Techmeme: Warby Parker raises $100M round led by T. Rowe Price, sources say at a valuation of $1.2B (Douglas MacMillan/Wall Street Journal)

Open Links In New Tab

Mobile Archives Advertise Site News Contact Editors

April 30, 2015, 5:15 PM

Top News

Douglas MacMillan / Wall Street Journal:

Warby Parker raises $100M round led by T. Rowe Price, sources say at a valuation of $1.2B — Eyeglass Retailer Warby Parker Valued at $1.2 Billion — Online eyeglass retailer Warby Parker has raised a fresh round of capital that values it over $1 billion and bolsters its expansion of brick-and-mortar stores.

More: Fortune, TechCrunch, Business Insider, bizjournals and Entrepreneur

Tweets: @alexjamesfitz and @nicole_hong

Juli Clover / MacRumors:

IHS: 38mm Apple Watch Sport component and manufacturing costs are $83.70, about 24% of retail price — Apple Watch Sport Component Costs Estimated at $83.70, Which Won't Sit Well With Tim Cook — IHS iSuppli often tears down devices to estimate component costs, and today …

More: Business Wire, ZDNet, Reuters, Re/code, VentureBeat, InvestorPlace, iPhone in Canada Blog, iDownloadBlog.com and WatchAware

Eric Slivka / MacRumors:

Teardown of Apple's S1 Watch chip reveals custom CPU, 512MB RAM, 8GB flash storage, components from ADI and IDT — Early Looks Inside Apple Watch's S1 Chip Confirm 512 MB RAM, Unexpected Suppliers — Since the Apple Watch's initial unveiling last September, Apple has touted the S1 chip …

More: ABI Research, 9to5Mac, Ars Technica, Business Insider, AppleInsider, SlashGear, iDownloadBlog.com and iPhone in Canada Blog. Tweets: @marcoarment

Bloomberg Business:

Leaked Lyft presentation to investors reveals estimated $130M revenue in 2014; company spends $530 marketing per driver and 22 passengers in SF — Leaked Lyft Document Reveals a Costly Battle With Uber — The startup also describes its rival as having an “anti-social culture”

More: Business Insider. Tweets: @mdudas, @mikeisaac, @ericnewcomer, @lesliepicker and @thestalwart

Tim Ingham / Music Business Worldwide:

Apple poaches top producers from BBC Radio 1 for new Spotify rival — Whatever Apple is creating to rival Spotify just got a lot more intriguing. — Little more than two months after poaching Zane Lowe from BBC Radio 1, MBW understands that Apple has pinched four producers from the station …

More: Fortune, iPhone in Canada Blog, TechnoBuffalo, Mashable, Business Insider, 9to5Mac, AppleInsider, FACT Magazine, iLounge, MacRumors and Cult of Mac

Tweets: @bpi_music and @musicbizworld

Steve Teixeira / Building Apps for Windows:

Microsoft releases preview of Windows 10 IoT Core for Raspberry Pi and Arduino devices — Microsoft brings Windows 10 to Makers — We are continually inspired by the enthusiasm and passion for technology represented by the Maker community. Today we are excited to share what's next …

Terry Myerson / Blogging Windows:

Welcoming Developers to Windows 10

Wall Street Journal:

Image sensors in iPhone 6 and Galaxy S6 generate as much as $20 per unit for Sony — How Sony Makes Money Off Apple's iPhone — Image sensors for Apple, Samsung fuel Japanese consumer-electronics giant's turnaround strategy — TOKYO—Sony Corp. lost the smartphone war but rings up a sale …

More: Fortune and The Verge

Wall Street Journal:

After years of restructuring, Sony predicts operating profit will quadruple to $2.7B this year on strong PS4 and image sensor sales

More: The Verge, Reuters, CNET, IGN, Bloomberg Business, USA Today, Ars Technica, Reuters and Seeking Alpha

Wall Street Journal:

Apple and IBM team with Japan Post to serve elderly, aim to give 5M iPads to senior citizens by 2020 — Japan Post Teams With Apple, IBM to Better Serve Elderly — Post-office staffers check in on older clients, offer consultation services, report back to family members

Mike Isaac / New York Times:

Secret's 16-month life: from the next big thing, to a $6M cash-out by the founders, to yesterday's news — A Founder of Secret, the Anonymous Social App, Shuts It Down as Use Declines — Last summer, employees at the start-up Secret gathered in their new offices in downtown San Francisco …

Jordan Novet / VentureBeat:

Microsoft showcases face detection API with a web site that guesses your age based on a photo, which quickly goes viral — Microsoft's face-recognition app How Old gets everyone's age wrong, turns into a meme — My Twitter timeline just blew up with selfies with boxes hovering above faces guessing …

More: TechNet Blogs, The Next Web, PCWorld, Daily Mail, BetaNews, Business Insider, TechCrunch, NY Daily News, SlashGear, Mashable and Ubergizmo. Tweets: @stevekovach

Michael J. Casey / Wall Street Journal:

Bitcoin wallet service Circle raises $50M led by Goldman Sachs and IDG Capital Partners, sources say at a valuation of $200M — Goldman a Lead Investor in Funding Round for Bitcoin Startup Circle — Goldman Sachs part of $50 million round that values Circle Internet at around $200 million

More: The Circle Blog, New York Times, TechCrunch, PandoDaily, Bloomberg Business, Quartz, PYMNTS.com, Xconomy, CoinTelegraph.Com News, Mashable, PE Hub Blog, BuzzFeed, Reuters and CoinDesk

Reem Nasr / CNBC:

LinkedIn plunges 27% after hours on lower outlook after reporting Q1 revenue of $638M — LinkedIn shares down 17 percent after weak outlook — Shares of LinkedIn plunged after the company released lowered guidance for the year. The company reported earnings per share of 57 cents …

More: TechCrunch, ZDNet and Business Insider

Jordan Novet / VentureBeat:

Amazon pays $20M-$50M for ClusterK, the startup that can run apps on AWS at 10% of the regular price — EXCLUSIVE: — Amazon, the world's biggest provider of cloud infrastructure for running applications, has acquired ClusterK, with an eye toward integrating the startup's technology …

More: Computerworld, CloudWedge, bizjournals, Beyond Search, SiliconANGLE and GeekWire

Sarah Buhr / TechCrunch:

Personal Finance Startup MX Pulls In $30 Million Series A Funding From USAA and Digital Garage — MX, the personal finance startup formerly known as Money Desktop, has just inked a $30 million Series A funding deal led by a subsidiary of USAA. Tokyo-based VC firm Digital Garage also participated in the round.

Thanks:@sarahbuhr

Johana Bhuiyan / BuzzFeed:

Flywheel now lets you pay for cabs in its system via app even if you hail on the street — Flywheel Now Lets You Pay For Taxis On A Mobile App — The taxi-hailing app hopes the new feature will give it a leg up on Uber and Lyft. — Flywheel press kit

More: Fortune, PandoDaily and GeekWire

Orr Hirschauge / Wall Street Journal:

Sources: Microsoft to pay about $30M for assets of touch screen technology company N-trig — Microsoft to Pay Around $30 Million for N-trig — Company's components used in Microsoft's Surface Pro 3 tablet — Microsoft Corp. has signed an agreement to buy the assets …

Jordan Kahn / 9to5Mac:

Apple now says human medical research apps ‘must’ get ethics board approval — Apple has added a clause in its App Store guidelines for developers noting that apps doing health-related human subject research are required to obtain approvals from an independent ethics review board.

More: MacRumors, Naked Security, MobileSyrup.com, Ubergizmo, Consumerist, Digital Trends, iLounge, The Verge, mobihealthnews and iMore

Chris Welch / The Verge:

Amazon Instant Video for iOS adds ability to stream content in HD, now works over cellular — Amazon Instant Video for iOS finally lets you stream movies and TV in HD — Amazon's finally getting around to a much needed update for its Instant Video app on iOS today.

More: 9to5Mac, SlashGear, The Next Web, Lifehacker, TechCrunch, TechnoBuffalo and iMore. See also Mediagazer

Sponsor Posts

Subquadratic:

Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.

Cape:

Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.

Zoho:

Announcing Zoho POS for South Africa—expanding our commitment to the MEA — We're happy to announce that Zoho POS is now available for South African retail businesses, supporting the region's VAT requirements.

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:

How The AI Bet Pays Off + AI Lab Strategy Game — With David Cahn

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Channels with Peter Kafka:

Oliver Darcy on Status, Bari Weiss, and Why Media Reporters Are Too Soft

Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.

Subscribe to Channels with Peter Kafka.

Training Data:

Chai Discovery's Bitter Lesson: Drug Design Is Another Scaling Problem

Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.

Subscribe to Training Data.

Invest Like the Best:

Gavin Baker - AI Market Jitters

The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.

Subscribe to Invest Like the Best.

Lenny's Podcast:

This CPO regrets that product management exists | Tom Verrilli (CPO of Whatnot)

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Tools and Weapons with Brad Smith:

Connecting the Unconnected: Doreen Bogdan-Martin

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:15 PM ET, April 30, 2015.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.