For the past ten to fifteen years, a crop of newer brands have found themselves gobbling up marketshare via direct to consumer channels. Some offer a better value proposition on an existing product category, like Warby Parker and Casper, while others offer a reinvention of the category itself, like Outdoor Voices and Glossier. TomboyX, which […]

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Semmle, a startup that originally spun out of research at Oxford, announced a $21 million Series B investment today led by Accel Partners. It marked the second time Accel has led an investment in the company. Other investors include Work-Bench, Capital One, Credit Suisse, Google, Microsoft, NASA and Nasdaq Trust. Today’s investment brings the total […]

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Netflix is one of the highest-grossing apps on the iOS App Store, but it looks like the video streaming giant is contemplating how it might make an even bigger margin on its iPhone and iPad users. TechCrunch has learned and confirmed that Netflix, in its own words, is “testing the iTunes payment method” in 33 […]

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Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports at the beginning of this year suggested that the firm was shooting for a $1 billion fund, perhaps influenced by […]

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Southeast Asia’s venture capital space is booming right now. Openspace Ventures just announced the close of its newest $135 million fund, Golden Gate Ventures hit the first close on its upcoming $100 million vehicle, and a third Singapore-based fund is also raising big right now: Qualgro. Unlike others, Qualgro has operated relatively under the radar to […]

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Cootek, the Chinese mobile internet company best known for keyboard app TouchPal, has filed for a public offering in the United States. In its F-1 form, submitted last week to the Securities and Exchange Commission, Cootek said it wants to raise up to $100 million. The Shanghai-based company began operating in 2008, when TouchPal was […]

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From “cheese 2.0” to connecting flights for satellites, Y Combinator showed off a wide array of early stage startups fresh from its YC Summer 2018 batch. A total of 63 companies took to the stage in front of a full audience at the Computer History Museum today in Mountain View to pitch on-off switches for […]

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Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t yet complete. The rollout — first reported by MacRumors — follows limited trials at selected Costco outlets, including […]

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Stratolaunch, the commercial space firm founded by Paul Allen back in 2011, has revealed a bit more of its plan for taking payloads to orbit via one of the world's biggest planes. It's now working on a pair of its own rocket-powered launch vehicles, and is in the early phases of creating a reusable, crew-capable space plane.

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One Medical, the company hoping to disrupt the doctor’s office with concierge services, virtual visits and same-day appointments, is rumored to be in late-stage talks with the Carlyle Group for $200 million in funding, according to CNBC. The firm is also looking to buy an additional $100 million worth of shares from existing investors, according […]

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Google’s Unskippable Labs team has been testing ad effectiveness in a compelling new way: It created a fake pizza brand called Doctor Fork, used stock footage to create 33 ads and then served them up on YouTube and reached 20 million impressions. Ben Jones, creative director at Unskippable Labs, explained that there are certain axioms […]

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Twitch Prime, the perks program for Amazon Prime members offering free loot, games and other benefits, is ditching one of its best features: ad-free viewing. According to an email sent out to Amazon Prime members today, ad-free viewing will no longer be included as a part of Twitch Prime for new members, beginning on September […]

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Animoto, a cloud-based video maker service for social media sites, has revealed a data breach. The breach occurred on July 10 but was confirmed by the company in early August, and later reported to the California attorney general. Names, dates of birth and user email addresses were accessed by hackers, but the company said it […]

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Mike Rothenberg, infamous Silicon Valley venture capitalist and founder of Rothenberg Ventures, has been formally charged by the Securities and Exchange Commission for overcharging investors to fund personal projects. It’s important to note a formal charge is not proof of guilt and Rothenberg has not made any admission of guilt under these proceedings. However, Rothenberg […]

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Venezuela has just taken drastic and unprecedented steps to stabilize its currency as it grapples with hyperinflation and other economic issues. The country's currency has not only been massively devalued and renamed, but is now tied to a state-issued cryptocurrency called the Petro, which itself fluctuates based on oil prices. Hardly anyone knows what to expect out of this.

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