“5G is a once-in-a-decade kind of opportunity,” Tim Cook told the media during the Q&A portion of Apple’s Q3 earnings call. “And we could not be more excited to hit the market exactly when we did.” The truth of the matter is its timing was a mixed bag. Apple was, by some accounts, late to […]

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The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three — Amazon, Microsoft and Google — all reported their numbers and, as expected, the news was good, with […]

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Amazon expects to incur $4 billion in COVID-related costs next quarter, an estimate that provides a bellwether for other businesses, large and small, trying to stay operational and control expenses amid the pandemic. The upshot: Amazon is planning for COVID to remain an unwelcome companion through the end of the year with costs higher than […]

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In its latest quarterly financial report, Spotify announced that it had crossed 320 million active monthly users. That marks a 29% growth for the quarter, coming on the heels of what seems to be a rather successful launch into the Russian market. Of that number, it now counts 144 million paid users — a 27% […]

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Amazon has continued to reap the rewards of a society increasingly dependent on ecommerce — a trend further fueled by the COVID-19 pandemic. The company crushed analyst expectations Thursday, reporting net income of $6.3 billion in the third quarter, or $12.37 per diluted share, compared with $2.1 billion in net income, or $4.23 per diluted […]

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Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars in India, offline retail still commands more than 95% of all sales in the world’s second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the country, and in recent quarters scrambled for ways […]

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The other day we announced the first ten sessions for Sight Tech Global, a virtual event Dec. 2-3 that is convening the world’s top technologists to discuss how AI-based technologies are revolutionizing the future of accessibility. Today, we’re pleased to announce three additional sessions. Registration is free and and open now. Designing for everyone: Accessibility […]

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Audible, the Amazon-owned audiobook company, is further expanding into podcasts with the addition of approximately 100,000 of podcasts, totaling 5 million episodes to its service. The shows will be offered for free streaming to Audible members and non-subscribers alike, Audible says. Included in the new lineup are top podcasts like Pod Save America, You’re Wrong […]

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Amazon is the biggest online retailer in Europe, and today it took the next step in making that effort more localized. The company has launched a dedicated portal for Sweden at Amazon.se — giving Swedish shoppers, third-party merchants and itself a local URL — and a local logistics system, and a local marketing push — […]

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It’s been a busy few weeks for the smart home race. Amazon, Google and Apple have all announced new smart speakers aimed at — among other things — cementing their respective positions at the center of users’ connected households. Adding onto the introduction of a whole bunch of new Echo devices, Amazon is also improving […]

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Last fall, social analytics startup SocialRank sold its product and business to Trufan, allowing the team to focus on something new: a professional social network. Today, they’re officially unveiling Upstream to the public. To be clear, CEO Alex Taub told me that he’s not trying to replace LinkedIn — he acknowledged that thanks to network effects,”If you […]

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Panoply, a platform that makes it easier for businesses to set up a data warehouse and analyze that data with standard SQL queries, today announced that it has raised an additional $10 million in funding from Ibex Investors and C5 Capital. This brings the total funding in the San Francisco- and Tel Aviv-based company to […]

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Reliance Retail, India’s largest retail chain, said on Sunday evening that its proposed deal to acquire Future Group’s assets for a whopping $3.4 billion — against which Amazon has filed a legal proceeding — is fully enforceable under the Indian law and it intends to complete the deal “without any delay.” Mukesh Ambani’s firm issued […]

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Flipkart is acquiring a 7.8% stake in Aditya Birla Fashion as the Walmart-owned Indian e-commerce firm makes a further push into the apparel category in one of the world’s largest retail markets. The e-commerce group will pay $203.8 million for its stake in Aditya Birla Fashion and Retail, a conglomerate that operates over 3,000 stores, […]

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In memory of the death of Quibi, here’s a quick sendoff from four of our writers who came together to discuss what we can learn from Quibi’s amazing, instantaneous, billions-of-dollars failure. Lucas Matney looks at what the potential was for Quibi and how it missed the mark in media. Danny Crichton discusses why billions of […]

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New numbers from Canalys point to a strong growth in smart speaker shipments in Mainland China this year. The market is on track to grow in 2020, having gotten the COVID-19 pandemic mostly under control in recent months. The rest of the world — much of which continues to struggle with the virus — is […]

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Six years ago, Amazon essentially created a new consumer electronics category. Expectations weren’t particularly high when the first Echo device debuted in November of 2014. Amazon, after all, has never shied away from throwing a new device against the wall to see what sticks — if anything, that’s become a defining characteristic of the last […]

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Amazon is now offering Prime members one-hour grocery pickup at all Whole Foods Market locations across the U.S., the company announced this morning. Prime members can use the Amazon app or website to place orders from the Whole Foods Market tab to shop, then select their one-hour pickup window at checkout on orders of $35 […]

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The world of distributed computing took on a new profile this year when Folding@home, a 20-year-old distributed computing project, found itself picking up thousands of new volunteers to help COVID-19 researchers generate more computing power to fold proteins and run other calculations needed for screening potential drug compounds to fight the novel coronavirus. Today, a […]

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Google faces a big antitrust suit, Amazon offers to pay customers for shopping data and we review the iPhone 12. This is your Daily Crunch for October 20, 2020. The big story: DOJ files antitrust suit against Google The suit accuses Google of “unlawfully maintaining monopolies in the markets for general search services, search advertising, […]

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Netflix plans to give users in India access to its service at no charge for a weekend as part of a test to expand its reach in the country, a top company executive said Tuesday. The American streaming giant, which today reported slow user growth for the quarter that ended in September, recently stopped offering […]

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Amazon has launched a new program that directly pays consumers for information about what they’re purchasing outside of Amazon.com and for responding to short surveys. The program, Amazon Shopper Panel, asks users to send in 10 receipts per month for any purchases made at non-Amazon retailers, including grocery stores, department stores, drug stores and entertainment […]

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After investigating Google for more than a year, the Justice Department has finally issued its antitrust lawsuit against the search giant, alleging that the company is “unlawfully maintaining monopolies in the markets for general search services, search advertising, and general search text advertising in the United States.” The full suit is here. It cites Section […]

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It’s been a busy few weeks for smart speakers. Amazon kicked things off in late September with newer, rounder versions of both the Echo and Echo Dot. Less than a week later, Google updated the Home, after four years, with the rebranded Nest Audio. And then, last week, Apple unveiled the long-awaited $99 HomePod Mini, […]

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Extended warranties — those offers to add an extra year or two to an existing product warranty to give you a little more peace of mind in case something goes wrong with something you’ve purchased — have long been a part of the sales process when you’re buying big-ticket items from large stores. Today, a […]

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Sit quietly for a moment and pay attention to the different sounds around you. You might hear appliances beeping, cars honking, a dog barking, someone sneezing. These are all noises Cochlear.ai, a Seoul-based sound recognition startup, is training its SaaS platform to identify. The company’s goal is to develop software that can identify almost any […]

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The South Korean government has made no secret of its ambition to be a key player in the global artificial intelligence industry, including making the semiconductors powering AI functionalities. This week, the country’s information and communications technology regulator announced plans to develop up to 50 types of AI-focused system semiconductors by 2030, Yonhap News Agency […]

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Apple today introduced a new feature designed for use with its HomePod speakers, including its just-introduced HomePod Mini: Intercom. Similar to Alexa’s “announce” feature, Intercom will allow HomePod owners to leverage their smart speakers — and other Apple devices — to communicate with all family members at once. The feature will make the most sense […]

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Apple reveals the $99 HomePod Mini

  • Oct 13, 2020

Today, during its iPhone hardware event, Apple unveiled the $99 HomePod Mini. The HomePod Mini is clearly a reach for a broader swath of new users. The original HomePod managed to impress audiophiles but its high price served as a high barrier of entry to new users looking for a new smart speaker. Complicating that […]

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After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. The new funding came from previous investor Kaszek Ventures and new lead investor Qualcomm, with […]

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