• Crunch Report | First Hyperloop Will Be Built in UAE

    It’s looking like the first Hyperloop will be built in the UAE, Facebook is testing a job openings feature, Tesla plans to increase manufacturing automation by acquiring Grohmann Engineering, LeEco is hopeful that it can put the company’s finances back on track and Uber rival Karhoo shuts down. All this on Crunch Report. Read More

  • Finding financial health in the gig economy Crunch Network

    Finding financial health in the gig economy

    So, you’re cruising down the highway with your latest fare, making money whenever you choose to turn on your engine. But that 1099 economy you’re so fond of should come with a warning: Steep Drop-off Ahead. Why? Because with the gig economy comes an entire set of income volatility issues — and if you’re not being smart about it, the state of your financial health could… Read More

  • Alibaba’s Ant Financial raising new funding at $60B valuation ahead of IPO

    Alibaba’s Ant Financial raising new funding at $60B valuation ahead of IPO

    Ant Financial, the Alibaba affiliate that manages hugely popular payments service Alipay, is raising a new round of financing that could value the company as high as $60 billion ahead of a much-speculated public listing. Read More

  • Credit Sesame Brings Your Credit Score To The iPhone. For Free.

    Credit Sesame Brings Your Credit Score To The iPhone. For Free.

    Personal finance service (and TechCrunch Disrupt alum) Credit Sesame is launching its first mobile application today which gives users instant access to their current financial standing and their credit score. For free. And I don’t mean “free” as in free, but if you don’t read the fine print we’ll sign you up for our monthly service. I mean free as in free. Read More

  • Samsung Component Sales "Flat"

    Samsung, the former Korean powerhouse, has been busy suing Apple and now we probably know why: their LCD sales are flat and they are attempting to combine their LCD and semiconductor business to reduce accounting loss. Rumor has it that Apple is reducing their dependence on Samsung in the future, another potential problem for the beleaguered company. Read More

  • Tech stocks are on the fast train down

    The financial crisis is hitting the technology sector hard. Apple (AAPL) is down 18 percent over the last 16 months and Google slipped below $400 a share for the first time in two years. Best Buy (BBY) hit its lowest mark of $35.64 since 2005 and Circuit City (CC) just hit .77 cents a share. Want more? RIM (RIM) is tumbling, Nokia (ADR) is down to 18.43 a share verse 38 at the beginning of… Read More

  • Sony in "Recovery Mode," Rebooting Finances

    Oyez oyez. The honorable Sir Howard Stringer Esq. Adm. 1st Class III Deceased is now placing Sony into a financial recovery mode, an effort to nip all this PS3 nastiness in the bud. Sony was depending on the new console to bolster its market share and cash reserves and, as we all know, it did neither. But what does “recovery mode” mean? Not much. All he’s really saying is… Read More