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Aug 03, 3:00AM
MKBHD get first look at the RED Hydrogen, CRISPR Cas9 gene editing technology is used to wipe out a genetically inherited heart mutation in embryos, Instagram Stories turns one year old, UK IKEA is now selling solar and more. All this on Crunch Report!
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Aug 03, 1:57AM
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Oren Peli, who wrote and directed the enormously successful film Paranormal Activity, is launching a new iOS and Android app designed to help users create, find, and join local events. Spot‘s launch might be doubly surprising — not only is Peli launching an app, but it seems like an odd idea to come from someone best known for horror movies (he also produced the Paranormal…
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Aug 02, 11:38PM
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Activist and writer Ijeoma Oluo is the latest to suffer for Facebook’s inability — or perhaps unwillingness — to improve its reporting and moderation infrastructure. After receiving hundreds of racist and threatening messages in response to a joke made on Twitter, Oluo began posting screenshots when it was clear that reporting did nothing. Facebook’s response was to…
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Aug 02, 10:46PM
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Tesla reported its second-quarter earnings today, which means a bunch of Wall Street analysts jumped on the phone to probe the ever-quotable Elon Musk — including, believe it or not, about SpaceX. To be sure, it wasn’t specifically about space or flight — it was whether some of the innovations happening at SpaceX can be applied to Tesla. Musk runs both companies, which…
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Aug 02, 10:28PM
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During its earnings call in May, Tesla CEO and founder Elon Musk said that the “Model Y” small SUV actually would use a brand new platform, totally distinct from the Model 3. On the earnings call for the company’s Q3 results on Wednesday, he noted that the company has changed its thinking, and that the Model Y will in fact leverage the Model 3 platform considerably.
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Aug 02, 10:07PM
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Tesla has already completed the first installations of its Solar Roof products, which use integrated solar panels to gather energy. The solar tiles were first introduced last year, and are designed to look essentially indistinguishable from traditional roofing materials so that they present an aesthetically attractive option to consumers who might shy away from traditional panel designs.
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Aug 02, 9:20PM
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Over the years I’ve seen concepts of solar-powered sunglasses come and go, but the dream of for some reason wearing solar panels on my face has eluded me — until today. Genius engineers at Karlsruhe Instutite of Technology have successfully made a pair of shades with organic solar cell lenses — and you don’t even have to stare directly at the sun for them to work.
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Aug 02, 9:10PM
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Fitbit’s shares are not much more than 10% of the highs it reached of $47.60 in July 2015, the month following its public debut. On Wednesday, Fitbit closed $5.07, just barely a “unicorn” at $1.16 billion in market value. But the stock saw a rare boost after the company reported quarterly earnings, sending shares up over 4% in initial after hours trading. The company…
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Aug 02, 8:44PM
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Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash. Right now, bitcoin cash is actually worth quite a bit — on paper at least. Some are trading it at around a value of $400 per coin, which makes it the fourth-largest cryptocurrency by market cap right now.
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Aug 02, 8:37PM
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Tesla is booking a total of around 1,800 Model 3 net reservations per day since it held an event last Friday to handover its first Model 3 production cars to employees who pre-ordered the vehicle, the company revealed in its earnings letter for Q2 2017. That’s a very impressive clip for new orders, especially given that the company already has a large backlog, according to Tesla CEO…
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Aug 02, 8:24PM
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Tesla appears to still be getting a lot of interest in the Model S, and in the company’s earnings report today it said there was a further increase in net Model S orders since the Model 3 handover event, though it said it was “too early to draw strong conclusions.”
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Aug 02, 8:17PM
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Square, the payments processing company founded by Jack Dorsey, reported its second quarter earnings after the bell on Wednesday. After beating expectations, the stock quickly went up 4% in initial after hours trading. Square reported revenue of $552 million, when analysts were forecasting $536 million. It’s also up 26% from the same period last year. The company still lost money at…
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Aug 02, 7:50PM
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Owners of the DJI Spark will be glad to know they now have a little more functionality with their palm-sized selfie drone. Thanks to a software update, users will be able to get a panoramic, 180-degree photo of themselves. The drone’s 12-megapixel sensor will fly in a circle around the subject (presumably you) and stitch together 21 individual photos. Photo resolution has been improved…
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Aug 02, 7:46PM
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The hack of HBO isn’t limited to a handful of Game of Thrones episodes; a DMCA takedown notice issued on behalf of the company says hackers stole “thousands of Home Box Office (HBO) internal company documents.” And, as the notice indicates, the data is already in the wild.
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Aug 02, 7:06PM
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Back in December, we reported that NextView Ventures, one of the few seed-stage venture firms in Boston, was looking to raise at least $50 million for a third fund, per an SEC filing that was processed at the time. Today, the firm says it has closed the fund with exactly that amount in capital commitments.
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Aug 02, 7:00PM
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News continues to leak out about what’s new in iPhone 8, and most of those rumors seem to be coming from a leaked iOS release related to the HomePod speaker. Something else we were tipped to in that same file: several references to yoga, including under a listing of workouts associated with the Apple Watch.
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Aug 02, 6:05PM
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It’s tough out there for on-demand drivers, and every second en route counts if they want to hit that bonus or just bring enough home to make the rent. Mystro hopes to put 33 percent more money per year in the pockets of Uber and Lyft drivers through an app that helps drivers continuously pick up the most profitable rides in the shortest amount of time, based on the filters each driver sets.
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Aug 02, 6:04PM
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Apple has been announcing a bunch of news about Apple Pay recently. The company is expanding its mobile payment feature more aggressively. As announced in yesterday’s earnings call, Apple Pay is coming to the UAE, Denmark, Finland and Sweden before the end of the year. Apple hasn’t shared any specific information about those new countries. For instance, the company hasn’t…
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Aug 02, 5:37PM
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I spoke to CEO Rob Lloyd about how Hyperloop One got to today’s 192 mph XP-1 pod speed record, and what happens now, both for further technical testing and from a business perspective. The next step for the testing facility, aside from increasing speed incrementally until it can reach the top achievable velocity of 250 mph on the current 1620-foot length of test track, is building and…
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Aug 02, 5:30PM
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If RED piqued your interest with its vague promises of a holographic pocket digital cinema phone (what does that even mean?!), you’ll be interested to hear that YouTuber Marques Brownlee (AKA MKBHD) has gotten his hands on a prototype and was favorably impressed.
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