Month: September 2018

Move over stickers and games: Japanese messaging app firm Line has announced it’s raising around 148.1 billion yen ($1.33BN) through convertible bonds to fund aggressive expansion into the financial services business, Reuters reports. Line said it plans to spend most of the money on promoting its Line Pay service and for other new financial services
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Tresorit, the Swiss-Hungarian company that provides end-to-end encrypted “file sync and sharing” for businesses, has closed €11.5 million in Series B financing. The round is led by European growth capital investor 3TS Capital Partners, alongside PortfoLion, a Central European venture capital. A number of existing investors also participated, such as Andreas Kemi, an early investor
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Tencent-backed Maoyan Weiying, China’s largest online movie ticketing service, has filed for a public offering on the Hong Kong stock exchange. The company, which submitted a prospectus under the name Entertainment Plus, didn’t say when the IPO will be or valuation details, but reports earlier this year said Maoyan aims to raise up to $1
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Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing competition from Alibaba are already raising questions about whether that is too ambitious, despite the company’s market leadership in China. Meituan-Dianping, which bills itself as a “one-stop super app” that
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Just about a month after the merger of the short-form video apps Musical.ly and TikTok, the app is introducing a new social feature, allowing users to post their reactions to the videos that they watch. Instead of text comments, these reactions will take the form of videos that are essentially superimposed on top of existing
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As cryptocurrencies emerge from the speculative bloodletting of the past months, believers in the promise of distributed ledger technologies for business and consumer applications are casting about for what comes next. On our stage at Disrupt San Francisco we’ll be welcoming some of the leading thinkers in how distributed ledgers can create an entirely new
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Editor’s note: This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter’s independently chosen editorial picks, Wirecutter and TechCrunch may earn affiliate commissions. Headphones keep us connected to our favorite music, podcasts, and audiobooks. They make sure we don’t drop an important phone call. As our devices ditch the headphone jack
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Countingup, the U.K. fintech that provides a business bank account that combines bookkeeping, has raised £2.3 million in seed funding. Leading the round is Forward Partners, with participation from previous backer Frontline Ventures, and JamJar Investments. Founded last year by Tim Fouracre, who previously founded cloud accounting software Clear Books, Countingup wants to simplify the
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Few would equate human life with battery life, but for many migrants escaping war or famine, a single percentage point of battery can mean getting the right information at the right time – or not surviving at all. Smartphones today have become an integral part of a forced migrant’s journey. From navigating mountains in Central
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Starry wants to change the way the home internet is delivered. Founded in 2014, the Boston-based startup takes an innovative approach to the space by beaming broadband speed internet through the air, using millimeter waves. The company’s novel technique has drummed up great interest during its four years of existence, offering the potential to circumvent
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Labor Day is a holiday that just doesn’t fit Silicon Valley. It’s purported purpose is to celebrate working men and women and their — our — progress toward better working conditions and fairer workplaces. Yet, few regions in recent times have supposedly done more to “destroy” quality working conditions than the Valley, from the entire
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Yes I am very late to this. But I am also very annoyed so I am adding my voice to the now sustained chorus of complaints about Apple’s redesigned Mac keyboard: How very much it sucks. Truly, madly, deeply. This is the keyboard that Apple “completely redesigned” in 2015, in its quest for size zero
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Ask any 25-year old engineer what Labor Day means to him or her, and you might get an answer like: it’s the surprise three-day weekend after a summer of vacationing. Or it’s the day everyone barbecues at Dolores Park. Or it’s the annual Tahoe trip where everyone gets to relive college. Or simply, it’s the
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