Day: April 11, 2019

Disney’s direct-to-consumer streaming strategy took center stage today at the company’s investor day. That strategy includes Hulu (where the recently closed Fox acquisition has given Disney a controlling stake), ESPN+ and the Indian streaming service Hotstar, but executives spent most of their time hyping the upcoming launch of Disney+. The company said the service will […]

Tesla and Panasonic have paused plans to add more battery production lines at Gigafactory 1, its massive factory outside of Reno, Nevada that is a cornerstone to the automaker’s business. The Nikkei Asian Review initially reported Thursday that Tesla and Panasonic were freezing plans to expand capacity. The partners had planned to increase capacity by […]

The SoftBank Vision Fund has been screaming from the venture headlines the last few months, driven by eye-popping rounds (and valuations!) into some of the most notable startups around the world. Yet, SoftBank isn’t the only player rapidly buying up the cap tables of top startups. Indeed, another firm, more than a century old, has […]

“It is our contention that the investment industry may be experiencing a peak of its own, in this case the point of the maximum rate at which it extracts value from its clients’ assets. Let’s call it Peak Gravy.” That’s a recent quote from Tom Coutts, who is one of a few dozen partners at […]

Today in “Facebook apps are too big to manage”, a glitch caused some users’ Instagram Stories trays to show Stories from people they don’t follow. TechCrunch first received word of the problem from Twitter user InternetRyan who was confused about seeing strangers in his Stories Tray and tagged me in to investigate. The screenshots below […]

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. WikiLeaks founder charged with hacking, now faces US extradition Following Julian Assange’s arrest inside the Ecuadorian embassy earlier today for breaching […]