22 Feb 2018

Pandora’s improving financials help it recover from a bad day

 Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended. The music streaming business, which has had a terrible past year on the stock market, surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million. Overall revenue was $395 million, beating Wall… Read More
22 Feb 2018

The SEC says companies must disclose more information about cybersecurity risks

 The U.S. Securities and Exchange Commission issued new guidance calling on public companies to be more forthcoming when disclosing cybersecurity risks, even before a breach or attack happens. The statement, which expands on previous guidance issued in 2011, also warns that corporate insiders must not trade shares when they have information about cybersecurity issues that isn’t public yet. Read More
22 Feb 2018

India’s Capillary Technologies raises $20M from Warburg Pincus and Sequoia

 Capillary Technologies, an India-based startup that helps e-commerce businesses manage their marketing and customer engagement, has pulled in $20 million in fresh funding from existing investors Warburg Pincus and Sequoia. The company said it plans to use the capital to develop its products and R&D, including a new focus on the fast-moving consumer goods (FMCG) space where it works… Read More
22 Feb 2018

Walmart launches a new home shopping site for furniture and home décor

 Following a slowdown in e-commerce sales over the holidays, Walmart today is readying a new strategy to attract online shoppers with an increased focus on home goods. The retailer is now launching a redesigned Home shopping experience on the web which will better highlight home products, like furniture, accessories, and other decorative items. The new site’s home page will feature… Read More
21 Feb 2018

Intel ships update for newest Spectre-affected chips

 Intel has announced that the fix is out for its latest chips affected by Spectre, the memory-leakage flaw affecting practically all computing hardware. The patch is for the Skylake generation (late 2015) and newer, though most users will still have to wait for the code to be implemented by whoever manufactured their computer (specifically, their motherboard). Read More
21 Feb 2018

Hear360 begins shipping its ASMR-ready omni-binaural microphone, the 8ball

 8-balls have been known to hold some disappointing, trivial answers to teenage life’s hardest questions, but one LA startup is hoping to find success in them. Hear360 has just begun shipping pre-orders of 8ball, a souped-up binaural 360 microphone rig geared towards professionals that are all about experimenting in new immersive mediums. The 8ball is an “omni-binaural”… Read More
21 Feb 2018

Startup that sells your salary data to VCs gets bought by Solium

 Investors don’t want their portfolio companies to pay you too much, or too little. So they pay Advanced-HR for its compensation data pulled from 2,500 startups. With a generic name, the service has flown somewhat under the radar since launching 20 years ago. As startups grow more professional while staying private longer, they’re getting serious about how they structure equity… Read More
21 Feb 2018

Peer-to-peer camera rental startup KitSplit raises $2.1M

filmmaker sunset KitSplit, which operates a peer-to-peer marketplace for creative equipment, is announcing that it’s raised $2.1 million in seed funding. The equipment available for rental can include cameras, lights and lenses, but also VR gear and drones. Renters get access to this equipment for a lower price, while the equipment owners get to make some extra money from equipment when they’re… Read More
21 Feb 2018

Ford’s President of North America exits the company due to “inappropriate behavior”

 Ford today announced the departure of the Raj Nair, Ford’s President of North America and former executive vice president, Product Development, and chief technical officer. According to a press release, he is leaving the company following a recent internal investigation that found certain behavior by Nair was “inconsistent with the company’s code of conduct.” Nair worked… Read More