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Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $22. Today, shares were up another 11%, closing above $24. With a market cap approaching $2 billion, it’s more than double than the $770 million valuation that Redfin achieved in its last… Read More
Source: Tech Crunch
Lost My Name, the London-based startup that uses tech to create and publish personalised story books for children, has raised $8.5 million in Series B funding. It is also revealing an upcoming tie-in with the Roald Dahl Estate, owners of IP such as Willy Wonka’s Chocolate Factory. Read More
Source: Tech Crunch
Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in under a year, while it’s taken Apple Music over a year and a half to make that progress. Spotify now has 60 million subscribers, compared to Apple Music’s 27 million as of June. Spotify’s ability… Read More
Source: Tech Crunch
Google announced today the public availability of a developer tool that will allow Android apps to better communicate with nearby devices, even while offline. The company touts a number of potential use cases for this technology – like hotel rooms that sense your entry then set the temperature accordingly and turn on your favorite music, or phones that can merge their address books while… Read More
Source: Tech Crunch
Google today announced a small but important update to how Google Calendar and Microsoft Exchange can work together going forward. It’s not unusual for a company to still use both Google’s G Suite tools and Microsoft Exchange in parallel, and with this update, G Suite admins can now allow their users to see real-time free/busy information across the two systems. This means tools… Read More
Source: Tech Crunch
Elad Gil is running around the Color Genomics office when I come to meet him for a little sit-down. The place is full for a Friday afternoon. There’s a worker taking calls on the couch in the front and plenty of others pacing about in the background. The office is tucked away in an unassuming industrial area of Burlingame, California, in a building that reminds me of some… Read More
Source: Tech Crunch
For many, Pokémon GO is so summer 2016. But at least 20,000 people are still die-hard fans of the game, as proven by their participation in Pokémon GO Fest in Chicago’s Grant Park last week. Unfortunately, the event was a disappointment to many attendees, who could not get data service and ended up waiting on long lines without the AR-based game to keep them entertained. And beyond… Read More
Source: Tech Crunch
Facebook could jumpstart its Snapchat clone by letting social media stars and public figures post Stories publicly. When Facebook Stories launched globally in March, you could only share to all their friends or a subset of them. Now if you allow public followers, you can post your Story publicly so anyone can watch. Social media researcher Carlos Gil first pointed out the privacy feature, and… Read More
Source: Tech Crunch
Yesterday Apple removed all major VPN apps from its App Store in the country. These VPNs aided internet users there to get around the government’s vast system of censorship and access uncensored sources of media. But by doing so, Apple has clearly decided to put its business before the interests of the population, opposition leaders and activists.
For example, Golden Frog, which makes… Read More
Source: Tech Crunch
In 10 years, when autonomous driving is mainstream, we’ll have a fundamentally different relationship with our cars and driving in general. Every major car company is fully aware of this, but not all are reacting to this change with the same degree of urgency. Earlier this month, BMW hosted its Innovation Days at its technology office in Chicago, where the company showcased the current… Read More
Source: Tech Crunch