Startup News
Oculus's new COO has shipped a gadget before: Fitbit's Hans Hartmann
Venture Beat - 5 May 2016 01:51
Oculus announced today that it has brought on board Fitbit’s Hans Hartmann as its new chief operating officer, replacing Laird Malamed who had assumed that post since the company’s founding. Malamed will be taking on...
Apple, Facebook and other tech firms urge presidential candidates to support encryption as 'critical security tool' and more
Venture Beat - 5 May 2016 05:24
(Reuters) – Thirteen U.S. industry groups representing technology companies Amazon, Uber, Apple, Facebook and others are pushing for the next U.S. president to support the Trans-Pacific Partnership (TPP) trade deal and...
Windows 10 is now on over 300 million devices, upgrade will cost $119 after July 29
Venture Beat - 5 May 2016 16:25
Microsoft today announced that its Windows 10 operating system has now been installed on more than 300 million devices. That’s up from the “more than 270 million devices” milestone announced on March 30. “We're s...
Open letter to CMOs: Stop all mobile advertising immediately
Venture Beat - 5 May 2016 23:15
GUEST: Dear Chief Marketing Officers: Mobile advertising in its current state is a complete boondoggle. Consumers hate it, the metrics are awful, and the ad agency community is doing a disservice to clients by promoting ...
Elon Musk: If you want a Tesla Model 3 by 2018, better order one now
Venture Beat - 5 May 2016 23:13
Elon Musk, trying his damnedest to manage expectations, is now warning Tesla fans to hurry up and reserve a Model 3 before the delivery queue stretches to 2019. “Tesla is increasing the production ramp as fast as possi...
Destiny passes 30 million registered players
Venture Beat - 5 May 2016 22:58
I guess it was this game’s destiny to become a hit. Heh. Yeah, sorry about that one. Activision Blizzard revealed its financial results for the first quarter of 2016 today, and it also noted that the online shooter Des...
Hearthstone's quarterly revenue was up 20 percent leading up to the new expansion
Venture Beat - 5 May 2016 22:41
A lot of players must have preordered Whispers of the Old Gods. Acitvision Blizzard released its financial results for Q1 2016 today, a period that ended on March 31. That’s well before the release of the latest expans...
Box M&A guru Villi Iltchev departs to join August Capital as general partner
Venture Beat - 5 May 2016 22:36
Villi Iltchev, the person Box hired in mid-2014 to head up corporate development ahead of its initial public offering, has left the company. He’s joined the venture world — as a general partner at August Capital. Ilt...
Call of Duty: Black Ops III drives strong sales for Activision Blizzard
Venture Beat - 5 May 2016 22:32
Call of Duty: Black Ops III sales helped drive a strong first quarter for Activision Blizzard, with monthly active users up both quarter-over-quarter and year-over-year, setting an all-time record for the franchise, Acti...
Activision Blizzard beats Wall Street Q1 earnings expectations
Venture Beat - 5 May 2016 22:22
Activision Blizzard reported earnings today that beat the expectations of Wall Street analysts during its first fiscal quarter ended March 31. And its stock price has risen 3.8 percent in after-hours trading as a result....
Chicken Or Egg: Do You Need A Killer Product Or A Solid Marketing Strategy First?
Forbes - 5 May 2016 22:22
Products and marketing strategies share a mutually dependent relationship, each feeding into the other. Let's delve into the arguments for and against building a product or marketing strategy first.
Square reports $379 million in revenue for Q1 as gross payment volume spikes 45%
Venture Beat - 5 May 2016 22:17
Square ($SQ) today reported its Q1 2016 earnings of $379 million in revenue, up 51 percent annually, and had gross payment volume (GPV) of $10.3 billion, up 45 percent for the same time last year. Net loss in the company...
Sensay, a chatbot for getting help with any task, passes 1 million users
Venture Beat - 5 May 2016 22:02
Recent announcements from Facebook, Microsoft, Kik, Telegram and others have sparked a chatbot craze, a gold rush to create tools for businesses to chat directly to consumers. All these new chatbots in turn drove dozens ...
Evernote for Android gets improved document scanning and annotation support
Venture Beat - 5 May 2016 21:34
Evernote’s Android app has received an update that adds new features to make the productivity service more useful. The company has redesigned how it uses the device’s camera to now make photos and scans “smoother a...
Alibaba Group FY2016 Revenue Jumps 33%, EBITDA Up 28%
Forbes - 5 May 2016 21:29
Today, Alibaba Group announced their Q4 and fiscal year 2016 financial results ended March 31 2016. You could say the results show the Alibaba genie is creating more money magic.
E-Cigarette Manufacturers Say New Regulations Will Devastate The Industry
Forbes - 5 May 2016 21:01
The Food and Drug Administration issued long-anticipated rules this morning that extend federal regulatory authority to e-cigarettes, which heat nicotine-laced liquid into a vapor that has only traces of some of the 60-p...
Earny nabs $1 million for a bot that gets you money back on purchases
Venture Beat - 5 May 2016 21:00
Searching for the best price on goods can be a tedious exercise: Will the item be cheaper at Amazon or in a store? Do you have to keep worrying about whether there will be a price drop? These questions are what Earny set...
DeNA reveals its Pokémon-like Monster Builder mobile game
Venture Beat - 5 May 2016 20:55
We’re getting a pair of new Pokémon games for the 3DS later this year, but DeNA is hoping you’ll give its take on that genre a try on your smartphone instead. The publisher is announcing today that its Monster Build...
T-Mobile to offer subscribers stock and other freebies in next 'Un-carrier' move
Venture Beat - 5 May 2016 20:45
EXCLUSIVE: T-Mobile USA is preparing its eleventh “Un-carrier” event for early next month, a person with knowledge of the company’s plans told VentureBeat. It will kick off a customer appreciation campaign that int...
Luxembourg Is Prosecuting The Wrong People In The LuxLeaks Trial
Forbes - 5 May 2016 20:37
Because of the LuxLeaks scandal, the world knows that Luxembourg granted secret tax rulings to about 340 multinational clients of global accounting firm PwC. The leaks caused Europe to revamp its entire tax ruling regime...
Music wearables startup has big backers: NBA's Carmelo Anthony, Android mind Andy Rubin, and Timbaland
Venture Beat - 5 May 2016 20:18
SubPac, a Los Angeles-based startup working on “immersive physical-sound technology,” announced today that it closed a $6 million investment to “revolutionize” the audio industry with its wearable sound vest. Bac...
eBay acquires AI startup ExpertMaker, will shut it down later this quarter
Venture Beat - 5 May 2016 19:31
eBay announced today that it has acquired ExpertMaker in a bid to bring more artificial intelligence, machine learning, and big data analysis into its online marketplace platform. Financial terms of the deal were not dis...