The global race is on — and it is time for the FCC to get out of the starting gate, schedule an auction, and chart a course for 5G success. Read More
Bumble, the female-led dating app founded by Whitney Wolfe Herd in 2014, is diving head first into content. The company is hiring Clare O’Connor as its first Editorial Director, who will work directly with Wolfe Herd and and Bumble’s content team to develop editorial content for their millions of users via a new arm called Bumble Media. O’Connor most recently was a staff… Read More
The U.S. has led the world in venture capital investing in a number of ways, but does the U.S. market also serve as a leading indicator for the rest of the world? It’s something to keep an eye on for the next couple of quarters. Downturns may be contagious, even if they take some time to incubate. Read More
Cadre, a three-year-old, New York-based online platform helping accredited investors delve into commercial real estate deals in what it claims is a far more transparent way, has received a big vote of confidence from Goldman Sachs.
According to CEO Ryan Williams, Goldman’s private wealth clients are committing $250 million to the platform, money that will get funneled directly into a… Read More
The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Read More
Uber has agreed to pay $3M to settle a proposed class action lawsuit brought by 2,421 drivers in New York who had accused the ride-sharing giant of docking excessive fees from their fares. Read More
Bugsnag, the cloud service that helps developers find bugs inside their software, announced a $9 million Series B today. They also released a new version of their dashboard that features a stability score than can give customers an unbiased grade of the current stability of their software. Let’s look at the funding first. Investors included first-timer GV (formerly Google Ventures)… Read More
Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country. Founded in 2015, NiYO partners with companies (employers) and banks to offer employees the opportunity to access their benefits, such as healthcare or food allowances, through a digital platform. That includes a… Read More
Nearly two years to the day of its majority investment in Grindr, China-based tech firm Kunlun Group has fully acquired the gay dating app. Grindr is among the, if not the, world’s most popular LBQT dating app with a claimed 3.3 million daily users. Kunlun, which is best known for games but is part of a consortium that acquired Opera’s browser business, bought 60 percent of the… Read More
In a betrayal of loyalty signaling poor morale, a massive dump of Snapchat’s usage stats has leaked. The most worrisome is that the number of users posting Stories has shown zero growth, an even worse performance than Snapchat’s total user growth that was sluggish this year. It appears Instagram’s Stories clone has stopped Snapchat’s most monetizable feature dead in… Read More