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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.

SoftBank Corp shares drop 14% on their first day of trading, but it’s still one of the largest IPOs ever

SoftBank Corp’s initial public offering today started with a bang before trailing off into a whimper, with the stock falling 14.5 percent during its first day of trading on the Tokyo Stock Exchange. The company is the mobile unit of conglomerate SoftBank Group, whose holdings also include Sprint and the $100 billion Vision Fund. Shares […]

Posted on 19 December 2018 | 7:11 am

Facebook purges more ‘bad actors’ in Myanmar but it still won’t commit to a local office

As Facebook continues to grasp the severity of the situation in Myanmar, where the UN has concluded that its social network plays “determining role” in inciting genocide, the U.S. tech giant has completed a third sweep in recent months to remove bad actors from its platform. Facebook said late Tuesday U.S. time that it has […]

Posted on 19 December 2018 | 6:16 am

Amnesty International used machine-learning to quantify the scale of abuse against women on Twitter

A new study by Amnesty International and Element AI attempts to put numbers to a problem many women already know about: that Twitter is a cesspool of harassment and abuse. Conducted with the help of 6,500 volunteers, the study, billed by Amnesty International as “the largest ever” into online abuse against women, used machine-learning software […]

Posted on 19 December 2018 | 5:09 am

Elon Musk’s ‘vision for transport’ is a 3D network of tunnels for autonomous electric vehicles

Billionaire entrepreneur Elon Musk’s vision of an “entirely new system of transport,” which he unveiled Wednesday night at a splashy event in Hawthorne, California, wasn’t a reusable rocket like the ones he’s building at his nearby SpaceX headquarters. Nor is it an electric vehicle, like the Teslas he is producing at a factory in Fremont, California. […]

Posted on 19 December 2018 | 4:03 am

Facebook’s got 99 problems but Trump’s latest “bias” tweet ain’t one

By any measure Facebook hasn’t had the best of years in 2018. But while toxic problems keep piling up and, well, raining acidly down on the social networking giant — from election interference, to fake accounts, faulty metrics, security flaws, ethics failures, privacy outrages and much more besides — the silver lining of having a core […]

Posted on 19 December 2018 | 1:39 am

Uber to resume autonomous vehicle testing months after fatal accident

Uber has regained approval to test its self-driving cars on Pennsylvania roads.

Posted on 18 December 2018 | 11:46 pm

Smart security camera maker Lighthouse AI shuts down

Smart security camera maker Lighthouse AI is calling it a day. The news, first reported by The Information, has since been confirmed by CEO Alex Teichman. “I am incredibly proud of the groundbreaking work the Lighthouse team accomplished – delivering useful and accessible intelligence for our homes via advanced AI and 3D sensing,” the executive […]

Posted on 18 December 2018 | 11:30 pm

Tinder fires comms head and other employees who sued company

Tinder has fired its vice president of marketing and communications Rosette Pambakian, as well as other employees who sued Tinder’s parent company Match Group and its controlling shareholder IAC earlier this year. The Verge first broke the news of the firings. A Match Group spokesperson confirmed that a number of Tinder employees have been terminated, […]

Posted on 18 December 2018 | 11:15 pm

Oath officially becomes Verizon Media Group on January 8

A year and a half after giving birth to Oath, Verizon’s officially rebranding its media group as… wait for it… Verizon Media Group. It’s simple, it’s straightforward, it says what it does on the package — and most importantly, it makes a hell of a lot more sense than “Oath.” Division head Guru Gowrappan confirmed that […]

Posted on 18 December 2018 | 10:38 pm

How Fortnite’s dance moves sparked new lawsuits against Epic Games

A growing cluster of actors, musicians and viral internet stars have Fortnite in their crosshairs. The smash hit third-person shooter is free to play but generates mountains of revenue through in-game microtransactions. Those purchases lure avid Fortnite players to spend real-life cash on virtual cosmetic items, like special character skins (today: a winter skiing set!) […]

Posted on 18 December 2018 | 10:11 pm

After $130M+ in funding, AR startup Blippar collapses

While proponents swore 2018 would be the year AR moved mainstream, by year’s end it seems the biggest trend has been the movement of early startups to financial collapse. Blippar, an early augmented reality app that raised more than $130 million in venture funding from investors like Qualcomm and Candy Ventures, announced today that it […]

Posted on 18 December 2018 | 9:35 pm

Tesla’s China factory and the missed growth opportunity

Tesla made its ambition for world domination known when it announced its intention to build a factory in China. The move makes sense — but it might be shortsighted.

Posted on 18 December 2018 | 8:00 pm

Gift Guide: Indie games for players worn out on AAA titles

2018 has been a big year for big games, and with new titles from the Assassin’s Creed, Red Dead Redemption, Call of Duty and Battlefield franchises all competing… it’s enough to make a gamer want to just quit and play something a little more low-key. Here are some of the smaller, independent games we liked […]

Posted on 18 December 2018 | 8:00 pm

Rothy’s just landed $35 million from Goldman Sachs to sell more of its popular ballet flats

Rothy’s, a three-year-old, San Francisco-based company that makes a variety of colorful flats for women, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sachs’ asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million […]

Posted on 18 December 2018 | 7:25 pm

Pretend to be productive by reading TechCrunch in your terminal window

Developers and hipsters, it’s time to join together and ditch your web browser to read this article. Kosuke Yoshimura developed a fun little project and shared it on Product Hunt today. TechCrunch-CLI is a command line interface that lets you read TechCrunch articles in text mode. As my colleague Devin Coldewey suggested, TextCrunch would also […]

Posted on 18 December 2018 | 7:12 pm

Target’s same-day delivery service Shipt will include ‘all major product categories’ in 2019

Target has grand plans for Shipt, the same-day grocery delivery service it bought a year ago for $550 million. While generally known today as something of an Instacart competitor — essentially Target’s answer to Walmart and Amazon’s grocery delivery businesses — Shipt has expanded to include more of Target’s assortment over the past year. By […]

Posted on 18 December 2018 | 6:51 pm

Coinbase lets you convert one cryptocurrency into another

It’s hard to believe that you still had to convert your BTC into USD in order to buy ETH on Coinbase. The company is finally adding direct cryptocurrency-to-cryptocurrency conversions. The feature works with Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) and Bitcoin Cash (BCH). It is only available to U.S. customers […]

Posted on 18 December 2018 | 6:17 pm

Google still claimed to be blocking search rivals on Android, despite Europe’s antitrust action

Mobile licensing changes made by Google this fall, when it tweaked terms for OEMs wanting to license its Android smartphone platform on devices destined for the European market, don’t appear to be offering succour to search rivals — despite being triggered by an antitrust ruling intended to reset the competitive playing field. The European Commission […]

Posted on 18 December 2018 | 5:57 pm

The 5G wars have entered the petty stage

If you’re reading this the year it was written, you’re almost certainly not getting it over 5G. If you’re reading this in the future, congrats, you made it. And hey, remember polar bears? 5G is the latest buzzword to send the mobile industry into a tizzy. This one’s got a particular weight to it, too, […]

Posted on 18 December 2018 | 5:57 pm

Levandowski’s Pronto.ai plans to ship automated driving systems for trucks in 2019

Anthony Levandowski, the former Google engineer and serial entrepreneur who was at the center of a trade secrets lawsuit between Uber and Waymo, has taken his newest autonomous vehicle technology company out of stealth mode with a product aimed at the commercial trucking industry. Technically, Levandowski’s involvement in a self-driving trucking company was first revealed by […]

Posted on 18 December 2018 | 5:48 pm