Blog

    • Rental property platform AvantStay, which owns and runs 150 high-end properties and focuses on group travel, raises $20M Series A led by 3L Capital (Samson Amore/Los Angeles Business Journal)

    Samson Amore / Los Angeles Business Journal: Rental property platform AvantStay, which owns and runs 150 high-end properties and focuses on group travel, raises $20M Series A led by 3L Capital  —  West Hollywood-based hospitality technology startup AvantStay Inc. announced a $20 million Series A financing round led by 3L Capital, a venture capital investor

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    • A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs (Josh Constine/TechCrunch)

    Josh Constine / TechCrunch: A look at Peloton, which may raise $1.2B in this week’s IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs  —  13 reasons this bike has a cult  —  It makes lazy people like me work out.  That’s the genius of the Peloton bicycle. A

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    • Korean exchange Upbit says it is delisting six "privacy coins" including Monero, Dash, and Zcash following June's FATF guidance and a similar delisting by OKEx (William Foxley/CoinDesk)

    William Foxley / CoinDesk: Korean exchange Upbit says it is delisting six “privacy coins” including Monero, Dash, and Zcash following June’s FATF guidance and a similar delisting by OKEx  —  Another cryptocurrency exchange has delisted a slew of privacy coins following recent regulatory requirements … Korean exchange Upbit says it is delisting six "privacy coins"

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    • Facebook will sunset its group stories feature, available globally since December of last year, on September 26 (Queenie Wong/CNET)

    Queenie Wong / CNET: Facebook will sunset its group stories feature, available globally since December of last year, on September 26  —  Facebook is killing a feature that allows administrators and members who’re part of the social network’s groups to post videos and photos that vanish within 24 hours, the company said on Friday. Facebook

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    • Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one (Connie Loizos/TechCrunch)

    Connie Loizos / TechCrunch: Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one  —  If you haven’t heard much about litigation finance, that may change soon.  The practice dates back decades … Legalist, which funds lawsuits for a cut

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    • JD.com launches Jingxi, its online group-buying service focused on China's lower-tier cities and rural areas, to compete with Pinduoduo (Wency Chen/KrASIA)

    Wency Chen / KrASIA: JD.com launches Jingxi, its online group-buying service focused on China’s lower-tier cities and rural areas, to compete with Pinduoduo  —  Beijing-based JD.com has launched its online group-buying service Thursday in a move to catch up with China’s social e-commerce tide that gave rise … JD.com launches Jingxi, its online group-buying service

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    • Hackaday Links: September 22, 2019

    Of all the stories we’d expect to hit our little corner of the world, we never thought that the seedy doings of a now-deceased accused pedophile billionaire would have impacted the intellectual home of the open-source software movement. But it did, and this week Richard Stallman resigned from the Computer Science and Artificial Intelligence Lab

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    • Streaming services are gambling big on old shows, like AT&T's $1B for Big Bang Theory and Netflix's $500M for Seinfeld, with no way to know their actual worth (Steven Zeitchik/Washington Post)

    Steven Zeitchik / Washington Post: Streaming services are gambling big on old shows, like AT&T’s $1B for Big Bang Theory and Netflix’s $500M for Seinfeld, with no way to know their actual worth  —  The numbers are enough to make you think it’s 1995 and George is first getting mad at Jerry for breaking their

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    • Apple Arcade may break the iOS game industry's risk-averse focus on in-app purchases, promoting games with higher quality than free-to-play games (Todd Martens/Los Angeles Times)

    Todd Martens / Los Angeles Times: Apple Arcade may break the iOS game industry’s risk-averse focus on in-app purchases, promoting games with higher quality than free-to-play games  —  The iPhone and its App Store changed gaming.  And not always for the better.  —  Yet now with Apple Arcade, a game subscription service launching this week

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