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Eugene Kim / Business Insider:
PayPal to acquire international money transfer service Xoom for $890M   —  Xoom shares skyrocket more than 20% after PayPal bid  —  PayPal is acquiring digital money transfer service Xoom for roughly $890 million.  PayPal is paying $25 per share, about a 32% premium Xoom's 3 month weighted average price.
Jul 1, 2015, 5:57 PMIn context
Matt Weinberger / Business Insider:
VMware and its reseller Carahsoft to pay US government $75.5M to settle overcharging lawsuit   —  VMware will pay the government $75.5 million to settle an overcharging lawsuit  —  VMware and one of its reseller partners will pay $75.5 million settlement to the General Services Administration …
Jul 1, 2015, 4:55 AMIn context
Lara O'Reilly / Business Insider:
Forrester: US smartphone users spend more time in Facebook's mobile apps than Google's   —  There is one key reason why people are spending more time on Facebook's apps than Google's  —  Smartphone users in the United States are spending more time in Facebook's apps than Google's apps …
Jun 29, 2015, 9:15 PMIn context
Eugene Kim / Business Insider:
Profile of Dropbox COO Dennis Woodside, who's charged with making Dropbox a mature company   —  The future of a $10 billion startup rests in the hands of a star executive Tim Cook personally tried to poach  —  After Dropbox raised $350 million at a $10 billion valuation early last year …
Jun 27, 2015, 12:30 PMIn context
Alyson Shontell / Business Insider:
Twitter VP of Corporate Development and Strategy Rishi Garg is leaving the company   —  Twitter's VP of Corporate Development is leaving  —  Rishi Garg, Twitter's Vice President of Corporate Development, is leaving the company after joining in May 2014.  —  Even though he wasn't at Twitter …
Jun 26, 2015, 6:10 PMIn context
Alex Heath / Business Insider:
Apple is removing Civil War games in the App Store that feature the Confederate flag   —  Apple is pulling games from the App Store that use the Confederate flag in “offensive and mean-spirited ways,” reports Touch Arcade.  —  Games like “Ultimate General: Gettysburg” were recently pulled …
Jun 25, 2015, 2:10 PMIn context
Akin Oyedele / Business Insider:
Netflix board approves 7-for-1 stock split for those who own stock as of July 2   —  Netflix is splitting its stock 7 ways  —  Netflix is splitting its stock seven ways.  —  In a statement Tuesday, the company announced that its board has approved the split.
Jun 23, 2015, 4:55 PMIn context
Jim Edwards / Business Insider:
Interview with Nuzzel CEO Jonathan Abrams on news, Twitter, Friendster, founders as CEOs, and the future of Nuzzel   —  We talked to the CEO who some people think owns the one thing Twitter needs most  —  A few days ago, the Silicon Valley investor Chris Sacca was talking on Periscope about Nuzzel, the newsgathering app.
Jun 19, 2015, 4:10 AMIn context
Biz Carson / Business Insider:
Judge tentatively sets Ellen Pao's court costs at $275,000 — less than one-third what Kleiner Perkins wanted   —  A San Francisco court judge tentatively ordered Ellen Pao to pay $275,966.63 in court costs to her former employer Kleiner Perkins Caufield & Byers.
Jun 17, 2015, 6:40 PMIn context
Biz Carson / Business Insider:
SEC filing shows Y Combinator raising money for new VC fund, the Y Combinator Continuity Fund I   —  Y Combinator, Silicon Valley's hottest startup factory, has filed to raise a venture capital fund  —  Y Combinator is raising money to create a new VC fund according to forms filed with the SEC.
Jun 16, 2015, 10:15 PMIn context

Sponsor Posts

Microsoft:
Next at Microsoft podcast: Wearables are changing the future of healthcare  —  Desney Tan, Microsoft principal researcher, and Amish Patel, director of experience for Microsoft Band, chat about how their collaboration …
Zoho:
Introducing Zoho Forms: Forms for Mobile Teams  —  Forms is all about entries, and entries mean data.  Data that you have to study and act on, so why resort to stacking them in your basement — where they collect dust?
Whitepages:
What the FCC Vote on Robocalls and Spam Texts Mean For Your Business  —  It seems like every month we hear about another phone scam or type of call fraud.  Last week we talked about the toll free traffic pumping problem …
Igloo:
Why attempting to compute a concrete ROI for social technologies is folly  —  It's virtually impossible to know upfront the return on investment of a social intranet.  So the best way forward is to do things, to make change happen.