ClassPass Acquires Competitor FitMob

TechCrunch - Thu, 04/23/2015 - 6:25pm
 If you were curious about potential consolidation in the fitness space (which I’m sure you were), look no further than this very article. ClassPass, the subscription service for unlimited monthly fitness classes, has acquired direct competitor FitMob for an undisclosed amount. ClassPass, a company that has raised more than $54 million in the past three years, is a subscription service… Read More

Hulu's Turner deal gives it Adventure Time, Venture Bros. and more

Engadget - Thu, 04/23/2015 - 6:16pm
Hulu is about to be your go-to destination to catch up on the adventures of the Venture Bros. and Aqua Teen Hunger Force. The streaming service announced a deal with Turner Broadcasting that adds Cartoon Network, Adult Swim, TBS and TNT titles to its...

IVP Raises $1.4B For Its 15th Fund

TechCrunch - Thu, 04/23/2015 - 6:00pm
 Institutional Venture Partners, better known as IVP, has raised a $1.4 billion 15th fund. The company’s last fund was a smaller $1 billion capital pool. I spoke to the firm’s Steve Harrick, a general partner, about the fund size, cadence, and investment strategy. According to Harrick, the fund was raised in a two month period. That matches other notes I’ve received from… Read More

The UDOO Neo Adds More Power To The Ultimate DIY Board

TechCrunch - Thu, 04/23/2015 - 5:56pm
 The original UDOO board was pretty amazing. A merging of Raspberry Pi and Arduino, the system let you run a tiny computer on a single board as well as control electronic projects. It was a very geeky little tool and proved to be quite popular. Well, the UDOO is back and it’s a lot better. The new UDOO Neo includes a Raspberry Pi, an Arduino board, a 9-axis sensor, magnetometer,… Read More

Yellowstone Supervolcano Even Bigger Than We Realized

Slashdot - Thu, 04/23/2015 - 5:47pm
The Washington Post reports that the "supervolcano" beneath Yellowstone National Park (which, thankfully, did not kill us all in 2004, or in 2008 ) may be more dangerous when it does erupt than anyone realized until recently. Scientists have today published a paper documenting their discovery of an even larger, deeper pool of magma below the already huge reservoir near the surface. From the article: On Thursday, a team from the University of Utah published a study, in the journal Science, that for the first time offers a complete diagram of the plumbing of the Yellowstone volcanic system. The new report fills in a missing link of the system. It describes a large reservoir of hot rock, mostly solid but with some melted rock in the mix, that lies beneath a shallow, already-documented magma chamber. The newly discovered reservoir is 4.5 times larger than the chamber above it. There's enough magma there to fill the Grand Canyon. The reservoir is on top of a long plume of magma that emerges from deep within the Earth's mantle. ... “This is like a giant conduit. It starts down at 1,000 kilometers. It's a pipe that starts down in the Earth," said Robert Smith, emeritus professor of geophysics at the University of Utah and a co-author of the new paper. ... The next major, calderic eruption could be within the boundaries of the park, northeast of the old caldera. “If you have this crustal magma system that is beneath the pre-Cambrian rocks, eventually if you get enough fluid in that system, enough magma, you can create another caldera, another set of giant explosions," Smith said. "There’s no reason to think it couldn’t continue that same process and repeat that process to the northeast.”

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Lyft CEO Logan Green To Join Us At Disrupt NY

TechCrunch - Thu, 04/23/2015 - 5:40pm
 The last time Lyft CEO Logan Green graced the Disrupt stage, in September 2013, the mobile ride-hailing service was a little more than a year old. Back then Lyft was available in just 10 markets, but was growing quickly thanks to an aggressive expansion roadmap that would take it into 25 U.S. cities by the end of that year. A lot has changed in the last 18 months, as Lyft has evolved from… Read More

Google eyes the bigger picture while missing Wall Street's expectations

Engadget - Thu, 04/23/2015 - 5:35pm
It's earnings time once more, and Google's gone and done it again. Despite taking in $17.3 billion in revenue over the past three months (that's a 12 percent lift over how much it made this time last year), the search giant still managed to whiff sli...

Amazon’s Q1 Beats As Revenue Rises 15% To $22.72 Billion, EPS Loss Of $0.12

TechCrunch - Thu, 04/23/2015 - 5:09pm
 Today following the bell, Amazon reported its first quarter 2015 financial performance, including revenue of $22.72 billion and negative earnings per share of $0.12. The street expected Amazon to lose $0.13 per share, on revenue of $22.39 billion. Amazon also announced that its cloud computing business, AWS, had revenue of $1.5 billion in the quarter, with a run rate of $5 billion a year… Read More

Airbnb Hires Former Dropbox Exec Sara Adler As Its Head Of Corporate Development

TechCrunch - Thu, 04/23/2015 - 5:00pm
 There’s a battle going on for tech talent in the Bay Area, and private companies increasingly are turning to M&A as a way to bring new members onto their teams. Following along on that trend, Airbnb has hired Sara Adler, who had previously worked at Dropbox and Facebook, as its head of corporate development. Adler will step into the newly created role to create some structure in… Read More

The Future Of Marketing Automation

TechCrunch - Thu, 04/23/2015 - 5:00pm
 According to industry expert David Raab, almost 70 percent of marketers are either unhappy or only marginally happy with their marketing automation software, and according to Bluewolf’s new “State of Salesforce” study, only 7 percent are seeing good, measurable ROI from those investments. There’s a lot of fragmentation and dissatisfaction in this category despite the… Read More

Amazon Web Services is a $5 billion business

Engadget - Thu, 04/23/2015 - 4:56pm
Even though Amazon Web Services has taken off in recent years to become the cloud computing solution of choice for businesses, not much was known about how much money it was bringing in. Now, however, we do. In its first quarterly earnings report tod...

We'll Be the Last PC Company Standing, Acer CEO Says

Slashdot - Thu, 04/23/2015 - 4:48pm
Velcroman1 writes: At a sky-high press conference atop the new World Trade Center in lower Manhattan, Acer unveiled a sky-high lineup of goods – and placed a flag in the sand for the sagging PC industry. "There are only four or five players in the PC industry, and all of us are survivors," Jason Chen, CEO of Acer Corp, told an international group of reporters. "We will be the last man standing for the PC industry." To that end, the company showed off a slew of new laptops and 2-in-1s, the new Liquid X2 smartphone, and introduces a new line of gaming PCs, called Predator. I suspect Apple will outlive Acer; who do you think will fall next (or rise next)?

Read more of this story at Slashdot.

Pandora’s Q1 Beats Estimates With $230.8 Million In Revenue

TechCrunch - Thu, 04/23/2015 - 4:33pm
 Pandora’s first-quarter earnings beat Wall Street’s expectations, bringing in $230.8 Million in revenue and a loss of 12 cents per share. Its active listener count — while up year over year — fell quarter over quarter. The company said users listened to 5.3 billion hours of music in the first quarter this year, with 79.2 million active listeners — up from… Read More

Microsoft's Surface sales are on the upswing once again

Engadget - Thu, 04/23/2015 - 4:29pm
After a very slow start, Microsoft's Surface finally seems to be hitting its stride. The company made $713 million from Surface sales last quarter, a 44 percent jump over last year, according to its latest earnings report. And yes, it's attributing m...

Microsoft Beats In Its FQ3 With Revenue Of $21.7B, EPS Of $0.61

TechCrunch - Thu, 04/23/2015 - 4:16pm
 Today following the bell, Microsoft reported its fiscal third quarter financial results, including revenue of $21.7 billion and earnings per share of $0.61. The street had expected Microsoft to earn $0.51 per share on revenue of $21.06 billion. Microsoft, up a point in regular trading, is now up just under three percent in after-hours trading following its earnings beat. Compared to its… Read More

Google’s Q1 2015 Earnings Miss With $17.3B Revenue, $6.57 EPS

TechCrunch - Thu, 04/23/2015 - 4:15pm
 Google reported its earnings for its first financial quarter of 2015 today. The company reported revenue of $17.3 billion and earnings per share of $6.57. GAAP net income for the last quarter was $3.6 billion. That compares to $15.42 billion in revenue and earnings of $6.27 per share in the year-ago-quarter. Wall Street expected the company to report EPS of around $6.61 on $17.5 billion… Read More

App Annie’s Danielle Levitas And Sequoia’s Alfred Lin Will Speak At Disrupt New York

TechCrunch - Thu, 04/23/2015 - 4:08pm
 With app stores being as crowded as they are, understanding mobile distribution and the app economy is more important now more than ever. And in less than two weeks, we’ll sit down with App Annie’s new head of research Danielle Levitas and Sequoia Capital’s Alfred Lin at TechCrunch Disrupt New York. Since discovering AppAnnie, I’ve used it relentlessly to… Read More

Hubble celebrates its 25th anniversary with space fireworks

Engadget - Thu, 04/23/2015 - 4:05pm
To celebrate the Hubble Space Telescope's quarter century of scientific service, both NASA and the European Space Administration (ESA) have published this stunning photograph of Westerlund 2. At just 2 million years old, this 3,000-star cluster conta...

Bloomberg Report Suggests Comcast & Time Warner Merger Dead

Slashdot - Thu, 04/23/2015 - 3:58pm
andyring writes: According to Bloomberg News, the Time Warner/Comcast merger of raw evil is dead. Comcast plans as early as tomorrow to withdraw the merger proposal, "after regulators decided that the deal wouldn't help consumers, making approval unlikely" according to the story. If so, that means regulators won't have the chance to kill it themselves.

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Microsoft offers schools a discount on Surface 3 and a cheaper model

Engadget - Thu, 04/23/2015 - 3:38pm
Microsoft is sweetening the pot for schools looking to adopt its new hybrid tablet by giving them a 10 percent discount on the Surface 3, Type Cover and stylus. Normally, they cost $500, $130 and $50, respectively. On top of that, it's also offering ...