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Tesla will begin selling its own in-house insurance 'in a month'
Engadget

Tesla released its Q1 2019 earnings on Wednesday and despite having a significant slowdown from the previous quarter, the company remains confident that it will meet its ambitious production goals for the year. Despite "significant challenges with the battery… more…

Tesla Is Losing Money Again As Deliveries Decline
Wired

After two quarters of profitability, the electric automaker reported a $702 million loss in the first quarter. more…

When Workers Control the Code
Wired

The emergence of worker-owned apps could save the gig economy from itself. more…

Douyu, China’s Twitch backed by Tencent, files for a $500M U.S. IPO
TechCrunch

Douyu, a Chinese live streaming service focused on video games, has filed with the U.S. Securities and Exchange Commission as it prepares to raise up to $500 million on the NYSE less than a year after its archrival floated on the same stock market. Wuhan-base… more…

Pinterest opens up 25% in its first day of trading
TechCrunch

Pinterest is the latest high-profile tech unicorn to go public. more…

China’s fast-growing Starbucks competitor Luckin Coffee just filed to go public on the Nasdaq
TechCrunch

China’s Luckin Coffee has registered plans with the SEC to go public on the Nasdaq, setting a placeholder amount of $100 million, shows its filing. The development comes less than a week after the 18-month-old company announced $150 million in Series B “plus”… more…

SoftBank to invest $1B into German digital payments provider Wirecard in new fintech partnership
TechCrunch

SoftBank is making a huge investment into one of the providers of the kind of digital commerce infrastructure that underpins many of the companies that it backs. Today, Wirecard — a digital payments provider based out of Germany — announced that SoftBank Grou… more…

Daily Crunch: Zoom and Pinterest go public
TechCrunch

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. Zoom pops 81 percent in Nasdaq debut Thursday was a big day for t… more…

Luxury consignment e-tailer The RealReal to enter the unicorn club with new funding
TechCrunch

The RealReal has authorized the sale of up to $70 million in new shares in a round that could value the luxury consignment shop at $1.06 billion. more…

A Generic Version of Opioid Overdose Antidote Naloxone Just Landed FDA Approval
Gizmodo.com

One of the most important tools for managing the opioid crisis may soon be a lot more available. On Friday, the Food and Drug Administration announced it had granted approval for a generic version of the naloxone nasal spray, a drug used to rapidly reverse po… more…

Samsung Apparently Pumps the Brakes on the Galaxy Fold [Update: Samsung Confirms]
Gizmodo.com

A new report from The Wall Street Journal, suggests Samsung could be pumping the break on the Samsung Galaxy Fold, its bendable phone that some people have found a little too flimsy. Read more... more…

Special Report: How China is replacing America as Asia's military titan
Reuters

In 1938, in the midst of a long campaign to bring China under Communist Party rule, revolutionary leader Mao Zedong wrote: "Whoever has an army has power." more…

Here are some of the best Android TV boxes available
Androidcentral.com

Streaming devices and set-top boxes are becoming major staples in the homes of those who wish to cut the cord or augment their current television viewing experience. While there is no real shortage of available set-top boxes and streaming sticks on the market… more…

Uber self-driving tech group receives $1B investment led by Toyota - Roadshow
Cnet.com

Toyota and Uber are working on self-driving minivans. more…

Cryptocurrency needs government's help, says presidential hopeful Andrew Yang - CNET
Cnet.com

Clearer rules for bitcoin and other virtual currencies will help the US innovate, argues Yang, a Democratic presidential candidate. more…

Twitter Ignites Technology Sector, Helping Push the Stock Market to Record Highs
Entrepreneur.com

The S&P 500 and Nasdaq indexes set new all-time highs as the Entrepreneur Index™ soars. more…

6 Common Lies People Believe About Investing
Entrepreneur.com

Jeff Rose breaks down some misleading ideas people have about investing money. more…

The stock market just hit a record high and history suggests it's headed even higher
Business Insider

The stock market's new closing peak may signal further gains over the next 12 months, according to a new research report. Read more stories at MarketsInsider.com. The stock market is set to go even higher if history is a guide, according to Ryan Detrick, Seni… more…

Zoom — a profitable unicorn — is set to make its stock-market debut
Business Insider

Zoom Video Communications is set to begin trading on the Nasdaq on Thursday. The video-conferencing company priced its initial public offering at $36 a share, raising that this week amid high demand. Setting it apart from other unicorns, or private companies … more…

Zoom's stock soared in the video-conferencing company's public trading debut, making CEO Eric Yuan a billionaire (ZOOM)
Business Insider

Zoom, a video-conferencing company, went public Thursday and began trading on the Nasdaq. Shares jumped 72% on its opening day, putting the company's valuation at nearly $16 billion. Zoom CEO Eric Yuan owns 20.5% of the company's stock, which makes Yuan one o… more…