All posts by Ingrid Lunden

Sean Parker has left Spotify’s board; Padmasree Warrior, Thomas Staggs join in lead up to IPO

 As Spotify inches its way to a public listing, the streaming music company — which now has 140 million users — has made some significant changes to its board of directors. Sean Parker, the early supporter and investor who once founded digital music service Napster and helped usher Facebook into the world, has left Spotify’s board of directors, along with Klaus Hommels,… Read More

Intel and the IOC ink 7-year Olympics tech deal for VR, drones and more

 Intel has been targeting the sports industry as part of its bigger push into emerging technologies (and finding customers for the resulting new services), and today the company announced its latest play in that area. Intel has signed a wide-ranging deal with the International Olympic Committee to develop technology solutions for the Olympic Games, including developing applications and… Read More

Intel steps up security efforts in Israel with Team8, Illusive and a new cyber center

 Israel is one of the world’s centers for cybersecurity technology, and today Intel is announcing a trio of developments in the region to help it take better advantage of that. The company is embarking on two new collaborations with Israeli security startups Team8 and Illusive (which was spun out of Team8), and it’s expanding its cyber center in the country. From what we… Read More

Mic adds $6.5M from WPP to build out its news brand for millennials

 Millennials remain a hot target for digital marketing and advertising, and so perhaps unsurprisingly, a startup building news and other publishing services targeted specifically at that demographic has raised some money from one of the world’s biggest ad agencies. Mic, the New York-based site and publisher of “branded content” aimed at 20- and early 30-somethings with an… Read More

Twitter bots get enterprising, courtesy of Sprout Social

 These days, the idea of bots on Twitter might be associated more with accounts that auto-Tweet, auto-like, and auto-retweet messages, or are corralled into large armies that follow people and do other things en-masse. But as the idea of artificial-intelligence- driven messengers starts to take hold in the tech world, and specifically in areas like customer service, Twitter is positioning… Read More

Nextdoor, now in 160,000 neighborhoods globally, expands to Germany

 Nextdoor, the social network that connects you with people in your neighborhood, is taking another step up in its global growth, after launching in the Netherlands and the UK last year. Today, the company is opening for business in Germany, the largest internet market in Europe. The move comes as the company says it is now used in 160,000 neighborhoods across the US, UK and Netherlands, with… Read More

Klarna gets a full banking license, gears up to go beyond financing payments

 After Anders Holch Povlsen and his firm Brightfolk bought up a stake of at least $225 million in Klarna earlier this month, today the profitable Swedish payments startup, now valued at over $2.25 billion, is stepping up its game. Klarna has announced that it has picked up a full banking license from Finansinspektionen, the Swedish Financial Supervisory Authority. The license will give… Read More

Walmart to buy Bonobos for $310M as it doubles down on fashion

 Walmart today doubled down on its efforts to continue building out a online retail fashion business in its bid to outpace Amazon in the wider world of commerce and specifically e-commerce. Today it announced that it would acquire menswear site Bonobos for $310 million in cash. The deal is part of a bigger strategy at Walmart, the world’s largest physical retailer, to grow its… Read More

Apple hires Sony’s Jamie Erlicht and Zack Van Amburg in original content push

 Look out, Netflix and Amazon. After dipping its toe into the water with Planet of the Apps, today Apple announced the latest development in its push into original content. It is hiring Jamie Erlicht and Zack Van Amburg, who since 2005 had been co-presidents of Sony Pictures Entertainment, to lead video programming at the company. We’ve been hearing rumors about Apple’s interest… Read More

Samsung quietly acquired VR app studio VRB, sources say for $5.5M

 Samsung has been bullish on virtual reality hardware, hoping that its early moves in headsets and devices to shoot content will give it a stronger position in the space as (and if!) it continues to expand to more applications and users. Now TechCrunch has learned that as part of that effort, it’s also made an acquisition. Samsung quietly bought a New York-based startup called VRB, which… Read More