Uber’s exits from China, Russia and Southeast Asia were billed as failures from the company, but the ride-sharing giant has already made billions on paper from those moves, according to its IPO filing. Uber released its much-anticipated S1 on Thursday U.S. time and reporters and analysts are frantically digging into a treasure trove of previously-unreleased…
LumApps, the “social intranet” for the enterprise, has closed $24 million in Series B funding. The round is led by previous backer IdInvest, and will be used to scale LumApps’ global sales and marketing and accelerate product development. Founded in Paris in 2012 — and now also with offices in London, Tokyo, San Francisco and…
When you want gaming hardware, whether it’s a computer, a mouse, or a smartphone, it’s wise to look at those made by gaming companies. Razer and Asus, for example, make smartphones with all the features gamers want, from special screens to fast processors. Black Shark is a relative newcomer, having only started making phones in…
SpaceX’s Falcon Heavy launch vehicle successfully undertook its first commercial mission today, taking a communications satellite to orbit and proving the viability of its heavy-lift rocket platform. And as a piece de resistance, all three rocket cores autonomously landed themselves back on Earth and will soon be ready to fly again. The mission is still…
Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the futuristic tech even though it expects to rely on human drivers for years to come, according to the company’s IPO prospectus filed Thursday. R&D costs…
At today’s Disney Investor Day, Marvel Studios president Kevin Feige outlined the superheroic side of the upcoming streaming service Disney+. That includes a number of original shows: “Wanda Vision,” which will star Elizabeth Olsen as Scarlet Witch and Paul Bettany as The Vision; “Falcon and the Winter Soldier” starring Anthony Mackie and Sebastian Stan as…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s time for another Equity Shot, a quick-take episode centered around a breaking news event. This time, as you already guessed, Kate Clark and I sat down to dig into the Uber S-1. It’s a huge, complex…
Disney’s direct-to-consumer streaming strategy took center stage today at the company’s investor day. That strategy includes Hulu (where the recently-closed Fox acquisition has given Disney a contyrolling stake), ESPN+ and the Indian streaming service Hotstar, but executives spent most of their time hyping the upcoming launch of Disney+. The company said the service will launch…
Disney is bringing the full weight of its massive content library to its own streaming service in 2019. How will Disney Plus compare to Netflix, Hulu, and Amazon Prime? Here’s what we know so far. The post Disney Plus: Here’s what we know so far about the upcoming streaming service appeared first on Digital Trends.…
As Uber gears up for its highly anticipated public debut, the company is setting aside some dough for drivers that have logged some serious rides on the platform as a reward for sticking with the service. The company follows Lyft, which also rewarded drivers with one-time cash bonuses during its public offering. The company is…
