Square Prices Its IPO At $9

Square’s somewhat conservative pricing earlier this month just got a lot more conservative. Square today priced its initial public offering at $9, giving the company a valuation of $2.9 billion. The last time the company raised money, it was valued at $6 billion, and earlier this month gave a range of $11 to $13 per share, valuing […]

How Much Technology Is Too Much Technology?

There are many visions of what our hyper-connected future might look like. We’re packaged countless variants on the shiny-techie-future vision theme every day as marketing departments lay it on thick to try to put gloss on their latest product and restless grease on the wheels of consumption. Thing is, these tales of shiny futures are not really that interesting. Given […]

Facebook Says It Will Enable Safety Check During More Human Disasters, Following Criticism

Facebook CEO Mark Zuckerberg committed to turning on Safety Check in more human disasters going forward, responding to criticism that the company turned on its safety feature for Paris but not for Beirut and other bombings. Zuckerberg explained that the Paris terror attacks marked the first time the company has enabled Safety Check for a human disaster, not a […]

Influencer Marketing Startup Mavrck Raises $5M

Mavrck, a startup that helps marketers recruit customers to create promotional content, has raised $5 million in Series A funding. There are plenty of other companies working on influencer marketing, but Mavrck co-founder and CEO Lyle Stevens said they usually identify influencers without helping brands “activate” them, or they’re focused on how to “rent” influencers, […]

Let’s Have A Chat About Virtual Reality

“Virtual reality” according to Wikipedia: Virtual reality (VR), which can be referred to as immersive multimedia or computer-simulated life, replicates an environment that simulates physical presence in places in the real world or imagined worlds and lets the user interact in that world. Virtual realities artificially creates sensory experiences, which can include sight, hearing, touch, […]

Tinder Ditches Moments

Just yesterday, Tinder launched an update that adds employment/education information into the user’s profile as well as a revamped inbox, placing new matches in the top bar and current conversations in the lower part of the screen. With the inbox revamp, Moments, the app’s Snapchat-like photo-sharing tool, is retiring. Moments launched back in the summer […]

Facebook Faces Fines Of $268K Per Day For Tracking Non-Users In Belgium

Facebook is facing fines of €250,000 per day unless it alters the operation of tracking cookies in Belgium after a data protection court ruling. Facebook has said it will be appealing. The court action dates back to June when the country’s data protection watchdog filed a civil suit against Facebook, following a highly critical report of Facebook’s data protection practices which the […]

Fidelity Writes Down Snapchat Investment

In the latest sign that some tech startups are overvalued, Fidelity has written down the value of its stake in Snapchat by 25 percent, according to a report by Morningstar. Fidelity participated in Snapchat’s Series F round earlier this year, at an estimated $15 billion valuation. The report, first identified by the Financial Times, showed […]

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