Blog - Page 7 of 18 -
April 7, 2019
[TECH NEWS] Dissecting what Lyft’s IPO means for Uber and the future of mobility

[TECH NEWS] Dissecting what Lyft’s IPO means for Uber and the future of mobility

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kirsten Korosec and Kate Clark led a deep-dive discussion into Lyft’s IPO and the outlook for the business going forward. After skyrocketing nearly 10% on its first day hitting the…
April 7, 2019
[TECH NEWS] Startups Weekly: US companies raised $30B in Q1 2019

[TECH NEWS] Startups Weekly: US companies raised $30B in Q1 2019

Let’s start this week’s newsletter with some data. Nationally, startups pulled in $30.8 billion in the first quarter of 2019, up 22 percent year-on-year, according to Crunchbase’s latest deal round-up. A closer look at the numbers shows a big drop in angel funding and a slight decrease in mega-rounds, or financings larger than $100 million.…
April 6, 2019
[TECH NEWS] VSCO sues PicsArt over photo filters that were allegedly reverse-engineered

[TECH NEWS] VSCO sues PicsArt over photo filters that were allegedly reverse-engineered

Photo-editing app-maker VSCO has filed a lawsuit against competitor PicsArt. The suit focuses on 19 PicsArt filters that were supposedly “reverse engineered from VSCO’s filters,” with VSCO alleging it has become a legal issue involving false advertising and violations of the app’s terms of service. “VSCO has invested significant time and resources in developing its presets…
April 6, 2019
[TECH NEWS] Morgan Stanley — which is underwriting Uber’s IPO — is denying reports that it marketed a short-selling product to Lyft investors

[TECH NEWS] Morgan Stanley — which is underwriting Uber’s IPO — is denying reports that it marketed a short-selling product to Lyft investors

It’s getting bare-knuckled out there again in the ride-hailing wars. According to a report earlier today from The Information, newly public Lyft threatened Morgan Stanley with legal action earlier this week, demanding in a letter that the powerful investment bank stop marketing a short-selling product that it believed was disrupting trading in its stock. It…
April 6, 2019
[TECH NEWS] CMU’s robotic arm attaches to a backpack to lend a helping hand

[TECH NEWS] CMU’s robotic arm attaches to a backpack to lend a helping hand

Carnegie Mellon’s Biorobotics Lab is probably best known as the birthplace of the modular snake robot. Initially designed to squeeze into tight spots for search and rescue missions and infrastructure inspections, the lab’s snake robot has given rise to an army of different projects, and at least one Pittsburgh-area startup. Several years ago, the robot…
April 6, 2019
[TECH NEWS] On balance, the cloud has been a huge boon to startups

[TECH NEWS] On balance, the cloud has been a huge boon to startups

Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud…
April 6, 2019
[TECH NEWS] Apple Music cuts prices in India

[TECH NEWS] Apple Music cuts prices in India

This morning, The WSJ reported Apple’s streaming music service overtook Spotify in paid subscribers in the U.S., and now it hopes to do the same in the Indian market by way of a big price cut. The company’s individual plan in India is now 99 rupees per month ($1.43 USD), versus the 120 rupees per…
April 6, 2019
[TECH NEWS] Falcon Heavy’s first real launch on Sunday is the dawn of a new heavy-lift era in space

[TECH NEWS] Falcon Heavy’s first real launch on Sunday is the dawn of a new heavy-lift era in space

The Falcon Heavy has flown before, but now it’s got a payload that matters and competitors nipping at its heels. It’s the first of a new generation of launch vehicles that can take huge payloads to space cheaply and frequently, opening up a new frontier in the space race. Watch it lift off Sunday afternoon…
April 6, 2019
[TECH NEWS] Snap is channeling Asia’s messaging giants with its move into gaming

[TECH NEWS] Snap is channeling Asia’s messaging giants with its move into gaming

Snap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service that has been ruthlessly cloned by Facebook across Instagram, WhatsApp and even its primary social network.…
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