Stop me if you’ve heard this one before: Apple device sales have taken a hit, but the company’s services are doing swell. The iPhone, the longtime cornerstone of the company’s hardware portfolio, hit $28.96 billion in revenue for Q2, down from $31.1 billion from this time last year. The iPad and Mac lines saw drops […]
The coronavirus pandemic has laid low a lot of Americans, more than 62,000 of whom have already died since the beginning of March and 30 million more who are now out of work owing to the resultant shutdown of most businesses and public gathering places. The ensuant crisis it has created is so massive that […]
The U.S. Food and Drug Administration (FDA) has authorized for emergency use as outlined in the agency’s COVID-19 guidelines a new ventilator designed by engineers working at NASA’s Jet Propulsion Laboratory . The ventilator, which has an acronym because this is NASA we’re talking about, is called “VITAL” (Ventilator Intervention Technology Accessible Locally), and its […]
Apple delivered a rough Q2 earnings report Thursday, besting investor expectations but showing a significant growth slowdown as the coronavirus pandemic deeply impacted the company’s business with year-over-year declines in iPhone, iPad and Mac sales. Apple’s stock was largely unchanged in after-hours trading. The company shared that in Q2 it earned $58.30 billion in revenue, […]
AWS, the cloud arm of Amazon, would be a pretty successful business on its own. Today, the company announced it has passed $10 billion for the quarter, putting the cloud business on an impressive run rate of more than $40 billion. It was a bright spot for the company in an earnings report that saw […]
AI-generated music is a fascinating new field, and deep-pocketed research outfit OpenAI has hit new heights in it, creating recreations of songs in the style of Elvis, 2Pac, and others. The results are convincing, but fall squarely in the unnerving "uncanny valley" of audio, sounding rather like good, but drunk, karaoke heard through a haze of drugs.
Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from books to baking pans for all your sourdough; and via its streaming services, it gives you many ways to stay entertained. But it can also […]
When former Red Hat CEO Jim Whitehurst moved on to become president at parent company IBM earlier this month, the logical person to take his place was long-time executive Paul Cormier. As he takes over in the most turbulent of times, he still sees a company that is in the right place to help customers […]
By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]
Following an explosive report about the dark past of its founder and CEO Damien Patton, Utah-based company Banjo is facing a backlash in its own backyard. After revelations of Patton’s former ties to a branch of the KKK came to light, Utah’s attorney general and the University of Utah froze their relationships with the company. […]
Directly taking on Google and Amazon generally seems to be an ill-advised strategy for a young startup. It’s even more complicated when you’re competing on the home assistants front, a technically complex, capital-intensive future platform into which both tech giants have dumped substantial sums. Over the past few years, the small smart home startup Josh.ai […]
Two years ago, the venture firm Andreessen Horowitz (a16z) took the wraps off a dedicated crypto fund from a subset of its limited partners who provided the firm with $300 million in capital commitments. Now, the firm says it has closed a second fund in the same vein, this time with $515 million in capital […]
The coronavirus outbreak has driven more consumers to turn to their smart speakers for news, information, music and entertainment, according to new data released today by NPR and Edison Research. Around three-quarters of U.S. adults 18 and up said their routines have been impacted due to COVID-19 and their media habits have changed as a […]
The Cloud Foundry Foundation (CFF) just went through a major leadership change, with executive director Abby Kearns stepping down after five years (and becoming a CTO at Puppet) and the CFF’s CTO Chip Childers stepping into the top leadership role in the organization. For the most part, though, these changes are only accelerating some of […]
Blue Origin was among the companies selected by NASA to develop and build a human lander system for its Artemis missions, which include delivering the next man and first woman to the surface of the Moon in 2024. The Jeff Bezos -founded space company chose to deliver a bid that included a space industry “dream […]
A LabCorp shareholder has filed a lawsuit against the laboratory giant, accusing its board of concealing details of two data breaches that affected millions of patients. The derivative suit, filed on Tuesday by shareholder Raymond Eugenio, targets the company’s leadership and board members, including its chief executive, Adam Schechter. The first breach hit third-party billing provider […]
Achieving a sense of community has been the pursuit of businesses trying to attract the experience-over-items millennials and Gen Z who want their consumerism to have a positive impact on the world.
When California announced a statewide lockdown, Tony Martens and Maurits van de Ven decided to stay put instead of heading home to Amsterdam. So, the co-founders of Plantible bought two trailers and started living at their HQ: a two-acre duckweed farm in San Diego. Plantible uses duckweed, a tiny aquatic leaf, to extract a plant-based […]
Lyft, which just had a massive round of layoffs wherein 982 people lost their jobs and 288 were furloughed, is also pumping the brakes on its scooter operations in a handful of cities. “We’re focusing our resources where we can have the biggest impact and best serve cities and riders,” a Lyft spokesperson said in […]
