Tesla plans robotaxi launch, Twitter has a good quarter and JCPenney explains why it dropped Apple Pay. Here's your Daily Crunch for April 23, 2019.

1. Tesla plans to launch a robotaxi network in 2020

Tesla expects to launch the first robotaxis in 2020 as part of a broader vision for an autonomous ridesharing network, CEO Elon Musk said during the company’s Autonomy Day.

“I feel very confident predicting that there will be autonomous robotaxis from Tesla next year — not in all jurisdictions because we won’t have regulatory approval everywhere,” Musk said.

2. Twitter Q1 flies past estimates with sales of $787M and EPS of $0.25, but MAUs drop to 330M

Social networking and media platform Twitter just reported its results for the first quarter of the year.

3. Samsung confirms Galaxy Fold delay, shares ‘initial findings’ on faulty units

Once again, no details on availability are forthcoming — which is honestly probably for the best, as the company assesses the situation.

4. JCPenney explains why it dropped Apple Pay

The retailer now claims the move was necessitated by the April 13, 2019 deadline in the U.S. for supporting EMV contactless chip functionality.

5. GV-backed KeepTruckin nabs $149M at $1.25B valuation

The memorably named KeepTruckin is a developer of hardware and software that helps truck drivers manage their vehicles and cargo.

6. Vine reboot Byte begins beta testing

Twitter shut down Dom Hoffman’s app Vine, giving away the short-form video goldmine to China’s TikTok. Now a year and half since Hoffman announced he’d reimagine the app as V2, his follow-up to Vine, called Byte, has finally sent out the first invites to its closed beta.

7. Why it’s so hard to know who owns Huawei

To hear the company tell it, it’s 100 percent employee-owned. The truth is more complicated. (Extra Crunch membership required.)