Building a great startup requires more than genius and a great invention

Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy.

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KZen raises $4 million to bring sanity to crypto wallets

KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Benson Oak Ventures, Samsung Next, Elron Ventures invested. Ohayon, who has worked at Internet Lab and founded TechCrunch France and Appsfire, wanted to create an […]

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Here are the companies that pitched in Startup Battlefield MENA

Today in lovely Beirut, Lebanon TechCrunch held its first Startup Battlefield in the country. Over 700 people watched the show on site, which featured speakers from throughout the Middle East and 15 startups competing in Startup Battlefield. A winner will be chosen at the end of the day and they will walk away with a […]

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We’re kicking off Startup Battlefield MENA, here are the startups and agenda

We’re kicking off Startup Battlefield MENA here in Beirut, where 15 startups will be taking the stage, along with speakers from Facebook (our partner on the event through its FB Start program), Instabug, Eventus, Wuzzuf, Careem and Myki. For those of you who can’t be here in person, check back on TechCrunch later today, where […]

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Tech In Asia lays off staff after canceling planned ICO

Earlier this month, media startup Tech In Asia surprised its readers when it announced plans to implement an $18 per month paywall. More expensive than packages for the Bloomberg and the Wall Street Journal, the subscription went live this week. It’s designed to make the business self-sustaining after a tricky period of business in which […]

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SparkLabs is launching a cybersecurity and blockchain accelerator program in the US

Investment firm SparkLabs has run accelerator programs across APAC, now it has announced its first that’ll be based on U.S. soil and it’s a cybersecurity and blockchain program that’ll be located in Washington, D.C. from next year. The program will be led by former Startup Grind COO Brian Park and Mike Bott, who is ex-managing […]

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Mary Meeker, author of the Internet Trends Report, is leaving Kleiner Perkins

Mary Meeker is leaving Kleiner Perkins to build a new fund and she’s taking the firm’s growth team with her, as first reported by Recode. Meeker, widely known for her annual Internet Trends Report, joined the firm in 2010 after two decades as a managing director at Morgan Stanley. She was well-established as a tech analyst on Wall Street. In Silicon Valley, she quickly built a reputation as one of the best.

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Verizon declines to comment on WSJ report saying Tim Armstrong is in talks to leave Oath

The Wall Street Journal is reporting that Tim Armstrong is in talks to leave Verizon as soon as next month. Armstrong heads up the carrier giant’s digital and advertising division, Oath (formerly AOL, prior to the Yahoo acquisition and the subsequent merger of the two units). Oath also happens to be TechCrunch’s parent, of course. […]

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Yahoo still scans your emails for ads — even if its rivals won’t

You’re not the only one reading your emails. A deep dive in The Wall Street Journal on Tuesday dug out new details on a massive email scanning operation by Oath, the Verizon-owned subsidiary that’s the combined business of AOL and Yahoo. The email-scanning program analyzes over 200 million AOL and Yahoo inboxes for data that […]

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Yahoo and AOL will continue to scan your emails for precious advertising data

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If you’re a Yahoo or AOL email user, advertisers have a pretty good picture of exactly who you are because Yahoo and AOL are scanning your emails.

According to the Wall Street Journal, Oath, the Verizon subsidiary that owns both email providers, “has been pitching a service to advertisers that analyzes more than 200 million Yahoo Mail inboxes and the rich user data they contain.” This data is then used to figure out what products and services to target its users with. The pitch also broadens out to bring AOL users’ emails into the fold.

After Verizon acquired AOL in 2015 and then Yahoo in 2017, the telecommunications giant rolled the two companies under a subsidiary that houses its digital content properties called Oath. Properties such as Huffington Post, Engadget, Tumblr, and Techcrunch all operate under the Oath umbrella. Using this data obtained through users’ emails, Oath can offer its advertisers precision ad targeting across these digital media properties. Read more…

More about Advertising, Yahoo, Verizon, Email, and Aol

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One Medical raises $350 million from Carlyle Group to help double up offices and offerings

One Medical has confirmed to TechCrunch it has closed on funding from the Carlyle Group for a new cash infusion worth $350 million. This announcement follows an earlier report this week One Medical was seeking to close a $200 million deal, on top of a possible $100 million in stock for the financing firm. However, […]

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Japan’s Freee raises $60M to grow its cloud accounting business

Japan-based accounting software company Freee, one of the country’s most-prominent startups, has raised a $60 million Series E funding round as it bids to expand its services into other areas of management for its customers. Freee was founded six years ago — we wrote about the startup when it raised a Series A in 2013 — […]

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