The growth of Airbnb — and likewise other platforms like Booking.com, VRBO and Homeaway for listing and renting short-term accommodation in private homes — has spawned an ecosystem of other businesses and services, from those who make money renting their homes, to cleaning companies that make properties “Airbnb-ready”, to those
Razer is summoning a big gun as it bids to develop its mobile gaming strategy. The Hong Kong-listed company — which sells laptops, smartphones and gaming peripherals — said today it is working with Tencent on a raft of initiatives related to smartphone-based games. The collaboration will cover hardware, software
The European Commission has just announced another antitrust fine for Google. The latest fine — €1.49BN (~$1.7BN) — relates to its search ad brokering business, which involves Google selling advertising space related to searches carried out on third party websites. Speaking at a press conference today, EU competition commissioner Margrethe
Welcome Pickups, an Athens-based startup offering a range of “in-destination” travel services from the point of pickup onwards, has raised €3.3 million in Series A funding. The backing comes from VentureFriends, Market One Capital, Howzat, Jabbar, and Openfund. Launched in Greece in 2015, Welcome Pickups believes it has spotted an
Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its
French startup Doctolib has raised a new round of funding of $170 million (€150 million). The round is led by General Atlantic, with existing investors Accel, Eurazeo, Kernel and Bpifrance also participating. Some German healthcare entrepreneurs are also joining the round — the company isn’t detailing the names of those investors.
Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts’ estimates in its fourth-quarter profit although revenues missed expectations. The Hong Kong-listed company more than tripled its net profit to 1.85 billion yuan ($276 million),
You probably have one electricity supplier for your house. But these days the average household could probably buy form several such companies, it just can’t easily access the market place of possible suppliers. Wouldn’t it be smarter in you had an AI in your house which could purchase energy from
The growing intensity of the US visa approval process has made it more difficult for companies to attract, support and retain foreign talent. However, recruiters are still sourcing talent from abroad at an increasing clip. According to a recent, roughly 30-page, report published by Envoy – the corporate workforce immigration
Chinese smartphone maker Xiaomi has announced a new entry level smartphone at an event in Delhi. The entry-level smartphone is targeted at the Indian market and looks intended to woo feature phone owners to upgrade from a more basic mobile. It runs Google’s flavor of Android optimized for low-powered smartphones
Manufacturing has been one of the biggest and earliest adopters of robotics innovations in the last several years, but with that early movement has also come entrenchment: the industry is rife with expensive, oversized machines that often run on proprietary operating systems, making them hard to upgrade and use in
In its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5 billion from the Vision Fund as part of a larger $5 billion Series H funding round that’ll be used to
A turbulent 2018 for China’s gaming market hasn’t held back newcomers. Bytedance, the world’s most valuable startup behind a collection of rising new media apps including TikTok and Jinri Toutiao, is making a further push into video games after it took control of a mobile game developer through a roundabout
Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital.
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-profit corners of the Internet. The researchers used searches including queries related to HIV, mental health, pregnancy, alcoholism and
We already knew that serial entrepreneur Duane Jackson, who is best known for founding and exiting cloud accounting software KashFlow, was working on his third venture after recently selling Supdate to Crowdcube. And today Staffology, which Jackson tells me he began developing just over a year ago, is launching publicly.
In recent years, data analysts have gone from optional to a career that holds great promise, but demand for quantitative skills applied in business decisions has raced ahead of supply as college curriculum often lags behind the fast-changing workplace. CareerTu, a New York-based startup launched by a former marketing manager
Lots of news and interesting tidbits to wrap up the week. Apple kerfuffles Apple has been vindicated (for a brief moment anyway) in its long-standing dispute with Qualcomm. From Stephen Nellis at Reuters: A U.S. federal judge has issued a preliminary ruling that Qualcomm Inc owes Apple Inc nearly $1
Noble.AI, an SF/French AI company that claims to accelerate decision making in R&D, has raised a new round of funding from Solvay Ventures, the VC arm of a large chemical company, Solvay SA. Although the round was undisclosed, TechCrunch understands it to be a second seed round, and we know
Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-flying head of Tiger Global’s private
Two days after Spotify announced that it had filed a suit against Apple with the European Commission over anticompetitive practices, Apple today issued its own response of sorts. In a lengthy statement on its site called “Addressing Spotify’s Claims”, Apple walks through and dismantles some of the key parts of Spotify’s accusations
French startup Stanley Robotics showed off its self-driving parking robot at Lyon-Saint-Exupéry airport today. While I couldn’t be there in person, the service is going live by the end of March 2019. And here’s what it looks like. The startup has been working on a robot called Stan. These giant
The UK government has written to the country’s competition authority to ask the watchdog to respond to concerns about the lack of transparency in the digital advertising market and carry out a formal market study “as soon as possible”. In a letter to the Competition and Markets Authority, chancellor Philip
Rakuten TV, the Japanese e-commerce giant’s effort to take on Netflix and Amazon in the world of video streaming, has been a minor player when it comes to market share for online entertainment, with a mere 7 million users of its service. But today, it’s unveiling two key pieces of