Airbnb made it easier for travelers to find a place to crash. Now it wants to make it easier for them to get around. The $31 billion home-sharing giant has hired Fred Reid as its first-ever global head of transportation. Reid served as the founding chief executive officer of Virgin America from 2004 to 2007 after…
French startup Deepomatic just raised a new funding round of $5.1 million in equity funding and $1.1 million in debt. Hi Inov is leading the round, with Alven Capital and Bertrand Diard also participating. Deepomatic lets you build your own computer vision applications for your industrial needs. The company gives you all the tools to…
It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a…
If you’ve got a Flickr account, hopefully you’re already aware: the free 1 terabyte plan is going away. If you’re on a free Flickr account, the company is only going to let you keep 1,000 photos at a time. Anything past that will be auto deleted, starting with the oldest stuff. The deadline for saving…
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. Spotify buys Gimlet and Anchor in podcast push, earmarks $500M for more deals Spotify is going after podcasts in a major…
As more organizations move to cloud-based IT architectures, a startup that’s helping them secure that data in an efficient way has raised some capital. vArmour, which provides a platform to help manage security policies across disparate public and private cloud environments in one place, is announcing today that it has raised a growth round of…
Instacart is facing another class-action lawsuit pertaining to the way it pays its independent contractors, NBC News reports. Instacart guarantees its workers at least $10 per job, but workers are alleging Instacart offsets wages with tips from customers. The suit alleges Instacart “intentionally and maliciously misappropriated gratuities in order to pay plaintiff’s wages even though…
Tesla has had a brisk merch business for years now, thanks to its fervent owner base and fans, who are enthusiastic supporters of the company and its CEO Elon Musk. But until now, those Tesla-branded items — everything from water bottles and hats to jackets, chargers and once a surfboard — have been sold through…
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. Facebook now lets everyone unsend messages for 10 minutes For up to 10 minutes after sending a Facebook Message, the sender…
Facebook is taking action in Myanmar, the Southeast Asian country where the social network has been used to incite racial tension and violence, after it banned four armed groups from its service. The U.S. company said in a blog post that it has booted the groups — the Arakan Army (AA), the Myanmar National Democratic Alliance…
