Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion,…
Kickstarter risks losing itself in the crowd with latest rule changes
Kickstarter relaxed its regulations this week, in an effort to increase the number of projects eligible to receive funding through the site. After five years of enforcing higher barriers to entry than…
2014 Red Herring North America Top 100: Winners
The Red Herring Top 100 North America event in Monterey, California brought together a vast and remarkably successful field of companies. The group of finalists hailed from many different industries, offered a…
Cloud storage market braces for impact as Apple revamps iCloud offering
Apple’s Worldwide Developers Conference (WWDC) began this week, and while consumers hoping for hardware like the iWatch or an Apple-designed TV were left disappointed, there were enough software announcements to make certain…
Apple, Microsoft and Google set for battle to control consumers’ homes
The news that Apple is set to unveil a software platform to control the objects inside our homes reflects a push by technology companies to completely integrate their products into our everyday…
Samsung to launch Tizen smartphones in Russia, India
Samsung is making a push into the mobile software and services market with its Tizen operating system, and plans to launch a new smartphone featuring the system in Russia and India shortly,…
Yahoo’s Alibaba cash windfall puts pressure on CEO Mayer to spend
Chinese e-commerce giant Alibaba has finally filed for a $1 billion IPO – though the final figure raised could make it the world’s largest-ever public offering. The much awaited filing brought with…
Twitter’s slowing user growth continues to worry investors
Twitter’s shares have hit their lowest point since the company’s IPO last year, and critics predict impending doom for the social media site. Is Twitter in danger of being crushed by its…
Apple prepares bond sale worth $17 billion
Apple will again sell billions of dollars worth of bonds this year. The company had previously offloaded $17 billion worth of debt twelve months ago in what was then the biggest-ever sale…
VKontakte CEO Durov departs company
Pavel Durov, the 29-year-old founder of VKontakte, Russia’s biggest social network, has finally left the company less than a month after pretending to resign as part of an apparent April Fool’s joke.…