Day-to-day Crunch: Uber reviews big losses and slowing reveal

Day-to-day Crunch: Uber reviews big losses and slowing reveal

The Day-to-day Crunch is TechCrunch’s roundup of our perfect and important stories. In case you’d elevate to safe this brought to your inbox day by day at round 9am Pacific, that you just may perchance per chance even subscribe right here.

1. Uber misplaced extra than $5B last quarter

Uber reported earnings for the 2d time as a public firm, posting its greatest-ever quarterly loss. And whereas income grew 14% three hundred and sixty five days-over-three hundred and sixty five days, that additionally sparked concerns over (relatively) gradual reveal.

The firm’s stock took a nostril-dive of eleven% in after-hours shopping and selling following the guidelines.

2. HarmonyOS is Huawei’s Android different for smartphones and dapper dwelling units

After months of conflicting statements from executives, Huawei has officially unveiled HarmonyOS, a dispensed operating machine developed to energy smartphones, laptops and dapper dwelling units because the firm makes an strive to diminish its reliance on American firms.

Three. Apple expands its trojan horse bounty, will increase maximum payout to $1M

Apple is at last giving security researchers one thing they’ve wished for years: a macOS trojan horse bounty.

GettyImages 142420587 1

Hustle and bustle of Indian roads round monument of Charminar in Hyderabad, India.

four. India’s Lendingkart raises $30M to wait on shrimp companies safe admission to working capital

Lendingkart Finance has issued over 60,000 loans to extra than fifty five,000 shrimp and medium-sized enterprises in 1,300 cities at some stage in India. The startup says this can even impartial exercise the fresh capital to widen its lending fluctuate and accumulate fresh clients.

5. This startup is serving to food app provide workers initiating their very beget damn provide companies

Dumpling’s goal is to turn as of late’s provide workers into “solopreneurs” who form their very beget e-book of clients and withhold mighty extra of the money.

6. The smartwatch class is rising, as Apple remains dominant

The factual info for smartwatches is that the class continues to develop — however the numbers initiating to gaze much less rosy while you occur to keep conclude Apple out of the equation. (Extra Crunch membership required.)

7. Quantum computing is coming to TC Sessions: Challenge on Sept. 5

Joining us onstage will be Microsoft’s Krysta Svore, who leads the firm’s quantum efforts; IBM’s Jay Gambetta, the fundamental theoretical scientist within the aid of IBM’s quantum computing effort; and Jim Clarke, the director of quantum hardware at Intel Labs.

Read More

August 14, 2019

Paper Post brings the top and important news from the top news media of the world. You can send us any local news & we will verify and publish it. We believe that our earth is for everyone & if you want to make it better  for everyone then write & help us.