Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation | TechCrunch
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of facilitating payments, it helps developers share banking and other financial information more easily. It’s the kind of service that makes sense for a company like Visa. The startup bought Quovo two years ag
Ex-Google policy chief dumps on the tech giant for dodging human rights | TechCrunch
Ex-Google policy chief dumps on the tech giant for dodging human rights Google’s ex-head of international relations, Ross LaJeunesse — who clocked up more than a decade working government and policy-related roles for the tech giant before departing last year — has become the latest (former) Googler to lay into the company for falling short of its erstwhile “don’t be evil” corporate motto. Worth no
Facebook plans June 18th cryptocurrency debut. Here's what we know | TechCrunch
Media & Entertainment Facebook plans June 18th cryptocurrency debut. Here’s what we know Facebook is finally ready to reveal details about its cryptocurrency codenamed Libra. It’s currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics, according to a source who says multiple investors briefed on the project by Facebook were told that date. Meanwhile, th
Maker Faire halts operations and lays off all staff | TechCrunch
Financial troubles have forced Maker Media, the company behind crafting publication MAKE: magazine as well as the science and art festival Maker Faire, to lay off its entire staff of 22 and pause all operations. TechCrunch was tipped off to Maker Media’s unfortunate situation which was then confirmed by the company’s founder and CEO Dale Dougherty. For 15 years, MAKE: guided adults and children th
Yubico’s new security keys now support FIDO2 – TechCrunch
Yubico, the company behind the popular Yubikey security keys, today announced the launch of its 5 Series keys. The company argues that these new keys, which start at $45, are the first multi-protocol securities keys that support the FIDO2 standard. With this, Yubico argues, the company will be able to replace password-based authentication, which is often a hassle and unsecure, with stronger hardwa
Oracle wins appeal against Google in copyright case | TechCrunch
If you thought the Oracle v. Google saga was over at last, we have some bad news for you. On Tuesday, the U.S. Court of Appeals for the Federal Circuit breathed new life into the case, ruling that Google violated copyright law when it used Oracle’s Java APIs to create the Android mobile operating system. You can read the full ruling here. The case revolves around a central question: Is a programmi
Pokémon Go launch in Japan postponed after email leak | TechCrunch
Game-maker Niantic has postponed today’s scheduled launch of Pokémon Go in Japan following an email leak. Yesterday we reported that the game was due to go live in Japan today (Wednesday), but the companies behind Pokémon Go have canceled that plan, a source close to the launch told TechCrunch. One major reason for that change of heart is that internal communication from McDonalds Japan, the game’
Mozilla Will Stop Developing And Selling Firefox OS Smartphones | TechCrunch
Mozilla Will Stop Developing And Selling Firefox OS Smartphones Farewell Firefox OS smartphones. Mozilla today announced an end to its smartphone experiment, and said that it would stop developing and selling Firefox OS smartphones. It will continue to experiment on how it might work on other connected devices and Internet of Things networks. The announcement was made earlier today at Mozilla’s de
Microsoft Partners With ConsenSys To Use Ethereum To Provide Blockchain-As-A-Service | TechCrunch
The Ethereum project and ConsenSys, the company created by one of the project’s co-creators, have received a huge vote of approval from one of the world’s biggest enterprise software providers — Microsoft. The company will be working with ConsenSys to provide development tools for Microsoft’s enterprise customers on the Azure platform. “Focusing on financial services we saw a lot of potential for
Y Combinator Just Introduced a New Program to Reach Up to "1,000" Companies Per Year | TechCrunch
For better or worse, Y Combinator is putting the pedal to the metal. On the heels of some of its biggest classes to date, the well-known accelerator is today introducing yet another new program. That initiative? The YC Fellowship program. The broad strokes are as follows: About 20 teams that are “very, very early” and haven’t yet received funding elsewhere will be chosen by Y Combinator to receive
Rakuten To Put Its Bitnet Investment To Work And Accept Bitcoin Worldwide | TechCrunch
Rakuten, Japan’s largest online retail firm, has announced that it will soon accept bitcoin across its global marketplaces. The company is putting its investment in Bitnet — a startup that raised $14.5 million last October — to work with this development. Bitnet, which was founded by ex-Visa execs and is rivaled by Coinbase and Bitpay, will initially be integrated into Rakuten’s U.S. marketplace t
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Blockchain gaming gets a boost with Mythical Games’ $16M Series A – TechCrunch
China reportedly infiltrated Apple and other US companies using ‘spy’ chips on servers – TechCrunch
Litecoin founder Charlie Lee has sold all of his LTC | TechCrunch
Bitcoin engineer Jameson Lopp SWATted by angry crypto fans | TechCrunch
Naspers pours $5M into Coins, a fintech startup for Southeast Asia's unbanked population | TechCrunch
Google will now let users pay with any card they have on file, not just those saved in Android Pay | TechCrunch
Why Greece Should Not Switch To Bitcoin | TechCrunch
NeuCoin Is A Bitcoin Alternative Designed For Microtransactions | TechCrunch