This afternoon, Box pulled the trigger on its updated S-1 document, detailing its fiscal first quarter financial performance. For the three-month period, Box had revenue of $45.3 million, and a loss of $38.5 million. The revenue figure is up 93.6 percent, and the loss total is up a more modest 13 percent. Read More
Category: Tech news
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The Privacy Implications Of NSA Searches Should Not Be Minimized
The Obama administration on Sunday attempted to downplay the damning revelations made in the Washington Post about the National Security Agency’s (NSA) broad data sweeps under Section 702 of the Foreign Intelligence Service Act (FISA). In response officials told the New York Times that “the agency routinely filters out the communications of Americans and information that is of… Read More
Keith Rabois’ Homebuying Startup OpenDoor Raises $9.95M From Everyone
Well.
It seems like a lot of Valley investors want to see the process of buying homes become a lot more efficient.
After Khosla Ventures VC and former Square COO Keith Rabois teased that he was working on a project to make buying homes as simple as clicking a few buttons, a horde of Valley angels and VCs started circling. Read More
Bridging The Gap As The Smart Home Industry Expands
With the smart home market growing, the focus is shifting to the seamless connectivity of different products under one platform, rather than the quality of hardware construction. At the same time, automation is driving technology to react to human interactions — rather than us reacting to it. Read More
Compromise Will Shape The Wearables Market
Just as fitness apps and wearables are gaining real traction, the introduction of Android Wear is giving consumers their first maybe-viable smartwatches. In the coming months and years, this new category will force consumers to make a similar decision as that between Microsoft’s unified approach to operating systems and Apple’s intentional divergence of iOS and Mac OS X. Read More
Facebook Tries Being A TV Channel With New Mobile Video Player
If you watch one of a friend’s videos, Facebook will now try to get you to watch more with a new carousel of suggested videos that appears after you view one in the mobile News Feed. Reminiscent of YouTube’s Related Videos, Facebook confirms the existence of this fresh laidback experience in Facebook for iOS that I spotted over the weekend. It lets you quickly watch a series of… Read More
Isis Mobile Wallet Rebrands To Distance Itself From Militant Group ISIS
Isis, the mobile wallet platform backed by AT&T, T-Mobile and Verizon here in the U.S., has decided to rebrand after its name became synonymous with “ISIS,” an Islamic militant group linked to sectarian violence against civilians and government forces in Iraq and Syria, the company is announcing today. That the two organizations share a name is entirely coincidental, but… Read More
Box Picks Up $150M More As It Waits For Favorable IPO Winds
Box, a file-storage and management firm, has raised another $150 million from TPG and Coatue, according to the Wall Street Journal. The company had previously raised $414.1 million, making its total funding in excess of $550 million. TechCrunch has confirmed the amount through a source. Previously, Box filed to go public, with its S-1 document detailing rapid revenue growth. Its top line… Read More
Microsoft Brings Yammer To More Office 365 Plans For Free
Microsoft is bringing Yammer to more of its Office 365 SKUs, making the latter a more tempting offer. Educational and medium-business packages of Office 365 now come with Yammer. Microsoft added the social product to enterprise Office 365 SKUs late last year. Read More
3D Camera Startup Matterport Raises $16 Million Series B Led By DCM
3D camera marker Matterport wants to give customers the tools they need to make photo-realistic models of real-world spaces. And to do so, the company has raised a new, $16 million round of financing. The funding was led by DCM, with AME Cloud Ventures also participating. Read More
Germany Unhappy With U.S. Over Allegations Of A Double Agent Assisting In Continued Spying
The U.S. got caught paying a German intelligence operative $34K to spy on the German group created to investigate the U.S.’s spying on Germany — at least according to the most recent crop of embarrassing allegations into the NSA’s surveillance activities. And German Chancellor Merkel is not pleased. Earlier today in China, the Chancellor stated that if the allegations prove… Read More
Mac OS X Gets The Dark Theme We’ve All Been Waiting For In Yosemite Preview 3
Apple’s desktop operating system got a little more fashionable with the new Preview 3 update of OS X 10.10 Yosemite seeded to developers today. The update, which can be installed by registered developers who have the existing preview version on their machines through the Mac App Store, lets users enable Dark Mode, a highly coveted feature that impressed when it was unveiled at WWDC in… Read More
Blek Comes To Android, And I Get Stuck On Level 23
Earlier this year, iOS game Blek drew critical cheers and enthusiastic reviews from gamers. Android fans who watched from the sidelines but haven’t yet actually Blekked can now try out the puzzler for themselves. The game uses a curious drawing mechanic as its only moving part basically, allowing the player to sketch a line with their finger that then becomes an animated in-game… Read More
TechCrunch Disrupt Europe Meetups: London, July 11 And Berlin, July 17
European startups! TechCrunch Disrupt Europe, our stupendous conference, is coming to London in October. To tell you all more about it, we’re taking TechCrunch on the road this summer. Read More
MIT And Dropbox Alums Launch Inbox, A Next-Generation Email Platform
Founded by Dropbox and MIT alums, a new startup called Inbox is launching out of stealth today, hoping to power the next generation of email applications. Similar to the newly launched Gmail API, Inbox offers a more modern way to build apps that access end users’ inboxes. But instead of being limited to Gmail, it also works with Yahoo, Microsoft Exchange and others, the company says. Read More