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A report by MoffettNathanson found that the pay cable industry lost 762,000 subscribers in Q1 2017, the worst drop ever. To compare last year’s Q1 saw a mere 141,000 subscribers lost.
Analyst Craig Moffett said that the “Pay TV subscriber universe [shrank] at its worst ever annual rate of decline (-2.4%)” and there have been 6.5 million cord-cutter (and the new… Read More
Source: Tech Crunch
It’s May and that means the window for locking down internships at tech companies is rapidly closing. In reflection of the 2017 recruiting season, Glassdoor took some time to analyze its anonymized salary data, producing a report of the highest paying internships for 2017. We went ahead and pulled the tech companies from the list, and among large tech companies, Facebook leads the… Read More
Source: Tech Crunch
E-commerce fraud is a growing problem, but Signifyd thinks it has a solution to save businesses money. Their company is growing fast and has closed a $56 million Series C investment led by Bain Capital Ventures. Menlo Ventures and American Express also participated in the round. Signifyd counts big clients like Jet.com, Peet’s Coffee and Lacoste, where it uses its pattern… Read More
Source: Tech Crunch
Can the world stand another Link adventure? Can it throw another blue shell? Hit the Rainbow Road for another lap? Catch ’em all again? If you’re a Nintendo exec I suspect you’re starting to think that the venerated company is now brushing against the limits of nostalgia and that something – something big – is about to give. Thankfully the company is poised to… Read More
Source: Tech Crunch
Picture a day where you flip through your memories like you would Facebook or Instagram, or you get a chip sewn into your brain to help you learn languages twice as fast and communicate your thoughts in an instant to millions of people. Such are the promises of so-called brain hacking technologies, and for the past couple of years, everyone from Elon Musk to DARPA scientists has been… Read More
Source: Tech Crunch
Square, the payments company, founded and run by Jack Dorsey, released its quarterly financial results for the first quarter after the bell on Wednesday. The company beat expectations, bringing in $462 million in revenue, when investors were forecasting $451 million. This is a 22% increase from the same period last year. Adjusted losses per share were 4 cents, better than the negative 8 cents… Read More
Source: Tech Crunch
A new Google Docs phishing scam just reared its head a few hours ago, and it’s spreading like wildfire. Google appears to be taking action to stop it, but in the mean time: be super, super wary of Google Doc invites for now. If you fall for this one (and plenty of otherwise eagle-eyed people have already), it’ll blast out the bait to everyone on your contact list. Here’s what… Read More
Source: Tech Crunch
Factory machinery was the killer app of the mid-nineteenth century, speeding up the process and lowering costs for many upstarts of the day and they paved the way for a slew of candy companies to pop up around that time. In the year 1830, a man by the actual name of William Startup had hopped on the trend in Manchester, England. Thanks to these new technological innovations, Startup was able… Read More
Source: Tech Crunch
Goldman Sachs is investing $13 million in Nav, a startup that helps small businesses with financial advice and credit scores. Billionaire Steven Cohen’s Point72 Ventures is also investing, along with Clocktower Ventures and the CreditEase Fintech Investment Fund. This follows $25 million that was invested in the company last year, and is considered part of the same Series B round,… Read More
Source: Tech Crunch
Not many companies would dare to fight with Amazon, Microsoft and Google at the same time, but three-year-old Paperspace thinks it can carve out a cloud computing niche by rolling out the red carpet for data scientists. Today it launched new GPU-powered virtual machines that utilize Nvidia’s Pascal cards. Read More
Source: Tech Crunch