Startups
Pebble Is Dead, and Its Customers Are Completely Screwed
Image: Gizmodo Pebble, one of the best-known smartwatch brands, is dead. Rumors about the company’s demise have been swirling since The Information reported a potential Fitbit buyout last week. Today in a post on Kickstarter, Pebble confirmed that Fitbit was acquiring “key Pebble assets” and that Pebble would “no longer be operating as in independent…
Snapchat Files Confidentially for IPO – Bloomberg
Snap Inc., the parent company of Snapchat, has filed confidentially for an initial public offering, according to people familiar with the matter. Snapchat filed papers with the U.S. Securities and Exchange Commission before last week’s U.S. Presidential election, one of the people said, asking not to be identified as the details are private. The company…
Why Disney should buy Netflix instead of Twitter – Oct. 26, 2016
storytext 5 stunning stats about Netflix Netflix is once again a Wall Street darling after reporting strong earnings and solid international subscriber growth. But could that make the red hot company a takeover target in the rapidly changing media world? Source: Why Disney should buy Netflix instead of Twitter – Oct. 26, 2016
YouTube Personality Alleges Toronto Uber Driver Demanded Blowjob for Payment – VICE
Uber says it has permanently suspended the driver. When Erika Szabo, a video game and anime YouTube personality, ordered an Uber on a Sunday afternoon following a guest appearance at a convention in Toronto, she was looking to get home quickly after a long day and shitty weather. Just as her Uber driver pulled up, however,…
News is Not a Venture-Backed Business — The Information
Image wrap box Free blurb with Takeaway Another week, another news site raising venture capital. Make that two. Politico co-founder Jim VandeHei’s new business and politics venture raised a $10 million series A from Lerer Hippeau Ventures and NBC. Cheddar, a video news network, raised $10 million more from Lightspeed Venture Partners, Ribbit Capital and…
Anti-black discrimination is rampant on Uber and Lyft.
New Business Model. Same Racist Cab Drivers. /header Black riders in Seattle and Boston get longer wait times and more canceled rides.Adam Berry/Getty Images If you have a distinctively black-sounding name, you are more than twice as likely to have your Uber trip canceled than if you had a white-sounding name, a new study…
Instacart CEO: Some Workers Must Earn Less For The Company To Grow – BuzzFeed News
Instacart workers are earning a lot less money after changes to the company’s pay structure — changes CEO Apoorva Mehta told BuzzFeed News are necessary for the company’s continued growth, but that hundreds of vocal Instacart shoppers say are threatening their livelihoods. According to a Buzzfeed News analysis of 15 workers’ pay stubs, shifts that…
Blue Apron Didn’t Get A State Processed Food Registration For Three Years – BuzzFeed News
Blue Apron got approval to operate a food processing facility from the California Department of Public Health for the first time last month, despite having been packing and shipping boxes of fresh produce and raw fish, poultry, and meat in the state for over three years. The company’s Oct. 5 registration with the state health…
Black Males Are Three Times More Likely to Have Their Ubers Canceled Than Whites, Study Shows
Black riders in Seattle and Boston get longer wait times and more canceled rides.Adam Berry/Getty Images If you have a distinctively black-sounding name, you are more than twice as likely to have your Uber trip canceled than if you had a white-sounding name, a new study reports. For black men, the same study found,…