Lyft has raised an additional $600 million in a Series I financing round led by Fidelity Management & Research Company, pushing its post-money valuation to $15.1 billion. The company’s value has more than doubled in the past 14 months. Senator Investment Group LP joined Fidelity in the capital raise. Fidelity has poured more than $800 […]
Microsoft today launched two new Azure regions in China. These new regions, China North 2 in Beijing and China East 2 in Shanghai, are now generally available and will complement the existing two regions Microsoft operates in the country (with the help of its local partner, 21Vianet). As the first international cloud provider in China when […]
It’s been an unexpectedly slack day for digital comms services. It’s not just workplace IM tool Slack suffering outages but end-to-end encrypted email service ProtonMail too. In the latter case, the company has blamed several hours’ worth of sporadic outages on a major DDoS attack. Our network has been under sustained attack this morning. We are […]
In 2010, the eyewear industry got its long-awaited new player. Warby Parker entered the market with a simple offering: stylish Rx glasses, bought online, for a reasonable price. While this sounds like a pretty obvious concept in 2018, the world of ecommerce was just beginning its insane growth streak back in 2010. And glasses, of […]
It’s not just Slack — there’s a Google Home and Chromecast outage, too. A Google spokesperson confirmed to TechCrunch that there’s an issue affecting “some” of its customers of these platforms, and it’s currently investigating the issue and working on a solution. The company declined to share other information about the nature of the outage […]
French startup Taster, formerly known as Mission Food, is building restaurants around big cities specifically for Deliveroo, UberEats and Glovo. These restaurants don’t have any tables, they’re all about serving food on online platforms. The startup just raised a $4 million funding round led by Sunstone Capital, with Global Founders Capital, Thierry Gillier and LocalGlobe […]
Hoodline continues to serve as a reliable source of neighborhood news for San Francisco and Oakland, but it’s also been building tools that help other publications supplement their local coverage. Earlier this year, the company launched a news wire that automates the creation of local news stories using online data sources like Yelp and Zumper. […]
Snap is seeking to explore new ground as it tries to outrun Instagram’s efforts to copy its features. Its newest effort may be building out a bona fide hub for gaming inside Snapchat, according to a new report from The Information. The platform will launch later this year, the report says, and Snap is already […]
Google has long been a member of the Linux Foundation, but at the relatively low Silver level. Today, the company is stepping up its commitment by becoming a Platinum sponsor — the highest level of membership the open-source nonprofit organization currently offers. Silver membership for large corporations run just under $100,000 per year, while Platinum […]
Those Galaxy Note 9 rumors have been coming fast and furious in recent weeks, and now we know why. Samsung just sent out invites for its next big event in New York City, and its beloved phablet seems all but guaranteed to show up. The timeframe certainly lines up. The pen-enabled device was first announced […]