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Uber investor Shervin Pishevar petitions Benchmark to step down from board and sell some of its stock

12 Aug 2017/0 Comments/in /by

By Megan Rose Dickey

Shortly after a group of Uber shareholders asked Benchmark to relinquish its spot on Uber’s board of directors, Sherpa Capital’s Shervin Pishevar is petitioning Benchmark via Change.org to remove itself from Uber’s board. The petition also asks Benchmark to sell at least 75 percent of its stock so that the firm no longer has rights to appoint members to Uber’s board… Read More

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Source: Tech Crunch

    

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China’s top social networks face investigation for hosting porn and illicit content

11 Aug 2017/0 Comments/in /by

By Jon Russell

China continues to crack down on online media after the government announced that it is investigating three of the country’s most influential social networks for hosting illicit content. The Office for Cyberspace Administration is looking into content on chat app WeChat, micro-blogging platform Weibo and web forum Baidu Tieba, each of which stands accused of failing to stamp out… Read More

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Source: Tech Crunch

    

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Glint is a stealthy London fintech startup that promises to turn gold into a ‘new global currency’

10 Aug 2017/0 Comments/in /by

By Steve O'Hear

Glint, a stealthy London fintech startup that promises a new “global currency,” has raised £3.1 million from a plethora of individual backers in the financial services and asset management space, alongside early-stage investor Bray Capital. Read More

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Source: Tech Crunch

    

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Crunch Report | David Letterman Is Coming to Netflix

09 Aug 2017/0 Comments/in /by

By Khaled "Tito" Hamze

David Letterman is coming to Netflix, Didi Chuxing backs Careem in the Middle East, Crusie is running an autonomous ride-hailing service and Andrew Ng launches Deeplearning.ai. All this on Crunch Report. Read More

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Source: Tech Crunch

    

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SparkLabs launches its latest accelerator program in Taipei

08 Aug 2017/0 Comments/in /by

By Catherine Shu

Accelerator network SparkLabs opened its newest program today in Taipei. Headed by managing partner Edgar Chiu, SparkLabs Taipei will focus on preparing Taiwanese startups to enter other countries. Read More

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Source: Tech Crunch

    

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On managing outrage in Silicon Valley

07 Aug 2017/0 Comments/in /by

By Connie Loizos

I hate sexism; it can’t be eradicated fast enough. I’m also frustrated that there’s still far too little diversity in Silicon Valley. Yet a newer form of discrimination is starting to greatly alarm me, and that’s discrimination against anyone with a point of view that’s deemed offensive to the tech majority. You know already what I’m talking about: people… Read More

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Source: Tech Crunch

    

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Travis Kalanick reportedly sought to reassert control at Uber after ouster

05 Aug 2017/0 Comments/in /by

By Matthew Lynley

Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds of proxy fights happening at public companies, but after his ouster, it appears that Kalanick still may want to try to gain… Read More

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Source: Tech Crunch

    

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Bitcoin breaks $3,000 to reach new all-time high

05 Aug 2017/0 Comments/in /by

By Jon Russell

Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency. A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged to surpass $2,000 for… Read More

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Source: Tech Crunch

    

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Coinbase says it will support Bitcoin Cash after all — but it isn’t committed to trading yet

04 Aug 2017/0 Comments/in /by

By Jon Russell

Coinbase, one of the world’s largest (if not the) largest cryptocurrency exchanges, has reversed its stance on Bitcoin Cash and said it will introduce support for the fork next year.
Coinbase was among numerous exchanges to opt out of trading Bitcoin Cash after it came into existence on August 1 on the grounds that it wasn’t proven or safe. Beyond refusing to facilitate trading… Read More

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Source: Tech Crunch

    

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Personio, a HR startup in Munich, closes $12M Series A

03 Aug 2017/0 Comments/in /by

By Steve O'Hear

Personio, a German startup that offers a HR management and recruiting platform, has closed $12 million in Series A funding. European VC Northzone led the round, with participation from existing investors, such as Rocket Internet’s Global Founders Capital (GFC) and Picus Capital. Read More

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Source: Tech Crunch

    

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