Walmart latest earnings report wasn’t pretty. Overall revenue growth came in at a tepid o.7% for the first half of the fiscal year. Their e-commerce sales grew 11.8%, but the total e-commerce market is tearing ahead at 15% quarterly growth, which means they’re actively losing that market. Oh, and they bought a massively unprofitable e-commerce…
via To compete with Amazon, Walmart should cut itself in half — TechCrunch
The battle over noncompetes is a modern-day rendition of an age-old trope: the big corporation versus the little employee; Goliath versus David. The only difference? In the fable, Goliath was brutish and slow, and everyone knew he was the bad guy. Today, Goliath is smart and backed by an All-Star team of lobbyists, and he’s…
via Legislating noncompetes — TechCrunch
Apple’s recently announced promise to clean up its App Store by removing old, outdated and non-compliant applications could see hundreds of thousands of apps getting booted from the mobile application marketplace, according to new data about the number of abandoned apps live on the storefront today. Apple, of course, didn’t specifically detail its criteria for kicking out older……
via Upcoming App Store purge could see hundreds of thousands of apps deleted — TechCrunch
Samsung is looking into reports from multiple users that the recently released Galaxy Note 7 has issues wherein a few phones have exploded during charging. A Samsung spokesperson told TechCrunch that they’re “conducting a through inspection,” and Korean news agency Yonhap reported earlier that a potential recall of the all Note 7 devices is one…
via Samsung investigating reports of Galaxy Note 7 explosions — TechCrunch
This morning around 9:07 am ET, SpaceX experienced a devastating explosion while completing a routine static test-fire in preparation for a launch on Saturday. Luckily, no injuries were reported, but the payload, the Amos-6 satellite, was on the Falcon 9 at the time and was also destroyed. A nearly $200 million satellite, Amos-6 was set to…
via Here’ what we know about the SpaceX explosion — TechCrunch
Earlier today, a SpaceX Falcon 9 rocket exploded on the launch pad for no apparent reason. While we’re still trying to learn more about what happened, we already know that the company was doing a test, and an anomaly created a big mess. Fortunately, all personnel were clear of the launch pad. But this incident…
via Mark Zuckerberg is “deeply disappointed” by the Internet.org satellite explosion 😒 — TechCrunch
Every day, some tech startups are surpassing their numbers while others are struggling to keep going. Washio, an on-demand laundry service that abruptly shut down yesterday, is just the latest startup to lose its momentum. There’s no shortage of ways things go wrong. Markets change. Companies underestimate the cost of doing business. Sometimes, too, the CEO…
via Underwhelmed by your CEO? Good luck with that — TechCrunch
Well that was fast. Just one day after WhatsApp revealed a sea-change in its attitude to user data, by detailing plans to share the mobile numbers and last seen status of its users with parent company Facebook for ad-targeting and marketing purposes, the UK’s data protection watchdog has fired a warning shot across Zuckerberg’s bows…
via WhatsApp-Facebook data-sharing deal probed by UK privacy watchdog — TechCrunch
Google today announced two major changes related to its mobile search results. The one you’ll probably notice first is that Google is removing the “mobile-friendly” label that highlighted pages that were easy to read on mobile from its mobile search results pages. In the long run, though, the second change may be more wide-reaching: starting…
via Google will soon start punishing mobile sites that show hard-to-dismiss popups — TechCrunch
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