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Snapchat Is Now The #3 Social App Among Millennials
Aug 11, 10:59PM
Snapchat is now the third most popular social app among millennials, according to a recent report by comScore which finds that Snapchat has 32.9% penetration on these young users’ mobile phones, trailing only Instagram (43.1%) and Facebook (75.6%). That means the app is more popular than Twitter, Pinterest, Vine, Google+ or Tumblr among the millennial demographic, which comScore… Read More
Silbert's Bitcoin Opportunity Fund Drops $250K On India-Based Unocoin
Aug 11, 10:57PM
Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors. Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin. The company, which handles trading, merchant processing and storage for the currency, is based just outside Bangalore in… Read More
Now Launching Out Of Y Combinator, Theorem Aims To Be The Priceline For Fashion
Aug 11, 10:40PM
At first, what Theorem does sounds like what a lot of other companies do: It’s an online marketplace for well-made, higher-end clothing and accessories. But Theorem comes with a very interesting twist: The price of each item is up for negotiation. Buying something on Theorem hearkens to the kind of give-and-take that’s been practiced in flea markets and bazaars for centuries,… Read More
Four Of The Best Investors In The Game Will Talk Trends At Disrupt SF
Aug 11, 9:16PM
We’ve had a lot of exciting guests cross our Disrupt stage — there was the time we had the HBO crew from Silicon Valley do an interview, and Ashton Kutcher is becoming a regular fixture, not to mention repeat appearances from Mark Zuckerberg and Marissa Mayer and Marc Benioff. But perhaps more exciting than anything is our investor panel, which pulls together some of the most… Read More
YC-Backed Rigetti Computing Raises $2.5M To Create Commercial Quantum Systems
Aug 11, 8:19PM
Once confined to research labs and science fiction, quantum computing is finally reaching a point where researchers aren’t simply trying to find out what’s possible, but looking at how they can actually work the technology into commercial hardware. YC-backed Rigetti Computing wants to be one of the companies that leads the effort to create an ecosystem around quantum computing. Read More
Glowing Plant Is One Of Y Combinator's Very First Biotech Startups
Aug 11, 7:40PM
Long known for backing software plays, Y Combinator is starting to dip its toes into biotech. In its latest batch is a new synthetic biology startup called Glowing Plant that blew away Kickstarter funding goals last year with plans to engineer — you guessed it — a glow-in-the-dark plant. Glowing Plant’s aims are to build functional plants for the home that could repel insects… Read More
Bitcoin Slips As US Consumer Finance Agency Warns Of Cryptocurrency Risks
Aug 11, 6:49PM
Remember bitcoin? Today the Consumer Finance Protection Bureau (CFPB) issued a lengthy set of risks that the cryptocurrency poses to early adopters. The list is somewhat decent in its content, though I suspect the bitcoin faithful will find its tone to be overly negative. That same contingent will likely also find it encouraging that the CFPB is paying bitcoin any mind at all. The CFPB has… Read More
BeachMint Gets Lucky In Joint Venture With Conde Nast
Aug 11, 6:15PM
E-commerce platform BeachMint announced it will take over all operations for Lucky Magazine today. The takeover is part of a newly formed joint venture between BeachMint and magazine publishing giant Conde Nast. Called The Lucky Group, it will be led by BeachMint’s Josh Berman as CEO with Lucky’s editor in chief Eva Chen and the magazine’s senior VP, Gillian Gorman Round.… Read More
Google Invests In $300M Submarine Cable To Improve Connection Between Japan And The US
Aug 11, 5:57PM
Google today announced that it is joining a consortium of five other companies to build and operate FASTER, a new trans-Pacific cable system that will connect Japan to the west coast of the U.S. with initial speeds of up to 60 Tb/s. Other members of the consortium include China Mobile International, China Telecom Global, Global Transit, KDDI and SingTel. NEC will be the system supplier. Read More
The FCC To Host Net Neutrality Round Tables
Aug 11, 5:27PM
The Federal Communications Commission (FCC) will host four “Open Internet Round Tables” to discuss a number of topics that relate to net neutrality. The six sessions start with basic questions regarding the brass tacks of net neutrality itself, moving into the more technical aspects of the idea. The economics of broadband, a related topic, will also be discussed. According to the… Read More
Parenthoods Debuts A Mobile Social Network Just For Moms And Dads
Aug 11, 5:14PM
Becoming a parent is an amazing, life-changing experience, but it can also be one that’s isolating and lonely – especially if your pre-baby social activities involved spur-of-the moment invites, happy hours, and nights out on the town. Parenthoods, a new Y Combinator-backed mobile platform, wants to help with the social isolation parenthood can bring by offering a community for… Read More
Muzooka Raises $3M In Series A To Expand, Shift Focus To Music Data Exploration
Aug 11, 4:42PM
Muzooka, a cross-platform music discovery tool that connects artists and producers through crowdsourcing, raised $3 million in a Series A-1 round, bringing the total raised capital to $3.6 million. Read More
One Diary Wants To Make Your Calendar Smarter
Aug 11, 4:36PM
One Diary is (another) attempt to make your calendar smarter. But, unlike something like Sunrise, which just landed a hefty funding round led by Balderton Capital, the UK startup isn’t trying to be a calendar app to replace your existing one, but is focusing instead on being the middleware between you and your calendar of choice. Read More
Parrot Jumping Sumo And Rolling Spider Review: Mini Bots Best For Drone Newcomers
Aug 11, 4:23PM
Parrot is trying to expand the reach of its consumer drone products with two new gadgets now available to buy, the Jumping Sumo and the Rolling Spider. The names are slightly silly, just like the products themselves, which give you a taste of the full drone experience at a fraction of the price, and which are probably best for kids new to the world of smartphone-controlled robots and people… Read More
StudyBlue Founder Chris Klundt Steps Back Into CEO Role, Revamps Site Design, Preps For Pro
Aug 11, 4:00PM
Just in time for students to head back to school, crowdsourced flash card study platform StudyBlue announced a new site design, search navigation capabilities, a lifelong learning feature, a new pro version of the platform and that co-founder Chris Klundt would be stepping back into the role of CEO today. Read More
OpenTable Expands Mobile Payments To New York, And Soon, 20 More Cities
Aug 11, 3:25PM
OpenTable, which first announced its mobile payments pilot program this February in San Francisco, is about to speed things up. The company said this morning that it’s now expanding its mobile payments service to a number of restaurants in New York and plans to introduce payments to 20 more cities before the end of 2014. Read More
Chromebooks Sales Growing But Still A Drop In The Devices Ocean
Aug 11, 3:16PM
Chromebook sales are rising, fueled predominantly by the North American education sector, but despite some increase in sales the Google OS-powered laptops will remain a niche market for next five years, according to analyst Gartner. Read More
Gradberry Aims To Bridge The College Grad Skills Gap
Aug 11, 2:30PM
Last year as I was visiting colleges with my son, I noticed schools often had facilities to train students with a distinctly 20th century bent, but lacked the modern skills training students will need in today’s highly competitive and shifting job market. Early-stage startup, Gradberry, which comes out of beta this week, wants to fix that by teaming with employers and graduates and… Read More
YC-Backed Impraise Makes Workplace Performance Reviews Less Painful
Aug 11, 2:00PM
Performance reviews are a hassle for everyone involved. Supervisors have to deal with an onslaught of paperwork and meetings, but employees who only get assessments once or twice a year can often feel as if they are working in a vacuum. A startup called Impraise wants to change the way workplaces approach performance reviews. Read More
Online Bridal Boutique Weddington Way Raises $9M Series A
Aug 11, 1:58PM
Online boutique for brides and their wedding parties, Weddington Way, announced today it has closed on $9 million in Series A funding in a round led by Javelin Venture Partners. Existing investors Battery Ventures, Felicis Ventures and Trinity Ventures also participated, bringing the company’s total raise to date to $11.5 million. Other strategic investors include Bonobos founder Andy… Read More
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