It’s that time again folks, Samsung has reported guidance for its upcoming Q1 quarter — and things don’t look good. Samsung is forecasting that revenue for the quarter will reach 51-53 trillion KRW ($44.87-$46.63 billion), which would represent a drop of around 15 percent on one year previous. The Korean tech giant reported a record […]

On Thursday, Australia lawmakers ushered through what is perhaps the toughest legal measures to hold social media companies accountable for the content they share. Only a few weeks after the massacre of 50 people at mosques in Christchurch, New Zealand, Australia’s House of Representatives passed a law requiring social media platforms to “expeditiously” remove content […]

Google has abandoned an advisory board on ethics in AI after critics questioned the inclusion of Kay Coles James, leader of the right-wing think tank the Heritage Foundation, on the 8-person panel. Google employees and thousands more concerned people called for this mistake to be corrected, and in response the company has apparently chosen to […]

As we saw from our recent TechCrunch Battlefield in Africa last year, the continent is producing bigger and bigger tech players, and one can see this in the consolidation in the market. Today Jiji, one of the largest marketplaces for classifieds in Africa, has acquired their main competitor on the African market, OLX, and their […]

Aaron Smith Contributor Aaron Smith is co-founder and executive director of the National Cannabis Industry Association (NCIA). Pressure is steadily mounting on U.S. lawmakers to implement comprehensive cannabis banking reform at the federal level, and that pressure is coming from all directions. Rapid shifts in public opinion and a rising number of states with legal […]

Yoshua Bengio, who last month won the prestigious Turing award, alongside Geoffrey Hinton and Yann LeCun, for his work on AI, is worried about what the technology is being made into behind closed doors. In an interview with Nature, he explains his concerns but takes care to avoid sounding like a doomsayer. A professor at […]

Amazon is ready to challenge Apple with a cheaper, Alexa-powered set of wireless earbuds. If successful it would carve out a space for the popular digital assistant, and its deep connections to the rest of Amazon’s ecosystem, in the mobile world Amazon has hitherto largely failed to penetrate. But that’s a big if. A report […]

An apparent breakdown in talks between BuzzFeed management and the company’s newsroom union spurred expressions of solidarity from other unions — and even from New York City Mayor Bill de Blasio. The employees of BuzzFeed News (the company’s journalistic arm) voted to unionize in February, following major layoffs. At the time, Editor in Chief Ben […]

Welcome to this week’s transcribed edition of This is Your Life in Silicon Valley. We’re running an experiment for Extra Crunch members that puts This is Your Life in Silicon Valley in words – so you can read from wherever you are. This is your Life in Silicon Valley was originally started by Sunil Rajaraman and […]