Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]
SpaceX is getting ready to launch its first-ever spacecraft with humans on board, the Commercial Crew Demo-2 mission (DM-2) that will take off from Florida on May 27. There are still a couple of things remaining to finish up prior to flight, including a final parachute system test that’s happening later today. The company also […]
Ali Amin-Javaheri grew up in the chemicals business. His father had worked for Iran’s state-owned chemical company and when the family fled the country in the nineteen eighties during the Iran-Iraq war, they first settled in Houston where employers welcomed the senior Amin-Jahaveri’s experience. Houston in the 80s was dominated by the petrochemicals industry and […]
Mark Cuban isn’t impressed that you’ve raised money. “If you think the accomplishment is raising money first, we’re probably not gonna get along,” said Cuban in an Extra Crunch Live interview. “If your orientation is ‘I got to raise the money first,’ you don’t really have a company yet, and you really haven’t accomplished anything […]
Grenco Science just added a new product to its wide-ranging offering of vaporizers and ancillary products. Stündenglass was founded by Tracey Huston and produced a wild-looking water pipe that uses kinetic motion, water, and opposing airflow to create a unique, contactless experience. The exact terms of the deal were not disclosed though the purchase price […]
Online child exploitation is a horrific crime that requires an effective response, but this bill fails to meet the challenge and creates new problems of its own.
It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases across the cloud infrastructure market bore […]
Nvidia Chief Scientist Bill Dally has released an open-source ventilator hardware design he developed in order to address the shortage resulting from the global coronavirus pandemic. The mechanical ventilator design developed by Dally can be assembled quickly, using off-the-shelf parts with a total cost of around $400 — making it an accessible and affordable alternative […]
Let's about a16z's new crypto fund, recent economic data, the Ebang F-1, Lime's layoffs, Procore's IPO delay and fresh valuation, stocks, Luckin, and, if we have time, Twitter's changing jobs data.
Sound industry leader Rode has done an amazing job keeping up with the needs of the fast-moving creator industry, supporting YouTubers, podcasters and Instagram and Tik Tok media mavens with a host of new products at impressive price points. The Rode Wireless GO mic system might be the most impressive of these, taking the quality […]
More rough figures from Canalys. After reporting a 13% year-over-year drop for global smartphone shipments, the firm is back with even worse numbers for China. Shipments dropped 18% year-over-year for Q1 in the world’s largest smartphone market. And once again, the COVID-19 pandemic was to blame. It tracks that China was hard hit for Q1, […]
During this pandemic, many organizations are offering free or drastically cheaper courses to help people skill-up for when we eventually get out of lock-down. There are numerous outlets if you want to learn to code from, for instance, Freecodecamp or the Free Fridays scheme from General Assembly. And for gamers, Gamedev.tv has taken 80% off […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. What a week. Are you still standing? Did you make it? If you are upright and typing, congratulations, you’re top-decile. If you’re reading this from bed, that’s fine too. We understand. The week was so busy that we […]
Cliqz, a Munch-based anti-tracking browser with private search baked in that has sought to offer a local alternative to Google powered by its own search index, is shutting down — claiming this arm of its business has been blindsided by the coronavirus crisis. Today was not great. We closed parts of @cliqz & our dream […]
Bó, the digital bank developed by RBS-owned Natwest, is to shutter, just 6 months after launching publicly. The incumbent bank’s consumer challenger brand was an attempt to build a startup within a larger bank and in the longer term compete with trendy upstart banking apps, such as Monzo, Revolut, Starling and others. The initial “attack […]
Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and Indonesia’s VideoMax. Hooq Digital, a joint venture among Singapore telecom group Singtel (majority owner), Sony Pictures, and Warner Bros Entertainment, discontinued […]
More personnel changes are afoot at Monzo, as the U.K. challenger bank continues to bolster its leadership team. Specifically, TechCrunch has learned that Sujata Bhatia, a former American Express executive in Europe, has been recruited as Monzo’s new Chief Operating Officer, replacing previous COO Tom Foster-Carter (who left the bank rather suddenly in November to […]
Vaping is a controversial habit: it certainly has its downsides, but anecdotally it’s a fantastic smoking cessation aid. The thing is, until behavioral scientists know a bit more about who does it, when, how much and other details, its use will continue to be something of a mystery. That’s where the PuffPacket comes in. Designed […]
We knew it was going to be bad — but not necessarily “lowest level since 2013” bad. As Apple was busy reporting its earnings, Canalys just dropped some of its own figures — and they’re not pretty. After two quarters of much-needed growing, the global smartphone market just took a big hit. And you no […]
Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time slot. Walmart now hopes to capitalize on the increased demand for speedier delivery with the introduction of a new service that allows consumers to pay […]
