Thursday, January 3, 2019

AR startups have a rough 2019 ahead of them

THE DAILY CRUNCH
THURSDAY, JANUARY 3 2019 By Taylor Nakagawa

AR startups are facing an uneasy future, Apple misses its Q1 sales projections and China makes a historic landing on the far side of the moon. Here's your Daily Crunch for January 3, 2019.

1. Magic Leap and other AR startups have a rough 2019 ahead of them 

2018 was supposed to be the year where the foundation of AR was set to expand, but now it looks like momentum has been sucked out of the industry's heavy hitters.

2. Sorry I took so long to upgrade, Apple 

Apple missed Wall Street's Q1 sales projections yesterday and the company blamed faltering sales in China for the reason behind the drop. But let's not kid ourselves; anyone who has an iPhone now is part of the problem. As essential as these devices have become in our lives, it's just too hard for many consumers around the world to justify spending more than $1,000 for a new phone.

3. China's lunar probe makes history by successfully soft-landing on the far side of the moon

China crossed a major milestone in space exploration history last night by becoming the first country to land a probe on the far side of the moon. Named after the Chinese moon goddess, Chang'e 4 will use a low-frequency radio to survey the terrain of the moon.

4. Mary Meeker targets $1.25B for debut fund, called Bond

With Bond, Meeker is set to be the first woman to raise a $1 billion-plus VC fund.

5. Money is no object: China's Luckin sets sights on rivaling Starbucks

Caffeinated drinks are taking off in the tea-drinking nation. Luckin, which is only a year old, has announced an ambitious plan to topple Starbucks and expand to 6,000 stores by 2022.

6. 10 predictions on the future of gaming in 2019 

Will the gaming industry clutch up in 2019?

7. Segway unveils a more durable electric scooter and autonomous delivery bot

Segway's Model Max scooter is designed to help services like Bird and Lime reduce their respective operating and maintenance costs, while its new Loomo delivery bot is made for autonomous deliveries for food, packages and other items.

Get more stories at techcrunch.com 

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Wednesday, January 2, 2019

What to expect from CES 2019

THE DAILY CRUNCH
WEDNESDAY, JANUARY 2 2019 By Taylor Nakagawa

CES is just around the corner, Tesla is starting 2019 in the red and hackers are using dormant Twitter accounts to spread terrorist propaganda. Here's your Daily Crunch for January 2, 2019.

1. What to expect from CES 2019 

It's tough to believe that CES is already here. The five-day show has changed a lot in recent years, with major tech companies opting to make announcements on their own stages. 5G will be the centerpiece of the show, but keep an eye out for major announcements in transportation and in TV resolution.

[caption id="attachment_1763951" align="aligncenter" width="680"]A general view shows the registration tent at the Las Vegas Convention Center for the 2018 Consumer Electronics Show in Las Vegas (Photo: MANDEL NGAN/AFP/Getty Images)[/caption]

2. Tesla stock price crashes 10% on vehicle price cut, missed delivery estimates

After failing to meet Wall Street's delivery estimates of the Model 3, Tesla's stock took a big dip this morning. The company also announced it's taking $2,000 off the price of the Model S, Model X and Model 3.

3. Hackers are spreading Islamic State propaganda by hijacking dormant Twitter accounts

Hackers are using a decade-old flaw to target and hijack dormant Twitter accounts to spread terrorist propaganda, TechCrunch has learned.

4. Chinese app developers have invaded India 

For anyone who has been watching the Indian technology scene in recent years, this "Chinese app store invasion" will be of little surprise, although the speed of change has been unexpected.

5. 2018 ushered in a 'potential space renaissance'

Venture capital dollars are fueling a new boom in aerospace innovation, with firms investing more than $2.3 billion in new companies over the course of 2018, according to data from Crunchbase.

6. What to expect in cybersecurity in 2019 

Expect more data leaks and exposures — not just breaches in 2019.

7. FCC greenlights Google's radar-based gesture tech 'Soli'

Google's Soli Project could make touchscreens look obsolete in the coming years.

Get more stories at techcrunch.com 

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