Last week it was Travis Kalanick, today it’s Justin Caldbeck, the Binary Capital investor who resigned after six women came forward with allegations of sexual harassment–most of which occurred in the context of…
Kalanick’s Dramatic Uber Departure: Too Little, Too Late
First, a disclaimer: losing a parent is a horrendous and painful ordeal. We at Red Herring do not want to lose sight of the grief and loss Travis Kalanick must still be feeling,…
Tech Bigwigs Arrive in D.C. for Government Showdown
Leaders of the biggest technology companies are meeting at the White House today, as part of a day-long event to bring the industry and government closer together. The meeting of the American Technology…
Red Herring Announces Top 100 North America 2017 Winners
Red Herring has announced the winners of its Top 100 North America 2017 event, held this week in Los Angeles. The winning companies, selected from thousands of prospective startups and tech firms, represent…
Red Herring Announces Top 100 North America 2017 Finalists
Red Herring has announced the finalists for its Top 100 North America 2017 event, to be held later this month in California. The list, which has been whittled down from thousands of…
Zuckerberg’s Universal Basic Income: Why the Next Wave of Tech Demands It
Facebook founder Mark Zuckerberg’s commencement speech at Harvard’s graduation ceremony on Thursday (May 25) was stacked full of memories from his time at the university–from which he dropped out a decade previous.…
Lyft Paints it Black with New Luxury Services
Ride-hail firm Lyft has added two high-end options to its service, as the company looks to muscle in on Uber’s luxury travel market. Lyft Lux and Lyft SUV will launch across five…
The Worst Five Tech IPOs of All Time
IPOs are risky business–just ask Snap CEO Evan Spiegel, whose first financial report post-IPO left much to be desired. But while the Los Angeles-based social media firm will have had few traders…
Snap Posts Less-than-Thrilling Post-IPO Financials
Snapchat parent company Snap has released its first earnings report post-IPO, and they’re not great. Revenue for the first quarter of 2017 was $149.6 million. That compares to a loss of $2.2bn,…
WhatsApp Down for Hours–With No Explanation
Users of messaging service WhatsApp were unable to send or receive data for several hours yesterday. By 1.30pm PST most of its 1.2 billion users could send and receive messages once more.…