Wednesday, January 9, 2019

Nobody grows forever, not even Apple

THE DAILY CRUNCH
TUESDAY, JANUARY 8 2019 By Taylor Nakagawa

Wall Street needs to take a chill pill on Apple, users who don't pay for GitHub are in the money and investors are scratching their heads over Uber's IPO projections. Here's your Daily Crunch for January 8, 2019.

1. Apple's trillion-dollar market cap was always a false idol

Back in August we splashed headlines across the globe glorifying Apple's brief stint as the world's first $1 trillion company, but in the end it didn't matter. Fast-forward four months and Apple has lost more than a third of its stock value, and last week the company lost $75 billion in market cap in a single day.

2. GitHub Free users now get unlimited private repositories

Starting today, free GitHub users will now get unlimited private projects with up to three collaborators. Previously, GitHub had a caveat for its free users that code had to be public if they didn't pay for the service.

3. Uber's IPO may not be as eye-popping as we expected

Uber's public debut later this year is undoubtedly the most anticipated IPO of 2019, but the company's lofty valuation (valued by some as high as $120 billion) has some investors feeling uneasy.

4. IBM unveils its first commercial quantum computer

The 20-qubit system combines into a single package the quantum and classical computing parts it takes to use a machine like this for research and business applications. While it's worth stressing that the 20-qubit machine is nowhere near powerful enough for most commercial applications, IBM sees this as the first step toward tackling problems that are too complex for classical systems.

5. Amazon is getting more serious about Alexa in the car with Telenav deal

Amazon has announced a new partnership with Telenav, a Santa Clara-based provider of connected car services. The collaboration will play a huge role in expanding Amazon's ability to give drivers relevant information and furthers the company's mission to bake Alexa into every aspect of your life.

6. I used VR in a car going 90 mph and didn't get sick

The future of in-vehicle entertainment could be VR. Audi announced at CES that it's rolling out a new company called Holoride to bring adaptive VR entertainment to cars. The secret sauce here is matching VR content to the slight movements of the vehicle to help those who often get motion sickness.

7. Verizon and T-Mobile call out AT&T over fake 5G labels

Nothing like some CES drama to start your day. AT&T recently shared a shady marketing campaign that labeled its 4G networks as 5G and rivals Verizon and T-Mobile are having none of it.

Get more stories at techcrunch.com 

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