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If, say, a company uses both Sharepoint and Salesforce inside a mobile app, to get that data into one app they need multiple levels of API integration. Because of the enormous boom in mobile and tablet apps, so-called ‘back-end as a service’ (BaaS) platforms like FeedHenry – which solve these problems – are hugely expanding. Thus, today FeedHenry has secured $9M (?7M) in a funding round led by… → Read More
This is the ground floor of one of the electronics malls in Shenzhen’s famed Huaqiangbei district. Huaqiangbei is a stretch of large malls and shops in the Southern Chinese province, and due to its proximity to some of the manufacturing superfactories in the city, it has a cluster of malls that specializes in carrying tech goods. These electronics malls generally start out with booths on the… → Read More
China is investing $810 million into the development of Beidou (BDS), the navigation satellite system that it is positioning as a rival to the U.S.-developed GPS. According to China Daily, the money will be used to build an industrial park that will house 30 to 50 companies focused on developing an ecosystem for Beidou. Based in Tianjin, the industrial park is expected to welcome its first 20… → Read More
Peer-to-peer lending platform Lending Club is announcing a huge new investor today: Google. Google and existing investor Foundation Capital have put $125 million in Lending Club, which was valued at $1.55 billion in the round. As part of this investment Google will take an observer seat on the Lending Club Board alongside existing Board members including Kleiner Perkins’ Mary Meeker, ex-chairman… → Read More
I’ve found that when people visit San Francisco, it’s not unusual to hear them ask something like: “No seriously, is there a coffee shop on every block in this city?” Yes, San Francisco likes coffee. So do a lot of cities. Busy people thrive on coffee, especially in the tech industry. In fact, some would even say that a substantial amount of coffee is an essential ingredient to success. → Read More
Startups in the UK are upbeat about the future and usually more profitable (comparatively) than their US counterparts (which tend to focus on growth over revenues). But they find raising Series A money difficult, with 90% of entrepreneurs saying the UK fundraising environment is “challenging”. Those are the findings of a survey commissioned by Silicon Valley Bank (its first such) which has set up… → Read More
The champagne bottles are empty. The startups are packing up. TechCrunch Disrupt NY 2013 is a wrap, and it was a hell of a show. Enigma won the Startup Battlefield, taking home $50,000 and the Disrupt Cup. Ryan Lawler’s Urban Transportation panel was somehow more rowdy than Josh Constine’s talk with Rap Genius. Ashton Kutcher showed up and proved yet again his value as a Silicon Valley… → Read More
Ladies and gentlemen, we have a winner. This year’s crop of Disrupt NY Battlefield startups has been one of our strongest yet, but out of the 30 that entered the fray only seven would go on to the final round. HealthyOut, Enigma, Floored, Glide, HAN:DLE, SupplyShift, and Zenefits emerged from the pack as our seven finalists, and their respective teams were faced with another challenge. They… → Read More
Today, at TechCrunch Disrupt NY, Tumblr founder David Karp and Sequoia partner (and Tumblr investor) Roelof Botha took the stage to talk to TechCrunch founder Mike Arrington about how the blogging platform’s plans to take over the world. After a conversation about the merits of building a startup in New York City versus Silicon Valley, the talk turned to how Tumblr plans to monetize their… → Read More
“Happier, healthier,?more productive.” That was the goal of mobile app Astrid, and now Yahoo is taking up the mission as it’s just acquired the social productivity platform. Co-founded by a former Palantir engineer, Tim Su, AngelPad-backed Astrid says that it has four million users, who as of September 2012 logged 30 million plans on the platform. → Read More
Shakil Khan, an angel investor and advisor to Spotify, just launched Coindesk, a Bitcoin resource and news site, amid a boatload of hype and VC interest in the crypto-currency. Khan says Coindesk was a project he conceived of about four weeks ago, around when Bitcoin was surging to an all-time high. It’s now trading at around $124.38, or about half as much as it was trading at a few weeks… → Read More
Facebook says that there are no plans for now to add advertising to Instagram, even though advertisers are approaching them, CEO Mark Zuckerberg said today during the company’s Q1 earnings call. But adding ads could end up stunting Instagram’s rapid growth. He said, more than once during the call, that Instagram is currently growing at a faster rate than FB did at the same age, and it now has 100… → Read More
Take The H.E.L.M. 2.0 is a competition from the?New York City Economic Development Corporation that is designed to encourage tech startups and other fledgling companies to move their offices to lower Manhattan. They’re accepting applications today, and eventually the applicant pool will be narrowed down to 20 finalists that will compete for one of four grand prizes of $250,000 to assist… → Read More
Microsoft has released WebMatrix 3, the latest version of its free web development tool. The new version now comes with deeper Windows Azure integration and support for GitHub. WebMatrix users can now sign in through Windows Azure and create up to 10 sites for free. The capability means users can manage their sites locally or in Windows Azure. In WebMatrix 3, developers can do remote editing of… → Read More
Facebook app install ads were the star of Facebook’s earnings call today. Sheryl Sandberg said 3800 developers, including 40% of the top 100 iOS app developers, used the ads to drive over 25 million installs. Mark Zuckerberg meanwhile said, “We’re starting to see real revenue from selling mobile app installs.” → Read More
A lot of people don’t carry cameras anymore, now that they have smartphones. But that means that you could miss opportunities to capture great moments, especially when you’re missing out on the great optical zoom available on some more expensive or specialized dedicated camera devices. That’s what Snapzoom hopes to fix with its binocular mount for smartphone cameras, and the best part is that it’s… → Read More
Recently we’ve seen a lot of news articles about the potential for chat apps to take over the role of SMS. Analysts Informa recently came out with the research that suggested that 2012 was the tipping point, with nearly 19 billion messages sent over chat apps daily globally, versus 17.6 billion SMS messages. In 2014 some 21 billion SMS messages are predicated as against 50 billion app-based… → Read More
Apple’s iOS 7 will arrive “on time,” according to a couple of well-placed sources following a report from Bloomberg this morning that suggests it was risking delays in the face of major software changes. Apple blogger and noted beard-wearer Jim Dalrymple gave one of his famous one-word confirms today on his blog, agreeing with a source which told AllThingsD that while Apple has had to shift… → Read More
It appears that as people switch from the desktop where Facebook shows multiple ads per page to mobile, Facebook is earning less ad revenue per user in its most important markets. While user growth helped total revenue increase, in the US and Canada Facebook earned $2.85 on ads per user (ads ARPU) in Q1, down from $3.30 in the holiday Q4 2012, but also down from $2.87 in Q3. Another important stat… → Read More
Dogs, drones, and digital controllers, oh my! This year’s Disrupt conference in New York was full of amazing webs services and software, but Hardware Alley brought out the best in hardware startups and showed the world that hardware is finally serious business. → Read More
Almost one-third of Facebook’s advertising revenue is now coming from mobile platforms, according to the company’s latest earnings release. About $375 million of Facebook’s $1.25 billion in advertising revenue came from products like the company’s new mobile app install ads. That’s up from last quarter, when Facebook said it made 23 percent, or $305.9 million, from… → Read More
Yelp, the local online business and restaurant guide that first launched in the U.S. in 2004 and now lives in 21 countries and 12 languages, and has more than 100 million monthly unique visitors as of January this year, launched in New Zealand this morning. On the heels of bringing its review data to Kiwis and continuing its international expansion, Yelp announced its first quarter earnings at… → Read More
In Q4 of last year, Facebook’s mobile MAUs surpassed desktop for the first time in its history. That trend continued in Q1 2013 with 751M MAUs. This is what we learned with today’s release of Facebook’s Q1 results. Despite claims earlier this month, Facebook didn’t lose users, but gained 2M. Asia continues to be the largest area of user growth, according to the slides… → Read More
Facebook has just posted its earnings for the quarter that ended March 31, 2013. Facebook hit $1.46 billion in revenue up 38% from Q1 2012, beating Wall Street estimates of sales of $1.44 billion. Facebook reported earnings of $1.06 billion for the same quarter a year ago.?Earnings per shared missed estimates, staying flat at $0.12 (analysts had expected earnings per share of $0.13. Net income… → Read More
At TechCrunch Disrupt 2013 NY today, Tumblr founder David Karp and Sequoia partner Roelof Botha took the stage with TechCrunch founder Michael Arrington to discuss Tumblr’s history, the relationship between Karp as an entrepreneur and Botha as his investor and why New York is such a great city for a startup. The discussion really only got heated once Arrington started asking about New York… → Read More
Brian Pokorny, who recently rejoined SV Angel as a general partner, weighed in this afternoon on the future of a number of high-profile companies ― Facebook, Twitter, and Yahoo.
Pokorny was interviewed at Disrupt NY, where he was joined onstage by his partners David Lee and Ron Conway. When TechCrunch founder Michael Arrington asked them how they felt about Facebook and whether it was going… → Read More
Kickstarter-funded Bitponics was showing off its finished product at TechCrunch Disrupt NY’s Hardware Alley today in New York, which is shipping out to backers in the next few weeks according to company cofounder Michael Zick Doherty. The Bitponics system is a cloud-based hydroponic garden manager, complete with a web-based dashboard that’s accessible anywhere and can control every aspect crucial… → Read More
Dave Gilboa, co-founder at Warby Parker, one of the e-commerce startups that has “made it” so to speak, shared some stories from the startup’s early days on an afternoon panel at TechCrunch Disrupt NY 2013, where he was joined by?Everlane’s Michael Preysman, Nasty Gal’s Deborah Benton, Wanelo’s Deena Varshavkaya and moderated by TechCrunch co-editor?Alexia Tsotsis. Even… → Read More
Yesterday, Viddy filed a regulatory document with the US Securities and Exchange Comission that seemed to indicate that the Los Angeles-based video sharing startup had raised $2.85 million in new funds.
While cash infusions are always good things, that particular amount would be a big step down for Viddy in comparison to its frothy past — just a year ago, the company closed on a $30 million… → Read More
Michael Arrington began moderating a panel at Disrupt NY today with Ron Conway, David Lee, and Brian Pokorny of SV Angel by noting that he was “pissed off” by investor Chamath Palipitiya’s comments on Monday that startup quality is at an “all time low.”
“I don’t agree,” Lee said, explaining that he thinks the ideas in the last 12-18 months have been bigger and bolder than those before them. → Read More
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