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Peloton raises $550M at a valuation of $4 billion

Peloton today announced its Series F funding of $550 million. That brings the total amount raised, according to CrunchBase, to $994.7 million. According to the announcement, this round puts Peloton’s valuation at $4 billion — it was just last May the company hit unicorn status.TCV led the round with other ...

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The greedy ways Apple got to $1 trillion

For being the richest company ever with $243 billion in cash, Apple sure cuts corners in the stingiest ways. The hardware giant became the first trillion-dollar company week. Yet it’s tough to reconcile Apple earning $11 billion in profit per quarter with it still screwing us over on cords and ...

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Apple is worth over $1,000,000,000,000

It happened. Apple won the race to $1 trillion in market capitalization. Following this week’s earnings release, Apple shares (NASDAQ:AAPL) briefly traded at $207.05, which values the company sightly over $1 trillion based on the most recent share count of July 20. While the smartphone market is more or less ...

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Huawei overtakes Apple in smartphone shipments

Chinese smartphone manufacturer Huawei is now the second biggest smartphone manufacturer in the world according to new reports from IDC and Canalys, as The Verge initially spotted. In IDC’s latest report, the firm says that the overall market has shrunk by 1.8 percent in Q2 2018. But the biggest surprise ...

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I, for one, welcome our robotic ukulele overlords

It is unclear where the UkuRobot came from and where it will go once it is done with humanity but I fear that it is up to no good. Look at this robot: small, compact, infinitely complex. Its fretting system stares at us, gimlet -eyed, while the plucking system continues ...

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This is the leaked DJI Mavic 2 drone

This is the leaked DJI Mavic 2 drone – TechCrunch Here is the DJI Mavic 2 before you’re supposed to see it. Just like the original, it’s a small, foldable drone with amazing capabilities. This time around, there will be two different versions, the Zoom and the Pro, though both ...

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