Tech

  • Basketball: Blazers’ Lillard left in limbo by Warriors’ wall of defense Portland leading scorer Damian Lillard has had a difficult time with a hovering Golden State defense and, with his team facing elimination from the NBA Western Conference finals, the Trail Blazer All-Star has a decision to make. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Game of Thrones petition reaches 1M signatures ahead of finale Life is short, difficult and, most likely, ultimately meaningless. In this age of immediate fan service, it’s important to remember that you can’t always get what you want. That goes double when it comes to the final season of a beloved television series (I’m looking at you, The Wire). TV, like life, rarely has a ...
  • Google reportedly suspends select business with Huawei over U.S. ban The Trump administration Huawei ban is sure to have wide-ranging and long lasting effects for all parties. In the meantime, it seems, a number of those involved in the periphery are treading lightly in hope of not burning bridges on either side. Google has taken accidental center stage, in its role providing Android and a ...
  • How the (plant-based) sausage is about to be made It’s been a big year for Impossible . The bay area based food startup kicked the year off with a new take on its titual burger, and just last week announced the closing of a $300 million round hot on the heels of its Burger King distribution. What comes next for the company likely won’t ...
  • As Amex scoops up Resy, a look at its history of acquisitions Alex Wilhelm Contributor Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor Equity transcribed: Away’s $1.4B valuation and CrowdStrike’s S-1 Unpacking Away’s $1.4B valuation, the startup studio model and CrowdStrike’s S-1 Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups ...
  • Sam Altman’s leap of faith Earlier this year, founder-investor Sam Altman left his high-profile role as the president of Y Combinator to become the CEO of OpenAI, an AI research center at its outset that founded by some of the most prominent people in the tech industry in late 2015. The idea: to ensure that artificial intelligence is “developed in ...
  • Immigrant founders, smartphone growth, SEO tactics, SoftBank’s financials, and AR tech How an immigration crackdown is hurting UK startups Our European correspondent Natasha Lomas spent the past few weeks investigating what’s been happening to immigrant founders and tech talent in the UK, who have been receiving more scrutiny from the Home Office in recent months. Natasha zooms in on Metail, a virtual fitting room startup, and ...
  • Myneral.me wins the TechCrunch Hackathon at VivaTech It’s been a long night at VivaTech. The building hosted a very special competition — the TechCrunch Hackathon in Paris. Hundreds of engineers and designers got together to come up with something cool, something neat, something awesome. The only condition was that they only had 36 hours to work on their projects. Some of them ...
  • Original Content podcast: ‘Game of Thrones’ burns it all down This post and podcast contain spoilers for “Game of Thrones.” Our original co-host Darrell Etherington returns for this week’s Original Content podcast, which is all about “Game of Thrones” — specifically “The Bells,” an episode that seems to have prompted more fan outcry than anything in the last seven-and-a-half seasons. The controversy, of course, comes ...
  • Startups Weekly: There’s an alternative to raising VC and it’s called revenue-based financing In this week’s newsletter: Amazon takes a bite of Deliveroo and Away packs on $100M Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens ...
  • Italy’s watchdog investigates Google for alleged antitrust abuse Italy’s competition watchdog said on Friday it had opened an investigation into alleged abuse of a dominant market position by Google in the smart device sector. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Samsung to spend more than $14 billion in second phase of China chip plant: Xinhua South Korean tech giant Samsung Electronics Co Ltd will spend more than $14 billion in the second phase of investment in its memory chip plant in Xian, China, China’s official Xinhua news agency reported on Friday citing a Samsung executive. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • GMC trucks to deploy adaptive cruise control system Automaker General Motors Co’s truck brand GMC said on Friday its 2020 Sierra large pickup trucks will have an adaptive cruise control system, in a push to catch up with its rivals. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Hewlett Packard Enterprise to buy supercomputer maker Cray in $1.30 billion deal Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Facebook breakup would be solution of last resort: EU’s Vestager A break-up of U.S. social media company Facebook would be a solution of last resort that would probably generate long judicial procedures, EU Competition Commissioner Margrethe Vestager said on Friday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Facebook forms Swiss fintech firm with payments focus Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing, Geneva’s commercial register shows. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • How to navigate the UK’s immigration compliance nightmare The United Kingdom’s current government has ended up restricting high-skill immigration as part of its larger drive to decrease all immigration. While it pays lip service to being a startup hub, we just published an article examining how one promising high-profile startup, Metail, has been cut off from hiring more key workers over a rather ...
  • How an immigration crackdown is hurting UK startups The two people who sat down in reception without an appointment would not leave the startup’s office until the end of the day. Two months later, a letter followed informing the company it had been suspended from the United Kingdom’s register of licensed sponsors, the database of companies the government has approved to employee foreign ...
  • Exclusive: Banks to invest around $50 million in digital cash settlement project – sources Several of the world’s largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Apple Promotes Music-Making on Mac in New Ad Apple today shared a new “Behind the Music” ad in the United Kingdom that promotes music-making on the Mac with portraits of artists. “From bedroom studio to stadium tour, the British music scene is alive,” the video description says. “See the emerg… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • ‘Old Town Road’ finally gets the video treatment From viral TikTok sensation to music’s number one smash hit, “Old Town Road” has taken the top spot in music’s cultural firmament relying on an incredible Nine Inch Nails sample, some old-fashioned controversy (it was barred from country music charts) and a remix with Billy Ray Cyrus. So it’s only natural that the song that ...
  • Magic Leap buys Belgian startup building hologram teleconferencing software Princess Leia’s hologram message to Obi-Wan is getting closer to reality, at least augmented reality. Magic Leap announced yesterday that they’ve agreed to acquire Belgian startup Mimesys. The team has been working on bringing Star Wars-esque volumetric video calls to the Magic Leap platform, and it seems that the Florida AR startup liked what they ...
  • Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to be the leader in the game of drones. The competition to be a leading vendor of delivery drone services is fierce, but Zipline has already built its billion-dollar business selling its hardware and services as ...
  • Huawei and suppliers make plans to face U.S. trade blacklist: Nikkei China’s Huawei Technologies Co Ltd is asking its top Asian chipmakers to maintain deliveries after Washington decided to curb the telecom giant’s access to American technology, the Nikkei reported https://asia.nikkei.com/Economy/Trade-war/Huawei-and-su… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Creator claims Lenovo stole foldable Moto Razr video it played at a press event Why would you steal a fan-made render of a phone you are supposedly working on? Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens ...
  • Hack on Stack Overflow exposes private data for ~250 users Intruders who accessed production system remained undetected for at least five days. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Lyft is sued by investors over IPO Lyft is sued by investors over its initial public offering – court filing Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new ...
  • Tall chip tale? Huawei’s backup plans leave experts unconvinced Chip experts are calling out Huawei for its claims that it could ensure a steady supply chain without U.S. help, saying the technology the Chinese telecoms network gear maker buys from American companies would be “hard to replace”. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Postmates CEO Bastian Lehmann is coming to Disrupt SF It’s a busy time for Postmates — the logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is still carving some time out of his schedule to join us at Disrupt SF in October. Before Postmates, Lehmann cofounded ...
  • The state of the smartphone Earlier this month, Canalys used the word “freefall” to describe its latest reporting. Global shipments fell 6.8% year over year. At 313.9 million, they were at their lowest level in nearly half a decade. Of the major players, Apple was easily the hardest hit, falling 23.2% year over year. The firm says that’s the “largest ...
  • Microsoft aims to train and certify 15,000 workers on AI skills by 2022 Microsoft is investing in certification and training for a range of AI-related skills in partnership with education provider General Assembly, the companies announced this morning. The goal is to train some 15,000 people by 2022 in order to increase the pool of AI talent around the world. The training will focus on AI, machine learning, ...
  • Overstock CEO defends personal stock sale after shareholders question move Overstock.com Inc Chief Executive Officer Patrick Byrne on Friday hit out at shareholders who questioned the sale of a portion of his stake in the company, after the online retailer’s shares plunged on Wednesday following the disclosure of his move. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Samsung Electronics says undecided on further investment in its China NAND plant South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China’s official Xinhua news agency. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • HPE is buying Cray for $1.3 billion HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high performance computing portfolio, and perhaps a foothold into quantum computing in the future. The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share. Cray was founded in the 1970s and for a ...
  • German finance minister expects OECD deal on digital tax in 2020 German Finance Minister Olaf Scholz said on Friday he expected the Organisation for Economic Cooperation and Development (OECD) will agree a minimum level of taxation for digital companies such as Amazon, Google and Facebook by mid-2020. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Unpacking Away’s $1.4B valuation, the startup studio model and CrowdStrike’s S-1 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • LG developed its own AI chip to make its smart home products even smarter As its once-strong mobile division continues to slide, LG is picking up its focus on emerging tech. The company has pushed automotive, and particularly its self-driving capabilities, and today it doubled down on its smart home play with the announcement of its own artificial intelligence (AI) chip. LG said the new chip includes its own ...
  • Google, Facebook, Twitter rapped for not doing enough in EU fake news fight Facebook, Google and Twitter were reprimanded by the European Commission on Friday for not doing enough to tackle fake news plaguing the election campaign to the European Parliament, seven months after promising to do more. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Consumer bodies seek to force Alibaba portal to honor EU shoppers’ rights Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba’s online shopping portal for allegedly setting unfair terms for EU users. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Trump’s Huawei ban ‘wins’ one trade battle, but the US may lose the networking war While U.S. government officials celebrate what they must consider to be a win in their battle against the low-cost, high-performance networking vendor Huawei and other Chinese hardware manufacturers, the country is at risk of falling seriously behind in the broader, global competition for telecom tech and customers. It may be a race that the U.S. ...
  • Amazon leads $575M investment in Deliveroo Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo . First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from Deliveroo, which confirmed that existing backers including T. Rowe Price, Fidelity Management and Research ...
  • China’s Luckin Coffee raises up to $651M in upsized US IPO Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after it priced its shares at $17. Despite concern at its high losses and little chance of near-term profitability, Luckin seems to have been greeted positively ...
  • Italy’s antitrust opens abuse of dominant position probe into Google Italy’s competition watchdog said on Friday it had opened an investigation into alleged abuse of a dominant market position by Google in the smart device sector. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Canada’s Trudeau pledges ‘consequences’ for disinformation on online platforms Canadian Prime Minister Justin Trudeau on Thursday promised that efforts to regulate social media in Canada would include “meaningful financial consequences” for online platforms that fail to counter disinformation. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Microsoft, Sony partner on streaming games, chips and AI Microsoft Corp and Sony Corp on Thursday said they struck a strategic partnership in which Sony would use Microsoft’s cloud for streaming games and media and the two would work together to develop image sensors. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Baidu swings to net loss for first time since listing, shares fall Chinese search engine operator Baidu Inc booked its first quarterly loss since at least 2015 and forecast quarterly revenue below market estimates, saying a “challenging marketing environment” is sapping income from advertisers. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Air taxi startup Lilium stages test ‘hover’ of five-seater prototype Air taxi startup Lilium has staged a successful maiden flight of a five-seater prototype that it hopes to bring into service by 2025 to whisk passengers between cities without the hassle of an airport check-in. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Chelsea Manning is back in jail after refusing to cooperate with WikiLeaks investigation Following a week-long release from an Alexandria, Virginia detention center, Chelsea Manning is back in jail. Manning was jailed in March for her refusal to cooperate with a grand jury investigation into WikiLeaks. Manning has made her position on the grand jury well known and refuses to cooperate with its proceedings on principle. Her release ...
  • Huawei’s Hisilicon says it has long been preparing for U.S. ban scenario Huawei subsidiary Hisilicon said that it had long been anticipating the possibility that the firm could one day be unable to obtain chips and technology from the United States and had prepared to soften any impact. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Autopilot was active when a Tesla crashed into a truck, killing driver NTSB report says driver engaged Autopilot 10 seconds before the deadly crash. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Huawei to challenge U.S. export sanction which it says will harm America Huawei Technologies said on Thursday it will challenge a decision by the U.S. Commerce Department to add the Chinese company to a export blacklist, warning the decision “will do significant economic harm to the American companies with which Huawei does… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • China’s Huawei restricted from using U.S. suppliers The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Stack Overflow confirms breach, but customer data said to be unaffected Developer knowledge sharing site Stack Overflow has confirmed hackers breached its systems, but said customer data is unaffected. “Over the weekend, there was an attack on Stack Overflow,” wrote Mary Ferguson, vice president of engineering. “We have confirmed that some level of production access was gained on May 11.” “We discovered and investigated the extent ...
  • Retail Zipline raises $9.6M from Emergence and Serena Williams Retail Zipline, a startup aiming to improve communication between retail stores and corporate decision makers, announced today that it has raised $9.6 million in Series A funding. CEO Melissa Wong previously worked in corporate communications for Old Navy, where she said she saw “such a disconnect between what was decided in headquarters and what was ...
  • Asus’ $499 ZenFone 6 has a flip-up camera and a giant battery Premium smartphone manufacturers have moved the needle on pricing, but 2019 may well go down as a kind of golden age for budget flagships. Apple, Google and Samsung are all in that business now, and OnePlus has once again shown the world how to offer more for less. And then there’s the new ZenFone. It’s ...
  • U.S. Commerce Department publishes Huawei export blacklist order The U.S. Commerce Department on Thursday formally placed Huawei Technologies Co Ltd and 68 affiliates in more than two dozen countries on its so-called “Entity List” – a move that bans the telecom company from buying parts and components from American… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • The case for corporates to fill the seed vacuum Over the past 5 years, there has been a clear drop in seed investing. From 2010-2014 there was an influx of “micro” VCs, well-equipped to deploy seed capital. Since then, we’ve seen a gradual decline. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Chip gear maker Applied Materials results beat estimates, shares rise U.S. chip gear maker Applied Materials Inc’s reported better-than-expected quarterly revenue and forecast third-quarter revenue and profit above estimates on Thursday, allaying investor concerns about slowing semiconductor demand. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • SugarCRM moves into marketing automation with Salesfusion acquisition SugarCRM announced today that it has acquired Atlanta-based Salesfusion to help build out the marketing automation side of its business. The deal closed last Friday. The companies did not share the purchase price. CEO Craig Charlton, who joined the company in February, says he recognized that marketing automation was an area of the platform that ...
  • ObjectiveEd is building a better digital curriculum for vision-impaired kids Children with vision impairments struggle to get a solid K-12 education for a lot of reasons — so the more tools their teachers have to impart basic skills and concepts, the better. ObjectiveEd is a startup that aims to empower teachers and kids with a suite of learning games accessible to all vision levels, along ...
  • Fiverr files to go public, reports revenue of $75.5M and a net loss of $36.1M for 2018 Freelance marketplace Fiverr has filed to go public on the New York Stock Exchange. The company, which is headquartered in Tel Aviv, is losing money — its net losses grew from $19.3 million in 2017 to $36.1 million in 2018. At the same time, revenue grew by nearly 45 percent, from $52.1 million to $75.5 ...
  • Rivals in gaming, Microsoft and Sony team up on cloud services For the last two decades, Sony and Microsoft’s gaming divisions have been locked in all-out war against one another: on price, on hardware, on franchises, on exclusives… you name it. But it seems they’ve set their enmity aside temporarily that they might better prevent that filthy casual, Google, from joining the fray. Share this:Click to email ...
  • Ticketmaster put an end to screenshots with new digital ticket technology Ticketmaster is turning to new technology to help fight ticket fraud. The ticketing giant today unveiled its next-generation digital tickets, “Safetix,” which are tied to the ticket holder’s mobile device through an encrypted barcode that automatically refreshes every few seconds. The tickets will also support NFC technology, allowing fans to enter venues through a “tap ...
  • MultiVu raises $7M seed round for its next-gen 3D sensor MultiVu, a Tel Aviv-based startup that is developing a new 3D imaging solution that only relies on a single sensor and some deep learning smarts, today announced that it has raised a $7 million seed round. The round was led by crowdfunding platform OurCrowd, Cardumen Captial and Hong Kong’s Junson Capital. Tel Aviv University’s TAU ...
  • Samsung’s 5G phone hits Verizon, Sprint getting two 5G devices this month With 5G, when it rains, it pours. A few hours after Verizon officially started selling the Samsung Galaxy S10 5G, Sprint announced that it will be offering two 5G devices for its network by the end of the month. For now, it still feels like manufacturers are putting the cart before the horse here. There’s ...
  • Verified Expert Brand Designer: Milkinside Gleb Kuznetsov refuses to settle for less. After spending years leading product design for startups and corporate clients, Gleb started a boutique branding agency, Milkinside, that helps clients translate new technologies into useful products. Gleb and his team of experienced creators are committed to serving the end user, which is why they love taking products ...
  • Daily Crunch: Trump targets Huawei with emergency declaration The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Trump declares national emergency to protect US networks from foreign espionage While the U.S. already restricted government contractors and federal agencies ...
  • China warns U.S. move against Huawei could hurt trade talks The Trump administration’s decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Apple Highlights Global Accessibility Awareness Day With Front-Page Feature [Updated] Today is Global Accessibility Awareness Day, an event that promotes inclusion and access to technology for anyone with a disability. As it has over the past few years, Apple is marking the day by updating Apple.com in the United States and a few region… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Apple Pay Launch in the Netherlands Appears Imminent Apple Pay will likely launch in the Netherlands in the very near future, as the service has now been elevated to “beta” status internally at Apple ahead of its much-anticipated rollout in the country. The server-side change was first spotted by WolfMei… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Unveiling its latest cohort, Alchemist announces $4 million in funding for its enterprise accelerator The enterprise software and services focused accelerator, Alchemist has raised $4 million in fresh financing from investors BASF and the Qatar Development Bank, just in time for its latest demo day unveiling 20 new companies. Qatar and BASF join previous investors including the venture firms Mayfield, Khosla Ventures, Foundation Capital, DFJ, and USVP, and corporate ...
  • How to see our world in a new light Startups are ultimately vessels of speculation, of new products, new markets, and innovations the world has never seen. While data and information are important components for exploring the frontiers of the possible, perhaps the best way is through stories and fiction, and especially speculative fiction. We’ve been fortunate at Extra Crunch to have noted novelist ...
  • Walmart beats on earnings in Q1, with U.S. e-commerce up by 37 percent Walmart’s investments in e-commerce are paying off. The retailer today announced its U.S. e-commerce sales grew by 37 percent in the first quarter, largely thanks to its booming online grocery business and growth in both the home and fashion categories on Walmart.com. The company also beat analyst estimates for the quarter, with earnings per share ...
  • Instagram to Scrap Standalone ‘Direct’ Messaging App Direct for Instagram, the companion direct messaging app for the photo-sharing social media platform, is being killed off by Instagram in the next few weeks. First spotted by social media commentator Matt Navarra, this news was delivered to users of Direct for Instagram via an in-app notification, which informed them that the standalone app is “going ...
  • Openfinance opens up US trading of third-party digital assets Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to US Investors, making it the first trading platform to do so. The company already supported the trading of third-party digital securities (securities that have been migrated onto the blockchain that are now traded on ...