TechCrunch Industry News

In what could be the biggest one-day drop of all time, Facebook shares opened at $174.89, down 19.6 percent compared to yesterday’s closing price of $217.50 (NASDAQ:FB). When it comes to market capitalization, Facebook was worth $629.6 billion yesterday. The company is now worth $506.2. In other words, Facebook has lost $123.4 billion in value overnight. Today’s performance isn’t due to yet anothe...

This review took a lot of pork. Over the last few months, I’ve used the Traeger Timberline 850 several times a week. Cooking on this grill is easier than using an oven. With a little bit of planning, a person can simultaneously grill a flock of chickens, a couple of pork butts and a load of veggies and have them turn out perfectly. I did, and it was the best Mother’s Day ever. First the good. It’s...

SpaceX confirmed on Twitter this morning that it recovered the booster from the latest Falcon 9 launch. Shortly after launchingfrom Vandenberg Air Force Base in Southern California at 7:39AM ET this morning, the booster stage landed on theJust Read The Instructions drone ship. The company will now try to catch the rocket’s fairing with a giant net attached to the ship Mr. Stevens. Learn more about...

Xiaomi gave Google’s well-intentioned but somewhat-stalled Android One project a major boost last year when it unveiled its first device under the program, Mi A1. That’s now joined by not one but two sequel devices, after the Chinese phone maker unveiled the Mi A2 and Mi A2 Lite at an event in Spain today. Xiaomi in Spain? Yes, that’s right. Learn more about your ad choices. Visit podcastchoices.c...

Pokémon GO just got a little surprise update, complete with a curious new feature: “Lucky” Pokémon. Most things in Pokémon GO are adapted from things that already exist in the Pokémon universe. Items like incense, lucky eggs and the like all exist in the main Pokémon series (though what these items actually do tends to be a bit different in GO). Lucky Pokémon, as far as I know, is a new concept al...

Meet the Travel Backpack 45L. It’s Peak Design’s latest creation and the company just launched a Kickstarter campaign to bring it to life. This product marks the eighth Kickstarter campaign for Peak Design — all of which have been wildly successful. Peak Design turned to Kickstarter in 2014 to launch the first generation of its Capture camera clip. Over 5,200 people pledged support to bring that p...

Niantic explains how and why it bans players in Pokémon GO Getting banned for cheating is nothing new in Pokémon GO. There’ve been big ol’ ban waves every few weeks for ages now. The policies have never been totally set in stone, however — at least not publicly. Like many of the game’s mechanics, the player base has had to share info amongst themselves to figure out the offenses and their relative...

I’ve been working with an ugly but functional lopsided two-monitor setup for years, and while it has served me well, I can’t say the new generation of ultra-wide monitors hasn’t tempted me. But the truth is they just aren’t wide enough. Or rather, they weren’t. Samsung has just blown my mind with a monitor so wide it will serve as a ramp that you can trick off of in the summer. It’s so wide that w...

TheTechCrunch Summer Party at August Capitalis the stuff of Silicon Valley legend. We’re celebrating 13 years of libations and convivial conversation while toasting the entrepreneurial spirit on the deck at August Capital in Menlo Park on July 27. And we want you to join us. If you have not yet secured your ticket to this summer soiree, heed our call. We’ve just released the last round of tickets....

The Galaxy Note 9 won’t be announced until August. You wouldn’t know it by reading the internet, however. Every nook and cranny of the upcoming phablet has been bared for the world, in a series of leaks over the past several weeks. Sure, not all of them will pan out, but plenty have come from leakers with established track records, and enough of the details line up so as to paint a wholly believab...

Worried about a slowdown? It already happened in 2016, says one new venture study In today’s market, it’s hard to make sense of what’s what. Deals have grown incestuous for the first time, with outfits like GV investing alongside Uber last week — just months after its parent company, Alphabet, was at Uber’s throat. A $10 million-plus round of seed funding is no longer a joke. Learn more about your...

Apple just released the third version of the iOS 12 beta as part of the public beta program. It means that everyone can now install a development build of iOS 12, the next major version of the operating system for iPhone and iPad. Don’t forget this is still a beta version. Things will crash, things won’t work. Don’t be surprised if you lose data in your Photos, Notes or Messages apps for instance....

Bitcoin is moving up, and it’s taking 99 of its best friends along for the ride. In the last 24 hours, every one of the top 100 coins by market cap was in the green with 84 of them posting gains of over 5 percent. At the time of writing, Bitcoin was sitting at $7,310, up 14 percent in the last 7 days and up almost 10 percent in the last 24 hours. Learn more about your ad choices. Visit podcastchoi...

Founder and investor Elad Gil has a new book that aims to help startups with their later-stage challenges — before they get to that point Serial entrepreneur and angel investor Elad Gil has become renowned in Silicon Valley startup circles, largely because he not only funds startups but he advises many, too. Some of the tech companies he has logged time with include Airbnb, Twitter, Google, Instac...

Amazon is kicking off today’s Prime Day a bit early. Although its annual sale technically begins at 12 PM PT / 3 PM ET this afternoon, it put its own devices on sale 12 hours early. The company is marking down its Alexa-enabled products like Echo, Fire TV, and Fire tablets, as well as its home security products like the Cloud Cam and more recently acquired Ring Video Doorbell. Learn more about you...

When reviewing hardware, it’s important to integrate it into your life as much as possible. If you can, swap it in for your existing devices for a few days or a week, to really get an idea of what it’s like to use it day to day. There are certain nuances you can only discover through this approach. Of course, that’s easier said than done in most cases. Learn more about your ad choices. Visit podca...

Specs? We’ll talk specs later. Right now we’re focused on something far more important: keyboard noise. It’s been a common complaint among MacBook users since the company shifted to the butterfly switch. Some of that can no doubt be chalked up to the fact that people really hate change when it comes to something as fundamental as a keyboard. Even so, there’s no mistaking the fact that, in the righ...

When one of the main selling points for your service is the ability to stream live sports, the last thing you want is a full-on service meltdown during a huge game. Alas, that’s exactly what happened on Wednesday to YouTube TV. Just as the World Cup semi-finals game between Croatia and England started heating up, . Learn more about your ad choices. Visit podcastchoices.com/adchoices

For the first time, Netflix tops HBO for most Emmy nominations Netflix has broken HBO’s 17-year streak as the most nominated network at the Emmy Awards. In the nominations released this afternoon, Netflix came out slightly ahead, with 112 nominations compared to HBO’s 108. Those include Best Comedy nods for GLOW and Unbreakable Kimmy Schmidt, as well as Best Drama nominations for The Crown and Str...

Our 13th annual TechCrunch Summer Party at August Capital takes place on July 27, and we’re happy to announce we’ve just released a fourth batch of tickets to this fun Silicon Valley tradition. These tickets have been moving at a brisk pace, so if you’d like to join us in Menlo Park, be sure to buy your ticket today. Come and spend a relaxing evening of cocktails and conversation with your peers....

Croatia scored and the score is now 1-1 against England. If you’re a YouTube TV subscriber, you might not know that because YouTube TV has been down for around 40 minutes. Update: It’s back just in time for extra time. People who pay $40 a month to subscribe to live TV on YouTube are arguably mad. One of the main reasons YouTube TV makes sense is that it lets you watch live sports. You won’t find...

Mozilla’s Test Pilot program for Firefox has long been the organization’s way to trial some of its more experimental ideas for new browser features. Now it’s expanding this program to include mobile apps, too, with the launch Firefox Lockbox, of a password manager for iOS, and Notes by Firefox, a note-taking app for Android. Both apps have a connection to Firefox (hence their names), but we’re not...

People ask me all the time about my favorite gadgets and I rarely have any answers. I’ve been playing with stuff since 2004 and I’m pretty gadget-ed out. But this year I’ve finally found something that I really enjoy: the GPD XD, an Android-based gaming handheld that lets you play multiple emulators including an endless array homebrew and classic ROMS. Learn more about your ad choices. Visit podca...

Toward the end of his life, it became somewhat common practice to post a picture of his door. It was an otherwise unremarkable thing, with a mail slot and a metal plate at the bottom. Up top, a large plate read simply, “S. Ditko.” Most wouldn’t venture beyond that, respectful of not disturbing the legendary cartoonist who’d become something akin to a comic book version of J.D Salinger, or maybe Th...

Microsoft all but announced as much via the official Surface account. The company tweeted out the leading question “Where will Surface go next?” along with a image of the full lineup — the Pro, Laptop, Book 2 and swiveling all-in-one Studio. The desktops each displaying 6:00 on Tuesday, July 10 is the other key hint here. The big news will probably drop tomorrow, most likely in the A.M. Learn more...