So this just happened. AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying the company for $4.4 billion, or $50 per share. We’ve just been sent an internal memo about the deal that we are embedding below. Read More
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SherpaVentures, the venture fund run by Shervin Pishevar and Scott Stanford, is raising a new $175 million fund, according to a filing with the SEC. This is the second fund from SherpaVentures for investing in startups at the Series A or Series B stage, and it is just a bit more than the $150 million it raised in Fund I. In addition to these main funds, Pishevar and Stanford have a $250…
If you’re looking to meet new people but don’t want to explicitly commit to it being a date, as on Tinder, a new app called Wiith wants to help. The social app aims to connect nearby people who share the same interests and have them join up for local activities and events – like a more informal version of Meetup, perhaps. The idea that the younger, mobile generation…
Microsoft’s new Surface 3 tablet received an update today aimed at helping large organizations deploy the small tablets across their personnel. The unnamed update, according to Microsoft, will assist its “customers intending to do mass deployments into larger organizations.”
Apple’s latest iOS 8.4 beta, the third for the next significant iOS software update, is now available. This most recent installment continues to offer a revamped Music app, bringing both function and UI changes to the music playback app, a move many suspect also prefaces the possible arrival
The New York Times said today it’s ditching the paid subscription model for its mobile app NYT Now, after failing to convert a significant number of mobile users to subscribers. The app, which previously cost $7.99 per month, was introduced last year as part of a larger effort at the Times to grow its subscription base by introducing new mobile products. The NYT Now app in particular…
Google has introduced an interesting new feature to the Google Play Store after it began allowing users to pre-register for upcoming Android apps.
Apple will extend several of its environmental projects in China, one of its fastest-growing markets. These initiatives include a partnership with the World Wildlife Fund (WWF) to protect forests used in the production of paper packaging for Apple items, as well as an effort to increase the use of renewable energy in factories that supply Apple components.
Okay, it’s technically not “middle” America, geographically speaking, but it is a small chunk of suburbia on the outskirts of an even smaller urban center. A place where people don’t rush right out and buy the latest new gadget simply because it exists. Where people don’t even notice your upgraded Dick Tracy-style Apple Watch wristwear, unless you find yourself…
What is it about e-commerce mattress startups of late? In the U.S., Casper made headlines last year after raising $13.1 million in Series A funding led by New Enterprise Associates. The company wants to “reinvent the way mattresses are made and sold” by selling its own high quality brand directly online, thereby cutting out the commission-based middle person inherent in the…