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Tesla to help build on-site charging stations for its first Semi customers
Feb 02, 2:17PM
Tesla is going to be working with its first pilot customers for its all-electric Semi truck to build charging stations at their shipping facilities, Reuters reports. We know relatively little about how Tesla will be piloting its truck thus far, but this new info sheds some light on the charging component of the puzzle. Tesla will be working with Anheuser-Busch, Pepsi and UPS at least to build… Read MoreEquity podcast: Dog-walking startup gets $300M, Airbnb isn't going public and Amazon is fine
Feb 02, 2:10PM
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Matthew Lynley and Alex Wilhelm were joined by General Catalyst’s Steve Herrod, who helped us dig through the week’s biggest news. As a group, we looked at Wag’s mega-round, a $300 million infusion from SoftBank’s Vision Fund.… Read MoreSlite looks to build a new smarter notes tool for internal teams
Feb 02, 2:00PM
If you’ve ever tried to collaborate on a document (or any kind of note, really) with coworkers or anyone else, you’re probably using something along the lines of Dropbox Paper or Google Docs — but they don’t quite have the same team-focused simplicity as, say, Slack, if you ask Christophe Pasquier. That’s where Slite, a new notes tool that’s specifically… Read MoreFashion subscription service Le Tote ventures into China's competitive luxury retail market
Feb 02, 1:08PM
China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming more picky, demanding premium goods at better prices, with better service. Now Le Tote, the fashion rental service backed by Andreessen Horowitz, GV and other investors, is preparing to enter the fray. Read MorePeople are digging the new 3D replay tech in PUBG
Feb 02, 11:00AM
In December, PlayerUnknown’s Battlegrounds partnered with Seoul-based Minkonet to introduce a new 3D replay feature. For those unfamiliar with PUBG, it follows a similar structure to H1Z1 or Fortnite Battle Royale, with a hundred players dropped into a large map with nothing but their own ability to loot gear and ultimately survive. The game is a hit, with a reported 3 million… Read MoreA traveling frog exposes concerns within Apple's Chinese App Store
Feb 02, 9:13AM
An app about a frog that likes to travel has exposed worrying signs that Apple isn’t doing enough to prevent fake apps from entering its App Store in China, the world’s largest smartphone market and Apple’s single largest country for app revenue. The story centers around ‘Tabi Kaeru’ — or ‘Travel Frog’ — a Japanese app that has become an… Read MoreScience, the L.A.-based incubator, just closed on $75 million for its first real venture fund
Feb 02, 7:10AM
Science Inc, the Santa Monica, Ca.-based incubator and investment firm, has closed a new venture capital fund with $75 million in commitments, shows a new SEC filing. According to the six-year-old firm, the vehicle is its first official venture fund — with traditional limited partners, including a fund of funds, sovereign wealth funds, foundations, and other institutional investors.… Read MoreKazuo Hirai is standing down as Sony CEO
Feb 02, 5:17AM
Sony is getting a new CEO after it announced that CFO Kenichiro Yoshida will replace Kazuo Hirai as the head of the Japanese firm. The move will happen April 1, with Hirai shifting to the role of Chairman. “I have dedicated myself to transforming the company and enhancing its profitability, and am very proud that now, in the third and final year of our current mid-range corporate plan,… Read MoreTesla uses auto leases to raise $546 million in asset backed securities
Feb 02, 2:56AM
Tesla is using its car leases as collateral for a big $546 million loan as it turns to debt markets to raise additional cash to combat the blistering burn rate of its auto and energy business, according to multiple reports. The bonds are pegged to leases of its Model S and X cars, and it marks the first time that Elon’s electric albatross has turned to asset backed securities for new… Read MoreThe Airbus Vahana flying taxi actually flew for the first time
Feb 02, 2:42AM
Seems like just yesterday Airbus’ Vahana autonomous electric vertical take-off and landing (VTOL) craft was little more than a painted concept, but now it’s actually flown, during a full-scale prototype test that lasted just under a minute, and during which the Vahana aircraft was fully self-piloted and fling at a height of 16 feet off the ground. The Vahana VTOL, which resembles… Read MoreGoogle's Diane Greene says billion-dollar cloud revenue already puts them in elite company
Feb 02, 1:21AM
It has long been believed that the big three in the cloud consisted of AWS, Microsoft and Google, with IBM not doing too badly either. But in its earnings call with analysts today, the company revealed it’s pulling in a billion dollars a quarter in combined cloud revenue. That’s a figure that Google’s Diane Greene says already puts her company on elite footing. Read MoreDavid Marcus defends Facebook's Messenger Kids platform
Feb 02, 1:00AM
David Marcus, Facebook’s vice president of Messaging Products, responded to the backlash against Messenger Kids when he spoke at the Upfront Summit in Los Angeles on Thursday. “Families will be better off because it exists,” said Marcus. “I firmly believe that it is a good product.” Read MoreMIT is aiming for AI moonshots with Intelligence Quest
Feb 01, 11:35PM
Artificial intelligence has long been a focus for MIT. The school’s been researching the space since the late ’50s. But the university thinks it can do more to elevate the rapidly expanding field. This week, the school announced the launch of the MIT Intelligence Quest, an initiative aimed at leveraging its AI research into something it believes could be game-changing for the category. Read MoreWhy is Bitcoin's price down to two-month lows?
Feb 01, 11:26PM
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past. Read MoreFactual expands its location-based ad tools
Feb 01, 10:49PM
Factual announced this morning that it’s expanding its Geopulse ad-targeting suite, with new products designed to help advertisers measure whether their campaigns drive in-store visits, and to give them more guidance on overall strategy. Read MoreiPhone sales numbers dipped slightly, but revenue is up courtesy of the iPhone X
Feb 01, 10:30PM
As far as sales figures go, this last quarter wasn’t entirely rosy for Apple. During today’s earnings report, the company posted sales of 77.3 million iPhones, down just under a million from this time last year. Of course, that 78.2 million figure from 2017 represented a new record for the company. But Wall Street still expected another increase, up to 80.2 million phones for… Read MoreApple saw $5.5 billion in revenue from AirPods, Watches, TVs and other products last quarter
Feb 01, 10:20PM
Other than its iPhones and computers, Apple sells a bunch of other products, like the AirPods, Apple Watch, Apple TV, Beats products, iPod Touch and, most recently, the HomePod. In Q1 2018, Apple saw $5.5 billion in revenue for these other products, an increase of 36 percent year over year. Read MoreApple's $1T dreams are on hold as it misses on iPhone sales in the holiday quarter
Feb 01, 9:41PM
Apple’s dream of becoming a $1 trillion company will have to wait — at least for a little while. But while iPhone sales this year were about flat (down about 1% to be exact), revenue from the iPhone rose 13% year-over-year. That means Apple is finding ways to get more revenue out of the same number of units, so it may indeed be finding demand for higher-priced phones amid the… Read MoreI spent the morning playing with the Nintendo Labo
Feb 01, 9:23PM
Labo is peak Nintendo. It’s strange, it’s innovative, it’s pretty silly and it’s completely unexpected. As longtime PR rep David Young told us during a quick chat at today’s event, “when people think we’re going to zig, we zag.” Nintendo Labo is Maximum Zag. Read MoreAlphabet is tumbling after a fourth quarter whiff and names John Hennessy as new board chair
Feb 01, 9:19PM
Google parent company Alphabet’s big run over the past few months came to a screeching halt today after it came out with its fourth-quarter results, which fell beneath expectations set by Wall Street for the advertising giant — sending the stock down around 5 percent and shaving off billions in market cap. 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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