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Fitbit lowers guidance after Versa Lite disappoints

By |July 31st, 2019|

Fitbit continued solid device growth for Q2, up 31%, year over year, representing a 5% bump in revenue. From that angle, the company’s long-term turnaround appears to be on track — but things weren’t all cheery this time out. Notably, the company’s stock is down in after-hours trading after it lowered guidance for annual revenue. --> READ MORE

Cryptographic ICE Cube tests orbital cybersecurity protocols aboard the ISS

By |July 31st, 2019|

Encryption in space can be tricky. Even if you do everything right, a cosmic ray might come along and flip a bit, sabotaging the whole secure protocol. So if you can’t radiation-harden the computer, what can you do? European Space Agency researchers are testing solutions right now in an experiment running on board the ISS. --> READ MORE

Amazon acquires flash-based cloud storage startup E8 Storage

By |July 31st, 2019|

Amazon has acquired Israeli storage tech startup E8 Storage, as first reported by Reuters, CNBC and Globes and confirmed by TechCrunch. The acquisition will bring the team and technology from E8 in to Amazon’s existing Amazon Web Services center in Tel Aviv, per reports. E8 Storage’s particular focus was on building storage hardware that employs --> READ MORE

Lyft pulls e-bikes in light of apparent battery fires

By |July 31st, 2019|

Lyft is pulling its e-bikes from the streets of San Francisco, as well as from those in the South Bay Area in light of two recently catching on fire. The first reported fire took place over the weekend, with the second happening today, according to the San Francisco Examiner. Don’t think I’ll be going on --> READ MORE

You won’t see that $125 from Equifax, so don’t bother claiming it, says FTC

By |July 31st, 2019|

Millions of people have been signing up to receive what they think is a $125 cash reimbursement from Equifax for its criminal mishandling and exposure of their personal and financial data. But the FTC warns that you may see only a small fraction of that, if any, because of the way the $575 million settlement --> READ MORE

India has labeled hyperloop a public infrastructure project — here’s why that matters

By |July 31st, 2019|

Hyperloop, the futuristic and still theoretical transportation system that could someday propel people and packages at speeds of more than 600 miles per hour, has been designated a “public infrastructure project” by India lawmakers in the state of Maharashtra. Wrapped in that government jargon is a valuable and notable outcome. The upshot: hyperloop is being --> READ MORE

Save with group discounts and bring your team to TechCrunch’s first-ever Enterprise event Sept. 5 in SF

By |July 31st, 2019|

Get ready to dive into the fiercely competitive waters of enterprise software. Join more than 1,000 attendees for TC Sessions Enterprise 2019 on September 5 to navigate this rapidly evolving category with the industry’s brightest minds, biggest names and exciting startups. Our $249 early-bird ticket price remains in play, which saves you $100. But one --> READ MORE

Dreading 10x engineers, virtual beings, the fate of Netflix, and Salesforce’s acquisition

By |July 31st, 2019|

The dreaded 10x, or, how to handle exceptional employees The reality (myth?) is that there are engineers who are ten times more productive than other engineers (some would argue 100x, but okay). Jon Evans, who is CTO at HappyFunCorp, dives into the strengths and weaknesses of these vaunted people and how to manage them and --> READ MORE

CRV hires Anna Khan as a general partner focused on enterprise

By |July 31st, 2019|

CRV, formerly known as Charles River Ventures, has hired Anna Khan as its 10th general partner. Khan joins from Bessemer Venture Partners where she’s served as a vice president since 2016. CRV invests across industries, with a portfolio that includes Bird and Airtable, among others. The venture capital firm is currently investing out of its --> READ MORE

Crowdfunded LightSail 2 spacecraft succeeds in flying on sunlight alone

By |July 31st, 2019|

Space exploration nonprofit The Planetary Society is celebrating a stack of wins today, after announcing that its LightSail 2 spacecraft, which was funded in part through a crowdfunding campaign, has managed to successfully fly on the power of sunlight alone. It raised its orbit after initially being put into position by a Falcon Heavy launch --> READ MORE