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Wall Street Journal:
Verizon says Yahoo breach in 2013 affected all of its 3B users, up from initially reported 1B users   —  Company disclosed late last year that 2013 hack exposed private information of over 1 billion users  —  A massive data breach at Yahoo AABA 1.95% in 2013 was far more extensive than previously disclosed …
Oct 3, 2017, 4:40 PMIn context
Greg Bensinger / Wall Street Journal:
Travis Kalanick appoints former Xerox CEO Ursula Burns and former CIT Group CEO John Thain to Uber board in move bolstering his clout, defying Benchmark Capital   —  Surprise move to appoint Ursula Burns and John Thain bolsters former CEO's clout  —  Uber Technologies Inc.'s ousted chief executive …
Sep 29, 2017, 8:05 PMIn context
Akane Otani / Wall Street Journal:
Stockpile, an online brokerage that enables fractional share investing, raises $30M Series B led by Fidelity-backed Eight Roads Ventures   —  Asset manager's proprietary investment arm leads funding round for Stockpile, a startup allowing young—and old—investors to buy fractional shares
Sep 29, 2017, 10:50 AMIn context
Wall Street Journal:
Saudi-based anonymous commenting app Sarahah hits 95M registered users, with US as its biggest market, but has only two full-time employees   —  Sarahah has become a popular messaging platform with 95 million registered users, many of them teens who spread the word on Snapchat
Sep 28, 2017, 9:10 PMIn context
Greg Bensinger / Wall Street Journal:
Uber shuts down its US auto-leasing business, affecting ~500 jobs, to find “a less capital-intensive approach” after it underestimated the loss per vehicle   —  Decision to close down Xchange Leasing will affect some 500 jobs  —  Uber Technologies Inc. on Wednesday confirmed …
Sep 27, 2017, 2:44 PMIn context
Sam Schechner / Wall Street Journal:
Google begins rolling out overhauled European shopping search results to comply with EU ruling that let third-parties bid for top space on the page   —  Part of effort to comply with a European Union antitrust decision that fined the company $2.7 billion  —  Google has started overhauling millions …
Sep 27, 2017, 12:55 PMIn context
Ben Fritz / Wall Street Journal:
AMC leads $20M Series B for Spielberg-backed Dreamscape Immersive to bring VR to cinemas, with plans to install Dreamscape at six locations in US and UK   —  AMC is putting $20 million behind Dreamscape Immersive, a location-based virtual reality company backed by Steven Spielberg
Sep 26, 2017, 12:17 PMIn context
Seth Stevenson / Wall Street Journal:
Interview with Satya Nadella and Bill Gates on political climate, how AI, quantum computing, and mixed reality will shape the future as Nadella debuts memoir   —  On the occasion of the publication of Nadella's first book, out this fall, Nadella and his predecessor talk shop
Sep 26, 2017, 5:45 AMIn context
Eliot Brown / Wall Street Journal:
Pinterest strikes deal with Target to license its camera image search tool for use in the retailer's app   —  Tool lets shoppers snap photos on their phones and get suggestions from Target for similar products  —  Pinterest Inc. has long sought to support its lofty valuation by wooing advertisers to its image-search platform.
Sep 25, 2017, 2:15 PMIn context
Greg Bensinger / Wall Street Journal:
Sources: Benchmark has told Uber investors it's unlikely to sell any shares to the Softbank consortium, complicating its proposed ~$10B investment in Uber   —  Benchmark representative was only Uber director to vote against deal terms to SoftBank  —  As Uber Technologies Inc. works to finalize …
Sep 21, 2017, 5:20 PMIn context

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