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    Tech News

    Scratch 3.0 is now available

    January 3, 2019

    The only kids’ programming language worth using, Scratch, just celebrated the launch of Scratch 3.0, an update that adds some interesting new functionality to the powerful open-source tool.

    Scratch, for those without school-aged children, is a block-based programming language that lets you make little games and “cartoons” with sprites and animated figures. The system is surprisingly complex, and kids have created things like Minecraft platformers, fun arcade games and whatever this is.

    The new version of scratch includes extensions that allow you to control hardware, as well as new control blocks.

    Scratch 3.0 is the next generation of Scratch – designed to expand how, what, and where you can create with Scratch. It includes dozens of new sprites, a totally new sound editor, and many new programming blocks. And with Scratch 3.0, you are able to create and play projects on your tablet, in addition to your laptop or desk computer.

    Scratch is quite literally the only programming “game” my kids will use again and again, and it’s an amazing introduction for kids as young as pre-school age. Check out the update and don’t forget to share your animations with the class!

    Source: Tech Crunch Mobiles | Scratch 3.0 is now available

    Startups

    Scratch 3.0 is now available

    January 3, 2019

    The only kids’ programming language worth using, Scratch, just celebrated the launch of Scratch 3.0, an update that adds some interesting new functionality to the powerful open-source tool.

    Scratch, for those without school-aged children, is a block-based programming language that lets you make little games and “cartoons” with sprites and animated figures. The system is surprisingly complex, and kids have created things like Minecraft platformers, fun arcade games and whatever this is.

    The new version of scratch includes extensions that allow you to control hardware, as well as new control blocks.

    Scratch 3.0 is the next generation of Scratch – designed to expand how, what, and where you can create with Scratch. It includes dozens of new sprites, a totally new sound editor, and many new programming blocks. And with Scratch 3.0, you are able to create and play projects on your tablet, in addition to your laptop or desk computer.

    Scratch is quite literally the only programming “game” my kids will use again and again, and it’s an amazing introduction for kids as young as pre-school age. Check out the update and don’t forget to share your animations with the class!


    Source: Tech Crunch Startups | Scratch 3.0 is now available

    Startups

    Daily Crunch: AR startups face an uneasy future in 2019

    January 3, 2019

    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. Magic Leap and other AR startups have a rough 2019 ahead of them 

    2018 was supposed to be the year where the foundation of AR was set to expand, but now it looks like momentum has been sucked out of the industry’s heavy hitters.

    2. Sorry I took so long to upgrade, Apple 

    Apple missed Wall Street’s Q1 sales projections yesterday and the company blamed faltering sales in China for the reason behind the drop. But let’s not kid ourselves; anyone who has an iPhone now is part of the problem. As essential as these devices have become to our lives, it’s too hard for many consumers around the world to justify spending more than $1,000 for a new phone.

    BERND THISSEN/AFP/Getty Images

    3. China’s lunar probe makes history by successfully soft-landing on the far side of the moon

    China crossed a major milestone in space exploration last night by becoming the first country to land a probe on the far side of the moon. Named after the Chinese moon goddess, Chang’e 4 will use a low-frequency radio to survey the terrain of the moon.

    4. Mary Meeker targets $1.25B for debut fund, called Bond

    With Bond, Meeker is set to be the first woman to raise a $1 billion-plus VC fund.

    5. Money is no object: China’s Luckin sets sights on rivaling Starbucks 

    Caffeinated drinks are taking off in the tea-drinking nation. Luckin, which is only a year old, has announced an ambitious plan to topple Starbucks and expand to 6,000 stores by 2022.

    6. 10 predictions on the future of gaming in 2019 

    Will the gaming industry clutch up in 2019?

    7. Segway unveils a more durable electric scooter and autonomous delivery bot 

    Segway’s Model Max scooter is designed to help services like Bird and Lime reduce their respective operating and maintenance costs, while its new Loomo delivery bot is made for autonomous deliveries for food, packages and other items.


    Source: Tech Crunch Startups | Daily Crunch: AR startups face an uneasy future in 2019

    Tech News

    Apple stock has dropped 38 percent in 90 days

    January 3, 2019

    Apple stock was down more than 9 percent overnight and continued the downward trend in trading this morning. In fact, the company’s stock price is down a total of 38 percent since October. This, after the company halted trading yesterday afternoon to provide lower guidance for upcoming earnings. As the iPhone upgrade market softened, it was having a big impact on revenue, at least in the short term, and Apple stock took a big hit as a result.

    On October 3, the stock was selling at 232.07 per share, and while the price has fluctuated and the market in general has plunged in that time period, the stock has been on a downward trend for the past couple of months and has lost approximately $87 a share since that October high point.

     

    Last night, before the company briefly stopped trading to make its announcement, the stock stood at $157.92 a share. This morning as we went to publication, it was recovering a bit, but was still down 8.19 percent to $144.981.

    D.A. Davidson senior analyst Tom Forte says yesterday’s announcement, while not completely unexpected, was surprising, given Apple’s traditionally strong position. “We knew that iPhone unit sales were weak, but just not how weak,” he said.

    The biggest factor in yesterday’s announcement, in Forte’s view, was China, where he says the company generates 20 percent of its sales. As the U.S.-China trade war drags on, it’s having an impact on these sales. This could be because of a combination of factors, including a weakening Chinese economy as a result of the trade war, or patriotism on the part of Chinese consumers, who are choosing to buy Chinese brands over of the iPhone.

    This also comes at a time when Apple had already indicated that iPhone sales were weak in other worldwide markets, including India, Russia, Brazil and Turkey. This already helped weaken the iPhone sales worldwide, although Forte still sees the Chinese market as the biggest factor in play here.

    Forte says that in spite of the soft iPhone performance, the good news is the rest of the product portfolio is up 19 percent, and that could bode well for the future. What’s more, the company has set aside $100 billion for stock buy-back purposes. “They have the balance sheet. They have the stock buy-back program. They still generate very significant free cash flow, and if the individual investor won’t buy the stock, then the company will buy the stock,” he explained.

    In a report released this morning, financial analysts Canaccord Genuity believe that in spite of yesterday’s report, the company is still fundamentally sound and they continue to recommend a BUY for Apple stock. “We maintain our belief Apple can expand its leading market share of the premium-tier smartphone market and the iPhone installed base (excluding refurbished iPhones) will exceed 700M in 2018. This impressive installed base should drive iPhone replacement sales and earnings, as well as cash flow generation to fund strong long-term capital returns. We reiterate our BUY rating but decrease our price target to $190 based on our lowered estimates,” the company wrote in a report released this morning.

    Forte says the unknown-unknown here is how the U.S.-China trade war plays out, and as long as that situation remains fluid, the company might not recover that income in the near term in spite of stronger sales across the catalog.

    Source: Tech Crunch Mobiles | Apple stock has dropped 38 percent in 90 days