Mac gross sales down 10%, iPhones up 3% — Breaking down Apple’s quarterly numbers – TechCrunch

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Good morning, you great specimens of humanity! It’s Friday, and I’m penning this from the hammock in my sunny North Oakland backyard, so life ain’t all that dangerous. (I can solely assume that WFH stands for Work From Hammock).

This weekend, earmark a little bit of time to use to our Startup Battlefield 200. It offers you the prospect to exhibit your startup without spending a dime at TechCrunch Disrupt in October and win the $100,000 prize. Purposes shut August 5, so get cracking!

Have an excellent one, and see you subsequent week! — Haje

The TechCrunch Prime 3

Startups and VC

It’s all go, go, go on the earth of insurance coverage. Mary Ann experiences that Lemonade acquired Metromile and promptly laid off about 20% of its workers. Is smart, after all, in a world the place there’s most likely a good quantity of administrative and operational overlap between the 2 firms, but it surely’s all the time unhappy to say goodbye to beloved colleagues.

And don’t miss Aria’s piece about how the Exploration Firm is creating a brand-new reusable orbital spacecraft. “The [space] exploration ecosystem goes to alter dramatically within the most likely subsequent 10 to fifteen years,” co-founder and CEO Hélène Huby defined. “For those who make it occur, you’ve gotten an enormous benefit of being one of many first out there.”

Just a few extra nuggets to take you into the weekend:

  • Taking the enjoyable out of every part: A startup is charging $1.99 to jot down strings to feed into platforms like DALL-E, and I despair for humanity. Come on, that’s half the enjoyable! No thanks in any respect to Kyle for making me seethe with confused anger this afternoon. Jerk.
  • Making it rain down in Africa: Zedcrest Capital, a agency identified for its debt and fairness capital markets investments however who lately began dabbling in enterprise investments, has launched a $10 million “emergency fund” for African startups, aimed toward pre-Collection A stage firms, Tage experiences.
  • Driving classes for industrial automobiles: Polymath Robotics launches to carry plug-and-play autonomy software program to any industrial car, Kirsten experiences.
  • The extra you be taught: You already know what, I’ve by no means learn one among Devin’s articles that didn’t make me go, “Huh! I didn’t know that!” In the present day, Shinkei Techniques’ AI-guided fish harvesting robotic gave me that second of pleasure.

All my apes gone: Authorized disputes on the intersection of IP and NFTs

Missing bored apes illustration; IP law and NFTs

Picture Credit: Bryce Durbin / TechCrunch

When Andy Warhol appropriated photographs of Campbell’s Soup in 1962, he was fortunate: For a bunch of causes, the corporate determined to not sue him for infringing its trademark.

One wonders how the scenario would have performed out 60 years later if Warhol had minted a collection of NFTs with the enduring soup labels, nevertheless.

In her newest TC+ put up, CORPlaw founder Kristen Corpion examined “essentially the most attention-grabbing and necessary IP authorized points which are at present impacting the creation, switch and use of NFTs,” together with trademark infringement, the primary sale doctrine and why Seth Inexperienced ended up paying a $100,000 premium to purchase again his stolen Bored Ape.

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You may enroll right here.)

Large Tech Inc.

It’s by no means gonna provide you with up. It’ll make an effort to by no means allow you to down. It most likely gained’t run round and desert you. However TikTok could also be contemplating a music service, report Aisha and Ivan in an article that sadly falls wanting the necessary quota of musical puns. Don’t fear, people, I’ll speak to her about it.

In the meantime, Annie experiences that Kenya is considering giving Fb a smack with the ban-hammer, after the nation’s Nationwide Cohesion and Integration Fee finds that the social media platform isn’t doing sufficient to filter hate speech.

  • Is multimedia coming to Twitter?: Appears to be like just like the social media platform is testing letting you put up photographs, movies, and GIFs  all in the identical tweet, Ivan experiences.
  • We don’t need your steeenking advertisements: Roku misses the mark on its quarterly outcomes, and blames promoting slowdown for arising quick, Lauren experiences.
  • Financial institution stability goes down, shares go up: Amazon reported its earnings and ran at a $2 billion loss. Looks like stonks love that kind of factor, as a result of the share value went up, experiences Lauren.
  • For you, particular value. For you, it’s double: Twitter Blue will get a value hike from $2.99 to $4.99 per 30 days, experiences Ivan.
  • The place do you are taking somebody after a “peekaboo” accident? To ICU: Instagram just about copied BeReal for its Twin digital camera characteristic, however kinda missed the purpose alongside the way in which, Amanda explains.
  • Is there something they will’t do?: Video memes, perhaps music quickly (see above) and now TikTok begins testing HTML5 minigames with a handful of companions, Sarah experiences.

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