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Amazon pegs COVID-19 costs at an estimated $4 billion next quarter

Amazon expec ts to incur $4 billion in COVID-related costs next quarter, an estimate that provides a bellwether for other businesses, large and small, trying to stay operational and control expenses a

WhatsApp is now delivering roughly 100 billion messages a day

WhatsApp, th e popular instant messaging app owned by Facebook, is now delivering roughly 100 billion messages a day, the company’s chief executive Mark Zuckerberg said at the quarterly earnings cal

PORTL Hologram raises $3M to put a hologram machine in every home

What does a hologram-obsessed entrepreneur do for a second act after setting up a virtual Ronald Reagan in the Reagan Memorial Library, or beaming Jimmy Kimmel all the way from Hollywood to the Countr

Tesla has increased the price of its ‘Full Self-Driving’ option to $10,000

Tesla has ma de good on founder and CEO Elon Musk’s promise to boost the price of its “Full Self-Driving” (FSD) software upgrade option, increasing it to $10,000 following the start

Polestar recalls its newest EV for the second time this month

Polestar, the electric vehicle brand that was spun out of Volvo Car Group, has issued another recall for its newest electric vehicle. The company is voluntarily recalling nearly 4,600 vehicles over wh

Corsair acquires EpocCam, a webcam app for iPhone

Corsair Gaming today announced that it has acquired EpocCam, the software developer behind the iOS software of the same name. It’s easy to see why the gaming company would be interested in such an a

Daily Crunch: Google had a good quarter

Google relea ses its latest earnings report, Spotify is getting ready to raise prices and Excel gets friendlier to custom data types. This is your Daily Crunch for October 29, 2020. The big story: Goo

PUBG Mobile to terminate access for users in India on October 30 following ban order

PUBG Mobile, the sleeper hit mobile game, will terminate all service and access for users in India on October 30, two months after New Delhi banned the game in the world’s second largest internet ma

Apple One services subscription bundles start launching tomorrow

Apple is lau nching its Apple One services bundle tomorrow, though the company’s workout service Fitness+ isn’t quite ready yet. On an earnings call today, CEO Tim Cook revealed tomorrow&#

Netflix is raising prices on most of its plans in the US

Time for another Netflix price hike! About a year and a half after the last price increase, Netflix is bumping up the cost for most of its monthly plans in the U.S. by one to two dollars. Here’s

Twitter revenue rises 14%, but user growth fails to impress

Twitter continued to see its total traffic rise in the third quarter, thanks to that trifecta of returning sports, the presidential campaign and the COVID-19 pandemic. But there wasn’t nearly en

Ad revenues and e-commerce boom boost Facebook earnings but US users down from COVID surge

Facebook rep orted its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. The company earned $2.71 in per-share profit during the three-month period. Analysts had

Why Apple’s Q4 earnings look different this year

On Thursday, Apple delivered a Q4 earnings beat but the stock slid anyway as wary investors saw worse than expected iPhone revenues. At the time of writing, stock was down around 5% in after-hours tra

Amazon crushes Q3 expectations even without Prime Day bump

Amazon has continued to reap the rewards of a society increasingly dependent on ecommerce — a trend further fueled by the COVID-19 pandemic. The company crushed analyst expectations Thursday, report

Comcast says Peacock has nearly 22M sign-ups

Comcast&#821 7;s latest earnings report includes some official user numbers for Peacock, the new streaming service from Comcast-owned NBCUniversal. Specifically, Comcast says that Peacock has received

Strong YouTube ad growth powers Alphabet to better-than-expected Q3

Today after the bell, Alphabet announced its Q3 performance. The Google parent company generated revenues of $46.2 billion and per-share profit of $16.40 off the back of net income of $11.2 billion. A

Google tests a helpful app comparison feature on Google Play

Google is te sting a new feature that could improve discovery for Android apps on Google Play. The company confirmed it’s experimenting with a “Compare Apps” option that would allow

Precursor Ventures promotes Sydney Thomas, its first hire, to principal

In 2019, onl y one Black woman was named partner in venture capital, according to All Raise, a nonprofit focused on accelerating female founders and investors. The data has shown, shows, and will cont

Google brings Halloween to life using augmented reality

There’ s an AR ghost on Google Search. There’s a dancing skeleton, set of creepy jack-o’-lanterns, and costumed cats and dogs, too. Ahead of Halloween weekend in the U.S., Google has

In the ‘buy now, pay later’ wars, PayPal is primed for dominance

Stephen Milbank Contributor Share on Twitter Stephen Milbank is the co-founder and Head of Global Strategic Partnerships at Button, a mobile commerce technology company that is powering a commerce-dri
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