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April 26, 2017, 12:45 PM
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| Kurt Wagner / Recode: |
Instagram now has 700M monthly active users, adding 100M new users in just over four months — It took the company just four months to add 100 million new accounts. — Instagram is growing faster than it ever has before. — The photo and video app, which is owned by Facebook …
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Instagram Blog, Business Insider, TechCrunch, VentureBeat, The Next Web, Engadget, 9to5Google, The Verge, CNET, Tech Narratives, iPhone Hacks, Financial Times, iDownloadBlog.com, Seeking Alpha, and iPhone in Canada Blog
Tweets: @delrey, @joshconstine, and @sarahfrier
| Farhad Manjoo / New York Times: |
Interview with Instagram CEO Kevin Systrom on how the service reached 700M MAUs by increasing the pace of shipping products, future growth prospects, more — At a recent all-hands meeting with employees, Kevin Systrom, a founder and chief executive of Instagram, showed off one of his favorite charts … | Julia Boorstin / CNBC: |
Twitter beats Q1 estimates with $548M revenue and 328M MAUs, up 9M QoQ and 7M more than expected, and says DAUs are up 14% YoY; stock up 10%+ — In a surprise after several quarters of disappointing results, Twitter on Wednesday reported better-than-expected earnings and revenue.
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Recode, MacRumors, VentureBeat, Bloomberg, Recode, AdExchanger, Marketing Land, 9to5Mac, Tech Trader Daily, Tech Trader Daily, TechCrunch, ZDNet, Gizmodo, Bloomberg, Lefsetz Letter, TechCrunch, Associated Press, Axios, Marketing Land, Fortune, Engadget, VentureBeat, The Verge, iPhone in Canada Blog, Reuters, Mashable, and Peter O'Kelly's Reality Check
Tweets: @twitterir, @twitterir, @ranimolla, @twitterir, @benthompson, @shiraovide, @twitterir, @pkafka, @mattlynley, and @sarahfrier
| Andrew J. Hawkins / The Verge: |
Uber updates its app to make rider ratings more visible, in an effort to encourage good behavior, and adds options for low UberPool ratings — Are you a 4.9? — It used to be that if you wanted to see how many stars you've racked up as an Uber rider, you had to basically excavate your rating from the app.
More:
Uber Global, BGR, Engadget, 9to5Mac, MacRumors, Business Insider, BuzzFeed, Mashable, CNBC, Refinery29, VentureBeat, and TechCrunch
| Dan Primack / Axios: |
Chris Sacca retires from startup investing and will stop appearing on Shark Tank; Lowercase Capital will not raise another fund — Chris Sacca, one of the earliest investors in companies like Uber and Twitter, today announced that he has decided to stop making investments in technology startups.
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LOWERCASE capital, VentureBeat, Bloomberg, Forbes, TechCrunch, Business Insider, Adam Marx's Mind, and NBC Bay Area
Tweets: @sacca, @jyarow, @bgurley, @crystale, @nathanchubbard, @jason, @micah, @margarita, @mgsiegler, @joshk, @peterdaou, @mazzeo, @jyarow, and @kerrymflynn
| Brian Heater / TechCrunch: |
Amazon launches Echo Look, a $200 “style assistant” camera for taking selfies that works via Alexa commands and is compatible with Amazon's Style Check app — With the addition of a camera, Amazon's new Echo Look device can now see and hear all.
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The Verge, MacRumors, Android Authority, Gizmodo, GeekWire, Business Insider, BetaNews, The Next Web, VentureBeat, BGR, Engadget, Fox News, Motherboard, Axios, SlashGear, iPhone Hacks, YouTube, and Tech.pinions
Tweets: @amazonfashion, @rrhoover, @zeynep, @joannastern, @marcoarment, @zeynep, @zeynep, @benbajarin, @joannastern, and @jamesliamcook
| Doug Olenick / SC Magazine US: |
Trend Micro report details political-influence activities of cyber espionage group Pawn Storm, aka APT28, Fancy Bear, Sednit, over the last two years — An in depth look at the cyberespionage gang Pawn Storm by Trend Micro reveals an incredibly complicated and capable group … | Gabriela Vatu / Softpedia News: |
FalseGuide botnet malware, hidden in over 40 fake game companion guides, may have infected ~2M Android devices; apps have been removed from Google Play — Dozens of infected apps went under Google's radar — About 600,000 Android users have mistakenly installed malware on their devices straight …
More:
Check Point Blog, Android Police, BBC, and Inquirer
| Josh Constine / TechCrunch: |
Zero-fee stock trading app Robinhood confirms $110M Series C at $1.3B valuation led by DST Global, says it has reached 2M users and 17% MoM subscriber growth — Zero-fee stock trading app Robinhood has joined the unicorn club. — That's thanks to it reaching 2 million total monthly users …
More:
Bloomberg, VentureBeat, Business Insider, Axios, Under the Hood, PE Hub Blog, and Reuters. Thanks:@thejgr
| Ingrid Lunden / TechCrunch: |
On-demand ride service Gett confirms acquisition of rival Juno for $200M, as Uber's rivals consolidate businesses; Gett CEO says firm hopes to raise this year — The competitive landscape for transportation apps has become a little smaller today. Gett has announced that it has acquired Juno, a rival in the New York market.
More:
The Verge and Business Insider
| Paul Sawers / VentureBeat: |
Spotify acquires Mediachain, the firm behind an open, blockchain-based tool for recognising artist's work online — Spotify has acquired Mediachain, the New York-based startup behind an open source peer-to-peer database and protocol for registering, identifying, and tracking creative works across the internet.
More:
TechCrunch, Tech.eu, Business Insider, Spotify Press, Mediachain Blog, and Mashable
| Michal Lev-Ram / Fortune: |
Palantir to pay $1.7M in back wages and other relief to settle Department of Labor suit claiming it had discriminated against Asian job applicants — Palantir Technologies, the Palo Alto-based data analytics company, has settled an administrative lawsuit filed by the U.S. Department of Labor last fall.
More:
United States Department …, Ars Technica, SiliconANGLE, TechCrunch, The Verge, USA Today, and CNET
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