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Huawei says US ban will cost it $30B in lost revenue – TechCrunch

Following a string of trade restrictions from the U.S., China’s telecoms equipment and smartphone maker Huawei expects its revenues to drop $30 billion below forecast over the next two years, founder and chief executive Ren Zhengfei said Monday during a panel discussion at the company’s Shenzhen headquarters. Huawei’s production will ...

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Telegram faces new attack in China – 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. Telegram faces DDoS attack in China… again The popular encrypted messaging service Telegram is once again ...

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Instagram one-ups TikTok with karaoke lyrics – TechCrunch

Lip-syncing jumpstarted TikTok’s rise to the center of teen culture, arguably displacing Instagram . Now the Facebook-owned app is striking back with a new feature that lets you displays lyrics on your video Story synced to a soundtrack you’ve added with the Music sticker. Lyrics could help creators and their ...

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The Ticket Fairy is tech’s best hope against Ticketmaster – TechCrunch

Ticketmaster’s dominance has led to big service fees, scalpers galore and exclusive contracts that some people argue exploit venues and artists. The approval of venue operator and artist management giant Live Nation’s merger with Ticketmaster in 2010 produced an anti-competitive juggernaut. The Department of Justice is reviewing allegations brought by ...

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