A look through TransferWise’s early pitch deck

 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) led to the first $1,000 being transferred. Read More


Source: Tech Crunch

Tencent CEO joins Breakthrough Prize as founding sponsor

 Tencent founder and CEO Ma Huateng (Pony Ma) is joining the Breakthrough Prize, sometimes referred to as “the Oscars of Science,” as a founding sponsor. He joins the likes of co-sponsors Sergey Brin of Google, Yuri Milner of DST Global, Mark Zuckerberg of Facebook, Anne Wojcicki of 23andMe and others. “Fundamental science is the bedrock of technological advancement,”… Read More


Source: Tech Crunch

BlackBerry will pay Nokia $137 million over a contract dispute

 It’s been a while since Nokia and BlackBerry were bitter smartphone rivals, but there’s plenty of bad blood left between the two companies. This morning, BlackBerry threw in the towel on the battle, agreeing to pay $137 million to the Finnish company. The award stems from a 2016 dispute over patent licensing contract. The details of the contract aren’t clear, but the… Read More


Source: Tech Crunch

Google Cloud brings in former Intel exec Diane Bryant as COO

 There are now two Dianes running the show at Google Cloud. The company announced that Diane Bryant has been hired as the COO of the division. She joins Diane Greene, who came on board as Senior VP of Google Cloud in November 2015. Greene appeared to be excited about the prospect of her joining the team. “I can’t think of a person with more relevant experience and talents. She is… Read More


Source: Tech Crunch

Super Mario takes a sugar odyssey with a new breakfast cereal

 The last time Mario had a breakfast cereal, he had to split the billing with Link. I bet that’s what it felt like being in the Beatles at the end. Flying high from a recent string of high profile titles — including Mario Run and Odyssey — the cartoon plumber is finally getting a cereal box to call his own, joining the elite ranks of Steve Urkel and Gizmo from Gremlins.… Read More


Source: Tech Crunch

GoFundMe drops 5% Platform Fee for U.S. personal campaigns, adds tips

 GoFundMe, the popular fundraising juggernaut that now has 50 million users and has raised over $5 billion in funding for causes to date, is making an interesting change today that could see those numbers getting a boost — or at least help it fend off competition from other fundraising platforms like Facebook’s. GoFundMe is dropping the five percent Platform Fee that it charges… Read More


Source: Tech Crunch

New York’s Attorney General sets up a page to report fraudulent FCC comments

 It’s no secret that among the millions of comments filed with the FCC regarding its plan to roll back net neutrality are a great deal of fake ones, some even using stolen identities. New York Attorney General Eric Schneiderman has been especially vocal about this problem, and since the FCC doesn’t seem to care, his office has set up a page to report fraudulent comments directly. Read More


Source: Tech Crunch