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October 15, 2015, 7:20 AM
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| TechCrunch: |
Square files publicly for an IPO on $560.6M revenue and $77.6M loss for first half of 2015, seeks listing on NYSE under symbol SQ — Square Files For IPO On $560.6M In Half Year Revenue, Slim $77.6M Loss — As expected, Square has filed to go public. The financial transactions shop reported …
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U.S. Securities …, Square, VentureBeat, ZDNet, Wall Street Journal, Fortune, CNET, PE Hub Blog, Reuters, BuzzFeed, Re/code, Engadget, TechCrunch, Bloomberg Business, Business Insider, New York Times, Seeking Alpha, Mashable and silicontap.com
Tweets: @square, @rjonesy, @eliotwb, @ericnewcomer, @sarahfrier, @hblodget, @ericnewcomer, @ericnewcomer and @mikeisaac
| William Alden / BuzzFeed: |
Square guaranteed investors in its most recent round a 20% return, S-1 shows — Some Of Square's Backers Were Gauranteed A 20% Return In IPO — The payments company revealed the special provision, known as a ratchet, in its IPO prospectus today. — Jack Dorsey, CEO of Square.| Ken Yeung / VentureBeat: |
Square lost $56M+ in Starbucks deal over three years, partnership to end in Q3 2016 — Square's deal with Starbucks is a bust, and will end in Q3 next year — In 2012, Square formed a partnership with Starbucks that ranked among the biggest of the payments company's history.| Katie Roof / TechCrunch: |
Dorsey owns 24.4% of Square, co-founder McKelvey 9.4%, Khosla Ventures 17.3% — Jack Dorsey Owns 24.4% Of Square — Square's newly revealed IPO filing shows that co-founder and CEO Jack Dorsey is the largest shareholder, owning 24.4 percent of the company.
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VentureBeat and Bloomberg Business
| Miguel Helft / Forbes: |
What bubble? With so many high-growth companies building sustainable businesses, the unicorn boom has just begun — What Bubble? The Unicorn Boom Has Just Begun — For the anxious throng worried about spiraling startup valuations-a group now big enough to pass for conventional wisdom …
Tweets: @paultoo, @pmarca, @pkedrosky, @dangillmor, @mikesimonsen and @mhelft
| John Herrman / The Awl: |
As news sites see traffic decline, Facebook tests new standalone mobile news app Notify, expected to launch later this month — Notes from the Platform's Edge — 1. In recent weeks I've gotten a handful of notes from people letting me know that something or other is up with websites they work at or run.
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SlashGear, VentureBeat, The Verge, Social Media Today, Silicon Republic, Gigaom, Ubergizmo, The Next Web, SocialTimes, TechnoBuffalo, iPhone Hacks, VatorNews, Mashable, Pocket-lint and The Content Strategist
Tweets: @readdanwrite, @mathewi, @jayrosen_nyu and @mikeisaac
| Noah Kulwin / Re/code: |
Civic Tech Startup OpenGov Raises $25 Million, Adds Marc Andreessen to Its Board — For a number of startups, government transparency isn't just a political talking point — it's a lucrative business opportunity. — Their public interesty pitch is that the antiquated technology governments use …
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VatorNews, TechCrunch and VentureBeat
| Mark Gurman / 9to5Mac: |
Apple opens restricted stock unit program to all employees, including retail and AppleCare staff — Tim Cook Memo: Apple launches RSU shares program for all employees to retain talent — Apple today announced a significant new initiative internally for employees that “effectively [makes] …
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SiliconANGLE, MacRumors, iPhone in Canada Blog, Business Insider, Wired, iClarified, iMore and AppleInsider
| Chris Ziegler / The Verge: |
Tesla autopilot software begins rolling out to Model S cars in US Thursday, Europe and Asia within weeks; fully autonomous cars three years away says Musk — Tesla's cars can drive themselves starting tomorrow — At a press event today, Tesla announced the release tomorrow of version 7 … | Dan Frommer / Quartz: |
Reed Hastings says recent switch to chip-enabled credit cards, and subscribers not updating payment records is partially to blame for slow US subscriber growth — Netflix is blaming slow US growth on the switch to chip-based credit cards — Netflix shares are down 7% in after-hours trading … | Ben Popper / The Verge: |
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TechCrunch, CNBC, Variety, Hollywood Reporter, Forbes, ABC News, Deadline, Wall Street Journal, VentureBeat, TIME, TechCrunch, Business Insider and Phys.org
Tweets: @lucas_shaw and @ryanlawler
| Ina Fried / Re/code: |
Intel, Microsoft, HP, Dell and Lenovo Unite for Big PC Advertising Push — Intel and Microsoft are teaming with three leading PC makers on a new ad campaign designed to make potential computer buyers more aware of all the things a modern PC can do. — The campaign, with the slogan …
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SiliconANGLE, Engadget, WinBeta, Business Insider, Windows Central, Microsoft News and MacNN. Tweets: @mgsiegler
| Federico Viticci / MacStories: |
Facebook's iOS app continues to use data and drain battery in the background, even with Background App Refresh turned off — The Background Data and Battery Usage of Facebook's iOS App — Nick Heer, commenting on Facebook's battery usage on iOS in response to a piece by Matt Galligan:
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Pixel Envy, Medium, The Mac Observer, BGR, iMore and iPhone in Canada Blog. Tweets: @abrahamvegh
| Ingrid Lunden / TechCrunch: |
Twitter appoints former Google chief business officer Omid Kordestani as executive chairman — Omid Kordestani Leaves Google, Joins Twitter As Its Executive Chairman — Yet more changes afoot for Twitter as the social network continues its big turnaround effort.
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Re/code, New York Times, Telegraph, The Information, CNNMoney, Wall Street Journal, VatorNews, Marketing Land, 9to5Google, SiliconBeat, Guardian, PCWorld, VentureBeat, Associated Press, Re/code, Business Insider, Seeking Alpha, USA Today, Daring Fireball, CNBC, The Blog Herald and Phandroid
Tweets: @jack, @cnbcnow, @twitter, @peterfenton, @sundarpichai, @joshelman, @startupljackson, @hunterwalk, @adambain, @pkafka, @neilcybart, @danprimack, @omidkordestani, @jack, @kvox, @danprimack and @mdudas
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