Jerusalem-based Lightricks knows what it takes to stand out amongst the thousands of photo apps. They’ve done it twice — with Enlight and also Facetune, which is currently the top photo app in the U.S. according to App Annie. We caught up with CEO Zeev Farbman for a video interview when we were in Israel. He showed us some tricks to using the Lightricks photo apps and explained why… Read More
The big takeaway from today’s Apple earnings call: The company is investing in the future. While it’s true that revenue took a dip from $49.61 billion this quarter last year down to $42.4 billion, Cupertino’s research and development spending continues to trend upward. Over the past nine months, the company spent $7.475 billion on R&D — that compares to $5.847… Read More
China impacted Apple’s bottom line quite a lot this quarter — and not in a good way. But the company still plans to invest in the country, Apple CEO Tim Cook said right after the company announced its earnings for Q3 2016. Read More
By now, it’s pretty clear that Russian hackers are responsible for breaches of the Democratic National Committee networks that occurred last summer and in April of this year — several forensic security firms have found evidence that traces the breach back to Russia. Now that DNC emails harvested during the breaches are starting to appear on Wikileaks, pundits are speculating… Read More
On September 8, NASA will launch the OSIRIS-REx spacecraft on a mission to an asteroid and return a sample of it back to Earth — NASA’s first mission of this type. In doing so, NASA hopes to learn more about the early formation of the solar system and, possibly, the origin of life. OSIRIS-REx, which stands for Origins Spectral Interpretation Resource Identification Security… Read More
In January Venmo announced that users will soon be able to use Venmo to pay inside other apps, similar to how most e-commerce apps already offer PayPal or Apple Pay as payment options. And now (well, technically tomorrow) the feature is leaving beta and will be available to all Venmo users. The feature will make it easy for anyone with Venmo to quickly pay in other apps. Users will first… Read More
Sometimes it’s hard to tell the difference between science and technology ó almost all the time when it has to do with the brain. But this research from MIT that allows for vastly improved scans of the networks inside the brain is too cool to pass up, whether it’s tech, science, or somewhere in between. Read More
Twitter has a new number that’s killing its share price, down 9.5% in after-hours following grim earnings. First there was the user growth problem that still plagues it. Twitter’s monthly user count grew less than 1% this quarter and just 3% this year to 313 million MAU. But now its ad revenue growth issue has festered. Now Twitter is facing a total revenue growth crisis. Today… Read More
Apple just reported earnings for Q3 2016, and the company soundly beat analyst’s expectations. However, there was one number that we’re not used to seeing. Apple’s cash on hand actually decreased for the first time in seven quarters. Cash on hand this quarter amounted to $231.5 billion, which is down $1.4 billion from the $233 billion on hand at the end of Q2. As a… Read More
Apple just reported its Q3 2016 earnings, and investors are sending its stock through the roof. While the company managed to beat analysts’ expectations, Apple is selling less iPhones, iPads and Macs than last year during the same period. The long period of endless growth on all product lines is definitely over. Read More
With an IPO on the horizon, subprime lender Elevate will have an additional $545 million credit faculty to support its growing customers. Elevate’s niche right now is providing loans to borrowers with creditscores between 575 and 625. As the company expands, it wants to provide loans to customers with even lower credit-scores. Ken Rees, CEO of Elevate, is quick to note that 65 percent… Read More
In 2016, Forbes reported there were 159 technology billionaires, and four of the 10 richest people in the world made their money in the tech sector. We believe there are opportunities for these technology developers to play a differential role in philanthropy — one that brings together their ability to invest wisely and their acumen for using technology to change the world. Read More
Thiel sees the American government locking down innovation and keeping it out of the hands of the American everyman. Instead of innovation for all, he described a dystopian world of governmental incompetence and stifled innovation. But Thiel is wrong. Our government is more innovative now than it has ever been, and inventiveness is on the rise. Peter Thiel grew up in a time when the… Read More
Tracking your period, peeing on a stick and carrying around a thermometer have been the dominant technologies over the past 20 years to help families conceive. If it sounds outdated, that’s because it is. TechCrunch Disrupt Startup Battlefield alum Ava is hoping to change that with a wearable that helps couples pinpoint when a woman is in her fertile window and the time is right to… Read More
Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year.
The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More
So, here’s something I wasn’t expecting: Those Carpool Karaoke segments on James Corden’s Late Late Show are being turned into a standalone show — a show that’s been picked up by Apple Music. According to a number of stories in the Hollywood press, Apple will be airing 16 episodes, one each week, and they’ll be available worldwide through its subscription… Read More
Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenue of $42.4 billion and earnings of $1.42 per share. Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose more than 6% in extended trading. (6% might not feel like a… Read More
Last week TechCrunch came to you with the dramatic departure of AR helmet maker Skully’s CEO and co-founder Marcus Weller and now several sources from inside the company tell us the startup is no more.
Operations have ceased within the company, and we’re told the website will be turned off at some point today. Weller has also been asked to sign a confidentiality deal with… Read More
The water is still toxic for many residents of Flint, MI yet one automotive supply company has plans to turn the crisis into an opportunity. An auto parts supplier today announced plans to relocate a facility from China to Flint, MI in part to turn discarded water bottles into plastic auto parts. The company plans on investing $9.68 million into the venture, which includes hiring 380… Read More
Funding may be becoming a bit harder to come by for some startups in the current climate, but generally as long as a company has the right idea someone will always be there with a checkbook in hand. A studio building a virtual reality baby brawler seems to have fit that bill. Kite & Lightning announced today that they have raised $2.5 million in seed funding to support development of a… Read More
