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Slack drops 10%+ after its revenue growth, guidance fail to impress Jun 05, 2020

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Today Slack reported its earnings results for the three months ending April 30, 2020, the first quarter of its fiscal 2021. The well-known SaaS chat service posted revenue of $201.7 million, up 50% compared to its year-ago period. Slack also reported an adjusted per-share loss of $0.02, and per-share losses of $0.13 when counting all […]

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Kitty Hawk ends Flyer program, shifts focus to once-secret autonomous aircraft Jun 04, 2020

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Kitty Hawk is shutting down its Flyer program, the aviation startup’s inaugural moonshot to develop an ultralight electric flying car designed for anyone to use. The company, backed by Google co-founder Larry Page and led by Sebastian Thrun, said it’s now focused on scaling up Heaviside, a sleeker, more capable (once secret) electric aircraft that […]

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Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue Jun 04, 2020

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Today after the bell, video-chat service Zoom reported its Q1 earnings. The company disclosed that it generated $328.2 million in revenue, up 169% compared to the year-ago period. The company also reported $0.20 per-share in adjusted profit during the three-month period. Analysts, as averaged by Yahoo Finance, expected Zoom to report $202.48 million in revenue, […]

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Tembici raises $47M Series B to expand its fleet of electric bikes Jun 03, 2020

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Tembici, which says it owns 80% of the market share in Latin America’s micromobility space, now has $47 million more in capital to double down on its docked ebike offering.Â The Series B round was led by Valor Capital and Redpoint eventures. The International Finance Corporation (IFC), part of the World Bank Group, and Joá […]

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Amid unprecedented growth on its platform, Acorns cuts roles and shuts down an office Jun 03, 2020

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Acorns, which helps millions of people invest their spare change in the stock market, has laid off between 50 to 70 people, TechCrunch has learned from multiple sources. The Irvine, Calif.-based company would not confirm the total number of people laid off, but did confirm that there were cuts at the company as a result […]

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Global smartphone sales plummeted 20% in Q1, thanks to COVID-19 Jun 02, 2020

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More dismal numbers confirm what we already knew: Q1 2020 was real rough for an already struggling smartphone category. Gartner’s latest report puts the global market at a 20.2% slide versus the same time last year, thanks in large part to fallout from the COVID-19 pandemic. Every single one of the global top-five manufactures saw […]

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Uber latest features lets riders book by the hour and make multiple stops Jun 02, 2020

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Uber is bringing a new feature to the U.S. that lets users book rides for $50 an hour and make multiple stops as the ride-hailing company tries to respond to changing consumer needs during the COVID-19 pandemic. The hourly booking feature, which is already available in a handful of international cities in Australia, Africa, Europe, […]

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Pax launches desktop app, bypassing Apple’s vaping ban Jun 01, 2020

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Pax today is announcing a new app for its cannabis vaporizers. The service offers access to device controls, cannabis strain information, and safety features. The company previously launched an Android and iPhone app with similar features, but Apple later removed the version on the App Store, stripping iPhone users of features and information. Pax is […]

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Google’s latest experiment encourages social distancing through AR Jun 01, 2020

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Several months into this pandemic, you can no doubt already eyeball six feet/two meters with the best of them. But if you’re still having trouble — and happen to have an Android device handy — Google’s got you covered, I guess. The latest project out of the company’s Experiments With Google collection, Sodar is a […]

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The Simpsons can now be watched in 4:3 aspect ratio on Disney+, as nature intended May 29, 2020

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The greatest comedy in television history became a part of the Disney family when the mega-corporation gobbled up Fox last year, like so many forbidden donuts. Beyond having to make nice with the cartoon mouse American’s family had so openly antagonized over the decades, the deal meant that The Simpsons would have a permanent home […]

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