English French German Italian Japanese Spanish

Search Techlick

Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Ant Financial, which manages payments service Alipay and Alibaba’s digital banking business, will invest the capital into Kakao Pay, a soon-to-launch Kakao fintech division. The deal will see Ant Financial begin to offer its financi......
Continue reading
178 Hits

How mobile technology is transforming lives in rural India

Melissa Jun Rowley Crunch Network Contributor Melissa Jun Rowley is a journalist, entrepreneur and activist focused on the intersection of storytelling, technology and social justice. As the founder and CEO of Humanise, Inc., she is developing The Toolbox, a data-driven humanitarian initiative created by musician Peter Gabriel. More posts by this contributor: How to join the network Deep in a rura......
Continue reading
178 Hits

Ford invests $1 billion in Pittsburgh-based Argo AI to build self-driving cars by 2021

Ford has invested $1 billion in a joint venture with Argo AI, a Pittsburgh-based company with ties to Carnegie Mellon. The goal is to completely outfit Ford vehicles with self-driving technology. Interestingly this isn’t a case of a large company simply hiring talent but the creation of an entirely separate company with an independent equity structure. Ford is the “majority stakeholder” but will operate with “substantial independence.” Empl......
Continue reading
192 Hits

Samsung vice chairman arrested on bribery charges

Samsung vice-chairman/heir-apparent Jay Y. Lee has been arrested in Korea on charges of corruption. Lee is accused of paying bribes to an advisor of President Park Geun-hye in exchange for political favors. The New York Times reported that he is alleged to have given a total of $36 million to Park’s secret advisor in order to win government support for a merger between two Samsung subsidiaries. Park, Korea’s first female leader, is in troub......
Continue reading
179 Hits

Google teams up with Kaggle to host $100,000 video classification challenge

Google and Kaggle today announced a new machine learning challenge that asks developers to find the best way to automatically tag videos. The challenge, which comes with a $30,000 prize for the first-place finisher (and $25,000, $20,000, $15,000, and $10,000 for the next four teams), asks developers to classify and tag videos from Google’s updated YouTube-8M V2 dataset. This dataset features a total of 7 million YouTube videos that add up t......
Continue reading
187 Hits

International startups: sign up for a country pavilion at Disrupt NY

Disrupt NY 2017 is just a few short months away. Soon, thousands of entrepreneurs, investors, innovators and other tech enthusiasts will make their way from around the world to Manhattan’s Pier 36 for the best startup show in the city that never sleeps. Will you and your budding international startups be one of them? One of our favorite things about Disrupt is the country pavilions, which have become a Startup Alley staple where promising s......
Continue reading
178 Hits

Pitch TechCrunch during Mobile World Congress at our Meetup on Feb 28

Hey Barcelona! Here’s a reminder! TechCrunch is holding a Mini-Meetup during Mobile World Congress, on Tuesday Feb. 28. We will hold a “Pitch-Off” of startups at the event. Grab tickets here. You can apply to pitch your Barcelona-based startup here. We’ll select approximately 10 great Barcelona-based startups to explain to our panel of VCs and TechCrunch editors in 60 seconds or less why their startup is awesome. You’ll be competing for an ......
Continue reading
176 Hits

Attack of the apps

It seems like a fair trade: Get your favorite mobile apps for free, be shown annoying ads in return. But that’s not all you’re doing in return. In reality, this trade has you giving up a great deal of personal information. Mobile apps collect a massive amount of personal data — your location, your online history, your contacts, your schedule, your identity and more. And all that data is instantly shared with mobile advertising networks, whi......
Continue reading
172 Hits

Time to stop acting like lemmings

In a world defined by trends, we’ve been beset by a highly worrying one: There is an undeniable lack of IPOs. In 2015, 164 companies entered the public markets, which is just over half the 2014 number, when 261 took the plunge. In 2016, there were only 107. This is a big deal. Why? Because the public market, with its aggressive scrutiny of economics, is the single-most objective judge of company formation and success. Why so few IPOs? The ......
Continue reading
189 Hits