TechCrunch Industry News

Every so often, a big corporation manages to play the news cycle just right. Generally such things aren’t recommended and can fairly easily backfire, but the MillerCoors-owned Blue Moon Brewery would have been silly not to have capitalized on yesterday’s big announcement from Jeff Bezos’s Blue Origin. Sodowe https://t. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ouch. Yikes. Oof. Sigh. Those are some of the friendlier phrases I imagine came out of the mouths of bankers, investors, executives and really anyone who has been paying close attention to Uber’s road to the stock markets today when the company debuted on the New York Stock Exchange below its initial public offering price. The ride-hailing business (NYSE: UBER), previously valued at $72 billion by...

Uber has set its initial public offering at $45 per share, per reports, raising $8.1 billion in the process. The price, which falls at the low end of Uber’s planned range, values Uber at $82.4 billion. Uber has yet to officially confirm its IPO price in an amended S-1 filing. The pricing comes one day after drivers all over the world went on strike, with drivers in San Francisco protesting right o...

Singapore has passed a controversial bill that could equip the government with extensive powers to police online media and free speech. The bill was first drafted last month and, as had been expected, it passed 72-9 in Singapore’s parliament, dominated by the ruling People’s Action Party (PAP) party, late on Wednesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The stock market has already seen some wild fluctuations this week in anticipation of the latest volley in a trade war ramping up between the U.S. and China. Now it seems the President is making good on his promise to further increase tariffs on goods from the country. Reuters is reporting that the U.S. is set to increase import tariffs on $200 billion worth of Chinese goods from 10 to 25 percent....

Google today announced that the Kotlin programming language is now its preferred language for Android app developers. “Android development will become increasingly Kotlin-first,” Google writes in today’s announcement. “Many new Jetpack APIs and features will be offered first in Kotlin. If you’re starting a new project, you should write it in Kotlin; code written in Kotlin often mean much less code...

Hello old friend. I knew you would be back. I didn’t know how or when, but I knew we would be reunited again. It turns out all it would take was a cratering smartphone market to bring you back around. Google, of course, famously stood its ground on the importance of the 3.5 mm for the first Pixel, only to drop it a generation later. Now that the company’s got a budget offering in the form of the P...

Did you just open Firefox only to find all of your extensions disabled and/or otherwise not working? You’re not alone, and it’s nothing you did. Reports are pouring in of a glitch that has spontaneously disabled effectively all Firefox extensions. Each extension is now being listed as a “legacy” extension, alongside a warning that it “could not be verified for use in Firefox and has been disabled”...

With Uber expected to make its debut on the public market by Friday, May 10, on-demand ride-hailing drivers are planning to strike on Wednesday. The New York Taxi Workers Association is calling on U.S.-based drivers to stand in solidarity with drivers in London and log off from both Uber and Lyft on May 8 between 7 a.m. and 9 a.m. STRIKE STRIKE STRIKE! We are calling on all people of good conscien...

In 2006, New Line Cinema added five days of reshoots for Snakes on a Plane, six months after principal filming had wrapped. The new shoots helped change the film’s rating from PG-13 to R, courtesy of, among other things, the addition of the line “I have had it with these motherf****** snakes on this motherf****** plane!” It was an early and still one of the best known instances of a film being alt...

Coinbase, the $8 billion-valued crypto exchange, has lost its CTO after Balaji Srinivasan announced his departure from the company. Srinivasan became the U.S. company’s first CTO one year ago after it acquired Earn.com, where he was CEO and co-founder. Given the tenure — one year and one day — it looks like Srinivasan’s departure comes after he served the minimum agreed period with Coinbase. Learn...

Bradley Tusk’s story is well-known by now. A political operative who managed Michael Bloomberg’s successful third mayoral campaign, Tusk soon turned a bonus from his powerful boss into an opportunity that most people can only dream about. He launched his own business to help clients navigate turbulent regulatory waters, and one of his first calls came from Uber. Which paid him in stock. Learn more...

Developer season has begun! Next week, Google will be putting on a big party at the pointy outdoor amphitheater in Mountain View. It’s shaping up to be a biggie, too, if this week’s Google earnings call was any indication. Sundar Pichai teased out a number of upcoming offerings from the company that we can expect to see on full display at the show. Learn more about your ad choices. Visit podcastch...

Once a major name in smartphones, LG Mobile is now irrelevant — and still losing money LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest proof is LG’s Q1 financials, released this week, which show that its mobile division grossed just KRW 1.51 trillion ($1.34 billi...

You expect to lose money gambling, but you don’t really expect to lose it abstaining from gambling. But if you’re Fanduel user who hasn’t made any bets or deposits for two years, the site will now deduct $3 per month until you put some money on the table. You have to play to win, it seems, but not to lose. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ready or not, the first Sonic the Hedgehog trailer is here It’s been 28 years since Sonic the Hedgehog first arrived on home gaming consoles. In some senses, a feature film is long overdue. But if history has taught us anything, that might be for the best. Take Sonic’s semi-contemporary, Mario, who was given the large screen treatment two years after Sonic debuted on Sega’s consoles. Learn more ab...

Facebook has bet a lot on its VR dream. The industry has become the butt of a few jokes in the past couple years as hype has deflated, but there’s been no question that the tech is interesting, the question has been whether it’s sustainably cool. Oculus made a gamble on the high-end three years ago, but the $399 standalone Quest is where they see whether that bet was worth it. In a lot of ways, th...

The Google Assistant can now tell you a story on your phone For the last year or so, you could ask the Google Assistant on your Google Home device to read your kids a story. Today, just in time for National Tell a Story Day, Google is bringing this feature to Android and iOS phones, too. It’ll be available in English in the U.S., U.K., Canada, Australia and India. Learn more about your ad choices....

Tesla,Elon Musk and the U.S. Securities and Exchange Commission reached an agreement Friday that will give the CEO freedom to use Twitter —within certain limitations — without fear of being held in contempt for violating an earlier court order. Musk can tweet as he wishes except when it’s about certain events or financial milestones. In those cases, Musk must seek pre-approval from a securities la...

The only job named in and protected by the U.S. constitution is journalism. But when it’s under attack from fake news, misinformation, and the supposed defender-of-the-constitution-in-chief, who looks out for the press? Reporters have an unlikely ally in the late night comedy circuit. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On the one hand, you’ve got Twitter CEO Jack Dorsey lamenting the “like” button’s existence, and threatening to just kill the thing off entirely for incentivizing the wrong kind of behavior. On the other hand, you have twttr — Twitter’s prototype app where the company is testing new concepts including, most recently, a way to make liking tweets even easier than before. Confused about Twitter’s pro...

Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber’s valuation at around $120 billion. Still, that valuation is higher than its last valuation of $76 billion following a funding round. It’s likely this decrease in valuati...

Apple is rolling out a fix for an App Store bug that was preventing users from downloading new iOS apps or app updates. The issue, which impacted an unknown number of users, involved a Terms & Conditions dialog box that would continue to pop up even when users tapped the “Agree” button. The issue had frustrated users who took to Twitter in an attempt to get help from Apple Support. 9to5Mac and App...

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 but still down from 191 million a year ago, in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus est...

With just a few days until the release of “Avengers: Endgame,” Marvel fans everywhere are probably wondering A) Who dies?? and B) Will this actually resolve the cliffhanger ending of “Infinity War” in a satisfying way? So, just to get it out of the way: A) I’m not telling, and B) Kind of? Mostly? It depends? Certainly, if you’re like me and found yourself fatigued by the constant, overcrowded batt...