Apple will host its next hardware event sometime on or around March 8th, according to . At the event, the company will reportedly announce the third-generation , a refresh of the and a new Mac computer that will feature an Apple Silicon chip. The date aligns with the March to April timeframe Bloomberg’s Mark Gurman…
It’s kind of a broken record at this point, but the cloud infrastructure market continues to grow at an astonishing rate. Over the last year, it added almost $50 billion in business, growing from $129 billion in 2020 to $178 billion last year, according to Synergy Research data. Canalys reports similar numbers. As for the…
BharatPe co-founder and managing director Ashneer Grover has asked the board for the removal of chief executive Suhail Sameer from the board in the latest of a series of remarkable turn of events at the Tiger Global-backed Indian fintech startup. Grover, who is subject to an ongoing investigation whose preliminary finding has suggested fraud, wrote…
Ford has made cost-cutting a key piece of its EV strategy as the company works to improve profit margins while meeting what CEO Jim Farley has called “incredible demand” of its new electric vehicle models. During the company’s fourth-quarter and full-year earnings call on Thursday, Farley said Ford has set up a task force dedicated to…
It’s profitable. Kinda Sound the horns, unveil the banners, cue the parade. Snap is profitable. And we don’t mean adjusted-EBITDA profitable, adjusted-operating-income profitable, or even the infamous non-GAAP-net-income profitable. It’s real-profit profitable. In the fourth quarter of 2021, Snap reported $1.3 billion in revenue (up 42% year over year), an operating loss of $25.1 million,…
Early data says nope The pandemic trade ended a little while ago. The COVID-induced boom that powered a host of tech companies is also fading quickly. The results are showing up in Big Tech earnings. For startups, it’s bad news — the good times of the last few years appear to be in rapid decline,…
There are many reasons to think the traditional venture industry may be at a tipping point after a very good run. The most obvious indication are the sizzling returns private investors have made in recent years, while public shareholders haven’t fared so well. Consider data published yesterday by the WSJ, showing that venture-backed darlings to…
Google’s public cloud has been chasing competing services from Amazon and Microsoft for so long, you might think it would be getting winded. But the critical Alphabet division keeps on keeping on, yesterday reporting revenues of more than $5.5 billion for the fourth quarter. That was the good news. The bad news was that Google…
Graham & Walker, an accelerator and venture fund focused on helping female and non-binary founders, has announced the latest batch of companies to enter its accelerator program. I hopped on a call with G&W founder Leslie Feinzaig to hear what’s new with the program and what these six new companies are up to. If you’re…
In early morning trading today, shares of PayPal are off around 25% following the company’s earnings report yesterday evening. Investors did not like what the company had on offer. TechCrunch focuses on private companies and private markets. But at times, public companies can help us better understand what is going on in larger markets where…
