Snapchat Files Trademarks To Handle Payments
Snappay? Snapchat may try to monetize by processing peer-to-peer payments, money transfers, or online payments, according to two trademarks it filed earlier this week. Owned by Snapchat and filed on July 11th by an attorney at Cooley, which is known to be Snapchat’s law firm, the trademarks could keep anyone else from entering the same space under the Snapchat name. After being tipped… Read More
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Xbox One Sales “More Than Double” In June, But Microsoft Doesn’t Disclose Absolute Figures
Today Microsoft announced that in June, sales of its Xbox One console “more than doubled.” It did not release a concrete sales figure for the time period, disappointingly. Microsoft last indicated a hard sales number for the Xbox One in April. It sold 115,000 consoles that month. It isn’t clear if its sales declined in the ensuing period thus making the doubling less… Read More
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Shipping Startup Shyp Raises $10M Led By SherpaVentures, Plans Expansion To New York City
On-demand shipping startup Shyp only officially launched in San Francisco just a few months ago, but it’s already looking to expand to new markets. First, though, the company raised $10 million in new capital, led by Shervin Pishevar and Scott Stanford’s SherpaVentures. The funding follows $2.3 million in seed funding that Shyp had raised from Homebrew Ventures and a large number… Read More
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Evoke Is A New Induction-Based Vaporizer That Looks And Feels Like An Old-School Pipe
The Evoke is the latest electronic vaporizer to grace the industry with its presence, and I sincerely mean that. From the looks of things, the Evoke (from LotoLabs) is one of the first vaporizers I’ve seen that looks to the past for design inspiration, with a wooden, hefty look to it not unlike the tobacco pipes of the olden days. The company touts that its induction-based vaporizer… Read More
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Y Combinator May Be Worth One Billion Dollars. Here’s The Math
Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Around $1.05 billion. Read More
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Pond5 Raises $61 Million Series A Led By Accel Partners, Stripes Group
Pond5, Shutterstock’s rival in the digital media and video world, has today announced that the company has closed a $61 million round of funding led by Accel Partners and Stripes Group. Google Starts Selling Its Aerial Imagery To Maps For Business Users
Google Maps for Business is a service for enterprises and government organizations that need to visualize their assets on a map. Today, the company has announced that customers can now purchase Google’s aerial imagery directly from the company and use it to map public service projects, study the environmental impact of a project, or evaluate a property. Read More
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BlackBerry Gets Its Own Siri With BlackBerry Assistant
BlackBerry is trying to build up some steam for its upcoming BlackBerry OS 10.3 launch, and for its new BlackBerry Passport hardware, and today that means a new feature reveal: The company detailed BlackBerry Assistant on its official blog today, and the feature looks unsurprisingly like Siri and Cortana for iOS and Windows Phone respectively.
The Assistant features the now-omnipresent… Read More
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HandUp Raises $850K For A Platform That Lets Donors Lend A Hand To The Homeless
Homelessness in the United States is such a tremendous and multi-faceted problem that no single approach can fix it. But that means that there can be a mix of ways to help out homeless people, from federal assistance to local non-profit programs. San Francisco-based HandUp marries tech to individual charitable donations through a platform that allows donors to give to specific people. I… Read More
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Microsoft May Axe One-Fifth Of Its Nokia-Sourced Finnish Workforce
According to a local-language report in Finnish newspaper Helsingin Sanomat, Microsoft is gearing up for around 1,000 layoffs in Finland. Microsoft acquired around 4,700 employees in the country when it purchased substantial assets from Nokia, a deal that closed in April. We reached out but Microsoft declined to comment. At work here is the fact that Microsoft is widely expected to be… Read More
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