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Jan 29, 12:17AM
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This week NASA’s Mars Opportunity rover celebrated its 12 year anniversary on the red planet. What’s truly remarkable about this is the fact that the rover was only designed to operate for about 90 days. Due to helpful unforeseen surface conditions and few creative software changes, NASA has been able to keep Opportunity alive and operational to this day. After a 6 and a half…
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Jan 28, 11:51PM
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Vulcan, the investment firm of Microsoft cofounder Paul Allen, features a practice area that aims to “reduce our impact on the environment, particularly local watershed and ocean habitats.” So you can imagine it more than a little embarrassing when Allen’s 300-foot yacht, Tatoosh, was accused yesterday of destroying a coral reef in the Cayman Islands that has been in…
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Jan 28, 11:25PM
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Susa Ventures, a 2.5-year-old, seed-stage firm with offices in San Francisco, New York, and L.A. , is looking to raise up to $50 million for a second fund, two years after raising a $25 million debut fund. The SEC filing is here.
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Jan 28, 11:20PM
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More bad news for blood analysis startup Theranos – Walgreens has suspended use of the company’s Newark, California lab, following news the Centers for Medicare & Medicaid Services said that lab posed “immediate jeopardy” to patients. Walgreens partners with Theranos, allowing the startup to collect blood draws out of many of the drug store’s Arizona locations…
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Jan 28, 10:49PM
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Slidejoy, a startup that rewards users for putting news and advertising on their Android lockscreens, has unveiled a more comprehensive newsreading experience. Co-founder Sanghoon Kwak led the development of the new Trends feature, and he said that previously, if you were reading news on Slidejoy, you saw one article at a time, and they came from about a dozen publishers.
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Jan 28, 10:21PM
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Here’s a surprise: Facebook is closing its Parse developer platform. After acquiring the service, which at the time mostly focused on mobile developers, for a reported $85 million in 2013, Facebook turned Parse into one of its key developer services.
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Jan 28, 9:38PM
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Both Bank Of America and Wells Fargo are working on integrating Apple Pay into their ATMs, according to a source familiar with the teams on the projects. Engineers at both companies have been placed on multi-month assignments to build the Apple Pay options. I’ve confirmed the identity of at least one engineer who publicly lists themselves as a Bank Of America employee. Wells…
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Jan 28, 9:37PM
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Africa’s first billion-dollar tech IPO on a major exchange may be imminent.
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Jan 28, 9:16PM
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Despite posting the best quarterly profit in its history, Amazon plummeted as much as 13% after-hours after missing on net sales and earnings per share. This came after the stock had soared to end up nearly 9% in the hours preceding the earnings release. The Seattle-based retail company reported net sales of $35.7 billion for the fourth quarter of 2015, up 22% from $29.3 billion in the…
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Jan 28, 9:12PM
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Microsoft today reported earnings for its second financial quarter of 2016 (I know, that’s weird, but Microsoft’s financial year ends in June). The company reported non-GAAP revenue of $25.7 billion for the last quarter and $0.78 of adjusted per-share profit. Wall Street expected Microsoft to deliver an EPS of $0.71 on revenue of $25.26 billion. In the year-ago quarter, the…
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Jan 28, 9:09PM
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Shypmate, which is part of Y Combinator’s Winter 2016 batch, is a quick, low-cost international shipping solution that relies on everyday people to transport items from the U.S. to Ghana and Nigeria. Why Ghana and Nigeria? Well, the founding team (pictured above) has members from both Ghana and Nigeria — two African markets they’re familiar with and have a need for this kind…
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Jan 28, 9:00PM
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The automotive industry is rapidly evolving to transform the car from a simple mode of transport to a personalized information hub: There will be an estimated 220 million connected cars on the road globally by 2020. Each of those cars will be equipped with more than 200 sensors, more than double the number of sensors in connected cars on the road today.
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Jan 28, 8:38PM
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Apple has acquired education-technology startup LearnSprout, Bloomberg reported a bit ago and we have just confirmed. Terms of the deal were not disclosed. LearnSprout is a three-year-old, San Francisco-based software startup whose online data insights help K-12 educators track students’ performances. The company had raised $4.7 million from investors across two rounds, including…
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Jan 28, 8:30PM
Ajit Pai, FCC Commissioner and outspoken critic of the Title II regulation proposed by FCC Chairman Tom Wheeler, says Silicon Valley’s entrepreneurs should not support Net Neutrality.
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Jan 28, 8:21PM
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Wael Ghonim is an activist who helped spark the Egyptian Revolution, a wave of protests and demonstrations in Egypt that were part of the Arab Spring, and which helped overthrow the long-reigning Egyptian dictator Hosni Mubarak. Ghonim, who worked for Google at the time, used social media to unite Egyptians and create the movement in his country and was jailed for it. Thanks to social media…
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Jan 28, 7:55PM
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BirdEye, a software company focused on helping its clients improve their business reputations and customer experiences in real time, has raised $8 million in Series A funding led by Trinity Ventures. Plenty of Silicon Valley luminaries also piled into the round, including Salesforce CEO Marc Benioff; Yahoo co-founder Jerry Yang; Square’s project engineering lead Gokul Rajaram; Kevin…
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Jan 28, 7:49PM
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Dropbox just released its diversity report for 2015 on the company’s blog, citing some progress around having more women in leadership positions, with 25 percent of the VPs at the company being women, but an overall decline in percentage of women. Last year, Dropbox was 33.9 percent women worldwide. This year, that percentage has dropped to 32 percent world
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Jan 28, 7:46PM
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A refrain about my generation is that we are too ephemeral and that our memories are too fleeting. Exhibit A: Snapchat. Now, obviously generational complaints are generally bullshit and olds are meant to be ignored, but it’s also not like I just want to forget everything, either.
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Jan 28, 6:33PM
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The mobile experience for Reddit has honestly always kind of sucked, and that’s one of the things Reddit CEO Steve Huffman has devoted a ton of resources to fixing since coming on as redditor-in-chief. Today, in a post on the site, Huffman announced that Reddit would be releasing the beta of its Android app today with an iOS versions soon to follow. “Whether you access it from…
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Jan 28, 6:33PM
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Riffsy CEO David McIntosh doesn’t think GIFs are a novelty — he thinks they’re the harbinger of a new form of communicating emotion over the Internet. “The beauty of GIFs is if someone texts you ‘what’s up,’ you might send back ‘hey, I’m ok’ and people might think something’s wrong,” McIntosh says. “Or you can…
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