500 Startups Venture Partner George Kellerman is jumping ship to join former colleague Paul Singh to be part of his Crystal Tech Fund, which was launched earlier this year. He will be doing the same thing he did at the old one — that is, fundraising and general operations stuff. Read More
Category: Tech news
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Watch The Nymi Heartbeat Identification Wristband Personalize Its Wearer’s PC
Toronto-based hardware startup Bionym gave a special public demo of its Nymi ECG authentication and identification wristband at the monthly We Are Wearables event yesterday, and talked a bit about their product in more detail, now that it’s well on its way to production. The Nymi measures a user’s heart beat, and uses that to verify their identity and then perform various handshake… Read More
FCC Chairman Promises To Regulate The Internet As A Utility If Needed To Protect Net Neutrality
In a sternly worded blog post today, FCC Chairman Tom Wheeler further explained his views on net neutrality, detailing how he plans to implement them. Most important in his comments is a promise to regulate Internet service as a utility if needed. Wheeler is plain: “The proposal before us now turns out to be insufficient or if we observe anyone taking advantage of the rule, I won’t hesitate… Read More
Food Ordering Site Delivery.com Expands To Hong Kong
Delivery.com is launching outside the U.S. for the first time with a new site in Hong Kong that provides online food ordering and delivery to corporate consumers. The company is backed with an undisclosed amount of venture capital from its lead investor Cantor Ventures, the VC arm of Cantor Fitzgerald. Read More
MIT’s Bitcoin Club To Give $100 In BTC To Every Student
YOU get bitcoin! And YOU get bitcoin. In fact, everyone at MIT gets bitcoin. Two ambitious MIT students, CS sophomore Jeremy Rubin and MBA candidate Dan Elitzer, have raised over $500,000 so that all 4,528 undergrads at MIT can have $100 worth of BTC. Why? They want to educate MIT students about cryptocurrencies and get all on-campus merchants bitcoin ready by next year. Read More
Twitter: We Have No Plan For A Secondary Offering
Today on its earnings call, Twitter indicated that it has no plan to host a secondary offering of its shares to provide liquidity to its large shareholders and early investors. In a filed 8-K, Twitter had already indicated that, as TechCrunch reported, “CEO Dick Costolo, plus co-founders and board members Jack Dorsey and Evan Williams, as well as Benchmark, have no intention of selling their… Read More
DollarPhotoClub Expands Into More Markets, Hits 11,000 Users
Stock photo provider DollarPhotoClub is a shot across the bow of the Big Stock Photo Cartels™. Created by a repeat entrepreneur and owner of one of the biggest modeling agencies in England, the company aims to make getting a stock photo as easy as ordering new razors. Now the company has announced that they are moving into 13 new markets including Italy and Poland and currently has over 11,000… Read More
Adly And Nestivity Merge, Will Integrate Their Social Marketing Tools
Social marketing companies Adly and Nestivity have announced that they are merging. Moving forward, they’ll be one company doing business under the Adly name. As you may recall, Adly connects advertisers with celebrities and other influencers who are willing to post promotional messages on social media. Nestivity, meanwhile, allows customers to build an online “nest” that collects all their… Read More
This Monstrous Linksys WRT1900AC Router Is For Folks With A Real Appetite For Networking
There are wireless routers, and then there are wireless routers with a 1.2GHz dual-core Marvel Armada SoC processor and 256MB RAM that supports USB 3.0 drive transfer speeds and has four massive antennae that can blow wireless connectivity through almost any environment. The $250 Linksys WRT1900AC (which you can win here) is the latter. So what’s so special about this massive wireless writer… Read More
Sony Xperia Z2 Review: A Waterproof Android Smartphone That Goes Beyond Gimmicks
Sony hasn’t had a great time of it in the U.S. smartphone market over the past few years, and it recently announced that its new flagship, the Xperia Z2, would only be made available to U.S. customers unlocked via its website. But the Z2 is still a solid device, and a contender on more or less even footing with flagships from other Android OEMs, so fans of Google’s mobile operating… Read More
Twitter Shares Test New All-Time Lows After Its Q1 Earnings Fail To Excite Investors
Twitter’s stock is plumbing the depths today, hitting a new low of $38.27, below its previously recorded lowest-point of $38.80. Twitter went public for $26 per share and shot to more than $74 per share at its peak. It opened around $45 on its first day public. The following image comes moments after Twitter traded for $38.27. However, given that I decided to tweet first, and screenshot… Read More
Google Denies Shady Claim That AdSense Robbed Publishers
An alleged former Google employee has anonymously published unconfirmed allegations that AdSense purposefully banned publishers right before their periodic payout so it could keep their ad revenue. But Google denies this as “a complete fiction”, and based on our examination of the report, the allegations look false. There may have been mechanisms in place to prevent scamming publishers this way,… Read More
TC Cribs Tours Optimizely’s Spacious HQ, Where Table Tennis Is A Serious Sport
It’s time for a new installment of Cribs, the TechCrunch TV show that takes you inside the doors of some of the tech industry’s hottest companies. This time around, we headed to the San Francisco headquarters of Optimizely, the company that makes website optimization software. Optimizely has had some impressive growth over the past few years since its launch, so it has established… Read More
eBay Beats, Q1 Non-GAAP Earnings Up 11 Percent to $899M, Revenue Up 14 Percent To $4.3B
eBay just reported first quarter earnings this afternoon, beating expectations. Non-GAAP earnings increased 11%, to $899 million or $0.70 per diluted share, over the prior year, driven by strong top line growth, says the company. Revenue for the first quarter increased 14% to $4.3 billion, compared to the same period in 2013 Read More
Twitter User Growth Accelerates To 5.8%, With 255M Monthly Users (And 78% Of Them On Mobile)
Twitter just released its earnings report for the first quarter of 2014, saying it has grown its monthly active user base to 255 million. Will that be enough to avert more awkward questions about growth during today’s analyst conference call? Well, maybe … but probably not. This means MAUs grew 5.8 percent quarter-over-quarter, which is an improvement compared to the end of 2013, when Twitter… Read More