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Jul 16, 9:47PM
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In a scene out of HBO’s ‘Silicon Valley,’ Airbnb unveiled a very sexually connotative logo today: Bélo. Apparently no one in on the design process asked themselves, in this guy’s parlance, “Does this logo look like a boobs and a butt and a hooha?”
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Jul 16, 9:11PM
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Even as a clutch of new payment technology companies including Zooz Mobile and Plastiq announce new financing rounds today, it seems like investors are no longer paying out for payment companies. Over the past three quarters, the number of venture-backed payments companies has declined, tumbling from 59 startups in the third quarter of 2013 to just 41 companies in the second quarter of 2014.
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Jul 16, 8:48PM
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On-demand shipping startup Shyp only officially launched in San Francisco just a few months ago, but it’s already looking to expand to new markets. First, though, the company raised $10 million in new capital, led by Shervin Pishevar and Scott Stanford’s SherpaVentures. The funding follows $2.3 million in seed funding that Shyp had raised from Homebrew Ventures and a large number…
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Jul 16, 8:42PM
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The Evoke is the latest electronic vaporizer to grace the industry with its presence, and I sincerely mean that. From the looks of things, the Evoke (from LotoLabs) is one of the first vaporizers I’ve seen that looks to the past for design inspiration, with a wooden, hefty look to it not unlike the tobacco pipes of the olden days. The company touts that its induction-based vaporizer…
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Jul 16, 8:30PM
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Today after the close of regular trading, eBay announced its second-quarter financial performance, including revenue of $4.366 billion and non-GAAP earnings per share of $0.69. Its revenue tally for the period was up 13 percent year-over-year. eBay’s second-quarter GAAP earnings totaled $676 million. It’s non-GAAP earnings were much higher at $868 million.
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Jul 16, 8:30PM
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Real estate site Zillow today announced that it has acquired Retsly, a Vancouver, B.C.-based startup that helps developers access real-estate data from multiple listing services (MLS). The service takes the data from these sites and normalizes it so developers can more easily use the data in their own applications. The financial details of the acquisition were not disclosed.
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Jul 16, 8:28PM
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Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Around $1.05 billion.
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Jul 16, 7:59PM
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Pond5, Shutterstock’s rival in the digital media and video world, has today announced that the company has closed a $61 million round of funding led by Accel Partners and Stripes Group.
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Jul 16, 7:00PM
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You scream, I scream, we all transform an off-the-shelf Cuisinart soft-serve maker to extrude super-cooled and 3D-printed shells of ice cream! Three students at MIT, Kyle Hounsell, Kristine Bunker, and David Donghyun Kim, have created a homemade ice cream printer that extrudes soft serve and immediately freezes it so that it can be layered on a cooled plate. The system is a proof-of-concept…
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Jul 16, 6:51PM
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Google is planning a big advertising campaign for its Android One initiative in India this fall, according to several recent reports. While the figures don’t line up, the news itself makes a lot of sense.
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Jul 16, 6:11PM
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The Senate passed a bill that that legalized phone unlocking, which allows consumers to switch carriers with the same phone once a their contract is up.
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Jul 16, 5:47PM
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Telling your senator how to vote is as easy as “liking” a Facebook picture, thanks to a new app from the creators of TV streaming service SideReel. Countable, available for iOS and coming to Android soon, presents a succinct summary of each piece of legislation Congress is considering, along with a short one-sentence argument in favor of the bill or against it. You are then able…
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Jul 16, 5:42PM
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Apple has reached an agreement with 33 states to pay as much as $400 million to consumers to settle the antitrust suit over e-book pricing. Including attorneys’ fees and payments to states, the company could pay a total of $450 million. However, the payment could be reduced, or eliminated entirely, depending on the results of Apple’s ongoing appeal. While a federal judge ruled…
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Jul 16, 5:31PM
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This morning GHash.IO, a popular bitcoin mining pool, announced in a statement that in the future it will “not exceed more than 39.99% of the overall Bitcoin hashrate.” Earlier this year, GHash crested the 50% hashrate mark, sparking fears inside the bitcoin community regarding the so-called ’51% problem.’ The issue isn’t too hard to understand: If any one…
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Jul 16, 5:28PM
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Today at an event for its users, Airbnb announced a massive redesign to its website and mobile apps that is designed to make it easier for users to find the information that they need while also making listings on its platform more appealing. The company also introduced a new, modern logo that will replace the lower-case cursive “a” that has defined it over the last several years.
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Jul 16, 5:09PM
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Google Maps for Business is a service for enterprises and government organizations that need to visualize their assets on a map. Today, the company has announced that customers can now purchase Google’s aerial imagery directly from the company and use it to map public service projects, study the environmental impact of a project, or evaluate a property.
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Jul 16, 4:58PM
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Tired of waiting forever on a customer service call? Have no fear, FullStory is trying to minimize those endless hours spent on the phone by capturing everything a user does on a company’s product using a simple script.
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Jul 16, 4:13PM
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BlackBerry is trying to build up some steam for its upcoming BlackBerry OS 10.3 launch, and for its new BlackBerry Passport hardware, and today that means a new feature reveal: The company detailed BlackBerry Assistant on its official blog today, and the feature looks unsurprisingly like Siri and Cortana for iOS and Windows Phone respectively. The Assistant features the now-omnipresent…
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Jul 16, 4:00PM
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Homelessness in the United States is such a tremendous and multi-faceted problem that no single approach can fix it. But that means that there can be a mix of ways to help out homeless people, from federal assistance to local non-profit programs. San Francisco-based HandUp marries tech to individual charitable donations through a platform that allows donors to give to specific people. I…
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Jul 16, 3:50PM
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According to a local-language report in Finnish newspaper Helsingin Sanomat, Microsoft is gearing up for around 1,000 layoffs in Finland. Microsoft acquired around 4,700 employees in the country when it purchased substantial assets from Nokia, a deal that closed in April. We reached out but Microsoft declined to comment. At work here is the fact that Microsoft is widely expected to be…
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