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Uber focuses on services as it begins to see profits in Southeast Asia
Jul 29, 8:28AM
Uber has abandoned its ‘land grab’ approach to Southeast Asia and instead switched its focus to new products and services as it begins to see profitability in key markets in the region. Read MoreSony posts $205M profit as downsized mobile business stops bleeding cash
Jul 29, 6:37AM
Sony posted a slim ¥21.2 billion ($205 million) profit for its Q1 2016. That’s down on the ¥82.4 billion profit it carded this time last year, but in general the quarter was a mixed bag of positives and negatives following the impact of cost-cutting initiatives. Read MoreTech reacts to Clinton's DNC speech
Jul 29, 5:16AM
Hillary Clinton’s acceptance speech at the Democratic National Convention was delivered in stark contrast to Donald Trump’s speech at last week’s Republican National Convention. Here are 10 quick take-aways from technology investors, executives, and founders. Read MoreBaidu, China's dominant search firm, suffers record profit drop
Jul 29, 5:14AM
Baidu may be the dominant search company in China by some margin, but it is currently in the midst of its toughest period. The firm today reported its largest drop in profits since going public more than a decade ago as a result of a public enquiry following the death of a young man who took a cancer treatment advertised on its service. Read MoreCrunch Report | Oracle Buys Netsuite
Jul 29, 3:00AM
Uber Co-Founder Garrett Camp launches real estate venture, UpThere raises $77 million for its new cloud storage service, Oracle buys NetSuite for $9.3 billion, Apple sold its 1 billionth iPhone. Hyperloop Transportation Technologies to help build a train in Europe. All this on Crunch Report Read More
How the media will rise in the face of the digital revolution
Jul 29, 2:00AM
The media is passing through an awkward digital adolescence. With falling revenues and smaller newsrooms, the industry is being squeezed into an unfamiliar online space against its will. Publications with hundred-year pedigrees are having to rethink and relearn their trade from the ground up. Read MoreSurveyMonkey study finds social media apps ruled mobile in first half of 2016
Jul 28, 10:22PM
A new study from SurveyMonkey Intelligence revealed the 30 most-downloaded and most-used apps in the American iOS and Android app stores so far this year. Social media apps like Facebook, Snapchat and Instagram ruled over mobile games in the first six months of 2016. Because Pokémon Go was released in the U.S. on July 6, that wildly popular new title didn’t even show in the… Read MoreWhat's this whole email thing about, anyway?
Jul 28, 10:20PM
What do you know about the Clinton email scandal? If you’re anything like me, not much — yet! Let’s take a stroll into our political Swamp of Sadness where both parties are currently mired. One candidate became stuck there while trying to beat the dead horse of the Crooked Hillary meme and the other candidate is sinking simply because government email is just so damn… Read MoreThe rise and rise of Mexican fintech
Jul 28, 10:00PM
Nothing tells the story of how the Mexican tech ecosystem is steaming ahead in Latin America quite like the rise of fintech. The financial services space ticks all the right boxes entrepreneurs look for when launching a company. On the flipside, Mexico’s fintech industry has everything VCs daydream about. It’s worth taking a step back to analyze the forces driving Mexico’s… Read MoreSprig pauses food delivery service in Chicago, lays off seven people
Jul 28, 9:00PM
Sprig is making some changes to its delivery model, and in order to do it as efficiently as possible, the company is pausing its operations in Chicago and laying off seven team members across its marketing and operations teams. Sprig has also let go its local staffers in Chicago, the company later clarified, which includes its drivers and kitchen staff. In reviewing different aspects of the… Read MoreWhite Noise 7 is out, and wants to be like Instagram for restful sounds
Jul 28, 8:40PM
When software developer Todd Moore wrote up the code for his now-famous White Noise app in 2008, it was a side project to him and one of the first mobile apps go live on the Apple app store. The app quickly climbed to the No. 1 spot in the Health and Fitness category, and has remained a top pick for years. At this point, Moore said, the White Noise app sees between half-a-million and a… Read MoreAWS revenue hits a new record with $2.9 billion in Q2
Jul 28, 8:23PM
Amazon reported earnings for its second fiscal quarter of 2016 today and for its AWS unit, it was once again a big quarter. AWS net sales hit $2.9 billion in the last quarter, up from $2.5 billion in net sales in the last quarter. That’s up from $1.8 billion in the year-ago-quarter. It’s worth noting that that’s a slightly slower quarter-to-quarter growth rate than in the… Read MoreHanergy to build solar-powered electric cars
Jul 28, 8:11PM
It used to be that only car companies could build cars. But this is the twenty-first century, when seemingly anyone can build a car or four, including a Chinese solar power company. Hanergy Holding Group, which manufactures thin-film solar panels, has created a Solar Vehicle Business Division that debuted four solar-powered prototypes in Beijing. In a world where anyone can come up with an… Read MoreAmazon shatters earnings expectations
Jul 28, 8:10PM
Amazon shattered expectations when it reported second quarter earnings after the bell on Thursday. Adjusted earnings per share came in at $1.78, when Wall Street was forecasting $1.11. Amazon also beat revenue predictions, posting $30.4 billion for the quarter when analysts were expecting $29.55 billion. Shares ticked up 2 percent in after-hours trading. The company saw a significant increase… Read MoreAlphabet's huge Q2 shows its ads business may not be so challenged after all
Jul 28, 8:06PM
While Alphabet’s core advertising business has often been questioned as the net value of its ads has been in decline, there’s one thing that’s hard to argue — it’s still one of the biggest technology businesses in the world, and it’s still growing. And it’s growing very quickly. Alphabet reported a second quarter that continued tech’s hot… Read MoreGurbaksh Chahal out as Gravity4 CEO after probation ruling
Jul 28, 7:56PM
Tech founder Gurbaksh Chahal appears to have handed over his CEO role at Gravity4 to his sister, Kamal Kaur, after a judge found last week that he violated his domestic violence probation. Chahal has been removed from Gravity4’s leadership page and replaced by Kaur, who is currently listed as CEO of the company. Kaur previously held leadership roles at Chahal’s other companies… Read MoreGrubhub announces more investments following strong 2Q
Jul 28, 7:36PM
Takeout food delivery platform Grubhub stock soared 26 percent following a way-better-than-expected second quarter earnings release. The online marketplace connecting restaurants and takeout diners beat analysts expectations, both for revenue and adjusted EPS. For the second quarter ended June 30, the company posted $120.2 million in revenue, whereas Wall Street was expecting $114.2 million. Read MoreTech's top 20 investors turned into emoji
Jul 28, 7:27PM
What do Marc Andreessen, Ron Conway and Naval Ravikant look like as emojis? For the launch of MovieLaLa‘s emoji marketplace MojiLaLa, the startup made a set inspired by tech’s best-known venture capitalists. The list could have included more of the great female and minority VCs like Mary Meeker, Charles Hudson and Aileen Lee. But here’s a look at caricatures of the 20 they chose. Read MoreOculus launch-exclusive Adr1ft nows lets you get lost in space on HTC Vive
Jul 28, 7:17PM
I’m going to put this right up front: Adr1ft isn’t for the weak of stomach. The virtual reality free-floating space survival sim left me a tad queasy, and I’m somewhere in the middle of the VR sickness sensitive spectrum. But for those looking to boldly barf where only Oculus Rift owners have barfed before, Adr1ft is launching on HTC Vive today. Even if you might feel a… Read MoreMinecraft support for Oculus Rift is finally almost here
Jul 28, 7:16PM
After months of teasing, Microsoft is finally almost ready to give Minecraft Windows 10 Edition Beta users a taste of VR. In a blog post celebrating the first anniversary of Minecraft Windows 10 Edition Beta, Microsoft announced that support for the Oculus Rift will be coming “in the next few weeks” as a free update to existing users. People who want to get in on the action have… 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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