Daily Crunch: Apple beats Q3 expectations

Apple has a strong quarter despite coronavirus, Impossible Foods is coming to Walmart and NASA launches a new Mars rover. Here’s your Daily Crunch for July 30, 2020. The big story: Apple beats Q3 expectations Apple’s latest earning report suggests that the company is thriving despite COVID-19, with revenue of …...Read More

Lyft expands its rental business with Sixt partnership

Lyft continues to expand beyond its core ride-hailing business into bikes, scooters, transit and now rental cars. The company said Thursday that it’s taking Lyft Rentals, a pilot program that launched in December, and expanding it through a partnership with Sixt. Lyft Rentals initially gave folks in Los Angeles and …...Read More

Apple says next iPhones will launch later than usual

Users gearing up to buy the latest iPhones are going to have to wait longer than they did last year. In a call following the release of Apple’s Q3 earnings, the company’s CFO Luca Maestri shared that compared to the September 2019 release of iPhone 11 models, Apple is expecting …...Read More

Big tech crushes Q2 earnings expectations

Today after the bell, Apple, Alphabet, Facebook and Amazon reported their earnings results. Each bested expectations, and all but one are up sharply in after-hours trading. Coming on the heels of a day’s worth of congressional hearings in which the four companies highlighted competition and downplayed their market position, the …...Read More

Apple smashes Q3 revenue expectations despite pandemic

COVID-19 isn’t keeping Apple down. The company smashed Wall Street expectations, delivering Q3 revenue of $59.69 billion, beating down the $52.25 billion analysts had expected. The company also announced earnings per share of $2.58 compared to Wall Street expectation of $2.04 EPS. Despite the coronavirus pandemic, Apple’s overall revenue was …...Read More

Starship SN5 completes engine test - short, low-altitude flight test to follow ‘soon’ says Elon Musk

The sixth full-scale testing prototype of SpaceX’s Starship has successfully completed a key static fire test of its Raptor engines, according to SpaceX founder and CEO Elon Musk . The so-called “SN5” Starship prototype is now ready to move on to a 150m (nearly 500 feet) short-duration flight test, which …...Read More

Atlassian acquires asset management company Mindville

Atlassian today announced that it has acquired Mindville, a Jira-centric enterprise asset management firm based in Sweden. Mindville’s more than 1,700 customers include the likes of NASA, Spotify and Samsung. With this acquisition, Atlassian is getting into a new market, too, by adding asset management tools to its lineup of …...Read More

CBS All Access adds 3,500 new episodes before rebranding in 2021

ViacomCBS has announced a significant expansion to its streaming library, with the addition of more than 3,500 episodes of shows like “Avatar: The Last Airbender,” “Chapelle’s Show” and “Laguna Beach.” Viacom and CBS were previously merged, then separated, then most recently merged again, and the additional content comes from across …...Read More

Don’t miss today’s Startup Alley Ask Me Anything Session at 1pm PT

Today’s the day for all you early-stage startup founders to learn everything you’ve always wanted to know about Startup Alley but were afraid to ask (10 points if you get that pop culture reference). We’re live-streaming an Ask Me Anything session from the TechCrunch LinkedIn page today at 4 p.m. …...Read More

America’s cheapest electric vehicles are coming courtesy of Chinese automaker Kandi

Chinese electric vehicle and parts manufacturer Kandi Technologies Group is officially bringing two EVs to the United States through its subsidiary Kandi America — news that has prompted run up in its share price in the past day. Kandi shares opened at $3.88 a share on Wednesday, jumping to $16.51 …...Read More