Tuesday, April 30, 2019

The end of Anki

THE DAILY CRUNCH
TUESDAY, APRIL 30 2019 By Anthony Ha

Anki is shutting down, Google Q1 earnings disappoint and WeWork files to go public. Here's your Daily Crunch for April 30, 2019.

1. Cozmo maker Anki is shutting its doors

No one ever said consumer robots were easy. But Anki's actually made a pretty strong go of it, all things considered.

"We've shipped millions of units of product and left customers happy all over the world while building some of the most incredible technologies pointed toward a future with diverse AI and robotics driven applications," the company said. "But without significant funding to support a hardware and software business and bridge to our long-term product roadmap, it is simply not feasible at this time."

2. Alphabet misses on Q1 revenues of $36.3B; EPS of $9.50 weighed down by the $1.7B European fine

Overall, it was a tough quarter for the company, indicating struggles with its growth.

3. Why did last night's 'Game of Thrones' look so bad? Here comes the science!

For what it's worth, I didn't have any trouble watching Sunday's climactic battle episode of "Game of Thrones" — but it seems plenty of other viewers did.

4. Samsung sees Q1 profit plummet 60 percent

Samsung said that sales of its new Galaxy S10 smartphone were "solid," but it admitted that its memory chip and display businesses — so often the most lucrative units for the company — didn't perform well.

5. Utah's Divvy raises $200M to eliminate expense reports

Divvy only launched its platform, which allows customers to send and request funds, create virtual credit cards, manage team spending and more, in January 2018. Its valuation has grown 1,000 percent since then, across three rounds of equity funding.

6. Twitter announces new content deals with Univision, The Wall Street Journal and others

The spotlight has moved on from Twitter's video strategy, but the company is still making deals.

7. What we want to know in the We Company (WeWork) S-1

With news that the We Company (formerly known as WeWork) has officially filed to go public, there's a big question on everyone's mind: Is this the next massive startup win or a house of cards waiting to be toppled by the glare of the public markets? (Extra Crunch membership required.)

Get more stories at techcrunch.com 

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Monday, April 29, 2019

Top Stories of the Day // April 29, 2019

Viacom is launching Pluto TV channels for Comedy Central, MTV and more | With Kata Containers and Zuul, OpenStack graduates its first infrastructure projects | Amazon Pay launches peer-to-peer payments in India | Beats' AirPods alternative start shipping May 10 | Samsung made a vertical TV for watching smartphone videos | Is this the vertical-folding Motorola Razr? | FutureLearn takes $65M from Seek Group for 50% stake in UK online degree platform |
THE DAILY CRUNCH
MONDAY, APRIL 29 2019 TODAY'S TOP STORIES:
TOP HEADLINE | Anthony Ha

Viacom is launching Pluto TV channels for Comedy Central, MTV and more

Just a few months after acquiring video streaming service Pluto TV, Viacom says it will be bringing its major networks to the ad-supported streaming service, with a whole lineup of... Read More…
Frederic Lardinois

With Kata Containers and Zuul, OpenStack graduates its first infrastructure projects

Over the course of the last year and a half, the OpenStack Foundation made the switch from purely focusing on the core OpenStack project to opening itself up to other... Read More…
Sarah Perez

Amazon Pay launches peer-to-peer payments in India

Continuing its investment in India, Amazon today announced the launch of person-to-person (P2P) payments via Amazon Pay for Android users in the country. Customers can now make instant bank-to-bank transactions... Read More…
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Visa and SBA innovate around small business disaster recovery

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Brian Heater

Beats' AirPods alternative start shipping May 10

Earlier this month, Beats unveiled its long-awaited answer to AirPods. The Powerbeats Pro feature far longer battery life, better sound and an improved fit. The Apple subsidiary promised a May... Read More…
Brian Heater

Samsung made a vertical TV for watching smartphone videos

So it's come to this. After years of letter boxes and angry commenters, the electronics world is finally giving in and developing hardware designed to view vertical videos. Time to... Read More…
Matt Burns

Is this the vertical-folding Motorola Razr?

This could be the upcoming Motorola Razr revival. The images purporting to be the upcoming smartphone appeared online on Weibo and show a foldable design. Unlike Galaxy Fold, though, Motorola's... Read More…
Natasha Lomas

FutureLearn takes $65M from Seek Group for 50% stake in UK online degree platform

Edtech and recruitment continue to converge. London-based online degree platform, FutureLearn, is taking £50 million (~$64.6M) from Australian-based online job matching group, Seek, in exchange for a 50 per cent... Read More…
Matt Burns

2019 Audi RS 5 review: A bruising high-tech cruiser

The Audi RS 5 Sportback is an animal. Tamed, sure, but not domesticated. It's important to remember as one day, maybe next week or next year or both, the RS... Read More…
Ingrid Lunden

Spotify Q1 hits 100m paying users, 217M overall, beats on sales but loss widens to $47M

As Amazon reportedly gears up to offer its own hi-fi music streaming service, Spotify has posted its Q1 figures. One significant milestone: the world's currently biggest music streaming service reported... Read More…
Ron Miller

Tray.io hauls in $37 million Series B to keep expanding enterprise automation tool

Tray.io, the startup that wants to put automated workflows within reach of line of business users, announced a $37 million Series B investment today. Spark Capital led the round with... Read More…
Get more stories at techcrunch.com 

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Automattic is 'short-staffed' amid ongoing drama

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