Startups

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After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer. That position will be taken over by Bryan Crowley, the president of Soylent’s parent company Rosa Foods. In his post, Rhinehart said that since Soylent is no longer
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The city of Paris’ officials told the AFP that they have asked Airbnb and competing platforms to comply with new regulation. The Mayor’s Office has flagged around 1,000 apartments that are not registered with the city. Since December 1st, you have to register your apartment with the city if you want to list it on
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Lumoid, a tech gear rental startup is no longer in business and its founder Aarthi Ramamurthy is moving on to Facebook. The startup launched as just a “crazy idea,” when it came out of Y Combinator four and half years ago, Ramamurthy wrote on a Facebook post this weekend announcing the shut down. Lumoid went on
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Although U.S. businesses may be poised for massive tax reductions, most tech startups have little immediate reason to celebrate. After all, the vast majority are unprofitable. So cutting the corporate income tax rate from 35 percent to 20 percent, as Congress has opted to do, has zero effect on their near-term finances. That said, what
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Burrow, a startup bringing a Casper-style approach to manufacturing and delivering sofas, is announcing that it has raised $4.3 million in seed funding. This might not sound like the most obvious area for a startup to tackle — unless you’ve had the experience of trying to carry a couch up a twisty flight of stairs,
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Historically, financial organizations have watched forlornly through the front window while startups have adopted new and cool tools like Slack, Twitter, and Convo. Now they can join in the fun with something called Echofin. You can imagine the product as a sort of hyper-powered Slack for financial groups. Users can message each other and view
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It’s been a bad few months for internet freedom in China (and really, a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local
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Viola, the Israel-based technology investment group, is launching new independent VC fund targeting fintech startups from anywhere in the world. Dubbed Viola FinTech, the “cross-stage venture fund” has an initial closing of $100 million but will extend that towards $120-150 million. It is backed by global banks, insurance companies and asset managers from North America,
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Nearly seven years ago, TransferWise was readying the launch of its international money transfer service with bated breath. Co-founder Taavet Hinrikus would later tell me that he wasn’t entirely sure at the time if anyone would use the product. It certainly put the minimal in MVP. The startup’s first media coverage (on TechCrunch, of course)
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Japanese cryptocurrency exchange bitFlyer announced today it’s expanding to the U.S, with approval to operate in 41 states starting today. This includes regulatory approval in New York via the state’s Department of Financial Services’ “BitLicense”, which only five other cryptocurrency companies currently have. For comparison, Coinbase has approval to operate in 38 states (including Washington, D.C)
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Instacart has inked a deal with Albertsons to offer same-day delivery from the grocery store chain. The deal will include 1,800 of Albertsons stores across the country by mid-2018, helping Instacart deliver on its promise to be available in 80 percent of markets across the U.S. by the end of 2018. This isn’t Albertsons first
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In February of this year, Airbnb acquired social payments startup Tilt. Today, the fruits of that acquisition are being passed along to Airbnb users. Starting now, Airbnb users have the ability to split payments with their fellow travelers. Before now, one traveler was forced to front the cost of the trip and hope that their
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Simon Lee, founder and CEO of Flitto Artificial intelligence-powered translation is becoming an increasingly crowded category, with Google, Microsoft, Amazon and Facebook all working on their own services. But tech still isn’t a match for professional human translations and machine-generated results are often hit-and-miss. One online translation service, Flitto, is now focused on providing other
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I’ve been thinking about token sale marketing lately mostly because it’s been so bad. I’ve gotten hundreds of emails asking me to be an ICO advisor or evangelist or influencer primarily because the ICO marketing techniques come to us straight out of the spammiest corners of affiliate marketing. I’ve gotten emails from founders who have