GM unveiled Thursday the Cadillac Lyriq, an all-electric crossover dripping in luxury and tech-forward touches. Promising more than 300 miles of range, it aims to propel the brand into a new electrified era. That new era for Cadillac will have to wait though. The company said the Lyriq will go into production in the U.S. […]
Google has partnered with one of the largest states in India to provide its digital classroom services to tens of millions of students and teachers, the search giant said today, as it makes a further education push in the world’s second largest internet market. The company, which recently announced plans to invest $10 billion in […]
Facebook and Twitter are taking a stronger stand against pandemic misinformation, we preview the latest version of macOS and a mental health startup raises $50 million. Here’s your Daily Crunch for August 6, 2020. The big story: Twitter, Facebook take action against Trump misinformation Facebook and Twitter both took action against a post from President […]
Uber reported its second-quarter earnings Thursday, and buried in the blizzard of less-than-rosy numbers is a stunning figure that illustrates how much the company has changed during the COVID-19 pandemic. Uber’s delivery business — better known as Uber Eats — is now bigger than its original and core ride-hailing division, based on adjusted net revenue. […]
Few could ever forget back in 2015 when security researchers Charlie Miller and Chris Valasek remotely killed a Jeep’s engine on a highway with a Wired reporter at the wheel. Since then, the car hacking world has bustled with security researchers looking to find new bugs — and ways to exploit them — in a […]
Today after the bell, American ride-hailing giant Uber released its second-quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially preceding period (Q1 2020). Investors had anticipated Uber’s declines due to COVID-19, and the company had spent time earlier this year assuring the investing public that it had […]
SpaceX is getting ready for a third try at launching its tenth Starlink mission, after two prior attempts were scrubbed, first in June and then again in July. Meanwhile, SpaceX has accomplished a lot — including another launch of a GPS satellite, and returning astronauts Bob Behnken and Doug Hurley to Earth from the International […]
The world is changing quickly. It seems to be growing more complicated by the minute. Throughout the centuries, humans have used storytelling to make sense of the world around them. That is perhaps more true today than it ever was, as we have access to more stories (via the internet) than we ever have in […]
Emerging market challenger banks will have to look carefully at market conditions, possible target segments, sustainable revenue sources and the regulatory structure that best supports their desired business model.
Casa, a Colorado-based provider of bitcoin security services, is launching a managed service allowing customers to buy and hold their own bitcoin, rather than using an external custodian like Coinbase. “With self-custody using Casa it’s impossible to be hacked and nearly impossible to have your bitcoin stolen,” wrote chief executive Nick Neuman in an email. […]
Lucia, a six-year old, hides from Zoom calls and has rejected every edtech tool from Seesaw to Khan Academy. She will spend all of first grade in quarantine. Her mother, Claire Díaz-Ortiz, says her daughter fits squarely into the “distance learning death zone.” The idea is that younger children are too young to do distance […]
I honestly can’t remember when I first started writing about the mobile creep in macOS. It has happened little by little, update after update. My earlier fears that it would fully surrender to the influence of iOS have thus far not come to fruition, but the iPhone’s operating system continues to be the clearest indicator […]
Ginger, a provider of on-demand mental healthcare services, has raised $50 million in a new round of funding. The new capital comes as interest and investment in mental health and wellness has emerged as the next big area of interest for investors in new technology and healthcare services companies. Mental health startups saw record deal […]
With the launch of Android 11 getting closer, Google today launched the third and final beta of its mobile operating system ahead of its general availability. Google had previously delayed the beta program by about a month because of the coronavirus pandemic. Since Android 11 had already reached platform stability with Beta 2, most of […]
Twitter is introducing new labels for accounts and tweets tied to government officials and “state-affiliated media.” “Twitter provides an unmatched way to connect with, and directly speak to public officials and representatives,” the company wrote in the blog post announcing these changes. “This direct line of communication with leaders and officials has helped to democratize […]
Money makes the world go round, as the saying goes. But how and where we spend it are still very much up for grabs. One person who has been pondering that question and providing answers very successfully is Max Levchin, and we’re very excited to have him as our special guest today on Extra Crunch […]
At its first virtual World Wide Developers Conference back in June, Apple unveiled a huge piece of news about the future of the Mac. After years of rumors, the company finally confirmed plans to wean itself off of Intel processors in favor of its own in-house ARM-based chips. Apple noted that the process would be […]
In 2010, the late Barnaby Jack, a world-renowned security researcher, hacked an ATM live onstage at the Black Hat conference by tricking the cash dispenser into spitting out a stream of dollar bills. The technique was appropriately named “jackpotting.” A decade on from Jack’s blockbuster demo, security researchers are presenting two new vulnerabilities in Nautilus […]
Robinhood’s huge, two-part Series F round came partially in Q2 and partially in Q3. The app-based trading platform announced the first $280 million in early May, valuing the company at around $8.3 billion, up from a prior price tag of around $7.6 billion. Then in July, Robinhood tacked on $320 million more at the same […]