Daily Crunch: Samsung delays the Galaxy Fold

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1. Samsung apparently presses back Galaxy Fold release

Four days out of the Galaxy Fold’ s main release date, Samsung is pressing things back a bit, according to a report from The Wall Street Journal. There’ s no company timespan for the launch, though the phone is still anticipated “ in the coming weeks.”

TechCrunch’s customer Brian Heater states he hasn’t experienced any concerns with his gadget, however a variety of others reported malfunctioning display screens.

2. Tencent’ s newest financial investment is an app that teaches grannies in China to dance

Called Tangdou, or “ sugar beans ” in Chinese, the app revealed that it has actually raised a Series C financing round led by Tencent.

3. SiriusXM’ s brand-new streaming-only ‘ Essential ’ strategy targets clever speaker owners

The business has actually introduced a brand-new strategy called SiriusXM Essential, targeting those who listen at home and on mobile phones. The streaming-only strategy is likewise more budget friendly — $8 monthly, versus the $15.99 monthly (and up) prepare for SiriusXM’ s satellite radio service for automobiles.

4. Confirmed: Pax Labs raises $420M at an assessment of $1.7 B

That’s right, $420 million for a vape maker. CEO Bharat Vasan stated, “This funding round permits us to buy brand-new markets and brand-new items, consisting of worldwide development in markets like Canada and checking out chances in hemp-based CBD extracts.”

5. Sony introduces a taxi-hailing app to competing Uber in Tokyo

The service is a joint endeavor in between Sony, its payment services subsidiary and 5 certified taxi business. The service will focus on linking certified taxis with travelers since ride-hailing with civilian vehicles is prohibited in Japan.

6. The Exit: an AI start-up’ s McPivot

An extensive interview with financier Adam Fisher about the current McDonald’s acquisition of Dynamic Yield. (Extra Crunch subscription needed.)

7. This week’s TechCrunch podcasts

This week’s episode of Equity addresses the previously mentioned marijuana vaping round, followed up by an Equity Shot about the Fastly S-1. On Original Content we examined Donald Glover’s “Guava Island” and went over the brand-new season of “Game of Thrones.”