Day: January 5, 2018

 Uber finally got its secondary transaction done with SoftBank buying about $8 billion worth of shares last month. Now we’re learning more about who sold what. It was already known that major shareholder Menlo Ventures was looking to sell shares, but we’re  hearing confirmation that it wagered the majority of its holdings and successfully sold close […]

 African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships and some surprise failures. Africa is fast becoming home to a dynamic tech sector. Here’s a snapshot of the news that shaped that transition over the […]

 Verizon (which owns this publication) announced today that it has acquired Niddel, a startup that bills itself as an autonomous threat detection service. The acquisition price was not disclosed. Niddel’s primary product, Niddel Magnet is a subscription service that uses machine learning to locate infected or compromised machines inside an organization. It works completely autonomously… […]

 As the New Year dawns, new opportunities are emerging for savvy venture capitalists in a number of different fields. From new companies building businesses based on the genome, to businesses built on the blockchain, distributed applications, teams, genes and geographies will shape the future of the venture capital industry. Read More Source: New feed

 Google today announced that it sold “tens of millions of Google devices for the home” over the course of the last year and that it sold “more than one Google Home device every second since Google Home Mini started shipping in October.” Read More Source: New feed

 Global app revenue climbed 35 percent in 2017 to reach nearly $60 billion, according to a new report today from app intelligence firm Sensor Tower, which measured paid apps, subscriptions, and in-app purchases across both Apple’s App Store and Google Play. However, Apple is the one pulling in the most revenue, the report found – […]

 Ahead of going public, Spotify Chief Content Officer Stefan Blom announced today he’s leaving the company, Recode first reported. “We are grateful for Stefan’s many contributions to the company over the years and we wish him the very best,” a Spotify spokesperson told TechCrunch. Read More Source: New feed

 G.E. Appliances (now a subsidiary of the Chinese appliance manufacturer Haier) is spinning out a crowd-sourced product development business as a service for corporate customers under the name Giddy. It’s the idea that won’t die — even though several of the companies that originally supported it have foundered over the years. Companies like Quirky and […]

 Amazon’s a la carte TV subscription service, Amazon Channels, just added another big name to its lineup. Today, Amazon and CBS announced that CBS’s over-the-top streaming service, CBS All Access – yes, the home to the new “Star Trek” – will now be available on Amazon Channels. However, only the higher-priced, $9.99/month commercial-free subscription will… […]

 Netflix’s original film Bright has been decimated by critics, but Darrell Etherington and Anthony Ha, the hosts of TechCrunch’s Original Content podcast enjoyed it — kind of? Maybe? As Darrell put it: “I don’t regret watching it.” To be clear, it’s a very silly movie, combining Lord of the Rings-style high fantasy with the kind […]