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Data From Alibaba's E-Commerce Sites Is Now Powering A Credit-Scoring Service
Jan 28, 7:29AM
Alibaba Group affiliate Ant Financial Services has unveiled a new credit-scoring system that uses data from the e-commerce giant’s sites to gauge users’ creditworthiness. Dubbed Sesame Credit, the new service is an example of how Alibaba’s reach in China goes far beyond online shopping. Read More
Senator Al Franken's Concerns About Uber's Privacy Policy Linger
Jan 28, 1:42AM
U.S. Senator Al Franken today sent another letter to Uber’s Travis Kalanick, probing the embattled CEO to provide more information about the company’s privacy policies. Franken, a Minnesota Democrat, first contacted Kalanick about the car service’s policies in November. The inquiry came after BuzzFeed reported that an Uber executive suggested the company would intimidate… Read More
Omniref Adds JavaScript To Its Code Annotation Platform
Jan 28, 1:08AM
YC-backed Omniref gave its code annotation and reference platform a big boost this week with the addition of support for JavaScript, the popular programming language used to make interactive browser-based apps and backend server code using libraries like Node.js. Read More
Hands On With Windows 10
Jan 28, 12:01AM
TechCrunch went hands-on with Windows 10 to show you the best of the latest build of Microsoft’s new operating system. To make it extra pure, we put Windows 10 through its paces on a Surface Pro 3. Windows 10 is Microsoft’s effort to build an operating system that can run on any screen size and accept various modes of input depending on where it is deployed. In the video, keep an… Read More
Europe Gets A Cyber Security Incubator
Jan 28, 12:01AM
London’s crowded startup accelerator scene is getting a new addition. Not fintech-related, this time — rather the focus is cyber security. The Cyber London (CyLon for short) 12-week program, has been co-founded by Alex van Someren of VC firm Amadeus Capital Partners, along with Jonathan Luff and Grace Cassy, co-founders of strategic technology consultancy Epsilon Advisory Partners. Read More
Marissa Mayer Pretends "MaVeNS" Isn't A Silly Acronym, Says It Represents Yahoo's Future
Jan 27, 11:25PM
Yahoo CEO Marissa Mayer has been talking for a while now about how mobile, video, native advertising, and social are the company’s key growth areas. Now she’s come up with an interesting way to refer to them — MaVeNS. I don’t know how you feel, but personally, I’m not convinced that it’s, um, the best acronym ever. I mean, the unusual capitalization is… Read More
HelloSponsor Connects Brands With Local Events Looking For Sponsorships
Jan 27, 11:16PM
While programmatic ads continue to reshape the web advertising landscape, the market for advertising at public events still lags behind. HelloSponsor, which just launched after going through AngelPad’s accelerator, is looking to modernize event sponsorship for brands by simplifying the experience and building up metrics so that they can measure the impact of their campaigns. Read More
Nielsen Shows Kindle Unlimited Users Buy More Books
Jan 27, 11:07PM
Amazon has been unsurprisingly reticent about sharing data about their Kindle Unlimited program, a subscription system that lets you download ostensibly free ebooks, mostly from Indie authors. Nielsen research is showing that users who subscribed to Kindle Unlimited spend more on books in general, on a monthly basis, than those who do not. Nate Hoffelder has done a bit of analysis and saw… Read More
Tim Cook Says Apple Watch Ships In April
Jan 27, 10:12PM
The Apple Watch will start shipping in April to consumers, according to Apple CEO Tim Cook, who revealed that month as the expected target launch date for the company on Apple’s Q1 2015 earnings call. The timeframe for launch was described as “early 2015″ when the Apple Watch was originally announced in September of last year. The Apple Watch release date has been the subject… Read More
Apple Just Had The Most Profitable Quarter Of Any Company Ever
Jan 27, 10:11PM
Apple had a pretty good quarter. And by “pretty good”, I mean it was the biggest quarter in history. And not just for Apple. For any company. Ever. Read More
Led By iPhone, Apple China Sales Top $16B In Q1, Up 157% On Q4, 70% vs. A Year Ago
Jan 27, 10:05PM
Apple Q1 earnings have been a record-breaker for iPhone sales, and Apple is also hitting a high in another area: China. Today the company reported sales of $16.144 billion in the country, up 157% on Q4 and 70% on a year ago. Elsewhere outside of the U.S., Apple reported revenues of $17.2 billion in Europe (up 20% on a year ago); $5.4b in Japan (up 8%) and $5.2 billion in the rest of Asia… Read More
Will 2015 See The Death Of The Robo Advisors?
Jan 27, 10:00PM
If 2014 was the year that robo advisors came of age, then we’ll probably look back at 2015 as the year the traditional asset management industry fought back. Is this move going to be the death of Wealthfront, Personal Capital, Betterment and the rest of the robos? Will the new entrants with their mix of low fees, great online tools and portfolios of ETFs that automatically rebalance be… Read More
Microsoft Closes Down 9.25% After Its Earnings Report Fails To Impress The Street
Jan 27, 9:43PM
Today, Microsoft shed tens of billions of dollars in value, after its earnings failed to impress the investing classes. Microsoft closed down 9.25 percent in regular trading. The company’s shares slipped after-hours yesterday by several points in the immediate aftermath of the report, which indicated that Microsoft had earned $0.71 per share on revenue of $26.5 billion. The latter… Read More
Apple Sells 5.5 Million Macs In Q1 2015
Jan 27, 9:39PM
Apple sold 5.5 million Macs over the holiday quarter (ending December 28), according to the company’s Q1 2015 earnings report released today. Analysts estimated that Apple would sell 5.68 million Macs this quarter, putting the electronics maker just under estimates but still showing growth YOY. With this past quarter’s 5.5 million units sold, Apple totally flat in the category from… Read More
Apple Beats In Q1 2015 With $74.6B Revenue, $18B Profit And $3.06 EPS
Jan 27, 9:33PM
Apple has just released its fiscal Q1 2015 earnings, reporting $74.6 billion in revenue, $18 billion in net profit representing $3.06 per share. This is the largest corporate quarterly earnings of all time, above Gazprom, Royal Dutch Shell and ExxonMobil. Compared to the year-ago quarter, it corresponds to a growth of 29.5 percent in revenue, and 47.8 percent in EPS (adjusted for the… Read More
Apple Sells A Super-Sized 74.5M iPhones In Q1 2015 Thanks To Super-Sized 6 And 6 Plus
Jan 27, 9:33PM
The iPhone 6 and 6 Plus have helped Apple sell an astounding 74.5 million iPhones during the first quarter of the company’s fiscal 2015 year. That’s more iPhones than they’ve ever sold during a single quarter, up from the previous record of 51 million iPhone sales reported during the same time last year, and above the consensus estimate of around 67 million per Wall… Read More
Yahoo Reports Mixed Q4 With Mobile Revenue Of $254M, Total Top Line Of $1.18B
Jan 27, 9:18PM
Today Yahoo reported its fourth-quarter financial performance, including revenue excluding the cost of acquiring traffic of $1.179 billion, and non-GAAP earnings per share of $0.30. The market had expected the company to report $1.19 billion in revenue, and non-GAAP earnings of $0.29 per share. Yahoo also announced that it plans to spin its remaining stake in Alibaba out into a new company.… Read More
Yahoo Plans To Spin Off Its Alibaba Stake, Tax Free, Into A New Company
Jan 27, 9:17PM
In addition to releasing its (mixed) fourth-quarter earnings report, Yahoo just announced its plan to spin off its stake in Alibaba into a new company, currently dubbed “SpinCo.” The new company will own all of Yahoo’s 384 million remaining shares in Alibaba, valued at $40 billion. The spin off will be tax-free, which had been predicted and was one of the main concerns of… Read More
YouTube Now Streams HTML5 Video By Default
Jan 27, 8:00PM
Here is one more nail in Flash’s coffin: starting today, YouTube defaults to using HTML5 video on all modern browsers, including Chrome, IE 11, Safari 8 and the beta versions of Firefox. YouTube first introduced HTML5 support back in 2010. At the time it was still highly experimental. Over the years, as the HTML5 standard — and with it, its video implementation — matured,… Read More
Be Honest About Whether Your Product Really Makes A Difference
Jan 27, 8:00PM
Startups in a world of massive markets can be confusing. The law of large numbers; platforms that can make your company blow up unexpectedly and the trendy nature of tech markets are deceiving. Success for many is ephemeral. Read More
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