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Oct 14, 8:31PM
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As expected, Square has filed to go public. The financial transactions shop reported in its S-1 document that during the first half of 2015, it had revenue of $560.6 million, and a loss of $77.6 million. Those numbers compare favorably to the year-ago six month period during which Square reported $371.9 million in revenue, and a slightly steeper $79.4 million in losses. In short, Square grew at…
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Oct 14, 8:18PM
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As part of its earnings report today, Netflix said it added 3.62 million new subscribers — 0.88 million domestically and 2.74 million internationally. It was a big miss for investors that promptly sent the stock down more than 10% in extended trading. That’s compared to prior year growth of 3.02 million, and the company had previously forecast growth of 3.55 million this…
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Oct 14, 8:16PM
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Today following the bell, Netflix reported its third quarter financial performance, including revenue of $1.74 billion and earnings per share of $0.07. Analysts had expected the online video shop to earn $0.08 per share, off revenue of $1.75 billion. Following its earnings miss, shares of Netflix are cratering, dropping over around 10 percent in after-hours trading. During regular hours,…
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Oct 14, 8:05PM
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Eventbrite, the nine-year-old, San Francisco-based online ticketing platform, wants to do much – much – more for its customers once they’ve actually arrived in an event venue. Its newest initiative: wristbands. It’s more interesting than it sounds – and potentially very lucrative. Some backstory: Eventbrite recently (quietly) acquired a small Canadian RFID…
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Oct 14, 7:48PM
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In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data needs to be stored somewhere and that’s where EMC comes in. Dell already has been selling storage of course. In fact, it bought EqualLogic in 2007 for $1.4 billion, which seemed like a…
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Oct 14, 7:15PM
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Over the years, Apple has introduced features to its mobile operating system, iOS, that made jailbreaking your device in order to customize and tweak your phone or tablet less appealing. Users now can do things like add widgets, install dynamic (moving) wallpapers, send audio messages, quickly access frequently used controls and, thanks to 3D Touch, invoke shortcuts to installed…
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Oct 14, 7:00PM
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Venky Harinarayan, is an e-commerce veteran who co-founded comparison shopping engine Junglee (acquired by Amazon in 1998), worked closely with Jeff Bezos to create Amazon Marketplace, created topical guide to the Web Kosmix (now known as Walmart Labs), and served as angel investor in companies such as Facebook and Lyft. He has just launched Rocketship Ventures, a seed-stage firm which uses…
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Oct 14, 6:44PM
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August Smart Locks wants to usher in a new level of convenience for the on-demand economy. Instead of rushing home to meet your courier, cleaner, or assistant, or having to give strangers a copy of your house key, you can just authorize them to open your door via August. By launching its August Access partnership program with companies like Postmates, Shyp, Handy, and Alfred, August gets a…
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Oct 14, 6:37PM
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Erica Baker, a build and release engineer at Slack, is making waves in tech right now. She’s the ex-Google employee who released employee salary data that revealed unequal pay at Google. She’s also the one behind #RealDiversityNumbers, a Twitter movement to get companies reporting numbers around retention, number of lawsuits settled out of court, etc. And just this week…
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Oct 14, 6:12PM
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Like any empire, Uber has been fighting battles on multiple fronts. In New York, that battle was against Mayor Bill de Blasio who sought to limit the number of new Uber drivers that could be added in the city. (Uber eventually won that fight.) The reason for de Blasio’s intent to limit Uber? Traffic congestion. But new data released by FiveThirtyEight suggests that, at least in terms…
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Oct 14, 5:48PM
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LinkedIn — the platform used by some 380 million professionals for networking, job hunting, learning things and more — today took the wraps off two new products aimed at one of LinkedIn’s biggest groups of paying users: talent recruiters. At LinkedIn’s Talent Connect event in Anaheim, California, the company announced Referrals, a way for companies to automate the…
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Oct 14, 5:06PM
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French startup Clustree has just raised a new funding round of $2.9 million (€2.5 million) with Alven Capital and business angels. As a reminder, Clustree automagically finds the right person for the right position within big companies using big data. It’s a great tool for HR departments who might not think about internal candidates and employees who might feel stuck in their jobs.
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Oct 14, 5:02PM
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My dad grew up on a farm. The food put on his kitchen table each night came from his family’s own garden. I grew up in the suburbs and now live in the city, and my food has almost exclusively come from a grocery store or a restaurant. My (future) children’s food will likely come from the internet and be bottled like Soylent. Edn, a stealthy startup out of Denver, is looking to…
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Oct 14, 5:01PM
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Honor, the San Francisco-based company that is tackling the issues posed by a rapidly aging American society, is shifting closer to an on-demand model with Honor Now. The new product will bring customers a care coordinator to them or their elderly family members within two hours. CEO Seth Sternberg said that initially, he thought the company would be focused on scheduled care. But he found…
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Oct 14, 5:00PM
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Unlocking your door might not sound exciting, but once you’ve seen an August Smart Lock in action, you’ll change your mind. The company behind it, August, is doubling down on the connected home with a handful of new products and a partnership program that opens the door to new uses of their devices.
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Oct 14, 4:58PM
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Not all the “box of the month” clubs have found success, but one that took a slightly differentiated route – full-sized products, shipped quarterly – has bootstrapped its way to $15 million in annual revenue, investors tell us, and has recently taken in its first outside capital. FabFitFun, a women’s lifestyle subscription box company, is announcing that…
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Oct 14, 4:57PM
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Google first announced Universal App Campaigns, a product that allows developers to easily advertise their apps, at its I/O Developer Conference in May. Now, almost half a year later, this service has gone live in the Google Play Developer Console. Google is also launching a new performance report for developers that allows them to see how well their Play Store listings and promotions are…
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Oct 14, 4:56PM
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Twelve South has been making Apple accessories for years. Of late, however, they’ve been hitting it out of the park with some impressive Apple Watch stands including the original HiRise and the even more impressive and shiny Forté. At $59 this dedicated magnetic watch stand that connects to Apple’s OEM cable is a bit pricey. However, if you’re looking for something showcase…
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Oct 14, 4:54PM
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LinkedIn, the social network for professionals with over 380 million members, is working hard to bring its brand and its platform into the 21st century to make it more relevant to how people do business today. As part of that, company CEO Jeff Weiner — who happens to also be the company’s head of product — previewed a new version of its flagship mobile application today.
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Oct 14, 4:30PM
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Kamo Asatryan spent a lot of time working with his clients on finding ways to build new, first-time user experiences to help them close a deal. In fact, he was spending so much time that he decided to start a whole service built around that. Enter Primer, a service for companies that helps them provide custom, first-time user experiences in order to help convert them into users. Companies are…
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