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For 250 popular items tracked over several weeks, Amazon ranked its own and affiliated products higher about 75% of the time, even when cheaper options existed   —  Amazon bills itself as “Earth's most customer-centric company.”  Yet its algorithm is hiding the best deal from many customers.
Sep 20, 2016, 3:45 PMIn context
Sarah Perez / TechCrunch:
eBay launches Quick Sale, a smartphone trade-in site that guarantees sellers a minimum price, powered by eBay Valet to make the service more convenient   —  eBay today is launching a new program that aims to capitalize on the large number of older iPhones and other mobile devices poised to hit …
Sep 12, 2016, 3:40 PMIn context
An Xiao Mina / Fusion:
How online platforms such as WeChat, Jindong, and Alibaba's eBay-like Taobao have boosted Shenzhen's already-thriving hardware startup ecosystem   —  Like most of us, Lei Gao finds exercise tedious.  The 33-year-old prefers playing video games on his smartphone, where he can score points alongside …
Sep 11, 2016, 9:40 PMIn context
Leena Rao / Fortune:
Classified listings service OfferUp raises $119M at a $1B+ valuation led by Warburg Pincus   —  Craigslist competitor OfferUp is the latest technology company to join the elite group of privately-held Silicon Valley startups valued at $1 billion or more.  —  OfferUp said on Thursday …
Sep 8, 2016, 11:45 AMIn context
Telis Demos / Wall Street Journal:
PayPal strikes deal with MasterCard to allow payments in stores, will share data on any transactions using MasterCard mobile tap   —  Move comes at expense of short-term profitability, analysts say  —  PayPal Holdings Inc. has struck another deal with a payments network, this time MasterCard Inc. …
Sep 6, 2016, 12:25 PMIn context
Laura Dale /
Unreleased Sony PS4 Slim model reviewed: no performance improvements over standard PS4, is quieter, smaller, and comes with updated DualShock 4 controller   —  The console that hasn't even been announced yet is pretty great  —  Before we start this review, we must acknowledge the elephant in the room …
Aug 30, 2016, 1:00 PMIn context
Jason Del Rey / Recode:
Sources: online home-furnishings retailer One Kings Lane sold for less than $30M this year after being valued at $900M in early 2014   —  In the wake of two huge e-commerce acquisitions, a reminder of the tough ones.  —  One Kings Lane, an online home-furnishings retailer …
Aug 23, 2016, 7:00 PMIn context
Adrienne Lafrance / Nieman Reports:
The blurring of lines between media and tech firms, Silicon Valley's culture of secrecy, and a lack of skepticism and resources make tech reporting difficult   —  With the lines between media firms and tech firms blurring, coverage of the tech sector presents one of the most profound accountability challenges in modern journalism
Aug 21, 2016, 10:45 PMIn context
How a Lending Club user mined the company's data to uncover shady loans made to Lending Club insiders and repeat borrowers   —  Photographer: Don Emmert/AFP via Getty Images  —  “You ready to see some crazy s**t?”  —  Bryan Sims and I were sitting in the dining room of his modest home in Portland …
Aug 21, 2016, 11:10 AMIn context
Rolfe Winkler / Wall Street Journal:
Sources: mobile marketplace and Craigslist challenger OfferUp to raise $120M at a $1.2B valuation in round led by Warburg Pincus   —  OfferUp valuation to jump on investment from Warburg Pincus as new apps score among smartphone users  —  An arms race is heating up to replace Craigslist …
Aug 4, 2016, 11:45 AMIn context

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