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Matt Weinberger / Business Insider:
Domo updates IPO range to $19-$22/share, which would value it at roughly $511M, far below its previous valuation of $2.28B, now expects to raise $233M in IPO   —  - Domo, last valued at $2.28 billion, could go public at a valuation of $511 million — bad news for investors.
Jun 18, 2018, 3:20 PMIn context
Shana Lebowitz / Business Insider:
Cleo, a parenting support app for working parents offered through employers, including Slack and Reddit, announces $10.5M Series A led by Greylock Partners   —  - Family and parenting app Cleo announced a $10.5 million investment from Greylock Partners.  — Cleo is offered through employers …
Jun 17, 2018, 2:25 PMIn context
Zoë Bernard / Business Insider:
In the past few months CryptoKitties saw sharp drop in daily active users, number of transactions, and average price of kitties according to analytics sites   —  - In March, investors including Andreessen Horowitz and Union Square Ventures gave a total of $12 million to CryptoKitties, a blockchain game for digital collectibles.
Jun 16, 2018, 9:00 PMIn context
Antonio Villas-Boas / Business Insider:
OnePlus CEO Pete Lau says over 1M people bought the OnePlus 6 in its first 22 days on sale, up from 1M in three months for previous flagships   —  - OnePlus sold 1 million units of its latest smartphone, the OnePlus 6, in less than a month.  — It's a small number compared to Apple …
Jun 14, 2018, 10:50 AMIn context
Jason Guerrasio / Business Insider:
MoviePass says it surpassed 3M subscribers and expects to hit 5M by the end of the year as growth slows   —  - MoviePass announced it has passed the 3 million paid subscribers mark.  — However, growth for the movie ticket subscription service is slowing.
Jun 13, 2018, 1:20 PMIn context
Frank Chaparro / Business Insider:
Sources: Fidelity has been working on a digital asset exchange for about a year; internal job posting also hints at plans for a cryptocurrency custody service   —  - Fidelity Investments, a firm that oversees $2.5 trillion in managed assets, is hiring to build a digital asset exchange …
Jun 6, 2018, 6:20 PMIn context
Business Insider:
Microsoft has been talking about buying GitHub, a startup at the center of the software world last valued at $2 billion   — Microsoft has recently held talks to buy GitHub, people close to the companies told Business Insider.  — The companies have had on-and-off conversations over the years …
Jun 1, 2018, 2:20 PMIn context
Matt Weinberger / Business Insider:
Data analytics startup Domo files for an IPO, says it lost $176.6M in 2017, has $72M left in the bank, and needs access to more money by August   —  - Domo, a $2.28 billion data analytics startup, has filed to go public.  — It's not profitable, according to the filings: In 2017 …
Jun 1, 2018, 1:50 PMIn context
Matt Weinberger / Business Insider:
Toronto-based smart thermostat maker Ecobee adds additional $36M to its Series C round, bringing total funding for the round to $98M   —  - Ecobee, a Toronto-based smart thermostat company, has raised $47 million CAD (about $36 million USD) in funding, bringing its Series C round to about $127 million CAD total.
May 31, 2018, 11:25 AMIn context
Katie Canales / Business Insider:
Microsoft surpassed Alphabet's market value for the first time in three years by about $10B on Tuesday   —  - Microsoft's market value was $753 billion at end of day Tuesday, surpassing Google's parent company Alphabet in valuation for the first time in three years.
May 30, 2018, 4:55 AMIn context

Sponsor Posts

Microsoft:
Winning hackathon project now helping millions read and write  —  Teacher Merlyne Graves used to spend hours recording for her students who struggled with reading.  Not any more.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
Planned maintenance of our US Data Center: July 7th, 2018 - 7:30 PM to 10:30 PM PST  —  We have planned a network infrastructure upgrade on our primary data center in the USA on July 7th, 2018 from 7:30 PM to 10:30 PM PST.