Rabu, 02 Agustus 2017

Big highs for Apple and Hyperloop One. It's The Daily Crunch.

THE DAILY CRUNCH
WEDNESDAY, AUGUST 2 2017 By Darrell Etherington

Apple's strong quarter helps it near the $1 trillion mark, Hyperloop One impresses with its second full-scale test, and Uber is rethinking its approach to performance reviews. All that and more in The Daily Crunch for August 2, 2017.

1. Apple makes it rain in Q3 as iPad returns to growth

Apple had a huge third quarter, buoyed by strong sales across the board. The standout figure might be iPad sales, however, which jumped 15 percent in sales year-over-year after a number of quarters where sales were down year over year.

The projection for next quarter might be what has investors most excited, however – the iPhone maker provided strong guidance for the period which will likely include the debut of its much-anticipated iPhone 8, sending Wall Street into a tizzy.

2. Hyperloop One sets a new speed record

Hyperloop tech has seemed at times like a distant dream, but Hyperloop One's latest full-scale system test brings it down to Earth: The company managed to get its first full-size pod to a speed of nearly 200 mph, which is very fast considering it can only travel 500 meters on the current Nevada test track. Zoom!

3. A look at how Uber's changing its approach to performance reviews

Uber's still reeling from revelations resulting from former employee Susan Fowler's blog post earlier this year, and part of what it's doing to address its cultural issues is change the way it does performance reviews. Megan talked to SVP and Human Resources chief Liane Hornsey about the fallout, and the work that's being done as a result.

4. Snap potentially buying Chinese selfie drone maker

Apple sells the Zero Zero Robotics selfie drone in its retail stores, which is a vote of confidence for this company being targeted for acquisition by Snap, Inc. I still have to wonder whether this can actually do anything to help Snap in a material sense, given how little drone dabbling has done for companies like GoPro.

5. Skype adds PayPal money transfer to mobile app

Skype really wants to be a modern messaging platform, and you can tell because it's doing things like integrating stories and adding peer-to-peer mobile payments. I still think it remains more a necessity than a self-selected messaging platform for most users, but whatever floats your boat.

6. Instagram Stories is now a full year old

This is one of those things that make it seem like time is skipping away inescapably fast – Instagram debuted its Snapchat Stories clone a year ago. In that year, it's managed to speed past Snapchat in terms of engagement, which is not good news for the floundering social network with the ghost mascot.

7. Ikea becomes a solar power installation provider

Ikea is now supplying home solar panels and installation, as well as battery storage for generated power, in addition to assorted bric-a-brac and self-assemble furniture. Power to the people.

Get more stories at techcrunch.com 

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Selasa, 01 Agustus 2017

Spotify is on a subscriber tear to rival Apple. It's The Daily Crunch.

THE DAILY CRUNCH
TUESDAY, AUGUST 1 2017 By Darrell Etherington

Streaming isn't proving an easy win for Apple in music, Shopify is running away with the indie ecommerce market and the rich and famous continue to found tech ventures. All that and more in The Daily Crunch for August 1, 2017.

1. Spotify gets ready to go public

Spotify has managed to keep Apple Music in its rear view mirror, despite the immense power of the latter. That's a big point to its credit, and it's adding subscribers faster than its rival. Spotify has 60 million subscribers currently.

That's good news for its upcoming public listing, which will be the "direct" kind instead of an IPO. It's an interesting way for the company to go public, but its key performance indicators are doing well, at least.

2. Shopify crosses 500 million merchants

Shopify continues to be a recently public tech company that's doing very well, bucking the trend. The ecommerce platform operator now has over half a million stores on its product, and it beat analyst expectations in terms of revenue and gross profit. It's a tech bull if there ever was one.

3. Sofia Vergara has a new subscription underwear startup

Celebrities continue to also be founders: Latest is Modern Family's Sofia Vergara, who co-founded a subscription underwear startup with Renata Black. Celebs make perfect co-founders since they bring with them valuable capital – the ability to attract attention.

4. Didi invests in Uber rival for Europe and Africa

The battle of the ridesharing giants isn't between Lyft and Uber – it's between China's Didi and the U.S. leaders. And it's shaping up to be a global fight, which is why it makes sense for Didi to invest in Taxify, an Uber rival with pick-up in Europe and Africa.

5. RAND creates a Silicon Valley office

One of the monoliths of the American military industrial complex now has a Silicon Valley research office. It's overdue, if anything, and will help RAND continue the work it's been doing since long before many big tech companies joined the field.

6. DJI and 3DR play nice

Rival drone co's 3D Robotics and DJI are playing nice, since 3DR's consumer business doesn't really exist anymore and it's better off trying to focus on being a solutions provider, leaving hardware to others like DJI who are having a better time.

7. Lyft is going to Disney World

Lyft and new partner Disney are fielding a fleet of Minnie-themed vans that will ferry passengers around Disney's Florida resorts. Very smart for both, and potentially game changing for Lyft as it seeks new ways to drive business.

Get more stories at techcrunch.com 

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