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Jun 28, 3:00PM
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Geographic saturation is the key to network effects and profitability in the ridesharing business. The more drivers Uber or Lyft have in a given region, the faster the pick-up times, the better the customer experience, and the more rider demand — which in turn allows drivers to earn more money, and attracts more drivers to the network.
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Jun 28, 1:58PM
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LATEST: Watch the NASA press conference above, which should begin no earlier than 12:30 PM ET, to learn more about what happened during today’s failed CRS-7 mission launch. UPDATE: The SpaceX rocket seems to have broken apart entirely in what looks like a major mission failure. During the feed, the rocket start smoking and then appeared to come apart altogether about a minute or more…
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Jun 28, 12:00AM
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Most people didn’t notice last month when a 35-person company in San Francisco called HoneyBook announced a $22 million Series B. What was unusual about the deal is that nearly all the best-known Silicon Valley VCs competed for it. That’s because HoneyBook is a prime example of an important new category of digital company that combines the best elements of networks like Facebook…
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Jun 27, 9:50PM
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The obsession with “millennials” continues to fascinate me. Despite being the most outspoken generation in history, people – very important and powerful people – claim they don’t understand us. We make no sense apparently, as if the actions and career paths of our parents make total and complete sense. There are even consulting firms that specialize in teaching…
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Jun 27, 8:00PM
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Robot writers are hot. No, that statement is not a call to fix their air conditioners, much less to date them. It’s to acknowledge that pioneers in artificial intelligence (AI) and automated writing have gotten a lot of media attention (partly because it hits close to home; the deployments are public and noticeable and it invokes the perennial concern about job loss due to automation).
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Jun 27, 7:44PM
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I’m going to come right out and say it: few areas have been as hopeful and as disappointing as innovation in education. Education is probably the single most important function in our society today, yet it remains one of the least understood, despite incredible levels of investment from venture capitalists and governments. Why do students continue to show up in a classroom or start an…
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Jun 27, 4:00PM
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YC-backed Cymmetria, which is uncloaking from stealth now after around a year working its cyber security startup business, wants to tilt the traditional security odds so it’s hackers who are left feeling vulnerable and on their guard — by giving the businesses whose systems are under attack a ‘home advantage’.
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Jun 27, 3:00PM
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The music business is about to undergo another seismic shift. And Apple’s streaming service is the tsunami that will force the industry to rebuild. Again. It was around 2005 when I joined Warner Bros. Records as their new head of technology. I was the 20-something-year-old kid who was supposed to have every answer about all things digital.
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Jun 27, 1:00PM
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Hearken to me, my fellow developers. We live in complex and confusing times. Once we sought to make things ever simpler. Then we discovered that simple isn’t necessarily scalable, or efficient, or resilient, and turned to favoring composition over simplicity, deconstructing our systems into multiple independent services. And now–well–now it sometimes seems we have hit upon…
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Jun 27, 6:00AM
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On the heels of Microsoft’s acquisition of the Berlin startup darling 6Wunderkinder for a price between $100 and $200 million, the debate rages on about whether Berlin startups should be bolder and wait longer for an exit. The consensus in the Berlin startup ecosystem is that we are still missing one extraordinarily big success.
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Jun 26, 10:00PM
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Euphoric reaction to superstar tech businesses is rampant — so much so that the tech industry is in denial about looming threats. The tech industry is in a bubble, and there are sufficient indicators for those willing to open their eyes. Rearing unicorns, however, is a distracting fascination.
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Jun 26, 9:48PM
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Hello, friends, and welcome to a slightly more important episode of CrunchWeek. This week, we became vassals of a new empire, Taylor Swift bequeathed her most recent album to Apple’s new streaming product, and WikiLeaks is back in the news as fresh NSA leaks have emerged.
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Jun 26, 9:39PM
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Intuit has confirmed to TechCrunch that it has laid off 399 people, or just under 5 percent of the company’s roughly 8,000 employees, in a re-alignment of the company. Patrick Barry has also stepped back from leading Demandforce, though he remains an employee of Intuit.
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Jun 26, 9:19PM
TechCrunch has an unofficial tradition of welcoming people back into the fold. We like to think that they go out into the cold, realize how warm and toasty it is by our fire and want to get themselves some more of that. Today, we’re continuing the tradition by welcoming back Drew Olanoff to TechCrunch as a Senior Writer. I worked with Drew previously at The Next Web, where he wrote some…
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Jun 26, 8:53PM
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It’s Friday, so you deserve a modest respite. Happily, the Chairman of the FCC, Tom Wheeler, gave a speech today to The Brookings Institution that should provide sufficient argument fodder for the full weekend, at least among policy wonks.
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Jun 26, 8:34PM
Parrot unveiled 13 new minidrones this week, all for under $189. The terrestrial “Jumping” drone got a major upgrade, with LED lights for nighttime driving, an internal 4GB memory to record video, and a “boost mode” that brings its top speed to 8mph.
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Jun 26, 7:00PM
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You might think that YouTube has the kid video demographic locked down, particularly since it launched a dedicated video app for kids, but a company out of Brazil would challenge that. And it’s putting $15 million where it’s mouth is, too.
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Jun 26, 6:08PM
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The Y Combinator-incubated Meteor JavaScript application platform today announced that it has acquired Percolate Studio, a design and engineering shop with a lot of experience in building and supporting Meteor-based applications. Meteor is going to use Percolate’s expertise for its commercial developer support subscription, which is also launching today.
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Jun 26, 6:00PM
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Although the Apple Watch boasts the ability to instantly notify users with important updates — breaking news stories, changes to their bank account or the achievement of a fitness goal — its 42mm screen can be a major constraint for developers and designers.
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Jun 26, 5:30PM
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Early adopters who signed up for Project Fi, Google’s recently announced initiative to provide its own cellular service, can now keep better tabs on the status of their requested invite thanks to a new online tool Google rolled out this week. Potential Project Fi customers were alerted to the availability of the tool by way of an email which informed them that they could now track…
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