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Intel declared $14.8 billion in revenue this afternoon and earnings per share of 72 cents. This represents a solid beat as analysts had expected revenues of $14.41 billion and EPS of 68 cents. Intel stock finished up 22 cents and 0.63 percent to $34.97 per share in regular trading. In the moments after the company released its earnings, Intel’s stock shot up 3.43 percent. It is… Read More
Source: Tech Crunch
Pack it on up, everyone — someone just won ARKit.
We’ve seen loooots of fun stuff made with ARKit already, but this one… this one is something special.
Back in 1984, A-Ha released “Take On Me” — a painfully catchy song that would go on to be covered by every band until the end of time (sometimes, I’d argue, better than the original)
They released an… Read More
Source: Tech Crunch
Game developer Chip Sineni of TRIXI studios created a clever AR experiment based on A-Ha’s seminal video for Take On Me. It is pretty fun. It’s also garnering a lot of attention from some very specific folks. I have been talking to a lot of people about AR over the past few months and there is a definable excitement around it.
I’m bullish as hell about AR, which I’ve… Read More
Source: Tech Crunch
At TechCrunch’s event in Shenzhen last month, we had a chance to test out the WT2, a clever and ambitious device from startup TimeKettle. It’s a pair of wireless earpieces; each person in a multilingual conversation wears one, and they translate what’s said into the language spoken by each participant. Essentially it’s a Babel fish, though admittedly a rough draft of one. Read More
Source: Tech Crunch
Few technologies survive more than 5 years — let alone 30 years — without significant change. In the last 10 years alone, our phones gained 20x the processing power and added capabilities from multitasking to visual messaging. We’re on the fifth standard of HTML and have evolved from FLV to MP4 as the dominant video streaming format on the web. As Andy Grove, one of… Read More
Source: Tech Crunch
Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue is slowing down as Facebook warned investors that it was running out of space to show ads in the News Feed.… Read More
Source: Tech Crunch
Payments giant PayPal is growing faster than what analysts were expecting, according to the latest numbers. For the second quarter of 2017, PayPal brought in $3.14 billion in revenue, when analysts were expecting $3.09 billion. This is up 18.3% from last year. Adjusting earnings per share (excluding one-time expenses) also beat Wall Street’s predictions, at 46 cents, instead of 43 cents.… Read More
Source: Tech Crunch
Every summer, suited and/or black-clad security geeks flock en masse to the sun-drenched surreality of Las Vegas for “Hacker Summer Camp”: a full week of various security and hacker conferences, the fanciest of which ($2800 at the door) is called Black Hat. Today Facebook’s CSO Alex Stamos gave its keynote address. He began by calling the infosec community a… Read More
Source: Tech Crunch
The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that ruled in the Broad Institute of MIT and Harvard’s favor last earlier this year. Last year, the U.S. Patent Office started looking into whether or not the Broad Institute had the right to a separate patent for CRISPR-Cas9, which allowed for human use of the technology. Berkeley… Read More
Source: Tech Crunch
Technology can be central to the lives of the 285 million people in the world who are blind or visually impaired, as long as they know how to use it. That’s where Erin Lauridsen, access technology director at LightHouse for the Blind and Visually Impaired, comes in. In her role, Lauridsen helps ensure people who are blind and visually impaired “know how to access all of the… Read More
Source: Tech Crunch