Finance

  • Bitcoin 2.0 Crowdfunding Is Real Crowdfunding

    Bitcoin 2.0 Crowdfunding Is Real Crowdfunding

    In the past few months we’ve been hearing a lot about how bitcoin’s underlying technology is going to revolutionize not only our monetary system, but also notary services, DNS, authentication, intellectual property ownership and data storage. While most of the amazing products and services that were supposed to emerge on top of the bitcoin protocol have yet to see light… Read More

  • Google And Microsoft Battle For Market Cap Supremacy

    Google And Microsoft Battle For Market Cap Supremacy

    Update: Microsoft pulled it off, and at the time of writing (2:45 pm London, 9:45 am New York), Microsoft is worth more than Google. We’ll check back in at the end of the day: – Google and Microsoft are currently locked in a dogfight to be the second-most valuable technology company in the world. Following Google’s less-than-awesome earnings report, combined with a… Read More

  • Sequoia-Backed Behalf Buys Stuff For Small Businesses Looking To Grow

    Sequoia-Backed Behalf Buys Stuff For Small Businesses Looking To Grow

    Sequoia-backed Behalf offers small businesses loans of about $10,000 with interest rates “close to what someone with good credit would pay on their credit cards,” according to Behalf CEO Benjy Feinberg. Read More

  • Gaming Company Razer Is Now Valued At $1B+

    Gaming Company Razer Is Now Valued At $1B+

    Razer, the San Diego-based high-end gaming tech company, is on a roll. In the wake of the latest models of its thin Blade gaming laptops, a partnership with Tencent in China, and preparing for the sale of a new wearable, it has recently closed a round of funding with Intel on at least a $1 billion valuation. The details come by way of a leaked internal memo to staff that was passed… Read More

  • Moolah, The Divisive Startup Heavily Involved In The Dogecoin Community, Is Closing Down

    Moolah, The Divisive Startup Heavily Involved In The Dogecoin Community, Is Closing Down

    Moolah, a digital currency startup that had a particularly prominent role in the development and demise of dogecoin, has announced that it will shut down at the end of October. The company, which is just 10 months old and provides a range of services for virtual currencies like bitcoin and dogecoin — including a currency exchange — will close on October 31. Moolah says it will file… Read More

  • King Digital Falls To 50% Of Its IPO Price

    King Digital Falls To 50% Of Its IPO Price

    Today King Digital, progenitor and purveyor of the formerly ubiquitous game Candy Crush closed at $11.25. That figure is precisely half of its IPO price of $22.50 per share. The company fell in its first day of trading, and has had a rough life in the intervening period. Read More

  • Intel Reports Better-Than-Expected Q3 Revenue Of $14.55B On Strength Of Recovering PC Market

    Intel Reports Better-Than-Expected Q3 Revenue Of $14.55B On Strength Of Recovering PC Market

    Following the bell, Intel reported its third quarter financial performance, including revenue of $14.55 billion and earnings per share of $0.66. Analysts and the street had expected that Intel would earn $0.65 per share on total top line of $14.45 billion. In its sequentially preceding quarter, Intel earned $0.55 per share on revenue of $13.8 billion. The company’s revenue rose… Read More

  • Dorian Nakamoto Is Suing Newsweek

    Dorian Nakamoto Is Suing Newsweek

    Dorian Satoshi Nakamoto, the man Newsweek claimed was the mysterious founder of Bitcoin, has created a web page asking for donations in his fight to sue the magazine after he was allegedly “targeted and victimized by a reckless news organization.” Read More

  • Tech Stocks Show Weakness Amid Uncertain Global Economy

    Tech Stocks Show Weakness Amid Uncertain Global Economy

    Tech stocks fell sharply on Friday, setting a somber mood for the industry this weekend. The carnage was widespread, with giants taking a stumble — Microsoft, -3.97%; Google, 2.92%; Facebook, -3.95%; LinkedIn, -3.84%; Yahoo, -3.65%; and Alibaba, -3.28% — and newcomers joining in the general mayhem. MobileIron fell 6.92%. ZenDesk was off 8.06%. GoPro dropped 4.63%, Twitter fell… Read More

  • SoundCloud Posted A $29M Loss In 2013 On Revenues Of $14M

    SoundCloud Posted A $29M Loss In 2013 On Revenues Of $14M

    SoundCloud, the popular online music and audio sharing platform, is now exceeding 175 million listeners each month and is on track to reach 200 million. But its rapid growth has seen the company’s costs run away from its revenues. According to recent annual filings for 2013, Soundcloud posted turnover of €11.2 million ($14.1 million) in 2013, up 40% from 2012′s revenues… Read More

  • Stratos Raises $5.8M To Build An All-In-One Connected Credit Card

    Stratos Raises $5.8M To Build An All-In-One Connected Credit Card

    Meet Stratos, another startup aiming to disrupt the staid credit card industry by building and producing an all-in-one, connected credit card. The Michigan-based company recently announced its $5.8 million in funding and is charging forward with manufacturing. Read More

  • Join Coinbase CEO Brian Armstrong In Two Weeks At Disrupt Europe

    Join Coinbase CEO Brian Armstrong In Two Weeks At Disrupt Europe

    Bitcoin is a global phenomenon, growing from mathematical curiosity to possible threat to the world’s currency system in a few short years. Coinbase has recently been at the center of the bitcoin boom. Flush with more than $30 million in venture capital, the company has big plans. Joining the TechCrunch crew at Disrupt London 2014 in under two weeks is Coinbase CEO Brian Armstrong. Read More

  • Waze Co-Founder Uri Levine Will Tell TechCrunch Disrupt London Why He Ditched Google

    Waze Co-Founder Uri Levine Will Tell TechCrunch Disrupt London Why He Ditched Google

    Working at Google after your company was bought for $1 billion seems like a pretty sweet gig, but not to Waze co-founder Uri Levine. So at this year’s TechCrunch Disrupt Europe in London, I’ll ask Levine why he left Google to work on his new startup. What was it like being gobbled up by the search giant? How did Waze handle the negotiations, bidding war, and “leaks” to… Read More

  • Cash Out Your Startup Early

    Battery East Group Wants To Help Early Shareholders Cash Out As Startups Put Off IPOs

    The Battery East Group is a small confab in San Francisco that specializes in secondary offerings, the sale of stock from inside shareholders, early employees and the like that want malleability for their equity before a traditional liquidity event. In human terms, it means that the Group helps people sell their startup stock either before their company goes public or is purchased by a… Read More

  • HubSpot Spikes 20% Over Its IPO Price In Strong Debut

    HubSpot Spikes 20% Over Its IPO Price In Strong Debut

    HubSpot is having a hell of day. After raising its IPO price range, the company pulled the trigger above that level, selling its shares for $25 each. That’s a far cry from the original low-end of its first proposed price range of $19. The markets welcomed the company’s offering, pushing its shares up more than 20 percent at the time of writing. Yahoo Finance lists… Read More

  • Activist Investor Carl Icahn Asks Apple To Speed Up Share Repurchase Program

    Activist Investor Carl Icahn Asks Apple To Speed Up Share Repurchase Program

    Apple CEO Tim Cook received another letter from activist investor Carl Icahn today, which marks the second time the shareholder has lobbied Apple to step up its repurchase program. The letter details the request at length, commending Apple on its recent iPhone 6 launch and Cook on his leadership, but asks Apple to “meaningfully accelerate and increase the magnitude of share… Read More

  • Micro-Investment Platform Acorns Lands On Android

    Micro-Investment Platform Acorns Lands On Android

    Acorns, the micro-investment platform that lets users save for their future, has today launched on Android. Acorns simply connects into your credit and debit cards and invests the change from each purchase (rounding up to the next dollar) into an investment portfolio. You can choose between five different risk options, from aggressive to conservative, and watch how your investments are… Read More

  • Plastc Launches A Coin Competitor As The Smart Card Market Heats Up

    Plastc Launches A Coin Competitor As The Smart Card Market Heats Up

    Two serial entrepreneurs have launched Plastc, a competitor to the digital smart card Coin, as the market for new payment technologies gets increasingly crowded. The two companies are vying for market share just as the Apple Pay release casts a huge shadow over the entire payments industry. But can one consumer technology company really change user behavior so drastically and so completely on… Read More

  • Blockchain Goes From Bootstrapping To Scoring $30 Million

    Blockchain Goes From Bootstrapping To Scoring $30 Million

    Here comes another mega funding round in the bitcoin space. The world’s largest bitcoin wallet provider, Blockchain, has been a bootstrapped startup so far. But the startup eventually accepted VC money, raising a little bit over $30 million from Lightspeed Venture Partners, Wicklow Capital and others. Read More

  • What Is Happening To Bitcoin Right Now?

    What Is Happening To Bitcoin Right Now?

    We’re back, baby! Almost! After a precipitous drop to below $300 over the weekend, the price of Bitcoin is slowly inching up this afternoon after an interesting 31,000 BTC sell-off that blew up the market early this morning. The “wall,” which appears to have been instigated by a single Bitcoin owner or a group which they’re calling the “Bitcoin Whale,”… Read More