning systems are getting. The bot beat Danil “Dendi” Ishutin rather easily at The International, one of the biggest eSports events in the world, and remains undefeated against the world’s top Dota 2 players.… Read More
Categories: Business News

Moneytis is like a travel fare aggregator, but for sending money abroad

2017, August 12 - 8:17pm
 If you don’t care too much about loyalty programs, chances are that you’ve been relying on platforms like Booking.com and Expedia to find the cheapest flights and hotel rooms. Moneytis wants to do the exact same thing, but for foreign exchange services. TransferWise is arguably the biggest consumer brand in international transfers. Instead of telling your bank to send money to… Read More
Categories: Business News

Machine learning can tell if you’re wearing swap-meet Louie

2017, August 12 - 5:39am
 A wise man once said “The hat mighta had a L V on the back but at the swap meet that ain’t jack,” and now researchers can ensure that the Louis Vuitton or Prada or Coach you bought is the real deal. The system, which essentially learns the difference between real and fake products over time, uses a small microscope connected to a phone. “The underlying principle of… Read More
Categories: Business News

The US Government must work with tech companies if it wants to remain competitive in AI

2017, August 12 - 4:01am
 U.S. Secretary of Defense James Mattis is concluding his tech tour of the West Coast today with a visit to Google’s Mountain View campus. Mattis spent time at Amazon and the Defense Innovation Unit Experimental, earlier in the week. His key takeaway from all the socializing with tech leaders is that the Department of Defense needs to embrace technology coming out of the private sector… Read More
Categories: Business News

Plasticity wants to help chatbots seem less robotic

2017, August 12 - 3:01am
 Y Combinator backed Plasticity is tackling the problem of getting software systems to better understand text, using deep learning models trained to understand what they’re reading on Wikipedia articles — and offering an API for developers to enhance their own interfaces. Read More
Categories: Business News

Why exhibit in Startup Alley at Disrupt SF?

2017, August 12 - 2:05am
 Hey startups! Disrupt San Francisco (September 18-20) is just a few weeks away and registration is open for startups looking to showcase their product or company to thousands of people on the Disrupt floor. Read More
Categories: Business News

SoundCloud saved by emergency funding as CEO steps aside

2017, August 12 - 12:50am
 SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer. Read More
Categories: Business News

Sleeperbot is the best place to host your fantasy football league this season

2017, August 12 - 12:03am
 Sleeperbot, which has raised about $2M in seed funding from Birchmere VC and Expa, and boasts hundreds of thousands of users, calls itself Slack for sports. It’s essentially an app (and website) that lets sports fans have conversations around different subjects they’re passionate about. These discussions happen in channels – some of which are created by the company and are… Read More
Categories: Business News

Equity podcast: Benchmark sues Kalanick, and what’s next for IPOs after Snap and Blue Apron’s very bad day

2017, August 11 - 10:10pm
 Hello and welcome back to Equity, TechCrunch’s weekly venture-themed podcast where we dive into the numbers behind the noise. Forget the summer lull, friends. This week was chock full of news that broke right up until the very last minute. Matthew Lynley was off this week, but Katie Roof and myself were incredibly lucky to have Kate Mitchell, co-founder and partner at Scale Venture… Read More
Categories: Business News

Popular writing app Ulysses switches to subscription model

2017, August 11 - 9:49pm
 Ulysses is one of the most popular apps for writers. It lets you write, edit, organize, sync and export all your writing in a single, unified interface. That’s why it’s interesting to see that it is switching to a subscription-only business model. I’ve already written about Ulysses a few times. It’s a rock-solid, well-designed writing app for iOS and macOS. It relies… Read More
Categories: Business News

Curve co-founder joins challenger bank Monzo as COO

2017, August 11 - 9:02pm
 In an example of more revolving doors in London’s heated fintech space, TechCrunch has learned that Curve co-founder Tom Foster-Carter is joining Monzo. As of Monday, he takes up the role of COO at the digital-only challenger bank, with some aspects subject to regulatory approval. Read More
Categories: Business News

WeWork acquires Israeli startup Unomy to boost its enterprise sales efforts

2017, August 11 - 12:00pm
 Global coworking behemoth WeWork is best known for providing flexible office rentals to startups and other small businesses, but enterprise clients are becoming an increasingly large portion of its business. With that in mind, WeWork has acquired Israeli startup Unomy to help its team sell enterprise clients on the idea of opening up offices in its workspaces around the world. Read More
Categories: Business News

LaterPay brings its media payment technology to the US

2017, August 11 - 7:35am
 LaterPay is offering media companies a business model that goes beyond subscriptions and ads. LaterPay is trying to help monetize “the vast space” between subscriptions and ads, allowing publishers to charge for their content on an à la carte basis. That can meaning charging per article or video, or asking users to buy a pass to their site for a limited period of time. Read More
Categories: Business News

Tetra raises a $1.5M seed round to bring deep learning to voice transcription

2017, August 11 - 6:35am
 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 rely on accurate transcription for their operations. Read More
Categories: Business News

Peru is on a bid to catch up with its innovative Latin American neighbors

2017, August 11 - 6:00am
 For the past decade the Peruvian economy has been one of the fastest moving in the region — but it’s apparent Peru’s technology ecosystem is still in its infancy. Economically driven by mining, Peru invests just 0.08 percent of its GDP in innovation. By comparison, Chile invests 0.37 percent. Yet Peru refuses to be left behind. Read More
Categories: Business News

PayPal to acquire Swift Financial to bolster small business lending

2017, August 11 - 3:29am
 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. Read More
Categories: Business News

SoundCloud faces do-or-die vote by investors

2017, August 11 - 2:11am
 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% of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million. That’s a steep drop from the $700 million valuation of its previous rounds. Read More
Categories: Business News

Vitalik Buterin and Naval Ravikant to discuss Ethereum and ICOs at Disrupt SF

2017, August 11 - 1:36am
 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 SF. They’re… Read More
Categories: Business News

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