Pinterest, the nearly decade-old visual search engine, has unveiled its S-1 as it prepares for an initial public offering expected in April. Valued at $12.3 billion in 2017, Pinterest took its first official step toward a 2019 IPO two months ago, hiring Goldman Sachs and JPMorgan Chase as lead underwriters for its NYSE offering. Now it's giving us a closer look at its financials. The San Francisco-based company, which will trade under the ticker symbol “PINS,” [...]
Fri, Mar 22, 2019, Continue reading at the source
Zoom, the video conferencing startup valued at $1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month. The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: It's actually profitable. Zoom was founded in 2011 by Eric Yuan, a co-founder of WebEx, which sold to Oracle for $3.2 billion in 2007. [...]
Fri, Mar 22, 2019, Continue reading at the source
The biggest surprise about next week's Apple event may be the fact that the company has anything left to announce. This week, several core pieces of Apple hardware received upgrades, including the iPad Air and Mini, iMac and AirPods. Given the company's rush to get all of that out the door, we don't expect to see much in the way of new devices at Monday's event. Apple sent invites announcing that March 25 will be [...]
Fri, Mar 22, 2019, Continue reading at the source
A couple of years ago, Clark, a New York-based startup, appeared on the scene with tutoring software that aimed to both make it easier for educators to start and manage a tutoring business by handling on its platform all the work that tutors struggle to find time to do, from drumming up students, to managing scheduling and payments, to making it far simpler to communicate with parents. Today the company is announcing a bit of a [...]
Fri, Mar 22, 2019, Continue reading at the source
Pretty much every self-driving car on the road, not to mention many a robot and drone, uses lidar to sense its surroundings. But useful as lidar is, it also involves physical compromises that limit its capabilities. Lumotive is a new company with funding from Bill Gates and Intellectual Ventures that uses metamaterials to exceed those limits, perhaps setting a new standard for the industry. The company is just now coming out of stealth, but it's been [...]
Fri, Mar 22, 2019, Continue reading at the source
Shopify and Mailchimp today announced that the Mailchimp app, which let its users use their Shopify data to create targeted email campaigns, for example, is no longer available in its marketplace. The reason for this, Shopify says, is that it “had growing concerns about Mailchimp's app because of the poor merchant experience and their refusal to respect our Partner Program Agreement.” Clearly, this isn't the most amicable divorce. “It's critical for our merchants to have [...]
Fri, Mar 22, 2019, Continue reading at the source
Mozilla today announced a new iOS version of Firefox that has been specifically optimized for Apple's iPad. Given the launch of the new iPad mini this week, that's impeccable timing. It's also an admission that building a browser for tablets is different from building a browser for phones, which is what Mozilla mostly focused on in recent years. “We know that iPads aren't just bigger versions of iPhones,” Mozilla writes in today's announcement. “You use [...]
Fri, Mar 22, 2019, Continue reading at the source
The Game Developers Conference concludes today in San Francisco but that doesn't mean our coverage is over. TechCrunch writer Lucas Matney and Extra Crunch contributor Eric Peckham were at the Moscone Center and got a first-hand glimpse into what is coming up for gamers and developers alike. And at noon PT today they'll be sharing what they saw with Extra Crunch members on a conference call. First, there can be no discussion about gaming news this week [...]
Fri, Mar 22, 2019, Continue reading at the source
Crunchyroll is announcing its first major price increase since the anime streaming service launched in 2006. Prices for its premium subscription will go up in the United States, Great Britain, Australia and the Nordics — in the U.S. and Australia, the monthly price will increase from $6.95 to $7.99 (or $79.99 per year), while British subscribers will see their bill go up from £4.99 to £6.50 (or £64.99 per year). You don't need to pay to watch [...]
Fri, Mar 22, 2019, Continue reading at the source
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 here. 1. Facebook admits it stored ‘hundreds of millions' of account passwords in plaintext Prompted by a report by cybersecurity reporter Brian Krebs, Facebook confirmed that it stored “hundreds of millions” of account passwords in plaintext for years. The discovery was made in January, said [...]
Fri, Mar 22, 2019, Continue reading at the source