The World Startup Report Releases ‘The Internet Hall Of Fame” With Data From 50 Countries

World Map by Flickr user Alexander Kaiser Last March, TechCrunch covered one of the World Startup Report’s first releases. Now the organization is back with an ambitious project that gathers insight from 150 companies in 50 countries with the idea of guiding aspiring entrepreneurs in different markets. Read More

eBay Acquires Machine Translation Capabilities From AppTek To Help Expand International Sales

ebayinc_signage_Preview eBay’s focus on international expansion continues: yesterday its PayPal division announced PassPort, aimed at attracting more international sales, and today eBay is announcing the acquisition of machine translation technology from a company called AppTek. From our understanding, eBay is acquiring the talent and the IP from Virginia-headquartered AppTek, but another division of its… Read More

Oculus VR Has Hired Jason Rubin, A Naughty Dog Co-Founder, To Lead First-Party Game Development

Jason Rubin Oculus Oculus VR today confirmed that it has hired Jason Rubin to lead first-party game development. This comes less than a week after the company announced that it has poached Jason Holtman from Valve to lead the creation of a platform for selling virtual-reality experiences. Best known for his work as co-founder at Naughty Dog, Rubin served as director on every title in both the Crash Bandicoot and… Read More

Index Ventures Raises New $550M Early-Stage Fund For Europe, The US And Israel

rad Index Ventures has announced a new early-stage, €400 million ($550 million) fund aimed at tech startups in Europe, US and Israel. This is its seventh early-stage fund and part of a total €3 billion ($4 billion) raised by Index since its inception. The fund will invest from seed and early stage, scaling up to €15 million depending on the requirements of the company. And it’s… Read More

TC Cribs: Feeling Like A Kid Again At FiftyThree’s Creative NYC HQ

Screen Shot 2014-06-10 at 3.35.08 PM Welcome back to Cribs, the TechCrunch TV show that goes behind the doors of tech companies to see what it’s like inside for the lucky ducks who work there. Today’s episode brings us to the New York City headquarters of FiftyThree. FiftyThree, which is behind the Paper app for the iPad, is known for making beautifully designed mobile products — and as you can see in the… Read More

Venture Capital Keeps Austin Startups Flush

austinskyline Austin investors may not be keeping the city weird, but they’re sure keeping its startup scene humming. Like the rest of the country, venture capitalists in the Capital City are riding a wave of exits to big new numbers in startups financed and capital committed over the past few quarters. With the TechCrunch Meetup circus in town, there’s no better time to take a look at how… Read More

President Obama Hits Up The Youths On Tumblr

obama gif The President took to Tumblr today, answering users’ questions on topics relating to education. It was another example of the President using alternative mediums to attract the attention of young Americans. Notably, and infamously to some, the President answered questions on “Between Two Ferns” with Zach Galifianakis to promote Healthcare.gov. That effort led to a spike… Read More

Pyne Offers A Simple Way To Poll Everyone (Or Just Your Friends)

pyne “Oh jeez, another Q&A app.”
That was my kneejerk reaction when I heard about a new startup called Pyne, which has created what it says is an app that allows users to “poll the world.” But then co-founder Tony Peccatiello gave me a demo, and I have to admit that it was appealingly quick, simple, and fun. Read More

Lowercase Capital Is Raising A New $25M Fund, Led By Matt Mazzeo

cowboy money Lowercase Capital is raising another $25 million, we’re hearing. This is notable for a couple of reasons: Due to its Uber investment, Lowercase Capital’s very first fund — a modest $8.5 million raised in 2010 — has seen its value increase by more than 100x , which is perhaps historic in early-stage seed funds. Lowercase’s second fund, “Spur,” has also… Read More

Food Startups Are Riding A VC Gravy Train

14625517_3281513929_o Investments in food-related startups, from delivery services to new restaurant chains to new types of foods and additives, have raised unprecedented amounts of cash in the most recent quarter, as investors dug in to the food business.
Food companies raised $89 million in the second quarter of this year alone and have raised nearly $350 million since the second quarter of 2013, the strongest… Read More

How Max Levchin Plans To Reinvent Consumer Finance Again, With His New Company Affirm

Max Levchin NSA Max Levchin is one of the founders of PayPal, a company that made it easier for consumers to transfer funds to one another and provided an easy-to-install payment processor for businesses. Now he’s seeking to once again reinvent consumer finance as CEO of his new company Affirm. Affirm was founded out of Levchin’s company building investment vehicle HVF, and over the past two years… Read More