| U.S. Securities and Exchange Commission: |
Snap Inc.'s S-1 SEC filing for IPO — This is an initial public offering of shares of non-voting Class A common stock of Snap Inc. Snap Inc. is offering to sell shares of Class A common stock in this offering. The selling stockholders identified in this prospectus are offering an additional shares of Class A common stock.| Jordan Novet / VentureBeat: |
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss — Snap today filed its S-1 paperwork with the Securities and Exchange Commission (SEC), triggering the process to go public. The company aims to raise $3 billion … | Alex Heath / Business Insider: |
IPO filing discloses Snapchat paid $158M to oust co-founder Reggie Brown after 2014 settlement — Snap cofounders Evan Spiegel and Bobby Murphy will become billionaires overnight when their company goes public at a potential $25 billion valuation. — One person who will not share … | Ryan Lawler / TechCrunch: |
| Josh Constine / TechCrunch: |
| Mike Isaac / New York Times: |
Travis Kalanick tells employees that he's leaving Trump's economic advisory council; 200K customers deleted their accounts over the past six days, say sources — SAN FRANCISCO — Travis Kalanick, chief executive of Uber, plans to step down from President Donald J. Trump's economic advisory council … | Kara Swisher / Recode: |
Sources: Facebook, Microsoft, Google, Apple, and Amazon circulating draft open letter to Trump on recent immigration order ahead of planned release this week — It's the first joint effort from big U.S. businesses to try to support immigration. — Alphabet, Apple, Facebook, Microsoft … | Brad Smith / Microsoft on the Issues: |
| Bob Fernandez / Philly.com: |
| Business Wire: |
| John Mannes / TechCrunch: |
Amazon reports Q4 revenue of $43.7B, up 22% YoY, vs $44.68B expected, as net income reaches $749M; stock down 3%+ — Mixed faces in Seattle today as Amazon delivered its Q4 2016 earnings. The e-commerce company reported lower than expected revenue of $43.74 with better than expected earnings per share of $1.54.| Jordan Novet / VentureBeat: |
| Tom Warren / The Verge: |
Microsoft updates Outlook for iOS with support for apps and add-ons, starting with Giphy, Evernote, Trello, more — Microsoft is bringing apps and add-ins to its Outlook for iOS email application today. The software giant has partnered with Evernote, Giphy, Nimble, Trello … | Stephen Shankland / CNET: |
Mozilla lays off about 50 from its connected devices team, bringing the project to an end — The nonprofit is cutting about 50 people after struggling to extend the influence of its Firefox web browser for PCs. — A last vestige of Mozilla's effort to expand its technological influence beyond … | Joseph Cox / motherboard: |
Hackers release iOS cracking tools used by Cellebrite, the Israeli firm known for breaking into phones; expert says the tools are similar to jailbreaking tools — In January, Motherboard reported that a hacker had stolen 900GB of data from mobile phone forensics company Cellebrite.| Matt Burns / TechCrunch: |
GoPro stock crashes 13%+ after missing quarterly expectations with $540.6M in Q4 revenue amid Karma drone recall — GoPro today reported its fourth-quarter and year-end earning results. And they weren't good. The stock is currently falling like a recalled GoPro Karma drone.
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Agentic AI: The need for a data foundation — This is the first post of the 4-part series on Agentic Data Infrastructure.Every business app now ships with an AI agent. Each one is good at its own job.
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.
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| Polygon: |