NEWSLETTERS
Microsoft Announces Azure Service Fabric, A New Framework For Building Highly Scalable Cloud Services
Microsoft today announced Azure Service Fabric, a new Azure service that aims to make it easier for developers at startups and ISVs to create highly scalable cloud applications. The idea is to give developers the tools necessary to build cloud apps without ever having to worry about scaling and having to rearchitect their infrastructure to keep up with growth. To do so, Service Fabric… Read MoreOscar Raises $145M At A $1.5B Valuation To Build A New Healthcare, Insurance Giant
Oscar, a company founded to rethink how a health insurer should look and act in the digital age and after the Obama administration’s Affordable Care Act, is scaling up with a big $145 million round of funding led by Peter Thiel and Brian Singerman at Founders Fund. While the company couldn’t comment on valuation, we hear that the round pegged the company’s worth at… Read MoreGroupon Sells 46% Of Korea’s Ticket Monster To KKR Consortium For $360M
The long-running question mark over Groupon’s ownership of Ticket Monster has been resolved. Today the company announced that it is selling a controlling stake in the Korean online shopping platform to a consortium that includes Anchor Equity Partners, KKR and TMON management. The group is taking a 46% of the company for $360 million, valuing Ticket Monster at $782 million, assuming… Read MoreOnePlus Opens Sales Of Its ‘One’ Smartphone To All, Confirms Next Phone Due Q3 2015
Rookie smartphone company OnePlus has removed the need for an invite to buy its One smartphone and announced a date for its follow-up device. Read More58.com, China’s Largest Classifieds Site, Acquires Rival Ganji.com
58.com, China’s largest classified site by monthly unique visitors, has bought rival Ganji.com. Beijing-based 58.com forked over $412.2 million in cash as well 34 million newly issued shares for a 43.2 percent stake in Ganji.com. Read MoreCloud Customer Service Startup Freshdesk Reels In $50M Round
Freshdesk, a cloud-based customer service tool, caught a bushel of money today, announcing a $50M investment led by Tiger Global with Accel Partners and Google Capital also participating. The funding comes on the heels of a $31M round last June and brings the total investment to just over $95M. The reason Freshdesk went back for more so soon, was that it has continued its phenomenal growth… Read MoreA Robot That Bought Drugs Online Is Now Free From Police Custody
If that headline doesn’t make much sense, welcome to the 21st century when a program designed to automatically buy random items from illegal marketplaces can be arrested by Swiss police. As you’ll recall, Swiss police seized a program called Darknet Shopper, a bot that visited darknet markets and bought random items with bitcoin. Most of the items were mundane – counterfeit… Read MoreAnd The Winners Of TechCrunch’s First Meetup In Seoul Are…
Last Thursday we held our first TechCrunch meetup in Seoul, Korea, in association with Campus Seoul from Google. Read MoreUnder Fire In India, Facebook’s Internet.org Launches In Indonesia
Facebook’s Internet.org program has expanded into Indonesia, a country with a 250 million population, marking its second largest launch in Asia to date. Read MoreAliyun, An Alibaba Unit, Is Building China’s First “Cloud Hospital”
Alibaba’s power doesn’t just stem from being the largest player in the world’s fastest-growing e-commerce market. The company also sits on hoards of data, gathered from its shopping sites, as well as its financial and cloud computing businesses. Now Aliyun, Alibaba’s cloud computing subsidiary, has entered a deal to build what it calls the first “cloud… Read More
Tuesday, April 21, 2015
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