Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the gang back together with our own Connie Loizos at the helm, Kate Clark in the studio as well, Alex on the phone and Ed Sim from Boldstart Ventures also on board. A good crew…
A line in a new court filing by the Department of Defense suggests that it might reopen the investigation into a possible conflict of interest in the JEDI contract RFP process involving a former AWS employee. The story has attracted a great deal of attention in major news publications, including The Washington Post and The Wall…
The North American market can be a tough one to crack for a number of reasons, not the least of which is consumers’ continued reliance on carriers. Without their distribution channels, most handset makers just can’t get a foothold here. In a meeting earlier this week, HMD told me that North America is going to…
Intel shares are down 6 percent after-hours after the company announced a rare revenue miss in its Q4 earnings report and lower-than-expected Q1 guidance. The company reported a Non-GAAP EPS of $1.28 on revenue of $18.66 billion (up 9 percent year-over-year). Wall Street was expecting an EPS of $1.22 on revenue of $19.01 billion. The…
The rendezvous between the New Horizons probe and the distant object known as Ultima Thule was an historic moment, but after the mind-blowing imagery the craft sent back from Pluto, you could be forgiven for being a little disappointed in how indistinct the early imagery was. Those concerns should be partly alleviated by the latest…
As sales stagnate, will foldable phones and 5G be enough to save the day? Brian Heater @bheater / 8 hours Smartphone numbers are down. In 2018, global shipments dropped 3 percent, and while the long-promised arrival of 5G will help numbers get back into the black, IDC predicts that even then growth will be in…
SoundCloud’s Eric Wahlforss is stepping away from the music and podcast streaming platform he co-founded after more than a decade at the company, most recently in the chief product officer role. Wahlforss announced the decision to step back from day-to-day ops — and “transition into an advisory role” — in a post on social media, writing: “After…
Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recently closed rounds, so Credit Culture, a digital loan specialist — has banked SG$40 million ($29.5 million) ahead of its imminent launch. Credit Culture has raised its capital from…
It’s a dark day to work in media. On the heels of news that TechCrunch parent company Verizon Media Group (formerly Oath) would lay off roughly 800 workers, BuzzFeed has announced its own substantial staffing cuts. And though they were anticipated, Gannett also made substantial cuts to newsrooms around the US on Wednesday. In a memo…
In 2019, we still don’t really know what to do about fake news. With nothing to disincentivize viral hyperpartisan headlines and other exercises in confirmation bias, online misinformation seems to run as rampant as ever. It’s a tricky problem, particularly because it’s one that requires the readers most drawn to too outrageous to be true…
