How do you compete with the world’s largest chat app in its strongest market? Hike, the Indian messaging app valued at more than $1 billion, is taking a unique approach to battling WhatsApp which involves dismantling its service, layering it on budget Android phones and offering free connectivity. The company, which is backed by the likes of Tencent and Foxconn, today unveiled… Read More

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 Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. But the best part is that you can set it up and forget about it as Revolut uses your device’s location data to automatically turn insurance coverage on and off. By default, insurance coverage costs £1 per day… Read More

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 Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards,… Read More

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 A month after announcing plans to open its first AI lab in China, Google is expanding again through a move into Shenzhen. The U.S. tech giant has opened an office in the Chinese city, which borders Hong Kong and known for being a global hardware hub, according to an internal email obtained by TechCrunch. This isn’t a fully-blown Google campus, instead the company has taken up space within… Read More

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 In an effort to regain advertisers’ trust, Google is announcing what it says are “tough but necessary” changes to YouTube monetization. Read More

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 TWiT, officially known as This Week in Tech, is suing Twitter. The audio and video media platform alleges breach of written contract, breach of oral agreement, intentional interference with prospective economic advantage and trademark infringement. Read More

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 The Awl, the hard-to-classify site that published compelling personal essays, media commentary and much more, announced today that it will be shutting down at the end of January, along with its sister site The Hairpin. The site was founded in 2009 by Gawker alums Choire Sicha and Alex Balk, and while you could definitely hear echoes of the Gawker style, it soon established itself as a home for… Read More

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 On Tuesday, the Senate undertook a cloture vote to end debate on a bill that would renew a controversial legal loophole that provides U.S. intelligence agencies with a means for the warrantless surveillance of American citizens. With 60 for and 38 against, the Senate voted in favor of cloture, a considerable blow to privacy advocates who have long pushed for reform. Read More

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 Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and app to make it easier to manage your spending, is finally launching to U.K. consumers. Up until now, the service remained in beta and was only officially available to business users. Read More

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 Seems DJI was keeping its powder dry last week at CES. The drone giant announced a pair of camera gimbals at the show, but the big news was still a couple of weeks away. The company has sent out invites for its next big announcement, set for January 23 in New York City. The location could be a hint as far as what to expect here. In recent years, the company has preferred Los Angeles as the… Read More

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 After years of drought and parched conditions, the U.S. tech IPO market could see a number of well-known players push forward with their debuts in 2018. That sentiment is grounded in the number of companies currently rumored to have filed or started preparation for a public debut. However, the wave may not manifest. In the past few years, there has been a surprising dearth of IPO activity. Read More

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 Marketron, a company whose software helps radio and TV broadcasters manage their advertising, has a new owner and a new CEO. The company announced this morning that it has been acquired by private equity firm Diversis Capital. It also announced that Michael Collins, previously the CEO of mobile ad startup Adelphic, is taking over from Jeff Haley as CEO. Read More

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 Former Uber engineer Anthony Levandowski, who has been accused of stealing trade secrets from former employer Waymo, might have thought things couldn’t get much worse. But a new lawsuit filed by Levandowski’s former nanny suggests that the exact opposite is true. In fact, much of the nanny’s lawsuit — filed by a personal injury attorney in Fair Oaks, Calif., and rife… Read More

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 A lawsuit filed today by the attorneys general of 22 states seeks to block the Federal Communications Commission’s recent controversial vote to repeal Obama era Net Neutrality regulations. The filing is led by New York State Attorney General Schneiderman, who called rollback a potential “disaster for New York consumers and businesses, and for everyone who cares about a free and… Read More

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 Recreational marijuana might be having its moment, but that doesn’t mean that all the kinks are worked out. Because of laws that still classify it as an illicit substance on the federal level, the banking industry has yet to warm up to the burgeoning weed business for fear of criminal liability. Read More

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