Sponsoer by :

Tuesday, July 24, 2018

Google joins the race to $1 trillion. It's The Daily Crunch.

Sponsored

THE DAILY CRUNCH
TUESDAY, JULY 24 2018 By Anthony Ha

Google's still printing money, Kano's Harry Potter coding kit includes a real-life magic wand and Microsoft may be building a streaming-only Xbox. Here's your Daily Crunch for July 24, 2018.

1. Google joins the race to $1 trillion

After its latest earnings report, Google's parent company Alphabet saw its share price jump an additional 5 percent, putting its valuation neck-and-neck with Amazon's. (As I write this on Tuesday morning, Google has a market cap of around $873 billion.)

The company continues to print money off its ad business, even as its cost-per-click continues to decline. Meanwhile, its "other revenue," including revenue from Google Cloud, grew 37 percent year-over-year.

2. Google Cloud CEO Diane Greene: "We're playing the long game here"

Speaking of Google's cloud business, TechCrunch's Frederic Lardinois sat down with the CEO of Google's cloud efforts, who said the company is definitely ready for large, enterprise customers.

3. Coding gets a real-life magic wand with Kano's Harry Potter kit

The system is centered on a "build it yourself" wand utilizing an on-board gyroscope, accelerometer and magnetometer to interact with coding content on-screen.

4. Ebay to add support for Apple Pay, partners with Square Capital on seller financing

Ebay announced that it will begin accepting Apple Pay on its marketplace starting this fall, and it's also teamed up with Square Capital on seller financing.

5. GM launches a peer-to-peer car sharing service

This service is launching in Chicago, Detroit and Ann Arbor, allowing individual owners to rent out their GM-branded vehicles through its Maven car-sharing platform.

6. Microsoft is building low-cost, streaming-only Xbox, says report

According to Thurrott.com the next Xbox will come in two flavors. One will be a traditional gaming console where games are processed locally. The other system will be a lower-powered system that will stream games from the cloud.

7. EU fines Asus, Denon & Marantz, Philips and Pioneer $130M for online price-fixing

EU antitrust authorities say the four companies engaged in so-called "fixed or minimum resale price maintenance" by restricting the ability of online retailers to set their own prices for widely used consumer electronics products.

Get more stories at techcrunch.com 

Newest Jobs From CrunchBoard:

SEE MORE JOBS ON CRUNCHBOARD
Post your tech jobs and reach millions of TechCrunch readers for only $200 per month
Facebook   Twitter   Youtube   Instagram   Flipboard
View this email online in your browser
If you do not want to receive this email or you would like to update your preferences click here.
410 Townsend Street, San Francisco, CA 94107
© 2018 Oath Tech Network. All rights reserved.   TechCrunch is now a part of Oath and a part of Verizon. On May 25th 2018 we will be introducing a new unified Oath Terms of Service and Privacy Policy which will explain how your data is used and shared. Learn More.
                                                           

No comments:

Post a Comment

My Blog List