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The world’s most popular cryptocurrency is now worth over $2,000 per coin. It took That’s according to a range of bitcoin exchanges, including Coinbase and Kraken. That valuation puts the total market cap of bitcoin — the total number of coins in circulation — at $32.92 billion. Bitcoin has been on a tear this year, as this chart from Coindesk shows. Bitcoin first… Read More
Source: Tech Crunch
SoftBank’s huge $100 billion investment fund — the largest tech fund in history — announced its first close today… and it’s huge. The Japanese telecom giant revealed that its VisionFund has closed an initial commitment of $93 billion from a bevy of high profile backers. They include Apple, Qualcomm, UAE-based Mubadala Investment Company, Saudi Arabia’s… Read More
Source: Tech Crunch
Startups put great effort into finding the perfect name. Ideally, it should be short, memorable, descriptive, and easy to pronounce. Names that meet all the criteria are commonly taken, however, so most founders find a compromise. They settle on a creative misspelling, add a word or just string together sounds they like. In the end, the hope is that a well-named startup will have an easier… Read More
Source: Tech Crunch
People are taking photos and videos all over major cities, all the time, from every angle. Theoretically, with enough of them, you could map every street and building — wait, did I say theoretically? I meant in practice, as the VarCity project has demonstrated with Zurich, Switzerland. Read More
Source: Tech Crunch
Deep Algo was one of the more fascinating companies on display in Startup Alley at TechCrunch Disrupt this week. The French team aims to make coding languages more accessible for the masses with SaaS (software as a service) offering that promises to do for languages like C++, C Sharp and Javascript what WYSIWYG does for HTML. It’s a pretty bold claim, but the company is confident that… Read More
Source: Tech Crunch
Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” It’s clear… Read More
Source: Tech Crunch
The next few months will be full of bitter dissent regarding the FCC’s net neutrality rules, how they should be enforced, and indeed whether they should exist at all. Several primary arguments against the rules as they stand have appeared as talking points or recurring themes; they are worth considering seriously and refuting definitively if possible. That is what I intend to do here. Read More
Source: Tech Crunch
Uber has issued a sternly worded letter to Anthony Levandowski, the engineer at the center of a lawsuit alleging theft of trade secrets from Google parent Alphabet’s self-driving technology unit Waymo. The gist? Comply with the court’s orders or risk being terminated. Read More
Source: Tech Crunch
The FAA’s drone database hit a major snag this week, courtesy of a U.S. Court of Appeals ruling. The D.C.-based court sided with drone hobbyist John Taylor, who argued that the Federal Aviation Administration doesn’t have jurisdiction over what the law classifies as model aircraft. “Taylor does not think that the FAA had the statutory authority to issue the Registration Rule… Read More
Source: Tech Crunch
Twitter is alerting Vine users of a bug that exposed their email addresses and, in some cases, phone numbers to third parties. It’s also advising affected users to be cautious about any emails from unknown senders as a result. The company says the bug was only active for 24 hours before being patched, and doesn’t believe that the data was misused in any way, at this time. To… Read More
Source: Tech Crunch