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Microsoft shares rise after it beats revenue, profit expectations, Azure posts 62% growth

Today Microsoft reported its fiscal 2020 second quarter (calendar Q4 2019) results, including revenue of $36.9 billion (up 14%), net income of $11.6 billion (up 38%), and diluted earnings per share of

Facebook hits 2.5B users in Q4 but shares sink from slow profits

Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users, up 2%, from 2.45 billion in Q3 2019 when it grew 1.65%, and it

Self-driving company Waymo teams up with UPS for package delivery

Waymo will start delivering parcels for UPS using its self-driving Chrysler Pacifica minivans in Phoenix as part of a broader partnership with the shipping and logistics company. The companies said We

UCSD hospital gets a drone delivery program powered by Matternet and UPS

Drone delivery may not make a lot of sense for food or parcel delivery yet, but for hospitals it could be a lifesaver. A new test program is being inaugurated at UC San Diego’s Jacobs Medical Ce

Stanford’s Doggo quadrupedal robot and siblings Pupper and Woofer are coming to TC Sessions: Robotics+AI

Animal-like, four-legged robots have been a crowd pleaser since Boston Dynamics’ BigDog, and Stanford’s Doggo shows how the technology can be made open source, accessible, and educational.

After sale to Ford, Spin charges ahead with plans to scale up

Electric scooter startup Spin was long considered to be a bit of an underdog in the micromobility space. Before selling to Ford, Spin had raised just $8 million, while competitors Lime and Bird had ra

Verkada raises $80M at $1.6B to be every building’s security OS

Fifty iPads were stolen from Verkada co-founder Hans Robertson’s old company. Only when they checked the security system did they realize the video cameras hadn’t been working for months.

Lyft confirms 90 layoffs as it targets profitability

Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with the company

Google Nest begins testing HVAC alerts, partners with Handy for booking service calls

Google’s Nest is testing a new feature that will alert you to potential HVAC issues and even help you book an HVAC professional to fix it, thanks to a partnership with Handy. The company says th

Xplore teams up with Nanoracks for commercial deep space exploration

Mostly when we talk about commercial space, and space startups, the focus is relatively close to home — stretching to orbit, and maybe the Moon. But Seattle-based startup Xplore wants to extend

GoFundMe CEO Rob Solomon is stepping down, will be replaced by Tim Cadogan, CEO of OpenX

A significant changing of the guard is underway at GoFundMe, the popular charitable and causes-based online giving platform that has generated $9 billion from 120 million donations globally to date. T

Coinbase poaches Google Shopping VP as CPO for cryptocommerce

“We’re trying to shift cryptocurrency from this speculative asset class to driving real-world utility,” Coinbase CEO Brian Armstrong tells me. How? Through commerce and micropayments

Microsoft takes wraps off $40M ‘AI for Health’ initiative

When the topics of Microsoft and global health overlap, one tends to think about the Gates Foundation, but the company itself is doing good work along these lines as well. The latest such effort is AI

Rivian is building Lincoln an all-electric vehicle

Lincoln Motor’s first all-electric vehicle is coming from Rivian . Lincoln, the luxury brand under Ford, said Wednesday the two companies will work together to develop an “all-new” e

Daily Crunch: Apple reports better-than-expected revenue

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Aurora can now give the public rides in its self-driving cars

Aurora has been given permission by California regulators to transport passengers in its self-driving vehicles, TechCrunch has learned. The California Public Utilities Commission granted Aurora a pe

HBO Max investment hits AT&T’s revenue in Q4 to the tune of $1.2B

AT&T’s revenue took a hit in the fourth quarter as the company gears up for the launch of WarnerMedia’s new streaming service, HBO Max, due to arrive this May. The WarnerMedia division

Tracking corporate venture capital’s rise over the past decade

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. It’s been a busy decade in the venture capital world. Ten years ago there w

Google’s Area 120 launches Tangi, a short-form video app focused on creativity and DIY

The latest project to emerge from Google’s in-house incubator, Area 120, takes the newfound interest in short-form video and focuses it on the DIY space. The company today is launching a short v

48 hours left on early-bird pricing to TC Sessions: Robotics + AI 2020

Just two days stand between you and serious savings on tickets to TC Sessions: Robotics + AI 2020. This annual day-long event draws the most innovative and visionary technologists, researchers and inv
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