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GitHub’s scandalized ex-CEO returns with Chatterbug

Sat, 21 Oct 2017 16:47:38 GMT
 Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice talking with a real native speaker. You… Read More

Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia

Fri, 20 Oct 2017 13:56:09 GMT
 Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasn’t stopped the Uber rival from tapping banks for $700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from “leading global and regional banks” to expand its car rental fleet in Singapore and Indonesia,… Read More

Equity podcast: IPOs for Stitch Fix, MongoDB and SendGrid, and Alphabet’s Lyft investment

Fri, 20 Oct 2017 13:10:44 GMT
 Welcome to Equity, TechCrunch’s podcast about venture capital and the tech business. On the latest episode, we were joined by Barry Eggers, co-founder and a general partner at Lightspeed Venture Partners. There was a lot of IPO news this week. MongoDB debuted and we saw filings on Thursday for both Stitch Fix and SendGrid. And, of course, there was the inevitable ridesharing news.… Read More

PayPal’s quarter exceeded expectations across the board

Thu, 19 Oct 2017 20:19:40 GMT
 PayPal, the digital payments company, shared its growing financials after the bell on Thursday. Shares ticked up about 4 percent in initial after-hours trading. Read More

Stitch Fix has filed for an IPO, and the numbers look good

Thu, 19 Oct 2017 20:19:13 GMT
 Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a six-quarter streak of positive net income. We talk a lot about companies… Read More

MongoDB finishes up 34% in database IPO

Thu, 19 Oct 2017 20:03:54 GMT
 New York-based MongoDB went public on the Nasdaq on Thursday, finishing the day at $32.07, up 34 percent above its IPO price of $24. This is also above the proposed range of $20 to $22, which had been increased from $18 to $20. Read More

Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall

Thu, 19 Oct 2017 18:15:29 GMT
 Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: In 2017 so far, Intel says that it’s invested $566… Read More

SendGrid files for marketing email IPO

Thu, 19 Oct 2017 17:32:35 GMT
 Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it has processed more than “one trillion emails.” Read More

Chinese local services giant Meituan-Dianping raises $4B led by Tencent and Priceline

Thu, 19 Oct 2017 17:21:30 GMT
 There’s a huge funding round from one of the top local services companies in China. Meituan-Dianping, a company formed by a multi-billion dollar merger in 2015, said today that it has raised a $4 billion Seres C round from a group of investors led by existing backer Tencent. Others involved include Sequoia, GIC, Canada Pension Plan Investment Board, Trustbridge Partners, Coatue, IDG,… Read More

PayKey raises $10M for its millennial-targeted “social banking” smartphone keyboard

Thu, 19 Oct 2017 16:27:56 GMT
 Banks face an increasingly crowded battlefield in the fight for millennial customers. Not only do they have to compete with services like Venmo, but many messaging apps are adding their own peer-to-peer payment services. Tel Aviv-based startup PayKey thinks it has the solution with a smartphone keyboard that lets bank customers access financial services without having to log onto a banking app. Read More







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