Tags ‘Finance’

Parrot lays off 35 percent of its drone team

Parrot French company Parrot has had a rough year and missed its sales expectations. That’s why the company will lay off 290 employees who were working on drones. In total, Parrot currently has 840 employees on the drone team and more than a thousand employees in total. While the company isn’t just selling drones, it represents a good chunk of the business. But it looks like other… Read More

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Romain Dillet

January 10th

Gadgets

Tesla falls short of its projected vehicle deliveries for 2016

Photo: Getty Images/SOPHIE-CARON/iStock Tesla said it delivered approximately 76,230 vehicles in 2016, falling short of the 80,000 vehicle projection it set for the year in its fourth-quarter earnings report at the beginning of the year. It’s a slight miss, and it doesn’t seem like one that’s made Wall Street all that upset. The company in October reported that it had made a profit in the third quarter, saying… Read More

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Matthew Lynley

January 3rd

Gadgets

Mobile

South Korea fines Qualcomm $850 million for its patent licensing practices

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images) American chipmaker Qualcomm is in trouble in South Korea. The country’s antitrust regulator has fined the company roughly $850 million (1.03 trillion won) for its patent royalty activities in South Korea. Many of you are familiar with Qualcomm for its chips. The next time you read the tech specs of your favorite smartphone, chances are that you’ll find a Qualcomm chip. The… Read More

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Romain Dillet

December 28th

Gadgets

South Korea fines Qualcomm $850 million for its patent licensing practices

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images) American chipmaker Qualcomm is in trouble in South Korea. The country’s antitrust regulator has fined the company roughly $850 million (1.03 trillion won) for its patent royalty activities in South Korea. Many of you are familiar with Qualcomm for its chips. The next time you read the tech specs of your favorite smartphone, chances are that you’ll find a Qualcomm chip. The… Read More

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Romain Dillet

December 28th

Gadgets

South Korea fines Qualcomm $850 million for its patent licensing practices

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images) American chipmaker Qualcomm is in trouble in South Korea. The country’s antitrust regulator has fined the company roughly $850 million (1.03 trillion won) for its patent royalty activities in South Korea. Many of you are familiar with Qualcomm for its chips. The next time you read the tech specs of your favorite smartphone, chances are that you’ll find a Qualcomm chip. The… Read More

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Romain Dillet

December 28th

Gadgets

Fitbit shares tank 29 percent as holiday sales look bleak

Fitbit Flex 2 Fitbit is going to have a rough holiday season as the company shared a disappointing outlook for the next quarter on yesterday’s earnings call. As a result, Fitbit shares (NYSE:FIT) opened at $9.03, down 29.5 percent compared to yesterday’s closing price of $12.81. So what happened exactly? Fitbit’s earning report yesterday wasn’t great, but it wasn’t too bad either. Read More

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Romain Dillet

November 3rd

Gadgets

Nintendo added $1.36 billion in market cap after Nintendo NX teaser

Image (1) nintendobooth-003-1959.jpg for post 322806 In just a few minutes, Nintendo will unveil (update: meet the Nintendo Switch) the first official teaser for the Nintendo NX, the company’s next flagship console. While the console isn’t supposed to come out until March 2017, people are excited — including investors. A few minutes after Nintendo teased the NX preview on Twitter, Nintendo’s shares jumped. The company… Read More

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Romain Dillet

October 20th

Gadgets

Joy raises $2.5M for its interactive photo frame

joy-album-woman-child-01 Joy, hardware startup and resident positive emotion, today announced the launch of its first product, the Joy Album — an interactive photo frame designed from the ground up. Joy has raised $2.5 million in seed funding from investors including Obvious Ventures, The Chernin Group, BoxGroup, and Maywic Select Investments. At first glance, the tablet-like device seems to have a lot… Read More

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John Mannes

October 18th

Gadgets

Joy raises $2.5M for its interactive photo frame

joy-album-woman-child-01 Joy, hardware startup and resident positive emotion, today announced the launch of its first product, the Joy Album — an interactive photo frame designed from the ground up. Joy has raised $2.5 million in seed funding from investors including Obvious Ventures, The Chernin Group, BoxGroup, and Maywic Select Investments. At first glance, the tablet-like device seems to have a lot… Read More

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John Mannes

October 18th

Gadgets

The 48 startups that launched at Y Combinator S16 Demo Day 2

yc-all-demo-day The world’s most prestigious startup school launched 48 companies today at part 2 of its Summer 2016 Demo Day. Nanoparticle analytics and delivery robots were amongst the products revealed in the B2B, biotech, enterprise, edtech, fintech, and hardware verticals. You can check out our write-ups of all 44 startups that launched yesterday, and TechCrunch’s picks for the top 7 from… Read More

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Josh Constine,John Mannes,Matthew Lynley

August 24th

Gadgets
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