Thanks to Hulu, Disney lost $580 million last fiscal year: Megan Rose Dickey
The streaming media business is tough. Disney, which has a 30 percent stake Hulu, saw losses of $580 million last fiscal year, according to an SEC filing. This was, the SEC filing states, “primarily due to a higher loss from our investment in Hulu, partially …
Uber is exploring autonomous bikes and scooters: Megan Rose Dickey
Uber is looking to integrate autonomous technology into its bike and scooter-share programs. Details are scarce, but according to 3D Robotics CEO Chris Anderson, who said Uber announced this at a DIY Robotics event over the weekend, the division will live ins…
Facebook launches petition feature, its next battlefield: Josh Constine
Gather a mob and Facebook will now let you make political demands. Tomorrow Facebook will encounter a slew of fresh complexities with the launch of Community Actions, its News Feed petition feature. Community Actions could unite neighbors to request change fr…
The AI market is growing, but how quickly is tough to pin down: Holden Page
If you work in tech, you’ve heard about AI: how it’s going to replace us, whether it’s over-hyped or not and which nations will leverage it. Our interest? How much money is going into startups?
Stung by criticism, Facebook's Sandberg outlines new plans to tackle misinformation: Mike Butcher
Stung by criticism of its widely reported role as a platform capable of spreading disinformation and being used by state actors to skew democratic elections, Facebook’s COO Sheryl Sandberg unveiled five new ways the company would be addressing these issues at…
Technology's dark forest: Jon Evans
We used to be such optimists. Technology would bring us a world of wealth in harmony with the environment, and even bring us new worlds. The Internet would erase national boundaries, replace gatekeepers with a universal opportunity for free expression, and br…
The social layer is ironically key to Bitcoin's security: Galen Moore
A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren’t very many of us. The friends we’d convinced during the last holiday season were no longer speaking to us. They had stop…
TechCrunch Conversations: Direct listings: Arman Tabatabai
Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors…
Following a record year, Illinois startups kick off 2019 on a strong foot: Jason Rowley
Illinois’s startup market in 2018 was very strong, and it’s not slowing down. Let’s take a quick look at the state of venture in the Land of Lincoln.
Watch builders construct a life-size Chevy truck with 300,000 LEGO bricks: Brian Heater
Behold, the LEGO Chevrolet Silverado. The full-size truck is basically a giant ad for Chevy and the new LEGO Movie, which is due out in February. Apparently they have to fight Duplo blocks from outer space. No, seriously, that’s the plot. Anyway, the 2019 Sil…
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