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View the latest news and breaking news from techcrunch website today with updated daily to provide the world, weather, entertainment, politics, commentaries, sports, business, lifestyle, entertainment and health news.



the latest in the binary capital blowup — and what it means for startup investing

 binary capital, the san francisco-based early stage fund whose cofounder, justin caldbeck, resigned this past sunday, is shutting down for all practical purposes. a source tells bloomberg that the young firm, which had closed its second fund last year with $175 million in commitments but barely begun to invest that capital, will be wound down. binary’s portfolio companies, including from… read more





crunch report | a bad day for cybersecurity

today’s stories a massive new ransomware attack is spreading around the globe target’s next-day essentials delivery service opens to customers in pilot test cloudflare launches app development platform, announces $100m investment fund uber now lets you request a ride for someone else credits written and hosted by: john mannes filmed by: joe zolnoski edited by: gregory… read more





apple music’s first new personalized playlist wants you to chill

 this week apple is beginning to roll out the first new personalized playlist under apple music’s ‘for you’ section. the playlist, entitled ‘chill’ is muxed based on editorial curation and algorithmic interpretation of your musical tastes. a small number of test users got the new playlist yesterday evening. an updated chill playlist will be delivered every sunday… read more





cannabis delivery startup eaze confirms theft of some user data from service provider

 an anonymous source tipped off crunchbase news that eaze, the series b-stage cannabis delivery startup with over $24 million in venture funding, has experienced a security incident. some of its user data may have been stolen by a former employee of don davidson, md, a medical service provider that provides patient consultations and medical cannabis recommendations (the equivalent of a… read more





mit’s gas-powered drone is able to stay in the air for five days at a time

 last month, a team of mit engineers launched jungle hawk owl from the back of a compact car. it was the first flight for the 24-foot-wide drone, which the team believes is capable of staying in the air for five days on a single tank of gas. the craft was designed to address a challenge posed by the u.s. air force. read more





andy rubin-backed ar hardware startup castar reportedly shuts down

 an augmented reality headset startup founded by former valve employees and funded by android co-creator andy rubin’s playground global is shutting down after it failed to receive further investment. castar was building a headset device that projected holographic images into the field-of-view of a user, similar to products being built by companies like microsoft and magic leap. read more





magic wormhole is a clever way to send files easily and securely

 if you need to transfer a couple hundred megs to a coworker or friend across the country, you aren’t short on options. in fact, options are thick on the ground, and all have their own issues. don’t you wish you could just speak a few magic words and send stuff directly to them, no intermediate upload, no web interface, no login? magic wormhole is a clever way to do just that. read more





someone claiming to be a vc admits he doesn’t hire women out of fear he’ll get sued

 on kqed’s forum show today host queena sook kim discussed venture capital’s sexist culture. but during the call, someone claiming to be a vc emailed the show to say he would not hire a woman “out of fear that we will get sued.” not hiring women capable of filling a role at your workplace simply because they are female is illegal. read more





boundless, navigator cre and off the record take prizes at techcrunch’s seattle pitch-off

 it was a lovely day for a meetup in seattle, and the showbox sodo was packed as techcrunch’s annual pitch-off in my home town took place last week. but as impressive as our 10 contestants were, only three would leave with tickets to disrupt sf. and here they are. read more





google news gets a fresh coat of paint

 after years of sticking with essentially the same design, nobody was going to accuse google news of looking modern. while the rest of the company’s portfolio received major facelifts in recent years, google news started looking a bit neglected (and cluttered). that’s all changing today. read more





there’s a war brewing in japan, and the banks should pay attention

 people often use the term “time machine model” in japan. it refers to the lag with silicon valley when it comes to startups and innovation. when a time machine model gains momentum locally, usually it means war. the most notable recent example of this is the war of the news apps. now there is a similar war brewing in japan; this time it is for mobile p2p payments. read more





japan’s snes classic gets famicom look and tweaked game selection

 everyone’s excited about the snes classic edition, what with its twee 90s look and fantastic selection of games. but as with its nes predecessor, the japanese version of the device is significantly different, outside and in — here are the differences between the two. read more





andy rubin-backed ar hardware startup castar reportedly shuts down

 an augmented reality headset startup founded by former valve employees and funded by android co-creator andy rubin’s playground global is shutting down after it failed to receive further investment, polygon reports. castar was building a headset device that projected holographic images into the field-of-view of a user, similar to products being built by companies like microsoft and… read more





ford gobike launches in the bay area starting tomorrow

 ford’s gobike dock-based bike-share program kicks off tomorrow, june 28 in the bay area. the program is being run in collaboration with motivate, a platform operator and service provider for bike-sharing networks, and will offer up 3,500 bikes by summer’s end throughout san francisco, the east bay and san jose. by the end of 2017, the plan is to have the network cover 546 stations… read more





credit karma touts $500 million in revenues

 it turns out that you can make a lot of money by giving stuff away for free. that’s the lesson from credit karma, which today is announcing that it’s running its business profitably after earning $500 million in revenues last year. read more





someone claiming to be a vc admits he doesn’t hire women out of fear he’ll get sued

 on kqed’s forum show today host queena sook kim discussed venture capital’s sexist culture. but during the call, someone claiming to be a vc emailed the show to say he would not hire a woman “out of fear that we will get sued.” we don’t how kqed obtained this email or what their methods are for verification of letters sent to the show. however, not hiring… read more





today’s huge ransomware attack has only made about $7,500 so far

 ransomware attacks are bigger than ever, but the payouts appear to be shrinking. while the ransomware suspected to be a variant of petya makes headlines around the world, whoever set it loose isn’t really making a whole lot of money, especially if they paid for the software to begin with. read more





twitter has a new vp of inclusion and diversity

 a few months after jeffrey siminoff left his position as vp of diversity and inclusion at twitter, the company has brought on candi castleberry singleton to lead twitter’s diversity efforts. read more





ford gobike launches in the bay area starting tomorrow

 ford’s gobike dock-based bike-share program kicks off tomorrow, june 28 in the bay area. the program is being run in collaboration with motivate, a platform operator and service provider for bike sharing networks, and will offer up 3,500 bikes by summer’s end throughout san francisco, the east bay and san jose. by the end of 2017, the plan is to have the network cover 546 stations… read more





pandora ceo tim westergren is officially out amid company shakeup

 following rumblings of a shakeup over the weekend, pandora confirmed today that co-founder tim westergren is stepping down from his role as ceo. naveen chopra, who stepped in as the company’s cfo back in february, will be filling in the top spot as interim ceo while the board of directors looks for a permanent replacement. read more