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Amazon scared investors away from competing grocery stores today when it acquired Whole Foods for $13.7 billion. Wal-Mart, Target, Costco, Kroger, and more all saw their share prices sink dramatically. Amazon’s ecommerce empire, sophisticated trucking distribution network, advanced technology, and deep pockets could all help Whole Foods run circles around its old-fashioned rivals. As of
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We’re looking for a few good startups based in sub-Saharan Africa to participate in our inaugural Startup Battlefield Africa, and all you startup folks out there in the region aren’t going to want to miss this. TechCrunch is excited to be partnering with Facebook to bring our illustrious startup competition, the Startup Battlefield, to Nairobi,
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Chris Young is managing general partner at Revel Partners, a B2B software early-stage venture fund. More posts by this contributor: Virtual reality and augmented reality had a reality check in 2016. Despite heavy investment and industry buzz, the predicted mass adoption of VR/AR never materialized. Scratch below the surface, however, and you can see the
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Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is joining
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Update: It happened! Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding just above its IPO price. Snap’s last earnings report resulted in a disaster, and while the company still managed to stay
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In recent years, GitHub has fundamentally changed developer workflows. By centralizing code on an easily accessible platform, the company was able to rapidly change the way people code. Following in these footsteps, Israeli startup Codota wants to further optimize workflows for the often neglected developer community — this time with machine intelligence. The company is announcing
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How should Facebook decide what’s allowed on its social network, and how to balance safety and truth with diverse opinions and cultural norms? Facebook wants your feedback on the toughest issues it’s grappling with, so today it published a list of seven “hard questions” and an email address — hardquestions@fb.com — where you can send feedback and
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