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Lauren Debter / Forbes:
Returnly, which offers users instant store credit when they decide to return items bought online, raises $19M Series B from Craft Ventures and Max Levchin   —  We have all been there: You buy a jacket or pair of shoes online and they don't fit or the color is all wrong.
Apr 18, 2019, 4:55 PMIn context
Yogita Khatri / CoinDesk:
Binance says it has launched its Binance Chain blockchain and will activate its BNB cryptocurrency on it on April 23; BNB runs on Ethereum now   —  Cryptocurrency exchange Binance has released new details about the forthcoming launch of its new custom blockchain, Binance Chain …
Apr 18, 2019, 3:35 PMIn context
Lauren Feiner / CNBC:
Pinterest closes up 28% on its first day of trading after raising $1.43B in its IPO and is now valued at nearly $13B, above the $12B valuation at its last raise   —  - Pinterest begins trading on the New York Stock Exchange under the ticker “PINS,” debuting at $23.75, up 25% from its IPO price.
Apr 18, 2019, 11:55 AMIn context
Bloomberg:
Sources: ByteDance, which is adding thousands of employees to its 40K staff, expects a net loss of ~$1B in 2018 and revenues of $18B this year and $29B in 2020   —  Most nights, from around 7 till midnight, Sydney Jade is on TikTok, the smartphone app of the moment.
Apr 18, 2019, 5:10 AMIn context
Catalin Cimpanu / ZDNet:
Hacker shares source code of tools from Iranian cyber-espionage unit APT34, alleged personal info of Iranian intelligence officers, and more on Telegram   —  APT34 hacking tools and victim data leaked on a secretive Telegram channel since last month.  —  In an incident reminiscent …
Apr 18, 2019, 2:05 AMIn context
Milwaukee Journal Sentinel:
Wisconsin governor says he wants to renegotiate the state's Foxconn contract, which has up to $4B in incentives, thinks goal of 13K Foxconn jobs is unrealistic   —  MADISON - Gov. Tony Evers said Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group and emphasized …
Apr 17, 2019, 9:10 PMIn context
Rob Price / Business Insider:
Facebook says it unintentionally collected email contacts of 1.5M users who used email password verification, will notify affected users and delete contacts   —  - Exclusive: Facebook said that it has “unintentionally uploaded” the email contacts of 1.5 million new Facebook users since May 2016.
Apr 17, 2019, 8:35 PMIn context
Deanna Ting / Skift:
Airbnb leads $160M Series B in debt and equity financing for Lyric, a hospitality platform offering short-term serviced apartments for business travelers   —  Can you be both a marketplace and a supplier at the same time?  Airbnb certainly seems interested in testing that theory out.
Apr 17, 2019, 8:00 PMIn context
Josh Constine / TechCrunch:
Twitter says it has acquired highlight sharing app Highly, which will shut down its iOS and Slack app on April 26   —  Quotes from articles are much more eye-catching than links on Twitter, so the social giant is scooping up the team behind highlight-sharing app Highly.
Apr 17, 2019, 5:40 PMIn context
BuzzFeed News:
Investigation finds six Android apps from DU Group, a major Chinese developer, that have been committing large-scale ad fraud and abusing user permissions   —  A host of popular Android apps from a major Chinese developer, including a selfie app with more than 50 million downloads …
Apr 17, 2019, 5:10 PMIn context

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