Mobile delivers high exit multiples despite broader market slowdown

 In the world of mobile apps, numbers come in two sizes: big and bigger. More than one billion people use Facebook’s mobile app every day. But what about the financial side of the mobile business;...

Facebook reduces time spent by 2 min/user/day to push well-being

 Facebook is putting its short-term money where it’s mouth is, reducing the presence of viral videos in an effort to boost well-being of users of its site. Today in Facebook’s Q4 2017 earnings report...

WhatsApp hits 1.5 billion monthly users. $19B? Not so bad.

 Facebook’s $19 billion acquisition of WhatsApp sounds smarter and smarter. Today CEO Mark Zuckerberg announced on the Q4 2017 earnings call that WhatsApp now has 1.5 billion users and sees 60 billion...

Facebook survives Q4 with slowing 1.4B daily users but record $12.97B revenue

 Despite worries about Russia and that passive News Feed scrolling hurts us, Facebook beat expectations again in its Q4 2017 earnings report. Facebook now has 1.4 billion daily users, up 2.18% compared...

Polymail looks to unify business email tools into a single web app

 If you’re more of a Gmail power user (or even semi-power user) and other email services geared toward work, you’ve probably installed plenty of plugins like Rapportive to make your job a little...

Actress Maisie Williams to launch Daisie, a social app for talent discovery and collaboration

 Actress Maisie Williams, best known for her role as Arya Stark on Game of Thrones, is the latest celeb to venture into tech entrepreneurship, with the launch of a new company aimed at connecting...

SoftBank buys into Line’s mobile service in Japan

 SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an...

Samsung topples Intel to become the world’s largest chipmaker

 Samsung has ended Intel’s 25-year run as the world’s biggest seller of chipsets after it posted its 2017 end of year financials. The Korean tech giant’s chipset division — which has long been its...

Appeals court rules that Tinder’s pricing violates age discrimination laws

 A California appeals court has sided with Allan Candelore, a man suing Tinder over the pricing for its premium service, Tinder Plus. Specifically, Candelore and his lawyers argued that by charging...

Apple reportedly under investigation by SEC and DOJ for phone slowdown

 The U.S. Department of Justice and the Securities and Exchange Commission are jointly investigating Apple’s communications about the software update that slowed down older models of the iPhone,...

Pinterest hires a new head of computer vision

 As Pinterest increasingly tries to sell itself as a startup specialized in computer vision that it plugs into visual discovery, it’s continuing to pick up additional pieces to help continue to...

Mammoth Media, the startup behind chat fiction app Yarn, raises $13M

 Mammoth Media has raised a $13 million Series A funding to create what it calls “entertainment experiences for the mobile-first generation.” Mammoth isn’t not the first startup to pitch itself...

Snapchat enhances Bitmoji with 1.9 septillion avatar options

 Now you can customize your Snapchat Bitmoji avatar with 40 skin tones, 50 hair colors, 50 hair treatment options and more so it looks just like you no matter what you look like. Today Snapchat...