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Oct 22, 8:54PM
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Today, Alphabet beat Q3 earnings projections. During the earnings call, Google CEO Sundar Pichai took the (micro)phone to discuss the business and product highlights from the quarter. “There is a real sense of energy and focus throughout the company.” he said. He also added that its main products, including Maps and YouTube have over a billion users each. Google Play, which…
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Oct 22, 8:54PM
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How did Alphabet come up with the weirdly specific number of $5.099 billion for its buyback of class C shares? By taking the square root of 26, which not-so-coincidentally is the number of letters in the alphabet. @lexnfx It's the square root of 26 e18th. Those Google guys! They have so much fun with numbers. — George Anders (@GeorgeAnders) October 22, 2015 The big stock…
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Oct 22, 8:38PM
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Solu is a coaster-sized cloud-based portable computer that fits in your pocket. A team of Finnish engineers behind the device hope Solu will change the way we think of using our digital operating systems. Sure, we already have our portable computing devices such as iPads and smartphones, but Solu founder Kristoffer Lawson wants us to stop lugging all our heavy laptops and notebooks around…
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Oct 22, 8:27PM
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After the market closed Thursday, online music streaming service Pandora reported a third quarter loss of $85.9 million. The company lost 40 cents per share. Pandora met street estimates and posted an adjusted profit of 10 cents per share. Its revenue of $311.6 million narrowly missed estimates of $313 million. Shares were down 15% in after hours trading following Pandora’s…
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Oct 22, 8:21PM
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Today Microsoft reported the financial performance it recorded during the first quarter of its fiscal 2016. Microsoft generated $0.67 in adjusted per-share profit off non-GAAP revenue of $21.66 billion in the three-month period. Analysts had expected the Redmond-based software shop to earn an adjusted $0.59 per share, on revenue of $21.03 billion. Microsoft also reported GAAP revenue of…
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Oct 22, 8:18PM
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We’re back. Hardware Alley is TechCrunch’s premier hardware event and will be taking CES by storm again this year. Applications for TechCrunch’s Hardware Battlefield are now open. Submit your application by November 18 at 9pm PT to compete for free demo space at the Consumer Electronics Show, $50,000 prize and the Metal Man trophy. For those of you following along at home…
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Oct 22, 8:09PM
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Amazon — once again — surprised investors by beating analyst expectations for its third-quarter earnings report, bringing in $25.4 billion in net sales and earnings of 17 cents cents per share. Analysts were expecting a loss of 13 cents per share on sales of $24.91 billion. Shares of Amazon promptly shot up as much as 11% in extended trading. The company is expecting revenue…
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Oct 22, 8:06PM
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Today following the bell, Alaphabet reported its third quarter financial performance, including revenue of $18.68 billion in revenue, and adjusted per-share profit of $7.35. Analysts had expected the company to earn an adjusted $7.21 on revenue of $18.53 billion. The company’s revenue ticked up 13 percent compared to its year-ago quarter. Cash flow sits at a strong $6 billion. Up over…
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Oct 22, 8:02PM
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For years, Chris Farmer worked as a venture partner at General Catalyst Partners, helping develop its then-nascent seed-investing program while simultaneously working on a big idea: a database that could help screen engineering talent. Today, that idea forms the basis of SignalFire, a San Francisco-based investment firm that Farmer, who is its sole general partner, calls the “most…
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Oct 22, 7:50PM
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More shots fired. Theranos continued playing defense this morning with a much more in-depth post on what the company claims the news organization got wrong in two damning articles published last week. One WSJ article alleged Theranos was outsourcing most of its technology to test blood samples on its 240 blood tests and that the company was in fact only using its proprietary…
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Oct 22, 7:22PM
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You’re on Twitter. You’re on Vine. Now, people who follow your tweets will be able to reach your Vine profile and vice versa. In a blog post, the Vine team explained: We’re making it easier for you to find and follow your favorite accounts and creators on both Vine and Twitter. If you’ve connected your Twitter and Vine accounts, your Twitter account will appear on your…
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Oct 22, 7:19PM
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Happy Thursday, dear readers. Once again I come to you with news about TechCrunch Radio, our weekly radio show on Sirius XM where John Biggs and I discuss everything new in the world of tech. But that’s not all! Each week on the show, we hold a TC Radio Pitch-off, where five companies get exactly 60 seconds to pitch their startup to a panel of judges, including a guest VC. After a…
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Oct 22, 5:44PM
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With the release of the second version of Apple’s Watch operating system, watchOS 2, apps can be loaded directly onto the device and run natively, instead of being tied to the iPhone. Today, the Runkeeper mobile app, a popular health and fitness tracker with over 45 million worldwide users, has put this new capability to good use: its updated app now lets you ditch your iPhone and track…
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Oct 22, 5:00PM
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The Federal Reserve values U.S. real estate at an estimated $40 trillion, making it the largest asset class in the country. So it shouldn’t surprise us that, as TechCrunch recently reported, in the last quarter of 2014, venture funding of real estate tech firms reached nearly $300 million.
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Oct 22, 5:00PM
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Facebook is ready to challenge Google and Twitter for control of real-time news search and the news itself. Starting today with a rollout to US English language users, Facebook Search will return anything you’re allowed to see from its 2 trillion posts. That includes public posts by all people and Pages, not just your friends and Pages you Like as before. The personalized results will…
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Oct 22, 4:00PM
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Phhhoto, the animated photo-sharing app that started out as an iPad-powered photo booth for parties, has finally gone live on Android. The app lets users capture four frames in a row, threads them together and makes them sharable to social networks alongside the main Phhhoto feed. Users can speed up or slow down the frame rate, and Phhhotos that get the most engagement pop up on the #wow feed.
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Oct 22, 4:00PM
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Earlier this week I took a call with Hussein Kanji, who, along with Rob Kniaz, is founding partner of London-based VC Hoxton Ventures, a relatively new fund that already has a growing reputation as one of the more ambitious new kids on the VC block.
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Oct 22, 4:00PM
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Clutter, the storage service that uses professional movers to load and unload your stuff, has today announced the close of a $9 million in Series A funding, led by Sequoia. As a part of the deal, Sequoia partner Omar Hamoui, who led the round, is joining the Clutter board. Clutter operates under a simple premise. Instead of spending capital on it’s own storage facilities, it leases…
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Oct 22, 3:49PM
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According to remarks made by Twitter’s CEO Jack Dorsey on Wednesday, it seems as if Twitter may be reversing its earlier decision to ban Politwoops, a service that tracked politicians’ deleted tweets, holding them accountable for things they wished they hadn’t said on the micro-blogging service. Developed by the Open State Foundation, Politwoops operated dedicated accounts in…
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Oct 22, 2:30PM
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Education startup General Assembly, hot off raising a monster $70M round of funding, has partnered with Google to offer an immersive course on Android development. It’s 12 weeks, full-time and will start being offered next year in NYC (January) and San Francisco (February), expanding to other campuses as the year goes on. The cost for students? $13,500, which can be financed. This is…
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