Nintendo’s Switch has only been on sale for 10 months but already it has outsold its predecessor, the Wii U, the flop that heralded Nintendo’s first step into hybrid gaming. The Japanese tech giant shifted a little over 13.5 million Wii U consoles across its entire lifecycle, and today Nintendo revealed that the Switch has reached 14.86 million sales to date. Business was so… Read More
31
Jan
2018
Nintendo’s Switch took just 10 months to outsell the Wii U
Nintendo’s Switch has only been on sale for 10 months but already it has outsold its predecessor, the Wii U, the flop that heralded Nintendo’s first step into hybrid gaming. The Japanese tech giant shifted a little over 13.5 million Wii U consoles across its entire lifecycle, and today Nintendo revealed that the Switch has reached 14.86 million sales to date. Business was so… Read More
Uber is launching a bike-sharing service next week in partnership with JUMP, a startup that recently received the first and only permit to operate dockless bike-sharing in San Francisco. JUMP’s contract with the San Francisco Municipal Transportation Agency enables it to launch 250 of its dockless, electric bikes in San Francisco. After the first nine months of the program, the SFMTA… 
Google has announced some tweaks to search snippets to try to avoid creating problematic information hierarchies. 
What began as a movement among couture culturati with the success of Rent the Runway has moved into everything from cars (Porsche’s got a subscription service ) to construction equipment and furniture.
Well, the Los Angeles-based startup Joymode has just raised $14 million to be the subscription service for nearly everything else. 
Asana, the productivity and collaboration service, is getting a major infusion of cash after Generation Investment Management, a London-based firm backed by former U.S. Vice President Al Gore, led a $75 million investment. Investment Management was joined in this Series D round by existing backers 8VC, Founders Fund, Y Combinator President Sam Altman who also participated in the round.… 
Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies.
“Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our… 
Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round.
Bench first launched out of TechStars NYC in 2012. Back then, the company was called 10Sheet, and it aimed to providing… 
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… 
A new vertical fund from pan-European VC firm Speedinvest is officially outing today. Dubbed “Speedinvest x” and targeting a final closing of €25 million, of which €20.5 million has already been committed, the micro VC fund will target early-stage marketplace startups exclusively. 
Samsung has ended Intel’s 25-year run as the world’s biggest seller of chipsets after it posted its 2017 end of year financials. The Korean tech giant’s chipset division — which has long been its biggest hitter — grossed total revenue of $69 billion in 2017, eclipsing the $62.8 billion Intel reported for last year. That was a record year for Intel — and…