Kiran Upadhyay

Native mobile advertising startup Avocarrot — which, interestingly, was in the first cohort of company builder Entrepreneur First — has been acquired by adtech company Glispa Global Group. Terms of the deal remain undisclosed, though TechCrunch understands from sources that the headline price is around $20 million. That’s likely a mixture of cash and stock and may also include various earn-out stipulations. It should also be noted that EF won’t make a dime out of this exit. Avocarrot joined the London-based company builder, which targets technical graduates to help them become entrepreneurs, before it started investing in the startups it puts through its program. In other words, as was the case when CustomInk was bought for a reported $100 million, EF didn’t have an equity stake in Avocarrot. How times have changed. That said, the exit does provide a little more validation that EF’s unique model works. Described as a native advertising Supply-Side Platform, Avocarrot offers a

Some interesting consolidation afoot in the travel industry: Concur, the travel and expense platform that was acquired by SAP in 2014 for $8.3 billion, is today making its own acquisition: it is buying Hipmunk, the travel search startup. The companies are not disclosing the terms of the deal but we are trying to find out. Hipmunk had raised around $55 million since being founded in 2010, but its valuation has never been sky-high. Some clues to the value of this deal: Its last valuation as of 2014 (ahead of two small venture rounds) was around $96 million, according to PitchBook.  We at TechCrunch had last heard around April 2016 that it was trying to raise money, but in a down-round. In the event, Hipmunk picked up a small $5.75 million in venture funding that very month. Hipmunk will be integrated into Concur’s platform (which currently has search already, but as a Concur user, I can attest to the fact that it’s not that great and will be very much improved by adding Hipmunk).

The announcement comes a year-and-a-half after Uber hired dozens of researchers from Carnegie Mellon University’s robotics center to develop the technology. Uber gave a few members of the press a sneak peek Tuesday when a fleet of 14 Ford Fusions equipped with radar, cameras and other sensing equipment pulled up to Uber’s Advanced Technologies Campus (ATC) northeast of downtown Pittsburgh. During my 45-minute ride across the city, it became clear that this is not a bid at launching the first fully formed autonomous cars. Instead, this is a research exercise. Uber wants to learn and refine how self driving cars act in the real world. That includes how the cars react to passengers — and how passengers react to them. “How do drivers in cars next to us react to us? How do passengers who get into the backseat who are experiencing our hardware and software fully experience it for the first time, and what does that really mean?” said Raffi Krikorian, director of Uber ATC. If they a

After Google launched the first version of its Angular web application framework in 2010, it quickly became one of the hottest web technologies. Since then, the web has changed, though, and when Google announced Angular 2 in 2014, it created quite a stir in the web development community because this new version wasn’t just an update, but instead a complete rewrite that wasn’t compatible with the older version. Today, after numerous preview and beta releases, the company is officially launching the final release version of Angular 2.0. “Angular 1 first solved the problem of how to develop for an emerging web,” the company writes in today’s announcement. “Six years later, the challenges faced by today’s application developers, and the sophistication of the devices that applications must support, have both changed immensely.” Application developers today, however, also have a far wider choice of JavaScript frameworks. Facebook’s React framework especially has a lot of momentum behi