Reports suggest Yahoo will invest $20 million in Snapchat, as a part of a financing round that would give the ephemeral messaging app a $10 billion valuation. If it does, it would…
Windows update, JP Morgan breach and Angry Birds streamlined
Microsoft announced the successor to Windows 8 this week – Windows 10.
Thiel’s Twitter attack, Windows announcement and iPhone released
Twitter shares have fallen over 20% in 2014 as the company has failed to grow its user base at the same pace as its competitor, Facebook. According to prominent venture capitalist and PayPal’s billionaire co-founder Peter Thiel, Twitter’s problems might stem from an issue of serious mismanagement…and pot smoking.
Berlin’s Inkitt aiming for 50 Shades of Green as digital publishing lifts off
Tucked in a bar-laden, cobblestoned corner of Berlin, a two-person team is trying to change the way Europe reads and writes. Inkitt, founded in 2012, claims to offer writers a platform to…
The Internet slows down, Microsoft’s Minecraft bid and Home Depot hacked
The core principle behind the net neutrality movement is that all data should be treated equally. Internet service providers (ISPs) are challenging that viewpoint by proposing ‘fast lanes’ for certain content delivered on the internet, and charging more for anything utilizing these fast speeds.
Fantasy sports websites hit investment streak as market heats up
On the surface, there’s nothing surprising about a $70 million football contract these days. Sure, it’s a hefty sum, but no more than what the Arizona Cardinals agreed to pay cornerback Patrick…
Soundcloud to monetize, Y-Combinator Demo Day and Stripe and Twitter team up
SoundCloud set to monetize The six-year-old music streaming service SoundCloud now has 175 million monthly users, making it four times bigger than Spotify. And the company has decided the time is right…
Weekly Digest: Taxi market heats up, Russian PM has Twitter hacked, Sprint to slash prices
Taxi Market Heating Up Disruption is one of the most overused words in technology, but there is perhaps no better term to describe what Uber and its scrappy rival Lyft are doing…
Buzzfeed raises $50 million funding round – Investment Round Up
Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital,…
Social media giants enjoy encouraging quarter
The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum,…