Startup News
Samsung Electronics warns of difficult 2016 as smartphone market peaks
Venture Beat - 28 Jan 2016 03:12
SEOUL (Se Young Lee for Reuters) — Tech giant Samsung Electronics Co Ltd on Thursday warned of possible weaker earnings this year compared with 2015 due to softer sales of gadgets such as smartphones, a trend that is a...
Flipkart and Udacity want a world without job interviews
Venture Beat - 28 Jan 2016 16:59
A world without job interviews sounds like a mighty fine place to live, so long as there are alternative ways to find a job. And this is world a world that Flipkart and Udacity are both looking to embrace. Indian e-comme...
Facebook shares surge 14% after mobile ad growth drove $5.8 billion in revenue
Venture Beat - 28 Jan 2016 16:58
Today, like yesterday, is a good day for Facebook. The social networking company’s stock climbed by more than 14 percent upon opening this morning, following unusually strong quarterly results. That movement reportedly...
Electronic Arts' share price plummets 7% as it offers conservative outlook for 2016
Venture Beat - 28 Jan 2016 23:56
Publisher Electronic Arts is taking a small beating on Wall Street. EA’s stock is at $64.70 in after-hours trading, which is down more than 7 percent from its closing price of $69.79 when the closing bell rang earlier ...
Xerox will reportedly split, bowing to pressure from Carl Icahn
Venture Beat - 28 Jan 2016 23:45
Xerox is reportedly gearing up to announce that it will break itself apart and form two new companies, bowing to pressure from activist investor Carl Icahn. The news is supposedly scheduled to be announced on Friday duri...
Star Wars: Battlefront surpasses 13M copies sold-in as fans can't repel hype of that magnitude
Venture Beat - 28 Jan 2016 23:32
It looks like Star Wars was a wise investment for Electronic Arts. Star Wars: Battlefront, the multiplayer shooter from developer DICE, surpassed 13 million copies sold to retailers, according to the publisher’s quarte...
Amazon tanks 13% despite record $482M profit -- more than it made in the previous 17 quarters combined
Venture Beat - 28 Jan 2016 23:28
Amazon made more money last quarter — $482 million in profit for the fiscal Q4 2015 — than it did during every previous quarter combined since Q3 2011. That $482 million figure exceeds Amazon’s previous quarterly r...
Star Wars Battlefront helps EA beat Wall Street's quarterly expectations
Venture Beat - 28 Jan 2016 23:28
Big video game publisher Electronic Arts charmed investors again as it reported third fiscal quarter earnings that beat expectations for the three months ended Dec. 31. The company's results are widely watched as a bellw...
Xbox Live now has 48M active players
Venture Beat - 28 Jan 2016 23:18
Microsoft doesn’t share its hardware numbers anymore, but it’s happy to tell us that a lot of people are using its online gaming service. Xbox Live has 48 million monthly active players, according to Microsoft’s ea...
Amazon Web Services brings in $2.4B in revenue in Q4 2015, up 69% over last year
Venture Beat - 28 Jan 2016 23:04
Amazon today disclosed that its subsidiary Amazon Web Services (AWS), a cloud infrastructure provider that companies use to run applications, brought in $2.4 billion in revenue for the fourth quarter of 2015. That’s a ...
GamesBeat 2016 is moving to L.A. on Aug. 1-3. And we're kicking it off with a new VR day
Venture Beat - 28 Jan 2016 22:45
We’re pleased to announce today that GamesBeat 2016 is heading south to Los Angeles. And it’s going to have a new one-day event dubbed VR Pulse to zero-in on the excitement of virtual reality games and entertainment....
IBM is buying digital marketing agency Resource/Ammirati
Venture Beat - 28 Jan 2016 22:15
IBM today is announcing that it’s buying Resource/Ammirati, a digital marketing agency with offices in Columbus, Ohio and New York. Terms of the deal weren’t disclosed. The odd name of the company being acquired is a...
The Secret To $45M In Series D Funding Lies in Your Series A Moves
Forbes - 28 Jan 2016 22:14
Manav Mital, the CEO & Founder of Instart Logic, is very pleased with his Series D round at $45M. He and his team have come a long way since 2010 when they were an aspiring gaming company. Wasn't everyone you talked to i...
Some Uber, Lyft drivers push for protections
CNBC - 28 Jan 2016 21:42
Despite Lyft's decision to settle a suit this week, the issue of reclassifying drivers and workplace protections is far from over.
European legislators concerned about data privacy bill before U.S. Congress
Venture Beat - 28 Jan 2016 21:36
WASHINGTON/BRUSSELS (By Dustin Volz and Eric Auchard for Reuters) — A U.S. Senate panel approved measures on Thursday that were causing concern in Europe among negotiators hammering out a new trans-Atlantic pact on ele...
Sam Clemens, CMO? Discover Twainian leadership tactics at Marketing.FWD Summit
Venture Beat - 28 Jan 2016 21:25
VB EVENT: Mark Twain wasn't the most exemplary businessman, but he had an uncanny eye for what drives people, and what separates the ordinary from the extraordinary. Today's marketing leaders are extraordinary people, of...
A Green Sephora: How This LA Startup Plans On Tackling The $2 Billion Wellness Industry
Forbes - 28 Jan 2016 21:04
This LA-based startup is set on building what they like to call the “Green Sephora.” Love Goodly is taking the Birchbox model of a box plus e-commerce and adding a wellness spin to it.
Hands-on impressions of a dozen games for the HTC Vive virtual reality headset
Venture Beat - 28 Jan 2016 21:00
SEATTLE — I played the HTC Vive virtual reality headset with a full set of near-finished games at an event held by Valve, the creator of the Steam VR system that the gear uses. And the verdict is that it’s a good sim...
How Going Easy On Yourself Gives You an Extra Edge
Forbes - 28 Jan 2016 20:43
Whether we're high power execs or stay-at-home moms, self-criticism is a tendency that many people have. In fact we often think of self-criticism as key to self-improvement. We fall for the idea that self-criticism pushe...
Narrative lets developers hack its wearable cameras
Venture Beat - 28 Jan 2016 20:28
Narrative announced today the launch of its Open Platform, a hub providing access to an open API for third-party developers. With this availability, the company is looking to develop an ecosystem around its products, inc...
Facebook opens Live Video streaming to all iPhone users in the U.S.
Venture Beat - 28 Jan 2016 20:15
Facebook has once again expanded access to its livestreaming service, announcing today that everyone in the United States will be able to broadcast from its app, but only if you’re using an iPhone. If you’re interest...
Corporate Venture Capital Compensation Report released to support high performance teams and innovation programs
Venture Beat - 28 Jan 2016 20:12
PRESS RELEASE: The Corporate Venture & Innovation Initiative (CVI²) announced today the release of the Thelander- CVI² 2015 Corporate Venture Capital (CVC) Compensation Report. The third annual report examines data fro...