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Sony’s profit drops 84% to $169M as film business takes $920M write-down
Sony’s PlayStation business was one of a few bright spots from its latest financial report, which was over-shadowed by a near-billion dollar write-down for its film business. The Japanese tech giant posted a 19.6 billion JPY ($169 million) profit on revenue of 2,397.5 billion JPY ($20.7 billion) for Q3. Revenue was down seven percent year-on-year, but net profit sunk by 84 percent… Read More
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Uber bows to government pressure and suspends its service in Taiwan
Uber is suspending its service in Taiwan following an ongoing stand-off with the government. The ride-sharing firm confirmed in a blog post that its service will be “paused” from February 12. Uber isn’t saying when it will resume in the country, where it is present in four cities, but it hopes that the move will “reset the conversation” and help push through… Read More
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Grab is investing $100M in startups to help it battle Uber in Southeast Asia
Grab is upping its battle against Uber in Southeast Asia by announcing a flurry of new initiatives in Indonesia, the region’s largest economy and world’s fourth most populous country, which include setting aside $100 million to invest in startups. Today the Singapore-based company, which is valued at $3 billion and claims 33 million downloads, announced what it is dubbing… Read More
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Crunch Report | Kickstarter Acquires Huzza
Kickstarter acquires video streaming company Huzza, Amazon is planning to build a $1.5 billion air cargo hub and MIT creates a robot with a soft touch. All this on Crunch Report. Read More
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Report: Pokémon Go has now crossed $1 billion in revenue
Pokémon Go was 2016’s rocket ship — it broke download records and it raced to $500 million in revenue quicker than any app in history. Now it won yet another accolade, the fastest game to reach $1 billion. That’s according to a new report from app analytics firm Sensor Tower. To give the record some context, a recent App Annie report estimated that iOS and Android… Read More
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Salesforce acquires Sequence to build out its UX design services
Salesforce has made another acquisition that underscores how the CRM and cloud software giant is looking to sell more services to its customers that complement the software they are already buying. It has acquired Sequence, a user experience design agency based out of San Francisco and New York that works with brands like Best Buy, Peets, Apple, Google and many more. The news was announced… Read More
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AccessMap finds routes that avoid common pitfalls for those with limited mobility
If you ask a mapping app for walking directions from point A to point B, it’ll do its best, but what if you happen to be in a wheelchair? The apps don’t have information on curb cuts, safe crossings, construction sites that interrupt sidewalks and so on. AccessMap attempts to address this shortcoming, and now offers route-finding in Seattle that takes into account the… Read More
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GoldenKey raises $1.75M as it works to unbundle the real estate industry
GoldenKey, which was previously known as SoloPro, wants to change how real estate agents and their clients do business. Typically, as a buyer or seller, you work with one agent, who then gets a 3 percent commission once you buy or sell your home. GoldenKey puts a different spin on this. Instead of a commission, you pay an agent a flat fee for the services you need and get a 3 percent rebate… Read More
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H&R Block is now using IBM Watson to find tax deductions
Getting your taxes done is miserable. It’s complicated, time-consuming and costly — particularly for people whose financial situation requires them to seek help from tax professionals. The process is such a mess, even for said professionals, that H&R Block, one of the largest tax services providers, is partnering with IBM Watson to help make the process go more smoothly. Read More
Latest videos Latest videos
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Instagram testing multi-photo album posts
Sometimes when you’re looking at your Instagram selects and you can’t quite decide between a few options, or when you want to post something from your trip but also don’t want to overwhelm your followers with a bunch of different pictures in a row, you feel keenly the absence of the ability to post a gallery as a single update. Especially if you’ve seen ads that feature… Read More
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Bat Bot is the biomimetic flying soft robot we deserve
If you’ve ever seen a bat in flight, you know how impressive their aerial acrobatics can be — so impressive that we have yet to successfully imitate it the way we have with locomotion or even bird flight. This impressive new flying robot is the best attempt yet, though it’s still a long way from the “unrivaled agility” of the real thing. Read More
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Facebook plans to be more like YouTube than Netflix as it pays for video
“We’re focusing more on shorter form content to start” Facebook CEO Mark Zuckerberg said on today’s Q4 earnings call, where he was repeatedly questioned about Facebook’s video strategy. One thing’s clear, Facebook will invest heavily. “I see video as a mega trend,” said Zuckerberg. Facebook will both pay video makers up front and through ad… Read More
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400M people use Facebook Messenger audio and video calling each month
Facebook’s push for video goes well beyond the News Feed. On today’s earnings call, Mark Zuckerberg said 400 million people are making audio and video calls each month, up swiftly from 300 million in just September. That’s partly thanks to the December launch of multi-screen group video chat that looks similar to fast-rising startup Houseparty. Messenger is starting to become… Read More
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How Facebook plans to evaluate its quest for generalized artificial intelligence
One of the biggest misconceptions about artificial intelligence is the belief that today’s AIs possess generalized intelligence. We are really good at leveraging large data sets to accomplish specific tasks, but fall flat at replicating the breadth of human intelligence. If we’re going to move toward generalized intelligence, Facebook wants to make sure we know how to… Read More
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ClearMotion lands $100M to swap software for car shocks and boost self-driving UX
ClearMotion, a company that’s building an alternative chassis for vehicle makers that replaces traditional physical shock absorbers with digital, software-driven adaptive actuators, has readied $100 million in a Series C round, led by a group of clients advised by J.P. Morgan’s asset management wing and with participation from NEA, Qualcomm Ventures and more. The company claims to… Read More
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Facebook beats in Q4 with $8.81B revenue, slower growth to 1.86B users
Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS. It pulled that from 1.86 billion monthly users, up 3.91 percent this quarter, or 70 million users, from 1.79 billion, but at a slower pace than its 4.67 percent growth last quarter. Mobile now makes up 84 percent of its ad revenue, the same as last quarter, accounting for $7.248 billion… Read More
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SoFi buys Zenbanx to offer banking and money transfer services to its users
Online lending firm SoFi announced today that it has acquired Zenbanx, a startup that offers banking, debit, payments and money transfer services to users online and through a mobile app. The combination of the two will allow SoFi to move deeper into the financial lives of its customers. While today it focuses on student-loan refinancing, mortgages and personal loans, integrating Zenbanx… Read More
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ForeScout Technologies filed confidentially for IPO
ForeScout has filed confidentially for an IPO, TechCrunch has confirmed. The security company has submitted its S-1 and will be unveiling it to the public closer to its debut. The IPO is likely to happen in the next few months, with an exact date yet-to-be-determined. The JOBS Act from 2012 made it so that the companies could work on revisions to their filings without public scrutiny. It has… Read More
Recent Funding Data by
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Notesgen
- 10M INR Angel
- HQ: New Delhi, Delhi
- Categories: Enterprise Software, EdTech, Education
- Investors: Not available
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AIM (Automated Investment Management)
- $1.6M Seed
- HQ: Not available
- Categories: Finance, Financial Services, Incubators
- Investors: Not available
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Tripaneer
- Not available Venture
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Entellus Medical
- $40M Post IPO Equity
- HQ: Plymouth, Minnesota
- Categories: Medical Device, Medical, Biotechnology, Health Care
- Investors: Not available
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The Electrospinning Company
- 650K GBP Angel
- HQ: Oxton, York
- Categories: 3D Technology, Nanotechnology, Manufacturing
- Investors: Not available
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SQR Systems
- Not available Angel
- HQ: London, England
- Categories: Mobile Apps, Internet of Things, Enterprise Software, Information ... See More
- Investors: Not available
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PATH
- $25M Venture
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Travauxlib
- Not available Seed
- HQ: Not available
- Categories: Marketplace, Construction, SaaS
- Investors: Not available
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Blazing Griffin
- 5.0M GBP Series A
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Cupcake Entertainment
- $1.0M Seed
- HQ: Porto Alegre, Rio Grande do Sul
- Categories: Mobile, Casual Games
- Investors: Not available
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Gradiant Energy Services
- Not available Venture
- HQ: Not available
- Categories: Not available
- Investors: Not available
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PointClickCare
- 111M CAD Round
- HQ: Mississauga, Ontario
- Categories: SaaS, Web Browsers, Enterprise Software
- Investors: Not available
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Telegnos
- Not available Convertible Note
- HQ: Alameda, California
- Categories: Marine Transportation, Information Technology
- Investors: Not available
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Usono
- 176K EUR Seed
- HQ: Not available
- Categories: Medical Device
- Investors: Not available
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Red Tulip Systems
- 300K EUR Venture
- HQ: Amsterdam, Noord-Holland
- Categories: Information Technology, Identity Management
- Investors: Not available
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BuyerQuest
- $4.0M Venture
- HQ: Cleveland, Ohio
- Categories: Procurement, Enterprise Software, Cloud Infrastructure, SaaS
- Investors: Not available
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Cannabi-Tech
- $1.0M Seed
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Anyone's Learning Experience (ALEX)
- $10K Grant
- HQ: Cambridge, Massachusetts
- Categories: Professional Services, Higher Education, Marketplace
- Investors: Not available
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Enerwhere
- 1.0M AED Equity Crowdfunding
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Credit Engine
- 110M JPY Seed
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Immunic AG
- 4.0M EUR Series A
- HQ: Martinsried, Bayern
- Categories: Therapeutics
- Investors: Not available
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ActionBar
- Not available Angel
- HQ: Tel Aviv, Tel Aviv
- Categories: SaaS
- Investors: Not available
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Knowledge to Practice
- $6.5M Series A
- HQ: Bethesda, Maryland
- Categories: Medical, Education, Information Technology
- Investors: Not available
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Osmo Systems
- Not available Convertible Note
- HQ: Not available
- Categories: Test and Measurement, Farming, Hydroponics, Agriculture
- Investors: Not available
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VisCardia
- $12M Series B
- HQ: Beaverton, Oregon
- Categories: Medical, Health Care, Medical Device
- Investors: Not available
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Veson Nautical
- Not available Private Equity
- HQ: Boston, Massachusetts
- Categories: Not available
- Investors: Not available
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SIM Partners
- $5.0M Series B
- HQ: Chicago, Illinois
- Categories: SaaS, Local, Mobile, Social Media Marketing, Search Engine
- Investors: Not available
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Pubinno
- $185K Convertible Note
- HQ: San Francisco, California
- Categories: Hardware, Restaurants, Food and Beverage, Robotics, Internet of Things
- Investors: Not available
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SidekickHealth
- $1.5M Venture
- HQ: Not available
- Categories: Medical, Mobile, Health Diagnostics
- Investors: Not available
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onTracks
- Not available Angel
- HQ: Marseille, Provence-Alpes-Cote d'Azur
- Categories: Enterprise Software, Enterprise Applications, Service Industry
- Investors: Not available