Apple’s latest quarter surpassed earnings expectations, sending the stock up about 3% in initial after-hours trading. Its fiscal first quarter of 2017 saw record earnings of $3.36 per share, well above the $3.21 forecast by Wall Street. Revenue also beat, coming in at $78.4 billion, versus the $77.3 analysts were predicting. Investors were pleased that the company sold 78.3 million… Read More
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Wall Street and Apple had expected to return to growth this quarter following the holiday season, though it was supposed to be largely incremental. And what it wasn’t exactly a blowout, Apple still pleasantly surprised Wall Street with better results than what was expected. Apple said it sold 78.3 million iPhones — which is its main growth engine — whereas Wall Street…
This was all inevitable, of course. Fitbit has made its plans for Coin clear since it bought the mobile payment company back in May of last year. At the time, the wearable maker announced that it was shutting down the Coin Developer Program, though cards would remain active until their batteries finally gave up the ghost. The company has since announced via its blog that product services will…
Zenefits today said it would be introducing new pricing tiers in an effort to simplify them, as well as add new tools for HR managers to ensure that employees are getting their documents in and they are compliant with regulations. The new tools — and pricing — are another way that Zenefits is trying to differentiate itself as an all-in-one platform for managing employee records…
Club Penguin may be shutting down, but there’s a new social network for kids arriving today from LEGO. The company known for its physical blocks and building sets is launching LEGO Life, a safe, online space where kids can share their LEGO creations, and connect with a broader community. Available as an iOS and Android application, the social network is aimed at those under the age of…
Club Penguin, the Disney-owned social network for kids, announced this morning it’s shutting down. In its place, the company will launch a new product for mobile, Club Penguin Island, which has been in development over the past several years. Club Penguin Island will launch in March, while the Club Penguin game on the desktop and mobile devices will shut down on March 29, 2017. The…
Some additional insight out of today’s Nintendo earnings. The gaming giant offered some key contextual information about Mario’s recent mobile debut. The title has racked up more than 78 million downloads globally, according to the company, pulling in a respectable $53 million or so since it hit iOS in December. The company puts Super Mario Run’s conversation rate at…
Radish is officially launching its mobile apps for reading bite-sized chunks of serialized fiction — and it’s announcing that it has raised $3 million in seed funding. This isn’t the first startup to experiment with new ways to deliver fiction via e-readers and mobile devices. In fact, I wrote about one of them in my very first piece for TechCrunch five years ago. But…
SoundHound has been around for 10 years and, before today, had raised around $40 million in financing as it’s worked to build a massive conversational AI platform. But today, the company is adding even more cash to that pile, nearly doubling the amount already raised with a $75 million round including strategic investors like NVIDIA and Samsung Catalyst Fund, among others. SoundHound…
It’s time to actually make the world a better place. Silicon Valley was birthed from an existential threat to the world. Nazi radar defense technology was decimating the Allied air forces. But American engineers heeded the call, and in a Harvard lab led by Stanford professor Frederick Terman, invented radar jammers that helped win the war. Terman brought the engineering talent back to…
Three months after acquiring iconic audio tech company THX, Razer is making another move to expand its business beyond hardware and software for the gaming community. The company has acquired Nextbit, the startup behind the Robin smartphone, founded by Android veterans who had set out with high hopes (and some decent funding) to rethink how to build a mobile phone that leant on cloud…
Good enough and convenient. That’s proved a winning strategy for Instagram’s clone, according to a dozen analytics providers, social media celebrities, and talent managers who told TechCrunch they’ve seen a decline in Snapchat Stories usage since Instagram Stories launched on August 2nd.
Google is making a number of ad partner announcements around its Accelerated Mobile Pages (AMP) format today. The idea behind AMP is to speed up the mobile web experience for users and it’s no secret that ads play a major role in making regular mobile (and desktop) pages load slowly. With AMP ads, Google and its partners aim to make ads load fast again. The new partners Google is…