News

  • Commercetools raises $145M from Insight for Shopify-style e-commerce APIs for large enterprises
    by Ingrid Lunden on October 21, 2019 at 7:45 am

    Global retail e-commerce is expected to be a $25 trillion business this year, and today one of the companies that has built a set of tools to help larger enterprises to sell to consumers online has raised a large growth round to meet that demand. Commercetools, a German startup that provides a set of APIs […]

  • Gojek founder and CEO Nadiem Makarim resigns to join Indonesian cabinet; Soelistyo and Aluwi to be new co-CEOs
    by Manish Singh on October 21, 2019 at 5:40 am

    Nadiem Makarim, founder and CEO of Gojek, said on Monday he has stepped down from his role at the ride-hailing startup to join Indonesia president Joko Widodo’s cabinet. The announcement, which has taken many by surprise, comes a day after Widodo was sworn in for a second term. Widodo has previously said that he wants […]

  • In a big reversal, Libra reportedly could peg its cryptocurrencies to national currencies
    by Jonathan Shieber on October 20, 2019 at 11:19 pm

    Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of bankers that the company’s main goal was to create a better payments system […]

  • Should we rethink the politics of ‘blocking’?
    by Jonathan Shieber on October 20, 2019 at 10:30 pm

    Jillian C. York Contributor Share on Twitter Jillian C. York is the director for international freedom of expression at the Electronic Frontier Foundation. Years ago, I wrote a piece criticizing a cover story by a well-known writer and political commentator that I’d met a few times, with whom I’d occasionally sparred on Twitter. The piece […]

  • Original Content podcast: ‘El Camino’ provides a quiet coda to ‘Breaking Bad’
    by Anthony Ha on October 20, 2019 at 9:04 pm

    When a TV show gets turned into a movie, it often represents a big change of pace, with a standalone plot, a bigger budget, all made for a bigger (or at least more casual) audience. “El Camino: A Breaking Bad Story” — which premiered a week ago on Netflix —doesn’t take that approach at all. […]

  • The Los Angeles Fire Department wants more drones
    by Jonathan Shieber on October 20, 2019 at 6:36 pm

    As it looks to modernize its operations, the Los Angeles Fire Department is turning to a number of new technologies including expanding its fleet of drones for a slew of new deployments. One of the largest fire departments in the U.S. next to New York and Chicago, the LAFD has a budget of roughly $691 […]

  • Max-Q: This week in space
    by Darrell Etherington on October 20, 2019 at 4:36 pm

    Space is becoming a major area of startup and commercial investment, and so I’ve decided to start providing a weekly round-up of the biggest news in aerospace, space science and space-related technologies. Let me know if you appreciate this or have suggestions, and I’ll make sure it evolves as needed to be useful resource. This […]

  • Week in Review: The web’s free speech conundrum
    by Lucas Matney on October 20, 2019 at 4:21 pm

    Hey everyone. Thank you for welcoming me into you inbox yet again. Last week, I talked about the eternal dumbness of the smart home and how Google had a big chance to lay out their vision this past week. Guess what? They did not, instead we got a new more expensive Google Wifi that falls […]

  • China Roundup: Tencent’s NBA test, TikTok parent deepens education push
    by Rita Liao on October 20, 2019 at 1:30 pm

    Welcome to TechCrunch’s China roundup, a digest of events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. The talk about U.S.-China relationships over the past two weeks has centered heavily on the NBA controversy, which has put the interest of some of China’s largest […]

  • Facebook isn’t free speech, it’s algorithmic amplification optimized for outrage
    by Jon Evans on October 20, 2019 at 1:00 pm

    This week Mark Zuckerberg gave a speech in which he extolled “giving everyone a voice” and fighting “to uphold a wide a definition of freedom of expression as possible.” That sounds great, of course! Freedom of expression is a cornerstone, if not the cornerstone, of liberal democracy. Who could be opposed to that? The problem […]

  • CHEAP: Stop, thief! There’s $90 off a Ring Video Doorbell 2 and an Echo Dot
    by Callum Booth on October 21, 2019 at 9:31 am

    Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! I don’t really know why, but video doorbells have always seemed hella futuristic to me. Maybe it’s a youth spent absorbing sci-fi movies and TV shows, but there’s something crazy cool about being able to see who’s ringing your doorbell. Basically — and to paraphrase Mac from It’s Always Sunny In Philadelphia — it lets you give whoever’s at the door an ocular pat down. If that’s something you’ve been pining for, well, you’re in luck. Why? Because today you can make a wonderful saving on a Ring… This story continues at The Next Web […]

  • Satoshi Nakaboto: ‘Bitcoin halving prediction leads to $55K price, $1T market cap’
    by Satoshi Nakaboto on October 21, 2019 at 9:10 am

    Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Satoshi Nakamoto used to say: Your imagination is the only tool in the book! Bitcoin Price We closed the day, October 20 2019, at a price of $8,222. That’s a respectable 2.80 percent increase in 24 hours, or $224. It was the highest closing price in five days. We’re still 59 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap… This story continues at The Next WebOr just read more coverage about: Bitcoin […]

  • Facebook’s Libra ‘cryptocurrency’ gets desperate as it considers stablecoins
    by Yessi Bello Perez on October 21, 2019 at 9:00 am

    Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months. “We could do it differently,” he said. “Instead of having a synthetic unit … we could have a series of stablecoins, a dollar stablecoin, a euro stablecoin, a sterling pound stablecoin, etc,” David Marcus, the project‘s lead, told a banking seminar. “We could definitely approach this with having a multitude of stablecoins that represent national currencies in a tokenized digital form,” he said. “That is one of the options that… This story continues at The Next WebOr just read more coverage about: Facebook […]

  • CEO of ride-hailing giant Gojek departs $10B startup to join Indonesian government
    by Ravie Lakshmanan on October 21, 2019 at 8:41 am

    Nadiem Makarim, co-founder and CEO of Indonesia’s first decacorn Gojek, is stepping down from his chief executive role to take up a cabinet post in the newly formed government led by Joko Widodo. The move comes after President Widodo expressed a preference to include professionals and millennials in his second-term team to boost the country’s economy. Although it’s not clear what position he will hold, local reports said the 35-year-old could assume a role in the newly created digital economy ministry or in education. To fill the spot left vacant by Makarim, Gojek Group President Andre Soelistyo and co-founder Kevin… This story continues at The Next Web […]

  • Moonday Mornings: Another cryptocurrency SIM-swap victim sues AT&T, this time for $1.8M
    by Matthew Beedham on October 21, 2019 at 8:17 am

    Welcome to Moonday Morning forkers. It’s Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines you can’t afford to miss. Take a look at what’s happened over the last few days. 1. Telecom operator AT&T is being sued by an individual claiming to be the victim of a SIM-swap hack which resulted in the loss of $1.8 million. The victim alleges that between May 16 – 18 AT&T employees transferred ownership of their SIM to bad actors. The scammers were then able to access the victim’s personal finances and cryptocurrency exchange accounts to carry out their attack. It… This story continues at The Next Web […]

  • Instagram is testing a feature to clean up your pity follows
    by Ivan Mehta on October 21, 2019 at 7:08 am

    We’ve all been there: You meet someone who wants to stay in touch later, but you don’t want to share your number with them. So you turn to the next best thing — Instagram. These are people whom you follow out of courtesy, but don’t interact with much. Don’t worry, Instagram is testing a feature that might help you out unfollow some of them. According to app researcher Jane Manchun Wong,the social network is experimenting with a feature to let you group accounts — and it’ll even corral those courtesy follows for you automatically. Some automatic groups are “Least interacted… This story continues at The Next WebOr just read more coverage about: Instagram […]

  • Microsoft’s open-source election software now has a bug bounty program
    by Ravie Lakshmanan on October 21, 2019 at 6:04 am

    Microsoft has announced a bug bounty program for its open-source election software ElectionGuard, allowing researchers to uncover vulnerabilities and help bolster election security. Available as a software development kit (SDK), ElectionGuard aims to make voting tamper-proof by leveraging encryption to “enable a new era of secure, verifiable voting.” It also allows individual voters to confirm that their votes were correctly counted. “Security researchers play an integral role in the ecosystem by discovering and reporting vulnerabilities to Microsoft through coordinated vulnerability disclosure,” the Windows maker said. The bug bounty offers security professionals, part-time hobbyists, and students a reward of up to $15,000… This story continues at The Next WebOr just read more coverage about: Microsoft […]