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Your smartphone may soon pack 1TB in storage thanks to Samsung's new memory chip
Jan 30, 8:06AM
Sick of filling the limited space on your phone with apps, photos and videos? Sometime in the near future, your smartphone could ship with more than one-terabyte (1TB) of internal storage and run 10 times faster than a standard memory card. Samsung is best known for making smartphones but the company’s memory division — one of its […]
Chat app Line's mobile payment service is getting its own Visa card
Jan 30, 7:31AM
Brown, Cony and the gang are coming to a credit card near you in Japan. Line, the messaging app company behind the cute sticker characters, announced today that it is bringing its payment service to plastic through a tie-in with Visa. Line is Japan’s largest chat app with an estimated 50 million registered users. The cards […]
Altice to acquire majority stake in OTT startup Molotov
Jan 30, 7:01AM
Telecom company Altice is about to close a significant investment in French startup Molotov — the two companies have entered into exclusive negotiations. While terms of the deal are undisclosed, Altice should end up with a majority stake in Molotov for hundreds of millions of euros. This is an interesting move as it greatly increases […]
iRobot's robotic lawnmower was 10 years in the making
Jan 30, 5:01AM
Meet Terra, the latest product line from iRobot destined to be forever known as the "Roomba for lawns." There are worse names, of course. After all, with the Roomba line, iRobot was able do what countless startups have tried and failed before and after — introduce a truly mainstream home robot. If the Massachusetts-based hardware […]
Several top Pandora executives, including CEO Roger Lynch, will leave after its acquisition by SiriusXM
Jan 30, 4:24AM
Pandora announced today that shareholders have approved its $3.5 billion acquisition by SiriusXM. After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra, and chief human resources officer Kristen Robinson. SiriusXM CEO Jim Meyer will lead the combined company. Pandora and SiriusXM announced the […]
Pinterest puts an IPO on its pinboard, hiring Goldman Sachs and JPMorgan to lead an offering this year
Jan 30, 12:02AM
Pinterest, the nearly nine-year-old, San Francisco-based site known for the images and links that its users post about everything from wedding to beauty trends, has hired Goldman Sachs and JPMorgan Chase as lead underwriters for an IPO that it’s planning to stage later this year. Reuters first reported the news. TechCrunch sources have since confirmed […]
Facebook pays teens to install VPN that spies on them
Jan 29, 11:36PM
Desperate for data on its competitors, Facebook has been secretly paying people to install a “Facebook Research” VPN that lets the company suck in all of a user’s phone and web activity, similar to Facebook’s Onavo Protect app that Apple banned in June and that was removed in August. Facebook sidesteps the App Store and […]
It's time to pay serious attention to TikTok
Jan 29, 11:21PM
If you haven’t been paying attention to TikTok, you haven’t been paying attention. The short-form video app hailing from Beijing’s ByteDance just had its biggest month ever with the addition of 75 million new users in December — a 275 percent increase from the 20 million it added in December 2017, according a recent report […]
Knotch raises $25M to help marketers collect data about their content
Jan 29, 11:03PM
Knotch announced yesterday that it has raised $25 million in Series B funding. The round was led by New Enterprise Associates, with NEA’s Hilarie Koplow-McAdams joining the Knotch board of directors. Rob Norman, the former chief digital officer of ad giant GroupM is also joining the board. “Brands have a desire to understand the effectiveness […]
Argo AI acquires permit to test autonomous vehicles in California
Jan 29, 10:50PM
Argo AI, the self-driving car startup that burst onto the scene in 2017 with $1 billion in backing from Ford, has obtained a permit to test its autonomous vehicles in California. The permit, issued by the California Department of Motor Vehicles, is for one vehicle and two drivers. Unlike other self-driving car companies, California isn’t […]
Apple's global active install base of iPhones surpassed 900 million this quarter
Jan 29, 10:43PM
It’s not surprising that Apple has a massive active install base of iPhones across the globe, but we now finally have an exact number to put behind it. During its Q1 earnings call, CFO Luca Maestri shared the install base for the first time. “Our global active install base of iPhone continues to grow and […]
Facebook, Google and Twitter told to do more to fight fake news ahead of European elections
Jan 29, 10:16PM
A first batch of monthly progress reports from tech giants and advertising companies on what they’re doing to help fight online disinformation have been published by the European Commission. Platforms including Facebook, Google and Twitter signed up to a voluntary EU code of practice on the issue last year. The first reports cover measures taken […]
Apple is rethinking international iPhone pricing as revenues slip
Jan 29, 10:14PM
When Apple lowered guidance on earnings earlier this month, it cited markets like China as a major factor in its disappointing numbers. Sure enough, when earnings hit today, things didn't look great, as iPhone revenues dipped 15 percent year over year for the quarter. In an interview with Reuters earlier today, Tim Cook noted that […]
Startup investors should consider revenue share when equity is a bad fit
Jan 29, 10:00PM
Stepping back to take a look at the bigger picture of American entrepreneurship, it becomes apparent that equity is not the right fit for many businesses.
Yep, iPhone revenue is down
Jan 29, 9:45PM
Apple's Q1 earnings are in, and things don't look too rosy for the iPhone. Revenue for the handset has declined 15 percent year over year for the quarter. It's a pretty hefty drop for a device that's been flying high for so long, but you can't say Apple didn't warn us. Earlier this month, Tim […]
Apple's Q1 revenue declines with iPhone sales down 15%
Jan 29, 9:44PM
Apple met its already-lowered expectations for its first earnings report of 2019, but the outlook isn’t too rosy as the gadget maker sees a major year-over-year decline in its cash cow iPhone business. Apple reported revenue of $84.3 billion with $4.22 in basic earnings per share, falling largely in line with Wall Street expectations of $84 […]
eBay beats in Q4 on sales of $2.9B and EPS of $0.71, but GMV of $24.6B is up only 1%
Jan 29, 9:41PM
As eBay gets increasing pressure from activist shareholders like Elliott Management and Starboard to reform its business and turn it into a high-growth tech stock by overhauling its main Marketplace, refreshing management and rethinking its other businesses like StubHub and classifieds, the e-commerce platform delivered a set of Q4 results that were solid if a little […]
EFF lawyer joins WhatsApp as privacy policy manager
Jan 29, 9:21PM
In an effort to bolster its public credibility in the wake of a very rough year, Facebook is bringing a fierce former critic into the fold. Next month, longtime Electronic Frontier Foundation (EFF) counsel Nate Cardozo will join WhatsApp, Facebook’s encrypted chat app. Cardozo most recently held the position of Senior Information Security Counsel with […]
Data management giant Rubrik leaked a massive database of client data
Jan 29, 8:56PM
A server security lapse has exposed a massive database of customer information belonging to Rubrik, an IT security and cloud data management giant. The company pulled the server offline Tuesday within an hour of TechCrunch alerting the company, after the data was found by security researcher Oliver Hough. The exposed server wasn’t protected with a […]
Announcing TC Sessions: Mobility, a one-day event on the future of mobility and transportation
Jan 29, 8:05PM
Mobility is changing and the world is changing with it. Technology is upending century-old establishments, creating new lifestyles and routines. Regions across the globe are trying to replicate Silicon Valley, but all the while Silicon Valley has been replicating a different innovative American city: Detroit. Countless companies have sprung up around the Bay Area focused […]
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