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Financial comparison site CompareEuropeGroup scores $21M from Thiel, ACE and more
As consumers have shifted to the web to order and pay for services like broadband and insurance, price comparison sites have become one of the main ways that they search for the best deals to cover what they need. Today, one of the bigger companies in the space in Europe, CompareEuropeGroup, announced it has raised €20 million ($21 million) to expand and move ahead of the pack. The… Read More
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iZettle raises $63M more at a $500M valuation to expand from mobile payments
The world of mobile payments continues to consolidate and mature, and today one of the leading players among European mobile payments startups has raised a significant round of money to help keep itself on top. iZettle, the Swedish company that offers a card reader that works with your smartphone or tablet, plus a suite of financial services for the small businesses, is announcing that it… Read More
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Events app maker DoubleDutch downsizes again, lays off 40 percent of staff
DoubleDutch, a startup providing mobile apps and analytics for events and conferences is downsizing again. The company has just announced another round of layoffs, affecting roughly 40 percent its workforce, TechCrunch learned and DoubleDutch confirmed. Around 70 positions were eliminated, including those in senior leadership roles. DoubleDutch’s CFO, CCO, VP of Customer Success and… Read More
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The latest Windows 10 Creators Update preview gets a blue light mode and browser upgrades
Announced in October, Windows 10 Creators Update is still a ways off — slated to be released this spring – but Microsoft’s already testing new features galore by way of its Windows Insider preview. The latest edition includes a number of usual updates for the forthcoming OS that are shaping up to make a pretty compelling upgrade. On the list of new offerings in the latest… Read More
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Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba
Despite hiccups, Yahoo’s planned sale to Verizon appears to be moving forward — but some portions of the company will be left behind and renamed Altaba Inc.
Yahoo is hanging on to its 15 percent stake in Alibaba and its 35.5 percent stake in Yahoo Japan, and those assets will survive as an investment company under the new name Altaba Inc., as the rest of Yahoo integrates with Verizon. Read More
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Sources: Amazon quietly acquired AI security startup harvest.ai for around $20M
Amazon’s AWS cloud services division quietly acquired cyber security firm harvest.ai last year, TechCrunch has learned. Nvidia hits prime time at CES this year
What do you do when you rapidly become one of the most important chip manufacturers in the world and your stock price more than triples in a single year? For Nvidia, it means you throw a massive keynote stuffed with announcements that are setting the stage for a suite of products built around your core technology — building GPUs — that will make you the center of the… Read More
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CrowdAI sells artificial-intelligence-as-a-service
Computers aren’t blind, but they can’t see. They can detect objects, but must be trained to understand what those objects are. That takes two things: a ton of example data collected and organized by artificial intelligence and humans to accurately label and verify that data. Done right, this process can teach self-driving cars to avoid pedestrians, detect parking lot usage by… Read More
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Slack makes another 11 new investments in its Slack fund
As Slack’s rapid growth begins to slow a little bit, the company is looking to become a wider productivity platform — and that includes getting as many developers as it can building applications that can figure out new and unique use cases for it.
That’s part of the reason it established the Slack Fund, which makes investments in startups that are building tools on top of Slack. Read More
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Coca-Cola closes Founders startup incubator
After opening to much fanfare three years ago, Coca-Cola is shutting down The Founders program, according to a published report in Innovation Leader. Under this program, the company nurtured young startups, hoping to siphon some of that entrepreneurial energy and pass it along to the big lumbering corporation. Over the last several years, companies have recognized the need to innovate, and… Read More
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