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Daily Crunch: Samsung delays the Galaxy Fold

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1. Samsung reportedly pushes back star system Fold release

Four days out from the star system Fold’s official release date, Samsung is pushing things back a bit, according to a report from The Wall roadway Journal. There’s no tight moment frame for the launch, though the phone is still expected “in the coming weeks.”

TechCrunch’s reviewer Brian Heater says he hasn’t experienced any issues with his machine, but a number of others reported malfunctioning displays.

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

named
Tangdou, or “sugar beans” in Chinese, the app announced that it has raised a successions C funding circular led by Tencent.

3. SiriusXM’s brand-new streaming-only ‘Essential’ plan targets smart speaker owners

The company has launched a brand-new plan named
SiriusXM Essential, targeting those who listen in-home and on mobile devices. The streaming-only plan is also more affordable — $8 per month, versus the $15.99 per month (and up) plans for SiriusXM’s satellite radio service for cars.

4. Confirmed: Pax Labs raises $420M at a valuation of $1.7B

That’s right, $420 million for a vape maker. CEO Bharat Vasan said, “This financing circular allows us to invest in brand-new products and brand-new markets, including intercontinental growth in markets like Canada and exploring opportunities in hemp-based CBD extracts.”

5. Sony launches a taxi-hailing app to rival Uber in Tokyo

The service is a joint escapade between Sony, its payment services subsidiary and five licensed taxi companies. Because ride-hailing with civilian cars is felonious in Japan, the service will focus on connecting licensed taxis with passengers.

6. The Exit: an ai startup’s McPivot

an in-depth interview with investor Adam Fisher about the recent McDonald’s acquisition of non-stative Yield. (more Crunch membership required.)

7. This week’s TechCrunch podcasts

This week’s episode of Equity addresses the aforementioned cannabis vaping circular, followed up by an Equity Shot about the Fastly S-1. Meanwhile, on genuine Content we reviewed Donald Glover’s “Guava isle” and discussed the brand-new season of “Game of Thrones.”

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