Snapchat is distancing itself from its core messaging feature with its new Discover product. Instead of offering new communication tools, it’s focusing on media content to hook users. It’s hoping that will… Read more »
Yahoo is splitting its remaining Alibaba shares into a separate company called SpinCo. The move will help Yahoo avoid the tax pitfalls of the investment. The news came Tuesday as Yahoo reported its fourth… Read more »
Facebook considered investing in Chinese mobile conglomerate Xiaomi, according to sources that dished to Reuters. The deal didn’t pan out for a range of reasons, from political concerns to investment conflicts, but could… Read more »
Uber’s latest funding brings the company into the stratosphere of private company valuations. At $40 billion, Uber is believed to be four times more valuable than Airbnb, Snapchat, Palantir or Dropbox. Its… Read more »
Alibaba is shoring up its war-chest with a massive IPO. But what does it mean for the American startups and tech companies with which Alibaba competes? Read more »
In recent months, there’s been a spate of tech companies publishing their staff demographics. We’ve taken the liberty of turning all of them into pie charts — for gender — and… Read more »