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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Netflix is now worth more than $100B
 Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We’ll get to the financial numbers in a minuteĀ but, as usual, the big story here is that it continues to wow Wall Street with impressive growth in its subscriber numbers. The company said it added… Read More

Mon, 22 Jan 2018 21:20:08 +0000

Rupert Murdoch wants Facebook to pay for the news
 Rupert Murdoch, the executive chairman of News Corporation, today issued a statement calling for Facebook and Google to subsidize the news traveling through their platforms. In the statement, Murdoch calls on Facebook to pay a carriage fee, as cable companies do with pay TV, to trusted publishers that are posting their content on the social media platform: I have yet to see a proposal that… Read More

Mon, 22 Jan 2018 21:12:18 +0000

AltspaceVR CEO joins Facebook months after selling his startup to Microsoft
 After selling his social virtual reality startup to Microsoft in October, Eric Romo, the co-founder of AltspaceVR is joining the competing social VR team at Facebook as its Product Director where he will be “exploring how VR can help communities connect.” “It wasn’t an easy decision, but I left AltspaceVR with confidence that the team is well-placed to continue… Read More

Mon, 22 Jan 2018 21:00:51 +0000

Another short-lived, overfunded startup is shutting down: Primary Data
 A startup that’s operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsize checks to the outfit anyway because of the people involved in it, but before you know it, poof, the company is imploding, and the capital is gone. It’s a story that industry watchers know well at this point. Clinkle — the payments… Read More

Mon, 22 Jan 2018 20:52:17 +0000

Montana governorā€™s executive order could force ISPs to follow net neutrality rules
 The FCC’s wildly unpopular decision to kill net neutrality has sent legislators, companies and individuals scrambling for ways to keep the Obama era regulations in place. A new bid by Montana Governor Steve Bullock would cut through much of the red tape and force internet service providers to abide by earlier net neutrality rules. Bullock, a second term Democrat, told The New York Times… Read More

Mon, 22 Jan 2018 20:47:14 +0000