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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
GoPro sales beat investor expectations but still in steep decline
GoPro Omni Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10% in after-hours trading, but then were down 3% as investors dug through the earnings release. And then they were back up at about 3%.   The company posted revenue of $220.7 million, above analyst forecasts of $194 million. Adjusted earnings per share was negative 52 cents, when… Read More

Wed, 27 Jul 2016 20:16:05 +0000

Facebook crushes Q2 earnings, hits 1.71B users and record share price
Facebook Users Q2 2016 Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.This is… Read More

Wed, 27 Jul 2016 20:08:16 +0000

AR in Mercedes-Benz’s Rescue Assist app gives first responders an inside look
Mercedes-Benz Rescue Assist App ;Mercedes-Benz Rescue Assist App; Mercedez-Benz has been putting QR codes on the B-pillars and inside the fuel door of new cars since November 2013, and those have provided a way for first responders and emergency personnel to quickly get detailed model info about any Mercedes-Benz vehicle involved in an accident using the Rescue Assist mobile app. Now, an update brings 3D imagery, as well as augmented reality, to the… Read More

Wed, 27 Jul 2016 19:50:59 +0000

Tor Project announces new policies in wake of sexual assault scandal
Tor browser Nearly two months ago, the Tor Project promised a full investigation into the sexual assault allegations that led to the resignation of one of its lead developers, Jacob Appelbaum. That investigation is now complete, Tor’s executive director Shari Steele announced today, and the Tor Project is implementing new policies and procedures to prevent future incidents.Although rumors about… Read More

Wed, 27 Jul 2016 18:58:11 +0000

Donald Trump irresponsibly asks Russia to find Hillary Clinton’s missing emails
Republican presidential nominee Donald Trump speaks at a campaign event at Trump Doral golf course in Miami, Florida, U.S., July 27, 2016.  REUTERS/Carlo Allegri Republican presidential nominee Donald Trump wants to steal some of the Democratic Party’s spotlight during the Democratic Convention with yet another puzzling declaration. At a press conference in Florida today, Trump invited Russia (yes, the entire country of Russia) to hack into Hillary Clinton’s inbox and release “the 30,000 e-mails that are missing.” Read More

Wed, 27 Jul 2016 18:07:57 +0000