For the first time in its history, the iPhone is experiencing a drop in sales. In 2015 at this same time, Apple sold 61 million units of the iPhone. This year, for the period ending March, Apple only sold 51.2 million units, representing a 16 percent YOY drop. This shouldn’t come as a surprise for most folks who know that we are close to (if not already at) peak iPhone levels. There… Read More
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Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations on its revenue and guidance by quite a bit. We’re parsing through all the details right now — here’s everything you need to know… Read More
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Better sprint outside, because now Uber can ditch you if you’re just two minutes late for your ride, or start charging you before you get in the car. Previously, people got a five-minute grace period to get to the car after it arrived, or to cancel their trip after they sent a request. But now, Uber is telling some users to “Request When You’re Ready” or face fees… Read More
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Wattpad, a popular site where authors can share stories with readers, is announcing its broader ambitions with the launch of a new division called Wattpad Studios. The company describes Studios as a way for Wattpad to partner with the entertainment industry, and it said the new division will operate like the multi-channel networks that work with online video creators. Wattpad Studios builds… Read More
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Last quarter, Twitter’s user base (excluding SMS fast-followers) actually shrank — and this was a huge moment for the company. While there were whispers of peak Twitter circling for some time now, that looming theory was finally confirmed in the company’s fourth-quarter results. Twitter had gone from 307 million users to 305 million. Twitter, at one point a rocket-ship,… Read More
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Apple will report its second-quarter earnings, and all eyes are going to be on the company’s iPhone sales. That’s because the big question for Apple is going to be whether or not iPhone sales have hit a wall and that the company will see a year-over-year decline in revenue, marking a significant moment for the company which has traditionally steadily grown iPhone sales to generate… Read More
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CoreOS today announced Stackanetes at the OpenStack Summit in Austin. Stackanetes (and yes, that name probably isn’t ideal) brings together OpenStack, the open source cloud computing platform that allows enterprises to run their own AWS-style cloud computing services in their private and public clouds, and Kubernetes, Google’s open source container management service. The… Read More
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YouTube announced a new ad format today that’s all about brevity. In a blog post, Product Manager Zach Lupei said YouTube has been exploring formats that are better-suited for smartphone video watchers. Hence the creation of Bumper ads — video ads that are only six seconds long. The idea of a really short ad isn’t new — the name suggests that the inspiration comes… Read More
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Remittances are a huge business, with $582 billion transferred in 2015 and $432 billion of that sent specifically to emerging markets, according to the World Bank. Today, one of the bigger startups in the field has raised some funds of its own to help it better tap the opportunity, and better rival established players like Western Union and others like WorldRemit and… Read More
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Today’s VR headsets are marvels of miniaturization. And, as iFixit’s teardowns show, both the Oculus Rift and HTC’s Vive are also remarkably user-friendly when it comes to repair and customization.