Startups

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Startups and nonprofits set sights on closing the achievement gap through internet access

Internet Login Field With the dawning of the digital age, low-income students face a new, unprecedented challenge: access to high-speed internet. Startups and nonprofits across the country are stepping up to help low-income families connect to the internet. They deliver programs that aim to facilitate the personal, academic and professional growth of their local communities. Read More

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Ozlo releases a suite of APIs to power your next conversational AI

Illustration of laptop connected to bookshelf Building on its promise to give the entrenched a run for their money, conversational AI startup Ozlo is making its meticulously crafted knowledge layer available for purchase today. Ozlo’s new suite of APIs that includes tools for both expressing knowledge and understanding language will help to democratize the creation of conversational AI assistants. In the spirit of the expert systems… Read More

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Blackstorm Labs looks to bring the co-op experience to a Facebook Messenger game

blackstorm boss raids Co-founder Ernestine Fu hopes that Blackstorm Labs, the makers of a bullet hell-ish fantasy shooter called EverWing, has figured out how to tap into that real-time co-operative experience that you might find in a massive online game like World of Warcraft within Facebook Messenger.
The company is calling the experience Boss Raids. EverWing runs on HTML5 within Facebook Messenger, where… Read More

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Discors piles new publishers into its pay-once-read-everything service

2-analysis-grid-graphic News outlets are having the time of their lives as people are flocking in to subscribe, but what if you want to read more than one news outlet? You could keep a giant stack of subscriptions, or you could reach for Discors. The startup recently announced it’s adding The New York Times and the Financial Times to its $4.99 per month subscription model. Read More

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Snap’s high-priced IPO rakes in cash for big acquisitions

snapchat-ads Most of Snap’s top products came from acquisitions, and now it will have the war chest to make more. Yet it didn’t have to blow its momentum to collect this cash. After pricing its IPO at $17, above its original $14 to $16 range, today its shares popped over 40 percent to start trading at $24. That means it pocketed $3.4 billion while still looking cool and confident on the… Read More

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Leaked emails put spotlight on Snapchat sales tactics

Evan Spiegel and Bobby Murphy, developers of Snapchat (Photo by J. Emilio Flores/Corbis via Getty Images) Everytown for Gun Safety, a gun safety and gun control nonprofit backed by former New York City Mayor Michael Bloomberg, faced an awkward decision while working with Snapchat last year, according to leaked emails obtained by Mic. Everytown was collaborating with the Snapchat news team on a “Guns in America” Live Story tied to National Gun Violence Awareness Day. This… Read More

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Snap values itself at nearly $24B with its IPO pricing

snap spectacles Snap has given a final price for its IPO, setting the company’s valuation at nearly $24 billion with a price of $17 per share, according to a report by The Wall Street Journal. With that, it looks like Wall Street had plenty of appetite for Snap despite multiple major concerns about the company’s business. Slowing user growth, rising burn and a dependence on Google and Amazon for… Read More

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Five burning questions that Snap’s IPO is about to answer

American flags fly above a Snapchat sign displayed outside of the New York Stock Exchange (NYSE) stands in New York, U.S., on Friday, Oct. 21, 2016. U.S. stocks trimmed losses as deal activity boosted consumer stocks and Microsoft Corp. rose toward a record, offsetting losses spurred by concerns a stronger dollar will damp corporate earnings. Photographer: Michael Nagle/Bloomberg via Getty Images Snap will begin publicly trading tomorrow, which means that it will officially give a price for its shares in its initial public offering this evening. Originally setting a range between $14 and $16, the company set its own valuation lower than what tech observers might have expected, given the hype of the first big tech IPO of 2017. Read More

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Spotify is testing a lossless subscription tier for $15 to $20 per month

spotify black history month Spotify is thinking about introducing a new paid option in addition to the existing Spotify Premium subscription called Spotify Hi-Fi. For an extra $5 to $10, you could get all the features in Spotify Premium as well as lossless high fidelity streaming. There could also be a couple of new features. The Verge first spotted that the company has been doing tests on its mobile app. There are… Read More

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Nearpod raises $21 million to turn mobile devices into a teaching tool rather than classroom distraction

A teacher uses Nearpod to deliver digital curriculum to students' mobile devices, during class. Nearly 80% percent of American adults have smartphones these days, according to Pew Research. And the kids are catching up, studies from the Kaiser Family Foundation suggest. Now, an education tech startup called Nearpod has raised $21 million in venture funding to help teachers turn mobile devices into a positive force for learning in the classroom, rather than a distraction they must… Read More

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