Author: Jill T Frey

April 23, 2019 Off

Twitter Q1 flies past estimates with sales of $787M and EPS of $0.25, but MAUs drop to 330M

By Jill T Frey

Social networking and media platform Twitter today reported its results for the first quarter of the year, and it’s a strong one. The company said that revenues came in at $787 million, up 18 percent on a year ago; with net income of $191 million and earnings per share of $0.25. However, monthly active users continue to paint a challenging picture (no surprise that MAUs are a dying metric for the company). Twitter says MAUs were 330 million in Q1, a drop of 6 million users compared to a year ago, although up 9 million on last quarter.

Monetizable daily active users — Twitter’s new and preferred metric for user numbers — were 134 million in the quarter, up 11 percent on a year ago. (Note: the earlier 28 million figure we used here was US-only.)

Still, on the financial side, this is a strong set of results for the … Read the rest

April 23, 2019 Off

New hack challenge from Eramet for the TC Hackathon at VivaTech

By Jill T Frey

There’s no question that springtime in Paris is the stuff of legend. TechCrunch is returning to the City of Lights to continue building another legendary experience. The TechCrunch Hackathon at VivaTech 2019 takes place at the Expo Porte de Versailles on 17-18 May. If you’re a developer, a UX/UI designer or an all-around tech creator, don’t miss this chance to collaborate, compete and create something great.

Thanks to stellar sponsored hack contests, you can win serious cash and other awesome prizes in the process. There’s no fee to enter, but get your free hackathon ticket now, because they won’t last long.

Thousands of startup founders, business leaders, investors, academics, students and media across Europe and beyond will descend on VivaTech, which makes it the perfect place to host a hackathon of epic proportion.

Here’s how it all works:

Form or join a team and take on a specific hack … Read the rest

April 22, 2019 Off

Tesla vaunts creation of ‘the best chip in the world’ for self-driving

By Jill T Frey

At its “Autonomy Day” today, Tesla detailed the new custom chip that will be running the self-driving software in its vehicles. Elon Musk rather peremptorily called it “the best chip in the world…objectively.” That might be a stretch, but it certainly should get the job done.

Called for now the “full self-driving computer,” or FSD Computer, it is a high-performance, special-purpose chip built (by Samsung, in Texas) solely with autonomy and safety in mind. Whether and how it actually outperforms its competitors is not a simple question and we will have to wait for more data and closer analysis to say more.

Former Apple chip engineer Pete Bannon went over the FSDC’s specs, and while the numbers may be important to software engineers working with the platform, what’s more important at a higher level is meeting various requirements specific to self-driving tasks.

Perhaps the most obvious feature catering to AVs … Read the rest

April 22, 2019 Off

Tesla’s full self-driving computer is now in all new cars and a next-gen chip is already ‘halfway done’

By Jill T Frey

The Tesla computer, a new custom chip designed to enable full self-driving capabilities, is now in all new Model 3, X and S vehicles, CEO Elon Musk said during the company’s Autonomy Day.

Tesla switched over from Nvidia’s Drive platform to its own custom chip for the Model S and X about a month ago and for the Model 3 about 10 days ago, Musk said.

“All cars being produced all have the hardware necessary — computer and otherwise — for full self-driving,” Musk said. “All you need to do is improve the software.”

Work is also already underway on a next-generation chip, Musk added. The design of this current chip was completed “maybe one and half, two years ago.” Tesla is now about halfway through the design of the next-generation chip.

Musk wanted to focus the talk on the current chip, but he later added that the next-generation one … Read the rest

April 22, 2019 Off

The new new web

By Jill T Frey

Over the last five years, almost everything about web development has changed. Oh, the old tech still works, your WordPress and Ruby On Rails sites still function just fine — but they’re increasingly being supplanted by radical new approaches. The contents of your browser are being sliced, diced, rendered, and processed in wholly new ways nowadays, and the state of art is currently in serious flux. What follows is a brief tour of what I like to call the New New Web:

Table of Contents

  1. Single-Page Apps
  2. Headless CMSes
  3. Static Site Generators
  4. The JAMStack
  5. Hosting and Serverlessness
  6. Summary

1. Single-Page Apps

These have become so much the norm — our web projects at HappyFunCorp are almost always single-page apps nowadays — that it’s easy to forget how new and radical they were when they first emerged, in the days of jQuery running in pages dynamically built from templates on the … Read the rest

April 22, 2019 Off

Security lapse at contract startup Evisort exposed sensitive data

By Jill T Frey

Evisort, a document and contract management company, left one of its document databases unsecured, exposing customer data.

The startup, founded by former Harvard and MIT students in 2016, bills itself as an artificial intelligence contract management company, which it says helps to better organize its customers’ legal documents and contracts. Among its claims, the company can evaluate and pull out the most relevant information in a 30-page contract in a matter of seconds. And so far, the investors like the pitch, securing $4.5 million in seed funding led by Village Global and Amity Ventures, with participations from Accenture and SAP.

According to an anonymous tip sent in to TechCrunch, the company left an Elasticsearch database open without a password, allowing anyone to search the files inside. When reached, Evisort’s chief executive Jerry Ting said the database was “for testing and development purposes only” and an audit was under way.

While … Read the rest

April 22, 2019 Off

Talk media and TED2019 key takeaways with TechCrunch’s Anthony Ha

By Jill T Frey

Anthony just returned from Vancouver, where he was covering the TED2019 conference — a much-parodied gathering where VCs, executives and other bigwigs gather to exchange ideas.

This year, Twitter CEO Jack Dorsey got the biggest headlines, but the questions raised in his onstage interview kept popping up throughout the week: How has social media warped our democracy? How can the big online platforms fight back against abuse and misinformation? And what is the Internet good for, anyway? Wednesday at 11:00 am PT, Anthony will recap the five-day event’s most interesting talks and provocative ideas with Extra Crunch members on a conference call.

Tune in to dig into what happened onstage and off and ask Anthony any and all things media.

To listen to this and all future conference calls, become a member of Extra Crunch. Learn more and try it for free.

Source link Read the rest

April 22, 2019 Off

Why it’s so hard to know who owns Huawei

By Jill T Frey

It’s one of the greatest technology “startup” success stories of the personal computer and smartphone eras. Yet, despite selling 59 million smartphones and netting $27 billion in revenue last quarter in its first-ever public earnings report this morning, a strange and tantalizing question shrouds the world’s number two handset manufacturer behind Samsung.

Who owns Huawei?

To hear the company tell it, it’s 100% employee-owned. In a statement circulated last week, it said that “Huawei is a private company wholly owned by its employees. No government agency or outside organization holds shares in Huawei or has any control over Huawei.”

That’s a simple statement, but oh is it so much more complicated.

As with all things related to Huawei, which outside of its 5G archrival Qualcomm is probably the tech company most entrenched in geopolitics today, the story is never as simple as it appears at first glance.

Source link Read the rest

April 22, 2019 Off

Blueland launches with a suite of eco-friendly cleaning supplies designed to reduce plastic waste

By Jill T Frey

Sarah Paiji had the idea to launch the eco-friendly refillable cleaning supply retailer Blueland after hearing about the abundance of microplastics in the water she was using to dilute her child’s baby formula.

Paiji wanted to cut back on her plastic consumption, and reduce her contribution to the overabundance of plastic waste in the environment, but felt that as a consumer she didn’t have a choice. So the former venture capital investor from the consumer startup brand studio Launch set out to create one.

The answer she came up with is Blueland, a new line of cleaning products that launches today. Blueland’s cleaners — a bathroom cleaner, glass cleaner, and multi-purpose cleaner —  are sold as tablets that customers add to the cleaning containers the company provides.

“These cleaners are mostly water,” says Paiji. “I’m paying for a plastic bottle that I don’t really need and water which I have … Read the rest

April 22, 2019 Off

Daily Crunch: Samsung delays the Galaxy Fold

By Jill T Frey

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.

1. Samsung reportedly pushes back Galaxy Fold release

Four days out from the Galaxy Fold’s official release date, Samsung is pushing things back a bit, according to a report from The Wall Street Journal. There’s no firm time frame for the launch, though the phone is still expected “in the coming weeks.”

TechCrunch’s reviewer Brian Heater says he hasn’t experienced any issues with his device, but a number of others reported malfunctioning displays.

2. Tencent’s latest investment is an app that teaches grannies in China to dance

Called Tangdou, or “sugar beans” in Chinese, the app announced that it has raised a Series C funding round led by Tencent.

3. SiriusXM’s new streaming-only ‘Essential’ plan targets Read the rest