Finance

  • iPhone, iPad and Mac sales are down, but Apple only cares about services now

    iPhone, iPad and Mac sales are down, but Apple only cares about services now

    Apple just reported its Q3 2016 earnings, and investors are sending its stock through the roof. While the company managed to beat analysts’ expectations, Apple is selling less iPhones, iPads and Macs than last year during the same period. The long period of endless growth on all product lines is definitely over. Read More

  • IPO on horizon, subprime lending startup Elevate adds $545M in credit from Victory Park Capital

    IPO on horizon, subprime lending startup Elevate adds $545M in credit from Victory Park Capital

    With an IPO on the horizon, subprime lender Elevate will have an additional $545 million credit faculty to support its growing customers. Elevate’s niche right now is providing loans to borrowers with creditscores between 575 and 625. As the company expands, it wants to provide loans to customers with even lower credit-scores. Ken Rees, CEO of Elevate, is quick to note that 65 percent… Read More

  • Tinder subscriber growth disappoints Match investors

    Tinder subscriber growth disappoints Match investors

    Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year. The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More

  • Some last-minute thoughts about Apple’s earnings

    Some last-minute thoughts about Apple’s earnings

    In about an hour, Apple will announce its quarterly earnings. So you’ll soon be able to read all about it on TechCrunch as we have a team ready to look at all these numbers and find out if they’re moving up or down. But I’m going to use this opportunity to give you a few thoughts about what’s going to happen and what you should look for. Read More

  • N26 launches its investment product in Germany

    N26 launches its investment product in Germany

    A few days after announcing its banking license, N26 (formerly known as Number26) is partnering with fellow German fintech startup vaamo to add a new service to its banking offering with its first investment product for German customers. vaamo manages different portfolios of risky and not-so-risky assets thanks to robo-advisors so that you don’t have to micro-manage these portfolios. Read More

  • A Florida judge has ruled that Bitcoin isn’t money

    A Florida judge has ruled that Bitcoin isn’t money

    Ever since it moved into the mainstream Bitcoin has had a bit of an identity crisis. Mainly because no one is really sure whether it should be considered money or property. The IRS says it’s property for tax purposes, the Commodity Futures Trading Commission says it’s a commodity, and most Bitcoin advocates like to say it’s the world’s most advanced… Read More

  • Apple will sell limited edition Apple Watch bands for the Olympics as sales stall

    Apple will sell limited edition Apple Watch bands for the Olympics as sales stall

    Are you ready for the performance-enhancing drugs TV special called the Olympic Games? It looks like Apple is ready for the marketing branding extravaganza as the company is releasing limited edition bands for the Apple Watch. GQ first spotted these new bands. Unfortunately, you’ll have to book a flight to Rio to buy one. Read More

  • Coinbase is adding support for Ethereum

    Coinbase is adding support for Ethereum

    Since Coinbase was founded in 2012, hundreds if not thousands of Bitcoin competitors (typically referred to as alt-coins) were created. But Coinbase ignored the noise and remained focused on supporting just one currency – Bitcoin. But today that changes, as Coinbase is announcing that they are adding site-wide support for Ethereum, a digital currency with a built in programming… Read More

  • Amazon Prime’s latest perk is discounted student loans

    Amazon Prime’s latest perk is discounted student loans

    Amazon Prime is known for its 2-day shipping service and other perks, like free movies and TV shows for streaming through Prime Video and unlimited photo storage, among other things. But now you can add another benefit to the growing selection of perks that come with being a Prime customer: student loan discounts. Wells Fargo and Amazon announced this morning plans to offer Amazon Prime… Read More

  • India’s Mywish Marketplaces raises $15M to expand to new financial products

    India’s Mywish Marketplaces raises $15M to expand to new financial products

    Fintech companies are beginning to make a significant impact to how people live in Asia. Mywish Marketplaces, one of the more mature startups in what is admittedly a very broad sector, has raised $15 million to push its financing business into new areas. Read More