Month: December 2017

It’s been pretty easy to point at Twitter and, with each quarterly moment when it discloses its financial guts, let out a long exasperated sigh. Twitter since going public at a now in retrospect astounding valuation has for much of its public life been quite the disappointment to Wall Street. But then something interesting happened
0 Comments
  All the attention in financial services this year has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding more than 300,000 users in one week alone, it’s easy to see why. While cryptocurrencies stole the spotlight, a clutch of companies were quietly working behind the scenes
0 Comments
The founders of PayPal and its employees have produced many highly successful companies over the years. In fact, PayPal’s founding team often is referred to as the “PayPal Mafia” because they’ve had such an impact on the startup ecosystem. Peter Thiel, Elon Musk, Reid Hoffman and many other former PayPal employees have shaped some of
0 Comments
Stories about Facebook’s advertising business tend to focus on the big numbers — its billions of users, millions of advertisers or its enormous lead over any competitor that’s not named Google. But Facebook says that one of its success stories in recent years involves a relatively small group of engineers — in fact, originally it
0 Comments
iFixit has never been particularly fond of Apple’s repair policies. The company’s gadgets regularly rack up poor repairability scores on the site. The site’s taking another jab at the tech giant today, dropping the price of its battery replacement kits to $29 — matching the cost of out-of-warranty battery replacements being offered up as consolation
0 Comments
Pinterest announced today it’s adding former CBS and PepsiCo exec Fred Reynolds to its board of directors. Reynolds’ background includes global financial and strategic planning as well as business analysis, the company notes. He will also serve as Pinterest’s Audit Committee Chair. Prior to joining Pinterest’s board, Reynolds spent 15 years at CBS and its predecessor
0 Comments
Consumers spent $196 million on apps, in-app purchases and subscriptions on Christmas Day 2017 across the App Store and Google Play, according to new data from Sensor Tower. The report, while excluding Android revenue in China, represents a 12.3 percent increase over last year’s spending of approximately $174 million. That speaks to a still-growing market
0 Comments
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the crew — Katie Roof, Matthew Lynley, Alex Wilhelm — were joined by Barrett Daniels, the CEO of Nextstep Advisory, an IPO shop that helps companies go public. Guess what we talked about? Yes, we went back through the biggest
0 Comments
Today was a momentous day in Uber history. After much debate, rumors and strife over the past few weeks, it looks like the company and its shareholders have come to an agreement over a tender offer that will see SoftBank own nearly 15 percent of the company, while also injecting around $1 billion in fresh
0 Comments
AWS had a successful year by any measure. The company continued to behave like a startup with the kind of energy and momentum to invest in new areas not usually seen in an incumbent with a significant marketshare lead. How good a year was it? According to numbers from Synergy Research, the company remains the
0 Comments