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Alex Heath / Cheddar:
Sources: Snap fires security chief over secret relationship with a consultant and pushes out his boss, the head of HR, amid multiple departures in recent months   —  Snap's global security chief has been fired after an internal investigation found that he had an undisclosed relationship …
Jan 18, 2019, 6:50 PMIn context
Cheddar:
Samsara, a maker of sensors and GPS units for fleet vehicle management, raises $100M at $3.6B valuation from existing investors a16z and General Catalyst   —  Samsara, one of the hottest tech start-ups in the freight and logistics space, is raising $100 million in fresh funding, Cheddar has learned.
Dec 28, 2018, 2:15 PMIn context
Alex Heath / Cheddar:
Sources: Snap is planning to release new Spectacles with two cameras and an aluminum frame for $350 by the year's end   —  Snap Inc. is planning to release a new version of its Spectacles glasses with two cameras and a higher price point of $350 by the end of the year, Cheddar has learned.
Nov 20, 2018, 10:20 AMIn context
Alex Heath / Cheddar:
Snap VP of Content Nick Bell, who joined the company in 2014 to lead Discover, says he's leaving amid a planned reorg under Chief Strategy Officer Jared Grusd   —  Another longtime Snap executive is jumping ship.  —  This time it's Nick Bell, Snap's VP of Content, who told employees that he's leaving on Monday.
Nov 12, 2018, 1:14 PMIn context
Alex Heath / Cheddar:
Leaked internal survey of Snap's ~3,000-person workforce shows 40% don't plan to stay, up 11% since Q1 2018, as Snap stock has tumbled in recent months   —  Snapchat employees are looking to jump ship in growing numbers after a botched app redesign and drop in stock price soured many on the company's future …
Oct 24, 2018, 11:30 AMIn context
Alex Heath / Cheddar:
Source: Facebook is building a hybrid video chat/TV set-top box, internally called Ripley, which it plans to announce in Spring 2019   —  Facebook is developing hardware for the TV, Cheddar has learned.  —  The world's largest social network is building a camera-equipped device that sits atop …
Oct 16, 2018, 10:45 AMIn context
Alex Heath / Cheddar:
In a 15-page internal memo sent in late September, Snap CEO Evan Spiegel sets a goal of reaching full-year profitability in 2019, admits redesign was rushed   —  CEO Evan Spiegel has given Snap Inc. the directive of achieving full-year profitability in 2019 and has refocused the company around …
Oct 4, 2018, 6:25 PMIn context
Alex Heath / Cheddar:
Sources: Facebook plans to unveil its “Portal” video chat device for home with Alexa support next week; it will come in two screen sizes for ~$400 and ~$300   —  Facebook plans to finally unveil its Portal video chat device for the home next week, Cheddar has learned.
Sep 20, 2018, 11:41 PMIn context
Alex Heath / Cheddar:
Head of Snap's Spectacles division, Mark Randall, tells staff he's leaving to start his own company, marking the second leadership change for the product   —  The head of Snapchat's Spectacles division, Mark Randall, has left the company.  —  Randall, who was Snap Inc.'s vice president of hardware …
Jul 24, 2018, 4:05 PMIn context
Alex Heath / Cheddar:
Sources: AT&T in talks to acquire AppNexus, which operates one of the largest independent ad exchanges; source says AppNexus won't sell for less than $2B   —  AT&T is in talks to acquire the advertising company AppNexus, Cheddar has learned.  —  Privately-held AppNexus operates …
Jun 19, 2018, 6:35 PMIn context

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