Predatory Parking App Booted From San Francisco Tries Los Angeles Next

MonkeyParking is the rare kind of app that forced San Francisco's tech-teeming citizenry to throw up their hands and say "enough." The illegal app was chased out of town by the City Attorney after residents and politicians alike objected to a startup auctioning off public street parking to the highest bidder. Now the … » 9/22/14 7:35pm Today 7:35pm

Lyft Guts Luxury Service, Sticking Drivers With $34,000 Custom SUVs

In May, Lyft launched a program to compete with Uber's black car and SUV services. Drivers had to pony up $34,000 to purchase the "tricked-out" Lyft-branded Ford Explorers just to get into the pool. But the luxury pilot bombed, leaving "Lyft Plus" drivers with the expensive SUVs they were forced to buy. » 9/22/14 6:10pm Today 6:10pm

It Just Got Easier to Sue Failed Kickstarter Campaigns for a Refund

Kickstarter has decided to update its famously laissez-faire attitude when it comes to protecting donors who have pledged more than $1 billion through the company over the years. The new terms state that a successfully funded campaign that fails to produce "rewards," i.e. the product, may have to "return remaining… » 9/22/14 5:25pm Today 5:25pm

UPDATE 6:30pm: Apple has denied TechCrunch's claims that Beats Music is being shut down, saying the report "is not true." Re/code further refuted TechCrunch's story, writing: "Apple won't shutter the streaming service. It may, however, modify it over time, and one of those changes could involved changing the Beats… » 9/22/14 4:19pm Today 4:19pm

Meet The Special People Helping Celebrities Invest In Startups

The New York Times has located a new breed of hustlers trying to convince Hollywood celebrities to make money off startups instead of traditional endorsement deals. It's not even a hard sell, according to Timothy Karunaratne: "I think it's a fair statement to say most people would rather be Mark Zuckerberg than Will… » 9/22/14 1:30pm Today 1:30pm

Rand Paul Opening Silicon Valley Office to Fund Expected Presidential…

Republicans have been ratcheting up their efforts to win-over the new money elites of the tech boom. The latest move comes from Senator Rand Paul, who announced he's opening an office in the Bay Area—fueling speculation that he's planning to run for president in 2016 and plans to use technolibertarians as his personal… » 9/22/14 1:00pm Today 1:00pm

Kevin Rose Is Competing With His Own Investment

On September 4th, Kevin Rose, the Digg founder turned partner at Google Ventures, sent out a series of texts to the folks who were beta testing his new photo-sharing app, Tiiny. People were curious about the similarities between Tiiny and another photo-sharing app, Cap, made by Rose's protege Danny Trinh. » 9/19/14 4:35pm Friday 4:35pm

Are Investors Afraid of the Tech Bubble? Let's Read Their Emails

For the first time in a long time, some of venture capital's biggest names are openly worried. Sky-high valuations, easy money, and mounting burn rates are on everyone's mind (and in everyone's blog posts). But what's the private reaction? » 9/19/14 3:01pm Friday 3:01pm

Groupon Sneaks Out Horrible Diversity Report Before Alibaba IPO

Tech titans slowly began releasing their diversity numbers earlier this year as a well-intentioned conversation starter about the industry's troubling sameness. But as the disclosures pressed on, companies began burying their reports, hoping no one would notice how truly terrible their gender and racial breakdowns… » 9/19/14 1:49pm Friday 1:49pm

Larry Ellison's Oracle Started As a CIA Project

Yesterday, Vox somehow managed to write an entire article about the history of Oracle and its founder Larry Ellison without mentioning the CIA even once. Which is pretty astounding, given the fact that Oracle takes its name from a 1977 CIA project codename. And that the CIA was Oracle's first customer. » 9/19/14 1:44pm Friday 1:44pm

TechCrunch Takes Brave Stand Against Sexism Towards Men

The internet's app release bulletin board of record is expanding into new territory: MRA editorials, straight from the dankest depths of some godforsaken subreddit. » 9/18/14 5:14pm Thursday 5:14pm

Microsoft Shutting Down Silicon Valley Research Lab Amid Layoffs

The company that brought you classics like Windows 3.1 and Windows 95 is making a move that doesn't bode well for future breakthroughs: according to canned employees, its R&D lab in Silicon Valley is closing. » 9/18/14 2:48pm Thursday 2:48pm

This Has to Be the First Intentional #Normcore Magazine Cover

Bloomberg Businessweek's explanation of this cover is so aggressively content-free as to itself probably count as a performance of #normcore. But they are famously deliberate about their design decisions, and so the real explanation of this scare-quote "ugly" and scare-quote "amateurish" treatment must lie… » 9/18/14 1:56pm Thursday 1:56pm

Your Electronics Are Probably the Product of Forced Labor

The internet keeps a close eye on what companies like Apple, Samsung, and Sony import out of Southeast Asia, since those components hint at products coming down the pipeline. The Department of Labor keeps a close watch too, but for a very different reason: Uncovering "modern-day slavery" by the factories that make… » 9/18/14 12:29pm Thursday 12:29pm

VC Shocked By Startups Wasting the Wasteful Money He Handed Them

Fred Wilson is a star venture capitalist, one of those check-cutting white men whose blog posts are read like tea leaves by his peers (Think Marc Andreessen with less skull and more brain). But complaining about wasteful startups wasting the excessive cash you dumped on them is a dumb look. » 9/17/14 5:25pm Wednesday 5:25pm