Year: 2018

31 Jul 2018

Only one week left to apply for Startup Battlefield Latin America

Startups in Latin America, your time is running out. You have just one week to apply for the inaugural TechCrunch Startup Battlefield Latin America on November 8, 2018, in São Paulo, Brazil. The application page can be found here, and the deadline to fill out an application is Monday, August 6 at 5 p.m. PST.

Just last week we were in Buenos Aires and Santiago to speak with startups, VCs and accelerators about Startup Battlefield. Startup Battlefield is TechCrunch’s premier startup competition, which over the past 12 years has placed 750 companies on stage to pitch top VCs and TechCrunch editors. Those founders have gone on to raise more than $8 billion and produce more than 100 exits. Startup Battlefield Latin America aims to add 15 great founders from Latin America to those elite ranks.

Here’s how Startup Battlefield Latin America works. TechCrunch editors with years of pitch-off experience review all eligible applications (more on eligibility in a moment) and select 15 finalists.

Finalists receive free pitch coaching and will be prepped and raring to go for the main event, which takes place in front of a live audience at São Paulo’s Tomie Ohtake Institute. During three preliminary rounds, five startups per round will each have six minutes to pitch and present their demo before a panel of top VC judges. The judges have six minutes following each pitch for a rigorous Q&A.

Five of the 15 startups will move on to the finals and pitch again to a new set of judges and, out of that final cohort of five, the judges will pick one startup to be the first TechCrunch Startup Battlefield Latin America champion.

The winning founders receive a $25,000 non-equity cash prize and a trip for two to the next TechCrunch Disrupt, where they can exhibit free of charge in the Startup Alley. While there, they might even qualify to participate in the Startup Battlefield.

And then there’s the media coverage — and it’s not just for the winning team. All Battlefield participants benefit from the broad exposure that comes with competing in Startup Battlefield. In addition to the potential interest of the media outlets and investors sitting in the audience, we video all the Startup Battlefield sessions and post them on TechCrunch.com. That’s pretty awesome exposure.

Now, let’s get down to eligibility. All founders must meet these basic requirements:

  • Have an early-stage company in “launch” stage
  • Be headquartered in one of these countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela, (Central America) Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, Panama, (Caribbean — including dependencies and constituent entities), Dominican Republic and Puerto Rico
  • Have a fully working product/beta reasonably close to, or in, production
  • Have received limited press or publicity to date
  • Have no known intellectual property conflicts
  • Apply by August 6, 2018, at 5 p.m. PST

Now that you know the drill, what’s stopping you from taking your shot? Startup Battlefield Latin America goes down on November 8, 2018, in São Paulo, Brazil, but you must apply by August 6, 2018, at 5 p.m. PST. We want to see you there, so apply right now!

31 Jul 2018

EA launches premium subscription with latest Battlefield and Fifa

Video game company EA is slowly switching its business model to recurring subscriptions. The company just launched Origin Access Premier for $15 per month or $100 per year. This subscription is only available on PC.

This isn’t EA’s first subscription. The company first launched EA Access on the Xbox One. For $5 per month or $30 per year, you can download a play old EA games as part of your subscription.

EA Access doesn’t include the most recent games. But you can play the latest Fifa, Madden and Battlefield games a few months after their initial releases. Usually, EA Access games don’t include any DLC or extra content.

In addition to full games, EA Access lets you try new EA games for 10 hours. You also get 10 percent off on EA digital purchases.

In 2016, EA launched a similar service on PC for the same price. In addition to a collection of EA games, the company partnered with Warner Bros. Interactive Entertainment and other game companies. You can find indie hits, such as The Witness, Oxenfree and Trine 2.

And now, EA is launching a more expensive subscription tier. With Origin Access Premier, you get new EA titles a few days before launch day. For instance, you’ll be able to download and play Madden NFL 19, Fifa 19, Battlefield V and Anthem when they launch in the coming months.

Subscribers won’t have to pay for DLCs, or at least not as many. Games included in the subscription are deluxe editions (Fifa Ultimate Edition, Battlefield V Deluxe, etc.).

In order to convince people to subscribe right away, EA is adding deluxe editions of Battlefront II, Fifa 18, Unravel Two, Fe or The Sims 4 right away.

Other companies have launched subscription services, such as Microsoft with the Xbox Game Pass and Sony’s PlayStation Now. This is an interesting shift as game companies are getting ready for cloud computing.

While many people still buy games on DVDs and play on gaming consoles, the industry is slowly going to switch to cloud gaming. You will launch a game on a server in a data center near you and stream the video feed to the device in front of you.

It doesn’t make as much sense to own a game if you don’t even run it on your console in your living room. By creating recurring subscriptions and putting together gaming libraries, companies can increase recurring revenue.tt

31 Jul 2018

WhatsApp now allows group voice and video calls between up to 4 people

WhatsApp has added a much-requested new feature after it began to allow users to make group voice and video calls.

It’s been just over three years since the company, which is owned by Facebook, introduced voice calls and later a video option one year later. Today, WhatsApp counts over 1.5 billion monthly users and it says they make over two billion minutes of calls via its service each day.

Starting this week, callers can now add friends by hitting the “add participant” button which appears in the top right corner of their screen. The maximum number of participants is four and, impressively, WhatsApp said the calls are end-to-end encrypted.

That’s not an easy thing to do. Telegram, a self-professed secure messaging app, hasn’t even gotten around to encrypting its group messaging chats, let alone group calls.

On the encryption side, WhatsApp has long worked with WhisperSystems to cover all messages and calls on its platform from prying eyes and ears. That said, the relationship between the two become a little more complicated this year when WhatsApp co-founder Brian Acton donated $50 million of his wealth — accumulated from Facebook’s acquisition of his company in 2014 — to the Signal Foundation, which is associated with WhisperSystems.

Acton quit Facebook last year — this year he encouraged people to delete the social network for its data and privacy screw-ups — while his fellow WhatsApp co-founder Jan Koum joined him in departing in May of this year.

Like Acton, Koum was apparently irked by scandals such as Cambridge Analytica, although his on record explanation for quitting was to “do things I enjoy outside of technology, such as collecting rare air-cooled Porsches, working on my cars and playing ultimate frisbee.” Each to their own…

31 Jul 2018

Nintendo’s profit jumps 88% as it nears 20 million Switch sales

Nintendo released its latest earnings report today and the headline is that the company has now sold nearly 20 million Switch consoles. The actual number is 19.67 million as of the end of June, so add July sales and the 20 million milestone is likely to have already been hit. Either way, it has easily surpassed its predecessor, the much-maligned Wii U.

Overall, the business recorded a 30.5 billion JPY ($275 million) operating profit, up 88 percent year-on-year, as revenue grew 9 percent to reach 168 billion JPY, or $1.5 billion.

The Japanese firm sold 1.88 million Switches in the most recent quarter, which is actually down from 1.97 million one year ago, although this quarter tends to be a slow one ahead of the holiday season. That slip was made up for on the software side as sales of Switch games jumped from 8.1 million last year to 17.96 million in the most recent quarter.

Nintendo has a bunch of new titles incoming — including Super Smash Bros. Ultimate and two Pokémon titles — while its Nintendo Switch Online service is due to launch in September so there’s plenty more to come. That said, Nintendo has some work to do if it is to hit its target of 20 million Switch sales during the current financial year.

Elsewhere, Nintendo said it sold 1.26 million of the NES Classic Edition when it was relaunched in June, while it sold 1.39 million Labo kits for the Switch.

The companies mobile gaming business continues to do well, grossing nine billion JPY, $81 million, in the quarter. That’s likely to spike when the company introduces Mario Kart Tour (huzzah!) and new title Dragalia Lost for mobile before March 2019. Although Nintendo suggested that the pipeline for new mobile games will slow once these two new arrivals are released.

31 Jul 2018

Dixons Carphone now says ~8.8M more customers affected by 2017 breach

A Dixons Carphone data breach that was disclosed earlier this summer was worse than initially reported. The company is now saying that personal data of 10 million customers could also have been accessed when its systems were hacked.

The European electronics and telecoms retailer believes its systems were accessed by unknown and unauthorized person/s in 2017, although it only disclosed the breach in June, after discovering it during a review of its security systems.

Last month it said 5.9M payment cards and 1.2M customer records had been accessed. But with its investigation into the breach “nearing completion”, it now says approximately 10M records containing personal data (but no financial information) may have been accessed last year — in addition to the 5.9M compromised payment cards it disclosed last month.

“While there is now evidence that some of this data may have left our systems, these records do not contain payment card or bank account details and there is no evidence that any fraud has resulted. We are continuing to keep the relevant authorities updated,” the company said in a statement.

In terms of what personal data the 10M records contained, a Dixons Carphone spokeswoman told us: “This continues to relate to personal data, and the types of data that may have been accessed are, for example, name, address or email address.”

The company says it’s taking the precaution of contacting all its customers — to apologize and advise them of “protective steps to minimize the risk of fraud”.

It adds it has no evidence that the unauthorized access is continuing, having taken steps to secure its systems when the breach was discovered last month, saying: “We continue to make improvements and investments at pace to our security environment through enhanced controls, monitoring and testing.”

Commenting in a statement, Dixons Carphone CEO, Alex Baldock, added: “Since our data security review uncovered last year’s breach, we’ve been working around the clock to put it right. That’s included closing off the unauthorised access, adding new security measures and launching an immediate investigation, which has allowed us to build a fuller understanding of the incident that we’re updating on today.

“Again, we’re disappointed in having fallen short here, and very sorry for any distress we’ve caused our customers. I want to assure them that we remain fully committed to making their personal data safe with us.”

Back in 2015, Carphone Warehouse, a mobile division of Dixons Carphone, also suffered a hack which affected around 3M people. And in January the company was fined £400k by the ICO as a consequence of that earlier breach.

Since then new European Union regulations (GDPR) have come into force which greatly raise the maximum penalties which regulators can impose for serious data breaches.

Last month, following Dixon’s disclosure of the latest breach, the UK’s data watchdog, the ICO, told us it was liaising with the National Cyber Security Centre, the Financial Conduct Authority and other relevant agencies to ascertain the details and impact on customers.

Of the 5.9M payment cards which Dixons disclosed last month as having been compromised, it said the vast majority had been protected by chip and PIN technology. But around 105,000 lacked the security tech so Dixons said at the time could therefore have been compromised.

It’s the additional 1.2M records containing non-financial personal data — such as name, address or email address — that have been revised upwards now, to ~10M records, which constitutes almost half the Group’s customer base in the UK and Ireland.

The spokeswoman told us the Group has approximately 22M customers in the region.

31 Jul 2018

48 hours left to score early-bird tickets to Disrupt Berlin 2018

Chaucer wrote that “time and tide wait for no man.” With apologies to the “father” of English literature, we say that time and money wait for no entrepreneur. The deadline for saving big money on passes to Disrupt Berlin 2018, which takes place on November 29-30, comes to an abrupt halt on Wednesday August 1 at 11:59 p.m. CEST — in just 48 hours.

Right now, early-bird pricing tiers start at €595 including VAT. That’s a sweet deal because, depending on the tier you choose, early-bird pricing can save you up to €700. When time runs out, you pay more money. Don’t get sucked out with the tide. Buy your passes today.

Disrupt Berlin 2018 offers two program- and value-packed days for startup founders, investors, marketers, tech-heads, designers and innovators. We’re busy lining up an incredible group of speakers — including founders, VCs, tech titans and rising stars — who will step onto the Disrupt stage and hold forth on the most pressing and interesting tech and investment issues of the day. Here are just a few exciting examples from our lineup:

  • Anne Boden, the founder and CEO of Starling Bank
  • The four partners from VC firm Accel — Philippe Botteri, Sonali De Rycker, Luciana Lixandru and Harry Nelis
  • Aline Sara, founder of NaTakallam

We’re still accepting speaker nominations. If you have a fantastic candidate, by all means, send us your recommendation.

What incredible early-stage startup pitch competition helped launch more than 750 companies that have gone on to collectively raise $8 billion and produce 100 exits? Yeah, OK so it’s an easy answer. Startup Battlefield — with $50,000 cash and the chance for massive global media and investment exposure — is one of the most exciting elements of every Disrupt. Don’t just come and watch. Sign up to compete!

Our Disrupt Berlin exhibition hall — Startup Alley — always features hundreds of the best early-stage startups, and this year is no exception. Exhibiting in the Alley is a magnificent way to place your startup in front of media outlets, investors, accelerators, incubators, solo founders and developers. It’s prime networking territory.

Whether you’re a founder or an investor, you want to be as efficient about that networking as possible in your two days at Disrupt. CrunchMatch, our free, business match-making service, simplifies networking and saves you time. Last year, CrunchMatch generated a total of 888 meetings — and 97 percent of participants said they’d use the service again.

Disrupt Berlin 2018 takes place on November 29-30, and your chance to buy early-bird passes — and save up to €700 in the process — ends on Wednesday August 1 at 11:59 pm. CEST. Don’t make us quote Chaucer again. Buy your tickets now.

31 Jul 2018

Blockchain media project Civil turns to Asia with fund to kickstart 100 new media ventures

Civil, the blockchain-based journalism organization, is casting its eye to Asia after it set up a $1 million fund that’s aimed at seeding 100 new media projects across the continent over the next three years. The organization has teamed up with Splice, a Singapore-based media startup which will manage the fund, according to an announcement.

There’s been a lot of attention lavished on Civil for its promise to make media work more efficiently using blockchain technology and its upcoming crypto token, CVL. The organization has raised $5 million in financing from ConsenSys, the blockchain corporation led by Ethereum co-creator Joe Lubin, and its ICO takes place next month with the goal of raising around $32 million to launch its network and actively onboard new media companies worldwide.

But the company is waiting around. Civil has already actively jumped into the media space — providing financial backing to the newly-formed The Colorado Sun — but the scope of the project in Asia is different in trying to kickstart a wave of new media organizations by giving them money to get off the ground.

Alan Soon, co-founder and CEO of Splice, told TechCrunch that it hasn’t been decided whether the financing will be in the form of grants or equity-based investments. Despite that, he said deals will be “pre-seed, micro-investments to help entrepreneurs take their ideas to prototype stage.”

Soon said that all kinds of media are in play, ranging from the more obvious suspects such as publishers, reporting websites and podcasts to behind-the-scenes tech like automation, bots and adtech.

Notably, though, he clarified that the beneficiaries of the fund will be under no obligation to adopt Civil’s protocol, the technology that will be funded by the upcoming ICO. Splice itself, however, has committed to doing so which will mean it gains access to the network’s content, licensing opportunities and more.

“I’m with Civil because I really believe in their values,” Soon added. “They want to do the right thing for this space.”

31 Jul 2018

Samsung reports Q2 profit slowdown, says Galaxy S9 sales were lower than expected

Struggling against competition from Chinese smartphones, Samsung Electronics posted a lackluster second-quarter earnings report with its slowest profit growth in more than a year. On the bright side, the Korean tech giant said its semiconductor business is doing well.

Operating profit rose 5.7% year-over-year to 14.9 trillion won (about $13.3 billion), representing Samsung Electronic’s slowest quarterly profit growth since the first quarter of 2017. Net income was 11 trillion won (about $9.8 billion), almost the same result Samsung posted in the same period a year ago. Sales revenue dropped 4% to 58.5 trillion won (about $52.3 billion).

Samsung blamed lower-than-expected sales of the Galaxy S9, its flagship smartphone, seasonality and competition from lower-priced handsets. Two Chinese companies in particular, Xiaomi and Huawei, have emerged as formidable rivals, putting pressure on Samsung in China and India.

As in previous quarters, Samsung’s semiconductor business posted strong performance even as its smartphones suffered. Samsung reported that second-quarter operating profit for its chips rose 45% year-over-year to 11.6 trillion won. The company said it anticipated strong demand for chips during the second half of the year thanks to demand from high density data centers. It expects smartphone and tablet demand to continue lagging, however, thanks to competition from lower-priced devices with strong specifications.

31 Jul 2018

Logitech is buying Blue Microphones

Logitech today announced its intention to acquire Blue Microphones, the hardware company behind popular podcasting microphones like the Yeti and Snowball. It’s a pretty logical acquisition, as far as these things goog –Logitech already operates in the audio space, with speakers and gaming headsets.

The acquisition of Blue would add an important dimension to that category and help the company take on a rapidly expanding space. Blue’s best known products aren’t high-end, exactly, but they’ve become the go-to choice for upstart podcasters looking to get in on the ground floor in the medium.

Heck, we’ve been known to use them from time to time for our own podcasts. The company offers higher end products for music producers, as well, and in recent years, Blue has begun dabbling in the gaming space, offering up microphone and gaming bundles.

“Logitech’s acquisition of Blue Microphones will accelerate our entry into a growing market, and offers another way for us to help bring people’s passions to life,” Logitech CEO Bracken Darrell said in a release tied to the news. “Joining with Blue is an adjacent opportunity for us – a new way to grow – with additional synergies related to our existing gaming, PC webcam and audio categories.”

Blue is being acquired for $117 million in cash. We’ve reached out to the companies to determine what the deal will mean for the Blue brand and its existing staff.

31 Jul 2018

Firefox is getting a new logo (or 10)

When you think of “Firefox,” you probably think of something that looks like this:

Or, perhaps, something like this:

That logo (or some iteration between the two) has been the browser’s logo since it launched back in 2002. Its time for change, Mozilla says.

In a blog post about “evolving the Firefox brand,” Mozilla Creative Director Tim Murray outlines the company’s thinking: Firefox isn’t just one browser now. With side projects like Firefox Rocket (the company’s browser for connections with less bandwidth) and Firefox Reality (Firefox, but for virtual reality), the company is finding it needs a bit more wiggle room with its design language.

While they shared a few work-in-progress potential logos, they were quick to note that none of them are final. They might tweak things over time (and they’re asking for feedback), or just go back to the drawing board all together.

The whole thing might sound a bit up-in-the-air right now, and that’s mostly intentional — it’s still pretty early days in the process. But eventually, Firefox will be getting a new logo; or, more accurately, new logos.

The work was presented in two potential “systems,” each composed of one “Masterbrand” logo and 11 auxiliary logos. The masterbrand would be the primary one used for representing the brand as a whole, while those beneath it could each represent an individual product.

The two new “Systems” of icons:

If it’s a choice between the two systems, I like System 2 — but I’ve always liked the existing Firefox logo, and that’s the set that feels like more of an update and less of a complete replacement. It’s more “Firefox”, less just “fox.”

Firefox says the branding shift should come together “over the next few months” — so if you’re a fan of the classic logo, it’ll still be hanging around for a while.