Technology

Meta will release a new consumer-grade VR headset next year

October 27, 2022

A follow-up to the Quest 2, Meta is launching another consumer-grade virtual reality headset next year. The company announced this during today’s Q3 earnings call, in which the company marked yet another $3 billion quarterly loss to its metaverse investments. But CFO David Wehner says that some of this continued cost can be explained via […]

Meta will release a new consumer-grade VR headset next year by Amanda Silberling originally published on TechCrunch

Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech

October 27, 2022

As the third-quarter earnings drumbeat continues, we learned more about the state of global supply chains, global consumer appetite for big-ticket items and the future of self-driving technology. After the bell this afternoon, Ford beat Wall Street analyst revenue estimates of $36.25 billion, per Yahoo Finance, with automotive Q3 2022 top line of $37.2 billion, […]

Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech by Rebecca Bellan originally published on TechCrunch

Meta posts another revenue decline as investors voice metaverse concerns

October 27, 2022

Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year to hit $27.7 billion; but Meta CFO David Wehner pointed out on the earnings call today that some of this decline is owed to inflation. […]

Meta posts another revenue decline as investors voice metaverse concerns by Amanda Silberling originally published on TechCrunch

The Download: the mortality issue, and America’s new favorite shopping app

October 26, 2022
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: The Mortality Issue From the moment you’re born, the one thing you can be completely certain of is that you will die. But what if aging isn’t inevitable, after all? And if…

Drones in cities are a bad idea

October 26, 2022

It’s year five, or maybe ten, of “drones are going to revolutionize transport” and so far, we’ve got very little to show for it. Maybe it’s time to put these foolish ambitions to rest and focus on where this technology could actually do some good, rather than pad out a billionaire’s bottom line or let […]

Drones in cities are a bad idea by Devin Coldewey originally published on TechCrunch

Never say die

October 26, 2022
Hi. How are you? I have some news. You’re going to die. We’re all going to die.  I’ve been thinking about this not only because we’ve been putting this issue, the Mortality issue, together but also because I’ve hit one of those arbitrary milestones in life. Which is to say I turn 50 this month. …

Cars are still cars—even when they’re electric

October 26, 2022
EVs are being touted as the solution to our climate crisis—but are they? In the fall of 2021, President Joe Biden made a stop in Detroit to promote the Democrats’ infrastructure bill and the electric-vehicle rollout being touted by the administration as a key measure to address the climate crisis. But his visit showed exactly…

Everything dies, including information

October 26, 2022
Everything dies: people, machines, civilizations. Perhaps we can find some solace in knowing that all the meaningful things we’ve learned along the way will survive. But even knowledge has a life span. Documents fade. Art goes missing. Entire libraries and collections can face quick and unexpected destruction.  Surely, we’re at a stage technologically where we…

Trigo raises $100M to expand its Amazon-style cashier-free store technology

October 26, 2022

Amazon has become the pacemaker in commerce, and today a startup that’s been building technology to help retailers keep up with it in the world of physical stores is announcing some funding to expand its business. Trigo, an Israeli startup that builds technology for stores to operate cashier-free, “just walk out” experiences similar to those […]

Trigo raises $100M to expand its Amazon-style cashier-free store technology by Ingrid Lunden originally published on TechCrunch

Flush with Series A funding, Daye unwraps the big gynae health mission

October 26, 2022

Talking to Valentina Milanova, the still just 28-year-old founder of U.K. femtech Daye, is best described as an exhilarating experience. During our interview, she talks in and around her topic — building a startup supporting women’s sexual and reproductive health — non-stop for the best part of an hour, barely pausing for breath and without […]

Flush with Series A funding, Daye unwraps the big gynae health mission by Natasha Lomas originally published on TechCrunch