Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay
Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Ant Financial, which manages payments service Alipay and Alibaba’s digital banking busi...
Uber’s Travis Kalanick details independent investigation regarding sexual harassment
Uber CEO Travis Kalanick sent a memo to employees today following allegations of sexual harassment from former Uber engineer Susan Fowler. In the memo, obtained by TechCrunch, Kalanick said the company has tapped former US Attorney General Eric Holder and Tammy Albarran, partners at law firm Coving...
Samsung takes a big hit in new US reputation poll
Last year was rough on just about everyone. Samsung seemed to get it especially bad, as the Note 7 saga stretched out over several months and two separate recalls. Somewhere in there, the electronic giant’s washing machines got caught up in the madness with a recall of their own, while its executiv...
Uber is not the only tech company that mishandles sexual harassment claims
On Sunday, a female former Uber engineer detailed her experiences of sexual harassment at the multibillion-dollar company. The engineer, Susan Fowler, said she experienced sexual harassment and had reported it to Uber’s human resources department but to no avail. Unfortunately, Fowler’s experience ...
In San Francisco, lease prices hold steady, but landlords offer more perks
Leasing commercial space in San Francisco is as expensive as ever, but prices are mostly holding steady for the first time in a long time — not rising. That shift has landlords offering more perks and brokers wondering what’s next. Their obvious concern: that good times can’t last forever, especia...
App Store bug boosts paid apps over subscriptions in the top charts
A number of smaller, paid applications scored a spot on the App Store’s Top Grossing chart over the weekend in what may have been either the test of a new App Store algorithm or a fairly significant bug. The issue began on Friday, and only seemed to affect the Top Grossing apps, but not the other c...
Legislation to stop U.S. border agents from demanding passwords and logins is on the way
Privacy advocates aren’t happy with proposals for enhanced digital prying at U.S. borders, and now that issue could be taken up in the Senate. In a letter to Homeland Security Secretary John Kelly, Oregon Senator Ron Wyden called for accountability around reports that U.S. Customs and Border agents...
New Zealand High Court upholds Kim Dotcom extradition ruling
Kim Dotcom, founder of Mega and Megaupload, has suffered another defeat in court. In the latest ruling, New Zealand High Court judge Murray Gilbert upheld an earlier decision finding that Dotcom and business associates could be extradited to the U.S. to face charges. Read More
Disrupt NY Startup Battlefield applications are due in a week
It takes about 15 minutes to fill out an application for Startup Battlefield and they’re due in a week. Stop procrastinating and submit your startup. Applications for Startup Battlefield at Disrupt NY are now open. We’re searching for new, up-and-coming startups to launch and compete on the TechCr...
Alienware’s 13 R3 is testament to small and powerful VR-capable laptops
Alienware’s latest offering is the smallest powerhouse laptop produced by the company. The 13 R3 is extremely compact for a VR-compatible system, but portability comes at a premium. Even so, the laptop has a lot to offer for gamers and everyday users outside of virtual reality. Especially since its...
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