See you in Shenzhen next week for our next TechCrunch China event!

 See you in Shenzhen next week for our inaugural TechCrunch China event in the world’s hardware innovation capital. The show runs June 19-20, and we’ll be interviewing and talking to top level executives from a range of tech companies that include: Vice President of the Didi Chuxing Research Institute Dr. Fengmin Gong — Didi opened…

Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab

 Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which will be led by SoftBank, a company with many links to Alibaba. Separately, TechCrunch has confirmed with a source…

Now is the time to apply for Startup Battlefield Africa

 We’re looking for a few good startups based in sub-Saharan Africa to participate in our inaugural Startup Battlefield Africa, and all you startup folks out there in the region aren’t going to want to miss this. TechCrunch is excited to be partnering with Facebook to bring our illustrious startup competition, the Startup Battlefield, to Nairobi,…

China’s Mobike raises $600M to expand its bikes on-demand service worldwide

 Mobike, one of two fast-emerging on-demand bike rental services, has landed $600 million in new funding as it seeks to expand its business outside of China. Bike rentals are shaping up to be the first global tech industry that was born in China. The principle is simple: bikes are fitted with GPS trackers which allows…

Hiro Tamura is the Atomico partner U.S. founders should know; here’s why

 If you’re a U.S.-based founder and you’ve ever wondered how to pitch the London-based firm Atomico or, more specifically, who to pitch, Hiro Tamura is someone you might get to know better. Though he’s based in London, Tamura is the general partner who spends the most time in the U.S. — about one week a month…

Crunch Report | Twitter Redesigns Desktop and Mobile

Twitter gets a redesign to their Desktop and mobile expereince, Slack is raising $500 Million at a $5 billion valuation, Musically starts creating original content and Careem raises $150 Million. All this on Crunch Report. Read More Go to Source Author: Khaled "Tito" Hamze Powered by WPeMatico

Nostalgia still marks the way forward for Nintendo

 This year’s E3 was another perfect example. There was no new hardware for the show and a number of the company’s biggest games were previously announced. Nintendo’s online presser rolled out trailer after trailer of familiar faces, and yet the showing was widely regarded as a triumph for the gaming giant by the online community…

Microsoft’s AI beats Ms. Pac-Man

 As with so many things in the world, the key to cracking Ms. Pac-Man is team work and a bit of positive reinforcement. That… and access to funding from Microsoft and 150-plus artificial intelligence agents — as Maluuba can now attest. Last month, the Canadian deep learning company (a subsidiary of Microsoft as of January)…

VR’s killer app: business services

 Enterprise adoption is trumping entertainment uses and will spring VR and AR into the mainstream. Read More Go to Source Author: Chris Young Powered by WPeMatico

Talking with Alda Leu Dennis, the newest partner at Initialized Capital

 It’s only been a few days since she started her new job, but Alda Leu Dennis, the newest partner (and COO) of Initialized Capital, seems like she’s ready to hit the ground running. Given her background, that’s not surprising.  Dennis just joined the 15-person, San Francisco-based firm from the secondary investment firm 137 Ventures, where…