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TechCrunchChina's food delivery giant Meituan hits $100B valuation amid pandemic
Meituan's shares hit a record high on Tuesday, bringing its valuation to over $100 billion. The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation. Tencent-backed Meituan saw shares rally to HK$138 ($17.8) on Tuesday after it earmarked a smaller-than-projected decrease in revenue during Q1 and a net loss of 1.58 billion yuan ($220 million) after three consecutive profitable quarters.
EngadgetWhat's on TV this week: HBO Max, 'Space Force' and 'Uncut Gems'
This week HBO Max launches with tons of content both old and new. Netflix is fighting back with additions like 'Uncut Gems,' 'Jeffrey Epstein: Filthy Rich' and 'Space Force,' and gamers can play 'Minecraft Dungeons.'
TechCrunchUber cuts 600 jobs in India
Uber is cutting 600 jobs in India, or 25% of its workforce in the country, it said on Tuesday as it looks to cut costs to steer through the coronavirus pandemic. The job cuts, which affect teams across customer and driver support, business development, legal, policy, marketing, and finance, are part of the company’s global restructuring that eliminated 6,700 jobs this month. The American giant, which claimed to be the top cab hailing service in India earlier this year, said it was providing 10 to 12 weeks of salary to the employees who were being let go, in addition to offering them medical insurance for the next six months.
- Engadget
What does Apple want from a VR events company?
Since 2009 a startup called NextVR has been developing proprietary cameras and striking deals to bring live events -- think sporting events, wrestling matches and concerts -- straight to the VR headset of your choice. The writing was on the virtual wall -- until Apple swooped in with a check.
TechCrunchNASA and SpaceX confirm SpaceX's first ever astronaut launch is a 'go'
NASA and SpaceX are closer than ever to a moment both have been preparing for since the beginning of the Commercial Crew program in 2010. SpaceX's Falcon 9 and Crew Dragon spacecraft are now set to fly with NASA astronauts Doug Hurley and Bob Behnken onboard, making a trip to the International Space Station, and both the agency and SpaceX announced today that they have officially passed the final flight readiness review, meaning everything is now a 'go' for launch.
EngadgetVirgin Orbit's first launch demo flight ends abruptly after rocket release
Virgin Orbit's first demo flight ended abruptly when the rocket's mission 'terminated' soon into its flight.
TechCrunchVirgin Orbit's first orbital test flight cut short after rocket released from carrier aircraft
On Monday, Virgin Orbit attempted the first full flight of its orbital payload launch system, which includes a modified Boeing 747 called 'Cosmic Girl' that acts as a carrier aircraft for its air-launched rocket LauncherOne. While Virgin Orbit has flown Cosmic Girl and LauncherOne previously for different tests and demonstrations, this was the first end-to-end system test. Unfortunately, that test ended much earlier than planned – just shortly after the LauncherOne rocket was released from Cosmic Girl.
Engadget‘Call of Duty: WWII’ is the next free PS Plus game, and it arrives tomorrow
It's dropping a week earlier than the monthly PS Plus freebies usually arrive.
EngadgetWhat we're watching: 'Deep Space 9,' 'Kingdom' and 'Solar Opposites'
What are Engadget editors watching at home? Lately, 'Star Trek: Deep Space Nine,' the Netflix zombie series 'Kingdom' and Hulu's new animated show 'Solar Opposites.'
EngadgetSave $70 on a Nest WiFi bundle at Best Buy and the Google Store
Several retailers across the US, including Best Buy and Bed Bath and Beyond, have discounted Google's latest Nest WiFi router and access point bundle to $200.
TechCrunchNewton Mail founder returns with launch of personal net worth tracker, Kubera
Serial entrepreneur Rohit Nadhani, who last sold his Newton email app to Essential in 2018-- an app so popular it's been saved from shutting down multiple times -- is today launching a new startup, Kubera. The service aims to offer an alternative to using a spreadsheet to keep track of your assets, investments, cryptocurrencies, debts, insurance, and other important documents that would need to be transferred to a loved one in the event of your death. The founder was inspired to create Kubera -- a reference to the Indian "lord of wealth" -- due to a traumatic personal experience.
EngadgetAmazon sale drops the price of a Kindle to $60
Amazon's standard Kindle has been discounted to $60 in its latest sale.
TechCrunchMax Q: Huge week ahead for SpaceX and Virgin Orbit
This week could be the biggest week to date for private spaceflight, with landmark launch attempts coming from both Virgin Orbit and SpaceX . Virgin Orbit is looking to join the elite club of private launch companies that have actually made it to space, with a full flight test of its combined Cosmic Girl and LauncherOne system. Meanwhile, SpaceX is looking to launch its Crew Dragon spacecraft with people on board – achieving a number of milestones, including returning U.S. crew launch capabilities, and human-rating its Falcon 9 rocket.
EngadgetThe best grilling gear
Grilling weather is finally upon us, and that means some will need new equipment. After testing a bunch of grills and gadgets, we've compiled a list of the best grilling gear that will serve you well all summer long.
EngadgetHow to reverse-engineer a rainforest
2020 might be the year we all faced a pandemic. But 2019 was the year the earth burned. We are racing to reverse-engineer the rainforest — and like any half-decent architect, we’re going to have to do it from the ground up.
EngadgetMaking an indie phone is not for the faint-hearted
You can build your own PC easily, so why not a phone? It's not just the complex internals, there are many more challenges to overcome. Yet some are still trying.
TechCrunchJabra's Elite Active 75t earbuds offer great value and sound for both workouts and workdays
Jabra's Elite Active 75t is a successor to its very popular 65t line, with added moisture resistance designed specifically for exercise use, as indicated by the 'Active' in the name. The Elite Active 75t also feature an esteemed 7.5 hours of battery life on a single charge, and their compact charging case carries backup power that adds up to a total of 28 hours potential run time across a single charge for both.
EngadgetYou can try crowdfunded space sim 'Star Citizen' for free right now
Will Star Citizen ever be finished?
TechCrunchChina set to launch Mars probe and rover mission in July
China's space program will launch a Mars mission in July, according to its current plans. This will include deploying an orbital probe to study the red planet, and a robotic, remotely-controlled rover for surface exploration. The U.S. has also been planning another robotic rover mission for Mars, and it's set to take off this summer, too – peak time for an optimal transit from Earth to Mars thanks to their relative orbits around the Sun.
EngadgetThe Morning After: Texas Instruments makes it harder to cheat on its calculators
Engadget's daily tech news bulletin. Today, Formula E cheaters, exam cheaters, and fancy new speakers.
EngadgetSony's flagship Xperia 1 II will ship in July for $1,200
Sony’s flagship Xperia 1 II smartphone will ship on July 24th for an eye-watering $1,199 in the US, the company announced. It packs a triple camera setup developed with the engineers behind Sony’s A7 III and other popular mirrorless cameras.
EngadgetFormula E racer disqualified for using an esports ringer in a virtual race
Formula E Audi driver Daniel Abt has been disqualified from an esports race and fined €10,000 for using a ringer in his place, according to Reuters.
![Work collaboration unicorn Notion is blocked in China [Update: It's back]](https://s.yimg.com/uu/api/res/1.2/R2anngD6vnm5SDzojtuI.A--~B/Zmk9c3RyaW07aD0xMjM7cT04MDt3PTIyMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/techcrunch_350/43d4e3cbdbbb0c79c389baed1121b565.cf.jpg)
TechCrunchWork collaboration unicorn Notion is blocked in China [Update: It's back]
Notion, the fast-growing work collaboration tool that recently hit a $2 billion valuation, said on Twitter Monday that its service was blocked in China. The productivity app has attracted waves of startups and tech workers around the world -- including those in China -- to adopt its all-in-one platform that blends notes, wikis, to-dos, and team collaboration. Notion said it was "monitoring the situation and will continue to post updates," but the timing of the ban noticeably coincided with China's annual parliament meeting, which began last week after a two-month delay due to the COVID-19 pandemic.
TechCrunchA massive database of 8 billion Thai internet records leaks
Thailand's largest cell network AIS has pulled a database offline that was spilling billions of real-time internet records on millions of Thai internet users. Security researcher Justin Paine said in a blog post that he found the database, containing DNS queries and Netflow data, on the internet without a password. With access to this database, Paine said that anyone could "quickly paint a picture" about what an internet user (or their household) does in real-time.
EngadgetHacked NES Power Glove controls a modular synth with finger wriggles
Look Mum No Computer has hacked a Power Glove to control a modular synth with finger gestures, and it's just as weird as you'd expect.