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Nathan McAlone / Business Insider:
Former members of Google News team reminisce about how the service vetted sites during their tenure, rejecting or de-ranking those seen as unreliable or biased   —  For the small team maintaining one of the world's most popular news sites, the job was straightforward: weed out liars and scammers.
Feb 13, 2017, 11:35 AMIn context
Julie Bort / Business Insider:
Sources: enterprise AR company Daqri, which has raised $132M, is laying off about 25% of its nearly 400-person workforce   —  Augmented reality helmet maker Daqri is cutting about 25% of its nearly 400-person-strong workforce worldwide, multiple people have told Business Insider.
Feb 11, 2017, 12:05 PMIn context
Kif Leswing / Business Insider:
Image of Magic Leap rig from January leaks, showing a bulky backpack containing a visible circuit board; CEO says it was a test rig to collect room data   —  Magic Leap, the $4.5 billion startup backed by Google building technology that “augments” human vision with digital imagery …
Feb 10, 2017, 8:30 PMIn context
Matt Weinberger / Business Insider:
HackerOne raises $40M Series C led by led by Dragoneer Investment Group   —  HackerOne, a marketplace where companies can pay hackers to spot and fix security flaws in their software, has raised another $40 million in venture capital funding in a round led by Dragoneer Investment Group.
Feb 10, 2017, 8:30 AMIn context
Lara O'Reilly / Business Insider:
Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings; MAUs grew 2M from Q3 2016, reaching 319M   —  Twitter missed analysts' expectations for its fourth-quarter revenue — reporting $717 million versus estimates of $740 million — as advertising spend lagged behind …
Feb 9, 2017, 7:15 AMIn context
Kif Leswing / Business Insider:
Sources: Magic Leap's consumer prototype is in “good shape” ahead of board meeting, but January demos used vaporware; as timeline slips, SDK expected in 2017   —  The future of Magic Leap, a quickly expanding startup valued at $4.5 billion that's developing a futuristic pair of computer glasses …
Feb 8, 2017, 4:05 PMIn context
Alex Heath / Business Insider:
Facebook is closing around 200 of its 500 Oculus VR pop-ups in Best Buys after a steep decline in consumer demos after Christmas   —  Facebook is closing around 200 of its 500 Oculus virtual reality demo stations at Best Buy locations across the US, Business Insider has learned.
Feb 8, 2017, 1:45 PMIn context
Business Insider:
Planet Labs will acquire the satellite imaging unit Terra Bella from Google; source says deal is worth $300M+, Google will be a major shareholder of Planet Labs   —  Terra Bella, the satellite imaging company that Google bought about two years ago for $500 million, will be sold to mapping startup Planet Labs …
Feb 3, 2017, 2:35 PMIn context
Alex Heath / Business Insider:
IPO filing discloses Snapchat paid $158M to oust co-founder Reggie Brown after 2014 settlement   —  Snap cofounders Evan Spiegel and Bobby Murphy will become billionaires overnight when their company goes public at a potential $25 billion valuation.  —  One person who will not share …
Feb 2, 2017, 9:35 PMIn context
Matt Weinberger / Business Insider:
GitLab says it lost six hours of data after human error took the service down, but claims the affected database doesn't include users' code   —  GitLab, a startup with $25 million in funding, is having a “very bad day,” as Interim VP of Marketing Tim Anglade put it to Business Insider …
Feb 1, 2017, 8:50 PMIn context

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