Bezos' Blue Origin Vs. Musk's SpaceX | Crunch Report

TL;DR

Messaging app Tango shuts down its e-commerce feature, Jeff Bezos and Elon Musk compete on Twitter, and Square now supports Apple Pay.

Transcript

Unicorn chat app Tango shuts down its e-commerce feature, Jeff Bezos and Elon Musk have a rocket pissing content on Twitter, Square readers are now supporting Apple Pay. and more... It's Tuesday November 24th, and this is Crunch Report. Tango, the mobile messaging app that hit a billion dollar valuation when Alibaba invested $280 million in it earl... Read More

Key Insights

• 😀 Tango's decision to shut down its e-commerce feature suggests that it was not generating the expected results, leading the company to focus on other aspects of its app.
• 👾 The Twitter conversation between Jeff Bezos and Elon Musk highlights the competition and innovation in the space exploration industry.
• 👶 Square's new wireless card reader with Apple Pay support expands the reach of the payment platform and makes it more attractive to European markets.
• 🛀 Google's trial of an SMS-based alerting service for shoppers shows the company's commitment to providing useful tools during the holiday season.
• 🚗 The mobile payments landscape in China is currently dominated by Alipay and WePay, which presents a challenge for Apple Pay's expansion in the country.
• 🦻 Vine's new swipe left feature for discovering similar Vines improves user experience and aids in content discovery.
• 💝 Messaging-based virtual assistants, like Magic and GoButler, provide convenient solutions for tasks such as gift-buying and restaurant reservations.

Questions & Answers

Q: Why is Tango shutting down its e-commerce feature?

Tango decided to close its e-commerce feature, Tango Shop, after it failed to deliver satisfactory results. The company is focusing on other aspects of its messaging app.

Q: What milestone did Blue Origin's "New Shepard" vehicle achieve?

Blue Origin's vehicle successfully reached its suborbit test altitude of 329,839 feet and landed vertically at the launch site. Jeff Bezos celebrated the achievement on Twitter.

Q: What new features does Square's wireless card reader have?

Square's new wireless card reader supports Apple Pay, NFC payments, and chip cards. It also has a rechargeable battery and a slot for chip cards.

Q: When does Google plan to launch its SMS-based alerting service?

Google is currently trialing its SMS-based alerting service, specifically focusing on helping holiday shoppers find the best deals. The company has not provided specific launch dates.

Summary & Key Takeaways

• Tango, a mobile messaging app, is discontinuing its e-commerce feature and laying off 30 employees. The feature was linked to Alibaba and Walmart but did not succeed as expected.

• Jeff Bezos' space company, Blue Origin, successfully launched and landed its "New Shepard" vehicle, prompting a Twitter conversation with Elon Musk, who congratulated Bezos but also emphasized SpaceX's accomplishments.

• Square, the payments company, announced its new wireless card reader that supports Apple Pay, NFC payments, and chip cards. The reader is available for pre-order.

• Google is trialing an SMS-based alerting service to help shoppers find the best deals during the holiday season.