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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Snap’s exec team continues to shrink as more reports of internal drama surface
Days after Snap announced the departure of its CFO, reports have emerged that the company’s HR chief was asked to leave following an internal investigation late last year that had led to the firing of its global security head. The Wall Street Journal is reporting that Snap fired global security head Francis Racioppi late last […]

Fri, 18 Jan 2019 23:45:21 +0000

Facebook fears no FTC fine
Reports emerged today that the FTC is considering a fine against Facebook that would be the largest ever from the agency. Even if it were 10 times the size of the largest, a $22.5 million bill sent to Google in 2012, the company would basically laugh it off. Facebook is made of money. But the […]

Fri, 18 Jan 2019 22:58:18 +0000

Curious 23andMe twin results show why you should take DNA testing with a grain of salt
If you’ve ever enthusiastically sent your spit off in the mail, you were probably anxious for whatever unexpected insights the current crop of DNA testing companies would send back. Did your ancestors hang out on the Iberian peninsula? What version of your particular family lore does the science support? Most people who participate in mail-order […]

Fri, 18 Jan 2019 22:08:30 +0000

Free to play games rule the entertainment world with $88 billion in revenue
They may be free, but they sure pay. Games with no upfront cost but a plethora of other ways to make money generated a mind-blowing $88 billion in 2018 according to SuperData’s year-end report — leaving traditional games (and indeed movies and TV) in the dust. While it may not come as a surprise that […]

Fri, 18 Jan 2019 21:56:36 +0000

FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone
Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons — from nearly the day it launched, to its near merger with rival DraftKings, to its […]

Fri, 18 Jan 2019 21:50:46 +0000