Techmeme

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Avery Hartmans / Business Insider:
WeWork has raised $4.4B from SoftBank Group and its Vision Fund, with $3B going to WeWork and $1.4B going to new China, Japan, Pacific subsidiaries   —  WeWork has raised $4.4 billion in funding from SoftBank Group and SoftBank Vision Fund, the office sharing startup announced Thursday.
Aug 24, 2017, 2:20 PMIn context
Avery Hartmans / Business Insider:
Micro-investing app Stash raises $40M Series C led by Coatue Management, source says at $240M valuation   —  Brandon Krieg, cofounder and CEO of Stash.  —  Brandon Krieg spent more than 15 years working as a trader on Wall Street.  But he left his career for the startup world after being asked …
Jul 14, 2017, 12:40 PMIn context
Business Insider:
AOL and Yahoo plan to call themselves by a new name after the Verizon deal closes: Oath   —  When Verizon merges Yahoo with AOL after its acquisition of Yahoo closes, the newly created division will get a new name.  —  That new name is Oath, sources tell Business Insider.
Apr 3, 2017, 3:35 PMIn context
Avery Hartmans / Business Insider:
Facebook COO Sheryl Sandberg breaks post-election silence to speak out against global gag rule on abortion   —  Sheryl Sandberg spoke out on Thursday against President Donald Trump's anti-abortion executive order.  —  The Facebook COO published a post on her Facebook page that chronicles …
Jan 28, 2017, 2:15 AMIn context
Avery Hartmans / Business Insider:
Report: Lyft lost $600M in 2016, up from $412M in 2015, as revenue rose to $700M, up from about $200M in 2015   —  Lyft lost $600 million in 2016 in its battle with Uber for ride-hailing dominance, according to leaked financial data obtained by The Information's Amir Efrati.
Jan 13, 2017, 1:45 PMIn context
Avery Hartmans / Business Insider:
Report: ad tech company AppNexus has filed confidentially for an IPO, expected around Q2 2017, valuing the company between $1.5B and $2B   —  AppNexus' long-awaited IPO is about to happen.  —  The ad tech company has filed paperwork confidentially for an initial public offering …
Nov 30, 2016, 3:50 PMIn context
Avery Hartmans / Business Insider:
Snap Spectacles review: stylish, fun to use, and captioning circular video is great, but cameras struggle in low light, and importing/accessing videos is clunky   —  Regardless of how you feel about Snapchat's new camera-equipped glasses, one thing is certain: Snapchat's marketing team is genius.
Nov 17, 2016, 12:25 AMIn context
Avery Hartmans / Business Insider:
New York Governor Cuomo signs bill banning less than 30-day rental unit listings on sites like Airbnb when tenant is not present; Airbnb sues to block the law   —  Governor Andrew Cuomo has signed into law a bill that could deal a blow to Airbnb's operations in New York State.
Oct 21, 2016, 5:35 PMIn context
Avery Hartmans / Business Insider:
Sources: GV-backed gym membership startup ClassPass hits $150M run rate, up from $100M in summer of 2015, and now-positive gross profit margin of 17%   —  ClassPass, the Google Ventures-backed gym membership startup, has seen its revenue accelerate despite a change to its pricing model …
Sep 19, 2016, 3:35 PMIn context
Avery Hartmans / Business Insider:
Airbnb hires former Attorney General Eric Holder to help “craft a world-class anti-discrimination policy”   —  Airbnb has hired former Attorney General Eric Holder.  —  CEO Brian Chesky announced the hire in a blog post on Airbnb's website.  Holder will help “craft …
Jul 20, 2016, 2:30 PMIn context

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