Pinterest delivers first earnings report as a public company
Pinterest (NYSE: PINS) shared impressive first-quarter financials on Thursday after the closing bell in what was its first earnings report as a public company. The digital pinboard went public in April, rising 25 percent during its first day trading on the New York Stock Exchange. Pinterest’s public market performance has continued to stay in the […]
Fiverr files to go public, reports revenue of $75.5M and a net loss of $36.1M for 2018
Freelance marketplace Fiverr has filed to go public on the New York Stock Exchange. The company, which is headquartered in Tel Aviv, is losing money — its net losses grew from $19.3 million in 2017 to $36.1 million in 2018. At the same time, revenue grew by nearly 45 percent, from $52.1 million to $75.5 […]
ObjectiveEd is building a better digital curriculum for vision-impaired kids
Children with vision impairments struggle to get a solid K-12 education for a lot of reasons — so the more tools their teachers have to impart basic skills and concepts, the better. ObjectiveEd is a startup that aims to empower teachers and kids with a suite of learning games accessible to all vision levels, along […]
Ticketmaster put an end to screenshots with new digital ticket technology
Ticketmaster is turning to new technology to help fight ticket fraud. The ticketing giant today unveiled its next-generation digital tickets, “Safetix,” which are tied to the ticket holder’s mobile device through an encrypted barcode that automatically refreshes every few seconds. The tickets will also support NFC technology, allowing fans to enter venues through a “tap […]
Rivals in gaming, Microsoft and Sony team up on cloud services
For the last two decades, Sony and Microsoft’s gaming divisions have been locked in all-out war against one another: on price, on hardware, on franchises, on exclusives… you name it. But it seems they’ve set their enmity aside temporarily that they might better prevent that filthy casual, Google, from joining the fray. The official team-up, […]
Airbnb adds former Apple retail chief Angela Ahrendts to board
Airbnb has made yet another addition to its board of directors as it inches toward an initial public offering, expected in the next year. Angela Ahrendts, the former senior vice president of retail at Apple, joins as its third independent non-affiliated board member. Ahrendts joined Apple in 2014 after serving as CEO of the British […]
Global Learning Xprize splits $10M purse for best teaching app for disadvantaged kids
Kids need a good education to have the best chance of succeeding in the world, but in distant parts of developing countries that may be neither schools nor teachers. The Global Learning Xprize aimed to spur innovation in the tech space to create app-based teaching those kids can do on their own — and a […]
TikTok tops the iOS App Store for the fifth quarter in a row
Despite a $5.7 million FTC fine and changes to restrict its use by under 13-year-olds, TikTok retained its No. 1 position as the most downloaded app on the Apple App Store for the fifth consecutive quarter, according to a new report from Sensor Tower. The app saw more than 33 million App Store downloads during […]
Daily Crunch: Trump targets Huawei with emergency declaration
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. Trump declares national emergency to protect US networks from foreign espionage While the U.S. already restricted government contractors and federal agencies […]