Spare a thought for high end fashion boutiques. The rarefied aura of prestige and privilege they spend so long cultivating to reflect the premium brands they stock means they can’t use something as crudely effective as discounts to lure customers in store. So how do they acquire new customers? Read More
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This morning at Asana’s San Francisco headquarters, the startup announced a new version of its product, a new brand — logo — and, happily, some metrics about its growth. As you will recall, the startup picked up a new Head of Business from Google on Monday, announcing at the same time that it has expanded its revenue by 230 percent over the past year. Growth Asana announced…
Next Issue, the publisher-backed subscription service offering unlimited access to 160 magazines, is launching a revamped app with new features and a new name — Texture. A joint venture from publishers Conde Nast, Hearst, Meredith, News Corp. and Time Inc., Next Issue launched more than three years ago. It raised $50 million from KKR at the end of 2014, and CEO John Loughlin said…
The decisive leadership of a founder could be what’s necessary to bring Twitter’s value to the masses. And apparently that’s what it’s going to get, as Re/Code reports Twitter has made the decision to bring its co-founder and Square chief Jack Dorsey back as CEO. He’d been serving as Twitter’s interim CEO for four months since Dick Costolo chose to step…
Today, Google announced that it will be adopting a new standard for carrier messaging called Rich Communications Services (RCS), thus eventually moving on from SMS. The company also announced the acquisition of Jibe Mobile to help bring RCS to its Android products.
Managing a complex modern IT infrastructure is hard. NodePrime, a San Francisco-based startup that’s emerging from stealth today, wants to make it easier for companies to map, monitor and control their data centers. The company also today announced that it has raised a $7 million seed round with participation from the likes of Menlo Ventures, NEA, Formation 8, Ericsson, Initialized…
Nuzzel, the social news startup led by Friendster founder Jonathan Abrams, is announcing a bunch of new investors today, including Matter, the Knight Foundation-backed incubator for media startups.
In a clever move that combines Amazon’s prowess as a large online retailer and advertising platform with its footprint in the mobile gaming market, the company today introduced a new service called Merch by Amazon aimed at helping app developers – or any other content creators – increase their revenue by selling branded t-shirts to their customers. Developers and others can…
Mobile shopping app Ibotta, which got its start as an alternative means of saving money while grocery shopping without having to clip coupons, has now closed on $40 million in Series C funding to continue to scale its business. A testament to building something practical and useful for the everyday consumer, Ibotta has seen over 10 million downloads to date and a user base that has saved a…
Much like the evolution of systems design, IT-enabled process change ebbs and flows over time. We see this in history as each technology revolution brings with it a refactoring of business operations. We’re about to see another “flow” of transformation thanks to resurgent interest in artificial intelligence and the emergence of the AI-powered business application.