• Apple’s cash on hand decreased for the first time in nearly two years

    Apple’s cash on hand decreased for the first time in nearly two years

    Apple just reported earnings for Q3 2016, and the company soundly beat analyst’s expectations. However, there was one number that we’re not used to seeing. Apple’s cash on hand actually decreased for the first time in seven quarters. Cash on hand this quarter amounted to $231.5 billion, which is down $1.4 billion from the $233 billion on hand at the end of Q2. As a… Read More

  • 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

  • Lifting children’s economic prospects through technology Crunch Network

    Lifting children’s economic prospects through technology

    In 2016, Forbes reported there were 159 technology billionaires, and four of the 10 richest people in the world made their money in the tech sector. We believe there are opportunities for these technology developers to play a differential role in philanthropy — one that brings together their ability to invest wisely and their acumen for using technology to change the world. Read More

  • Ava launches a wearable to help couples conceive

    Ava launches a wearable to help couples conceive

    Tracking your period, peeing on a stick and carrying around a thermometer have been the dominant technologies over the past 20 years to help families conceive. If it sounds outdated, that’s because it is. TechCrunch Disrupt Startup Battlefield alum Ava is hoping to change that with a wearable that helps couples pinpoint when a woman is in her fertile window and the time is right to… 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

  • Apple Music picks up Carpool Karaoke as a standalone series

    Apple Music picks up Carpool Karaoke as a standalone series

    So, here’s something I wasn’t expecting: Those Carpool Karaoke segments on James Corden’s Late Late Show are being turned into a standalone show — a show that’s been picked up by Apple Music. According to a number of stories in the Hollywood press, Apple will be airing 16 episodes, one each week, and they’ll be available worldwide through its subscription… Read More

  • Apple beats earnings expectations by a mile, and its stock is soaring

    Apple beats earnings expectations by a mile, and its stock is soaring

    Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenue of $42.4 billion and earnings of $1.42 per share. Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose more than 6% in extended trading. (6% might not feel like a… Read More

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