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Jan 27, 12:08AM
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The water in Flint is toxic. The state of Michigan inadvertently poisoned the city’s well, and it will take years to flush the system. And that might not be the worst part. The state has yet to reveal how it will repair Flint’s image.
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Jan 26, 10:20PM
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Apple today reported another record set of results, beating expectations with an all-time high profit of $18.4 billion and revenues of $75.9 billion, with some $216 billion in cash now on its balance sheet. But it could have made even more were it not for the strength of the dollar compared to other currencies. The iPhone maker said that in constant currency, Q1 2016 revenue “would…
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Jan 26, 10:14PM
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Apple posted its quarterly earnings after the bell on Tuesday, showcasing record profits of $18.4 billion. While the release made it easy to determine that 74.8 million iPhones were sold, in line with analyst estimates, Apple’s “other” category makes it difficult to assess how many Apple Watches and TVs were purchased.
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Jan 26, 10:07PM
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In Apple’s Q1 ’16 “Earnings Supplemental Material” – documentation added to today’s earnings primarily to highlight how foreign exchange rates are impacting revenue – there was another notable figure revealed: Apple says now its “active” install base has reached 1 billion devices. (Actually, it has surpassed it, says CEO Tim Cook.) That…
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Jan 26, 10:03PM
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VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns…
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Jan 26, 9:51PM
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Apple showed soft year-over-year revenue growth for China in Q1, and it’s clear the party may be slowing down in the region. During Q1, Apple saw 14 percent year-over-year revenue growth in the Greater China region, which accounts for the company’s sales in China, Taiwan and Hong Kong.
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Jan 26, 9:43PM
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Apple today reported sales of 74.8 million iPhones, 16.1 million iPads, and 5.3 million Macs in its Q1 earnings report today. Apple’s first quarter includes holiday sales, as the three-month period ends December 31, 2015. As such, it was supposed to be one of Cupertino’s best quarters of the year. Plus, the iPhone 6s and iPhone 6s Plus both went live on September 25, meaning…
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Jan 26, 9:38PM
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It was a hugely important quarter for Apple, and it looks like it came about in line with what investors were expecting — including, potentially, the company’s first sales decline going into the second quarter. Apple said it recorded $75.9 billion in revenue and earnings of $3.28 per share in the first quarter. That represents a record quarter for Apple on revenue, but slightly…
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Jan 26, 9:00PM
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When he famously said “There is no reason anyone would want a computer in their home” in 1977, Ken Olson, founder of Digital Equipment Corporation, certainly wasn’t expecting a reality like the one we live in today. Although Olson’s might have been one of the worst tech predictions of all time, variations of the same question continue to be asked with seemingly every…
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Jan 26, 8:10PM
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Walmart (yes, that Walmart), is launching a new open source DevOps platform for cloud and application lifecycle management. OneOps, which was developed by Walmart Labs, is meant to help developers write and launch their apps faster and make maintaining them easier. The company first announced its plans to open source the service last year. “Our mission is to give our customers the…
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Jan 26, 8:06PM
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We’re one short month away from TC’s first regional Pitch-offs of the year, and I couldn’t be more excited to be hitting up a couple of my favorite cities, Boston and Atlanta. On February 23 and February 25 respectively, TechCrunch will be visiting Boston and Atlanta to host our world-renowned Meetup + Pitch-off.
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Jan 26, 8:04PM
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You can now message your friends on the web version of Peach, a new chat app created by the founder of Vine, Dom Hofmann. The iOS app became a viral hit in Silicon Valley after it first launched at the beginning of this year. Someone else even made an unofficial web and Android version of the app called Nectarine.
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Jan 26, 8:03PM
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Microsoft today unveiled yet another application aimed at iOS users, with the launch of a news application that greatly resembles Apple’s own News application that comes built into iOS 9. Called “News Pro,” Microsoft’s app aims to offer readers a personalized experience by connecting them to articles that match their current interests, while also uncovering…
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Jan 26, 8:00PM
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Art doesn’t have to be an end product. Thanks to Oculus’ new internal creation tool Quill, illustrators can draw in virtual reality and let audiences see their creations come to life stroke by stroke around them. Quill works much like Tilt Brush, the VR painting app Google acquired. Using Oculus’ Touch controllers and motion cameras, Quill users can select different brushes…
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Jan 26, 7:59PM
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Ludlow Ventures, a young, early-stage venture firm in Detroit, is raising its second venture fund, founder and managing partner Jonathon Triest tells us. Ludlow’s team, which includes partner Brett deMarrais, is targeting $40 million, though a new SEC filing suggests the firm would be happy to raise up to $55 million. Either way, so far, so good. Triest tells us the firm has…
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Jan 26, 7:19PM
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Through Pinterest’s partnership with diversity consulting startup Paradigm, the company is gearing up to test an intervention process aimed at addressing “belonging uncertainty,” which can potentially inhibit the performance of those who experience it. Paradigm is designing an intervention process that Pinterest, as well as other tech companies, can implement in order…
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Jan 26, 7:00PM
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We’re just a little under two weeks away from the 9th Annual Crunchies, which takes place February 8, 2016 at San Francisco’s War Memorial Opera House. As we look ahead to the show, we also wanted to take time to look back at past Crunchies shows to see how the show has progressed over the years. After Facebook won the Best Overall Startup or Product award at the first three…
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Jan 26, 6:50PM
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Mozilla today launched the latest update to its Firefox browser for Windows, Mac, Linux and Android. The highlight of this release cycle is the addition of web-based push notifications to its desktop browser.
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Jan 26, 6:49PM
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Can a mobile classified app topple the behemoth that is Craigslist? We’ve asked the question before (more than once, in fact), and it looks like it may be in order again: 5miles, an app developed in China but being rolled out in the U.S. first as a quick way for people to list and buy items locally, has raised $30 million in funding to beat the classifieds leader at its own game.…
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Jan 26, 6:39PM
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Google announced today that it will begin testing an experimental feature will allow presidential candidates to respond to issues brought up during the Republican debate in real-time directly in Google’s search results. The search company says the feature is meant to “level the playing field” as it lets the candidates share their ideas or positions – even if they…
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