• Safaricom launches innovation center to move beyond M-Pesa Crunch Network

    Safaricom launches innovation center to move beyond M-Pesa

    Safaricom, Kenya’s largest telecom company and provider of the nation’s mobile money service, M-Pesa, has launched a new innovation center in Nairobi. Named Safaricom Alpha, a priority of the incubator is to identify spending patterns on mPesa and turn those insights into additional Safaricom products — according to Chief Innovation Officer, Kamal… Read More

  • Tony Fadell’s newest product? An investing and advisory firm called Future Shape

    Tony Fadell’s newest product? An investing and advisory firm called Future Shape

    Tony Fadell is starting yet a new chapter. Fifteen months after leaving Nest Labs, a maker of digital thermostats and smoke detectors that Fadell cofounded and sold to Google for $3.2 billion in 2014, Fadell is taking the wraps off a new investment and advisory firm that’s working with engineers and scientists called Future Shape. The firm’s site, which appears to have gone live… Read More

  • Crunch Report | Snapchat Halloween Costume

    Duo Security raises $70 million, a close look at Apple’s self-driving car, Snapchat’s Halloween costume and Abu Dhabi’s state fund is doing business in San Francisco. All this on Crunch Report! Read More

  • This ultra-cute tiny PS4 controller is a great option for children and the small-handed

    This ultra-cute tiny PS4 controller is a great option for children and the small-handed

    If you like playing console games with the younger generation, you may have come across the issue of their tiny hands being unable to perform certain combos, reach certain buttons easily, and so on. While this makes them satisfying opponents, it might be better if they had a controller more suited to their physiology. Well, good thing there is one! Read More

  • MongoDB prices its IPO at $24 per share

    MongoDB prices its IPO at $24 per share

    MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $24 and raising $192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced software. MongoDB provides open-sourced database software that can be… Read More

  • Truffle now lets you share your food tips via iMessage

    Truffle now lets you share your food tips via iMessage

    While you’ve already got Yelp and other apps to help you figure out where to eat, Truffle is designed specifically for sharing recommendations with friends and other people you know. A new update should make that sharing even easier. The big addition is an iMessage app, which means (you guessed it) that Truffle is now integrated with iMessage. Read More

  • Coursera’s chief product officer just left to become a VC

    Coursera’s chief product officer just left to become a VC

    Tom Willerer, who has spent the last four years with the online education company Coursera — the last two as its chief product officer — is moving on from the outfit to become a venture capitalist. Specifically, Willerer is joining Venrock, a venture firm founded nearly 50 years ago to build off the successful investing activities of the Rockefeller family. Read More

  • Blue Apron is laying off hundreds of employees

    Blue Apron is laying off hundreds of employees

    As Blue Apron approaches its next earnings report in a couple of weeks, the company said Wednesday that it is laying off 6 percent of its staff as part of “a company-wide realignment of personnel to support its strategic priorities.” Blue Apron was one of the big — and most anticipated — consumer IPOs of the year, but it’s also now one of the companies that… Read More

  • eBay is having a pretty bad day

    eBay is having a pretty bad day

    eBay is not having a great afternoon after posting a pretty ho-hum third quarter that fit roughly in line with analyst estimates, but perhaps not seeing the kinds of leaps that Wall Street is looking for heading into the fourth quarter. The company said it added an additional 2 million active buyers and now says it has 168 million global active buyers. But even with buyer numbers as large as… Read More

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