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Daily Crunch: Facebook beats Wall Street estimates Feb 01, 2019

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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. Facebook shares shoot up after strong Q4 earnings despite data breach Facebook managed to beat Wall Street’s estimates in its Q4 earnings despite a seemingly constant beatdown in the press. The company said it hit 2.32 billion monthly users, up 2.2 percent from 2.

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Many Xbox Ones aren’t working right now due to Xbox Live outage Jan 31, 2019

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If you just tried to turn on your Xbox One and were met with nothing but a black screen: you’re not alone. A particularly bad outage in Xbox Live’s core services is causing the console to get stuck at boot. Microsoft is aware of the outage, and says they’ve “identified the cause”. We are aware of reports of Xbox One console startup, title update and sign-in errors. We will keep everyone informed once we have more information to share. Thank you all for your patience.

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It’s time to pay serious attention to TikTok Jan 30, 2019

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If you haven’t been paying attention to TikTok, you haven’t been paying attention. The short-form video app hailing from Beijing’s ByteDance just had its biggest month ever with the addition of 75 million new users in December — a 275 percent increase from the 20 million it added in December 2017, according a recent report from Sensor Tower.

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StarCraft II-playing AI AlphaStar takes out pros undefeated Jan 30, 2019

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Losing to the computer in StarCraft has been a tradition of mine since the first game came out in 1998. Of course, the built-in “AI” is trivial for serious players to beat, and for years researchers have attempted to replicate human strategy and skill in the latest version of the game. They’ve just made a huge leap with AlphaStar, which recently beat two leading pros 5-0.

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Jobs platform Vangst just raised $10 million to plug more people into the fast-growing cannabis industry Jan 29, 2019

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People are increasingly interested in finding a way to participate in the cannabis industry, and for good reason. It’s growing like a weed (yes, we said it). According to a San Francisco-based research company, Grand View Research, the global legal marijuana market is expected to reach $146.4 billion by end of 2025.

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Scooters 2.0, Munchery ghosts, and solving contraceptive deserts Jan 28, 2019

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Hello and welcome back toEquity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the gang back together with our own Connie Loizos at the helm, Kate Clark in the studio as well, Alex on the phone, and Ed Sim from Boldstart Ventures onboard as well. A good crew for a busy week. Now that 2019 is fully underway, the news is back to its usual firehose-pace which means we had a lot to get through.

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Smartphones are about to get more interesting, but is it enough to drive growth? Jan 25, 2019

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Smartphones are about to get more interesting, but is it enough to drive growth? As sales stagnate, will foldable phones and 5G be enough to save the day? Smartphone numbers are down. In 2018, global shipments dropped 3 percent, and while the long-promised arrival of 5G will help numbers get back into the black, IDC predicts that even then growth will be in the low-single digits.

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Alexandria Ocasio-Cortez and that meme life Jan 25, 2019

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Welcome back to TechCrunch Mixtape, the podcast that goes a bit behind the headlines to bring tech to culture. This week Megan Rose Dickey and I welcome Tiana Kara, the head of partnerships and growth at #builtbygirls (which, like TechCrunch, is owned by Verizon Media Group). The organization connects girls and women between the ages of 15 and 22 with mentors of all stripes in the tech industry based on their interests.

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A former Bessemer Venture Partners principal just closed his own $30 million fund, and here’s how Jan 24, 2019

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Sunil Nagaraj, who’d studied computer science as an undergrad at UNC Chapel Hill, landed two pretty nice gigs after deciding to pursue an MBA at Harvard Business School. First, he founded a venture-backed company called Triangulate — though he recognized when it was time to shut it down two years later. He then wound up working as a principal for Bessemer Venture Partners, a top-tier venture firm with locations around the world.

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Fresh tickets and New VC partners for the TechCrunch Winter Party Jan 24, 2019

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We’ve got a double dose of exciting news for you, startup fans. First, we’re thrilled to announce that investment firms August Capital, SV Angel and Uncork Capital have partnered with us for the 2nd Annual TechCrunch Winter Party at Galvanize on February 8. And second, today we released into the wild another fresh, though limited, batch of tickets. If you haven’t snagged a ticket to this Silicon Valley shindig, take heed.

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