• The Mt.Gox Arrest Is The End Of The First Age Of Bitcoin

    The Mt.Gox Arrest Is The End Of The First Age Of Bitcoin

    The former head of bitcoin exchange Mt.Gox, Mark Karpeles, screwed a lot of early adopters. It is unclear at this point how much Karpeles allegedly lost or took, but the Japanese police are claiming he lost about $387 million while Mt.Gox was in business. While his inept management was inexcusable – according to Japan Times Karpeles apparently added millions in bitcoin to a live server… Read More

  • Snapdeal, One Of India’s Largest E-Commerce Players, Reportedly Gets $500M From Alibaba, Foxconn And SoftBank

    Snapdeal, One Of India’s Largest E-Commerce Players, Reportedly Gets $500M From Alibaba, Foxconn And SoftBank

    Snapdeal, one of India’s biggest e-commerce companies, has scooped up $500 million in funding from Alibaba, Foxconn and SoftBank, according to Re/code. The Wall Street Journal first reported in June that Alibaba and Foxconn were in talks to jointly invest $500 million in Snapdeal in June at about a $5 billion valuation. SoftBank was already Snapdeal’s largest shareholder, having… Read More

  • Nokia Sells HERE Mapping Business To Group Of European Car Makers For $3.07B

    Nokia Sells HERE Mapping Business To Group Of European Car Makers For $3.07B

    Nokia has announced that it has agreed to sell its HERE mapping business to a consortium of automobile makers for €2.8 billion ($3.07 billion), ending months of speculation over its future. The Finnish company confirmed that it will hand the business over to AUDI AG, BMW Group and Daimler AG (Mercedes) in a deal that is expected to close in the first quarter of next year. Read More

  • Drawing Lessons From July’s Jeep Hack Crunch Network

    Drawing Lessons From July’s Jeep Hack

    If you were anywhere near the internet in late July, you probably read the news: Charlie Miller and Chris Valasek, two security researchers who specialize in hacking cars, figured out how to remotely take control of a Jeep. They didn’t just take control of the vehicle from ten miles away— the hacking duo exploited a software flaw that shut down the Jeep’s engine while… Read More

  • Government Should Think Before Imposing Heavy Regulation On Fintech Crunch Network

    Government Should Think Before Imposing Heavy Regulation On Fintech

    On July 16, the U.S. Treasury Department finally made a move that many fintech professionals have expected – and some dreaded – for years. They issued a Request for Information (RFI) for online marketplaces. Their goal is to “allow policymakers to study the various business models and products offered by online marketplace lenders, the potential for online marketing lending… Read More

  • Ephemeral Vs. Perpetual Messaging: Thinking Outside The Timeline Crunch Network

    Ephemeral Vs. Perpetual Messaging: Thinking Outside The Timeline

    If you are following the battle of the short messaging systems, you might think it is a one-dimensional contest between the systems that maintain your chat history for all time – like Twitter and Facebook – and the so-called disappearing messengers – like Snapchat – where messages vanish after being read. Read More

  • BestTechie Founder Creates KYA Analytics To Provide A Better Understanding Of Your Audience

    BestTechie Founder Creates KYA Analytics To Provide A Better Understanding Of Your Audience

    The K-Y-A in KYA Anlytics stands for “Know Your Audience,” and founder and CEO Jeff Weisbein said that’s exactly what he’s trying to help online publishers do. Weisbein has been in those shoes himself, having created and run the tech site BestTechie for more than a decade (though he took some time away from it to work as an analyst at Mashwork, now known as Canvs.tv). Read More

  • Startups Rocket To The Front Of The Space Race Crunch Network

    Startups Rocket To The Front Of The Space Race

    Capitalizing on the falling cost of launch services and the miniaturization of satellites, a new breed of startups are gearing up for the space race under the moniker of NewSpace. At a recent conference in San Jose, Calif., leading figures in this NewSpace movement (a term used to describe the startups that stand in the shadows of space industry giants such as Boeing and Lockheed-Martin)… Read More

  • Your Banking Future And The Big Brother Fed Crunch Network

    Your Banking Future And The Big Brother Fed

    Manhattan, 2040: Alice wants to open an antiques store. Chelsea seems like a good location. She has to find 150 square meters to move the items that she has collected over the years, and to go on a tour of flea markets in Eastern Europe, her area of expertise. She needs to finance the imports. The problem? She doesn’t have enough money to get started. Read More

  • 10 Lab-Made Meats, Cheeses And Other Odd Startup Foods

    It’s still early days in the bacteria becomes our food production process. However, several Silicon Valley scientists are creating lab-grown edibles of the truly bizarre or mixing up animal substitutes based on some interesting ingredients. Here are 10 of them. Read More

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