Techmeme

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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
Bloomberg:
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
Dieter Bohn / The Verge:
Google says links in mobile search results will soon take you to AMP version of page, if available, not the traditional HTML page   —  Google's “Accelerated Mobile Pages,” more commonly known as AMP, are meant to be a reboot of the mobile web.  Designed to fix mobile webpages that suck …
Aug 2, 2016, 1:20 PMIn context
George Slefo / Ad Age:
Reddit to debut Promoted User Posts on August 4, a new ad offering that lets marketers sponsor user-generated posts   —  Marketers Will Be Allowed to Sponsor (Consenting) Redditors' Posts  —  Picture this: It's 2020 and Reddit is the third most downloaded app in Apple's App Store …
Jul 27, 2016, 11:20 AMIn context
Aaron Back / Wall Street Journal:
After announcing deal with Visa, PayPal stock had its biggest single day drop since splitting from eBay, as investors fear increased transaction costs   —  PayPal has gained access to Visa's mobile-payments system but given up a lot in return  —  PayPal has buried the hatchet with Visa, but the peace has come at a great cost.
Jul 25, 2016, 9:55 AMIn context
Katie Roof / TechCrunch:
PayPal narrowly beats quarterly revenue expectations with $2.65B as it partners with Visa   —  PayPal reported earnings after the bell on Thursday, showing $2.65 billion in revenue for the quarter, when analysts were expecting $2.6 billion.  Adjusted earnings per share was also in line with Wall Street estimates at 36 cents.
Jul 21, 2016, 4:50 PMIn context
Kara Swisher / Recode:
Profile of Peter Thiel, the eccentric investor who is unlike anyone else in tech, as he endorses Trump with a speech at the RNC   —  The eccentric investor is not like anyone else in tech.  —  Okay, I will just say what pretty much everyone in tech thinks, even if they never seem to be able …
Jul 21, 2016, 12:00 PMIn context
Natalie Gagliordi / ZDNet:
eBay slightly beats Q2 estimates on revenues of $2.2B and earnings of $437M, announces $2.5B share buyback   —  eBay said its board approved an additional $2.5 billion share repurchase program, which likely helped its shares pop around six percent in after market trading.
Jul 20, 2016, 5:00 PMIn context

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