Tech News

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  1. Drama is heating up between the dating apps. Tinder, which is owned by Match Group, is suing rival Bumble, alleging patent infringement and misuse of intellectual property. The suit alleges that Bumble “copied Tinder’s world-changing, card-swipe-based, mutual opt-in premise.” The lawsuit also accuses Tinder-turned-Bumble employees Chris Gulczynski and Sarah Mick of copying elements of the design. […]
  2. Facebook announced late Friday that it had suspended the account of Strategic Communication Laboratories, and its political data analytics firm Cambridge Analytica — which used Facebook data to target voters for President Donald Trump’s campaign in the 2016 election. In a statement released by Paul Grewal, the company’s vice president and deputy general counsel, Facebook […]
  3. Upload, the VR startup which was rocked by a sexual harassment suit exactly one year ago, is shutting down both its San Francisco office and its 20,000 sq. foot Los Angeles co-working space as it struggles to secure new funding, multiple sources tell TechCrunch. All of the company’s LA employees were laid off yesterday. The […]
  4. There’s a new twist in the BroadQualm saga this afternoon as Qualcomm has said it won’t renominate Paul Jacobs, the former executive chairman of the company, after he notified the board that he decided to explore the possibility of making a proposal to acquire Qualcomm. The last time we saw such a huge exploration to […]
  5. When we wrote about gaming startup Kahoot passing significant milestones of 70 million users on 51 million educational quizzes in January, we mentioned that the Oslo, Norway-based startup was closing another round of funding. Now, that has come to pass: Kahoot has announced that it has raised $17 million, at a valuation that sources close to […]
  6. Botnets are fascinating to me. Who creates them? What are they for? And why doesn't someone delete them? The answers are probably less interesting than I hope, but in the meantime I like to cheer when large populations of bots are exposed. That's what security outfit F-Secure's Andy Patel did this week after having his curiosity piqued by a handful of strange likes on Twitter.
  7. Zuora, which helps businesses handle subscription billing and forecasting, filed for an initial public offering this afternoon following on the heels of Dropbox’s filing earlier this month. Zuora’s IPO may signal that Dropbox going public, and seeing a price range that while under its previous valuation seems relatively reasonable, may open the door for coming […]
  8. It was a big debut for enterprise cloud security company Zscaler, which saw its shares skyrocket 106% on its first day of trading. After pricing at $16, shares opened at $27.50, and closed at $34. This was also well above the original expected price range for its IPO of $10 to $12. The company ultimately raised […]
  9. The Tingles team has not done much in the way of promotion, but the app has already built a fairly sizable following in its community. That’s one of the nice things about a targeted product — it spreads fast. In the year since Slovenian co-founders Gasper Kolenc and Miha Mlakar launched, the service has focused […]
  10. Society is beginning to wake up to a tremendous shift in one of the most fundamental underpinnings to how we live our lives: the credit system. Even though it’s not commonly known, credit infrastructure has existed about as long as civilization itself. In one way or another, credit systems have always formalized the one essential basis for relationships between people: trust.