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Samsung posts strong first-quarter results thanks to the S7's success
Apr 28, 4:14AM
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 MoreDrivy grabs $35 million for its car rental marketplace
Apr 28, 3:01AM
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 MoreLet's define "container-native"
Apr 28, 1:30AM
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 MoreNASA makes it rain with $243M in contracts to institutions and small businesses
Apr 27, 10:54PM
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 MoreFacebook expects VR will have no material impact on 2016 revenue
Apr 27, 9:58PM
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 MoreUsers average 50 minutes per day on Facebook, Messenger and Instagram
Apr 27, 9:24PM
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 MoreA Silicon Valley VC says investors from China are joining Series A deals, and they're playing "hardball"
Apr 27, 8:37PM
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 MorePayPal beats the street on Q1 sales of $2.54B and EPS of $0.37
Apr 27, 8:31PM
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 MoreDeWalt — yes, the drill maker — gets into the mobile business with rugged MD501 smartphone
Apr 27, 8:22PM
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 MoreFacebook is adding a new class of stock that will help keep Zuckerberg in control
Apr 27, 8:13PM
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 MoreFacebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue
Apr 27, 8:04PM
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 MoreThe state of election technology is… improving
Apr 27, 8:00PM
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 MoreHouse unanimously passes Email Privacy Act, requiring warrants for obtaining emails
Apr 27, 7:41PM
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
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 MoreAcqui-hire experts Tasman acqui-hired by consulting juggernaut Ernst & Young
Apr 27, 7:05PM
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 MoreMinecraft on Gear VR is available now for $6.99
Apr 27, 6:51PM
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 MoreThat time when we ate super-powered hot sauce live on Facebook
Apr 27, 6:48PM
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 MoreSamsung'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
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 MoreElon Musk plans 'Red Dragon' Mars mission for as early as 2018
Apr 27, 6:10PM
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 MoreCourt holds Amazon liable for years of unauthorized in-app purchases made by kids
Apr 27, 6:07PM
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 MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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