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Amazon beats optimistic profit expectations for Q1

Amazon announced today that it has beat Wall Street’s already optimistic Q1 projections. The e-commerce giant’s revenues have slowed a bit, contributing to moderate fluctuations in after hours tra

Movie subscription service Sinemia is ending US operations

Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be

Uber will reportedly seek up to $90 billion valuation in IPO

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. Pre

Facebook hit with three privacy investigations in a single day

Third time lucky — unless you’re Facebook . The social networking giant was hit Thursday by a trio of investigations over its privacy practices following a particularly tumultuous month of sec

Tesla to open up Model 3 orders in UK

Tesla is poised to open up orders for the Model 3 in the U.K. by early May, as well as other markets that have right-hand drive vehicles, according to a tweet from CEO Elon Musk. The Model 3 order pag

Amazon Prime’s dominance is spurring new startup opportunities

Amazon has made two-day shipping the new industry standard -- a standard most competitors can’t meet. Fortunately, some exciting new logistics startups are emerging to help them compete with Amazon.

Zwift CEO Eric Min on fitness-gaming and bringing esports into the Olympics

The rumored IPO plans of $4 billion spinning brand Peloton marks the rise of a wave of interactive fitness startups like Mirror, Tonal, Hydrow and At Home 360 that combine a monthly subscription to r

Luminary ‘retooling’ after podcasters request removal from service

Last month, a New York Times piece heralded the arrival of Luminary. The story focused on the startup’s healthy funding (almost $100 million) and its “subscription-based business model that it hop

A quick look at how fast Series A and seed rounds have ballooned in recent years, fueled by top investors

Wing, a nine-year-old, Silicon Valley venture firm co-founded by veteran VCs Peter Wagner and Gaurav Garg, produces interesting research about its own industry every now and then, based on smaller dat

MuseNet generates original songs in seconds, from Bollywood to Bach (or both)

Have you ever wanted to hear a concerto for piano and harp, in the style of Mozart by way of Katy Perry? Well, why not? Because now you can, with OpenAI's latest (and blessedly not potentially catastr

The Markup faces staff exodus and funder scrutiny following ouster of Julia Angwin

The Markup appears to be facing a staff revolt — and its financial backers may be reconsidering their support — following the firing of editor-in-chief Julia Angwin. When the site was announced la

The venture firm SOSV has already raised its biggest fund to date, and it isn’t quite closed

SOSV, a multi-stage venture firm that was founded as the personal investing vehicle of entrepreneur Sean O’Sullivan after his company went public in 1994, then re-launched as a traditional ventu

Apple patches iOS App Store bug that was preventing app downloads

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 & Con

AWS expands cloud infrastructure offerings with new AMD EPYC-powered T3a instances

Amazon is always looking for ways to increase the options it offers developers in AWS, and to that end, today it announced a bunch of new AMD EPYC-powered T3a instances. These were originally announce

Kiwi’s food delivery bots are rolling out to 12 more colleges

If you're a student at UC Berkeley, the diminutive rolling robots from Kiwi are probably a familiar sight by now, trundling along with a burrito inside to deliver to a dorm or apartment building. Now

UK health minister leans on social media platforms to delete anti-vax content

Social media-fueled anti-vaxxer propaganda is the latest online harm the U.K. government is targeting. Speaking on BBC Radio 4’s Today program this morning, health secretary Matt Hancock said he

Huawei pushes back on reports of government ties, claims employee ownership

Huawei’s controversial status in North America and Europe stems from a lot of different factors. At the heart of most of them, however, is the hardware maker’s alleged ties to the Chinese governme

Daily Crunch: Facebook is still growing

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Comcast in talks to sell Hulu stake to Disney

Comcast is in talks about selling its 30 percent stake in Hulu to Disney, according to a report from CNBC this morning. The discussions are still in early stages. Comcast is considering whether the ti

Facebook broke Canadian privacy law, joint probe finds

The latest damning assessment of Facebook’s trampling of user privacy comes from the Canada and British Columbia privacy commissioners — which have just published the results of an investi
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