Left to right: Remitly co-founders Josh Hug, Matt Oppenheimer and Shivash Gulati. (Remitly photo) Seattle-based money transfer company Remitly announced key financial results in its Form S-1 registration statement Monday afternoon, a major milestone on the road to becoming a publicly traded company. Remitly had sales of $ 257 million and a net loss of … Read more
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. … Read more
Nintendo’s new, long-rumored Switch is here – and that’s not what many of us have been hoping for. Nevertheless, the OLED switch is the most grown-up looking switch to date with smaller bezels, a new cream-colored dock and matching Joy-Cons. The core upgrade is – shockingly – the screen: a new seven-inch OLED panel that … Read more
We are still learning of the damage three months after aviation data giant SITA reported a data breach. Air India announced this week that the personal data of approximately 4.5 million passengers had been compromised following the incident at SITA, the data processor for the Indian airline. The information stolen included the passenger’s name, credit … Read more
The Xbox One on the left with the Xbox Series X and S on the right. Microsoft announced at a court visit this week that it didn’t and never made any money on unit sales for the Xbox. Every console is sold at a loss, and the profit from the project for Microsoft comes entirely … Read more
Sure had a secret. And a “secret weapon”. The Seattle-area fintech startup recently announced that TV personality and bestselling author Suze Orman is one of the company’s co-founders. A spin-off of Pioneer Square Labs, Secure helps employers offer employees a financial wellness benefit in the form of an Emergency Savings Account (ESA) on top of … Read more
When the Ioniq 5 crossover is fully revealed next week, it will be Hyundai’s first electric vehicle built on the Electric-Global Modular Platform (E-GMP). The platform has a dead battery that Hyundai uses to optimize the interior, which is shown in this short teaser. The center console is a little different from what you may … Read more