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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.

China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion

 Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup. Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More

Posted on 27 April 2017 | 8:52 pm

New Zealand says teens watching Netflix’s “13 Reasons Why” must be supervised by an adult

 The New Zealand government has created a new rating for the Netflix series “13 Reasons Why” that says a parent or guardian must be present when it is viewed by teens under 18. Read More

Posted on 27 April 2017 | 7:53 pm

DJI adds much of Iraq and Syria to its list of no-fly zones for its drones

 Drone maker DJI has updated their software to turn huge expanses of Syria and Iraq into no-fly zones. DJI usually prevents users from navigating their drones over sensitive areas like military bases and airports, but its new no-fly zones cover a much wider breadth and includes most of the northern half of both countries (including the city of Mosul), according to DJI’s map. Read More

Posted on 27 April 2017 | 5:48 pm

Everfi raises $190 million to teach life skills and touchy subjects online

 EVERFI Inc. has raised $190 million in Series D funding to teach students online the life skills and touchy subject matter that they never learned in school. A sampling of courses offered by Everfi range from “Harassment Prevention Training” for the workforce, to “Alcohol EDU” for college students and “Vault Understanding Money” for fourth-, fifth- and… Read More

Posted on 27 April 2017 | 2:16 pm

Poshmark cash flow positive, on track for $100 million revenue

 Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017. The company also recently became cash flow positive, with profitability on an Ebitda basis. This is a commonly used, but adjusted… Read More

Posted on 27 April 2017 | 1:02 pm

More than 800 startups ask FCC chair to not kill net neutrality

 Today, FCC Chairman Ajit Pai released the broad strokes of his plan to abandon consumer protections to the benefit of large corporate players in the telecommunications industry. While major telecom companies are looking forward to Pai’s FCC makeover, the same can’t be said for everyone else in tech. After Pai’s announcement, a group of more than 800 names in tech sent Pai… Read More

Posted on 27 April 2017 | 12:55 pm

Sen. Schatz on FCC: ‘They have no idea how outraged people are about to be’

 FCC Chairman Ajit Pai stirred up the hive today with his official declaration of war on the net neutrality rules established in 2015. Reactions have been mixed — depending on whether the person represents the telecommunications industry or not. In the melee, I had a chance to talk with Senator Schatz (D-Hawaii) about the pronouncement. Read More

Posted on 27 April 2017 | 12:54 pm

Luxe to end door-to-door valet service, will launch “new service” this summer

 Luxe started as a company that promised to make parking in busy cities less awful with an app that summoned blue-jacketed, scooter-carrying valets to your location to whisk your car away until you needed it back. It seems they’re pivoting away from that initial vision. Users began receiving emails like the one below this afternoon, promising “a new service” by summer of… Read More

Posted on 27 April 2017 | 12:35 pm

Crunch Report | Instagram Grows To 700M Users

Crunch Report April 26 Today’s Stories  Instagram’s growth speeds up as it hits 700 million users Twitter desperately needed a hit first-quarter and somehow managed to deliver Amazon’s new Echo Look has a built-in camera for style selfies Uber is making it easier to see your rider rating Investor Chris Sacca is retiring from venture capital Credits Written and Hosted by: Anthony Ha Filmed… Read More

Posted on 27 April 2017 | 12:00 pm

Amazon’s camera-equipped Echo Look raises new questions about smart home privacy

 Given all of the security concerns raised by the rise of the Echo and other smart home hubs, Amazon surely knew that adding a camera to one of its devices was going to reinvigorate the privacy debate. After all, an always-listening microphone is one thing — the Echo Look, with a camera designed to sit in its owner’s bedroom, is another question entirely. Read More

Posted on 27 April 2017 | 11:47 am

Dropbox really wants us to know its finances are healthy

 Healthy financial milestones sugarcoat the conversation temporarily, but eventually Drew Houston is going to have to step into the public markets. At that point nobody will care how fast Dropbox grew its revenue back in the day. The question will be whether Dropbox is a company that can eventually sustain $10 billion in yearly revenue. Read More

Posted on 27 April 2017 | 10:30 am

The dark future of ‘The Handmaid’s Tale’ feels terrifyingly real

handmaids tale For the past few years, Hollywood has been enamored with dystopias pulled from young-adult fiction — stories like The Hunger Games and Divergent, where the evil government provides a structure for our heroes to rebel against, a set of villains for them to defeat. The Handmaid’s Tale is something else entirely. Read More

Posted on 27 April 2017 | 9:40 am

ChargePoint is ready for flying EVs

ChargePoint and Uber Elevate Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on flying vehicles, had partnered to prepare for just that exact scenario. Read More

Posted on 27 April 2017 | 8:51 am

PayPal shares up 7% after better-than-expected earnings

 PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More

Posted on 27 April 2017 | 8:24 am

Air Force launches bug bounty program

 The Air Force announced today that it will launch a bug bounty next month for several of its public-facing websites, allowing hackers to seek out vulnerabilities in the sites and exchange them for cash rewards. Read More

Posted on 27 April 2017 | 7:30 am

The FCC’s Myths vs. Facts sheet defending its plan to reverse net neutrality, annotated

 Immediately after FCC Chairman Pai announced his intention to remove the net neutrality rules set in place in 2015, the agency issued a little preemptive strike against detractors. “Internet Regulation: Myths vs. Facts.” I’ve annotated it with a few extra facts. Read More

Posted on 27 April 2017 | 7:28 am

Navdy’s aftermarket HUD proves a big in-car upgrade

 In-car navigation and infotainment options now abound, and more vehicles are shipping with support for native vehicle smartphone software from Apple and Google. But these all still prove distracting, and take your eyes away from the roadway, if only for a few brief seconds. Navdy’s dash-mounted aftermarket head-up display (HUD) is a solution to that problem. Read More

Posted on 27 April 2017 | 6:54 am

FCC details plan to roll back net neutrality rules

 FCC Chairman Ajit Pai, newly appointed by President Trump, announced his intention to rescind the net neutrality rules created by the agency’s 2015 Open Internet Order. He called the 2015 Open Internet Order “an aberration” that “puts the federal government at the center of the internet.” Read More

Posted on 27 April 2017 | 6:26 am

The first ever 4K video live stream from space left us wanting more

 If you tuned in to the AWS/NASA live stream from space that happened on Wednesday, then you already know: It looked very, very good. The 4K quality and relatively shallow depth of field made it feel like you were watching Chef’s Table on Netflix, rather than a live feed from a space station orbiting Earth around 220 miles above the planet. Astronauts Dr. Peggy Whitson and Jack Fischer… Read More

Posted on 27 April 2017 | 6:25 am

Slack’s diversity report reveals how many people with disabilities it employs

 Tech companies rarely, if ever, include information about how many people with disabilities they employ. Today, Slack is changing things up. Read More

Posted on 27 April 2017 | 6:00 am