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Twitter Shares Spike 4.85% In The Wake Of Ballmer's Stake
Oct 16, 8:32PM
Turns out the Ballmer Peak is real. Shares in Twitter spiked 4.85 percent today, closing at $31.15 per share. Trading above the $30 mark is an important psychological threshold for Twitter. Put another way, as $40 is to Microsoft, $30 is to Twitter. What happened? Former Microsoft CEO and current eccentric sports fan Steve Ballmer announced that he has acquired a 4 percent minority stake in… Read More
Amazon Files Suit Against Individuals Offering Fake Product Reviews On Fiverr.com
Oct 16, 8:09PM
In April of this year, Amazon filed suit against the operators of websites that offered Amazon sellers the ability to purchase fake, four and five-star reviews of their products. Most of those websites have now been closed, and Amazon took action against the sellers involved. Now Amazon is continuing its crackdown on fake reviews by going after individuals who provide these sort of fake… Read More
The Surface Book Is Now Back In Stock (Sorta)
Oct 16, 7:31PM
After a period of being something akin to sold out, pre-orders are back online for Microsoft’s new Surface Book laptop-hybrid, but delays are the name of the game. It seems essentially clear at the moment that Microsoft either underestimated demand for the device, or simply couldn’t make more before it hit the unveil button. The Surface Book starts at $1,499, and has… Read More
Alibaba Says Its Proposed $3.5B Youku Tudou Buyout Is All About Ads
Oct 16, 7:06PM
Alibaba’s proposed $3.5 billion buy out of Youku Tudou, a deal that would take the New York Stock Exchange-listed Chinese video site private if accepted, is mainly about advertising with e-commerce sprinkled in, company executives explained today. Read More
This Week On The TC Gadgets Podcast: Apple iMacs, Track Pad, Eepsters!
Oct 16, 7:00PM
Happy Friday, dear readers! This week, we come bearing good tidings of new Apple products, including brand new iMacs and a new trackpad! The new iMacs have Ultra HD screens, so you can see everything. Meanwhile, the $129 Trackpad brings Force Touch to a computer near you. We discuss all this and more on this week’s episode of the TC Gadgets Podcast, featuring John Biggs, Matt Burns,… Read More
Google Play Is Getting A Makeover
Oct 16, 6:58PM
Google Play, the company’s storefront selling apps, games, movies, books, and more, is getting a big makeover. Screenshots showing a revamped mobile interface offering improved navigation, engaging animations, and simpler way to switch between apps and entertainment offerings, surfaced online this week via the online profile of a Google employee. It was initially unclear why a Googler… Read More
Vine Loses Its Last Co-Founder To Twitter Layoffs
Oct 16, 6:55PM
None of the three cofounders of Vine are still working on Twitter’s video-sharing app. Rus Yusopov, the last man standing, as it were, was one of the 300+ employees who was laid off in Twitter restructuring that went down earlier this week. The news was first reported by BuzzFeed, which confirmed Yusopov’s departure with a company spokesperson. Vine was founded by Colin Kroll,… Read More
BBC Launches Japanese Language News Site To Extend Its Global Advertising Reach
Oct 16, 6:06PM
BuzzFeed isn’t the only global news heavyweight entering Japan. The BBC, the UK’s national news organization, this week launched a Japanese site, which becomes its first dedicated non-English news website and helps extend its fledgling global advertising network. Read More
Early Facebook Designer Bobby Goodlatte Unveils OpenVote, A Non-Partisan Platform To Pledge, Share Votes
Oct 16, 5:47PM
Bobby Goodlatte’s childhood involved a non-stop political campaign — a whirlwind of pancake breakfasts, hand-shaking and kissing babies. That’s because his father, Bob Goodlatte, has served in U.S. Congress for nearly all of his life. That gave him years of exposure to how politics and governance actually works. “I actually think that the mechanics of running… Read More
Steve Ballmer Says He Has A 4% Stake In Twitter
Oct 16, 5:26PM
Former Microsoft CEO Steve Ballmer now owns not only the Los Angeles Clippers, but a big chunk of Twitter as well. Ballmer earlier this morning disclosed that he owned 4% of Twitter in a Tweet. His share purchases apparently came over the course of the past few months. At Twitter’s current valuation of $20.76 billion, that stake is worth around $830 million. Good job… Read More
Majority Of Users Have Upgraded To iOS 9, Report Finds
Oct 16, 5:07PM
A majority of iOS device owners have upgraded to Apple’s recently released mobile operating system, iOS 9, according to a new third-party report which pegs iOS 9 adoption at 55 percent. That’s a slight climb from the 50 percent adoption rate Apple officially announced last month, less than a week after the software had been released, and the 12 percent adoption rate seen within… Read More
Meeting Between Jay Z And Samsung Could Forecast Tidal Acquisition
Oct 16, 5:05PM
It would appear that Jay Z, rap legend and Tidal music screaming service owner, has been hanging out with the folks over at Samsung. According to a report from Variety, Jay Z had a meeting in Samsung’s Silicon Valley office on Wednesday with a number of executives, including Daren Tsui, Samsung’s SVP of content and services. Of course, a meeting does not an acquisition make.… Read More
10 Laws of Successful Marketplaces
Oct 16, 5:00PM
Venture capitalists have funneled more than $12 billion into the sharing economy, more than twice what was invested in social networking startups like Facebook and Twitter, according to a 2015 Deloitte report. Because of this, it’s more important than ever to understand the key factors that go into building an enduring business vs. a flash-in-the-pan that can’t withstand market… Read More
Notifications Summit: Session 1
Oct 16, 4:34PM
The Notifications Summit was recorded live October 1, 2015 @ betaworks in New York. Gathered were a group of technologists, developers, and thought leaders. A conversation with Adam Bosworth (Salesforce) and Steve Gillmor and John Borthwick Read More
13 TechCrunch Stories You Don't Want To Miss This Week
Oct 16, 4:29PM
This week’s headlines saw both Square and First Data IPO, layoffs at Twitter, and a scathing Wall Street Journal report on Silicon Valley healthcare unicorn Theranos. On Bullish, TechCrunch hosted Melanie Araujo, who is trying to bolster diversity through design, and our TC Cribs team visited Funny Or Die’s hilarious HQ. Here are the top stories of the week. Read More
EA Denies Data Breach After List Of Compromised User Accounts, Emails Pops Up Online
Oct 16, 3:48PM
EA is downplaying reports of a possible data breach circulating online, saying that it currently has no indication that a list of user account credentials appearing on the site Pastebin were obtained by an intrusion of EA’s servers. However, the company says that, as a precaution, it will proceed to secure the accounts where the EA or Origin user ID matches the usernames on the list.… Read More
Former Camino Engineer Releases Distilled, An Ad And Content Blocker That Won't Slow Down Safari
Oct 16, 3:01PM
With the release of iOS 9, the ability to block ads and other content that slows down mobile websites has been a standout feature, if a somewhat controversial one. Soon after iOS 9’s launch, a number of app developers rushed to release their own content blockers on the App Store, and these apps quickly climbed the charts. With the abundance of content blockers available today, it’s… Read More
How Uber Scaled The Great Wall, Or 5 Tips For Acquiring Mobile Users In China
Oct 16, 3:00PM
China is the largest smartphone market in the world. It’s no surprise, then, that Uber has committed more than $1.2 billion in this coming year to winning the market. After just 12 short months, Uber has gone from one percent to somewhere between 11 and 30 percent market share (stats seem to vary widely), with plans to expand to 100 new Chinese cities this coming year. Read More
Omid Kordestani Will Be Paid $50K/Year As Twitter Chairman, Up To 1.2M Shares On Top
Oct 16, 1:57PM
Twitter today released the details of how its new executive chairman Omid Kordestani will be compensated. The social media company says that Kordestani, who was poached from Google and was the company’s highest paid employee in 2014, will be paid a base annual salary of $50,000, and will have the option of getting up to 1.2 million shares on top of that. The shares are divided into… Read More
Hardware Alley Is Coming To London
Oct 16, 1:48PM
Good morrow to you madam or sir! I would like to call your attention to a unique and fun opportunity. I, John Biggs, want you to show off your hardware in London at TechCrunch’s Disrupt conference in London. Huzzah! Disrupt London runs from December 7-8, 2015. Hardware Alley day is on the 8th and you’ll receive tickets to both days of Disrupt. We invite everyone – from… Read More
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