Reports emerged today that the FTC is considering a fine against Facebook that would be the largest ever from the agency. Even if it were ten times the size of the largest, a $22.5 million bill sent to Google in 2012, the company would basically laugh it off. Facebook is made of money. But the […]

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If you’ve ever enthusiastically sent your spit off in the mail, you were probably anxious for whatever unexpected insights the current crop of DNA testing companies would send back. Did your ancestors hang out on the Iberian peninsula? What version of your particular family lore does the science support? Most people who participate in mail-order […]

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They may be free, but they sure pay. Games with no upfront cost but a plethora of other ways to make money generated a mind-blowing $88 billion in 2018 according to SuperData’s year-end report — leaving traditional games (and indeed movies and TV) in the dust. While it may not come as a surprise that […]

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Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons — from nearly the day it launched, to its near merger with rival DraftKings, to its […]

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One SF startup wants you to get home from a day at work and polish off a bottle of wine by yourself. Vinebox isn’t really trying to get you wasted though, these bottles are cute and tiny. The small startup is hoping that they can get consumers into the idea of buying premium quality wine-by-the-glass […]

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Salesforce put the finishing touches on a tower in San Francisco last year. In October, it announced Salesforce Tower in Atlanta. Today, it was Dublin’s turn. Everyone gets a tower. Salesforce first opened an office in Dublin back in 2001, and has since expanded to 1,400 employees. Today’s announcement represents a significant commitment to expand even further, […]

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Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has […]

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Big week for Google wearable news — which, honestly, is not a phrase I expected to write in 2019. But a day after the company announced an agreement to purchase Fossil’s wearable technology for $40 million, Alphabet-owned research group Verily just scored FDA clearance for its electrocardiogram (ECG) technology. The clearance pertains specifically to the […]

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DJI, the world's leading maker of consumer drones, said today that extensive corruption discovered within the company could lead to losses as great as $150 million in the 2018 financial year. The exact nature of the corruption is not stated, but it seems to involve dozens of people at the least.

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Eisar Lipkovitz, a veteran Google executive who most recently led the video and display advertising team there, is leaving the company to head up engineering efforts at Lyft . As executive vice president of engineering, Lipkovitz will be leading Lyft’s engineering team, which now eclipses 1,000 people. Lipkovitz’s hiring comes on the heels of massive […]

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There are just three short weeks until Silicon Valley’s startup community takes a night off to relax, connect and get down at the 2nd Annual TechCrunch Winter Party at Galvanize. It’s not just an opportunity to have a great time — although you will. It’s also the chance for promising early-stage startups to strut their […]

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How do you do, fellow kids? After Facebook Watch, Lasso and IGTV failed to become hits with teens, the company has been quietly developing another youthful video product. Multiple sources confirm that Facebook has spent months building LOL, a special feed of funny videos and GIF-like clips. It’s divided into categories like “For You,” “Animals,” […]

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With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geter, the new collaborative investment strategy focused on tech startups will […]

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Google is removing apps from Google Play that request permission to access call logs and SMS text message data but haven’t been manually vetted by Google staff. The search and mobile giant said it is part of a move to cut down on apps that have access to sensitive calling and texting data. Google said in […]

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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. Tesla to cut workforce by 7 percent and focus on Model 3 production In an email to employees, CEO Elon Musk […]

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