Month: May 2021

Big Tech is now worth so much we’ve forgotten to be shocked by the numbers

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. If you want it in your inbox every Saturday morning, sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. TechCrunch…

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Epic-backed expert says Apple’s app store profit is as high as 78 percent

An expert witness for Epic Games testified that Apple’s App Store had operating margins above 70 percent in fiscal years 2018 and 2019, new court documents show. Eric Barnes testified that information from Apple’s Corporate Financial Planning and Analysis group show the App Store had a 77.8 percent operating margin…

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Emotional marketing and an e-mail titan walk into a bar

My mom cuts to the chase when she is describing my beat to others. In her words, I cover companies like Uber before they become companies like Uber. And honestly? I can’t exactly disagree with the description. The best feeling in tech journalism is telling a story about a startup…

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California appeals court finds Amazon responsible for third party sellers’ products

An appeals court in California has ruled that Amazon can be held liable for products sold through its marketplace by a third-party seller, the Los Angeles Times reported. It’s the second major case in California where an appeals court has rejected Amazon’s long-held position that it is merely an intermediary…

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Apple Music Hi-Fi tier tipped to appear in coming weeks, launch with Airpods 3 airpods pro / Airpods 3

It seems as though Apple could be planning to spring a surprise when it launches the AirPods 3: industry sources have claimed that a lossless, high-fidelity audio streaming tier is going to be added to Apple Music at the same time – but crucially, without a price hike. That’s according…

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Apple Music Hi-Fi tier tipped to be much cheaper than Spotify, launch with Airpods 3 airpods pro / Airpods 3

It seems as though Apple could be planning to spring a surprise when it launches the AirPods 3: industry sources have claimed that a lossless, high-fidelity audio streaming tier is going to be added to Apple Music at the same time – but crucially, without a price hike. That’s according…

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