Thursday, April 28, 2016

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Samsung posts strong first-quarter results thanks to the S7's success

Apr 28, 4:14AM

shutterstock samsung s7 Samsung Electronics delivered strong results for the first quarter of 2016, thanks to sales of the Galaxy S7 and S7 Edge, its flagship smartphones. Read More



Drivy grabs $35 million for its car rental marketplace

Apr 28, 3:01AM

2016 Chevrolet Volt French startup Drivy has raised another $35 million (€31 million) from Cathay Innovation, Nokia Growth Partners and existing investors Bpifrance, Via-ID and Index Ventures. If you don’t already know Drivy, the company wants to rethink the way car rental works today. Read More



Let's define "container-native"

Apr 28, 1:30AM

Container There should be a new definition for container-native that aims to better represent the magnitude of impact that containers will have on software development and operations. Read More



NASA makes it rain with $243M in contracts to institutions and small businesses

Apr 27, 10:54PM

sbir_selections_apr_27_2016 NASA is spreading the dough around like a pastry chef. Today the agency announced $50 million in grants to nearly 300 different recipients, from small engineering firms to big-time research institutions. And then it truly shelled out, awarding a $193 million contract to Universities Space Research Association in Maryland. Read More



Facebook expects VR will have no material impact on 2016 revenue

Apr 27, 9:58PM

oculus-facebook If you think Facebook will get rich on Oculus, you better be patient. Mark Zuckerberg said on the Q1 2016 earnings call he sees VR as a long, long-term bet rather than a way to make a quick buck on 3D games. “This is early and it’s going to take a long time. There’s a lot of hype around this.” He explained that while VR, like AI and Internet connectivity are… Read More



Users average 50 minutes per day on Facebook, Messenger and Instagram

Apr 27, 9:24PM

Facebook Addiction Facebook’s “family of apps” strategy is a wild success. While some might have expected it to roll Instagram into Facebook and leave chat in its main app, keeping Instagram independent and splitting off Messenger into a companion app has helped it solidify itself as more than just a ubiquitous utility, but as a downright addiction. Today on the Q1 2016 earnings call, Mark… Read More



A Silicon Valley VC says investors from China are joining Series A deals, and they're playing "hardball"

Apr 27, 8:37PM

street scene of shanghai financial center,China As a venture investor for the last 20 years, George Zachary has witnessed plenty of trends develop and fizzle. Yesterday, we talked with him about what he’s seeing right now. One of the newest wrinkles he noted is a growing number of Chinese investors who’ve grown aggressive about getting into Series A deals, and who seem to be playing by their own rules. Our chat with… Read More



PayPal beats the street on Q1 sales of $2.54B and EPS of $0.37

Apr 27, 8:31PM

paypal-earnings Payments giant PayPal posted strong Q1 earnings today, counter balancing some of the weaker showings from other tech stocks yesterday and outstripping the overall growth rate of e-commerce, in its own words. Following in the footsteps of its former parent, which also posted strong results for Q1, PayPal posted revenues of $2.544 billion with non-GAAP earnings per share of $0.37, rising 19%… Read More



DeWalt — yes, the drill maker — gets into the mobile business with rugged MD501 smartphone

Apr 27, 8:22PM

feature_dewalt DeWalt, a name familiar to anyone who loves power tools (and who doesn’t?), is jumping into the mobile market with the rugged MD501. It’s waterproof, has a good variety of high-end features, and looks like you could use it to pound nails. Read More



Facebook is adding a new class of stock that will help keep Zuckerberg in control

Apr 27, 8:13PM

mark zuckerberg f8 Facebook today, as part of its earnings release, said it would add a new class of non-voting stock for the company, which will keep Mark Zuckerberg in control of the company. “This proposal is designed to create a capital structure that will, among other things, allow us to remain focused on Mr. Zuckerberg’s long-term vision for our company and encourage Mr. Zuckerberg to remain in… Read More



Facebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue

Apr 27, 8:04PM

Facebook MAU Facebook continued its winning streak as other tech companies floundered, reaching 1.65 billion monthly users and surpassing estimates in its Q1 2016 earnings report with $5.38 billion in revenue and $0.77 earnings per share. Facebook’s share price climbed more than 8 percent in the moments after earnings were announced, reaching more than $117 in after-hours trading. Revenue was up… Read More



The state of election technology is… improving

Apr 27, 8:00PM

electionad With the U.S. knee deep in what has been an unusual presidential primary season, many eligible voters are highly engaged in the process. But the number of Americans heading to the polls each election has been declining for the last 50 years, which helps explain a push by election officials to deploy technology that simplifies the process of, and increases participation in, elections. Read More



House unanimously passes Email Privacy Act, requiring warrants for obtaining emails

Apr 27, 7:41PM

house of representatives us capitol The U.S. House of Representatives has passed H.R. 699, the Email Privacy Act, sending it on to the Senate and from there, hopefully anyhow, to the President. The yeas were swift and unanimous. Read More



'Europe by rail' booking platform, Loco2, finally gets an app

Apr 27, 7:40PM

Loco2 Pan-European train travel booking website Loco2 has launched its first app, letting iOS users book and pay for trips via their phone. Launching an Android app is also on its roadmap for this year. Read More



Acqui-hire experts Tasman acqui-hired by consulting juggernaut Ernst & Young

Apr 27, 7:05PM

Ernst And Young So you wanna buy a startup? But how do you get the deal signed and roll their team into yours? Consulting behemoth Ernst & Young wants to have the answers and rule M&A advisory services in Silicon Valley. So today it acqui-hired Tasman Consulting, Bay Area specialists in integrating acqui-hires and acquisitions into their new parent companies. Read More



Minecraft on Gear VR is available now for $6.99

Apr 27, 6:51PM

Minecraft Get ready for lots of virtual cubes in virtual reality! Minecraft: Gear VR Edition is now available on the Oculus Store for $6.99. The blocky blockbuster was met with major fanfare when it was revealed last month that it was landing on the Gear VR.  I had a chance to try it out and wasn’t overtly impressed, but it is undoubtedly a major development to have such a triple-A title landing… Read More



That time when we ate super-powered hot sauce live on Facebook

Apr 27, 6:48PM

Thrillist Hot Sauce I’ve officially been at TechCrunch for a week and a half now, which I’ve been informed is the hot sauce anniversary. You know, the one where Thrillist sends you a bottle of scientifically-engineered hot sauce made from peppers with names like the Trinidad moruga scorpion, Carolina reaper and the only slightly less ominously named ghost pepper. And I’ve been assured that the… Read More



Samsung's Gear 360 camera is going on sale in 2 days and we still don't know how much it costs

Apr 27, 6:13PM

Samsung is going big on VR, too, with Google Street View compatible pictures spawned by its Gear 360 camera Update: Samsung has reached out saying that the United States is actually not one of the “select countries” where the Gear 360 will be launching on April 29. Blargh. Samsung unveiled the Gear 360 virtual reality camera last month at Mobile World Conference. People were generally impressed, but without a price tag most withheld judgment. Well today onstage at the Samsung… Read More



Elon Musk plans 'Red Dragon' Mars mission for as early as 2018

Apr 27, 6:10PM

red dragon Somewhere, Elon Musk is bored; you can tell because he starts tweeting like crazy about colonizing the solar system. “Planning to send Dragon to Mars as soon as 2018,” SpaceX tweeted this morning, apropos of nothing. More details followed, in typical Musk style. Read More



Court holds Amazon liable for years of unauthorized in-app purchases made by kids

Apr 27, 6:07PM

scaled.FireHD6-Kids-Edition In an entirely unsurprising ruling, a federal judge has sided with the FTC in the agency’s lawsuit against Amazon, which had said that the company did not do enough to safeguard customers against unauthorized in-app purchases made by children. According to the FTC’s original complaint, Amazon billed its customers millions of dollars in these charges. The problem came about… Read More




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