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Rakuten is shuttering the online shop formerly known as Buy.com

By |July 30th, 2020|

Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com, and will wind down its operations over the next two months, the company confirmed to TechCrunch. The shutdown means that the US headquarters will lay off its staff as well, meaning 87 people will lose their jobs, according --> READ MORE

What does accountability look like in 2020?

By |July 30th, 2020|

Rae Witte Contributor Share on Twitter Rae Witte is a New York-based freelance journalist covering music, style, sneakers, art and dating, and how they intersect with tech. You can find her writing on i-D, The Wall Street Journal, Esquire and Forbes, among others. More posts by this contributor Demand for fertility services persists despite COVID-19 --> READ MORE

Triller sues TikTok over patent infringement

By |July 30th, 2020|

Social video platform Triller has filed a patent infringement lawsuit against its biggest rival TikTok and parent company ByteDance. The suit, which was filed in the U.S District Court for the Western Division of Texas, claims TikTok is infringing on Triller’s U.S Patent No. 9,691,429. The patent covers “systems and methods for creating music videos --> READ MORE

Daily Crunch: Apple beats Q3 expectations

By |July 30th, 2020|

Apple has a strong quarter despite coronavirus, Impossible Foods is coming to Walmart and NASA launches a new Mars rover. Here’s your Daily Crunch for July 30, 2020. The big story: Apple beats Q3 expectations Apple’s latest earning report suggests that the company is thriving despite COVID-19, with revenue of $59.69 billion in the third --> READ MORE

Lyft expands its rental business with Sixt partnership

By |July 30th, 2020|

Lyft continues to expand beyond its core ride-hailing business into bikes, scooters, transit and now rental cars. The company said Thursday that it’s taking Lyft Rentals, a pilot program that launched in December, and expanding it through a partnership with Sixt. Lyft Rentals initially gave folks in Los Angeles and San Francisco the ability to --> READ MORE

Apple says next iPhones will launch later than usual

By |July 30th, 2020|

Users gearing up to buy the latest iPhones are going to have to wait longer than they did last year. In a call following the release of Apple’s Q3 earnings, the company’s CFO Luca Maestri shared that compared to the September 2019 release of iPhone 11 models, Apple is expecting this year’s supply of new --> READ MORE

Big tech crushes Q2 earnings expectations

By |July 30th, 2020|

Today after the bell, Apple, Alphabet, Facebook and Amazon reported their earnings results. Each bested expectations, and all but one are up sharply in after-hours trading. Coming on the heels of a day’s worth of congressional hearings in which the four companies highlighted competition and downplayed their market position, the results are loud. The group’s --> READ MORE

Apple smashes Q3 revenue expectations despite pandemic

By |July 30th, 2020|

COVID-19 isn’t keeping Apple down. The company smashed Wall Street expectations, delivering Q3 revenue of $59.69 billion, beating down the $52.25 billion analysts had expected. The company also announced earnings per share of $2.58 compared to Wall Street expectation of $2.04 EPS. Despite the coronavirus pandemic, Apple’s overall revenue was up nearly 11% year-over-year, reflecting --> READ MORE

Starship SN5 completes engine test – short, low-altitude flight test to follow ‘soon’ says Elon Musk

By |July 30th, 2020|

The sixth full-scale testing prototype of SpaceX’s Starship has successfully completed a key static fire test of its Raptor engines, according to SpaceX founder and CEO Elon Musk . The so-called “SN5” Starship prototype is now ready to move on to a 150m (nearly 500 feet) short-duration flight test, which would mark the furthest yet --> READ MORE

Atlassian acquires asset management company Mindville

By |July 30th, 2020|

Atlassian today announced that it has acquired Mindville, a Jira-centric enterprise asset management firm based in Sweden. Mindville’s more than 1,700 customers include the likes of NASA, Spotify and Samsung. Image Credits: Atlassian With this acquisition, Atlassian is getting into a new market, too, by adding asset management tools to its lineup of services. The --> READ MORE