Alex Wilhelm

Alex Wilhelm

Alex Wilhelm is a writer for TechCrunch. He lives in San Francisco.

Disclosure: I own a minor quantity of shares in AOL, the parent company of TechCrunch, that were purchased through the firm's employee share purchase program. My 401k and other accounts are invested into diversified global funds that include both equities and bonds. I own no other individual shares in companies, either private or public. I'm currently dating someone who works for a Google subsidiary.

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  • Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft took an axe to another slice of its employees today, cutting around 3,000 jobs according to Mary Jo Foley. TechCrunch heard through a separate source that the layoffs were imminent, but was not able to confirm their size. The company released a short statement indicating that it has nearly wrapped “all [of] the 18,000 reductions announced [it] in July.” Today’s… Read More

  • Baidu Posts Mixed Q3 Earnings, Sending Its Shares Sideways

    Baidu Posts Mixed Q3 Earnings, Sending Its Shares Sideways

    Today Baidu reported its third-quarter financial performance, including revenue of $2.203 billion and GAAP earnings per share of $1.79. The market had expected the Chinese company to earn $1.69 per share on revenue of $2.22 billion. Excluding the costs of share-based compensation, Baidu earned $1.90 per share (non-GAAP). The company, which fell nearly 2 percent in regular trading, is off… Read More

  • Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia’s shares are down in after-hours trading following the company’s third quarter earnings report that included in-line losses, and a revenue disappointment. The company lost $0.08 per share on a non-GAAP basis in the period from revenue of $67.1 million. Investors had expected the $0.08 per-share loss, which works out to a deficit of $2.8 million but had expected revenue… Read More

  • MobileIron Spikes 5% After Reporting Better Than Expected FQ3 Revenue, Lower Than Expected Loss

    MobileIron Spikes 5% After Reporting Better Than Expected FQ3 Revenue, Lower Than Expected Loss

    MobileIron is having a strong after-hours session, after it reported its fiscal third quarter financial performance, including non-GAAP revenue of $33.7 million, GAAP losses per share of $0.20, and non-GAAP losses per share of a more modest $0.15. The market had expected the mobile device management company to lose $0.25 per share. The company’s results were a beat on that metric. Why… Read More

  • Comcast Agrees To $50M Settlement In Overcharging Case

    Comcast Agrees To $50M Settlement In Overcharging Case

    Comcast has agreed to a $50 million settlement to a case regarding customers in the Philadelphia area. The lawsuit was filed more than a decade ago. Comcast continues to deny the allegations. The original case failed before the Supreme Court, leading to a reduction in its scale. The $50 million includes a $16.7 million cash amount, and $33.3 million in “Settlement Credits” that… Read More

  • Apple Closes At New All-Time High Of $106.74

    Apple Closes At New All-Time High Of $106.74

    Slight amendment: Apple closed today at an all-time split-adjusted high. The company traded for a higher per-share price before its split, but today marks Apple’s highest close since its 7:1 share exchange. The company traded in the low 90s following the split, putting its current value up more than 10 percent since the division. Apple ended today worth $618.97 billion, according to… Read More

  • The FTC Sues AT&T Over ‘Unlimited’ Data Claims

    The FTC Sues AT&T Over ‘Unlimited’ Data Claims

    The Federal Trade Commission (FTC) is suing AT&T for having “misled” millions of customers who purchase “unlimited” data plans for their phones, only to have the carrier later drastically reduce the amount of information they could access. According to the FTC’s complaint, AT&T throttled millions of customers tens of millions of times, sometimes after… Read More

  • Nexmo Announces Verify, An API To Help Developers Confirm Users’ Phone Numbers

    Nexmo Announces Verify, An API To Help Developers Confirm Users’ Phone Numbers

    Nexmo, a company that sells telecom services to developers, announced an early release of its new product ‘Verify’ today, a tool to help apps confirm the phone numbers, and therefore verify the identity of their users. Verify will formally launch in November, but developers can take part in an early-release program if they are in a hurry. Read More

  • Apple CEO Tim Cook: Apple Pay Activated 1M Cards In 72 Hours

    Apple CEO Tim Cook: Apple Pay Activated 1M Cards In 72 Hours

    This evening at a Wall Street Journal technology conference, Apple CEO Tim Cook said that in its first 72 hours, Apple Pay activated 1 million cards. That figure indicates that Apple Pay is picking up traction outside of the technology, early-adopter set. Apple Pay competes with rival offerings from Google, among others, alongside traditional payment methods. Paying for goods with your… Read More

  • Twitter Has No Short-Term Plans To Monetize Vine

    Twitter Has No Short-Term Plans To Monetize Vine

    Twitter has no short-term plans to monetize Vine, a social product that it purchased in its infancy. The information was shared during the company’s earnings call, following a quarterly financial report that included stronger-than-expected third-quarter performance but soft guidance and user growth that investors found troubling. Twitter is down more than 10 percent in after-hours trading. Read More

  • Twitter Beats In Q3 With Revenue Of $361M, But Slowing User Growth Drags Its Shares Down 8%

    Twitter Beats In Q3 With Revenue Of $361M, But Slowing User Growth Drags Its Shares Down 8%

    Following the bell, Twitter reported its third-quarter financial performance, including revenue of $361 million and earnings per share, on a non-GAAP basis, of $0.01. The street had expected Twitter to report adjusted profit of $0.01 per share on revenue on $351.35 million. Twitter, which broke from the market by falling nearly 3 percent in regular trading, is down sharply following its… Read More

  • Buffer Wants To Raise $3.5M At A $60M Valuation — Here’s The Term Sheet

    Buffer Wants To Raise $3.5M At A $60M Valuation — Here’s The Term Sheet

    Buffer, a social media management company, is raising a $3.5 million Series A round of capital. Most of the money will go to its founders and some early employees. $1 million of the total will be afforded to operations. To date, Buffer has raised $400,000. Buffer, which has monthly revenue of just under $400,000, is profitable. The company wants to have enough cash in the bank to survive any… Read More

  • Microsoft Adds Unlimited OneDrive Storage To All Office 365 Accounts

    Microsoft Adds Unlimited OneDrive Storage To All Office 365 Accounts

    This morning, Microsoft announced that all Office 365 accounts will come with unlimited OneDrive storage. Gone are the 1 terabyte caps that were recently introduced. If you pay for Office, your storage is free. It’s a good, if not surprising, move from Microsoft: The company has worked to improve the value profile of its Office 365, productivity-as-a-service offering for some time. Read More

  • About That Microsoft Quarterly Report

    About That Microsoft Quarterly Report

    Microsoft’s first quarter of its fiscal 2015 was big. The fiscal quarter, corresponding to the calendar third of 2014, brought stronger than expected revenue and profit. The company’s cloud business continued to grow, Windows Phone put points on the board, Surface took off and Office 365 picked up a grip of new paying users. Read More

  • Sundar Pichai’s Ascension At Google Could Herald New Platform Unification

    Sundar Pichai’s Ascension At Google Could Herald New Platform Unification

    In a sweeping transfer of power, Google CEO Larry Page will bequeath operational leadership of a host of core products to his lieutenant Sundar Pichai. Pichai, a well-known Google executive, will add control of Google+, search, maps, infrastructure and ads to his portfolio, which already includes Chrome’s browser and operating system efforts, Google Apps and Android. Read More

  • Amazon Tanks 10% After Reporting Larger Than Expected Third Quarter Loss

    Amazon Tanks 10% After Reporting Larger Than Expected Third Quarter Loss

    Amazon reported lower than expected revenue in its third quarter, and a larger than expected loss. Analysts expected the company to lose $0.74 on revenue of $20.84 billion. Instead, Amazon lost $0.95 per share on revenue of $20.58 billion. That per-share loss works out to a net loss for the firm of $437 million. Read More

  • Microsoft Up 3% After Reporting Better Than Expected FQ1 Revenue Of $23.20B, EPS Of $0.54

    Microsoft Up 3% After Reporting Better Than Expected FQ1 Revenue Of $23.20B, EPS Of $0.54

    After gaining more than 1 percent in regular trading, Microsoft reported its fiscal first quarter 2015 earnings: Revenue totaled $23.20 billion in the period, leading to profits of $0.54 per share. The revenue figure represents a 25 percent year-over-year increase, a large piece of which is due to the Nokia hardware acquisition. Read More

  • Surface Revenue, Redux

    Surface Revenue, Redux

    In about an hour, Microsoft will release the results of its most recent quarter, the first quarter of its fiscal 2015. The company is expected to report revenue of $22 billion, and earnings per share between $0.49 and $0.55, depending on which set of averaged estimates you trust. That will all come shortly. For now, let’s talk about Surface. Read More

  • Apple’s Huge Q4: $42.1 Billion In Revenue, $8.5 Billion In Profit

    Apple’s Huge Q4: $42.1 Billion In Revenue, $8.5 Billion In Profit

    Today after the bell, Apple reported its fiscal fourth quarter financial performance, including revenue of $42.1 billion, and earnings per share of $1.42. Analysts had expected Apple to report profit of $1.31 per share, on revenue for the period of $39.85 billion. During the fiscal quarter, Apple had net profit of $8.5 billion, up 13.3% from $7.5 Billion in the same quarter last year. Compared… Read More

  • Here’s What You Need To Know From Microsoft’s Cloud Event

    Here’s What You Need To Know From Microsoft’s Cloud Event

    Today in San Francisco, Microsoft’s CEO Satya Nadella and his lieutenant Scott Guthrie detailed the status of their company’s cloud efforts, breaking out a few growth metrics, and announcing several new features that they hope will spur growth. Microsoft is hellbent to be a winner in the cloud space. With self-claimed $4.4 billion in yearly cloud run rate  — expect a… Read More