TechCrunch Industry News

Today the tech-heavy Nasdaq Composite closed at an all-time record high of 8,814.23, up 0.91% on the day. The Nasdaq is up more than 32% on the year. Turning the clock back, the Nasdaq Composite is up around 60% from the end of 2016. Compared to the anti-records set in 2009 during the doldrums that followed the 2008 crisis, the Nasdaq is up a staggering 594%. The huge run in value of technology st...

The clock is ticking on Verizon’s plans to bring 5G to 30 cities. Short of an actual Christmas miracle, things are looking rough. On the upside, the carrier (and, disclosure, parent of TechCrunch) just brought the next-gen technology to a 19th city. And it’s a doozy. Verizon announced this morning that it’s flipped the switch on 5G in Los Angeles. Or parts of it, at least. You get the usual caveat...

Launch provider Rocket Lab has opened the doors on LC-2, its first launch facility in the U.S., adding capacity and versatility for providing trips to orbit. And LC-2 already has its first customer: the U.S. Air Force’s Space Test Program. The company had a little shindig today at the facility, located on Wallops Island in Virginia — home to NASA’s Wallops Flight Facility as well. Learn more about...

After last year’s stellar turn out of almost 1,000 Silicon Valley shakers and movers, TechCrunch is returning with the 3rd Annual Winter Party at Galvanize in San Francisco on February 7. The party will feature tasty beers, wine and canapés, party games and activities, plenty of photo ops (and our infamous karaoke), giveaways and some fun surprises. Learn more about your ad choices. Visit podcastc...

Klarna CEO says “maybe” of taking public Europe’s most valuable fintech next year (but he’s not ruling out another round, either) Yesterday, at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the cofounder and CEO of Klarna, a 15-year-old company that’s currently the most highly valued privately held fintech in Europe, following a $460 million investment that pegged the company’s wort...

After last year’s stellar turn out of almost 1,000 Silicon Valley shakers and movers at our inaugural Winter Party, TechCrunch is returning with the 3rd Annual Winter Party in San Francisco on February 7. The party will feature tasty cocktails and canapés, party games and activities, plenty of photo ops, giveaways and some fun surprises. Learn more about your ad choices. Visit podcastchoices.com/a...

BeBlocky is using gaming to educate a new generation of African programmers Nathan Damtew, the founder of new Ethiopian education technology and gaming company BeBlocky, has always been interested in games. An avid Call of Duty player, the young entrepreneur, who founded BeBlocky in his senior year of college, was always struck by the disconnection between how adept his generation was at playing g...

After more than a year of teasing, Apple finally unveiled the new Mac Pro at WWDC in June. The long wait was finally over — though Apple left out one key detail: when, precisely the high end desktop would arrive, beyond a purposefully vague fall timeframe Earlier this, however, the company began sending out pre-pre-order notifications to potential consumers (spotted by Marques Brownlee), noting th...

The first trailer for the NEW new Ghostbusters is here It’s been nearly a year since a teaser trailer revealed a world weary Ecto-1 beneath a tarp in some mysterious barn. Now, a few days after getting its official name, Ghostbusters: Afterlife has its first full trailer. The forthcoming film is helmed by Jason Reitman, son of original Ghostbusters director Ivan (who is on board as producer). Lear...

Gal Gadot and Chris Pine are back in the first trailer for ‘Wonder Woman 1984’ Despite the financial success of of the goofily likable “Aquaman,” Gal Gadot’s Wonder Woman is probably still the biggest draw in DC’s Extended Universe. She’s returning to big screens next year in “Wonder Woman 1984”, and Warner Bros released the first trailer over the weekend. Learn more about your ad choices. Visit p...

Uber’s just-released U.S. Safety Report sets forth in some detail the number of fatal accidents, and the good news is that the overall rate per mile is about half the national average. But the report makes some puzzling choices as far as what is included and excluded. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Homeland Security has confirmed it will not expand face recognition scans to U.S. citizens arriving and departing the country, days after it emerged the agency proposed making the scans for citizens mandatory. The department, whose responsibility is border protection and immigration checks, said in a government filingthat it it wanted to “amend the regulations to provide that all travelers, includ...

Qualcomm’s holding its big annual get-together this week in Hawaii, portioning off Snapdragon news, piece by piece. Yesterday’s event was the big unveiling of the Snapdragon 865 and 765, the chips that will power most of next year’s premium and mid-tier handsets, respectively. Today, the components came into sharper focus. Learn more about your ad choices. Visit podcastchoices.com/adchoices

YouTube is warning creators they may see their subscriber numbers decline this week as the result of a purge that will remove closed accounts from YouTube metrics. Closed accounts could refer to those that were willingly shut down by users or those that YouTube shut down for policy violations — like spam or abuse, for example. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AWS, the cloud division of Amazon, just announced the next generation of its ARM processors, the Graviton2. This is a custom chip design with a 7nm architecture. It is based on 64-bit ARM Neoverse cores. Compared to first-generation Graviton processors (A1), today’s new chips should deliver up to 7x the performance of A1 instances in some cases. Floating point performance is now twice as fast. The...

The 5G question has long been carts and horses. The next-generation wireless network has always been an inevitability, of course, but the rollout has always felt a bit piecemeal. T-Mobile, to its credit, is looking to flip the switch all at once (kind of), launching a “nationwide” deployment of 5G to a coverage area it says will reach 200 million of the U.S.’s 327 million residents. Learn more abo...

A few weeks ago, Ubiquiti unveiled the UniFi Dream Machine, an all-in-one networking device that combines a router, a switch with four Ethernet ports and a Wi-Fi access point for $299. It has what Ubiquiti calls an integrated cloud key that lets you control your network. I’ve been using the UniFi Dream Machine on my home network for the past couple of weeks, so consider this a review of the device...

Hey everyone. Thank you for welcoming me into you inboxes yet again. Hope you all had a wonderful Thanksgiving. After dodging your inboxes for a couple weeks as I ventured off to China for a TechCrunch event in Shenzhen, I am rested up and ready to go. If you’re reading this on the TechCrunch site, you can get this in your inbox here, and follow my tweets here. Learn more about your ad choices. Vi...

Google is giving away 3 months of Disney+ to new Chromebook owners Google is hoping to juice holiday sales of Chromebooks by tacking on a subscription to the hot new streaming service, Disney+. The company on Monday announced it would give Chromebook buyers three, free months of Disney+ with the purchase of new devices. Specifically, the deal is valid for Chromebooks bought between November 25, 20...

Simple Contacts has launched a new service letting users try out new contact lenses for as little as $3. The company launched a little over three years ago as a way for contact lens wearers to slash their refill costs, has now expanded into a service that offers users a chance to try out different lenses to see what might be a better fit. With a fresh $2 million Simple Contacts looks to cut refill...

Coup, an electric moped scooter-sharing service that operates in Berlin, Paris and Berlin, has announced in an email that it is going to shut down in all three cities. On Twitter, the company says that operating the service is “economically unsustainable” in the long term. “We plan to discontinue our service in Berlin and Tübingen in by the middle of December 2019. Learn more about your ad choices...

It was the challenge heard around the electric vehicle world. And now it seems, the Ford F-150 versus Tesla Cybertruck tow battle that we were all ready for, probably won’t happen. A quick recap: Tesla CEO Elon Musk poked the figurative Dearborn, Michigan bear in the middle of the company’s Cybertruck unveiling when he played a video of the futuristic electric truck pulling an F-150 in what was pi...

Editor’s note:Drew is a geek who first worked at AOL when he was 16 years old and went on to become a senior writer at TechCrunch. He is now the VP of Communications for venture equity fund Scaleworks. There are a few ways that people use Twitter, but for the most part the ones who have pushed the social platform into the national lexicon are regular users who like to communicate with each other u...

Elon Musk took a big swipe at Ford during the unveiling of the Cybertruck. Mid-presentation, he played a video of a Cybertruck pulling an F-150 in what was pitched as a head-to-head contest. Many have questioned if it was a fair fight (I don’t think it was)… including Sundeep Madra, VP of Ford X, the automaker’s venture incubator. Madra tweeted to Elon Musk today, calling for Tesla’s CEO to send F...

After pounding the side of his new Cybertruck with a sledgehammer with not a mark left behind, Elon Musk turned his focus to the “Tesla Armor Glass”. As we all saw, the glass did not fare so well. A toss of a steel ball into the window caused it to splinter, catching everyone on stage off guard. “Oh my [bleeping] God,” said Musk. Learn more about your ad choices. Visit podcastchoices.com/adchoices