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EIA reduces its forecast for U.S. coal exports following Port of Baltimore closure

The U.S. Energy Information Administration (EIA) decreased its forecast for U.S. coal exports following the collapse of the Francis Scott Key Bridge and the resulting closure of the Port of Baltimore. In its April Short-Term Energy Outlook (STEO), EIA reduced its forecasts for U.S. coal exports for April by 33% and for May by 20% from previous forecasts.




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EIA expects electricity growth to be mostly met by renewables

The U.S. Energy Information Administration (EIA) expects electricity generation will grow by about 3% in 2024 and 1% in 2025. Renewable energy sources—chiefly solar—will supply most of that growth.




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EIA expects crude oil production in the Permian Basin to increase by nearly 8% in 2024

The U.S. Energy Information Administration (EIA) expects crude oil production in the Permian Basin to average about 6.3 million barrels per day in 2024, an increase of nearly 8% from 2023. The Permian Basin accounts for nearly half of U.S. crude oil production, and EIA expects increased production in the Permian and other regions will drive U.S. oil production to successive records in 2024 and 2025.




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EIA expects rising electricity demand and natural gas prices to affect electricity fuel mix for the rest of 2024

The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase.




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EIA expects mixed bag for energy prices in 2024

The U.S. Energy Information Administration (EIA) expects that U.S. residential electricity prices will increase by about 1% in 2024, the slowest rate of year-over-year growth since 2020. Natural gas prices have been falling since late 2023, and those lower prices are now being factored into retail electricity rates. Natural gas provides the largest share of U.S. electricity generation.




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EIA expects oil prices to increase despite concerns over economic growth and petroleum demand

The U.S. Energy Information Administration (EIA) expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on September 6. In its September Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $82 per barrel in the fourth quarter of the year.




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Resource Advisory: Tracking crude oil and natural gas production with EIA data

The U.S. Energy Information Administration (EIA) has several sets of data on the domestic production of crude oil and natural gas. Depending on your interests, the resources below can help you find the crude oil and natural gas data you need.




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Media Advisory: EIA leaders discuss Winter Fuels Outlook 2024–2025, which forecasts U.S. household winter heating costs

The U.S. Energy Information Administration (EIA) will host a webinar on Wednesday, October 9, to discuss price, consumption, and expenditure trends for major heating fuels for U.S. households for the upcoming winter. EIA’s Winter Fuels Outlook includes U.S. national and regional forecasts for electric heat, natural gas, heating oil, and propane. We will publish the Winter Fuels Outlook forecasts on Tuesday, October 8, as part of the Short-Term Energy Outlook.




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EIA expects average U.S. heating costs this winter to be consistent with last winter

The U.S. Energy Information Administration (EIA) expects most U.S. households, on average, will pay about the same to heat their homes as they did last winter. A notable exception is that EIA expects Midwestern homes heated by natural gas will pay about 11% more on average for heat than last winter.




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TikTok ventures into mobile gaming, initially in partnership with Zynga

TikTok is experimenting with games, initially in partnership with mobile gaming giant Zynga. On Monday, Zynga announced its plans to launch a new HTML5-based game, “Disco Loco 3D,” exclusively on the TikTok platform. The casual game is a single-player endless runner where players collect their own dance moves while challenging friends, avoiding obstacles and collecting […]

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Take-Two to acquire mobile gaming giant Zynga for $12.7B

Huge consolidation is afoot in the world of gaming. Today Take-Two Interactive announced a plan to acquire mobile games giant Zynga, in a deal valued at $9.86 per share — $3.50 in cash and the remaining $6.36 in shares of Take-Two common stock. Zynga’s enterprise value in the deal works out to $12.7 billion. The […]

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Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last year). Now, a new startup is announcing a major round of funding to make its own mark on […]

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EWA, which taps into popular media to teach languages, hits 51M downloads and 3.5M MAUs and raises its first outside funding

Online language learning continues to be a huge opportunity for startups, with the most engaging experiences meeting a surge of interest from consumers looking for more productivity out of the hours that they spend on their smartphones. In one of the more recent developments, a language learning app called EWA — which has built a […]

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Russia’s App Store lost nearly 7K apps since its invasion of Ukraine, but some Big Tech apps remain

The Russian App Store has lost 6,982 mobile apps since the start of the Ukraine invasion, as numerous companies have now pulled their apps and games from Apple’s iPhone and iPad App Stores in the country, according to data shared with TechCrunch by app intelligence firm Sensor Tower. To date, those apps had been downloaded […]

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Take-Two completes $12.7B acquisition of mobile games giant Zynga

Take-Two has completed its $12.7 billion acquisition of mobile games giant Zynga, the company announced on Monday. Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. The deal, which was first announced in January, will bring Zynga’s popular […]

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Gusto’s head of technology says hiring an army of specialists is the wrong approach to AI

As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that nontechnical team members can “actually have a much deeper understanding than an average engineer on […]

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Apple wins $250 from Masimo in watch patent trial

A federal jury ruled Friday that Masimo smartwatches infringed Apple patents, but Apple isn’t getting a big payday. Bloomberg Law reports that the company was only seeking the statutory minimum of $250, and that’s all it was awarded. Apple’s attorney John Desmarais reportedly told jurors, “We’re not here for the money.” Instead, he said the […]

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Jack Dorsey dials in on his dream job — bitcoin missionary

Hello friends, and welcome back to Week in Review! Last week, we took a break from contextualization for some guides to consumption. This week, we’re looking at what’s happening in the mind of one Jack Dorsey. You can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny. the big thing While […]

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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]

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Yahoo acquires social sports betting app Wagr

Yahoo today announced that it has acquired Wagr, a three-year-old social sports betting startup based out of Nashville. Terms of the deal were not disclosed. TechCrunch, whose parent company happens to be the now Apollo-owned Yahoo, covered Wagr way back at its inception in 2020 at one of its early investor’s demo days. We noted […]

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Turkey’s instant grocery giant Getir grabs UK’s Weezy in latest delivery consolidation

Well that was quick. U.K.-based hyper fast grocery delivery startup Weezy — which only raised a pre-seed for its 15-minute delivery services of supermarket fare last year (after founding the biz in 2019) — has been bagged by Turkish 10-minute delivery app Getir. It’s the latest slice of consolidation to hit Europe’s hyper competitive on-demand […]

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Blidz raises $6.6M to expand its Pinduoduo-inspired social shopping app

Gamification and social hooks have become cornerstones across every category of consumer apps these days, and today one that’s using these to build out a new e-commerce platform in Europe is announcing a seed round to give its growth a boost. Blidz — a social shopping app that offers big discounts (many items in categories […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Australian CEOs getting on with business, despite threats to growth - 20 Jan

CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.




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Australian privatisations to headline global power deals in 2015 - 30 Jan

The sale of New South Wales' and Queensland's utility assets will be among the most eagerly anticipated power deals globally in 2015, according to a PwC report released today.




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Australia Must Get to Grips with Asian Century - 12 Feb

If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.




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Australian National Committee for UN Women welcomes partnership with PwC Australia - 17 Feb

PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality.




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Widening Gender Pay Gap sees Australia fall Furthest in Global Rankings: PwC Women in Work Index - 3 Mar

Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured.




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PwC Grows its Social Infrastructure Capability with Appian Group Acquisition - 1 Apr

PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today.




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Navigating the energy 'trilemma' crucial for Australian power and utilities sector - 20 May

The pace and scale of disruption in the power and utilities sector is happening faster than expected.




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PwC mentors young leaders from China and Australia on Infrastructure - 28 May

Young leaders from Australia and China are working together to provide creative solutions to issues facing both countries as part of the China Australia Millennial Project (CAMP).




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Australian entertainment and media industry must 'have a go' to grow - 15 Jun

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.




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Local economy, Local Investment Solutions with Geospacial Economic Modelling - 25 Jun

Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is.




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Australia Improving but far Behind NZ in Leveraging Mature Age Workers - 29 Jun

Australia jumped five places to 15th in OECD rankings for employment of mature age workers.




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PwC backs Australia’s best young STEM innovators with $20,000 seed funding - 1 Jul

Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians.




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PwC Australia announces FY15 full year results - 28 Jul

PwC Australia today announced its full year results to 30 June 2015 with revenue growth of 10.1% to $1.73b, supported by another year of strong profit growth.




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Cyber threats keeping Australian insurers up at night - 31 Aug

Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today.




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Plan to save the sight of 32,000 Indigenous Australians will generate millions - 1 Sep

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.




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Asia Region Funds Passport reaches critical mass with Japanese sign-up - 14 Sep

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.




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Australian corporates keen on JVs in China, but barriers remain - 21 Sep

A new PwC survey has found that 70 per cent of major Australian companies are planning to enter new joint ventures or strategic alliances to drive growth from the Chinese market.




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Regulatory headaches continue for Australian pharma industry - 23 Sep

Regulation, compliance, and price pressure are slowing access to potentially life-saving new medicines, and undermining industry confidence in the current listing process.




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Australia making progress on carbon, but more work to do - 12 Oct

Australia will need to nearly double its historic rate of decarbonisation, if it is to meet its goal of a 26 percent decrease in carbon emissions.




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Obesity to affect one-third of Australians and cost $88b by 2025 - 14 Oct

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.




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Australia and its Allies Do More With Less - 15 Oct

As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources.




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Australia behind in getting ahead of digital disruption - 20 Oct

Australia lags behind the world's best corporate performers in all ten indicators of digital intelligence needed to drive financial performance.




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A Positive and Ambitious Govt Response to Financial System Inquiry - 20 Oct

PwC partner and financial services leader Julie Coates said the Federal Government's response to the Financial System Inquiry Report was encouraging.




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Australia Tops Asian Region for Cyber Security Risks: Report - 21 Oct

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.




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Home and away, Australian CEOs bearish on growth - 16 Nov

Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets.




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Violence against women costing Australia $21.7 billion a year - 23 Nov

Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women.




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Make or break year for the future prosperity of Australia - 20 Jan

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.




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Lights out for Australian power deals - 28 Jan

2016 could be the high-water mark for Australian power and renewables deals following a strong year for transactions in 2015, according to PwC's energy, utilities and mining leader Mark Coughlin.