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,…
Google’s Top 5 moonshot projects
Google[x], the search giant’s secret research and development lab for ideas that ostensibly have nothing to do with search, has been a source of intrigue since its creation in 2010. The outfit…
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…
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…
Red Herring Announces Finalist for 2014 Top 100 North America
The Red Herring editorial team is pleased to announce the 2014 Finalist list for the upcoming Red Herring Top 100 North America event. This set of companies represents the short list for…
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…
Nokia’s handset business to become Microsoft Mobile – report
Nokia’s handset business Nokia Oyj is to be renamed Microsoft Mobile when Microsoft’s $7.2 billion acquisition is completed on Friday, according to reports. The name change was announced by blogger Nokiapoweruser, who…