Shares of Fastly, the service that’s used by websites to ensure that they can load faster, have popped in its first hours of trading. The company, which priced its public offering at around $16 — the top of the estimated range for its public offering — have risen more than 50% since their debut on […]

Last week, SoftBank Group Corp. — Masayoshi Son’s holding company for his rapidly expanding collection of businesses — reported its fiscal year financials. There were some major headlines that came out of the news, including that the company’s Vision Fund appears to be doing quite well and that SoftBank intends to increase its stake in […]

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 here. 1. Amazon leads $575M investment in Deliveroo Amazon is taking a slice of Europe’s food delivery market by leading a $575 million […]

It’s a busy time for Postmates — the logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is still carving some time out of his schedule to join us at Disrupt SF in October. Before Postmates, Lehmann cofounded […]

Slowly but surely, Wing is spreading. Just last month, the one-time Google moonshot started deliveries for select locales in Australia’s capital city, Canberra. Now it’s moving into Finland, taking on that country’s own capital, Helsinki. Drone deliveries will start just month — which may just make the “spring” timeframe it announced late last year. Like […]

Indians can already use Amazon to pay for their mobile bills and borrow money to purchase items, but now there’s more. This week, the ecommerce giant quietly introduced an additional feature to its shopping site: flight tickets. Amazon has partnered with local travel service Cleartrip to add flight booking option to its payment service — […]

Microsoft is investing in certification and training for a range of A.I.-related skills in partnership with education provider General Assembly, the companies announced this morning. The goal is to train some 15,000 people by 2022 in order to increase the pool of A.I. talent around the world. The training will focus on A.I., machine learning, […]

Earlier this month, Canalys used the word “freefall” to describe its latest reporting. Global shipments fell 6.8% year over year. At 313.9 million, they were at their lowest level in nearly half a decade. Of the major players, Apple was easily the hardest hit, falling 23.2% year over year. The firm says that’s the “largest […]

HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high performance computing portfolio, and perhaps a foothold into quantum computing in the future. The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share. Cray was founded in the 1970s and for a […]

European restaurant delivery giant Deliveroo this morning announced that Amazon would be gobbling up a share in the company, by leading a new $575 million round of funding in it. But it looks like the e-commerce giant may be facing a little indigestion ahead. Tom Watson, MP and deputy leader of the Labour Party, today […]