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Chipper Cash convinces Joe Montana to invest in African fintech

The African no-fee, cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital. The payments company also persuaded 500 Startups and Liquid 2 Ventures — co

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including

Drone delivery startup Zipline launches UAV medical program in Ghana

Zipline, the San Francisco-based UAV manufacturer and logistics services provider, has launched a program in Ghana today for drone delivery of medical supplies. Working with the Ghanaian government, Z

Caterina Fake is known for her trend-spotting; here’s some of what she’s chasing now

Roughly a year ago, entrepreneurs Caterina Fake and Jyri Engeström decided to form a traditional venture outfit called Yes VC. Fast forward, and the duo has nearly closed on $50 million for their deb

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down

Bye-bye, Altaba . The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. The en

Google makes emails more dynamic with AMP for Email

Google today officially launched AMP for Email, its effort to turn emails from static documents into dynamic, web page-like experiences. AMP for Email is coming to Gmail, but other major email provide

Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than $60 million

Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million. The Wall Street Journal calculated the total amount based on a securities filing from l

EU gov’t and public health sites are lousy with adtech, study finds

A study of tracking cookies running on government and public sector health websites in the European Union has found commercial adtech to be operating pervasively even in what should be core not-for-pr

China’s Qutoutiao is burning millions of dollars to take on TikTok parent

Chinese startup ByteDance is finding itself surrounded by challengers as its empire of new media products, including global video app TikTok and Chinese news aggregator Jinri Toutiao, gather steam. Te

After more than 10 years, Flickr frees its login system from Yahoo

Bill Gates-backed Vicarious Surgical adds a virtual reality twist to robots in the operating room

In an operating room in rural Idaho, doctors prep a patient for surgery. They make a tiny, thumb-sized incision into the patient and insert a small robot while across the country a surgeon puts on a v

Startups Weekly: Is Munchery the Fyre Festival of startups?

Munchery goes under, a new podcast documents the Theranos saga, experts explain direct listings and more.

Facebook agrees to do more to tackle scam ads after celebrity defamation lawsuit

Facebook has agreed to plough more resource into combating the use of its advertising platform by scammers, saying it will do more to tackle scam ads that use well-known public figures to try to trick

Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar comp

How open-source software took over the world

It was just five years ago that there was an ample dose of skepticism from investors about the viability of open source as a business model. Fast-forward to today and we’ve witnessed the growing e

Apple’s increasingly tricky international trade-offs

Far from Apple’s troubles in emerging markets and China, the company is attracting the ire of what should really be a core supporter demographic naturally aligned with the pro-privacy stance CEO

With trust destroyed, Facebook is haunted by old data deals

As Facebook colonized the rest of the web with its functionality in hopes of fueling user growth, it built aggressive integrations with partners that are coming under newfound scrutiny through a deepl

HQ Trivia and Vine co-founder Colin Kroll found dead of suspected overdose

Colin Kroll, the 34-year-old co-founder and CEO of the HQ Trivia app, has been found dead of an apparent drug overdose in his apartment, TechCrunch has confirmed. A spokesman for the NYPD told us that

Google has acquired one of India’s most popular train-tracking apps

Google is increasing its efforts in India after it snapped up the team behind popular transportation app “Where is my Train.” The app claims 10 million registered users and, as the name su

Farmstead is an ambitious grocery delivery startup with plans to defeat Instacart

The Y Combinator graduate has raised $2.2 million for its AI-powered Bay Area grocery delivery service.
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