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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Dropbox really wants us to know its finances are healthy
 We’re healthy enough to IPO but we’re not going to just yet — that was the subtext of an interview that Dropbox CEO Drew Houston had on Bloomberg earlier this afternoon. Houston asserted, for the first time, Dropbox is profitable on an EBITDA basis.EBITDA or Earnings before interest, tax, depreciation and amortization is a financial metric typically used to compare businesses. Read More

Wed, 26 Apr 2017 22:30:26 +0000

The dark future of ‘The Handmaid’s Tale’ feels terrifyingly real
handmaids tale For the past few years, Hollywood has been enamored with dystopias pulled from young-adult fiction — stories like The Hunger Games and Divergent, where the evil government provides a structure for our heroes to rebel against, a set of villains for them to defeat. The Handmaid’s Tale is something else entirely. Read More

Wed, 26 Apr 2017 21:40:43 +0000

ChargePoint is ready for flying EVs
ChargePoint and Uber Elevate Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on flying vehicles, had partnered to prepare for just that exact scenario. Read More

Wed, 26 Apr 2017 20:51:25 +0000

PayPal shares up 7% after better-than-expected earnings
 PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More

Wed, 26 Apr 2017 20:24:00 +0000

Air Force launches bug bounty program
 The Air Force announced today that it will launch a bug bounty next month for several of its public-facing websites, allowing hackers to seek out vulnerabilities in the sites and exchange them for cash rewards. Read More

Wed, 26 Apr 2017 19:30:36 +0000