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Facebook beats in Q2 with $9.32B revenue despite slower user growth
Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue is slowing down as Facebook warned investors that it was running out of space to show ads in the News… Read More
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PayPal growing faster than expected
Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3% from last year. Adjusting earnings per share (excluding one-time expenses) also beat Wall Street’s predictions, at 46 cents, instead of 43… Read More
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Facebook’s CSO: the security industry needs to change
Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences, the fanciest of which ($2800 at the door) is called Black Hat. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a… Read More
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The CRISPR patent battle is back on as UC Berkeley files an appeal
The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that ruled in the Broad Institute of MIT and Harvard’s favor last earlier this year. Last year, the U.S. Patent Office started looking into whether or not the Broad Institute had the right to a separate patent for CRISPR-Cas9, which allowed for human use of the technology. Berkeley… Read More
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Bullish: Increasing access to technology for blind people
Technology can be central to the lives of the 285 million people in the world who are blind or visually impaired, as long as they know how to use it. That’s where Erin Lauridsen, access technology director at LightHouse for the Blind and Visually Impaired, comes in. In her role, Lauridsen helps ensure people who are blind and visually impaired “know how to access all of the… Read More
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The IPO market in 2017? Underwhelming so far, underscores a new survey
The IPO market isn’t looking much more vibrant than last year, underscores a new survey. That could be discouraging for those who hoped a blah year would lead to a booming one. In fact, unless the fall is an especially active time for IPOs — and it might be — 2017 may well serve as one of the less memorable years in recent history. Read More
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Tech leaders respond to Trump’s ban of transgender people in the military
With Obamacare reform back from the dead and wending its way toward a substantive vote, the Trump administration has decided that two massive national policy controversies are better than one. In a set of tweets this morning, President Trump announced that he is banning transgender individuals from serving in any capacity in the U.S. military. The decision, if implemented, would reverse an… Read More
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Judge rules Anthony Levandowski can be called to testify in Uber/Waymo trial
In the latest hearing to define the scope of the upcoming trial between self-driving technology rivals Waymo and Uber, District Judge William Alsup said Anthony Levandowski, the star engineer at the center of the affair, could be called to testify in court. Read More
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Twitter adds updates about interesting links, trends and accounts to its Notifications tab
Your Notifications tab on Twitter might be getting a little more busy. The company recently added a new feature to this section on both mobile and web, which aims to clue you into what people you follow are up to – including whether they’re tweeting about a particular Twitter trend, sharing a link to a buzzing news article, or even following another user’s account. If this… Read More
Latest TC Videos
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Crunch Network
Is the US Supreme Court decision regarding uniforms worth cheering for?
Imagine a Warhol painting. It’s an original work of art, protected by copyright. Now, imagine the painting printed on a shirt. Is it still a copyrightable work? Absolutely. Now, imagine the shirt came first. If you could magically remove the design to a canvas, would you still have a functional shirt? Of course. Read More
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9GAG CEO Ray Chan: ‘Building a healthy community is a never-ending battle’
If you enjoy getting lost in memes and social media, you’ve undoubtedly stumbled across 9GAG at some point. 9GAG is a Hong Kong-based site that hosts and distributes funny pictures, videos and memes. Read More
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Google launches its own AI Studio to foster machine intelligence startups
A new week brings a fresh Google initiative targeting AI startups. We started the month with the announcement of Gradient Ventures, Google’s on-balance sheet AI investment vehicle. Two days later we watched the finalists of Google Cloud’s machine learning competition pitch to a panel of top AI investors. And today, Google’s Launchpad is announcing a new hands-on Studio program… Read More
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Apple or Foxconn could be building factories in the US — or maybe not
President Donald Trump surprised everyone yesterday when he told the Wall Street Journal that Apple CEO Tim Cook told him Apple would build three factories in the U.S. It’s worth quoting Trump on this one: “I spoke to [Tim Cook], he’s promised me three big plants — big, big, big,” he told the WSJ. “I said you know, Tim, unless you start building your plants… Read More
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Smallest spacecraft ever launched make it to low-earth orbit
Working prototype versions of the smallest spacecraft ever conceived made it to orbit last month, hitching a ride aboard the Max Valier and Venta satellites operated by OHB System and launched into orbit by the Indian Space Research Organization (ISRO). The tiny ‘Sprite’ spacecraft, created by the Breakthrough Starshot program and funded through a 2011 Kickstarter campaign… Read More
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Stripe acquires Payable to help on-demand businesses manage 1099 tax reporting
With its Stripe Connect product, Stripe wants to make it easier for on-demand and marketplace businesses to not only process payments from their customers, but also make payments to contractors and vendors. In an effort to bolster the tax reporting tools available to them, the company has acquired long-term partner Payable. Read More
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Airbnb has a new revenue-sharing deal with the NAACP
Airbnb has partnered with the NAACP to bring economic opportunities to people of color. Through the partnership, which includes a revenue-sharing agreement, Airbnb and the NAACP will reach out to communities of color about the benefits of sharing their homes on Airbnb. Read More
Recent Funding Data by
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Portion
- Not available Angel
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Group K Diagnostics
- Not available Seed
- HQ: Not available
- Categories: Health Diagnostics
- Investors: Not available
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Citus Health
- Not available Seed
- HQ: New York, New York
- Categories: Health Care
- Investors: Not available
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Marmo Health
- $50K Seed
- HQ: London, England
- Categories: Health Care
- Investors: Not available
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Premy
- Not available Angel
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Limitless
- 60K EUR Angel
- HQ: Not available
- Categories: Not available
- Investors: Not available
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doogy AS
- 2.0M NOK Angel
- HQ: Oslo, Oslo
- Categories: Not available
- Investors: Not available
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NANO Security Ltd
- Not available Venture
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Cosme Hunt
- Not available Seed
- HQ: San Francisco, California
- Categories: Beauty, Shopping, Shopping Mall, Cosmetics
- Investors: Not available
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BrandTotal
- $2.0M Seed
- HQ: Tel Aviv, Tel Aviv
- Categories: Not available
- Investors: Not available
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Aiqudo
- $5.2M Venture
- HQ: California City, California
- Categories: Apps
- Investors: Not available
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Xchime
- $106K Product Crowdfunding
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Elimu Digital Media
- $100K Grant
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Thinkerbell Labs
- 13M INR Angel
- HQ: Not available
- Categories: Not available
- Investors: Not available
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Signature Medical
- $2.5M Series A
- HQ: Not available
- Categories: Not available
- Investors: Not available
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KinChip Systems
- $700K Seed
- HQ: Claremont, Western Australia
- Categories: Not available
- Investors: Not available
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Corvi LED Light
- $10M Round
- HQ: Not available
- Categories: Not available
- Investors: Not available
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The iStartup
- Not available Angel
- HQ: Not available
- Categories: Advertising
- Investors: Not available
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WalkMe
- $75M Series E
- HQ: San Francisco, California
- Categories: Enterprise Software, SaaS, Internet, Customer Service
- Investors: Not available
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Dreamleague Gaming
- Not available Seed
- HQ: Pasadena, California
- Categories: Not available
- Investors: Not available
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USA Technologies
- $43M Post IPO Equity
- HQ: Malvern, Pennsylvania
- Categories: Payments, Internet of Things, E-Commerce, Wireless, Information Technology ... See More
- Investors: Not available
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KRY
- $20M Series A
- HQ: Stockholm, Stockholms Lan
- Categories: Health Care, Biopharma, Hospital, Medical Device
- Investors: Not available
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4Suites
- $435K Angel
- HQ: Not available
- Categories: Real Estate, Hotel, Hospitality, Mobile
- Investors: Not available
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oragenics
- $3.0M Post IPO Equity
- HQ: Tampa, Florida
- Categories: Biotechnology, Pharmaceutical, Therapeutics
- Investors: Not available
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Cleo
- 2.0M GBP Seed
- HQ: London, England
- Categories: Artificial Intelligence, FinTech, Finance
- Investors: Not available
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Rebagg
- $16M Series B
- HQ: New City, New York
- Categories: E-Commerce, Retail, Fashion
- Investors: Not available
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Tine Health
- Not available Seed
- HQ: San Francisco, California
- Categories: Health Care, Augmented Reality, SaaS, Enterprise Software
- Investors: Not available
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Fabhotels
- $25M Series B
- HQ: Gurgaon, Haryana
- Categories: Hotel, E-Commerce, Hospitality, Travel Accommodations
- Investors: Not available
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Somatik inc.
- $0K Private Equity
- HQ: Oakland, California
- Categories: Not available
- Investors: Not available
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Minka
- Not available Seed
- HQ: Bogotá, Distrito Especial
- Categories: Venture Capital, FinTech
- Investors: Not available
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