Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M

Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M

After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 million as “DBX” on the Nasdaq exchange. In addition to that, Dropbox…
Platform power is crushing the web, warns Berners-Lee

Platform power is crushing the web, warns Berners-Lee

On the 29th birthday of the world wide web, its inventor, Sir Tim Berners-Lee, has sounded a fresh warning about threats to the web as a force for good, adding his voice to growing concerns about big tech’s impact on competition and society. The web’s creator argues that the “powerful weight of a few dominant” tech…
Elon Musk is the ultimate doomsday prepper

Elon Musk is the ultimate doomsday prepper

As our fractured planet stumbles toward the end of the second decade of its new millennium it’s become de rigueur among a certain class of the super rich to create contingency plans for possible doomsday scenarios that will bring about the end of the world. In a long, fascinating, meandering interview at South by Southwest…
Cramer’s lightning round: Microsoft is one of my absolute favorite stocks

Cramer’s lightning round: Microsoft is one of my absolute favorite stocks

It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Microsoft Corp: "I think you're right. I think the stock goes to $100. I'm telling members of the ActionAlertsPlus.com club that Microsoft is one of my absolute favorite…
Some hard truths about Twitter’s health crisis

Some hard truths about Twitter’s health crisis

It’s a testament to quite how control freaky and hermetically sealed to criticism the tech industry is that Twitter’s CEO Jack Dorsey went unscripted in front of his own brand livestreaming service this week, inviting users to lob awkward questions at him for the first time ever. It’s also a testament to how much trouble social…
Essential really wants to solve the screen notch problem

Essential really wants to solve the screen notch problem

In a way, Essential is something of a pioneer. Before the iPhone X helped the world reluctantly embrace the screen notch, the company proudly displayed one atop its first flagship. Since then, of course, it’s become a feature, not a bug, with a long list of companies rushing to embrace it on their latest flagship.…
Bose is carving out $50 million for startups using its new audio-focused AR tech

Bose is carving out $50 million for startups using its new audio-focused AR tech

The high-end audio technology company Bose is getting into the augmented reality game with a new product and a $50 million fund devoted to startups that will develop services for its new platform. While most of the industry is focused on a visually augmented experience, Bose is most concerned with the intersection of sound and vision.…
The changing face of transport, part three

The changing face of transport, part three

show chapters The way we move around towns and cities is changing: Here's how    5:50 AM ET Fri, 16 Feb 2018 | 06:27 To watch part one of this episode, please click here. To watch part two of this episode, please click here.
Snapchat and Instagram remove Giphy feature due to racial slur GIF

Snapchat and Instagram remove Giphy feature due to racial slur GIF

Snapchat and Instagram have temporarily removed their Giphy GIF sticker features after users saw an extremely racist GIF as an option to add to their images. Snapchat confirms to TechCrunch “As soon as we were made aware, we removed the GIF and have disabled Giphy until we can be sure that this won’t happen again…
Facebook launches AR effects tied to real-world tracking markers

Facebook launches AR effects tied to real-world tracking markers

Facebook’s augmented reality camera is evolving beyond selfie masks and randomly placed 3D objects to using location markers in the real world that trigger AR experiences in a precise location. Spotted today, Facebook confirms to TechCrunch that it’s testing the feature in closed beta with promotions for the upcoming Ready Player One and Wrinkle In…

HOT NEWS