As eBay continues to work through a restructuring strategy, the e-commerce marketplace and online auction pioneer reported earnings for the first quarter of the year that should keep some of the more activist shareholders a little at bay. The company reported revenues of $2.6 billion and non-GAAP net income of $608 million, or diluted earnings…
We’re incredibly proud of the programming we put together for this year’s TC Sessions: Robotics + AI. It’s my personal favorite TechCrunch event and I think this year’s way easily our best. We had top names in the industry like Marc Raibert, Claire Delaunay, Colin Angle, Anthony Levondowski and Melonee Wise join us onstage. But…
Better late than never, Tumblr has rolled out HTTPS across its entire site. In a brief post on Tumblr’s engineering page, the company said all Tumblr sites will now have the web encryption setting enabled by default, though it admitted the move was “long-overdue.” Tumblr, which like TechCrunch is owned by Verizon, has 464 million…
It’s been an exciting couple of months for startup employees and public market shareholders alike, as a growing number of brands that have talked about going public for some time are finally marching out the door and, on the whole, receiving enthusiastic receptions. Lyft, Zoom, PagerDuty, and Pinterest all priced above their marketed ranges in…
Tesla has announced that it has extended the range of its Model S vehicle to 370 miles and Model X to 325 miles on a single charge — extending the range of its flagship car to make the trip from Los Angeles to San Francisco on a single charge. The extensions beat Tesla’s previous records…
Postmates is continuing to expand its on-demand delivery service at a rapid rate, with the company announcing this week a move into 1,000 more cities across the U.S. That means it now has a presence in more than 3,500 cities throughout the country, a significant increase from the 350 or so cities that it served…
Sarah McMillian Contributor Sarah McMillian leads sales at Temboo. She has been recognized as a leader in diversity and inclusion by MIT, her alma mater, Complex and The Root, and advises tech companies on how to become more diverse and inclusive. In the early 2000s, Hasbro revived its “My Little Pony” toy franchise. Of all…
SalesWhale, a Singapore-based startup that uses AI to help marketers and salespeople generate leads, has announced a Series A round worth $5.3 million. The investment is led by Monk’s Hill Ventures — the Southeast Asia-focused firm that led SalesWhale’s seed round in 2017 — with participation from existing backers GREE Ventures, Wavemaker Partners and Y…
Aebi Schmidt, a European manufacturing giant with operations in the U.S., has been hit by a ransomware attack, TechCrunch has learned. The Switzerland-based maker of airport maintenance and road cleaning vehicles had operations disrupted Tuesday following the malware infection, according to a source with knowledge of the incident. Systems went down across the company’s international…
Postmates is expanding like crazy ahead of an initial public offering expected later this year. The food delivery business has launched in 1,000 new cities since December, the company announced today. San Francisco-based Postmates now operates its on-demand delivery platform, powered by a network of local gig economy workers, in 3,500 cities across all 50…
