Three years ago, the founder of LendingClub, Renaud Laplanche, took the wraps off his second act, a consumer lending venture called Upgrade that now employs 350 people, has lent roughly $2 billion to 200,000 people, and has raised $142 million from investors. It was jumping into a crowded market that has only grown more frenzied,…
Udacity, the online education company founded by Sebastian Thrun, is launching a new scholarship initiative as part of the Pledge to America’s Workers job training initiative undertaken by the administration of President Donald Trump. Under the leadership of newly minted chief executive Gabe Dalporto, Udacity is committing to giving away free introductory technology training classes…
SAP today announced that Bill McDermott, its CEO for the last nine years, is stepping down immediately. The company says he decided not to renew his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been appointed co-CEOs. McDermott, who started his business career as a deli owner in Amityville, Long Island and…
Toronto-based BehrTech, licensee of the new MIOTY low-power wide-area (LPWA) technology, has come out swinging, it says, both as it gathers business from incumbent LPWA rivals and as it sets itself for a full tilt at the IoT connectivity market in 2020. The firm has opened an office in Asia Pacific a year ahead of…
Add two-time Oscar winner Alfonso Cuarón to the list. The filmmaker has signed a multiyear deal with Apple to develop television shows for Apple TV+, making Cuarón yet another big name locked down for Apple’s upcoming streaming service. Source link Shiv EswarShiv has over 8 years experience working on Internet of Things and an avid…
Jascha Kaykas-Wolff Contributor Jascha Kaykas-Wolff is CMO of Mozilla. These are dark days for trust. Darkest of all for marketers and advertisers. Only 3% of people trust marketing and advertising, the lowest of any industry or practice, and that trust is falling fastest among millennials, an ominous sign for the future. We have no one…
Sophos said it is fixing a vulnerability in its Cyberoam firewall appliances, which a security researcher says can allow an attacker to gain access to a company’s internal network without needing a password. The vulnerability allows an attacker to remotely gain “root” permissions on a vulnerable device, giving them the highest level of access, by…
Valued at $535 million, autonomous retail startup Standard Cognition has emerged as a soon-to-be tech giant and the best hope for merchants to compete with Amazon Go. Cashierless checkout is poised to transform brick-and-mortar commerce, and shop owners fear having to battle Amazon’s technology alone or partner with it, exposing data it could use against…
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple pulls HKmap from App Store, the day after Chinese state media criticized its ‘unwise and reckless decision’ to approve it…
Color Genomics, the genetics testing company, is partnering with Alphabet’s health technology focused subsidiary, Verily Life Sciences, to provide information from its genetic tests to the company’s Baseline Health Study participants. The emphasis from both companies is on providing “actionable” results. While genetic testing services have caught the public’s imagination for their ability to provide…
