Wednesday, January 31, 2018

WhatsApp hits 1.5 billion monthly users. $19B? Not so bad.

 Facebook’s $19 billion acquisition of WhatsApp sounds smarter and smarter. Today CEO Mark Zuckerberg announced on the Q4 2017 earnings call that WhatsApp now has 1.5 billion users and sees 60 billion messages sent per day. That’s compared to 1.3 billion monthly users and 1 billion daily active users in July. The massive growth makes Facebook’s choice to pay over $19 billion… Read More



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Facebook reduces time spent by 2 min/user/day to push well-being

 Facebook is putting its short-term money where it’s mouth is, reducing the presence of viral videos in an effort to boost well-being of users of its site. Today in Facebook’s Q4 2017 earnings report CEO Mark Zuckerberg announced that “Already last quarter, we made changes to show fewer viral videos to make sure people’s time is well spent. In total, we made changes… Read More



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Facebook survives Q4 with slowing 1.4B daily users but record $12.97B revenue

 Despite worries about Russia and that passive News Feed scrolling hurts us, Facebook beat expectations again in its Q4 2017 earnings report. Facebook now has 1.4 billion daily users, up 2.18% compared to growing 3.8% to 1.37 billion users in Q3. That’s a sizeable slow down, and the lowest quarter-over-quarter percentage daily user growth ever reported by the company. That could be… Read More



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Polymail looks to unify business email tools into a single web app

Touchscreen Email Concept If you’re more of a Gmail power user (or even semi-power user) and other email services geared toward work, you’ve probably installed plenty of plugins like Rapportive to make your job a little bit easier. And while it’s all fine to try to pull together a suite of plugins to make that a little bit easier, a startup called Polymail is hoping to rope that all into a single hub… Read More



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Actress Maisie Williams to launch Daisie, a social app for talent discovery and collaboration

 Actress Maisie Williams, best known for her role as Arya Stark on Game of Thrones, is the latest celeb to venture into tech entrepreneurship, with the launch of a new company aimed at connecting creatives, called Daisie. Available later this summer as a mobile app, Daisie will offer a platform where creators can network, like, share and collaborate on projects within a social networking… Read More



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SoftBank buys into Line’s mobile service in Japan

 SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More



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Samsung topples Intel to become the world’s largest chipmaker

 Samsung has ended Intel’s 25-year run as the world’s biggest seller of chipsets after it posted its 2017 end of year financials. The Korean tech giant’s chipset division — which has long been its biggest hitter — grossed total revenue of $69 billion in 2017, eclipsing the $62.8 billion Intel reported for last year. That was a record year for Intel — and… Read More



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Tuesday, January 30, 2018

Appeals court rules that Tinder’s pricing violates age discrimination laws

 A California appeals court has sided with Allan Candelore, a man suing Tinder over the pricing for its premium service, Tinder Plus. Specifically, Candelore and his lawyers argued that by charging $9.99 per month if a user is under 30, versus $19.99 per month if you’re 30 or older, Tinder is discriminating based on age. Read More



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Apple reportedly under investigation by SEC and DOJ for phone slowdown

 The U.S. Department of Justice and the Securities and Exchange Commission are jointly investigating Apple’s communications about the software update that slowed down older models of the iPhone, Bloomberg is reporting. Citing sources familiar with the matter, the government has reportedly requested details on the company’s communications about the software update. The Bloomberg… Read More



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Pinterest hires a new head of computer vision

 As Pinterest increasingly tries to sell itself as a startup specialized in computer vision that it plugs into visual discovery, it’s continuing to pick up additional pieces to help continue to build that out. Today, the company said it is hiring former Google computer vision research lead Chuck Rosenberg. Read More



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Mammoth Media, the startup behind chat fiction app Yarn, raises $13M

Hack'd Mammoth Media has raised a $13 million Series A funding to create what it calls “entertainment experiences for the mobile-first generation.” Mammoth isn’t not the first startup to pitch itself as reinventing entertainment for smartphones, but for the most part, that message has come from gaming companies. Co-founder and CEO Benoit Vatere said he wanted to take the… Read More



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Snapchat enhances Bitmoji with 1.9 septillion avatar options

 Now you can customize your Snapchat Bitmoji avatar with 40 skin tones, 50 hair colors, 50 hair treatment options and more so it looks just like you no matter what you look like. Today Snapchat launches Bitmoji Deluxe, a more configurable version of its cartoony avatars that embraces the growing diversity of its users. The feature offers an easier front-end builder that instantly previews… Read More



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BrowserStack hauls in $50 million Series A from Accel

 It’s not often you see a single venture capital firm investing $50 million in a Series A round. These usually involve a much smaller number spread across a variety of investors, but Accel saw something in BrowserStack, a mobile and browser testing platform, that’s a bit too successful to warrant the usual early-round startup label. BrowserStack has built a huge market with over… Read More



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Google completes its $1.1B deal to buy a chunk of HTC’s smartphone division

 Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC’s hardware business. The acquisition was announced back in September 2017 but now it has passed the requisite approvals and is finalized. Beyond the transfer of over 2,000 engineers from HTC — that’s around one-fifth of HTC’s engineering team — Google will also receive… Read More



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Monday, January 29, 2018

SuperPhone is building a Salesforce for texting

 The address book is the last, worst default app you rely on. It’s time it got as smart as the rest of our phones. That’s the idea behind SuperPhone. Email isn’t how you build relationships anymore. Yet most business software sanctifies the spammy inbox when it’s the immediacy of text messaging that keeps people in touch today. Read More



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Sunday, January 28, 2018

Intel reportedly notified Chinese companies of chip security flaw before the U.S. government

 Intel is not having that great of year thus far in the face of a slew of information about security flaws in it hardware coming out — and you can add another new report from The Wall Street Journal today, which suggests that Intel didn’t immediately notify the U.S. government of the issues, to that list. The Journal is reporting that Intel notified some of its customers of the… Read More



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