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Alibaba breaks 'Singles Day' record, racking up $18 billion in sales in just 12 hours
Nov 11, 4:28AM
Well, it’s 11/11 on the other side of the globe which means Alibaba is already raking in loads of cash from Singles Day, otherwise known as the biggest day for global online shopping of the year. The company has a running sales counter on its Alizila news website, which details the “gross merchandise volume” that it has fulfilled orders for so far. It’s currently just… Read MoreCrunch Report | Musical.ly to sell for at least $800 million
Nov 11, 4:07AM
Today’s Stories China’s Toutiao is buying Musical.ly in a deal worth $800M-$1B Uber loses UK tribunal appeal over driver employment rights Uber ‘Express POOL’ offers the cheapest fare if you’ll walk a little Facebook relaunches Events app as Facebook Local, adds bars and food Credits Written by: MRD Hosted by: MRD Filmed by: Chris Gates Edited by: Chris Gates Read More
Nintendo may make as many as 30 million Switches next year
Nov 11, 12:57AM
Rumors in early October had Nintendo more than doubling production for the highly successful Switch in order to meet what will almost certainly be crushing demand during the holidays. The company may be planning even higher volumes for next year — perhaps as many as 30 million consoles. Read MoreTwilio competitor Bandwidth up 6% following IPO
Nov 10, 9:43PM
Bandwidth, a company that helps businesses with voice and text communication, debuted on the Nasdaq on Friday, going up about 6 percent on its first day of trading. After pricing its IPO at the bottom of the expected range at $20 per share, the company closed Friday at $21.19, or up about 6 percent. Read MoreNetflix cuts ties with Louis CK
Nov 10, 9:39PM
Netflix has announced that it will not be making a second stand-up special with comedian Louis CK. For years, rumors have swirled that Louis CK engaged in inappropriate sexual behavior with the women around him. Gawker led coverage of these rumors in 2015 (and even as early as 2012). But this week, the New York Times reported that five women, many of whom went on the record, have accused Louis… Read MoreAmazon's Echo Spot might not arrive by Christmas [Updated]
Nov 10, 9:02PM
A number of customers who pre-ordered Amazon’s new Echo Spot smart alarm clock are now being told the product’s ship date has been pushed back. Emails sent to customers inform them that “unfortunately, the release date for the item listed below has changed,” and then provides a new delivery estimate based on that revised date. [SEE UPDATE BELOW] However, the official… Read MoreBike-share platform Spin poaches Seattle transit regulator and launches in a dozen new cities
Nov 10, 7:55PM
Spin, one of several bike-sharing companies now vying for dominance in a number of U.S. cities, has a new weapon to wield against its competitors: Kyle Rowe, the architect of Seattle’s permissive and apparently successful bike-share permit system, who is joining the company to work on government partnerships. In addition, Spin is gearing up to launch in a dozen or so new cities. Read MoreNew startups like Mytime want to pay for your attention and time in cryptocurrency
Nov 10, 7:29PM
The debate about the effects social networks like Facebook and Twitter have on us as human beings goes one. Indeed, just this week Facebook co-founder Sean Parker said “The thought process that went into building these applications, Facebook being the first of them, … was all about: ‘How do we consume as much of your time and conscious attention as possible?… God only… Read MoreUber 'Express POOL' offers the cheapest fare if you'll walk a little
Nov 10, 7:16PM
Uber’s found a way to shave another 25 percent or so off the price of a ride. Uber Express POOL asks you to walk up to a few blocks to your pickup and destination before and after the ride in exchange for the cheapest fare out of all of Uber’s options. Read MoreInstagram could let you follow hashtags soon
Nov 10, 6:20PM
Instagram is testing a new feature with a small fraction of its user base. As spotted by Pippa Akram and The Next Web, some users can now search for a hashtag and follow this tag in particular. Ok this is new. What does this do @SimonSocialMM @BizPaul @NatalieTFG any ideas? I've followed 2 but can't find what that means!! pic.twitter.com/LlCBk4Wmfv — Pippa Akram… Read MoreMysterious 'green line of death' appears on some iPhone X displays
Nov 10, 5:49PM
It wouldn’t be the launch of a first-generation Apple product without a few hiccups — who can forget Antennagate and Bendgate? — and the iPhone X is no different. A handful of users report that a mysterious and inextinguishable green line has appeared on their device’s display. Read MoreOnline real estate startup ToLet acquires Jumia House Nigeria to create PropertyPro.Ng
Nov 10, 4:30PM
African tech can produce surprises. One this week is a $1.2 million Series A startup buying part of a $1 billion company. That’s what Lagos based property startup ToLet.com.ng has done, purchasing Jumia House Nigeria for an undisclosed amount. Jumia House is a subsidiary of the continent’s lone tech unicorn — Pan-African e-commerce giant Jumia.com. ToLet and Jumia House… Read MoreApple's iOS App Store adds weekend deals to boost app downloads
Nov 10, 3:54PM
With the introduction of iOS 11, Apple redesigned the App Store with a heavier focus on editorial content, including articles, interviews, how-to’s, lists and other round-ups with app recommendations. Now, it’s adding another feature, as well, called “This Weekend Only.” The new section lists deals that can be found inside apps, as opposed to discounts on downloads of… Read MoreAmazon expands its Influencer Program to include Twitter and Instagram, in addition to YouTube
Nov 10, 3:10PM
Amazon is expanding its Influencer Program beyond YouTube to also include Twitter and Instagram, the company announced on Thursday. First launched into beta earlier this spring, the program initially targeted YouTube stars by offering them a way to make money from the products they promoted in their videos through an affiliate-like relationship with Amazon. Many of today’s influencers… Read MoreOriginal Content podcast: Marvel's 'Runaways' looks like an all-around good time
Nov 10, 3:04PM
Lord of the Rings as a streaming TV series? It might happen. Also, Netflix is releasing a comic book with Mark Millar, and Harry Potter is getting its very own Pokémon Go. Plus, TechCrunch’s Darrell Etherington and Anthony Ha enjoy an early look at Marvel’s Runaways, coming to Hulu later this month. We also get into some off-topic chat around the Now You See Me film franchise,… Read MorePayPal takes on crowdfunding with Money Pools, where groups chip in to raise money and buy things
Nov 10, 2:55PM
When Airbnb acquired and subsequently shut down Tilt — a platform that let people pool together to pay for items or events — many (including former Tilt employees) were left wondering what could and would replace it. PayPal has stepped into the fray in an attempt to provide its own answer. The payments giant has now launched Money Pools, a service that takes on the likes of… Read MoreThe OpenStack Foundation starts to look at projects beyond OpenStack
Nov 10, 2:30PM
Over the last few years, we’ve seen the launch of a number of open source foundations like the Cloud Native Compute Foundation, the Cloud Foundry Foundation and others. Most of these run under the Linux Foundation, but one of the largest open source foundation outside of that group’s orbit is the OpenStack Foundation, which — at least until now — has solely focused on… Read MoreEquity podcast: Roku's on a tear, and Snap had an awful week
Nov 10, 2:01PM
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Katie Roof, Matthew Lynley and Alex Wilhelm dug into the recent earnings run and talked through what’s coming next in the IPO pipeline. We were joined by Heidi Mayon from Gunderson Dettmer, the perfect company this week to help us… Read MoreIBM makes 20 qubit quantum computing machine available as a cloud service
Nov 10, 2:00PM
IBM has been offering quantum computing as a cloud service since last year when it came out with a 5 qubit version of the advanced computers. Today, the company announced that it’s releasing 20-qubit quantum computers, quite a leap in just 18 months. A qubit is a single unit of quantum information. The company also announced that IBM researchers had successfully built a 50 qubit… Read MoreFacebook relaunches Events app as Facebook Local, adds bars and food
Nov 10, 2:00PM
Bad news for Yelp and good news for nightlife lovers. When you want to go out, it doesn’t necessarily have to be to an event. So to help you discover bars, restaurants, and nearby attractions, Facebook is rebranding its standalone Events app as “Facebook Local”. Launching in the U.S. today on iOS and Android, Facebook Local combines events and permanent places to a single… 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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