Startups

  All the attention in financial services this year has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding more than 300,000 users in one week alone, it’s easy to see why. While cryptocurrencies stole the spotlight, a clutch of companies were quietly working behind the scenes
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The founders of PayPal and its employees have produced many highly successful companies over the years. In fact, PayPal’s founding team often is referred to as the “PayPal Mafia” because they’ve had such an impact on the startup ecosystem. Peter Thiel, Elon Musk, Reid Hoffman and many other former PayPal employees have shaped some of
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Mitch Goldstone loves photo scanning. His business, ScanMyPhotos, does what it says on the tin: you send photos to the company and, using high speed scanners and special software, his team digitizes your photos, sticks them onto a USB key or online, and sends them back. He is proud of his business. Thanks to his
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Today was a momentous day in Uber history. After much debate, rumors and strife over the past few weeks, it looks like the company and its shareholders have come to an agreement over a tender offer that will see SoftBank own nearly 15 percent of the company, while also injecting around $1 billion in fresh
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T he trip began just before the end of school. From the wood-shaving smell of third grade out into the clean fall air, sprung free by my mother who appeared at the little window in the classroom door like a treat. You were the one who got out early. You were the one walking down
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All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI. But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts
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“I have FOMO for the future”, says Sam Lessin. That’s why his startup Fin is working backwards from a far-off tech utopia. One day, computers with some human help will answer our every beck and call. Today, Lessin is teaming them up. Every day, Fin gets smarter. For $1 a minute, 24/7, Fin gets your
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Mattermark, the site for startup and company data, is shutting down its own business after selling in a disappointing outcome to FullContact. In a document obtained by TechCrunch, co-founder and CEO Danielle Morrill wrote that “common stockholders will not be receiving anything in this deal.” In other words, Mattermark employee shares are worthless. It was
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Taplytics is announcing what it calls its “Intelligent Experience Cloud,” bringing together products for A/B testing, messaging, analytics and more To a certain extent, this is just new branding for existing Taplytics tools, highlighting the fact that the Y Combinator-backed startup has expanded beyond mobile A/B testing by launching a full suite of products to
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Chip, the chatbot app that plugs into your bank account and lets you automatically save for a rainy day, has raised nearly £1.1 million on equity crowdfunding platform Crowdcube. The fund raise, which is part of a larger £2.4 million funding round, forms part of plans for the London-based startup to apply for a banking
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Ooma, the company that’s probably still best known for its VoIP platform, today announced that it has acquired Butterfleye, an AI-powered video camera and security platform that produces a smart security camera for home and business use. Ooma plans to integrate Butterfleye’s camera into its Ooma Home security solution, but the company will also continue
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Back in August, ‘challenger’ bank Tandem said that it had signed an agreement to acquire Harrods Bank, the banking arm of the U.K.’s most famous luxury department store, subject to regulatory approval. Today, the startup bank is announcing that it has now received the go-ahead from the Prudential Regulation Authority, a division of the Bank
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First-ever blockchain-powered marketplace for short-term housing ‘Beenest’ gives power back to hosts and guests SAN FRANCISCO, Dec. 19, 2017 /PRNewswire/ — The Bee Token, a decentralized sharing economy platform, today debuted a first look at Beenest, a short-term housing marketplace that uses sophisticated blockchain technology to address the consumer-facing issues with today’s centralized business model.
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Biotech is one of today’s many hot frontiers of technology, but one thing holding it back is that it’s significantly less amenable to traditional computing techniques than other areas. A new startup called Asimov, spun off from research at MIT, is working on bridging the gap between the digital and the biological by creating, essentially,
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